The end of the line for petrol and diesel cars is just around the corner as electric vehicles take over and this means that the days are numbered for motor factors and garages. This may be the view held by the more pessimistic in the trade and certain sectors of the media, but the facts just don't back this up.
A recent study by Autobiz Magazine has come up with some very interesting findings about the Irish independent aftermarket and the good news is that the next 10 years should be the best ever for garages and parts suppliers. Here are some of the key points:

  • At the end of 2021 it is estimated that aftermarket potential in terms of cars was 1.86 million, i.e. Petrol, diesel and hybrid cars over 4 years old, the highest ever figure.
  • Lack of new car supply and a reduction in used imports means that Ireland's car fleet is getting older and this is not expect to peak until 2024.
  • Strong sales of diesel and petrol cars in recent years means aftermarket potential will reach 2.08 million cars in the next 3 years.
  • In 2030 the size of the aftermarket in terms of petrol, diesel and hybrid vehicles will be just as big as it is today.
  • Even by 2030 electric vehicles will be less than 10% of the aftermarket.
  • In service and repair terms petrol and diesel will still be the dominant force for the next 10 to 15 years.
  • As the car population gets older there will be more demand for more major repairs, including clutch, steering and suspension and fuel injection, as well as engine repairs and reconditioning.
  • The next few years should be busiest ever for independent garages!