Auto Parts Retail Industry Overview

Companies that retail or wholesale auto parts.

Summary

Keeping an older car running is what keeps the auto parts retail industry running. After years of consolidation, the auto parts retail segment has come to be dominated by large, nationwide players like AutoZone (#1 in the industry) and Advance Auto Parts  (#2).

Full Auto Parts Retail Industry Description

Retail Chains Focus on Professionals

Retail auto parts and accessories stores, which once focused solely on do-it-yourselfers (DIYs), now also focus on do-it-for-mes (DIFMs). DIFM sales growth has outpaced DIYs'. Retail stores are targeting commercial installers who serve DIFMs by offering parts delivery and technical support.

Full Auto Parts Retail Industry Trends

• Acheeve Inc.
• Auto Sound Company, Inc.
• Automotive Specialty Accessories and Parts

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Auto Parts Retail maps to a number of NAICS codes including:

Full Auto Parts Retail Industry Codes

• Association of International Automobile Manufacturers
  
• Automotive Aftermarket Industry Association
  
• Automotive Industry Action Group
  

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