AASA Report Shows Unperformed Car Maintenance Represents 27 Percent Of Total Aftermarket Potential, But Larger Concern Is Vehicle Safety

AASA Report Shows Unperformed Car Maintenance Represents 27 Percent Of Total Aftermarket Potential, But Larger Concern Is Vehicle Safety

The "untapped market" of unperformed and underperformed automotive maintenance represents 27 percent of the total aftermarket potential, according to new research from the Automotive Aftermarket Suppliers Association (AASA). However, a bigger concern, the association says, is vehicle safety.

The “untapped market” of unperformed and underperformed automotive maintenance represents 27 percent of the total aftermarket potential, according to new research from the Automotive Aftermarket Suppliers Association (AASA). However, a bigger concern, the association says, is vehicle safety.

“While customer behavior may affect aftermarket revenues, vehicle safety is the greater concern. Customers who avoid or delay maintaining their vehicles pose a potential safety risk to themselves, their families and everyone traveling on U.S. roads and highways,” said Bill Long, AASA president and chief operating officer. “AASA strongly supports addressing the issue of unperformed/underperformed maintenance through continued consumer education and reasonable, safety-friendly and cost-effective vehicle inspection programs throughout the country.”

Estimated vehicle maintenance that annually goes unperformed or underperformed has been tracked since 1978. AASA’s recently released report, “Unperformed Maintenance,” is based on analysis of a broad spectrum of product groups, including regular maintenance, engine, undercar, cooling and air conditioning. The unperformed maintenance figure is reported in end-consumer dollars spent, including parts and labor.

“In 2012, unperformed and underperformed maintenance in the U.S. totaled $66 billion,” said Paul McCarthy, AASA vice president of industry analysis, planning and member services. “Although unperformed maintenance declined by approximately $1 billion year-over-year, it remained near a record high.”

There is potential good news for future aftermarket growth, McCarthy said. “Stronger economic growth and increased employment could reduce the cyclical component of unperformed maintenance, reducing the total and helping the industry continue to grow.”

However, there is still cause for concern, McCarthy noted. “The less good news, though, is that unperformed maintenance remains high,” he said. “Unperformed maintenance – and its consumer safety and vehicle longevity implications – will be an ongoing challenge for the aftermarket.”

 

You May Also Like

BendPak Founder Don Henthorn Passes Away

Grew company from small machine shop to global leader in car lifts and garage equipment.

Don Henthorn, owner and founder of BendPak Inc., peacefully passed away at home Thursday, March 28, at the age of 85. Under his leadership, BendPak has grown from a small machine shop to one of the world’s leading manufacturers of car lifts and automotive service equipment.

Management and operations of the privately owned company are unchanged. 

ASE Practice Tests Available Online

You can get a good idea of what to expect by adding the official ASE practice tests to their study plans.

AACF Celebrates 65 Years Serving the Aftermarket

AACF will be announcing more details about this commemorative fundraiser April 1st.

Auto Care Association Launches REPAIR Act Video

The goal is to emphasize the need for federal REPAIR Act legislation, according to the Auto Care Association.

Valvoline Celebrates Female Service Center Employees

Valvoline is launching a social media campaign led by its female experts who are sharing automotive preventive maintenance tips to promote accessible vehicle care for all.

Other Posts

ASE Education Foundation, Goodguys Continue Partnership

Goodguys is one of many industry relationships the foundation has developed to help solve the technician shortage.

BorgWarner Announces Plan to Reduce Supply Chain Emissions

A partnership with Manufacture 2030 will support BorgWarner in reaching its Scope 3 emissions reduction goal.

Mevotech Releases 237 New Chassis, Control Arm, Wheel End Parts

The release boosts coverage for domestic and import passenger vehicles, pickup trucks, SUVs and EVs up to model year 2023.

MEMA Celebrates 120th Anniversary

MEMA said the milestone “underscores the association’s enduring legacy and its pivotal role in advancing the future of mobility and the interests of vehicle suppliers.”