The automotive aftermarket is a vital part of the UK economy. Through the franchised and independent networks, it provides motorists with choices over how they service and repair their vehicles. By keeping the country moving, the aftermarket delivers both direct and indirect financial benefits to the country.
To enable a deeper understanding of the aftermarket’s contribution to the UK economy and its growth potential in the coming years, in 2016 SMMT commissioned Frost & Sullivan to undertake an independent study. This report examines the fundamental structures of the aftermarket, the key factors which shape its operation, and the challenges and opportunities facing it in the future.