Auto Parts Exports Business

Auto Parts Exports Business Success Stories [2024]

Pat Walls

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Updated: October 7th, 2024

Looking to tap into the global market for automotive parts? Consider starting an auto parts exports business. This venture centers around sourcing and shipping high-demand car components to markets where they're needed most.

The auto parts industry has a vast range of products, from engines and transmissions to smaller items like filters and brake pads. By identifying key markets and forming relationships with reliable suppliers, you can carve out a lucrative niche.

Running an auto parts exports business demands a keen eye on logistics, customs regulations, and quality control. The work involved includes researching market trends, negotiating with suppliers, and managing shipping processes.

However, the payoff can be significant. The growing global car market means there’s continual demand for parts, offering steady business opportunities. This idea appeals to those interested in international trade and the intricacies of the automotive industry.

In this list, you'll find real-world auto parts exports business success stories and very profitable examples of starting a auto parts exports business that makes money.

1. Elaphe Propulsion Technologies Ltd. ($14.4M/year)

Gorazd Lampič, the founder of Elaphe, was initially pursuing a career in astrophysics when he came across an article about Andrej Detela's vision for in-wheel motors for electric vehicles (EVs). Intrigued by the potential impact of this technology, Lampič reached out to Detela and the two quickly began working together. Now, 20 years later, Elaphe has become a leading provider of in-wheel propulsion systems, working with major carmakers and achieving impressive financial success with a turnover of €15 million and €4 million in EBITDA in 2021.

How much money it makes: $14.4M/year
How much did it cost to start: $10M
How many people on the team: 150

My Car Tech Startup Just Reached $14M/Year

Elaphe Propulsion Technologies has revolutionized the electric vehicle industry with their in-wheel electric motor technology that can accelerate a vehicle from 0 to 100km/h in just three seconds, enabling carmakers to design truly user and mission-focused cars and work with all of the key traditional and new carmakers.

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2. Panther RV Products ($4.8M/year)

Ethan and Jacob Sweet started Panther RV Products with the guidance and financing of their father Richard Sweet, who was already running an RV repair shop. They initially sold RV parts on eBay and gradually transitioned to selling hard-to-find RV products from Europe, setting themselves apart from competitors. After years of growth, they now generate an average monthly revenue of $400K and plan to manufacture their own campervan-specific parts.

How much money it makes: $4.8M/year
How much did it cost to start: $10K
How many people on the team: 12

How We Started A $400K/Month RV Products E-Commerce Store

Panther RV Products generates an average monthly revenue of $400K by selling a variety of campervan parts to outdoor enthusiasts and small businesses outfitting cargo vans, with a focus on hard-to-find parts for campervans, while providing technical knowledge to customers that their competitors lack and using Google Ads and SEO to drive sales, and the company has plans to start manufacturing their own products for campervan customers.

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3. AVTOPRO ($540K/year)

In a communal apartment in Odessa, Evgeny Alyanchikov and friends turned their classic web studio into a major marketplace, Avto.pro. By 2021, over 5,000 stores in Ukraine sold automotive products worth $105 million through their platform.

How much money it makes: $540K/year
How much did it cost to start: $35K
How many people on the team: 50

How Two Friends Built A $540K/Year Marketplace For Automotive Products [Ukraine]

Avto.pro is a leading Ukrainian marketplace for auto products that sold goods worth $105 million in 2021, with the potential to become a new Unicorn, by providing unique solutions that digitize the market, optimize logistics and trade chains, rebuilding relations between car owners and service stations, and introduce simplicity and transparency to the process for the client.

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