IAM and AAM in the Automotive Aftermarket
The abbreviations IAM and AAM describe areas of the automotive parts and service market after a vehicle has been sold.
What does AAM mean?
AAM stands for Automotive Aftermarket. It covers products and services required throughout the useful life of a vehicle, including:
- replacement and wear parts
- accessories, fluids and tools
- maintenance and repair
- diagnostic and service solutions
The automotive aftermarket includes both vehicle manufacturers’ authorised service networks and independent market participants.
What does IAM mean?
IAM stands for Independent Automotive Aftermarket and refers to the independent part of the automotive aftermarket.
It includes independent parts manufacturers, distributors, retailers, workshops, platforms, and data and service providers that operate outside the authorised sales or service network of a specific vehicle manufacturer.
What is the difference between IAM and AAM?
AAM is the broader term for the entire automotive aftermarket. IAM refers specifically to its independent channel.
The terms are sometimes used interchangeably in practice. Technically, however, the IAM is a segment of the wider automotive aftermarket.
Conclusion
The Automotive Aftermarket (AAM) covers relevant products and services after the original sale of a vehicle. The Independent Automotive Aftermarket (IAM) focuses on independent companies and channels outside authorised vehicle manufacturer networks.