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China Auto Aftermarket 2011 Report Highlights

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This is a highlight of the Technomic Asia 2011 annual report on the China Auto Aftermarket and parts. To see more details visit www.technomicasia.com/auto

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China Auto Aftermarket 2011 Report Highlights

  1. 1. A Strategic Assessment of China’s Light Passenger Vehicle Aftermarket6th Edition<br />Summer 2011<br />
  2. 2. China Auto Market Forecast<br />(Units)<br />AAG =8%<br />AAG = 27%<br />AAG = 27%<br />
  3. 3. VehicleParc Forecast <br />Forecast of China’s Light Vehicle Parc--2002 to 2015<br />Units – 000s<br />
  4. 4. VehicleParcby Age<br />2010 China Vehicle Parc by Age<br />2015F China Vehicle Parc by Age<br />Sedans<br />Buses<br />
  5. 5. Aftermarket Growth Outlook<br />Growth Outlook for China’s Light Vehicle Aftermarket: 2010-2015<br />RMB mm<br />In RMB millions – rounded<br />Constant 2010 value<br />
  6. 6. Supply Chain Structure<br />Distributor focus<br />Garages<br />China border<br />Local <br />Suppliers <br />Retailers<br />1st Tier Distributors<br />Importers/<br />Agents<br />Foreign <br />Suppliers<br />2nd Tier Distributors<br />Consumers<br />Auto. OES<br />4S/3S Shops<br />Conventional Flow of parts<br />Alternative Flow of parts<br />
  7. 7. Opportunities & Challenges <br /><ul><li>Strong and steady growth
  8. 8. Higher quality vehicles evolving
  9. 9. Mostly private customers
  10. 10. Fragmented competitive environment (no dominant players/brands)
  11. 11. Fluid supply chain structure offers multiple options to participate
  12. 12. Increasing market order
  13. 13. Development of service sector
  14. 14. Price competitive with margin stress along much of the value chain
  15. 15. Unstructured/fragmented distribution
  16. 16. Weak appreciation of branding
  17. 17. Fragmenting model base with limited scale for most vehicle groups
  18. 18. Counterfeits and corruption</li></ul>Positive Factors<br />Negative Factors<br />

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