MacKay & Company has recently updated its annual DataMac U.S. distribution report.
This year, 425 businesses serving the medium- and heavy-duty commercial vehicle industry (dealers, distributors, HDDs, independent garages, auto parts stores and others) provide data and information covering topics from parts and service labor sales to inventory changes and parts sourcing practices.
While parts shortage issues have improved, many are still experiencing higher than normal price increases, the company reports.
“Issues surrounding price increases and parts availability have improved considerably but persist nonetheless,” says Travis Kokenes, research manager at MacKay & Company.
OE sources continue to command the largest share of the market but MacKay & Company states distribution points have increased purchases from non-OE channels compared to prior years in search of parts availability and price points for their customers.
One of the most noticeable changes this year is an increase in the amount of mobile service work that is being completed by these types of businesses. At 8% of all revenue in 2023, this is roughly double the amount that was reported in 2022.
For more information on this report and other research completed by MacKay and Company please reach out to John Blodgett at [email protected].
