The automotive repair parts and services market is following the general trend of the economy in 2010 in that each major product and service category is showing modestly higher (3-5 percent) ?take-rates? over 2009.
Private-label brands such as NAPA, DuraLast and PartsMaster account for a majority of sales in the brake parts aftermarket, presenting challenges to suppliers of traditional brands such as Wagner, Raybestos and Bendix.
The value of those parts is sometimes a temptation that unscrupulous employees can't resist, and although technology has made it more difficult for employees to steal from the dealership, theft still occurs.
Scientists at Universidad Nacional de Colombia – the National University of Colombia – are in the process of perfecting two recent inventions that could present widespread opportunities within the automotive industry.