On-demand automotive services with high-level maintenance capabilities (rare in the sector), cheap parts, reliable service in a market used to price opacity, irregular standards.
Why
Popular 4S stores monopoly
4S (sales, service, showrooms, spare parts) stores are expensive to run and charge high profits.
Unpredictable service
More affordable services at China’s many mom-and-pop auto aftermarket shops are often unreliable.
Market
RMB 600 billion–800 billion
Current value of China's auto aftermarket sector; seen to grow to RMB 1 trillion by 2020, with internet/O2O-based businesses rapidly gaining market share.
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