China's Auto Aftermarket Lures Multinationals
2009-12-25 Source：www.chinabuses.org
www.chinabuses.org: According to the statistics predict that the sales of China's auto market will hit 12 million units by the end of this year. At the same time, auto aftermarket is very hot. Mr. Wang Qinke, a Chinese small business owner, signed a contract with ExxonMobil Corp, the world's largest publicly traded oil and gas company, in 2004 to become a member of the ExxonMobil Esso Oil Change Center. Currently, its revenue reaches more than 500,000 yuan, four times the figure in 2004 before we joined hands with ExxonMobil.
Shell Oil Co also is expanding its aftermarket presence in China. In July, Shell celebrated the opening of its 100th high-end auto service store. Now Shell has 1,200 chain stores in China. According to Shell's reported that the lubricant market demand in China exceeds 5.5 million tons. It plays the second position in the world. The demand in China is estimated to increase by 3.5 percent annually to 2013, making the country as the fastest-growing market.
China's tremendous auto market lures many multinational companies to invest. In order to win the market, good products and professional service are very necessary. As the development of Chinese auto market, more and more companies will compete in aftermarket. Customers will gain the benefit from it.
Views:0Editor：Wei Yu
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