Aftermarket part sales on the brink of growth. (Market Focus).Statistics from the Motor and Equipment Manufacturers Association (MEMA) reveal that aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. product sales in the U.S. reached $136.6 billion in 2000, a 1.6% increase from 1999 levels. Despite this modest increase, aftermarket component manufacturers should see sales eventually reaching $155.1 billion in 2003, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. MEMA. The $136.6 billion in aftermarket parts represents nearly 13% of the entire $1 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. world automotive products market. |
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