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U.S. Share of Global Aftermarket is Larger Than Expected

11 December 1998

U.S. Share of Global Aftermarket is Larger Than Expected, Reports Motor & Equipment Manufacturers Association

    RESEARCH TRIANGLE PARK, N.C., Dec. 10 -- The U.S. share of
the global automotive aftermarket product usage is larger than would be
expected if the only factor were number of vehicles, reports the Motor &
Equipment Manufacturers Association.
    In fact, a recent look by the Motor & Equipment Manufacturers Association
at the size of the worldwide parts aftermarket shows that the U.S. share is
more than half of the global total (53%) although it has only 32% of the
world's vehicles.
    Founded in 1904, MEMA exclusively represents and serves more than 700 U.S.
manufacturers of motor vehicle components, tools and equipment, automotive
chemicals, and related products used in the production, repair, and
maintenance of all classes of motor vehicles.  MEMA is headquartered in
Research Triangle Park, N.C., and has offices in Washington, D.C.; Detroit,
Mich.; Yokohama, Japan; Brussels, Belgium; Mexico City, Mexico; and Sao
Paulo, Brazil.