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Physical store operation is blocked, what is the way out for the fastener industry
2018-04
What we see now is that many brick-and-mortar stores are blocked or even closed in various industries. Whether it is because of the impact of e-commerce, or the poor management of physical businesses, or the continuous rise of operating costs.
Federal-Mogul makes a strong entry into the domestic automotive aftermarket
China Automotive Federal-Mogul Strongly Enters the Domestic Automotive Aftermarket Recently, China Automobile Industry Import and Export Corporation and Federal-Mogul Corporation of the United States established a joint venture, China Automotive Federal-Mogul, to enter the domestic automotive aftermarket. It is the first time in China that a central enterprise and a well-known multinational company have joined forces to enter the aftermarket.
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