AASA partners with IHS-Polk to produce the 2015 Joint Channel Forecast Model

The Automotive Aftermarket Suppliers Association (AASA), the voice of the aftermarket supplier,has partnered with IHS-Polk to produce the 2015 “Joint Channel Forecast Model”.

Motor Age Wire Reports

May 1, 2015

The Automotive Aftermarket Suppliers Association (AASA) has partnered with IHS-Polk to produce the 2015 “Joint Channel Forecast Model”.

This collaboration is a joint effort to produce a single industry view of the size, growth rate and outlook for the automotive aftermarket.

By taking a broad view of the aftermarket, the “Joint Channel Forecast Model” captures the full impact of diverse parts and pieces of the aftermarket.

Please click here to access the report.

Report highlights include:

Automotive aftermarket is expected to grow at a compound annual growth rate of 3.6% until 2018.

The automotive aftermarket is expected to increase 37.6 billion dollars from 246.7 billion in 2014 to 284.3 billion in 2018.

Price is expected to account for approximately 80% of the average annual growth in 2015 -2018.

AASA along with IHS-Polk will also be hosting a webinar on May 15th from 10:30 AM to 11:30 AM to detail the forecast and its methodology. You can register by clicking here.