The Specialty Equipment Market Association (SEMA) has issued a total of $245,000 in scholarship and loan forgiveness awards through its SEMA Memorial Scholarship Fund to help 104 individuals pursuing a career in the automotive aftermarket industry. The winners include 87 students who received scholarships ranging from $1,000 to $5,000 and 17 employees of SEMA-member companies
The specialty-equipment market showed positive results in 2022 with an overall market growth of 2% and reaching $51.8 billion in sales, according the new 2023 SEMA Market Report. This continues a decade of growth for the industry, even among recent economic turmoil created by the pandemic. While the growth percentage was slightly down from the industry’s typical annual rate
The specialty-equipment industry continues to experience strong growth and demand as the U.S. puts COVID-19 in the rearview mirror. According to the new “State of the Industry–Spring 2022” report from the Specialty Equipment Market Association (SEMA), 75% of manufacturers, 68% of distributors, and 53% of retailers/installers report that sales are currently above where they were
To better accommodate its continued growth and expanding potential in the North American market, Schaeffler today announced plans to relocate and expand its Automotive Aftermarket operations. Groundbreaking for its new 250,000 square-foot facility in Strongsville, Ohio – approximately five miles from its current operation in Valley City – began recently. Schaeffler expects its new facility to be operational
Turn5, the growing e-commerce aftermarket automotive parts retailer, officially moved to a larger headquarters facility in Paoli, PA, a suburb of Philadelphia. The company owns and operates three aftermarket automotive websites – AmericanMuscle.com, ExtremeTerrain.com, & AmericanTrucks.com.
The Timken Company has announced that Mark Stangl and Ryan Shaffer have assumed new marketing roles to support its automotive aftermarket group.
Robert Bosch LLC has announced that Douglas Arnold will join the Bosch Automotive Aftermarket Division North America as vice president, independent aftermarket sales. He will be located in the Broadview, Illinois, office, reporting directly to Enrico Manuele, regional president, Bosch Automotive Aftermarket North America. The appointment will be effective August 15, 2016.
The Timken Company has announced that Brett Blauner has been named national sales manager for automotive aftermarket. Blauner is responsible for managing U.S. sales development for light vehicle automotive aftermarket. He reports to Brian J. Ruel, who was appointed vice president of Americas at The Timken Company earlier this year.
AAPEX organizers have unveiled a new, progressive logo for the event as the first step in transforming the brand to reflect it as the premier, global automotive aftermarket event that keeps attendees ahead of the curve when servicing today’s high-tech and highly sophisticated vehicles.
The industry is mourning the loss of an industry giant. Longtime industry veteran, widely regarded as an icon of the automotive aftermarket, John “Jack” F. Creamer passed away Wednesday, March 25, following a recent stroke. Creamer was active in the industry, currently serving as vice chairman of the University of the Aftermarket Foundation at the time of his passing.
Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, is celebrating the 30th anniversary of electronic cataloging for the automotive aftermarket. The company introduced the industry’s first electronic catalog (eCatalog) in August 1984. Today, Epicor eCatalog products and related data solutions are used by tens of thousands of parts professionals, more than