China Moves into Aftermarket Era; Latest Report Highlights Opportunities and Challenges in China’s Expanding Automotive Aftermarket, According to IHS and Technomic Asia

Dateline City:
SHANGHAI, China

SHANGHAI – September 7, 2015 – Sales of parts and service in China’s light passenger vehicle aftermarket reached an estimated US$109 billion (RMB 676 billion) in 2014, driven by strong expansion and continued aging of the vehicle population, according to the latest research conducted by Technomic Asia and IHS Automotive. The report, titled “A Strategic Assessment of China’s Light Passenger Vehicle Aftermarket” is now in its ninth edition.

Language:
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