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...
American Axle reports Q2 2025 sales at $1.54 billion, down 5.5% YOY
American Axle & Manufacturing Holdings Inc. (AAM) reported its financial results for the second quarter of 2025 with sales at $1.54 billion, compared to $1.63 billion in the second quarter of 2024. Sales during the quarter were impacted by lower volume and mix, the company said.      AAM's net income in the second quarter of 2025 was $39.3 million, or $0.32 per share and 2.6% of sales, compared to net income of $18.2 million, or $0.15 per share and 1.1% of sales in the seco...
Australian aftermarket body calls for smarter reform as opposed to a ‘one-size-fits-all’ approach
The Australian Automotive Aftermarket Association (AAAA) has urged governments to reform standards in a manner that is locally relevant, cautioning against uniformly adopting international vehicle regulations, which could potentially harm safety, limit consumer choices and hinder innovation in Australia. In its response to the Australian Treasury's consultation on standard reforms, the AAAA backed greater harmonization between states and with trusted international benchmarks, but only where t...
CATL partners with Car Inc. for large-scale battery swapping in China
Chinese battery-maker Contemporary Amperex Technology Co. Ltd. (CATL), alongside its battery-swapping division, CAES, has entered into a partnership with Car Inc. and CMB Financial Leasing in Ningde, China, to implement large-scale battery swapping in the car rental sector. This collaboration aims to integrate energy replenishment, asset operation, financial support and car rental services to create a sustainable e-mobility ecosystem. Car Inc. plans to introduce CATL's Choco-Swap mode...
Holley Performance Brands says Q2 2025 sales at $166.7 million, down 1.7% YOY
Holley Performance Brands, a US-based company involved in automotive aftermarket performance solutions, has announced financial results for its second quarter ended June 29, 2025, reporting a net sales decrease by 1.7% year over year to $166.7 million, compared to $169.5 million last year. The company's net income declined to $10.9 million, or $0.09 per diluted share, compared to $17.1 million, or $0.14 per diluted share. Adjusted...
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...
India’s automotive aftermarket sales growth slows in FY 2025
India's automotive aftermarket turnover continued to grow during the fiscal year 2024–25, albeit at a slower pace, according to India’s apex automotive components body, the Automotive Component Manufacturers Association of India (ACMA). ACMA reported that India’s aftermarket turnover reached 999 billion Indian rupees (approximately $11.8 billion) for the fiscal year 2025 (April to March), registering a growth of 6.5% year over year, according to a press release dated July 8. Revenue sto...
Impact of ADAS on vehicle collision frequency, severity and calibration needs
Introduction Advanced driver assistance systems represent a significant leap in automotive technology. Their primary goal is to reduce on-road incidents caused by driver error, which can lead to accidents, injuries and fatalities. ADAS enhances vehicle safety and protects occupants by automating certain vehicle operations using a complex algorithm-driven network of key hardware components, including cameras, radio detection and ranging (RADAR) sensors, ultrasonic sensors and electronic con...
How ADAS is accelerating in the global vehicle fleet
Advanced driver assistance systems are rapidly transforming the global automotive landscape, offering a suite of technologies such as adaptive cruise control, lane keeping assistance, automatic emergency braking, and blind spot monitoring that enhance vehicle safety and driver convenience. A regulatory push, advancement in technology and a shift in consumer preferences are all contributing to the growing market acceptance of ADAS in new vehicles. ADAS penetration within the on-road vehicle fl...
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...

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