Business Services Industry
Car spare parts grey imports may take a toll on profits, BUSINESS TIMES
Business Times (Malaysia), July, 2002 by Debra Moreira
Business Times (Malaysia) 07-01-2002 WHILE car companies are looking for income from the grey import area of spare parts, analysts say competing in this vastly untapped source may put pressure on profit margins. The market for spare parts is estimated to be worth some RM444 million and about half of it is dominated by parallel imports.
As parallel importers give consumers a choice to buy at cheaper prices, authorized dealers such as Auto Bavaria and DRB-Oriental-Honda Sdn Bhd are forced to use up resources to compete with their own products. "Grey imports are dangerous as they can exert tremendous pressure on profit margins of these authorized dealers," an analyst said. Auto Bavaria, distributor of BMW cars in Malaysia, is stepping up efforts in...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express