Design, manufacturing and distribution efficiencies are making many aspects of automotive engineering more universal. Yet the markets served by the automotive service and repair industry, especially in places like China, have specific needs driven by language and culture.
One of the major steps SPX has taken to better serve the Asian market has been the acquisition of AUTOBOSS Tech, Inc., a China-based manufacturer of diagnostic tools and equipment serving that country’s fast-growing vehicle maintenance and repair market.
Portfolio Expansion Yields Benefits
The addition of AUTOBOSS broadens the SPX product portfolio, adds extensive channel coverage and enhances our global engineering team’s efforts to develop next generation diagnostic tools.
The acquisition has also provided us with access to the code systems used in the electronics of most Chinese manufactured vehicles, increasing our ability to serve the Asia-Pacific market.
It has also increased our R&D capability. We now have approximately 85 engineers in China dedicated to the development of diagnostic tools for the Asia-Pacific market.