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An automobile component retailer is a type of retail company that offers automotive parts and related accessories online and in physical stores to both individual customers and professional repair facilities.
A technological advancement called automotive digital commerce enables potential automobile purchasers to move effortlessly between online and in-person engagements on their path to purchase.
It also gives sales teams the tools they need to close deals faster and with better client relationships. The manufacturing, distribution, selling, and maintenance of automobiles are all included in the automotive sector.
A business sector made up of retailers, such as new and used car dealers, who get a significant percentage of their income from selling cars. These retailers may also run auto parts and service centres and other associated retail stores as part of their operations.
Any business or individual that produces, sells, leases, services, or rents new or used automobiles including light trucks, motorcycles, heavy machinery, or agricultural implements, equipment, and machinery as well as new or used automobile parts and accessories is considered to be in the automotive retail market.
Mechanical testing, vibration analysis, ultrasonic inspection, data logging, component testing, RADAR ranging, telematics, engine performance and ignition monitoring, CAN communication monitoring, infotainment systems RF, audio, video, navigation, etc., and anti-lock braking are examples of common automotive applications.
Companies selling replacement automobile parts and accessories to consumers and businesses make up the automotive retail sector.
The India automotive retail market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
McLaren will launch its first retail location in Mumbai as it enters the Indian market. McLaren said that it had chosen Infinity Cars as its retail partner in the nation, with the Mumbai shop set. Infinity Cars also distributes brands including BMW, Lamborghini, Porsche, and Ducati.
One among these is the Lamborghini in its Automatic climate control, quality leather materials, power seating, air filtration, power features, performance speakers, and LCD monitors are just a few of the amenities.
Lightly tinted glass, auto-dimming side mirrors, LED brake lights, and specialised headlights are some of the exterior features found.