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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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New regulation on car hailing services to boost sharing economy

First, it was the release of new regulation on July 28 to offer legitimacy for car hailing services. Then, it was Didi Chuxing’s acquisition of Uber China on August 1. These events may quite likely to boost the industry that has operated in a grey area and further nurture the

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