Car Parts Industry Trends: Online Parts Sales to Reach $8.9 Billion in 2017
While it could possibly’t hold identifiable info like your VIN or license plate quantity (for that, we suggest an app like Dash), it could possibly store the make, model, and year of your automobile. It also can identify or save extra detailed data like your engine dimension, trim type, and transmission sort.
If Amazon notifies a dealership of a possible problem with a buyer’s order, the parts desk can contact the client and intervene to correct the problem earlier than the order is shipped, he notes. Amazon, like eBay, requires sellers to communicate with customers through its site. A dealership can’t acquire Marketplace components customers’ e mail addresses and use them for its own marketing promotions.
The market generated more than $sixty eight billion in income in 2015, based on Grand View Research. And The Financial Times reported last year that, while US auto sales grew only 1% per year over the earlier decade, gross sales on the major aftermarket auto parts chains grew 7% per yr. This is essentially as a result of an growing older automobile fleet in the US, which has drummed up enterprise for aftermarket parts sellers. In a September report, investment bank Jefferies said Amazon is offering same-day supply for auto parts in 40 main US cities — at prices that common 23 percent less than these of O’Reilly, Advance and AutoZone. Amazon, which rang up revenue of $128 billion in the 12 months ended Sept. 30, might see its auto components business broaden more than 50 % this 12 months, to $5 billion, according to one Wall Street analyst’s latest, confidential prediction circulated amongst shoppers.
Here you can find nearly any used automobile half. Rock Auto is an impartial web site that carries thousands of auto elements. They ship fast and usually, you get the elements in three to 4 days. All the elements of their inventory are new.
How Does Echo Auto Work?
For Amazon, the push into auto elements is seen as the subsequent step to rising its auto business, Amazon Vehicles, an internet platform for customers to analysis on cars, auto elements and accessories, which it launched in 2016. Advance Auto Parts Inc’s shares (AAP.N ) fell 4.2 percent to $164.27, O’Reilly Automotive Inc (ORLY.O ) declined 4 % to $263.13 and Genuine Parts Co (GPC.N ) lost 3.7 p.c to $96. (Reuters) – Shares of U.S. auto half retailers fell sharply on Monday following a report that Amazon.com Inc (AMZN.O ) had set its sights on the $50 billion do-it-yourself after-market auto components enterprise. Amazon Garage enables you to save details about the various vehicles in your household.