Remanufactured Automotive Aftermarket Presents Growth Opportunities Despite Market Threats

Business Wire, March 4, 2008

PALO ALTO, Calif. -- The Automotive & Transportation Group at Frost & Sullivan is pleased to announce its 2008 Quarterly Analyst Briefing Presentation on the remanufactured automotive aftermarket to be held on Tuesday, March 11, 2008 at 1:00 pm PST.

The remanufactured automotive aftermarket for certain components showed promising growth during 2007 and will likely achieve growth in the future. Currently, remanufacturers aim to counter the increasing penetration of inexpensive Asian imports, threats from the used (salvage) market, low availability of cores, enhanced part durability hindering replacement of remanufactured parts and intensifying price competition from new parts. The growth of engine control units, rack and pinion steering gears, engines, and transmissions, has stimulated intense competition across the industry.

This briefing will benefit aftermarket remanufacturers, original equipment remanufacturers, distributors, independent repair facilities and vehicle manufacturers by discussing growth opportunities and providing forward projections for the North American automotive remanufactured aftermarket.

Highlights of the briefing include: analysis of remanufactured market segments expected to grow as well as those likely to decline, key mergers, acquisitions and market exits.

"Remanufacturers of automotive parts have satisfactorily addressed the industry's quality, price, availability and fitment issues with innovative technologies and products," notes Frost & Sullivan Industry Manager Avijit Ghosh. "This has resulted in the aftermarket fighting the impact of countries with low production costs, intensifying price competition and threats from the used (salvage) market."

To participate, please email Sara Villarruel at svillarruel_pr@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

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