MPA Wins Industry Product Quality Leadership Award
Motorcar Parts of America (MPA) has been honored by Frost & Sullivan with the 2004 Product Quality Leadership Award, for the North American Automotive Starter and Alternator Aftermarket. Frost & Sullivan is a leading growth consulting firm.
Fuel Filter Revenues Dropping
Revenues in the North American fuel filter market were down last year with the market posting negative growth of $129 million in 2003. And, according to the latest research from international consulting firm Frost & Sullivan, those numbers may continue to drop by $115.6 million in 2010. Longer replacement cycles and failure to replace filters regularly have resulted in lower unit shipment demand in the aftermarket. According to Frost & Sullivan Industry Manager Jasmine Sachdeva, there are two factors contributing to this problem — larger fuel filter trap capacities and cleaner fuel, she said.
High Price of Steel Leaves Consumer Feeling the Squeeze
The price of steel has risen substantially over the past few months, and many suppliers to the auto industry are feeling squeezed because they are big buyers of steel, according to a new study conducted by Frost & Sullivan consulting firm.