Section VI - Service Market Outlet Performance FOREIGN SPECIALISTS: SERVICE (DIFM) MARKET Foreign Specialists perform a wide range of repairs within a certain segment of the car and light truck population: Foreign nameplate vehicles (imports and transplants). billion in 2005 Service product market volume to $7.1 billion during 2014 at user-price. Foreign Specialists installed $7.5 billion in 2015 Service market products. Many Foreign Specialists concentrate on certain makes of Foreign cars and light trucks; while others specialize in Foreign nameplates from select countries. STRONGEST PRODUCT GROWTH RATE Foreign Specialists averaged the fastest light vehicle annual product growth rate among Service outlets, with a 6.0% annual product gain at userprice in current dollars between 2005 and 2015. SERVICE MARKET SHARE DRIVE Foreign Specialists are expanding their total Service market car and light truck product share by securing a larger portion of the fast-growing Foreign vehicle Service market. Foreign Specialists soared from 6.3% of 2005 light vehicle Service market product sales to 8.8% of the 2014 market. By 2015, Foreign Specialists claimed 8.9% Service market product share, up more than 41% in share strength over 2005. Foreign Specialists continue to increase their aftermarket product sales, climbing from $4.2 FOREIGN SPECIALISTS SERVICE MARKET 2005 2012 2013 2014 2015 Product Volume....................$4.2.................$6.3.................$6.6................ $7.1................. $7.5 Product Share.......................6.3%................8.3%................8.5%............... 8.8%................ 8.9% Service Market Rank..............5......................5......................5..................... 5...................... 5 Outlet Product Share at Mid-Year Volume in $ Billions at User-Price © 2016 by Lang Marketing Resources, Inc. 75 www.langmarketing.comhttp://www.langmarketing.com