The Automotive Industries Association (AIA) of Canada announced that its 2012 Outlook Study is now available.This biennial report, produced for AIA Canada by DesRosiers Automotive Consultants Inc., provides an in-depth look at the various...
The Automotive Industries Association (AIA) of Canada announced that its 2012 Outlook Study is now available.
This biennial report, produced for AIA Canada by DesRosiers Automotive Consultants Inc., provides an in-depth look at the various factors that influence the success of Canada’s automotive aftermarket industry. By examining the state of the industry over the last two years and making calculated projections of future growth, this report paints an accurate picture of the industry that helps members in their business planning activities.
The 2012 edition of the Outlook Study found that the industry is beginning to recover from the 2008 economic downturn, both in terms of consumer spending and employment. Overall, employment rates have since increased, which bodes well for the aftermarket given that both vehicle ownership and usage are correlated with employment rates. In addition, the study indicates that the surge in new vehicle sales prior to 2008 will define the distribution of Canadian vehicles in the older age segments in the coming years to the benefit of the aftermarket industry.
Highlights from the study are as follows:
The 2012 Outlook Study is available to all AIA members free of charge to give them greater context for the overall state of the aftermarket. Members can access the report by logging onto AIA’s website and visiting the Publications section. The study can also be purchased by non-members in the Publications section of AIA’s website.
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