Over the last six weeks, Trucks, Parts, Service has published a wide range of articles addressing the profitability of dealer and aftermarket operations in 2023 and projections for both channels in 2024. For those who have missed some (or all) of these stories, or would simply like an easy link to share with colleagues when discussing business planning for 2024 and beyond, we have compiled all of these recent features into the helpful list below.
While this list is under no circumstances an exhaustive cataloging of every dealer and aftermarket industry report available over the last two months, it does include everything posted on TPS.
We start with our industry status report, which was published in January and featured segments on the dealer, aftermarket and supplier channels.
Our dealer piece touched on the year that was in 2023, noting how many dealers were expecting to close their books with mostly positive sales totals but nothing close to the record-setting year over year success in 2021 and 2022.
In the aftermarket, the story was similar. Businesses were closing a steady, solid year and were expecting 2024 to be similar, with grow opportunities in certain markets and product areas but not across the entire channel.
The supplier segment was equally muted in its 2024 predictions, but sources within that article were bullish about the improvements made to the supply chain in 2023 that should eliminate the parts availability and production issues that have impacted the industry in recent prior years.
Beyond our industry report, TPS also was on hand at a busy Heavy Duty Aftermarket Dialogue (HDAD) where multiple speakers shared their insights on the year ahead.
