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AutoAmericas conference to provide attendees with innovative industry news from leading manufacturer
The Latin American aftermarket industry reached record levels in 2022. AutoAmericas, the event aimed at the aftermarket industry for South Florida, Latin American, and Caribbean markets, will kick-off the inaugural conference and expo on March 24 and
By: Latin Press Inc.
Miami, March 7, 2023 – The Latin American aftermarket industry reached record levels in 2022. AutoAmericas, the event aimed at the aftermarket industry for South Florida, Latin American, and Caribbean markets, will kick-off the inaugural conference and expo on March 24 and 25 at the Miami Airport Convention Center. The program will offer attendees a new experience to learn about the automotive industry's innovative products, new trends, and international contacts with the industry's leading manufacturers.
The Latin American auto parts industry, aftermarket, is one of the fastest-growing and is continuously strengthening. Mexico's National Auto Parts Industry (INA, in Spanish) announced that auto parts production in Mexico reached an all-time record in 2022, with a figure of US$106 billion, which represents a 12.6% growth over what was observed in 2021.
Additionally, the INA noted that the Mexican aftermarket has become the main supplier of this industry in the United States, covering approximately 40% of the market.
Colombia reported exports for US$136 billion to 55 countries in the region between January and April 2022, according to the government agency ProColombia. a 16.5% growth compared to purchases in the previous year.
Among the greatest opportunities is the motorcycle segment, which "sold more than 800,000 units in Colombia alone," according to Carlos Andres Pineda, president of the Colombian Association of the Automotive Sector and its Parts (Asopartes).
AutoAmericas will feature an academic program with lectures on opportunities in different segments, such as motorcycle production and marketing, as well as remanufacturing for the automotive aftermarket, both presented by the presidents of the event's partner associations:
Likewise, strategies on chip-tuning and electronic module cloning, and women's leadership in the aftermarket industry are other conferences confirmed for the two-day academic program.
According to Federico Duarte, academic coordinator of AutoAmericas, "this first edition is an opportunity not only to interact with different industry professionals, but also to learn about technical matters and understand the commercial dynamics, existing export programs in the United States, new markets to explore and inspiring experiences of Latino entrepreneurs, particularly women who have built and grown their businesses through the partnerships that events like this foster."
Lastly, the AutoAmericas' exhibition currently has 30 exhibiting brands, including manufacturers and parts distributors, in a commercial space that will be the platform to increase their visibility in South Florida, the Caribbean and Latin America regions.