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Rising Opportunities in China’s Automotive Independent Aftermarket

Introduction China’s automotive industry has entered a new phase where new car sales growth decelerates, while the car population expands and the average car age increases. This brings enormous opportunities for expansion of the independent aftermarket. In this article, we examine the complexity of China’s independent aftermarket including the distribution

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Rising Opportunities in China’s Automotive Independent Aftermarket (II)

Introduction China’s automotive industry has entered a new phase where new car sales growth decelerates, while the car population expands and the average car age increases. This brings enormous opportunities for expansion of the independent aftermarket. In this paper, we examine the complexity of China’s independent aftermarket including the distribution

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Reasons behind Audi’s partnerships with Chinese tech giants Baidu, Alibaba and Tencent

Volkswagen’s luxury car unit Audi has agreed to deepen collaboration with Chinese internet giants Baidu, Alibaba and Tencent (known as BAT) to offer more digital services in its largest global market. On September 11, Audi China and the brand’s joint venture FAW-Volkswagen signed tripartite memorandums of understanding (MOUs) with BAT

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The explosive growth opportunity in China’s automotive aftermarket

A slower “new normal” growth pattern in recent years is a major concern for automakers and suppliers who depend on China for growth. However, unit sales remain at record highs, and the car population continues to expand at double-digit rates annually. In addition, the average age of the vehicle population

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Chinese brick-and-mortar will dominate Internet in the next five years

“At least in the next five years, the growth of brick-and-mortar industries will eclipse that of online industries,” Jingdong Group CEO Richard Liu was quoted as saying by local media reports of the recent annual meeting of China Entrepreneur Summit in Beijing. “If we insist on discussing the height

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Aftermarket heats up as new car market cools

China’s new vehicle sales have hit a wall but activities in the aftermarket have been growing tremendously, thanks to evolving e-commerce technologies. On September 15, online C2C used car transaction platform www.guazi.com, affiliated with 58ganji, China’s largest online classified ad portal, announced to invest ¥1 billion ($157 million) over the

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Auto e-commerce is about online-offline integratio

BEIJING – Automotive e-commerce is not simply online business models taking over or disrupting traditional offline activities, but rather the integration of the two, according to executives of several automotive e-commerce platforms at the 2015 China Internet Auto E-Commerce Summit held in Beijing on September 13. The Summit was organized

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Alibaba-dealer tie-up to drive up sales

The strategic cooperation between Alibaba’s auto business unit Alibaba Auto and Shanghai Yongda Automobile Group puts the spotlight on new ways vehicles are sold in China. One of the biggest dealer groups in China is banking on utilizing China’s largest online merchandize portal to drive up automobile sales in response to

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Auto e-commerce needs to balance online/offline interests

GUANGZHOU – Automotive e-commerce needs to balance the interests of online platforms and offline channels, according to several executives who spoke at Voices of the Future – Golden Age of Auto E-Commerce, a forum held by Sina Auto (auto.sina.com.cn) on November 18 discussing the current status and future prospects of

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