Aftermarket

Global aftermarket leaders to meet in Montreux at Nexus Business Forum

Leading players in the global automotive aftermarket are to meet in Switzerland next week to discuss key issues that are shaping the future of the industry.

More than 350 delegates from 65 countries will attend the third annual NEXUS Business Forum being held in Montreux from Tuesday to Thursday (21st to 23rd February).

Those attending are members of NEXUS Automotive International (N!), the global alliance of autoparts distributors, and N! approved suppliers.

Over the three days they will hear from 15 guest speakers who will present the latest insights on major topics, including the threats and opportunities around telematics and connected cars. They will also take part in a total of 4,500 N! member-supplier speed date business meetings as well as several interactive workshops.

Gaël Escribe, NEXUS Automotive International CEO, said: “The past year has been extremely positive for the NEXUS Community with progress being achieved at an unprecedented pace around the world and N! now having a presence in 114 countries.

“Within this context, Montreux and the NEXUS Business Forum are more than ever the ideal place for developing relationships, addressing business opportunities, sharing all kinds of developments and being part of a connected, cohesive group that is shaping tomorrow’s aftermarket.

“We look forward to welcoming senior management teams from many of the world’s leading distributors and suppliers to the Forum, which is growing in stature to become a real aftermarket ‘think tank’, where new products, new trends and new players are introduced, where key issues are debated and sometimes challenged.

“Decisions taken in Montreux next week will play an important part in influencing the future direction of the aftermarket, underlining N!s stated aim to be a growth accelerator for progressive companies in the automotive industry.”

Three years intense geographic expansion closes with integration of Nordic Forum

"Its our ambition Montreux .... will be recognised around the globe as the leadership platform for the aftermarket," Gael Escribe, CEO NEXUS.

Three years of intense geographic expansion for NEXUS Automotive International (N!) are drawing to a close with top 10 European wholesaler group The Nordic Forum among the latest members to join.

The Nordic Forum was among six new members in December, bringing the total to a record 105, some 47 of which were recruited during 2016. The Nordic Forum consists of FTZ of Denmark, Inter-Team of Poland and Hellanor of Norway. As well as traditional wholesale, it is active in e-commerce through its companies Iparts and Ucando.

N! CEO Gael Escribe said: “It has been a truly amazing year, with powerful growth giving us a presence in 113 countries. Two new regional organisations were also created, NEXUS Automotive Algeria and NEXUS North America, and two additional ones, NEXUS Automotive Brazil and NEXUS Automotive Central Europe, are about to be launched.

"Our first three years were devoted to the development of the N! network and to a very intense geographic expansion, with the objective to be a growth accelerator for progressive companies in the automotive industryAt our 2017 N! Business Forum in Montreux new priorities will be disclosed for the next three years in direct response to what is a fast-evolving, ever more demanding and consolidated automotive aftermarket.

They will include education, which began with the launch of the N! Academy School aimed at helping managers within N! member companies to be much better prepared for future market trends. The first School took place in Geneva (28th Nov to 1st Dec) and saw purchasing managers from 60 companies from around the globe discussing and updating their knowledge on safety and environmental issues.

Hosted by the European Institute of Purchasing Management, it included presentations from six N! strategic suppliers - BOSCH, SKF, ZF/TRW, EXIDE, MANN+HUMMEL and VALEO. It also provided the opportunity for delegates to exchange best practice and further develop relationships between members and suppliers.

Gael said the 2017 N! Business Forum (21st to 23rd Feb) will be ‘even more original and interactive’ than the previous two, with leading experts discussing major industry topics and high level workshops providing greater involvement for delegates, as well as the normal speed-date business networking.

He concluded: “It is our ambition that Montreux, within three years, will be recognised around the globe as the leadership platform for the Automotive Aftermarket, a date on the calendar that our industry looks to for insight, innovation and inspiration.”

Nexus achieves €10 billion turnover - now present in 100 countries

CEO Gael Escribe: " Wherever you come from in the world, NEXUS’ ambition is to be the ‘business catalyst’ of the aftermarket.” 

Geneva, September 2016

Major automotive aftermarket alliance NEXUS Automotive International (N!) has continued its global growth and achieved a record €10 billion in consolidated group turnover.

The figure is €1 billion ahead of expectations outlined in February, when it was hoped to reach €9 billion by the end of 2016.

The milestone will be announced by N! CEO Gael Escribe as member companies from more than 100 countries are due to meet ahead of Automechanika Frankfurt for two days of business ‘connecting’.

Gael said: “Our vision for Nexus’s place in the global aftermarket is to be a leader and reaching this landmark figure of €10 billion is a major step towards that. Nexus has been in existence for only two-and-a-half years but through the collective efforts of all in the N! Community we have achieved so much.

“With N! members in more than 100 countries and 60 global supplier contracts in place, Nexus has the world-wide reach, collective strength and credibility to fulfil our vision of bringing innovation and entrepreneurship on an unprecedented scale to the aftermarket.

“From Sao Paulo to Johannesburg, Birmingham to Barcelona, Dubai to Shanghai, wherever you come from in the world, Nexus’ ambition is to be the ‘business catalyst’ of the aftermarket.”

N! will shortly take a big step forward in China with the establishment of its Chinese representative office in Shanghai. The office will enable N! to be closer to its members and suppliers, facilitate future co-operation and respond quickly to the needs of the China market.

The local team in Shanghai will be supervised by Bas Donders, N! Marketing and Sourcing Director, who has 25 years’ industrial experience.

Gael added that while new membership opportunities would continue to be sought in fast-growing markets, the focus would increasingly be on developing business and projects with existing N! members.

Also, having reflected on the vision and objectives of N!, it had been decided not to renew the co-operation agreement with N! Alliance Russia beyond 31 December.

In the meantime, some 140 N! participants will meet in Frankfurt for the latest round of N! Connecting Days (12, 13 September) during which they will explore opportunities to develop new business between them.

Gael said: “At the end of the day, Nexus is about creating value for our members. It’s pleasing to see a recently published study shows four out of the top five champions of growth in the French aftermarket were all Nexus members, as were six out of the top seven for champions of productivity. We would say that’s no coincidence.”

AMN Global coverage.