Dealers can no longer ignore the profits to be made by paying close attention to the aftermarket, as witnessed by the recent Specialty Equipment Market Association trade show in Las Vegas.
Statistics indicate the expanded level of industry importance.
If it has anything to do with a car, it was found here at the Specialty Equipment Market Association trade show. With more than 2,250 exhibitors in attendance this year, it was the largest show in SEMA’s history.
Once considered a niche business, the U.S. automotive specialty equipment industry is expected to rake in nearly $30 billion this year.
…the vast majority of the convention floor was crammed with 125,000 salesmen, car customizers and mom-and-pop auto shop owners who gathered to see and sell the latest technology in the aftermarket car industry.