Article Title: Automotive Aftermarket to Hit $10.6 Billion in China
By: Adrienne Selko
Publication: Industry Week, 1/18/2008
Freedonia Study: Automotive Aftermarket in China to 2011 (2262)
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The aftermarket for light vehicle components and parts in China is forecast to increase at an annual rate of 17.9%, reaching 76.9 billion yuan (US$10.6 billion) in 2011, according to the Freedonia Group. The prime driver behind the strong growth in China's light vehicle parts aftermarket . It has grown more than 16% annually since 2001, according to the report.
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