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The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer. The parts ...
Aftermarket in economic literature refers to a secondary market for the goods and services that are complementary or related to the primary market goods, also known as original equipment). [ 1 ] [ 2 ] [ 3 ] In many industries, the primary market consists of durable goods , whereas the aftermarket consists of consumable or non-durable products ...
Aftermarket may refer to: Aftermarket (merchandise) , any market where customers who buy one product or service are likely to buy a related, follow-on product Automotive aftermarket , the addition of non-factory parts, accessories and upgrades to a motor vehicle also to include removal of parts after vehicle is placed on market
[1] [7] [8] When newer cars are more expensive or there are supply chain issues, consumers are more likely to keep and repair their existing cars, or purchase older used cars that require more regular repairs. [1] The average age of vehicles in the United States increased from the 6.5 years in 1980, to 8.5 years in 2000. [5]
Versions of the bill generally have been supported by independent repair and after-market associations and generally opposed by auto manufacturers and dealerships. It was first considered at the federal level in 2001, but no provisions were adopted until the Massachusetts legislature enacted Right to Repair bill H. 4362 on July 31, 2012.
Let's look at what the rising costs of car ownership mean for your bank account -- and see how you can find the best deals on auto insurance and auto loans in 2025. Why cars are so expensive now.
The terms "tuning" and "tuner car" began to rise in popularity in the United States in the 1980s and 1990s to refer to the rise of people modifying foreign cars, typically Japanese cars. This was contrasted against the previously predominant culture of car customization that grew primarily around customizing domestically produced American cars.
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