Industry / China
After-Sales Market Makes China A Win-Win For Suppliers
December 2010 | Industry Trend AnalysisA growing after-sales market in China means that automotive suppliers are still ploughing investment into the country, even as BMI expects sales growth to slow from 45% in 2009 to 28% in 2010 and 17.8% in 2011. Rising car ownership, an increased focus on quality and the potential for more consumers to hold on to existing vehicles are generating demand for replacement parts and attracting some of the industry's biggest
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