Frost & Sullivan
MOUNTAIN VIEW, CA
SPEAKER: Stephen Spivey, Program Manager for Frost & Sullivan’s Automotive & Transportation group Frost & Sullivan
The renewal of the Motor Vehicle Block Exemption Regulation means aftermarket manufacturers, distributors and installers in the European automotive aftermarket will enjoy continued growth over the next five to seven years. Coupled with new vehicle inspection standards requiring detailed exhaust and tire-pressure checks, as well as a weak economy that has vehicle owners looking for new parts and service options, prospects for double-digit growth are high for some market participants.
This briefing will benefit North American manufacturers and distributors looking for new markets to expand sales of automotive aftermarket parts and service. It will also benefit European manufacturers and distributors as a comprehensive market overview.
"Vehicle parts and service providers are benefiting from a weakened economy that has people postponing the purchase of a new car and investing more in the upkeep of their current automobile,"
For more information about Frost & Sullivan’s Automotive & Transportation practice, please visit: http://www.frost.com/
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