Achieving official certification levels for automotive exports and imports is a high priority, strongly encouraged and aided by the Korean government. In 2016 the Ministry of Land, Infrastructure and Transport (MOLIT) signed on with NSF International to adhere to its auto parts evaluation and certification standards.
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.
President Donald Trump’s disdain for NAFTA has been directed mostly at Mexico, yet Canadian industry executives are a bit uneasy about business relations with their U.S. counterparts should Trump’s ire start targeting the northern neighbor.
Educational requirements for brake repairers and distributors are evolving as an alphabet soup group of terms – ABS, ESC, TCS, EBD and AEB – are increasing knowledge needed to make the correct diagnosis and repair.
The last mile is the least efficient and most expensive part of the supply chain. The last leg of delivery can account for one quarter to one third of the total cost to move goods, according to Frost & Sullivan.
For the third consecutive year, AutoZone claimed the top spot in the annual Aftermarket Business World Top 25 Auto Chain Report, which lists companies by their number of company-owned stores in North America.
Today’s Amazon is yesterday’s AutoZone. They don’t feel an obligation to do things the way they’ve always been done. And they are constantly innovating to hone in on those things that customers value the most.
While investors and many industry executives are preoccupied with the Amazon DIY threat, they should not downplay Amazon's interest in the commercial repair shops, which represents $95 billion in market share.
The market for connected car and automotive Internet of Things (IoT) technology is poised for growth, even as the federal government and different segments of the industry tussle over technology standards.
With Amazon selling auto parts online, it's clear that digital cataloging is more critical than ever. Amazon’s key aftermarket vendors understand the interconnectedness of the entire online shopping experience that revolves around a content-rich catalog.
While a number of efforts are underway to help ensure the safety of telematics and other systems, approaches by automotive OEMs and telematics providers remain uncoordinated and lack any sort of standardization.