The goal is to understand the aftersales that contribute to the auto business and what auto aftercare service is the biggest contributor to the automotive industry.
Automotive Aftersales Contribution
In 2019, the automotive aftermarket size was valued at 378.4 billion USD globally.
A typical car on the road in the United States is currently at 11.5 years. This does not mean that consumers are not purchasing vehicles. In 2015, U.S car sales hit a record high selling 5.7% more cars than in the previous years.