Market for autoparts set to grow to £9.23bn by 2002
Key Note has determined that the apparent UK market for autoparts was worth £6.49bn in 1997, which included sales estimates for components used by original equipment manufacturers (OEMs), but excludes the OEMs’ own manufacture of autoparts. Of this total, £4.52bn is accounted for by the replacement market. The market is showing signs of reasonable growth, despite the strong sterling, and is confident for the future.
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