Articles by Richard Mezadurian

There are few nations that have as close a relationship with the United States as Israel. However, political alliances don’t necessarily translate into aftermarket sales opportunities for automotive parts and accessories.
In 2015, Japan imported $535 million worth of auto parts from the U.S. while its exports totaled nearly $45 billion. Most of that parts trade was original equipment parts used on production vehicles.
The automotive industry has been among the industries to have prospered during these boom times in South Africa. The industry employs about 100,000 people in original equipment (OE) assembly and parts manufacturing, and an additional 200,000 people in the aftermarket and retail segments.
From an aftermarket perspective, this growing Colombian economy offers many opportunities for auto parts manufacturers in both the light-duty and heavy-duty segments. Colombia is the fourth largest economy in South America, behind Brazil, Argentina and Chile.
Poland is a hard place to figure out for aftermarket manufacturing executives. That’s because if you took many different strategies for selling in Poland and throw them against the wall, almost all of them would stick.
The Caribbean market is home to an incredibly diverse population of cars, trucks and motorcycles, with each country having a unique profile of vehicles on their roads. The brands represented there do have some things in common.
The value of aftermarket parts sales within Saudi Arabia is estimated at $3.8 billion. The aftermarket growth rate is expected to be 7.7 percent. It is the strong growth in both vehicle sales and the aftermarket that is leading the drive to greater efficiency and reducing overall energy consumption.
Understanding the politics and economic cycle is important to develop selling strategies and to manage risk in this volatile market. Automotive aftermarket exporters have many opportunities in Argentina, but it would be wise to proceed with caution.