Released on = April 16, 2007, 9:44 pm

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = The European automotive aftermarket was worth US$188.5bn in
terms of retail value in 2002, representing just under 30% of the global
aftermarket. Despite unprecedented challenges, forecasts indicate that the global
market will continue to expand, reaching US$850bn by 2007.

Press Release Body = The European automotive aftermarket was worth US$188.5bn in
terms of retail value in 2002, representing just under 30% of the global
aftermarket. Despite unprecedented challenges, forecasts indicate that the global
market will continue to expand, reaching US$850bn by 2007.

European Aftermarket : Companies, Sectors, Trends, this report identifies and
analyses the trends and issues that are driving the aftermarket sector in Europe and
the effect they will have on the industry as a whole and the companies within the
industry.

European Aftermarket : Companies, Sectors, Trends coverage includes :

· Industry Trends
· Product forecasts of 12 key product areas
· Country analysis
· Recent developments at OEMs
· 30 key industry supplier profiles

Trends

The European aftermarket is facing major structural change from new and more active
regulatory intervention. Also, technological and process changes are redrawing the
successful business model for participants at all stages of the aftermarket
manufacturing, marketing and distribution chain.

The European Aftermarket : Companies, Sectors, Trends report evaluates the impact of

· Block Exemption regulation
· New market entrants
· E-Business
· New business models

Sectors
The European Aftermarket Report quantifies current and forecast volumes out to 2007
for key sectors including air-conditioning, batteries, braking systems, clutches,
exhausts systems, filters, glass, lighting, rotating electrics, shock absorbers,
spark plugs wipers and windscreens.

Countries
The European Aftermarket Report looks at the trends in all the major West European
markets. The report also includes an overview of the increasingly significant volume
markets of central and eastern Europe. The report looks at recent developments in
key markets that are leading developments in specific areas such as the Netherlands,
Austria and Scandinavia.

Companies
The Report looks at the current strengths and weakness of major OEM and supplier
participants in the aftermarket and recent developments in their strategy within the
changing marketplace. The report covers leading OEMs, suppliers and distributors.

The European Aftermarket
Within Europe, the EU\'s changes to the original Block Exemption regulation present
new and important opportunities and challenges to players in Europe\'s aftermarket
and could result in major restructuring of the sector.

The aftermarket is experiencing weakness due to the improved life expectancy of OE
parts. While there is some opportunity for aftermarket replacements to increase,
suppliers are increasingly being required to deliver innovative aftermarket products
that upgrade the performance or safety of a vehicle\'s original components to drive
aftermarket demand.

Fundamental changes are also occurring at the wholesale level.The formation of
pan-European buying groups is seen as a defensive move in response to the strong
competitive forces from vehicle makers, fast-fits and auto centres. Also, franchised
dealer networks are struggling to maintain their market share due mainly to
declining parts usage in the cars 0-4 year range, which form their key customer
base.

This wide-ranging and detailed report identifies and analyses the trends and issues
that are driving the aftermarket sector and evaluates the effect they will have on
the industry as a whole and the companies within the industry. It will be of
interest to all involved in the European aftermarket in vehicle service and repair
parts as well as in manufacturing, distribution and retailing.

Challenges and Opportunities
The Aftermarket has traditionally been a key source of profitability for both
carmaker and major first tier supplier in Europe. However, quality and regulatory
changes are having a major impact on the profit potential of the sector, opening
opportunities as well as exposing new threats.

The European Aftermarket Report evaluates how the first tier
suppliers are responding to the structural changes underway and the new marketing
segments opening up. The report asks:

· What new strategies are the first tiers following?
· How will big suppliers grow sales in the aftermarket?
· How have major players responded to regulatory changes?
· How are the e-business platforms shaping up?
· What will change mean for the independent garages?
· Will independent garages lose out to dealerships

In addition the report evaluates the opportunities for component manufacturers and
buying groups who can enter and develop new markets, providing new scope for volume
growth.

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