The number of merger and acquisition deals in the U.S. automotive parts and accessories industry in 2004 was the lowest in more than 10 years-down 29 percent from the previous year, the Automotive Aftermarket Industry Association (AAIA) reported recently
A total of 35 reported mergers and acquisitions occurred among aftermarket businesses in 2004, down from 49 in 2003, according to the AAIA's 2005/2006 Aftermarket Factbook.
Aftermarket manufacturers, with 27 deals, accounted for 77 percent of the industry's mergers and acquisitions in 2004. Most notable, the trade association said, was Cypress Group's acquisition of Dana Corp.'s aftermarket division, worth $1 billion.
The Bethesda-based trade group's publication also includes statistical tables, charts, analysis and trends in the U.S. and key international markets.
Among the subjects covered are: the overall size of the light duty and heavy duty automotive aftermarkets; key aftermarket segments (paint & body equipment, tools and equipment, etc.); do-it-yourself and do-it-for-me consumer trends; vehicle registrations; vehicle sales; vehicle usage statistics and operating costs; miles driven; purchases of aftermarket accessories; sales of automotive chemicals and fluids; state summary statistics; U.S. trade data of motor vehicle parts and accessories; information on the Chinese and Canadian aftermarkets; key economic and financial indicators; and a guide to aftermarket data resources.
The Aftermarket Factbook is available for $125 for AAIA members and $225 for non-members. The eFactbook, which offers a new ``copy and paste'' feature, is available to AAIA members for $199 and $299 to non-members.
To order by phone, call (301) 654-6664, or order online at www.aftermarket.org.