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 $296 billion industry (2018) with a compound annual growth rate of 3.4% projected through 2021.* The entire aftermarket, including medium and heavy-duty vehicles, is projected at $392 billion in 2018 and is projected to reach $433 billion in 2021.* It includes 535,000 individual businesses consisting…