Not long ago, an age-aged marketplace file was damaged, though you may possibly have skipped it if you weren’t paying out awareness. According to new investigate from S&P Worldwide Mobility, the typical age of vehicles on U.S. streets is now 12.2 a long time old. A further research from the very same scientists predicts double-digit progress in the industrial auto components aftermarket. This is largely owing to the pandemic’s effect on the source chain, as semiconductor chips and areas inventories suddenly grew to become scarce. The great news? Demand has not waned a bit. America has constantly experienced, and still maintains, a enjoy affair with the vehicle market. And thanks to the established company types and corporate assistance supplied by franchises, business owners now have an option to capitalize on these sector conditions.