News: USA - Bosch: remanufactured car parts, 40% cheaper than new ones
"Vehicle parts traders and vehicle workshops can provide their customers with a cost-effective alternative - with the same guarantee as that of new parts - by offering remanufactured vehicle parts from the extensive Bosch range.
Thursday, 8th October 2009
Above all, those who own older vehicles often ask for exchange replacement parts, as these are thirty to forty percent cheaper than buying new units", Bosch says. Over the last few years, worldwide demand for high-quality remanufactured parts for vehicle repairs has increased, and has continued to rise as a result of the current downturn in global markets. The exchange market in the U.S. now has a share of almost 90 percent. The market segment is also continuing to expand in Europe, and at a considerably higher growth rate than the generally stagnant whole parts market. Compared with manufacturing new parts, remanufacturing used parts requires less energy. In addition to cost efficiency, environmental protection and the conservation of resources are also good reasons to use remanufactured parts in actual cash value-driven vehicle repairs. Starters and alternators, which are classic examples of exchange products, have been remanufactured by Bosch since 1965.
FER warns against engine reman fraud
The Federation of Engine Remanufacturers (FER) has asked the industry to be on the look-out for suspicious engine remanufacturers, after increased fraudulent activity and "sub-standard and unprofessional work".