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Mevotech Expands Coverage with 188 New Part Numbers
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By Counterman
link hidden, please login to view announced 10 new part numbers that cover over 3,145,000 applications and model years 2014-2024. Anchor said the below part numbers, which are in stock and available for immediate delivery, “represent excellent sales opportunities.” For more details on Anchor’s complete program availability, contact your local sales representative or call Anchor’s customer service department direct at 1-888-444-4616.
Anchor Industries will be exhibiting at AAPEX 2024, at booth A4434.
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By Counterman
link hidden, please login to view announced the launch of 22 new products in North America. The new part numbers include complete strut assemblies and shock absorbers, representing over 5 million vehicles in new coverage. The launches include coverage for important models in the national vehicle car parc, such as Jeep Compass, Toyota Highlander and BMW X-3, in addition to brand new applications including the Chrysler Pacifica 2023, and the Kia Forte GT 2023, among others,
link hidden, please login to view said. “By prioritizing innovation and cutting-edge solutions at our factories, we consistently develop new products for the aftermarket, utilizing the same quality components as we provide to the OE market. These recent additions not only expand our product range but also reinforce our presence in North America. The new items are in stock and ready to ship!” said Bruno Bello, director of global marketing at PRT.
For more information, call 1-770-238-1611 or visit www.prtautoparts.com, or follow @prtautoparts.
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By Counterman
link hidden, please login to view announced the expansion of its SenSen brand with 47 new vehicle applications. This coverage increases SenSen’s total Vehicle In Operation (VIO) coverage by over 8.3 million. link hidden, please login to view said the update includes a 4-corner coverage installation video for the Tesla Model 3, available now on the SenSen YouTube channel. The video offers step-by-step guidance for DIY enthusiasts and professionals, to help them install SenSen’s Speedy Strut CSAs and rear shocks. “We’re excited to bring this significant coverage expansion to the market,” said Jamie Barnes, Director of Traditional Channel Sales at DMA. “With the addition of new vehicle applications, including the Tesla Model 3, and our 4-corner install video, we’re committed to providing high-quality support to an even larger audience.”
The expanded coverage includes the following vehicles:
2018-2023 Tesla Model 3 AWD Long Range 2013-2018 Toyota Avalon Limited 2012-2014 Subaru Impreza Hatchback 2016-2021 Honda Pilot AWD 2014-2020 Mitsubishi Outlander 2010-2016 Mercedes-Benz E350 Sedan AWD
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By Counterman
New research by the Specialty Equipment Market Association (SEMA) is shedding light on the latest trends and developments in vehicle lifecycles and providing new insights for those who provide parts for accessorizing and modifying the more than 289 million vehicles in the US.
Findings in the new
link hidden, please login to view include: Vehicles are staying on the road longer, a continuing trend. The average U.S. vehicle age is now at 12.6 years, its highest number in over a decade. Passenger cars are now an average of 14 years old (up from 13.6), while light trucks rose slightly to 11.9, from 11.8. Used-car market ticks downward but remains historically high. The average listing price of a used vehicle in the U.S. is $25,251, as of July 2024. Car values have fallen faster than that of light trucks, with the sharpest decrease in overall vehicle value found in EVs (-11%). Stabilization of new vehicle prices offset by continued climb of interest rates. The average new vehicle price sits at $48,644, down slightly from the year prior, and halting a dramatic climb that began in the beginning of 2021. However, interest rates for new and used vehicles continue to hound buyers, remaining significantly higher than those offered in 2021-2022, regardless of loan-term length. Automakers are producing fewer entry-level vehicles. While new vehicle inventory in 2024 has reached a three-and-a-half-year high, small cars and other entry-level vehicles (those priced below $20,000) make up just 0.7% of the market, compared with 7% five years ago. This lack of affordability has a profound impact on younger people, who are historically more price-sensitive than older drivers. Two decades of increasingly dependable vehicles. Since 2003, vehicles have exhibited fewer problems, highlighting a growing reliability that is a boon to consumers. However, recent years have yielded an increase in vehicle issues tied to new technology-based automotive features, including driving assistance and infotainment systems — a trend that could impact future dependability. The nation’s fleet of vehicles is growing. The past year saw the net addition of 3 million more vehicles to the roads, with crossovers (72.7 million) closing the gap with passenger cars (89.2 million) as the dominant segment of the entire fleet. However, compared to 10 years ago, vehicle registrations skew more heavily toward light trucks than cars. The specialty-equipment aftermarket continues to grow — and is expected to keep growing. Specialty equipment retail sales in 2023 surpassed $52.3 billion and are forecasted to grow to more than $57 billion by 2026. The research also reveals trends across four categories of vehicles (Classic, Aged, Core and Modern), highlighting age, popularity, usage and consumer spending habits. For accessorizing, pickups and muscle cars are the top choice for enthusiasts. Meanwhile, vehicles in the Aged category are driving spending for performance products, as a way to refresh their older vehicle. Aftermarket product spending for Modern and Core vehicles was primarily (59% and 54%) on accessory and appearance products, while 43% of spending on Classic vehicles was for performance products.
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