U.S. MOTOR VEHICLE AUTO CARE INDUSTRY The U. S. Motor Vehicle Aftermarket, consisting of Light Vehicles, Medium and Heavy Duty trucks, will also be referred to in this report as the Auto Care Industry. This, a $328.2 billion industry in 2014, is expected to grow at a compounded annual growth rate of 3.6 percent per year and reach almost $380 billion in 2018. It is expected this growth will be fueled by the increasing average age of vehicles and more specifically the growth of vehicle population in the 11 year and older category. Motorists recognize that vehicles are engineered to last longer and are therefore demonstrating a willingness to take advantage of the favorable economies of vehicle maintenance and repair vs. the cost of purchasing new vehicles. This new 2016 Digital Factbook from the Auto Care Association is designed to help our readers navigate the complexities of the Auto Care Industry. Size of the U .S . Motor Vehicle Auto Care Industry (Billions of Consumer Dollars) Automotive Medium and Heavy Duty Total Auto Care Industry 2007 (Census) $207.9 $68.8 $276.7 2008# $208.5 $69.0 $277.5 0.3% 2009# $205.7 $68.0 $273.7 -1.4% 2010# $213.3 $70.6 $283.9 3.7% 2011# $223.4 $73.9 $297.3 4.7% 2012# CAGR '07-12 $231.2 2.1% $76.5 2.1% $307.7 2.1% 3.5% 2013# $238.4 $78.8 $317.2 3.1% 2014# $246.7 $81.5 $328.2 3.5% 2015# $256.2 $84.7 $340.9 3.9% 2016* $267.5 $88.4 $355.9 4.4% 2017* $275.6 $91.1 $366.7 3.0% 2018* CAGR '13-18* $284.3 3.6% $94.0 3.6% $378.3 3.6% 3.2% Year Yr ./Yr . % Change Notes: # Estimate * Forecast Historical data have been revised. Figures do not include warranty work. Source: Auto Care Association / AASA Channel Forecast Model Growth Rate of the U .S . Motor Vehicle Auto Care Industry (Percent Change from Previous Year) 6% 4.7% 5% 3.7% 4% 4.4% 3.5% 3.5% 3.9% 3.0% 3.1% 3% 3.2% 2017* 2018* 2% 1% 0.3% 0% -1% -2% Note: 16 -1.4% 2007 Census # Estimate 2008 2009 * Forecast 2016 Digital Auto Care Factbook Copyright © 2015 Auto Care Association 2010 2011 2012 2013# 2014* 2015* Source: Auto Care Association / AASA Channel Forecast Model 2016*