One of the most profound effects of the recession was the decline in U.S. vehicle sales, which plummeted from nearly 17 million in 2006 to about 10.6 million in 2009, according to Ward's AutoWorld. And while the downturn hobbled nearly every facet of the automotive aftermarket, some of the greatest damage occurred in the restyling category, whose very existence is predicated on available vehicle inventory. [Read more]
Market Snapshot
Product Sales Trends Revealed in Latest SEMA State of the Industry Report
December 21, 2023 | Vol. 26, No. 51
View Article