In a word, the Automotive Aftermarket is “pleased” with its second-quarter results. We experienced our first normal winter weather in three years and the industry is benefiting. For the six companies that comprise the Hilco Parts Index (the Index), net sales were $69.8 billion for the twelve months ending with the second quarter of 2021.

Keith Spacapan, Vice President of Hilco's Automotive Practice, discusses plans by global auto manufacturers for continued aggressive expansion of their electric offerings, as well as the technologies that are competing for dominance in the market right now.

Samuel Suchowiecky, CEO of Hilco Global Mexico, discusses the complexities associated with starting up a large-scale division or branch of a business in Mexico, particularly as an extension of a company based outside that country.

Sales momentum late in the first quarter carried over into the second. The seasonally adjusted annualized rate of sales (SAAR) for light-duty vehicles reached 18.5 million vehicles in April 2021, an all-time record for the month.