DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ll6p4z/the_canadian) has announced the addition of the "The Canadian Automotive Aftermarket - 2012 Outlook Study" report to their offering.
The automotive aftermarket has shown some signs of recovery over the past two years. Both general consumer spending and spending specifically related to vehicle maintenance declined in 2008 as a result of the economic recession, which led to some upheaval in the aftermarket. More positive growth over the past two years, however, has placed the Canadian economy on a recovery footing and has translated into a more positive outlook for the aftermarket industry in the coming years. The 2012 Outlook Study provides an overview of the current aftermarket industry, as well as forecasts and trends that will impact the aftermarket in the future.
The past two years have also seen employment in the industry begin to recover. Total employment in the automotive aftermarket increased by 0.8% year-over-year to 419,300 Canadian jobs coast-to-coast in 2011. The automotive aftermarket now represents 49.5% of total employment in the Canadian automotive industry. Overall demand for the aftermarket industry has started to recover due to strengthening macroeconomic factors, higher vehicle production and improved vehicle sales. Of note, real GDP in Canada grew by 3.2% in 2010 and 2.5% in 2011 while unemployment decreased from 8.3% in 2009 to 7.5% in 2011.
Key Topics Covered:
Section 1: Aftermarket Supply Chain
Section 2: Drivers of Aftermarket Demand
Section 3: Consumer Vehicle Ownership and Maintenance Data
Section 4: Market Outlook
Section 5: Future Issues
- Air Filter
- Hybrid and Diesel Vehicles
- Ignition Wire Sets
- Oil Change
- Shocks & Struts
For more information visit http://www.researchandmarkets.com/research/ll6p4z/the_canadian