Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
The sluggish economy has combined with high gas prices to take a toll on sales of new cars and other vehicles. But this portends further growth for the automotive “aftermarket,” which already has shown significant growth in this decade.
A new Mintel report says the automotive aftermarket (including auto service, repairs and upgrades) grew by 18 percent between 2002 and last year, when it reached a revenue total of $106.5 billion. The research firm predicts this market’s revenues will top $120 billion by 2012.
One
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in