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...
ZC Rubber expands on its strategy for Europe at dealer conference in Madrid
Zhongce Rubber Group (ZC Rubber), a mainland China-based tire manufacturer, announced that it successfully hosted the 2025 WESTLAKE TBR Dealer Conference in Madrid, gathering strategic partners from across Europe, including tire wholesalers, service providers and major fleet operators such as DSV. The conference outlined the company's long-term vision for the European market, emphasizing fleet services as a core driver of growth. Since WESTLAKE TYRE's entry into the European market in 2014, t...
Automechanika Shanghai 2025 to see participation from over 7,000 exhibitors
The Automechanika Shanghai 2025 will take place from Nov. 26 to 29 at the National Exhibition and Convention Center, Shanghai. With over 7,000 exhibitors expected across 383,000 square meters, the event will cover the entire automotive value chain. Automechanika Shanghai 2025 is organized by Messe Frankfurt (Shanghai) Co. Ltd. and the China National Machinery Industry International Co. Ltd. (Sinomachint). In a statement, Fiona Chiew, general manager of Messe Frankfurt (HK) Ltd., hig...
Henkel expands South Dakota facility to boost EV and electronics production
Henkel Adhesive Technologies has expanded its manufacturing facility in Brandon, South Dakota, to better serve the electric vehicle and electronics industries. With an investment of approximately $30 million, the site has been enlarged from 35,000 to 70,000 square feet, enhancing its position as Henkel's North American hub for thermal management and adhesive solutions. The expansion supports increased production of thermal management materials essential for the EV and electronics markets.  ...
Bosch Diagnostics releases major updates for ADS X scan tools with enhanced features
Bosch Diagnostics announced that it has released software updates 6.11 and 6.12 for its Bosch ADS X series scan tools, expanding coverage to include the first 2026 model year vehicles, along with additional 2024 and 2025 models from popular original equipment manufacturers. The updates introduce nearly 6,000 new special tests and 450 system applications, and enhance advanced driver assistance systems calibration capabilities. The new ADS X software updates feature VAG SFD support for 2023â...
How Denmark’s Tjekvik is digitalizing dealership aftersales
As the automotive industry shifts toward a more digital framework, the vehicle repair sector is similarly adopting digital solutions. Vehicle owners are growing accustomed to personalized and seamless experiences from industries less complex than automotive repair. So, it comes as no surprise that they are expecting smoother service at auto dealerships. According to Tjekvik, a Danish provider of digital self-service technology for automotive aftersales, customers anticipate quick vehicle drop...
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...
Italy’s aftermarket shows signs of a slowdown amid structural changes
The combination of inflation and uncertainty in the economy may have led Italian motorists, who are driving an increasingly older car fleet, to delay the maintenance and repair of their cars. The market had begun showing signs of a slowdown in 2024. The turnover for the full year 2024 grew at 2.4% compared to 11.6% in 2023. Growth was 8% in 2022 and 22% in 2021, following a 14% decline in the COVID-affected 2020. ANFIA observed that four out of the five product families that form a part of th...
India's vehicle scrappage policy: key insights for 2025
New Delhi air quality is among the worst of all global capitals. As the country struggles with pollution, India’s vehicle scrappage policy has come under renewed attention. Launched in 2021 as the Voluntary Vehicle-Fleet Modernization Program (V-VMP), the government policy aims to phase out unfit, polluting vehicles and promote cleaner, safer alternatives, transforming the automotive industry in India. Although implementation has been uneven—as seen when the Delhi government paused a p...
How Denmark’s Tjekvik is digitalizing dealership aftersales
As the automotive industry shifts toward a more digital framework, the vehicle repair sector is similarly adopting digital solutions. Vehicle owners are growing accustomed to personalized and seamless experiences from industries less complex than automotive repair. So, it comes as no surprise that they are expecting smoother service at auto dealerships. According to Tjekvik, a Danish provider of digital self-service technology for automotive aftersales, customers anticipate quick vehicle drop...
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...

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