Bringoz Industry Weekly 5/25

he average age of U.S. light vehicles rose to 12.8 years in 2024. Walmart has opened one of its largest centralized prescription processing facilities to date. Target Circle 360 members can now order unlimited same-day delivery from over 100 other retailers. Read about these stories and more in our weekly industry news roundup.

The average age of U.S. light vehicles rose to 12.8 years in 2024. This marks the second consecutive year of a two-month increase, according to S&P Global Mobility. Vehicle registrations reached over 16 million in 2024 for the first time since 2019. That growth was not enough to offset the growing volume of aged vehicles as vehicles in operation grew to 289 million in 2024. Read more.

Walmart has opened one of its largest centralized prescription processing facilities to date, in Frederick, Maryland. The 102,000 square-foot site is designed to fulfill up to 100,000 prescriptions a day, supporting over 700 stores across 16 states and Washington, D.C. The new facility uses advanced pharmacy automation to streamline every step of prescription fulfillment, from pill counting and labeling to capping and sorting. Read more.

Target Circle 360 members can now order unlimited same-day delivery “without price markups” from over 100 other retailers and grocers in Shipt’s network. The update is intended to turn the program into a “digital shopping center.” Target Circle 360 and Shipt’s marketplace of retailers includes Petco, PetSmart, Lowe’s, CVS and more. The expansion of Circle 360’s offerings comes a little over a year since the paid membership program launched. Read more.

The automotive aftermarket, encompassing parts, accessories, maintenance, and repair services, continues to grow. The growing popularity of electric vehicles, increasing adoption of digitalization, and shifting consumer preferences are driving the industry forward. Here’s a look at the top trends shaping the automotive aftermarket this year. Read more.

The automotive industry is shifting as more consumers embrace online car shopping. The traditional process of visiting multiple dealerships, negotiating prices, and arranging financing is increasingly becoming a streamlined, digital experience where buyers can research and compare vehicles before stepping into a dealership. Here’s a look at how the growth of online car shopping is affecting the automotive industry. Read more.

As the average age of vehicles on the road continues to rise, the effects of aging vehicles are becoming increasingly noticeable. From increasing parts demand to more convenient aftermarket service offerings, here’s a look at how aging vehicles are affecting drivers and the broader consequences they have on the automotive industry. Read more.