Truck aftermarket sales on an upward path
Medium- and heavy-duty truck aftermarket sales rose 6.2% in 2005 and are forecast to continue a three-year growth trend, reaching $73.9 billion in 2006, according to a new study by the Automotive Aftermarket Industry Association (AAIA) and the Heavy Duty Distribution Association (HDDA).
After relatively flat growth in 2001-03, when annual increases were less than 1%, medium- and heavy-duty aftermarket sales picked up in 2004. Sales have climbed for reasons including rising Class 4-8 vehicle sales, increases in the average number of miles driven, 2.5% growth in truck registrations since 2000, and the nation's dependency on trucking.
The 2006 Medium & Heavy Duty Aftermarket Profile provides charts, tables, and analysis on topics such as:
- Truck and trailer aftermarket parts consumption
- Retail sales of trucks
- Truck registrations by state
- Truck maintenance data
- Equipment used on trucks
- Aftermarket component trade data by product
- Key economic indicators
- Financial data for selected companies
- Glossary of truck terms
This profile is available to AAIA and HDDA members for $125 and $225 to non-members. To order, phone 301-654-6664 or access www.aftermarket.org.