The automotive aftermarket deals in manufacturing, remanufacturing, installation, distribution and retailing of vehicle parts, equipment, chemicals and accessories, after the sale of the automobile to the customer by the OEM (original equipment manufacturer). Automotive aftermarket is responsible for vehicle diagnostics, automotive spare parts and accessories and service workshop concept. In this market customers have the option to choose the offer that best fits their personal criteria and individual requirement. The automotive aftermarket includes all services and parts purchased for light duty and heavy duty vehicles after the original sale. Automotive aftermarket volume is growing rapidly and becoming important to automotive companies due to the higher margins. Furthermore, key players are providing innovative services such as mobility and telematics services, which in turn create opportunities to generate revenue and account for growing share of the automotiv
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