Global car production increased between the years of 2016 to 2017. The actual increase during that time period amounted to 2.6%. In 2017, more than 73 million vehicles were produced throughout the globe, with China being ranked as the top car manufacturer. At the end of 2018, it was expected that more than 81 million cars would be produced on a global basis.
Global Car Sales and Predictions
Over 79 million cars were sold during 2017. It’s important to note that by 2020, the global automotive aftermarket industry is expected to be valued at $722.8 billion. Figures for the 2017 U.S. automotive aftermarket industry were valued at $287 billion. The compound annual growth rate has been determined to be 3.6%. Fortunately, projections indicate that this will continue to increase through 2020.
The Continued Popularity of Subarus
As evidenced by sales, Subarus continue to be a popular vehicle within the United States. Approximately 59,841 of these vehicles were sold during June 2018. Sales are expected to continue within this country.
Statistics on Older Cars in Operation
When was the last time you purchased a new car? Were you aware that there are approximately 14 million 25-year-old vehicles on the road? This is considerably more than in 2002, when there were just six million older cars in operation. Given that data, this signifies that there is an eight million increase in old cars.
Increase Speed With Subaru Aftermarket Replacement Parts
Whether you currently own or are planning to purchase a Subaru, you may be interested in aftermarket replacement parts. In addition to Subaru upgrades, there are likely other Subaru aftermarket parts that are of interest.
If you have a Subaru WRX STI, for example, there’s an excellent chance you would like to enhance its speed. In order to have it run as fast as possible, you can add a new turbo and other improvements. After your Subaru WRX STI has received these enhancements, it will exceed 500 horsepower! Once you speak with a representative, you’ll be able to discuss these and other high-performance parts in more detail. Just take a moment to imagine experiencing these upgrades first-hand!