AFTERMARKET

Aftermarket

The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, tools, equipment and accessories for light and heavy vehicles, after the sale of the automobile by the original equipment manufacturer to the consumer, which may or may not be manufactured by the original equipment manufacturer.

The above text is a snippet from Wikipedia: Aftermarket (automotive)
and as such is available under the Creative Commons Attribution/Share-Alike License.

aftermarket

Noun

  1. The market for goods and services surrounding capital purchases of equipment and of software.
  2. The industry that serves that market, eg, in automobiles, computers.
  3. Trading activity in a security immediately following its initial offering to the public.


The above text is a snippet from Wiktionary: aftermarket
and as such is available under the Creative Commons Attribution/Share-Alike License.

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