Auto Care Insider Volume 108 - 16

The auto care industry is seeing an opportunity for continued growth: with two-thirds of American drivers saying they will drive
their vehicles until the day they quit, in combination with an increase in the amount of light vehicles averaging 16-or-moreyears on the road, this means more opportunities for the auto care industry to gain new customers and to increase sales.

2∕ 3

10.4%

of people will drive
their vehicle until
the day it quits.

V I O

Source: AutoMD

16+
YEAR OLD
VEHICLES

2002

Source: IHS Markit

81M

62M

35M

VIO will increase
by 10.4% by 2021.

2016

20 million vehicles
will be 25 years
or older by 2021.

2021

Source: IHS Markit

But it's not only about the U.S. market. We are a $740B global industry, buying and selling parts across borders every single day.

How your association is going
beyond borders to facilitate growth
opportunities for your business:
The Auto Care Association, in partnership with the
U.S. Department of Commerce, through the Market
Development Cooperator Program (MDCP) award, is
helping the automotive industry increase exports to free
trade agreement partners in Central and South America
through trade missions. We've also partnered with
associations in Canada, Mexico, Europe and Australia to
break down barriers in emerging markets.

Along with the expansion of the auto care industry taking place today, the rapid rise of technology in the automotive industry
is accelerating the evolution of our own industry through vehicle telematics and new developments in technology standards.

How your association is helping to evolve technology usage and make businesses more efficient:
The newly-branded Vehicle Information Portal (VIP) now
includes the most comprehensive, high-quality data for the
U.S., Canada and Mexico. Utilization of these technology
standards and best practices allows our industry to pool
resources and leverage economies of scale.

AUTO CARE INSIDER | VOL. 108

144,239
vehicle applications

with 1,822,480 vehicle system configurations

http://www.autocare.org/stateofautocare2018

Table of Contents for the Digital Edition of Auto Care Insider Volume 108