That’s what we gleaned from the 2016 Outlook Study which provides a comprehensive picture of the current aftermarket industry. It also indicates the forecasts and trends that will impact the future.
The key takeaways from the study are:
- The Canadian automotive aftermarket industry hit an all-time record of $21 billion in 2015!
- With a surge in new light vehicle sales, the industry has witnessed tremendous growth over the past two years.
- Employment in the aftermarket sector, as a whole, in 2015 is up 2.2 percent from 2014.
While the outlook for the aftermarket is positive, the study notes that ride sharing, alternative powertrains and other “disruptors” can have a substantial impact on the future the automobile industry. So watch out!
All in all, it’s an awesome tool for businesses involved in strategic planning and a great read for those trying to understand the industry better.
So AIA Canada members, grab your FREE copy now!
Click here to download the FREE Executive Summary.
Members: Download your FREE copy via login to your account.
Non-member price: $500
For more information, please contact Communications at:
180 Elgin Street, Suite 1400 Ottawa, ON K2P 2K3
1-800-808-2920, ext. 233