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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 Automotive Aftermarket Suppliers Association (AASA) is the light vehicle aftermarket division of MEMA. AASA exclusively serves manufacturers of aftermarket components, tools and equipment, and related products, an important part of the automotive parts manufacturing industry which supports 871,000 American jobs.
Standard Motor Products, Inc. (NYSE: SMP) is a manufacturer and distributor of automotive parts in the automotive aftermarket industry. The company was founded in 1919 as a partnership by Elias Fife and Ralph Van Allen and incorporated by Fife in 1926. It is headquartered in Long Island City, New York, and trades on the New York Stock Exchange.
Advance stock declined throughout 2016 and 2017, but in 2018 Advance was the #5 top performing stock of the S&P 500 [22] outperforming the aftermarket automotive parts industry by more than 30 percent. [23] In November 2018, Advance Auto Parts announced the relocation of its headquarters from Roanoke, Virginia to Raleigh, North Carolina.
Auto Care Association is a co-owner of the Automotive Aftermarket Products Expo (AAPEX), the largest annual trade show for automotive aftermarket industry professionals. The AAPEX show is part of the Automotive Aftermarket Industry Week held during the first week of November at the Sands Expo Center in Las Vegas, Nevada. Nearly 162,000 ...
Advance Auto Parts to Acquire General Parts International, Inc. in All-Cash Transaction with Enterprise Value of $2.04 Billion Creates the largest automotive aftermarket parts provider in North ...
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