Key Trends in the Industry
- In the first quarter of 2018, the automotive aftermarket felt the rippling effects of broader market volatility and uncertainty
- Despite some turbulence in the stock market, overall deal volume remained strong across sub-verticals in the automotive aftermarket
- Strong organic profiles continue to propel performance of aftermarket companies
- Consolidation opportunities in the space remain plentiful and potential acquirers are looking to capitalize
- The recession resistant nature of the automotive aftermarket provides potential investors increased confidence at a time when valuations across the board are at all time highs
What We're Reading
Global Networking Is Key To Automotive Distribution Network’s Ongoing Success
Automotive Distribution Network - March 16, 2018
David Prater, president of Automotive Distribution Network, said that it "must continually step out of its comfort zone and open its doors of communication globally if the program group is to evolve to meet the needs of its members and their customers in an ever-changing industry." Read the full article here.
Will Fatality in Tempe Doom Driverless Cars?
Material Handling & Logistics - March 21, 2018
"The tragedy of the first pedestrian killed by an autonomous vehicle points to a potential vulnerability with the nascent technology now being tested on the open roads: While robo-cars, powered by sophisticated sensors and cameras, can reliably see their surroundings, the software doesn’t always understand what it detects... “The real challenge is you need to distinguish the difference between people and cars and bushes and paper bags and anything else that could be out in the road environment,” said Matthew Johnson-Roberson, an engineering professor at the University of Michigan who works with Ford Motor Co. on autonomous vehicle research. Read the full article here.