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In 2013-14, PSA ended its joint venture with General Motors. Thereafter, the aim was to improve operating margins and revenue by 2015-16, and PSA was 'Back in the Race'. It achieved margins above and beyond the targets it had set for itself and chalked out a strategy for the next 6 years called 'Push to Pass'. Push to Pass’ goal was to ride the w...

This research service covers the Class A-G, MPV, SUV vehicles exhaust aftertreatment aftermarket in terms of volume (in million units) and value (€ billion) across Europe. It discusses unit shipment, revenue, average price, distribution channels, and market shares. The base year for this analysis is 2018, and the forecast period is from 2019 to 202...

The research provides an analysis of the vehicle scrappage programs in various countries, with a detailed reflection on five scrappage programs. The aim of this study is to bring out best practices and takeaways from scrappage programs in various countries which would assist other countries planning to formulate and implement a scrappage program. T...

This Industry Docket is an approach to unveil the potential of KSA parts aftermarket across light, medium and heavy vehicles and the key forces behind its future development: including vehicles sales and vehicles in operation changes. Additionally, it provides an insight into existing part distribution structure which will bring value to companies ...

This strategic market insight covers the competitive profiling of automotive eRetailers in the European region. The scope includes major pure play eRetailers in the European automotive aftermarket segment. The focus is on the comparative benchmarking of key eRetailers based on various factors such as revenue, business model, geographic presence, an...

This report covers the automotive service and maintenance contract market in terms of volume (in million units) and value ($ billion) across North America. The key products covered in the study include vehicle service contracts, prepaid maintenance plans, tire and wheel protection and appearance protection. It discusses the unit shipments, revenue ...

18 May 2017  |  Asia Pacific  |  Market Research

Franchising in the Chinese Automotive Aftermarket, Forecast to 2022

Automotive Aftermarket Revenue Forecasted to Reach $281.8 Billion by 2022

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The Chinese automotive aftermarket is likely grow at a strong pace in the next few years from 2017 to 2022. By 2022, it is forecasted that the revenue of the Chinese automotive aftermarket $281.8 billion. Currently, the average age of vehicles exceeds the warranty period (0–3 years). In 2015, the average age of vehicle in operation was 3.3 years. T...