AAPEX Showcases Positive Industry Numbers

Nov. 5, 2024
The 2024 AAPEX keynote breakfast announced strong industry numbers and outlook for the coming years.

The early-morning event hosted by AAPEX show co-owners, Bill Hanvey, Auto Care Association President and CEO and ASA President and CEO Paul McCarthy, presented promising data for the coming years.

The growing rate of EV drivers is something the industry has been facing increasingly with each year. According to the information shared at the event from U.S. Consumer Reports, hybrid-powered vehicles have 149% more problems than ICE vehicles, and full electric vehicles 79% more problems. Proving that moving forward, the opportunities for shops and their market pool will grow.

These facts also support the need for electric vehicle training—one of the main focuses of AAPEX training sessions in 2024 through Joe’s Garage.

The industry currently employs 915,000 technicians across the country, while McCarthy highlighted the need for a 258,000 technicians per year, the industry still has a high and healthy demand for technicians.

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