The Motor & Equipment Manufacturers Association (MEMA) hosted a policy panel discussion, “NAFTA and the Automotive Industry: What Will Keep America Competitive?” on Aug. 9 at the National Press Club in Washington, D.C.
Uni-Select Inc. announced Aug. 7 that it completed the acquisition of all shares of PA Topco Limited doing business as The Parts Alliance, the second largest nationwide independent distributor of automotive aftermarket parts in the United Kingdom.
Mazda, DENSO and Toyota have decided to jointly develop basic structural technologies for EVs capable of covering a wide variety of vehicle segments and types to ensure flexible and rapid response to market trends.
Genuine Parts Company has agreed to purchase Alliance Automotive Group, a leading European distributor of vehicle parts, tools and workshop equipment, for $2 billion from private equity funds managed by Blackstone and AAG's co-founders.
Asia’s automotive industry is undergoing rapid technological changes, thanks to the ever-growing consumer demand for new energy vehicles, faster workshop speeds, increased customization options and improved in-car technologies.
Gary Shapiro, president and CEO of the Consumer Technology Association, which produces the Consumer Electronics Show, discusses the OEM forum on cooperative partnerships to develop electronic vehicles.
Uni-Select Inc. announced the acquisition of substantially all of the assets of Dash Distributors, an independent distributor of automotive products based in Edmonton, Alberta. It previously was a member of a non-affiliated buying group.
The Parts Alliance has completed the acquisition of the entire share capital of Blackburn Brakes Holding Limited owners of BBC Superfactors Ltd., a leading distributor of vehicle parts in the U.K.’s Lancashire market.
Chemical Guys, a supplier in a 300,000-square-foot facility hosting its own Smart Detailing University, is expanding its global reach through Detail Garage retail franchises aimed at imparting detailing knowledge to a walk-in car-buffing customer base.
ZF Aftermarket embarked on its first fully immersed Spanish training week in Puerto Rico. The technical training team spent time in the Spanish region visiting workshops and educational centers teaching the technology and innovation behind ZF products.
The number of fleet management systems deployed in commercial fleets in North America reached 6.7 million in the fourth quarter of 2016. The market is expanding with a CAGR of 15 percent, and the number of deployed systems will reach 13.5 million by 2021.
The most important distribution segment in Russia is an amalgam of the wholesale distributor channel with the e-tailing channel. These distributors, both independent and members of European buying groups, rely on e-tailing to cover the great variety of vehicles in Russia.
As automakers and aftermarket suppliers continue to invest in new vehicle technology, consumers are still hesitant to pay more for the telematics and other systems that are top of mind in the industry.
India is playing a prominent role in implementing electric vehicles. The Rocky Mountain Institute (RMI) has joined with Indian governmental officials and private industry executives to produce a landmark study entitled, “India Leaps Ahead: Transformative Mobility Solutions for All.”
Blind spot detection ranked highest as the most desired features among all audiences, young and old, and propensity to pay for it varied by region, with the U.S. respondents reporting they would be willing to pay significantly more for the technology than consumers in other regions.
Digitalization of automotive repair and component sales, complemented with advanced technology incorporations in the automobile aftermarket component manufacturing, is expected to boost the market growth.
Aftermarket suppliers need to become holistic solution providers and extend their capabilities beyond manufacturing by incorporating digital innovations in their channels to market, including distribution, sales and service.