Executive Director, Industry Analyst - Automotive
Nathan Shipley is Executive Director, Industry Analyst for The NPD Group’s automotive aftermarket division. Nathan has worked in the market research industry for over 15 years, 12 of which he has spent with NPD’s automotive division. Nathan has built an extensive knowledge of the automotive aftermarket through his work at NPD and his own personal hobbies. This background has given him an in-depth understanding of consumer purchase patterns and trends in the aftermarket.
During his time at NPD, Nathan has consulted with manufacturers and retailers to help them better understand marketplace dynamics and how to best utilize NPD’s vast array of resources to better run their businesses. Nathan also spent over three years at Nielsen working on a major CPG manufacturer’s business. He resides in Houston, Texas.
Nathan Shipley outlines the opportunities as well as challenges for the automotive aftermarket industry this year. NPD forecasts that the industry will see little to no growth in 2019. The biggest factors driving this forecast include a combination of our outlook on miles driven (flat to slightly positive), our forecast for product pricing on the shelf (continuing to increase in the 5 percent range), and Moody’s 2019 forecast for the consumer price index for new and used cars (falling).
Being a resident of Katy, Texas (a suburb about 20 miles west of downtown Houston), I found myself right in the middle of Hurricane Harvey as it made landfall on the Texas Gulf Coast at the end of August.
The macro environment for growth in the DIY aftermarket auto parts channel has been very favorable so far in 2016 (through June).