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The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.
Advance stock declined throughout 2016 and 2017, but in 2018 Advance was the #4 top performing stock of the S&P 500 [20] outperforming the aftermarket automotive parts industry by more than 30 percent. [21] In November 2018, Advance Auto Parts announced the relocation of its headquarters from Roanoke, Virginia to Raleigh, North Carolina.
The Automotive Aftermarket Suppliers Association (AASA) is the light vehicle aftermarket division of MEMA. AASA exclusively serves manufacturers of aftermarket components, tools and equipment, and related products, an important part of the automotive parts manufacturing industry which supports 871,000 American jobs.
Dorman Products. Exterior photo of Dorman Products headquarters in Colmar, Pennsylvania. Dorman Products, Inc. is a manufacturer of aftermarket automotive products in the United States. The company was founded in 1918. [1][2] The company trades on the NASDAQ under the ticker DORM. [3] The company is headquartered in Colmar, Pennsylvania.
General Motors was the first company in the industry to begin franchising in 1893. In 1909, Western Auto became the first retailer of aftermarket automotive parts in the United States. [5] In 1928, Genuine Parts Company as a distributor of automotive replacement parts, industrial parts and consumer supplies. Its largest component is NAPA Auto ...
The German magazine Automobil Industrie publishes a yearly list of the largest automotive suppliers in the world by revenue. [1] For companies that are not pure automotive suppliers, only the automotive supplier divisions are taken into account.
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