Parts & Components – AutoFacets Insights

How can the right PIM tool boost your revenue?

afadmin — Fri, 04 Sep 2020 09:11:01 +0000

As per a recent report, “The global automotive aftermarket size was valued at USD 378.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2020 to 2027.” That being said, these numbers portray the scale of growth and hence, the potential of the automotive aftermarket industry.

Continue Reading

Game-Changing Trends for Automotive parts Manufacturers in 2020

afadmin — Wed, 11 Mar 2020 06:24:13 +0000

As per a recent report, the global Automotive Aftermarket Parts Industry is expected to stand at a whopping $723 billion in sales by 2020. The US alone would account for $296 billion. This includes both OE and aftermarket parts, equipment, service, and collision repair to name amongst a host of other facets. As we venture

Continue Reading

David Resnick

afadmin — Thu, 05 Oct 2017 11:31:44 +0000

Sharing data will make customers happier with car dealers and parts makers.

Changing image of junkyards: Auto recyclers embracing technology and expanding base to women and millennials

afadmin — Mon, 24 Jul 2017 08:12:23 +0000

The auto recycling business has embraced technology, and it could save you some dough if you are a bargain hunter or the do-it-yourself type. That’s the message automobile recyclers are promoting as they cope with a changing industry. For instance, no longer is junkyard the preferred term for lots where auto recyclers store their acres

Continue Reading

Ralph Gilles

afadmin — Fri, 14 Jul 2017 14:57:45 +0000

Many factors, from artificial intelligence to vehicle sharing, are affecting the future of automotive interiors.

Ford exploring 3D printing of one-piece auto parts

afadmin — Fri, 26 May 2017 14:24:11 +0000

Capable of printing automotive parts of practically any shape or length, the Stratasys Infinite Build system could be a breakthrough for vehicle manufacturing claims Ford. DEARBORN: US based car manufacturer Ford Motor Company is exploring how large-scale one-piece auto parts, like spoilers, could be printed for prototyping and future production vehicles, as the first

Continue Reading

Can The Auto Parts Retailers Fight Amazon By Offering Lifetime Guarantees?

afadmin — Sat, 20 May 2017 09:54:08 +0000

Amazon is the 800-pound gorilla of the retail online world. FCP Euro is a far smaller competitor that specializes in European aftermarket parts. Can a lifetime guarantee on all parts tip the balance in their favor? very once in a while I get a low-mileage older European car that can get finicky if I order

Continue Reading

Car Parts Industry Trends: Online Parts Sales to Reach $8.9 Billion in 2017

afadmin — Tue, 09 May 2017 09:28:00 +0000

Our annual forecast for online car parts sales projects retail sales at $8.89 billion in 2017, posting a 16% increase over 2016. Online Sales Summary: …Ecommerce car parts sales outpacing brick & mortar, will reach $8.9B excluding auctions and used parts …Over $4B in online sales will be on mobile devices in 2017 …Ecommerce car

Continue Reading