PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1399772
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1399772
After a car is sold, auto parts and equipment are reprocessed, retailed, distributed, and installed by the automotive aftermarket industry. Performance, appearance, collision, and replacement parts are available in the aftermarket. The aftermarket has become more well-known as a result of the adoption of cutting-edge technologies that have led to the digitalization of automotive repair and component sales.
The COVID-19 pandemic has presented a wide range of opportunities as well as challenges for the Italian automotive aftermarket industry. The number of cars on the road dropped precipitously as a result of lockdowns and other measures to stop the virus's spread, which in turn decreased the demand for aftermarket goods and services. When supply chain disruptions and economic uncertainty were combined,