Competition in Spare Parts Has Yet to Benefit Drivers

Prices for chassis parts have fallen, cutting costs for insurers and leasing companies but not consumers.

New signs of change are in the air in the market for spare car parts. Importer Delek Motors has dropped its prices for Mazda 2 and Ford Focus spares by 58% and 48%, respectively. At Colmobil, importer of Mercedes and Hyundai cars, front wings for Hyundai Accent are now going for 45% less than they were last January, while Telcar has dropped the costs of Daihatsu Sirion spares by 50%.