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

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...
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...
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 ...
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...
Motorcar Parts of America says Q3 FY 2025 sales at $186.2 million, up 8.3% YOY
Motorcar Parts of America (MPA), a US-based remanufacturer, manufacturer and distributor of automotive aftermarket parts, has reported an increase in net sales for the fiscal second quarter of 8.3% to $186.2 million from $171.9 million in the prior year. Gross profit for the quarter increased 49.4% to a record $44.9 million from $30.0 million a year earlier. Gross margin was 24.1% compared with 17.5% a year earlier. Additionally, the company achieved a net income of $...
Starfire Lubricants expands team with strategic hires
Starfire Lubricants, a US-based premium lubrication solutions provider, has expanded its team by hiring Brian Hayes as sales manager and Pat McLaughlin for retail market expansion. Together, they bring a combined 54 years of experience, industry leadership and a proven record of success to Starfire as the company continues to expand its footprint and innovate in the lubricant industry, according to the company release.  Hayes joins as a sales manager with over 20 year...
Daimler Truck partners with Spryker to enhance its B2B spare parts marketplace
Spryker, a commerce platform catering to business-to-business commerce, enterprise marketplaces and internet of things commerce, has partnered with Daimler Truck, the world's largest commercial vehicle manufacturer, to revolutionize the B2B spare parts webshop experience for customers in Europe. The collaboration aims to streamline the spare parts purchasing process, making it faster, more accessible and convenient, thereby addressing the costly downtime associated with unexpected repair...
Valeo launches Reman Partner Program for distributors
Valeo has launched its Valeo Reman Partner Program in January 2025, marking a significant step toward strengthening its partnerships with distributors. The company said this initiative is not just a loyalty program but a comprehensive approach to recognizing and supporting the contributions of its partners. Offering exclusive bonuses, tailored services, benefits such as exclusive events, and enhanced collaboration opportunities, the program is designed to help partners amplify their busi...
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...
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...
How solar car parks are becoming hot property: Interview with 3ti
Solar car parks are gaining popularity as they provide power generation and protection for vehicles. Demand for these car parks, often located near hospitals, shopping centers and offices, has grown in the UK. Businesses are increasingly adopting on-site renewable energy solutions to reduce electricity costs, making solar car parks an attractive option. To gain more insights into this trend, we interviewed Mark Potter, chief technical officer of 3ti. Key takeaways: 3ti’s mini pop-up s...
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...
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...
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...
Electrification of European vehicles in operation and its impact on the aftermarket
The European Union has set a target to achieve net-zero emissions by 2050. It hopes to meet its targets with the widespread use of electric vehicles, as road transport accounts for nearly a quarter of its emissions. The EU wants at least 30 million zero-emission cars on European roads by 2030, or about 9% of the current car fleet. Share of EVs in the on-road fleet While the overall sales growth in EVs has slowed in the EU, especially in its largest market Germany with the phasing out of go...

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