AAIA tells you what will happen in 2011 and beyond
"Since the official end of the recession in 2009, consumer confidence and spending have been increasing, according to the Automotive Aftermarket Industry Association (AAIA). "But working against these positive developments are rising fuel costs and a dramatic rebound in new vehicle sales."
The AAIA analyzes the effects of these trends in its "Digital Aftermarket Factbook 2012" and "Digital Aftermarket Factbook & Lang Annual 2012."
The positive and negative impacts, along with further details and predictions, are featuerd in the extended IHS Global Insight Industry Forecast through 2014 section.
Positive reported impacts include:
* Nominal GDP growth should average over 4.6% annually from 2011 through 2013.
* Unemployment will decline steadily from the 9.6% in Q4 2010 to 7.4% by Q4 2013.
Negative reported impacts include:
* Increasing energy costs are helping to constrain disposable income growth, with average gas prices expected to rise over 8% in 2011 compared to 2010.
* Light vehicle sales should approach pre-recession levels of near 16 million units by 2013.
AAIA members receive a complimentary copy of the "AAIA Digital Aftermarket Factbook 2012" as a member benefit, with three guest passes included. Additional copies may be purchased for $200. The non-member price is $500.
The "AAIA Digital Aftermarket Factbook & Lang Annual 2012" is available for $650 to AAIA members and $1,300 for non-members.
To order any of these digital publications, contact member services at (301) 654-6664 or visit www.aftermarket.org and click “Market Intelligence,” then click on the link for a full listing of market research products.