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- China Car Aftermarket Market Report 2024
China Car Aftermarket Market Report 2024
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Competition in the car aftermarket is intensifying as monopolies gradually break up and internet car maintenance platforms join the fray. More and more aftermarket products and services are coming to the forefront, heralding the start of the 'new retail' era for the car aftermarket.
Keiyou Wang, Director, China Insights
The car aftermarket is defined as the products and services offered in response to the activity of consumers after purchasing a car. In this Report, this includes car maintenance, repair, detailing and sales of accessories. It excludes commercial vehicles, car financing products (eg car loans and leases), the second-hand car market and car insurance.
‘Cars’ in this report are defined as passenger cars for private individuals. These are further categorised into fuel cars, plug-in electric hybrids (PHEVs) and battery electric vehicles (BEVs).
This Report covers 3,000 car owners aged 18-59 who purchased a car within six years and are responsible for car maintenance, and investigates trends and changes in their attitudes and behaviour in relation to the car aftermarket. Among them, there are 2,383 fuel car owners, 326 PHEV owners and 291 BEV owners.
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