News & Insights

AftermarketInsight's daily articles keep you up to date with the most significant news, covering thirteen key topics such as eCommerce, technology, and scrappage policies - all carefully selected by S&P Global Mobility analysts.​

AftermarketInsight's monthly insight articles focus on industry topics and events that are shaping the industry, including vehicles-in-operation, distribution trends, and mergers & acquisitions. The insight articles add an S&P Global Mobility perspective based on extensive research, data analysis, and industry interviews.​

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Latest assets for News & Insights

Automechanika Frankfurt 2022: Danish remanufacturer BORG Automotive to showcase range
BORG Automotive, a Denmark-based automotive parts remanufacturer, has announced that it will showcase its complete product portfolio at Automechanika Frankfurt from 13 to 17 September, according to a press release dated 25 August. For the first time, the company, which distributes its line-up under the brands Elstock, DRI, Lucas, and TMI, will exhibit its range of turbochargers that the company launched in 2020.  At its booth, the company will showcase its remanufactured alternators, sta...
Apollo Tyres unveils specific tyres for electric vehicles
“Tyre design and manufacturing have always evolved along with the automobiles. Our teams have invested years of research to understand the changing dynamics and requirements of vehicles in EV space to perfect the product that we are launching today. We are already in discussions with multiple OEMs in India to supply these tyres for the electric vehicles and will be targeting for a lion’s share in the EV space in India, in both PV and two-wheeler segments,” said Satish Sharma, President, As...
US-based Advance Auto Parts opens new stores in Los Angeles
North America-based automotive aftermarket parts retailer Advance Auto Parts has announced that it has opened 22 new stores in the Los Angeles market as part of the company’s broader strategic expansion into the Western United States, according to a press release dated 22 June. In spring 2021, Advance had announced its plan to expand into California by leasing 109 Pep Boys stores and converting them to Advance stores, more than half of which are in the Los Angeles area, the release added. V...
Autopromotec 2022: Dayco showcases its product range for EMEA markets
Dayco, an aftermarket engine products and drive systems supplier with its aftermarket headquarters in Italy, showcased its growing range of repair solutions for aftermarket professionals in the Europe, the Middle East and Africa (EMEA) region at Autopromotec 2022 exhibition in Bologna, Italy. Reflecting its ongoing shift towards a hybrid and electric vehicle (EV) future, the company highlighted many new products it had recently introduced to complement its range of traditional combustion engi...
Continental’s WinterContact™ TS 870 takes the win in the Auto Express Winter Tire Test
German supplier of automotive components, tires, and aftermarket replacement parts, Continental, has announced that the Continental WinterContact™ TS 870 came first in the Auto Express 2022 Winter tire test, having secured top position in six testing areas including snow braking and snow circle, rolling resistance, dry handling, wet circle, straight, and curved aquaplaning. A really strong result for the tire from the popular WinterContact™ tire range in a press release dated 30 Septemb...
Ecobat addresses the future of EV battery recycling
With operations throughout Europe, the United States, and Southern Africa, Ecobat is a leader in the collection, recycling, production, and distribution of energy storage solutions. In a press release dated 3 October, Ecobat Battery European Marketing Manager, Thom Poole, said “The lithium battery, which is generally the battery of choice for vehicle manufacturers (VM) globally, is an incredibly effective power storage solution. It is virtually maintenance-free, is lighter than a traditio...
The North American Auto Care Association announces Senior leadership change
In a press release dated 3 October, The Auto Care Association announced the addition of Ted Hughes as its new senior director of community engagement and AWDA executive director. Hughes will lead the association’s efforts to evolve community engagement among its members while also serving as the liaison between the association and its Aftermarket Warehouse Distributors Association (AWDA) community. In his role as senior director of community engagement, Hughes will be a key leader in e...
Continental US expands coverage for power window lifts and door lock actuators
In a release dated 26 September, Continental Aftermarket US, a supplier of OE-engineered aftermarket replacement parts and advanced diagnostics, announced that it has expanded its direct-fit replacement Door Systems Program with new part numbers and increased application coverage. Claimed to be designed to provide OE fit, form, and function, this includes power window motor/regulator assemblies, power window regulator assemblies, and door lock actuators. Continental said its power w...
Usage-based insurance in India and the role of blockchain vehicle passports
In an effort to boost technology-enabled insurance, India’s insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI), in July this year permitted general insurance companies to introduce concepts such as “pay as you drive” and “pay how you drive” for own damage (OD) coverage. Following the announcement, activity in the usage-based insurance (UBI) space, a type of motor insurance that tracks mileage and driving behaviors, has picked up and should gather p...
What’s next for aftermarket in India?
India’s automotive aftermarket industry returned to growth in fiscal year (FY) 2022 (April 2021–March 2022) after coming under pressure in the previous FY owing to the slowdown in the auto component and the overall automotive industry. In FY 2022, the aftermarket industry revenue grew at the fastest pace in five years, indicating a return to normalcy with the industry size surpassing pre-pandemic levels.   In FY 2022, the turnover of the automotive aftermarket stood at INR74,203 cror...
Key trends shaping the US automotive aftermarket
The US automotive aftermarket (consisting of light vehicles) has shown resilience and agility in the face of the downturn in demand and vehicles miles traveled (VMT) caused by the COVID-19 pandemic since 2020. In 2020, the automotive aftermarket decreased by 5.3% to USD286.2 billion, a stronger performance than originally predicted (down 8.8%). In 2021, it is estimated to have rebounded by a robust 14.8% to USD328.5 billion, considerably higher than previously forecast (11.2%), according to the ...
Battery life and its role in assessing the life of a BEV
As the shift toward battery-electric vehicles (BEVs) gains momentum in key automotive markets around the world, the lifespan of BEVs vis a vis that of internal combustion engine (ICE) vehicles is increasingly coming into focus. Typically, ICE vehicles that have completed about 12–15 years of registration are designated end-of-life (EOL) in most countries. However, because electric cars are still relatively new to the market, it is still early to arrive at tangible data on how long an electr...

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