Beanstalk had the chance to visit the AAPEX and Specialty Equipment Market Association (SEMA) Shows in Las Vegas, two premier global events for the automotive and aftermarket auto parts industries ?? ? Several Beanstalk clients were on display, including Stanley Black & Decker, Inc., DEWALT, Pennzoil, and Procter & Gamble's Febreze. Here are some key insights our team gathered: - Hybrid vehicles are outselling EVs, becoming increasingly popular due to their good fuel economy and dependability - More people are driving than ever, but the fleet is aging — the average car on the road is nearly 13 years old - Classic vehicles tend to spend more on performance?products, while modern and core vehicles spend more on accessories and appearance products The shows saw record attendance with close to 200,000 attendees from over 140 countries combined, making them some of the largest and most important events in the auto industry. #AAPEX24 #SEMAShow #AAPEXSEMA2024 #automotive
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