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 aftermarket size The US automotive aftermarket is a $281 billion industry (2020) with a compound annual growth rate of about 3% projected through 2023.* The entire US aftermarket, including medium and heavy-duty vehicles, is projected at $380 billion in 2020 and is projected to reach $449 billion in 2023.* It includes 535,000 individual…