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White Paper on China's Automotive Aftermarket
Release time:
2020-05-17 02:05
In 2018, there was a historic turning point in the sales of new cars in China, with negative growth and an unchanged short-term market adjustment trend. The stalling growth of new cars directly led to a decline in profits or even losses among participants in the new car value chain. Players and capital in the industry also gradually shifted their attention to the automotive aftermarket with the increase of domestic car ownership and average car age.
The after-sales maintenance market, as the main field of the automotive aftermarket, has the characteristics of large volume, good growth, and low concentration, thus receiving special attention.
Based on this, Deloitte, in collaboration with the automotive aftermarket brand Superman, has combined practical experience, cutting-edge observations, and research analysis in the automotive field to release the "2019 China Automotive Aftermarket White Paper - Red Sea Market at the Crossroads of New Retail" (hereinafter referred to as the "White Paper"), providing industry readers with insights into the ongoing industry transformation and future trends in the automotive aftermarket.
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