Aftermarket has reasons to be optimistic in 2021
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LAS VEGAS — The automotive aftermarket has a lot to be optimistic about going into the new year: It is an essential business and it has a history of resiliency amid economic crises.
"Compared to new vehicles, compared to most other retail sectors, the aftermarket sees much more stable demand. We are essential and we're a great market to be in, rain or shine," Paul McCarthy, president of the Automotive Aftermarket Suppliers Association (AASA), said during the Virtual AAPEX Experience keynote session, Nov. 3.
The AASA and the Auto Care Association (ACA) co-sponsor the annual AAPEX.