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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.​

The Feed tracker search engine enables users to personalize AftermarketInsight News & Insights, by customizing content to suit personal interests.

Main content includes:

  • Daily news articles 
  • Monthly insight articles 
  • Quarterly webinars 

Latest assets for News & Insights

AAPEX 2023: Schaeffler showcases repair solutions, future technologies
Schaeffler has announced that it is hosting customers and industry partners at the ongoing 2023 Automotive Aftermarket Product Expo (AAPEX) in Las Vegas, showcasing products and service solutions that enhance a vehicle’s life cycle, as well as technologies that support the transition to electric mobility, according to a note dated Oct. 31 by AAPEX. The event is being held from Oct. 31–Nov. 2 at The Venetian Expo in Las Vegas. The company said that over the past few years, it has extensive...
News
SunCar reports H1 2023 after-sales revenue at $98.8M, up 10% YOY
SunCar Technology Group Inc. (SunCar), a provider of digitalized enterprise automotive aftersales services and an online auto insurance intermediation service in China, has announced that its revenue from automotive after-sales service in the six months ended June 2023 increased by 10% to $98.8 million from $89.9 million in the same period ended June 30, 2022, according to a press release dated September 28. The announcement was part of its financial results reported for the six months ended Jun...
News
US paints-maker PPG launches products for automotive repair shops
US-based paints, coatings and specialty-materials manufacturer PPG announced the introduction of the PPG Linq Color software and the PPG Magicbox body shop assistant for smarter wireless mixing in automotive repair shops, according to a press release dated August 30. The tools are the latest components of the PPG Linq end-to-end digital solution for the global refinish industry that provide productivity and sustainability improvement for body shops, the release added. The PPG Magicbox smart d...
News
UK’s BM Catalysts says new regulation to drive diesel particulate filters demand
UK-based manufacturer of aftermarket emissions products, BM Catalysts, announced that the new diesel legislation rolled out across Europe is resulting in significant market growth for replacement diesel particulate filters (DPFs). In a press release dated July 17, the company said it continues to invest in the upcoming technology and expand its product range to meet the increasing market demand for DPFs. Belgium, the Netherlands, Switzerland, and most recently, Germany, have now implemen...
News
TMD Friction confirms successful acquisition by Aequita
In a press release announcement on Dec. 5, TMD Friction, a specialist for high-quality brake friction solutions for the automotive and brake industry, has confirmed the successful completion of its acquisition by Aequita, a privately-owned industrial group based in Munich, focused on the acquisition and long-term value enhancement of companies. The company said that the transaction has closed successfully after receiving the required regulatory clearances and approvals from all relevant autho...
News
New vice president of North America Commercial business appointed at Goodyear
The Goodyear Tire & Rubber Co. has appointed Joe Burke as its new vice president of North America Commercial business, according to a press release dated Nov. 30. Burke, who reports to Steve McClellan, president of Goodyear Americas, brings a wealth of experience in the commercial tire and service industry, having previously led commercial sales and original equipment account teams at Goodyear. Significance: Burke succeeds Dave Beasley, who decided to retire after nearly 40 years with ...
News
Epicor unveils solutions for automotive parts distributors and repair shops
Epicor, a US-based provider of industry-specific enterprise software, has introduced two innovative solutions to help automotive replacement parts distributors and vehicle service repair businesses make data-driven decisions, according to a press release dated Nov. 1. The new solutions, Epicor Predictive Inventory Assistant (PIA) and Predictive Maintenance Assistant (PMA), leverage the company's powerful aftermarket product content engine and connected data network to provide real-time insigh...
News
Transtar forms NexaMotion Group to combine automotive aftermarket businesses
US-based Transtar Holding Co. has announced the formation of NexaMotion Group, according to a press release dated Dec. 1. The new company will encompass the automotive aftermarket businesses that serve automotive professionals through distribution and e-commerce solutions. The group will include Transtar Industries, Transend, C&M Auto Parts, King-O-Matic, TransMart, Recon and Pro-King Automotive Products, the company said. Significance: According to the company, Neil Sethi, presid...
News
Interview: ITT Inc. on growth strategy amid electrification transition
For automotive players, planning for the transition to electrification is complex. First, they must retain a grip on their market share by developing solutions for electric vehicle applications and yet, they must continue to innovate with combustion vehicle components as many vehicles in the fleet will continue to have an internal combustion engine (ICE) after 2035. The Motion Technologies Value Center of US-based ITT Inc., a manufacturer of critical components for the transportation, indust...
Insights
Auto Safety Systems - Calibration challenges and opportunities
With the average age of vehicles on US roads at 12.5 years, new-car shoppers returning to the market may be unfamiliar with some of the advanced driver assistance systems (ADAS) applications now available. And even though many owners of newer cars have driven ADAS-equipped vehicles for several years, they may not have needed a repair or performed a modification that impacted those features or sensors. ADAS are an important development in vehicle safety — especially as consumer demand and im...
Insights
Analysis: Average age of light vehicles in the US hits record high 12.5 years
With more than 284 million vehicles in operation (VIO) on U.S. roads, the average age of cars and light trucks in the US has risen again this year to a new record of 12.5 years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. The growth is in line with the firm's prediction from last year that constrained new vehicle sales would continue to impact and put upward pressure on the average age. In addition, the continued rise of light trucks/uti...
Insights
Interview: ITT Inc. on growth strategy amid electrification transition
For automotive players, planning for the transition to electrification is complex. First, they must retain a grip on their market share by developing solutions for electric vehicle applications and yet, they must continue to innovate with combustion vehicle components as many vehicles in the fleet will continue to have an internal combustion engine (ICE) after 2035. The Motion Technologies Value Center of US-based ITT Inc., a manufacturer of critical components for the transportation, indust...
Insights
What opportunities do advanced driver assistance systems bring to the US aftermarket?
The innovations in automotive technology have led to the proliferation of an array of automated driver assist systems (ADAS) in the United States to compensate for driver inattention, which is helping to reduce crashes, injuries and deaths. ADAS includes features such as adaptive cruise control (ACC), lane departure warning (LDW), automatic emergency braking (AEB) and more, which are becoming increasingly common in modern vehicles. The proliferation of this technology will create several opportu...
Insights
Schaeffler eyes broader aftermarket play in its bid for Vitesco
German automotive supplier Schaeffler AG announced on October 9 its bid to take over electric mobility and powertrain components supplier Vitesco Technologies in a move to strengthen its position in the electric vehicle supply chain. The Schaeffler family, which owns 75% of Schaeffler AG, already own 49.9% of shares in Vitesco and 46% of German automotive supplier Continental. Announcing the move, Schaeffler AG said it is offering €91 per share to Vitesco shareholders, reportedly valuing the c...
Insights
Germany: Decarbonizing the country’s on-road fleet is key to net-zero 2045 target
At the Davos 2023 earlier this year, German Chancellor Olaf Scholz made a prediction that by 2045, Germany would be “one of the world’s first climate-neutral industrial nations,” its sourcing of energy supplies would be “almost exclusively from green electricity, heat and hydrogen” and its roads will be “emission-free.”  In 2021, Germany set out the national goal of achieving climate neutrality by 2045, five years earlier than the previous target of 2050. On the way to the ...
Insights

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