Summary: The Mexican auto aftermarket is estimated to be more than US$4 billion in 2016 and is expected to grow at a rate of between 5% and 6% over the next few years. There are approximately 30 million vehicles in operation (VIO) in Mexico, making it the 11th largest national fleet in the world. The…
Total U.S. aftermarket size The U.S. automotive aftermarket is a $287 billion industry (2017) with a compound annual growth rate of 3.6% projected through 2020. The entire aftermarket, including medium and heavy-duty vehicles, is projected at $381 billion in 2017 and is projected to reach $421.2 billion in 2020.* It includes 535,000 individual businesses consisting…