European markets: car aftermarket

Article Abstract:

The growth of the car aftermarket in Europe has been curtailed by the slow growth of car sales, the improved technology which lengthens the life span of car parts, and the introduction of formerly aftermarket parts as standard equipments in new cars. Replacement parts constitute the bulk of the industry with a market share of 75% to 85%, with tires averaging 15% of the market. France has shown large per car expenditures, reaching $500. Growth is anticipated in the in-car entertainment aftermarket sector.

Europe

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AP Group looks abroad for partners

Article Abstract:

Overseas partners are being sought by independent components company Automotive Products Group (AP Group). AP Group has been created from the management buy-out of BBA Group's brake and clutch business in the United Kingdom. AP Group will have over 300 million pounds sterling turnover and 4,000 employees, with production facilities throughout Western Europe and the United States. The company is particularly keen to become involved in South America, Eastern Europe and the Far East via joint ventures.

Foreign operations, Joint ventures, Clutches (Machinery), Automotive Products Group

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The German car aftermarket

Article Abstract:

The market for automobile supplies and accessories in Germany has slightly diminished due to the emergence of innovative cars that require less maintenance. Car supplies in the country are segregated into four sectors: replacement parts, electronics, security systems and car care products. Some of the most prominent car supplies manufacturers include BMW AG, Audi AG, Varta AG, Motorola GmbH and Robert Bosch AG.

Economic aspects, Germany

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