The automotive aftermarket is a growing industry that provides parts and accessories to vehicles, including cars, trucks and SUVs. The automotive aftermarket is the secondary market for automobile parts, equipment, chemicals, and accessories sold as soon as the original equipment manufacturer (OEM) sells the vehicle to the consumer. It consists of manufacturing, distributing, remanufacturing, retailing, and installing these products. Automotive manufacturers are racing into a new world of sustainability and mobility, and technology can help them achieve both.

Why is it important to have ESG?

The abbreviation ESG stands for environmental, social and corporate governance. It is a measurement that takes into account a company's social and environmental impact on the global community. It brings awareness to the different climate issues that are occurring and encourages businesses to adopt practices and policies that are better for the environment. ESG not only helps businesses by attracting a more diverse workforce to bring in new ideas, but it also helps businesses have a greater positive impact on our world.

Read More @ https://astra.grandviewresearch.com/aftermarket-automotive-parts-industry-esg-outlook
 

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