According to CE Outlook, the price of car stereo components may be on the rise. The report says that even before Japan suffered its earthquake, tsunami and nuclear disasters, manufacturers responsible for automotive audio equipment were already beginning to increase MSRPs. The main source of that surge came from steeper prices for metals like aluminum and copper, which are used in heat sinks and connectors. Rockford Fosgate and JL Audio both increased their prices by March 1 of this year after t
- Eric Bryant
- Jun 9, 2006
Showing yet another year of strong growth, the specialty-equipment aftermarket parts business grew by 9 percent in 2005 to end up at $34.3B. That's nearly double the size of the market ten years ago, and in each of those years, the auto aftermarket has grown at a faster rate than the US Gross Domestic Product.
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