Motor vehicle parts suppliers generate a total direct and indirect employment impact of 4.26 million jobs, up nearly 18 percent since 2012.
The stability and highly integrated North American supply chain has also been particularly beneficial to suppliers, contributing to growth in both jobs and investments in the United States.
The U.S. aftermarket includes the manufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, tools, equipment, technologies, and accessories.
AASA manages several councils and committees that oversee policy issues affecting the many different sects of the aftermarket industry, including brake manufacturing, intellectual property and mobility technology.
AASA supports aftermarket suppliers and their drive to move business forward by providing industry analysis and strategic insights for business planning, engaging in meaningful government advocacy initiatives, organizing international and domestic professional conferences and peer councils, and conducting global outreach in growing markets.
The division also manages several events throughout the year, the largest being the Automotive Aftermarket Products Expo in Las Vegas, Nevada.
Membership includes North American suppliers in the global on- and off-highway equipment OEM[clarification needed] and aftermarket sectors.
HDMA launched a variety of councils since its initiation to address policy issues impacting the commercial vehicle industry.
This event delivers critical information by identifying the toughest emerging problems in the heavy duty aftermarket industry, as well as sharing the most successful strategies being implemented to counter them.
The annual executive conference is designed to bring together all stakeholders in the heavy duty aftermarket independent distributor channel.
MEMA’s Supplier Advocacy Network Day provides HDMA members access to high-ranking government officials, key elected officials and staff, and federal agencies through a two-day program including policy briefings, networking opportunities, and congressional visits.
Examples of goods that can go through the sustainable manufacturing process include vehicle parts, aircraft engines, magnetic resonance imaging machines, electronic modules, and mobile phones.
Sustainable manufacturing is destined to play a more vital role in advancing a global circular economy, and the remanufacturing of existing products should occur before traditional recycling.
Cornerstone OESA events provide OEM engagement opportunities, advance international and government relations and address member-relevant and industry-relevant issues.
Quarterly meeting agendas are member-driven, and content is developed to assist members with strategies to maximize and diversify top-line revenue, optimize operating costs and share best practices.
OESA also generates council-requested surveys to identify best practices and address the concerns that directly impact functional roles at supplier organizations.
Results are distributed to vehicle manufacturers, financial institutions, governmental officials and the media to provide an on-going profile of the trends in the supplier industry.