Tag Archive for: Analysis and Statistics
Average Age of Cars On The Road
Automotive Market ResearchHow old are cars on average? We get asked from time to time how old are cars and what's the average age of vehicles on the road? Let's dig in! Scroll down to see some original analysis you won't find anywhere else on the internet!
Number of Licensed Drivers in the US 2024
Automotive Market ResearchIn 2024, there are a projected 239.24 million licensed drivers in the US, which includes 91% of US residents of driving age. That’s up from 236.4 million in 2023.
What is “Aftermarket?” Is It A Unique Industry?
Auto Aftermarket News & Trends, Automotive Market ResearchWhat is the automotive aftermarket? It is unique among industries and we've compiled some compelling reasons to say that. In this article are some specific things that define the automotive aftermarket and what makes the aftermarket unique among industries in the world.
Digital Influence on Auto Parts, Accessories and Replacement Tires
Auto Aftermarket News & Trends, Automotive Market ResearchDigital influence on the automotive parts & accessories market will be at $177 billion in 2023 in the US. It's projected at $200 billion in 2026 and $217.8 billion by 2028.Note: scroll down to download a PDF of this article, no registration…
Auto Parts Industry Growth: eCommerce at $67 Billion by 2030
Auto Aftermarket News & Trends, Automotive Market ResearchAuto parts industry growth: 9% eCommerce growth rate through 2025 Compounded annual growth rate (CAGR) for parts eCommerce is projected just under 9% through 2025. Online revenue for automotive parts eCommerce revenue will reach $41 billion…
Jeep Demographics: Income, Age, Gender and More
Automotive Market ResearchWhat state has the most Jeep® vehicles? Why are Jeeps so popular? We'll kick off our Jeep demographics article with the states with the most Jeeps. Learn more about why are Jeeps so popular. The state with the most may surprise you. It's…
Auto Parts eCommerce Market Share At $16 Billion in 2020
Auto Aftermarket News & Trends, Automotive Market Research, Automotive Marketing Auto parts eCommerce market share: transformational shift in 2020-2021 Note: Here's a link to a more recent article on auto parts industry growth and eCommerce projections.Trends in online shopping: automotive parts eCommerce revenue…
Auto Parts Chains Staging a Retail Comeback
Auto Aftermarket News & Trends, Automotive Market ResearchThe top auto parts chain stores appear to be staging a retail comeback during the coronavirus pandemic. The data includes weekly credit card transactions from AutoZone (NYSE: AZO), Advance Auto Parts (NYSE: AAP), O'Reilly Automotive (NASDAQ: ORLY) and NAPA Auto Parts (NYSE: GPC). These auto parts chains act as a bellwether for DIY activity as well as retail, two important [read more] ...
Automotive Direct Mail Marketing, Other Tips to Drive Shop Traffic
Automotive MarketingAutomotive direct mail marketing ideas Automotive direct mail marketing is one way to bring traffic into your parts store. Here are some auto shop direct mail ideas to use. These ideas apply to auto repair shops and automobile dealerships,…
Tesla Model 3 Demographics: Income, Age, Gender and More
Automotive Market ResearchDemographics of Tesla Model 3 owners: average income Let's start our Tesla Model 3 demographics analysis with average household income. In 2022 a Tesla Model 3 owner has household income of $133,879 per year, up from $128,140 per year four…
New BMW Owner Demographics: Who Drives a BMW Anyway?
Automotive Market ResearchWe compare demographics of BMW owners including home ownership, household income, gender, presence of children in the home, and more. Learn who's buying new BMWs and compare the national...
Auto Parts Industry Analysis: Online Market At $12 Billion in 2019
Auto Aftermarket News & Trends, Automotive Market Research, Automotive MarketingHighlights from our annual auto parts industry analysis (NOTE: this article is from January, 2019. For a more current forecast click here.)• Online auto parts market will pass $12B in 2019 in the US; Projected at $19B by 2022. • North…