Slowdown in Growth Rate of Miles Driven Influencing U.S. Automotive Aftermarket, NPD Group Says
In the 12 months through May 2017, miles driven grew by 1.8 percent, equating to an annual increase of almost 55 billion miles. The year prior, miles driven grew at a rate of 82 billion miles.
NPD Group Forecasts Robust Summer Travel for Consumers
Executive Director David Portalatin says that with March miles driven in the U.S. exceeding the previous high point of November 2007, the automotive aftermarket has recovered all miles lost during the recession.