Aftermarket

Toyoda Gosei to Restructure Production Subsidiaries in India for “TG One India”

Thursday, April 2, 2020 - 5:00am

Toyoda Gosei Co., Ltd. (TOKYO: 7282) will restructure its production subsidiaries in India to optimize its production network in that country.

Key Points: 
  • Toyoda Gosei Co., Ltd. (TOKYO: 7282) will restructure its production subsidiaries in India to optimize its production network in that country.
  • The company will transfer its all shares in Toyoda Gosei South India Pvt.
  • Ltd. (TGSIN) to Toyoda Gosei Minda India Pvt.
  • With this restructuring, Toyoda Gosei intends to develop a more flexible supply system in India that is not bound by product categories.

PACCAR Extends Factory Closures to April 20, 2020

Wednesday, April 1, 2020 - 9:45pm

The Company will extend the suspension of truck and engine production at its factories worldwide until April 20, 2020.

Key Points: 
  • The Company will extend the suspension of truck and engine production at its factories worldwide until April 20, 2020.
  • PACCAR will continue to provide aftermarket support to its customers who deliver medical supplies, food and essential infrastructure services to our communities.
  • The Company will provide a business update and first quarter results during the earnings call scheduled for April 21, 2020.
  • PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.

Garrett Motion Appoints Jerome Stoll to Board of Directors

Wednesday, April 1, 2020 - 9:15pm

Garrett Motion Inc. (NYSE: GTX), a cutting-edge technology provider that enables vehicles to become safer, more connected, efficient and environmentally friendly, today announced the appointment of Jerome Stoll to its Board of Directors, effective immediately.

Key Points: 
  • Garrett Motion Inc. (NYSE: GTX), a cutting-edge technology provider that enables vehicles to become safer, more connected, efficient and environmentally friendly, today announced the appointment of Jerome Stoll to its Board of Directors, effective immediately.
  • With the appointment of Mr. Stoll, who will serve on the Companys Nominating and Governance Committee, Garrett will have a total of eight Directors, of which seven are independent.
  • I am delighted to welcome Jerome Stoll to our Board, said Carlos Cardoso, Chairman of the Board of Garrett.
  • Mr. Stoll commented, I am excited to join Garretts Board of Directors.

2020 Strategic Analysis of eRetailing in the Global Automotive Aftermarket - ResearchAndMarkets.com

Wednesday, April 1, 2020 - 10:57am

The "Strategic Analysis of eRetailing in the Global Automotive Aftermarket, 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Strategic Analysis of eRetailing in the Global Automotive Aftermarket, 2020" report has been added to ResearchAndMarkets.com's offering.
  • The aim of the study is to analyze and estimate the adoption of eRetailing in the automotive aftermarket, deep diving into key markets and market participant activity.
  • It also focuses on detailed analysis of new business models, competitive factors, and other country-level and global dynamics that will impact the growth of this segment.
  • What are the penetration levels of online retailing in the automotive aftermarket in key markets, and how are they expected to evolve?

Automotive Catalyst Market 2019-2023 | Demand for Platinum Group Metals to Boost Growth | Technavio

Wednesday, April 1, 2020 - 7:30am

Our automotive catalyst market report covers the following areas:

Key Points: 
  • Our automotive catalyst market report covers the following areas:
    This study identifies recycling of automotive catalysts as one of the prime reasons driving the automotive catalyst market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the Automotive Catalyst Market, including some of the vendors such as BASF, CATALER, Clariant, Johnson Matthey, Solvay, and Umicore.
  • Backed with competitive intelligence and benchmarking, our research reports on the Automotive Catalyst Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Truck Mirror System Market 2019-2023 | Functionalities In Rear-view Mirrors to Boost Growth | Technavio

Wednesday, April 1, 2020 - 6:45am

Our truck mirror system market report covers the following areas:

Key Points: 
  • Our truck mirror system market report covers the following areas:
    This study identifies developments in interior rear-view mirror technologies as one of the prime reasons driving the truck mirror system market growth during the next few years.
  • Truck Mirror System Market 2019-2023: Vendor Analysis
    We provide a detailed analysis of around 25 vendors operating in the Truck Mirror System Market, including some of the vendors such as Ficosa Internacional, Gentex, HondaLockMfg, Magna International, Murakami, and Samvardhana Motherson Group.
  • Backed with competitive intelligence and benchmarking, our research reports on the Truck Mirror System Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Truck Mirror System Market 2019-2023: Key Highlights

V12 Reports Online Browsing for Automotive Aftermarket Products Increased by 350% in the U.S. During March

Tuesday, March 31, 2020 - 1:37pm

V12 reports that online browsing for automotive aftermarket products parts increased by 350+% as highlighted by national brands such as NAPA and O'Reilly Auto Parts.

Key Points: 
  • V12 reports that online browsing for automotive aftermarket products parts increased by 350+% as highlighted by national brands such as NAPA and O'Reilly Auto Parts.
  • Local aftermarket brands followed a similar path, with an increase of 400+% in online browsing activity.
  • Through proprietary technology, V12 Signals Online tracks online browsing activity, monitoring behavioral data and searches occurring on over 90% of internet-connected devices every month.
  • "Our V12 Signals Online product is providing tremendous insights across industries into the products consumers are searching for right now," said Andy Frawley, CEO of V12.

A Car Accessories Manufacturer Increased Profits by 17% Using Market Opportunity Assessment | Read the Complete Success Story for Detailed Insights

Monday, March 30, 2020 - 5:03pm

Infiniti Research, a leading market intelligence solutions provider, has recently announced the completion of its latest success story on market opportunity assessment for a car accessories market client .

Key Points: 
  • Infiniti Research, a leading market intelligence solutions provider, has recently announced the completion of its latest success story on market opportunity assessment for a car accessories market client .
  • This success story highlights how Infinitis market opportunity assessment helped a car accessories market client to successfully enter the German car accessories market and increase profits by 17%.
  • By leveraging market opportunity assessment, businesses can understand growth and development opportunities to achieve and retain market share.
  • By leveraging Infinitis market opportunity assessment, the client wanted to understand the complexity of the German market and identify the best way to enter into the German market.

The DVS Group Announces Acquisition of Aftermarket UTV Parts Distributor Side By Side Stuff by Nivel

Monday, March 30, 2020 - 4:40pm

KANSAS CITY, Mo., March 30, 2020 (GLOBE NEWSWIRE) -- M&A firm The DVS Group ("DVS") is pleased to announce the acquisition of Side By Side Stuff ("Stuff") by Nivel Parts & Manufacturing Co LLC ("Nivel").

Key Points: 
  • KANSAS CITY, Mo., March 30, 2020 (GLOBE NEWSWIRE) -- M&A firm The DVS Group ("DVS") is pleased to announce the acquisition of Side By Side Stuff ("Stuff") by Nivel Parts & Manufacturing Co LLC ("Nivel").
  • Side By Side Stuff DVS Sellside Client:
    Founded in 2006, Missouri-based Side By Side Stuff offers the highest quality Utility Terrain Vehicle (UTV) accessories and parts.
  • Founded in 1968, Nivel is a global aftermarket manufacturer, distributor and seller of specialty and heavy duty vehicle parts and accessories.
  • With access to over 100,000 parts and accessories, it is the largest supplier in the niche vehicle aftermarket parts industries in North America.

Global Automotive Aftermarket Outlook, 2020

Monday, March 30, 2020 - 1:05pm

The aim of this study is to identify the size of the global automotive parts and services aftermarket and its growth opportunities in 2020.

Key Points: 
  • The aim of this study is to identify the size of the global automotive parts and services aftermarket and its growth opportunities in 2020.
  • The study provides detailed analysis of key trends influencing the aftermarket, market revenues of major part categories, ownership behavior of customers, and also identifying major opportunity areas for different stakeholders.
  • These analyses are provided for major automotive markets, including North America, Latin America, Europe, China, and India.At the global level, the study discusses how 2019 shaped up for the automotive aftermarket, analyzing both qualitative and quantitative aspects.
  • In 2020, the analyst expects growth in aftermarket revenues to be 4.0%, with India and China leading the growth, although at a slower pace than last year.