Unperformed Maintenance Up In 2006, According To New AASA Research

Unperformed maintenance grew to $53 billion in 2006, according to new research from the Automotive Aftermarket Supphers Association (AASA). That figure is up from $52 billion in 2005. A detailed analysis of the market is included in the 2007-2008 AASA Automotive Aftermarket Status Report, which is now available.

"While this represents a sizeable untapped market," said Steve Handschuh, AASA president and COO, "the safety implications are the primary concern, as some neglected maintenance has a direct relationship with vehicle safety and driveability."

Unperformed maintenance hit its peak in 2002 at $62 billion, and has hovered between $52 and $55 billion in the succeeding four years.

"Although consumers may postpone maintenance for economic reasons, motorists are often unaware of what vehicle maintenance is necessary beyond the occasional oil change," said Frank Hampshire, AASA director of market research. "Even in times of high gasoline prices and tight household budgets, increasing awareness of those maintenance items that impact vehicle safety and fuel economy could provide healthy returns on the investment."

The 2007-2008 AASA Automotive Aftermarket Status Report features sections on emerging markets in China and India, the latest figures on unperformed maintenance, a global vehicle summary, data on the North American aftermarket and an analysis of the do-it-yourself market. Copies cost $125 for AASA members, $500 for nonmembers. The Report is also available for purchase on CD-ROM; e-mail publications@mema.org.

Copyright Hearst Business Publishing Nov 2007
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