FAAS -Forum on Automotive Aftermarket Sustainability

Electrification of Vehicles in Norway: Transforming the Independent Aftermarket Earlier this week I had the opportunity to participate in the FAAS -Forum on Automotive Aftermarket Sustainability Sustainability Day in Stockholm where vehicle aftermarket professionals came together to discuss sustainability in our industry. Electrification of our car fleet might have slowed down, but it will happen. How does this impact the aftermarket? Anders Oxelström from MEKO shared their learnings from Norway. Norway has been at the forefront of the electric vehicle (EV) revolution, with an impressive 82% of new car sales being electric. This rapid adoption of EVs has brought about significant changes and opportunities in the independent aftermarket.   My key takeaways: 🧿 Increased Wear and Tear on Non-High Voltage Parts: EVs, due to their weight and power, experience more wear on tires, suspension, and steering components. This has led to a higher demand for these parts in the aftermarket. 🧿 Brake System Challenges: Unlike traditional vehicles, EVs use regenerative braking, which reduces the use of brake pads but can lead to rust and other issues with brake discs. This has created a new niche for brake system repairs. 🧿 Battery Repairs and Innovations: The battery is a critical and expensive component of EVs. New players in the market are focusing on repairing and refurbishing batteries, addressing one of the most significant concerns for EV owners. 🧿 Technician Training and Certification: With the rise of EVs, there is a growing need for specialized training for technicians. Programs like the A+ certification ensure that workshops are equipped to handle the complexities of EV repairs. 🧿 Digital Solutions and Customer Expectations: EV owners often have different expectations, including seamless digital interactions for booking and service. The aftermarket is evolving to meet these demands with enhanced digital solutions. 🧿 Stable Demand Despite Economic Fluctuations: The need for vehicle repairs remains relatively stable, even during economic downturns. As EVs age and warranties expire, the independent aftermarket is poised to play a crucial role in maintaining these vehicles. The journey of electrification in Norway offers valuable insights for the global market. As we continue to embrace sustainable mobility, the independent aftermarket must adapt and innovate to meet the evolving needs of EV owners. Thanks for a great presentation and for sharing Anders. Many thanks also to all people involved at FAAS -Forum on Automotive Aftermarket Sustainability, CLEPA - European Association of Automotive Suppliers, FIGIEFA - Automotive Aftermarket Distributors and at MEKO that did a great job bringing us all together. #ElectricVehicles #Sustainability #Aftermarket #Innovation #Norway

🚗🛠️🚘🚚A chance to connect and network with top industry leaders in the automotive aftermarket sector. 🚘🚚 ATR International AG’s Jonas Pfleiderer and Alexander Sommer participated in the second edition of the FAAS -Forum on Automotive Aftermarket Sustainability Sustainability Days, to hear from and discuss with industry representatives, experts and stakeholders, on how the automotive aftermarket industry is evolving. Also discussed were insights and guidance on upcoming challenges and solutions in the path towards a more sustainable and accountable aftermarket. The FAAS Sustainability Days, organized by the Forum on Automotive Aftermarket Sustainability (FAAS), took place on Tuesday 26 and Wednesday 27 November 2024 in Stockholm. The conference concluded with a visit to LKQ Europe Atracco, LKQ's vehicle dismantling facility in Uppsala on 28. November. Achieving a sustainable and resilient automotive aftermarket demands a comprehensive strategy that encompasses environmental, economic, social, and technological dimensions while upholding regulatory standards and ensuring customer contentment. Membership in FAAS and the participation at conferences like this are of high importance to ATR. #ATR #WeAreATR #FAAS #Sustainability #FAASSustainabilityDay

𝗪𝗵𝘆 𝗠𝗘𝗞𝗢 𝗶𝘀 𝗼𝗽𝘁𝗶𝗺𝗶𝘀𝘁𝗶𝗰 (𝗮𝗻𝗱 𝗵𝗼𝘄 𝗠𝗮𝗿𝗸 𝗧𝘄𝗮𝗶𝗻 𝗵𝗮𝗱 𝗮 𝗽𝗼𝗶𝗻𝘁) This question sometimes arises: Will repair and service still be needed when all vehicles are electric?   As the author Mark Twain once said, "It’s difficult to make predictions, especially about the future."   However, our experiences in Norway – the world’s most electrified country – have given us concrete insights into what might lie ahead.   Electrification began in Norway in the 1990s and gained momentum in the mid-2010s. Today, nearly 9 out of 10 new cars sold in Norway are electric. We have had operations in Norway for many years and have experienced this development in real time.   So, what have we observed in our Norwegian workshops? Here are some conclusions:   ➖ Increased wear and tear on critical components compared to traditional vehicles, including brakes, tires, axles, suspension, and steering. ➖ More complex repairs requiring advanced expertise, and more hours in the workshop. ➖ Batteries – crucial for an EV’s value – demand service, and new players are entering the market offering these services.   Three indications of the future auto aftermarket business:   ✅ Repairs of EVs seem to be less frequent but more costly – yet still worthwhile for car owners. ✅ Investments and entrepreneurship in the aftermarket are essential to meet new demands. ✅ EVs must remain repairable – a critical requirement for legislators in the EU and beyond. In sum: The development in Norway so far indicates that the aftermarket business could be as significant as before, ultimately benefiting all car owners.   While this transformation is still in its early stages, with some bumps in the road, we believe it’s progressing. At MEKO, we are investing in education, equipment, and new partnerships to meet the development in Norway and to be prepared for continued progress elsewhere.   The secret of getting ahead is getting started, as Mark Twain put it.   It was inspiring to discuss this topic at the FAAS -Forum on Automotive Aftermarket Sustainability conference in Stockholm, where my brilliant colleague at MEKO, Louise Wohrne, Head of Sustainability, is Chairwoman. Thank you for hosting! ⭐

𝗙𝗔𝗔𝗦 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗗𝗮𝘆 𝟮𝟬𝟮𝟰 – 𝗵𝗼𝘄 𝘄𝗲 𝗰𝗼𝘂𝗹𝗱 𝗺𝗮𝗸𝗲 𝗮 𝗺𝗼𝗿𝗲 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 Over the course of three days in Stockholm, leaders and experts from across the automotive aftermarket sector will gather to discuss our shared future, insights and solutions on how to tackle the sustainability challenges our industry faces. MEKO is proud to participate in this event with Anders Oxelström, Director of Communication at MEKO, as one of the keynote speakers and our Head of International Sales Oskar Gibas Hjertquist participating in one of the panels. Louise Wohrne, MEKO's Head of Sustainability and Chair of FAAS -Forum on Automotive Aftermarket Sustainability, highlights the importance of collaboration:  "Sustainability is not just about complying with regulations and guidelines – it’s about transforming our industry into a force for positive change. At FAAS Sustainability Day, we share knowledge and ideas that help us build a circular and responsible future together." Key topics that will be discussed at the event include:  ✅ How to implement CSRD and CS3D in our organizations  ✅ Repair versus replacement – What is the most sustainable option for vehicles?  ✅ Future regulations impacting End-of-Life Vehicles (ELV)  ✅ Opportunities to create business value within the circular economy  Thank you FAAS for a great event. Together, we are shaping the path toward a greener, more sustainable automotive industry. #MEKO #FAAS #Sustainability #AutomotiveAftermarket #CircularEconomy

The final panel discussion of this year's #FAASSustainabilityDay focused on the standardised exchange of ESG-relevant data in the aftermarket value chain. Experts from LKQ Corporation, Bosch, PARTSLIFE and TecAlliance shared their valuable insights on this important topic. We would like to thank all our speakers and guests for making this year's event a success! Stay tuned for more highlights and recaps from the event. #FAASSustainabilityDay2024 #Sustainability #AutomotiveAftermarket #ESG

Another round of inspiring presentations at #FAASSustainabilityDay focusing on the upcoming ELV regulation, decarbonising logistics and business opportunities in the circular economy. After a coffee break, we'll dive into the last panel discussion and summarise the key takeaways from this year's event.

The first part of the FAAS Sustainability Day is complete! A big thank you to our experts for their valuable insights. Let's continue our journey towards a more sustainable automotive future together! 🌱 #FAASSustainabilityDay #Sustainability #AutomotiveIndustry

We're ready to welcome participants to the 2nd edition of the FAAS #SustainabilityDay! Key players from the automotive #aftermarket sector are bringing discussions on the sustainable future of the aftermarket to #LifeCity in Stockholm for an event that is sure to give expert insights and a platform for shared learning. Event info incl. programme here: https://lnkd.in/dp8SBPaX #Sustainabilityday2024 #FAAS #Automotive #Innovation #Stockholm

"Sustainability is important to all of us, both in business and in our private life." 🌿 This is just one of the reasons why I appreciate the automotive aftermarket industry so much. Curious about what exactly FAAS -Forum on Automotive Aftermarket Sustainability is doing for sustainability? Watch the video! 📽️ What do you think? How important is sustainability in your professional and private life? #Sustainability #LikeABosch #FAAS #SustainabilityTalks

Next week, we'll kick off the FAAS #SustainabilityDay in Stockholm! Hear Marion Berger (Saint-Gobain) speak about the event and what FAAS has to offer its growing network of companies committed to advancing sustainability along the automotive #aftermarket lifecycle. See more here: https://lnkd.in/dp8SBPaX #Sustainabilityday2024 #FAAS #Automotive #Innovation