Chinese auto aftermarket to increase 13.8 percent annually

摘要

The Freedonia Group Inc., Cleveland, has released its "Automotive Aftermarket in China" study that reports the aftermarket for light-vehicle components and parts in China is projected to increase at an annual rate of 13.8 percent, reaching 40 billion yuan (about 4.9 billion dollars) in 2009. The study reports that China's light-vehicle parts aftermarket will experience dramatic levels of growth driven by high rates of new light-vehicle sales. The growing wave of modern vehicles is having an outsized effect in shaping China's rapidly expanding light-vehicle park and will provide additional aftermarket parts sales opportunities because of high vehicle content levels and the introduction of new emissions control technologies.