By Keith Spacapan
After struggling for 16 consecutive months to build inventory, retail inventory finally exceeded one million vehicles in September 2022 and has increased steadily each month since. What will happen next?
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By Keith Spacapan
For the six companies in the Hilco Parts Index (HPI), net sales for the 12 months ended September 2022 increased 8.8% when compared to the 12 months ended September 2021.
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By Keith Spacapan
This quarterly update presents information and insights pertaining to continued inventory, pricing and sales volume challenges being faced by the automotive industry, as supply chain issues persist.
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By Keith Spacapan
For the six publicly traded aftermarket parts companies comprising the Hilco Parts Index, net sales for the 12 months ended June 2022 increased by 8.9% as compared with the same period the year prior.
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By Keith Spacapan
The U.S. automotive industry sold 1.2 million new cars and light-duty trucks in the month of June, a seasonally adjusted annual rate (SAAR) of 13.0 million vehicles. The June SAAR was marginally better than the prior month but significantly lower than the SAAR of 15.4 million vehicles recorded one year prior. June marks the 12th consecutive month in which the industry’s SAAR fell short of the prior year’s results.
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By Keith Spacapan
For the six public companies comprising in the Hilco Parts Index, net sales for the first quarter of 2022 increased 12.5% as compared with performance in the first quarter the year prior.
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By Keith Spacapan
First quarter U.S. sales of light-duty vehicles totaled 3.29 million, one of the worst single quarter tallies in a decade. The only quarter to post a worse result was the second quarter of 2021 at the height of the pandemic.
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