US auto strike benefits aftermarket supply chain

Strikes at General Motors, Ford, and Stellantis plants are impacting the OEM market and changing consumer purchasing behaviors. Taiwan-based powertrain manufacturer, Tsang Yow Industrial, predicts that this will lead to increased sales in the aftermarket (AM) and original equipment supplier (OES) markets. Tsang Yow expects better gross profit rates and profitability in these markets due to an updated pricing strategy and disposal of a loss-making plant. Despite strikes causing significant losses for automakers, Tsang Yow hopes to offset the impact by increasing deliveries to AM and OES customers in the fourth quarter.

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Frequently Asked Questions

Q: What is the benefit of the US auto strike to the aftermarket supply chain?

A: The US auto strike benefits the aftermarket supply chain. [Source: DIGITIMES]

Q: When did the US auto strike benefit the aftermarket supply chain?

A: The US auto strike benefiting the aftermarket supply chain was reported on October 13, 2023. [Source: DIGITIMES]

Q: Where can I find more information about the US auto strike benefiting the aftermarket supply chain?

A: You can find more information about the US auto strike benefiting the aftermarket supply chain in the DIGITIMES article titled "US auto strike benefits aftermarket supply chain." [Source: DIGITIMES]