logo_sm.gif (4042 bytes)
Your Source for Up-To-Date News and Research on the Collision Repair Industry 

Subscribe to INSIGHT Editor's Desk News Alerts
click here to subscribe to the FREE INSIGHT Editor's Desk News Alert Email

lftspace.GIF (57 bytes)
Today's News
INSIGHT This Month
INSIGHT Archives
Survey Center
Letter to the Editor
Business Tools
Subscription Information
CSI Reporting
Financial Analysis
IRS Audit Guide
Technical Info

Market Watch Rates
INSIGHT Inside this month's issue...
Letter to the Editor
cntspace.GIF (53 bytes)
Monday June 7

AAIA Says U.S. Motor Vehicle Aftermarket Increased 3% in 2003

The size of the U.S. motor vehicle aftermarket grew by three percent in 2003 to $244.6 billion, according to the "AAIA 2004/2005 Aftermarket Factbook," recently published by the Automotive Aftermarket Industry Association (AAIA).

"More registered vehicles, more licensed drivers, more miles traveled and an aging of the vehicle fleet all helped expand the domestic aftermarket," said Kathleen Schmatz, AAIA president and CEO. "This steady growth should be good news to investors, especially with forecasts calling for 3.5 percent increases in 2004 and 2005."

The recovering U.S. economy increased the pace of consolidation in the aftermarket after three years of declines in acquisitions, according to the Factbook. A total of 48 reported mergers and acquisitions occurred among aftermarket businesses in 2003, an increase of 9 percent.

The "2004/2005 Aftermarket Factbook" includes statistical tables, charts, analysis and trends in the U.S. and key international markets.

©2004 Collision Repair Industry INSIGHT
All Rights Reserved


PPG Automotive Refinish

Akzo Nobel

Sherwin-Williams Automotive Finishes

DuPont Automotive Refinish

Spies-Hecker Automotive Refinish

National Auto Body Council
INSIGHT Supports the NABC!
Do You?