Vehicle aftermarket sales grew 5%
United States motor vehicle aftermarket sales grew 5% last year to $267.6 billion, the largest increase in domestic vehicle aftermarket sales since 2000, according to the Automotive Aftermarket Industry Association (AAIA).
Industry growth was led by the medium and heavy-duty vehicle segment, which expanded 6.2% to $70.6 billion, according to the AAIA.
"The automotive light vehicle segment increased 4.6% to $197 billion."
"We're extremely pleased to see steady growth in aftermarket sales, while the new car dealerships' share continues to slide for the fifth consecutive year," said Kathleen Schmatz, AAIA president and CEO.