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Automotive Aftermarket Riders Club ‘Ride For The Future’ Set For Oct. 27
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By Counterman
You can’t turn a corner these days without seeing a headline about electric vehicles. In recent years, this caused some consternation in the automotive aftermarket, with internal combustion engine (ICE) vehicles being the bread and butter for this industry. However, new data shows there will continue to be room for – and a need for – products for both incoming electric and ICE vehicles.
According to data from the Joint EV Trends and Outlook Forecast from MEMA and Auto Care Association, while EVs are beginning to penetrate the U.S. car parc, ICE vehicles will maintain the majority share through 2040. By 2030, the average estimate for approximately 30% of new car sales will be electric vehicles, according to PwC, which partnered with the associations on the joint forecast.
That being said, over the past several months, we have seen a significant uptick in industry activation surrounding vehicle electrification, in a variety of ways.
Within the automotive aftermarket, we are beginning to see a mindset shift, moving from skepticism surrounding the idea of EVs into more companies seeing the opportunities available in this rapidly growing space. Take for example longtime diagnostic products provider Autel entering the market this past June with the launch of its new Autel Energy division, which released the MaxiCharger Home and Commercial Level 2 AC chargers, available in 40-amp and 50-amp flexible charging configurations, compatible with all plug-in electric vehicles.
In the automotive repair equipment space, BendPak recently introduced its EV2400SL EV battery pack and powertrain lifting system. This push-around full-rise scissor lift table is designed to make replacing both electric vehicle battery packs and internal combustion powertrain components more efficient, the company said. The patent-pending design offers all the benefits of BendPak’s former SL24EVT lifting system with several user-friendly enhancements.
Just this past month, GM announced plans to invest a total of $20.5 million across three of its Customer Care and Aftersales parts distribution centers in Tennessee and Michigan to modernize warehouse operations as the automaker prepares for industry growth and electric vehicle readiness.
NAPA also saw the need to invest in preparation for the incoming change and this past fall announced its “NexDrivePowered by NAPA” training program in the U.S. to prepare repair shops for the changes electrification brings in the repair segment.
In January, Shell paid a cool $169 million to acquire EV charging company Volta to “unlock long-term growth opportunities in electric vehicle charging,” the company stated.
Bridgestone unveiled at CES this January it’s new Smart Corner solution, a demonstration of the ability to enhance the performance, comfort and efficiency of electric and autonomous vehicles, while maximizing the lifespan of tires and air springs. The solution combines premium Bridgestone tires and Firestone Airide (previously Firestone Industrial Products) air springs that are engineered specifically for electric and autonomous vehicle applications.
Standard Motor Products said it is committed to providing replacement parts for hybrids and EVs and has added new part numbers specifically for hybrids and EVs through its Standard and Four Seasons brands.
Valvoline and ENEOS both have developed automotive fluids specifically for use in Hybrid and Plug-in EVs.
These are just a handful of examples of businesses that have long been involved in the traditional ICE market segment creating opportunities in the EV market, as well.
From a consumer standpoint, the rate adoption of EVs varies from country to country, with cost (be it cost-savings or cost barriers) being one of the top factors.
According to AMN’s sister publication dedicated to EVs, The Buzz, “While internal combustion engine (ICE) vehicles still dominate future vehicle purchase intentions, preference for electrified powertrains continues to rise. Overall, the global shift to EVs is occurring at different speeds as individual markets face varying challenges to adoption, including cost and availability of charging infrastructures.”
Citing data from Deloitte’s 2023 Global Automotive Consumer Study, The Buzz noted that “Despite mounting concerns about climate change and reducing emissions, lower fuel expenses are the top reason consumers choose EVs in the U.S., Germany, India, Japan, the Republic of Korea and Southeast Asia, in an effort to reduce vehicle operating costs.”
In the U.S., intent to purchase hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and all-battery powered electric vehicles (BEV) are each up by 3 percentage points from 2022. Globally, consumer interest in BEVs is highest in China (27%, up 10 points year-over-year).
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By NAPA
Chase Elliott started Sunday’s NASCAR Cup Series race at Auto Club Speedway from the 33rd position after qualifying was rained out and the starting lineup was determined by the rule book. The 27-year-old drove to a 10th-place finish in the first stage and took the green-and-white checkered flag in seventh to end the second stage. The 2020 Cup Series champion continued his climb forward in the final stage, earning a second-place finish in the 200-lap race in Fontana, California. Elliott now sits 14th in the point standings after the second event of the 2023 season, 43 points behind the leader. After a weekend full of rain in Fontana, California, the NASCAR Cup Series took the green flag on Sunday afternoon for its 200-lap race at Auto Club Speedway. Chase Elliott and the No. 9 link hidden, please login to view team started the race from the 33rd position after the lineup was set according to the rule book. It didn’t take long for Elliott to begin his climb forward. When the competition caution flag waved at the conclusion of lap 15, the Dawsonville, Georgia, native was scored in the 25th position. Under caution, Elliott reported that his NAPA Auto Parts Chevrolet Camaro ZL1 was getting tight center off during the run. The team made its first pit stop of the day for four tires, fuel and an air-pressure adjustment.
Elliott was 25th after his pit stop and chose the top lane for the restart on lap 20. He made quick work of the cars ahead of him, charging his way to 12th by lap 41. Just one lap later the caution flag was displayed and crew chief Alan Gustafson called Elliott to pit road for four fresh tires, fuel and an air-pressure adjustment. A fast stop by the No. 9 pit crew catapulted Elliott to seventh upon leaving pit road. The 2020 Cup Series champion chose the top lane once again. Elliott maneuvered his way to fifth on lap 49, but his No. 9 Chevrolet was too free as the run progressed and he was scored 10th at the conclusion of stage one on lap 65. During the stage-ending caution, the team made the call to reverse the previous adjustments during its pit stop for four tires and fuel in an effort to tighten up the NAPA Auto Parts Chevrolet.
Elliott chose the top lane to start the second stage on lap 72 and was running in 13th when the caution flag waved just two laps later. The team made another stop for four tires and fuel and Elliott restarted just inside the top 15 on lap 79. He improved his position and made his way back up to 10th before the caution flag waved on lap 81. After opting to stay out on the track, Elliott was scored in eighth and took the top lane for the restart. Before the entire field could take the green flag, a multi-car incident brought out the yellow flag once again. Staying out for a second time, he took the top for the lap-91 restart. Elliott faded to 13th on lap 97, but as the run went on his Chevrolet came to life. The driver of the No. 9 powered his way to seventh before the green-and-white checkered flag waved to end stage two on lap 130. During the stage break, the team made a fast pit stop for four tires and fuel, gaining Elliott two positions.
The 27-year-old driver was scored in the fifth position following his pit stop and chose the top lane before the start of the final stage on lap 136. He was in that same spot when the caution flag was displayed on lap 141. Gustafson called Elliott to pit road for four tires and the team packed the No. 9 Chevrolet full of fuel. He lined up seventh for the choose cone and opted for the top lane. The field took the green flag for the restart with just 55 laps to go and Elliott continued to battle inside the top 10. He was back up to fifth on lap 149 and gained two more positions before scheduled green flag pit stops began around lap 165. Gustafson called Elliott to pit road on lap 167 for the team’s final pit stop of the day. On lap 175, the Hendrick Motorsports driver was in the fourth position with one car left to pit. He continued to track down the cars ahead of him, advancing to second on lap 182. Elliott drove hard in the final laps but ran out of time to battle for the lead. He ultimately took the checkered flag in the second position, his best career finish at the 2-mile facility. Kyle Busch claimed the victory. Elliott’s runner-up finish and stage points earned helped him improve to 14th in the Cup Series point standings. He is just 43 points behind the leader as the series heads to Las Vegas Motor Speedway next weekend.
“Just really proud of our team,” Elliott said. “We obviously didn’t run very good there toward the end of the year last year, and everybody really went to work hard over the winter to try and get better. I appreciate everybody on our NAPA team for just sticking with it and sticking with each other. I think we still have some work to do, but it was really nice to just see a lot of that hard work pay off and have the car driving like we were wanting it to do. That’s always a good thing. Appreciate everybody’s effort; everybody at Hendrick Motorsports and Chevrolet.”
Start / Finish: 33 / 2
Points Standing / Total: 14th / 49 pts. (-43)
Next Race: Sunday, March 5, Las Vegas Motor Speedway
How to Watch or Listen: 3:30 p.m. ET on FOX, PRN and SiriusXM
NAPA:
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By Counterman
MAHLE
link hidden, please login to viewMotorsport now offers Honda/Acura K24 2.4-liter forged pistons manufactured in high-strength 2618 aluminum alloy in a slipper-skirt forging. Designed for reliability in extreme-duty applications, this set features heavy-duty 0.250-inch wall thickness H13 tool steel wrist pins and comes complete with a nitride-steel 1.2-millimeter top, 1.2-millimeter 2nd and 2.8-millimeter oil ring set.
Dual-coated with phosphate and MAHLE’s GRAFAL skirt coating, the pistons are forged with valve pockets designed to accommodate K20 and K24 heads and fit OE 152.0-millimeter-length connecting rods and OE 22-millimeter Ø wrist pins.
For more information, view this
link hidden, please login to view, view this link hidden, please login to view, call MAHLE Motorsport toll-free at 888-255-1942 or visit link hidden, please login to view. For more information about the full line of MAHLE Motorsport products, download the link hidden, please login to view. The post
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By OReilly Auto Parts
SPRINGFIELD, Mo., Feb. 22, 2023 (GLOBE NEWSWIRE) -- After 65 years of serving the automotive aftermarket across the United States and in Mexico, O’Reilly Automotive, Inc. (“O’Reilly”) (Nasdaq: ORLY) will celebrate the opening of its 6,000th store in Fort Gibson, Oklahoma. This milestone will commemorate the continued excellent customer service and dedication of O’Reilly Professional Parts People throughout the Company. The opening of the 6,000th store will kick off with a day-long celebration on February 23, 2023, and reflect on the Company’s 65-year journey of growth and success. All community members are welcome and encouraged to attend the celebration, which will begin at 1200 South Lee Street, Fort Gibson, Oklahoma at 11 a.m. with a ribbon-cutting ceremony.
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By OReilly Auto Parts
SPRINGFIELD, Mo., Feb. 08, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue and earnings for its fourth quarter and full-year ended December 31, 2022. The results represent 30 consecutive years of comparable stores sales growth and record revenue and operating income for O’Reilly since becoming a public company in April of 1993.
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