Innovation, emerging technologies, disruptors, new mobilities – call it what you will, the fact is, the automotive industry is changing at a rapid pace that will invariably influence the aftermarket sector. We are committed to demystifying the new technologies and their possible impact on the aftermarket sector. This report is part of a broader project that is scheduled for this year, where we delve deeper into what these advancements mean for the automotive aftermarket and what would be the best strategies to adopt for your business in this changing climate.
‘The Changing Automotive Landscape: An Introduction’ is FREE for AIA Canada members and for those interested in the automotive industry.
The Trans-Pacific Partnership (TPP) is a yet-to-be-ratified agreement among twelve countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam. Although the Government of Canada has agreed to sign the TPP, there is no guarantee the agreement will be ratified. However, if the agreement is ratified, it will lower tariffs on imported auto parts coming into Canada, lower tariffs on Canadian auto parts being exported to TPP countries, and lower the North American content required in vehicles and parts. It is believed that the TPP will not likely have a great impact on the automotive aftermarket.
In anticipation of the new Liberal government’s review of the TPP, AIA has a prepared a special SPOTLIGHT research piece on the agreement and its possible impact on the automotive aftermarket.