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

Pirelli launches revamped B2B tire sales platform for dealers
Italian tire manufacturer Pirelli announced via press release on 27 January that it has entirely revamped TyreClub+, its B2B tire sales platform that was first launched 10 years ago, to offer tire dealers a better digital experience. The site is said to include plenty of new functionality such as real-time monitoring of deliveries, more straightforward order management, access to data and statistics, and all the latest news from Pirelli, the release added. The company said its latest version ...
Automechanika Shanghai 2023 to be held from 15 - 18 February
The Automechanika Shanghai 2023 will be held from 15–18 February at the Shenzhen World Exhibition & Convention Center in mainland China, according to a press release dated 29 December by the trade event organizers Messe Frankfurt (Shanghai). In November, the organizers had announced that they are putting the show, originally scheduled from 20 to 23 December 2022, on pause “while prevention measures related to the pandemic consolidate across the country”. The organizers now believe t...
Automechanika Dubai 2022: Trade show sees enhanced focus on the African market
Automechanika Dubai, touted as the Middle East’s largest international trade exhibition for the automotive aftermarket, and which was held at Dubai World Trade Centre during 22–24 November, saw focus shifting on the last day toward the African market with AfriConnections, a dedicated conference stream and networking area aimed at uniting businesses and dealers from Africa, according to a press release dated 24 November. According to a recent report commissioned for Automechanika Duba...
Tenneco's Aftermarket & OES revenue stood at USD1,046 million in Q3 FY 2022
US-based automotive components and systems supplier, Tenneco, has announced results for the third quarter ended 30 September 2022, via a press release dated 31 October.  Company's total revenue stood at USD4.9 billion in the third quarter of 2022 as compared to USD4.3 billion in third quarter of 2021, up 14% year-over-year. EBIT was USD129 million in the third quarter of 2022 as compared with EBIT of USD125 million in the third quarter of 2021. Adj...
Aftermarket supplier Holley’s CEO Tom Tomlinson retires
Holley Inc., a US-based manufacturer of high-performance aftermarket products for car and truck enthusiasts, announced that Tom Tomlinson will retire as president and CEO and resign from the Board, according to a press release dated 6 February. The Board has appointed current director, Michelle Gloeckler, as interim president and CEO while it conducts a comprehensive search process to identify a permanent CEO, the release added. Gloeckler has been a member of the Board since July 2021 an...
US-based Fisher Auto Parts acquires Market Street Auto Parts
US-based Fisher Auto Parts has announced that it has acquired Market Street Auto Parts LLC, according to a press release dated 7 February. Founded in 1929, Fisher Auto Parts is said to have approximately 500 company-owned locations and over 100 independent distributors across 18 states. Market Street Auto Parts, a supplier to professional parts installers as well as retail and do-it-yourself customers, has been operating in the North Lebanon County in Pennsylvania for over 16 years, according...
AutoParts4Less.com says it achieved record sales in January 2023
US-based Auto Parts 4Less Group has announced that AutoParts4Less.com, its multiseller marketplace of automotive parts in the US, has set a Gross Merchandise Value (GMV) sales record for the month of January 2023, surpassing the total of all GMV sales in the previous months, according to a press release dated 6 February. The company did not mention the record figure in its official announcement. The company had announced the launch of what it called the industry's first pure-play automotive p...
Nexus Automotive appoints workshops network development expert
Nexus Automotive International, a Geneva-based alliance of independent car parts distributors, has announced that Freek Blekxtoon, CEO of NEXUS Automotive Netherlands is joining NEXUS Automotive International as NEXUS Workshops Network Development Expert in the Garage Service & Concept department, according to a press release dated 7 February. He has been and associated with the AllPart wholesale network for 20 years. Blekxtoon will take up his appointment from April 2023. In th...
What digitalization means for the automotive aftermarket
Digitalization has had a significant impact on the automotive aftermarket, including new business models, new digital services, and better access to information. The easier access to the internet has allowed consumers to make more informed decisions about vehicle repair and leverage data for predictive maintenance solutions. As for workshops, the greater internet penetration is enabling online ordering of spares and allowing vehicle diagnosis and repair through augmented reality. Aftermarket sup...
Analysis: BorgWarner spins off fuel systems, aftermarket businesses to sharpen EV focus
In an attempt to sharpen its focus on electric vehicle (EV) technologies while accelerating growth under the “Charging Forward” strategy, the Michigan-based automotive component supplier BorgWarner Inc. said on 6 December 2022 that it plans to spin off its fuel systems and aftermarket businesses into a separate, publicly traded company (NewCo). The announcement comes amid the ongoing global shift to EVs as both automakers and component suppliers transition supply chains and their respecti...
Will the 2050 target of net zero accelerate vehicle scrappage in the US?
Ever since his first days in office, US President Joe Biden and his administration have proposed a sweeping climate agenda, including investments in clean energy and electric vehicles (EVs), to address the climate crisis and increase energy security in the US and around the world. The administration aims to deliver policies to accelerate deployment of zero-emission vehicles and charging infrastructure but is aware that several challenges and barriers, such as high costs for electric technologies...
France's vehicle scrappage program and its impact on VIO
The French government is determined to speed up the improvement of air quality and decarbonize urban mobility. France was one of the first to adopt the target of phasing out the sale of new light-duty vehicles that use fossil fuels by 2040, and the country wants to accelerate the conversion of the car population to electric, hydrogen, and hybrid with an aim to achieve carbon neutrality by 2050. In 2021, the French parliament adopted a law that includes measures such as ending sales of new passen...

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