What are aftermarket companies?
The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to . OEM parts aren’t necessarily better, nor are aftermarket replacements necessarily worse. Some are built to the same quality and specs as the factory-original part. Some are even made by the same suppliers but sold under the supplier’s brand or other private label.Products from an OEM are normally cheaper thanks to economies of scale. As the company partners with others to manufacture goods in large numbers, both the price and production time are significantly reduced. However, you need to verify what you’re getting when you purchase a product from an OEM.OEM Parts Explained As we mentioned above, OEM stands for “Original Equipment Manufacturer”. Should your vehicle require replacement parts due to a mechanical breakdown or a collision, OEM replacement parts will be identical to those installed on your vehicle when it was initially built.OEM parts offer greater assurance of quality than aftermarket parts because they are the same as the parts on new cars and offer the same level of performance. Aftermarket parts, however, vary greatly in terms of quality, so there is a higher level of uncertainty concerning the quality of aftermarket parts.