Auto parts sales and recessions, with analysis, trends and economic news. Includes the Great Recession December 2007-June 2009 and Cash for Clunkers

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size of automotive industry

Auto Parts Marketing: Online Parts Sales to Reach $7.4 Billion in 2016

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Note: this article is from January 2016. For an updated forecast, click here for a more current article. How big is the automotive aftermarket industry? Ecommerce auto parts sales will narrow the gap with traditional brick and mortar retail…
retail sales and personal income

November 2012: Monthly Vehicle Sales vs Consumer Confidence

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New automotive industry statistics: After a somewhat slow October 2012, the auto industry saw an increase in light vehicle sales for November 2012. October brought somewhat sluggish auto sales, yielding a Seasonally Adjusted Annual Rate (SAAR)…

September Slowdown for Auto Parts Retail Sales

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Retail sales through auto parts stores were down again compared to one year ago. September sales were down 4% from September 2011, following a 1% decline in August. Auto parts retail sales for the first half of 2012 posted better than a 5%…
SAAR and consumer confidence

Why New Car Auto Sales Are Rising

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With monthly auto sales rising here are reasons for the continuing increase in automobile and light truck sales in the face of a weak economy. The auto industry tracks monthly unit sales as a seasonally adjusted annual rate (SAAR) figure,…

A Sign Auto Parts Retail Sales Are Slowing?

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Today's trend is a little concerning: the growth in auto parts sales is slowing down compared to the first half of 2012. This is important to watch as you plan your company's automotive aftermarket forecast for 2013. Auto parts trends 2012 Retail…

Trend 19: Auto Sales Rise in August and September

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The US automotive industry has always played a large part in the economy, and the same industry that once needed a taxpayer bailout to stay alive may be the one to stave off another recession. Over the past two years, Ford Motor Co., General…

Retail Auto Parts Sales Outlook for 2012

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Welcome back to our blog! Today we'll look at auto aftermarket Trend 25: Our outlook for retail auto parts and accessories sales for 2012 and two important industry trends you should know: Auto parts trends 2012 1). January-June 2012 showed…
retail sales and personal income

Trend 49: The Economy And Auto Parts Sales: Personal Income

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Retail sales of auto parts and accessories are influenced by many things in the economy. One component of our sales forecasting model at Hedges & Company is personal income, so for today's trend we look at how that affects retail sales…
retail sales and personal income

Americans Spend More Income on Auto Parts, Reversing Long-Term Trend

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A bit of good news to add to our post last month that sales of auto parts for 2011 will show an increase over 2010: Our market research shows the amount of auto parts purchased as a percentage of personal income has reversed a downward trend…
retail sales and personal income

How will 2011 be for the Automotive Aftermarket Industry?

Happy New Year for the automotive aftermarket industry! Following up on our popular blog post "What If You Invested $1,000 in Automotive Aftermarket Companies" the Hedges & Company Automotive Aftermarket Index finished 2010 with a 48% gain.…
retail sales and personal income

Auto Aftermarket is a Bright Spot In A Cloudy Economy

While economists report that the U.S. economy is "bumping along the bottom," the Hedges & Company Aftermarket Stock Index continues its climb that started in March 2009. That's right, March 2009, three months before the "Great Recession"…
retail sales and personal income

Why Was This Recession Different? It Was the Double-Dip In Auto Parts Sales

When looking at the auto parts retail segment of the economy, the Great Recession not only lasted longer than previous recessions, but our market research shows auto parts retail sales also had a double-dip. For all the talk in the news media…