Summary: The Mexican auto aftermarket is estimated to be more than US$4.6 billion in 2019 and is expected to grow at a rate of between 5% and 6% over the next few years. There are approximately 49 million vehicles in operation (VIO) in Mexico in 2019, making it the 11th largest national fleet in the…
Total US automotive aftermarket size The US light-duty automotive aftermarket is a $281 billion industry (2020) with a compound annual growth rate of about 3% projected through 2023. Light-duty is a subset of the entire aftermarket.* The entire US aftermarket, including light, medium and heavy-duty vehicles, is projected at $380 billion in 2020 and is…