In conjunction with the first 2016 meeting of the China Aftermarket Forum (CAF) in Shanghai, the Automotive Aftermarket Suppliers Association (AASA) continued its dialogue with the European Union Chamber of Commerce (EUCC) in China, to collaborate on a common global industry position regarding the opening up of the independent aftermarket in China.
“The distribution of auto parts, as well as vehicle repair service, can be significant contributors to employment and gross domestic product as China shifts to a more balanced economic model,” said Bill Long, AASA president and chief operating officer. “AASA is working on behalf of its supplier members to reinforce the importance of opening up the aftermarket business as a key aspect of the government’s drive to shift the economic model.”
“The new rule book is being written in China to ensure an open repair market and move away from the OEM-dominated model of the past,” said Jay Burkhart, AASA chief strategy officer. “AASA is working hard in China to monitor the regulatory process and, where possible, shape new guidelines for the aftermarket. As part of this effort, we have developed a strong collaborative relationship with the Auto Components workgroup of the EUCC in China.”
To view AASA’s video update from the CAF meeting, click here.
As a nation, China is transitioning now from an economy driven largely by manufacturing and construction to one that also includes a growing service and consumer sector.
The first 2016 meeting of the CAF was held in Shanghai, with local top executives. In addition to discussion of new distribution models, agenda topics included planning for this year’s Automechanika Shanghai, which is scheduled from Wednesday, Nov. 30 to Friday, Dec. 2, and the AASA China Aftermarket Summit, set for Thursday, Dec. 1