The Automotive industry as a whole is living through systemic changes and challenges at an unprecedented pace. Technological developments in vehicle components, together with the exponential rate of its connectivity, are making manufacturing, driving, and repair and maintenance a different reality. At the same time, e-mobility solutions and the deployment of Electric Vehicles, as well as the arrival of an entirely new kind of engines and parts deeply impact the entire automotive ecosystem. One crucial part of the industry is navigating these changes with steady force and leading in innovation and circularity practices: the Independent Aftermarket (IAM).

In the current geopolitical incertitude, rising trade wars and protectionism, the European Commission has established as one of its main priorities for the starting mandate the reinforcement of the automotive industry and European companies' competitiveness.

In this context, the IAM in general and parts distribution and wholesaling in particular, represented by FIGIEFA, call on a holistic approach of the entire automotive ecosystem for this Action Plan and future European legislation. The Roland Berger Aftermarket Panorama study that will be presented at this event will show the extent to which the IAM is capital in driving the sector and the whole industrial competitiveness for Europe, together with an unmatched economic and societal impact.

In the aftermath of the publication of the European Commission Automotive Industrial Action Plan released on the 5th of March, we will assess what is ahead of us by bringing the voice of the IAM industry, consumers, and policymakers together. We will discuss the strengths of the plan, important missing elements, and how the Independent Aftermarket is a key part of the industry that needs to be in the core of the European institutions strategies if they want this plan’s objectives to be achieved.