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2014 Report on the Chinese Automotive Distribution Industry and Automotive Aftermarket - Forecasts to 2017

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SOURCE Research and Markets

DUBLIN, June 13, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/xzlssl/china_automotive) has announced the addition of the "2014 Report on the Chinese Automotive Distribution Industry and Automotive Aftermarket - Forecasts to 2017" report to their offering.

http://photos.prnewswire.com/prnh/20130307/600769

In 2013, the sales volume of new cars in China accounted for 80.9% of the total sales (including new cars and second-hand vehicle); the new car sales of dealers occupied more than 85% of their total revenue, while in America over the same period, the sales volume of new cars made up 27.6% of the total, and the new car sales of dealers accounted for 57.1% of the total revenue.

In 2013, the dealers' revenue from second-hand vehicles accounted for less than 3% of their total revenue, and this proportion in the U.S stood at 31.3% for the same period. Therefore, contribution of second-hand vehicles to gross profit of Chinese dealers was obviously inadequate, with gross profit of Chinese dealers from second-hand vehicles in 2013 accounting for 7%; and this figure in America during the same period came to as high as 26%.

In 2013, China's revenue in auto after-sales service sector accounted for a small proportion, at less than 12%, but with larger contribution to gross profit (above 45%). Many dealers has accelerated the transition towards aftermarket, these dealers including PANG DA Automobile Trade and Xianglong Borui, which has provided such service items as second-hand vehicles, finance and insurance.

Key Topics Covered:

1 Automotive Distribution and Automotive Aftermarket

2 Sales Market of New Cars in China

3 Second-hand Vehicle Market in China

4 Overview and Competition Pattern of Automobile Dealers in China

5 China Automotive Aftermarket

6 Majors Automotive Dealers in China

7 Summary and Forecast

Companies Mentioned:

  • Baoxin Auto Group
  • DCH Zhongda Yuantong Group
  • Grand Orient
  • Lentuo Group
  • Pangda Automobile
  • Sinomach Automobile
  • Yaxia Automobile
  • Yongda Auto
  • ZhengTong Auto
  • Zhongsheng Group

For more information visit http://www.researchandmarkets.com/research/xzlssl/china_automotive

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

©2012 PR Newswire. All Rights Reserved.

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