Global automotive parts remanufacturing industryThe automotive remanufacturing sector is changing rapidly. In addition, the Malaysian automotive business also stands to achieve from the possible provided by market place-liberalisation initiatives under the Free Trade Agreements that Malaysia has signed with nations beyond ASEAN. The Trans-Pacific Partnership Agreement, for instance, is set to come into force in two years. The TPPA’s membership comprises 12 nations, such as Malaysia, with a collective population of about 800 million and which account for 40 % of world trade. For Malaysian exporters, the TPPA facilitates access to many new markets with which we currently do not have a Totally free Trade Agreement. These markets consist of the United States, Mexico, Peru and Chile.

In the European Union for over decade the End-Life-Automobiles (ELV) directive is shaping the automotive sector aftermarket method. Poland is an instance of the emerging market place country which joint European Union, when … READ MORE ...