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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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Main content includes:

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Latest assets for News & Insights

Bharat Mobility Global Expo 2025: Schaeffler India showcases aftermarket solutions
Schaeffler India, a leading motion technology company, participated at the recently held Auto Expo Components Show 2025, part of the Bharat Mobility Global Expo in New Delhi. The company showcased its advanced mobility solutions with a focus on its aftermarket division, which is known as Vehicle Lifetime Solutions (VLS). The showcase underscored its commitment to digitalization, electrification and sustainable mobility tailored to the unique needs of the Indian market, the company said in a rele...
News
Aisin Corp. announces global aftermarket strategy overhaul at AAPEX 2024
At the AAPEX 2024 event, Aisin Corp. unveiled its ambitious plan to overhaul its global aftermarket strategy, aiming to become a comprehensive parts and service provider. This strategic shift involves the creation of Aisin Aftermarket & Service of America Inc., a fusion of AWTEC — a Transmission Remanufacturing division — and the Aftermarket Business unit of Aisin World Corp. of America (AWA). Scheduled to commence operations in April 2025, this restructured entity seeks to streamline...
News
Varta and Hella Gutmann unite to enhance European car battery diagnostics
Varta, a brand under the provider of advanced low-voltage battery solutions Clarios, in collaboration with Hella Gutmann Solutions, have announced a new partnership aimed at enhancing battery diagnostic services across European workshops, according to a press release dated Oct. 29. Hella Gutmann Solutions is a subsidiary of the Hella Gutmann Group, which in turn is part of Germany's Hella GmbH & Co. KGaA. This initiative is directed at empowering automotive workshops to deliver more ...
News
AutoZone says Q4 2024 net sales at $6.2 billion, up 9% YOY
US-based retailer and distributor of aftermarket automotive parts and accessories, AutoZone, has announced its financial results for the fourth quarter ended Aug. 31, 2024. The company reported net sales of $6.2 billion, up 9.0% from the fourth quarter of fiscal 2023, according to a press release dated Sept. 24. Despite a minor decrease in gross profit margin to 52.5%, the company saw an operating profit increase of 6.1% to $1.3 billion. Net income for the quarter was $902.2 mi...
News
Auto repair shops increasingly billing insurers for color-matching labor
The latest findings from the "Who Pays for What?" survey conducted by Collision Advice and CRASH Network reveal a growing trend among auto repair shops in billing insurance companies for the time spent setting up and using spectrophotometers, or color-match cameras, according to a report by Repairer Driven News. More than 20% of shops now report charging for this labor, with a notable increase in the number of shops stating they are regularly compensated by the eight largest national insurers...
News
Geotab and Autocar announce partnership for integrated telematics in trucks
Geotab USA Inc., known for providing connected vehicle and asset solutions, has announced a partnership with Autocar, a manufacturer of custom-engineered vocational trucks. This collaboration entails the factory installation of Geotab's GO devices in all internal combustion engine (ICE) trucks produced by Autocar. The integration enables Autocar to leverage near real-time, enterprise-grade telematics data to improve its production, warranty and service offerings, notably enhancing its "Always...
News
AUTEL Energy Europe partners with Mer to boost EV charging in Europe
AUTEL Energy Europe has announced a strategic partnership with Mer, a European electric vehicle charging company, to expand AC electric-vehicle charging solutions across Europe, focusing on key markets such as the Nordics, the UK, Germany and Austria. This collaboration aims to integrate AUTEL's MaxiCharger AC products into Mer's growing charging network, thereby enhancing the availability of charging plugs and supporting the continent's shift toward electric vehicles. AUTEL's MaxiCharge...
News
Kempower supplies EV chargers for electric trucks to Danske Fragtmænd in Denmark
Finnish DC fast-charging equipment manufacturer Kempower has supplied its charging solutions for electric trucks to Danske Fragtmænd in Denmark, the company announced March 25. Kempower’s high-power charging equipment is installed at Danske Fragtmænd’s depot in Aalborg, Denmark. The facility allows for the charging of up to four trucks at a time and is designed and developed by Kempower’s partner GodEnergi A/S, the company said. The site has a Kempower Satellite charging system, wi...
News
Interview: Schaeffler Asia-Pacific on its aftermarket division’s strategy for growth
With rapid changes in the mobility ecosystem, German automotive supplier Schaeffler is transitioning itself from a spare parts supplier to a solutions provider. The company’s aftermarket division was reorganized as Vehicle Lifetime Solutions (VLS) in mid-2024 in a shift from a product-led approach to an ecosystem-led approach. The division aims to provide vehicle repair and service solutions at every stage of a vehicle's lifecycle.     The increasing performance levels in veh...
Insights
Interview: Houlihan Lokey on automotive aftermarket M&A trends
M&A has continued to play a significant role in the automotive aftermarket with companies utilizing the route to build scale and consolidate fragmented industry segments. The aftermarket sector has remained a hotbed of investor activity for several years, with transaction values surging in 2021 in the post-COVID era. After three years of range-bound movement, deal volume rose to 437 deals in 2021 with disclosed value touching $27.7 billion, up from 301 deals and $12.9 billion in 2020, acc...
Insights
Power to the people: How convenience stores are filling the EV charging void
The presence of electric-vehicle (EV) charging stations at convenience stores is becoming a key factor for consumers, according to Gilbarco Veeder-Root. As the demand for EVs continues to grow, consumers are more likely to consider convenience stores with EV charging stations as their preferred choice. This trend highlights the importance for convenience store owners to adapt to the changing needs of their customers and invest in EV charging infrastructure. Gilbarco Veeder-Root, a global supp...
Insights
AI-driven predictive fleet maintenance solutions: Interview with Geotab
Telematics tracks information about a vehicle and its usage. It is different from mobile phone GPS tracking systems, as it focuses on the vehicle rather than the driver's phone. Vehicle telematics can range from simple GPS trackers that provide location information to robust systems that monitor vehicle health, improve productivity, enhance fuel efficiency, ensure regulatory compliance and promote driver safety. An open-platform telematics solution offers access to data for integration with o...
Insights
US aftermarket associations at odds over right-to-repair bills
The ongoing automotive right-to-repair debate in the US saw heightened activity in February with a new federal legislative proposal called the Safety as First Emphasis (SAFE) Repair Act presented to Congress by a group of three organizations representing service professionals and automakers. The move triggered sharp reactions from other organizations that also represent the service industry and the independent aftermarket who are pushing for another right-to-repair proposal called the REPAIR Act...
Insights
Interview: Schaeffler Asia-Pacific on its aftermarket division’s strategy for growth
With rapid changes in the mobility ecosystem, German automotive supplier Schaeffler is transitioning itself from a spare parts supplier to a solutions provider. The company’s aftermarket division was reorganized as Vehicle Lifetime Solutions (VLS) in mid-2024 in a shift from a product-led approach to an ecosystem-led approach. The division aims to provide vehicle repair and service solutions at every stage of a vehicle's lifecycle.     The increasing performance levels in veh...
Insights
Trends impacting the US automotive aftermarket
The US automotive aftermarket ended 2024 with a tempered performance compared to the significant growth experienced over the past three years. While the sector has benefited from a steady increase in vehicle miles traveled and an aging vehicle population, which has driven demand for maintenance and repair services, the growth rate is expected to have moderated last year, reflecting a broader trend of slowing economic momentum. The aftermarket is forecast to have grown 5.9% ($414.1 billion) in...
Insights
Software-defined vehicles and their implications for service providers
Vehicles are already becoming increasingly intelligent and connected, driving change across the automotive ecosystem. Consumers have seen how easily their mobile and digital devices are upgraded and faults are fixed with over-the-air (OTA) software and are demanding smartphone-like in-vehicle experiences, setting the stage for SDVs. What are SDVs, and what benefits do they offer? SDVs are designed around software, rather than hardware, and are seen as the next evolution of the automotive i...
Insights

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