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Exterior of an O'Reilly Auto Parts store in Houston in Texas, United States. Interior of an Advance Auto Parts store in Virginia, United States.. An automotive part retailer is a retail business that sells automotive parts and related accessories to both consumers and professional repair shops, through physical stores and websites. [1]
Product sales are typically limited to automotive fluids, belts and hoses. [1] With a focus on basic procedures, labor is often performed by entry-level technicians which simplifies the business overhead resulting in a less expensive service as compared to a traditional automotive workshop.
Net sales for Advance Auto Parts in 2023 were $11.3 billion (up 1.2% from 2022). Gross profit for 2023 $4.5 billion. Operating profit for the full year 2023 $114.4 million, 1.0% of net sales (6.0% of net sales in 2022).
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.
Equipment and Tool Institute (ETI) is a US-based non-profit automotive trade association. Its 70+ member companies supply products to vehicle manufacturers and the after-market industry. ETI is managed by a small staff consisting of an executive manager, technical manager and a marketing manager. Its member company representatives contribute to ...
As of 2012 AAE manufactured, distributed, and sold auto service equipment around the world. Its primary products included automotive lifts, wheel balancers, and tire changers. AAE claims a customer base of over 100,000 companies and individuals. In 2004 AAE's U.S.-based manufacturing processes were internationalized.
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