Quick lubes driving growth in Chinese finished lubricants market

摘要

As the new car market in China accelerates at a brisk pace,Chinese drivers are opting to let someone else do the dirty work of changing the oil.This trend in Chinese car care is driving growth in finished lubricant sales through the quick lubes channel and is creating new opportunities for oil marketers,according to a new study by Kline & Company."Traditionally,Chinese car owners would go to the dealership or buy motor oil at a store and take it to a garage for changing,but as the quick lubes concept becomes more widespread,people are opting for a standardised level of service at a lower price than the car dealerships offer,"informed Mr.Li Wang,Director of Kline's office in Shanghai."Like in the more mature markets in Europe and the US,Chinese quick lube centres offer convenience with the oil included in the price of service,but virtually all locations need to offer extras like car washes and small repairs to make the business profitable,"he added.