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

SEG Automotive and Fersa launch remanufactured drive unit for Renault ZOE
SEG Automotive and Fersa announced that they will be presenting a remanufactured electric motor for the Renault ZOE for the first time at 2025's Rematec from April 8 to 10.  The move follows the collaboration announced by both companies at the Automechanika Frankfurt 2024. It was announced that the partnership would combine SEG Automotive’s extensive remanufacturing expertise with Fersa’s deep technical know-how and advanced bearing solutions. The companies had announced the new...
Advance Auto Parts says Q4 FY 2024 sales $2.0 billion, down 0.9% YOY
Advance Auto Parts Inc., an automotive aftermarket parts provider in North America, has announced its financial results for the fourth quarter and the entire year ended Dec. 28, 2024. The fourth quarter saw net sales of $2.0 billion, marking a 0.9% decrease from the previous year, with comparable store sales down by 1.0%. The company reported a gross profit of $347.1 million or 17.4% of net sales, with adjusted gross profit at $778.6 million. The operating loss stood at $820.0 million, o...
Aftermarket distributor FleetPride acquires heavy-duty repairer ARS
FleetPride Inc., a US-based independent distributor of aftermarket heavy-duty parts and service, announced it has acquired the assets of ARS Truck & Fleet Service. Based in New Castle, Delaware, ARS operates 25 service bays in two locations and a mobile service fleet of 16 trucks. This transaction represents the expansion of service on the Eastern Seaboard. ARS, established in 1972, is known for its in-house and on-location repair services for heavy-duty fleets. The announcement...
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...
UK launches the Maintenance Provision Rating Scheme for workshop standards
The UK has rolled out the Maintenance Provision Rating Scheme (MPRS) officially to the wider industry as regulators and industry trade bodies join forces to elevate standards in workshops and maintenance facilities. “The Maintenance Provision Rating Scheme marks a significant milestone for our industry. For too long, there has been a lack of clarity around workshop standards and the MPRS will change that. It addresses the long-standing lack of clarity around workshop standards by intro...
BendPak’s divisiton QuickJack upgrades its portable car lifts range
QuickJack, a division of BendPak Inc., has introduced several enhancements to its line of portable car lifts, including new models that can lift heavier vehicles. The newly released models, QuickJack 6000TL and 6000TLX, are designed for vehicles weighing up to 6,000 pounds, while the 8000TL and 8000TLX can support up to 8,000 pounds. These lifts utilize a patented design to safely and efficiently raise vehicles approximately two feet in the air, offering a convenient alternative to traditional r...
Voyomotive launches VOYOHub for repair shops to boost revenue
Voyomotive has announced the launch of VOYOHub, a new feature within the company’s VOYOLink platform that allows repair shops to resell connected car services, manage customer relationships and create new recurring revenue. VOYOLink is the first software-as-a-service platform that allows owners to connect their vehicles remotely to a shop with a single click. This integration gives shops real-time visibility into vehicle health and diagnostics before a vehicle enters a service bay. VOYOHub ...
Polestar introduces battery state-of-health certificates for its pre-owned program
Polestar has introduced battery state-of-health (BSOH) certificates for pre-owned Polestar 2 vehicles. As part of the Polestar Pre-owned program, in which select used cars re-enter the partner network, the certificate transparently shows customers the battery health and capacity of a used Polestar 2. Certifying the useable battery as a percentage, customers can purchase a pre-owned Polestar 2 with peace-of-mind that the car’s battery is in optimal condition. Since its launch in 2020, Polest...
Interview with Stellantis India CEO on Eurorepar’s strategy for growth
Automaker Stellantis is betting on India’s independent aftermarket segment with the launch of the Eurorepar Car Service, its multibrand service and repair network, in March 2025. The move comes five years after the company, then Groupe PSA, launched the Eurorepar range of multibrand aftermarket products in India. Eurorepar’s launch came just days after German automotive supplier ZF opened India’s first ZF [pro]Tech plus workshop, indicating heightened interest in India’s vehicle servi...
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...
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...
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...
Interview with Stellantis India CEO on Eurorepar’s strategy for growth
Automaker Stellantis is betting on India’s independent aftermarket segment with the launch of the Eurorepar Car Service, its multibrand service and repair network, in March 2025. The move comes five years after the company, then Groupe PSA, launched the Eurorepar range of multibrand aftermarket products in India. Eurorepar’s launch came just days after German automotive supplier ZF opened India’s first ZF [pro]Tech plus workshop, indicating heightened interest in India’s vehicle servi...
US auto tariff implications for the automotive aftermarket
US President Donald Trump has announced a 25% tariff on all light-duty vehicles imported into the United States starting April 3, with collection of tariffs on automotive parts such as powertrain, engines and transmissions, suspension, and electrical components to begin on or before May 3. On April 9, 2025, President Trump put a 90-day pause on reciprocal tariffs that he had previously announced on April 2. Trump maintained the universal 10% tariff, which went into effect on April 3. For vehi...
Trump’s tariffs drive up auto steel and aluminum costs
New steel and aluminum tariffs, scheduled to take effect March 12, represent a significant shift in US trade policy. The tariffs were announced by President Trump on Feb. 10, and they expand the 2018 measures imposed under Section 232 aiming to protect domestic industries. However, the tariffs are expected to increase costs for the automotive sector, which would ultimately lead to higher consumer prices. Additionally, the potential for retaliatory trade actions introduces further uncertainty and...
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...

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