Malaysia’s auto parts traders are asking the government to clarify their position on the new FMCO rules. The association represents both new and used automotive parts, wholesalers, and retailers. The association is pleading with the ministry of domestic trade to define what constitutes “auto parts” and whether it falls under the spare parts sector or FMCO conditions. If the government does not clarify its position, it will be difficult for them to do business.
The best way to find an auto parts supplier is to check out the seller’s profile page on BizVibe. This is a site that connects thousands of auto parts suppliers with potential buyers. The site will also give potential customers access to their store address, phone number, and email address. This way, they can find out what they need and get it quickly. A good seller will have a profile page on the marketplace that includes information about their products and services.
The Auto Parts market is a huge one, with the global market estimated at $1 trillion by 2020. It’s important to understand the market before embarking on a new business venture, as a new company can’t survive on a single product. Luckily, ecommerce has made this process easier than ever. While ecommerce is still a relatively new market for automotive parts, it has already proved to be profitable for many suppliers.
A well-designed website can make the entire process of selling auto parts easier. Adding professional images is essential to create a positive customer experience. Auto parts retailers should consider the shipping requirements for their products. These parts can be fragile, but are generally less expensive to ship. In addition to the site’s content, the auto parts traders must take into consideration shipping costs. The e-commerce platform should also be convenient for consumers. These factors are the driving force behind the growth of the auto parts industry.
If your customers don’t know much about cars or parts, there are many resources on the Internet that can help. In addition to local mechanics, auto parts traders can even drop-off their items at their local mechanic’s. These sites also connect to a variety of shipping options, such as Shipper HQ, Fulfillment by Amazon, and ShipStation. Regardless of your business plan, these three options make online selling easier and more convenient.
In the United States, car parts imports from countries like Mexico, Canada, and Japan account for nearly two-thirds of the entire automobile industry. Mexico and Canada have strong trade relations with the U.S., making them the leading export markets for the auto parts industry. They exported $1.6 billion worth of auto parts from China in 2000 alone, and the trade deficit tripled from $49.9 billion in 1999 to $58.9 billion in 2006.
While this move will certainly increase the costs of imports from China, it’s possible to continue doing business in the country. The auto parts trade association is trying to attract foreign investors by holding trade missions in the US and Europe. The goal of the association is to lure US companies to the country by selling auto parts to the European aftermarket. The PPMA has 65 active members, divided up into large, medium, and small companies. The association’s members range from small suppliers to international companies and exporters.