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...
Bosch launches Bluetooth-based tire pressure sensor
Bosch launched the first extremely compact microelectromechanical system (MEMS) sensor with an integrated Bluetooth low energy (BLE) interface for measuring tire pressure. Called the SMP290, the sensor is said to be crucial for vehicle safety and efficiency, helping to extend tire life, reduce fuel consumption and elevate overall vehicle safety. Tire pressure monitoring systems (TPMS) are legally required for passenger cars in regions such as Europe, the US and China. The SMP290 inc...
Australian Automotive Aftermarket Association launches national ADAS Industry Code of Conduct
The Australian Automotive Aftermarket Association (AAAA) has launched a new national ADAS Industry Code of Conduct to provide guidance for the automotive industry on the calibration of advanced driver assistance systems, a critical safety issue in vehicle repair. Developed by the Automotive Repairers Council of Australia (ARCA) and released at Autocare 2025, this is said to be the first code of its kind in the country. It aims to bring clarity and consistency to ADAS calibration practices acr...
Standard Motor Products opens new distribution center in Kansas
Standard Motor Products Inc. (SMP) inaugurated a new 575,000-square-foot national distribution center in Shawnee, Kansas, US, on June 17. The expansion adds over 200,000 square feet to SMP's distribution footprint, providing a centralized location for nationwide coverage, with the aim of reducing transportation lead time and enhancing service, the company said. The facility incorporates advanced logistics technology to improve distribution capabilities, addressing customers' growing f...
CanadaWheels' sister brand USAWheels launches in the US
USAWheels, an online retailer of wheels, tires and auto parts, and the US sister company of an automotive parts e-commerce platform, CanadaWheels, announced its official launch in the US. "Traditionally, the rim, tire and auto parts supply chain involved multiple layers — manufacturers, distributors, wholesalers, retailers — before reaching the customer. We've disrupted that model by going direct-to-consumer — giving shoppers more options, better prices and faster delivery, al...
Average age of vehicles in the US rises to 12.8 years in 2025
The average age of vehicles in the US continues to climb, reaching 12.8 years in 2025, according to new analysis from S&P Global Mobility. This marks the second consecutive year of a two-month increase in vehicle age, signaling broader changes in consumer purchasing behavior, economic conditions and the durability of modern vehicles. For the mobility and aftermarket sectors, this trend introduces both significant challenges and opportunities, reflecting key automotive industry trends.  ...
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...
UK’s reassessment of its ZEV mandate puts focus on service capability
The UK government in an April statement announced major changes to its zero-emission vehicle (ZEV) mandate to make it easier for the auto industry to upgrade to electric vehicles while confirming the 2030 phaseout date for purely internal combustion engine (ICE) cars. Sale of hybrids and ICE vans allowed until 2035 to ease transition While the 2030 phase-out date for new petrol and diesel cars does not change, the government announced several steps to enhance the mandate's flexibility for...
Average age of vehicles in the US rises to 12.8 years in 2025
The average age of vehicles in the US continues to climb, reaching 12.8 years in 2025, according to new analysis from S&P Global Mobility. This marks the second consecutive year of a two-month increase in vehicle age, signaling broader changes in consumer purchasing behavior, economic conditions and the durability of modern vehicles. For the mobility and aftermarket sectors, this trend introduces both significant challenges and opportunities, reflecting key automotive industry trends.  ...
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...

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