Close to one-third of U.S. automakers expect parts and service to contribute no less than half of their entire revenue within the next five years.
Posts tagged as “OEMs”
Sessions include the stock market's impact on auto repair and manufacturing, the latest from Hyundai, an in depth Q&A for new members and more.
Styling and designing colors several years in advance is one of the most daunting and consequential challenges automakers and suppliers undertake.
“Any direct-sales model would do nothing less than undermine any automaker’s relationship with its franchised dealers," says 2024 NADA chairman.
Vast majority of OEMs, suppliers, and surrounding industries say a strong mechanical-driven culture presents hurdles in new vehicle development.
Consumers increasingly opt for non-branded parts, viewing them as of sufficient quality and better value.
Within 10 years, most vehicle shoppers—looking at both new and used vehicles—will be actively considering an electric vehicle.
