Car Aftermarket - UK - November 2018
“The parts aftermarket is strongly affected by external factors with the recent depreciation in Sterling stimulating inflationary pressures across the sector. However, in the case of tyres, such a development has also narrowed price differentials resulting in a move away from value brands as well as reducing volume sales. Looking ahead, the UK’s departure from the EU in March 2019 is another external concern and one whose impact remains uncertain.”
– Neil Mason, Head of Retail Research
This report examines the following issues:
Are rising prices halting progress made by the budget parts?
Used and refurbished parts remain a threat to the sector
Online remains a niche channel
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