Yu Yuanzhang: It is inevitable for the development of auto aftermarket

I am very pleased to participate in the launching ceremony of "China's Auto Aftermarket Trusted Brand Certification Platform" today hosted by Gasgoo.com. On behalf of the China Automobile Dealers Association, I would like to congratulate the smooth start-up of the platform. At the same time, as a support unit, I also attend the meeting. Ladies and gentlemen, sincere respect.

As we all know, as one of the pillar industries of China's national economy, the automobile industry has achieved China's status as a major automobile country in the rapid development of previous years. In 2011, due to the world economy and China’s macro-control policies, stimulating auto consumption policies, the first-tier cities restricted purchases, license restrictions, and blockage and other factors, China's auto market has undergone major changes, that is, the rapid development of the previous two years has returned to Rational low-speed growth. According to data just released, China's auto sales in 2011 were 18.5 million, an increase of only 2.45% year-on-year. At the same time, with the vigorous development of China's auto market, the rapid growth of car ownership, consumer enthusiasm, the individual needs of the car will continue to show a strong state, the car market potential is gradually highlighted, and has been rapid development. . Relevant data show that in 2005 China's "auto aftermarket" turnover was 88 billion yuan, which rose to 240 billion yuan in 2009 and is expected to increase to about 490 billion yuan in 2012, with a compound annual growth rate of 26.9%. After-sales service profit is 3 times of the vehicle sales profit. Due to the vast space for “aftermarket” services such as automobile repairs, maintenance, services, and necessary spare parts, supplies, and materials, and the huge return on profits, coupled with consumer preferences for personalized consumption, the expansion of automotive aftermarket services is the development of the automotive market. The inevitable is the common demand of car manufacturers, distributors and consumers.

At present, China's auto aftermarket service is still in its infancy. Although it has developed rapidly, it still has some problems. For example, the industry is not satisfied with after-sales service, regulations and standards need to be improved, the market needs to be regulated, etc., and we need to constantly improve and resolve in the development. In order to improve the services in the entire automotive distribution field, and in accordance with the development of the industry, the China Automobile Dealers Association has continued to transform and innovate. It has established the Marketing Research Subcommittee, the Used Car Professional Committee, the Automobile Physical Market Chapter, the Auto Club Chapter, and the Auto Beauty Decoration. Professional committees and supplies, imported auto work committees, automotive and parts import and export professional committees and other seven branches. At present, the institutional setup of the association covers almost the entire automobile distribution service chain. In order to strengthen the guiding role in the automotive aftermarket, standardize the market order, and improve consumer satisfaction, as the director of the Automobile and Components Import and Export Professional Committee of the China Automobile Industry Association, the Gasgoo Brand Research Center has launched the “Africa aftermarket trusted brand”. "Authentication platform", which will play a very good role in the purification, promotion, and standardization of the automotive aftermarket, which will help boost the healthy and orderly development of the industry. China Auto Circulation Association will also work with its colleagues in the industry to make unremitting efforts for the sustained, healthy and stable development of the post-market, and jointly promote the healthy and orderly development of China's auto aftermarket and automobile circulation industry.

Finally, I wish the "China Post Market Trusted Brand Certification Platform Launch Ceremony" a complete success!