According
to the organizing committee, more than 40 automakers from home and abroad, such
as Mercedes-Benz, Volkswagen, Peugeot, Citroen, Volvo, Nissan, Honda, Toyota,
BYD, Zhongxing and Brillianceauto, have expressed interest in the exhibition. Some
of them plan to debut their latest series at the show. All this will provide visitors
a perfect opportunity to get a wealth of first-hand information. Auto
fans will even have the chance to test drive. Through
demonstration of driving skills, exhibitors will offer tailor-made services to
buyers. Opinion
polls on automobile after-sale service assessment will be conducted, aiming to
improve industrial service standards. Meanwhile,
price discounts during the event will benefit buyers and help boost on-site sales.
During the
event, government officials, technical experts, entrepreneurs, and representatives
from domestic and overseas trade associations are to hold talks on important issues
in the industry. The
Forum on Development of Chinese Automobile Aftermarket is expected to attract
wide attention from industry insiders. The
automobile aftermarket is targeted at the commodity and service trade incurred
after automobile purchase, covering auto maintenance, repair, and decoration as
well as related banking and insurance services. With
the increasing number of vehicle owners in China, automobile aftermarket is becoming
a booming business in the country. Automobile
owners need to replace overused or broken vehicle parts. People also like to modify
or decorate vehicles to suit their own style. These
are the reasons behind the automobile aftermarket boom. Rather than the limited
options offered by original equipment manufacturers, a wide range of automobile-related
products provided by manufacturers specializing in particular fields cater to
auto fans. Despite
an impressive performance so far, the auto parts sector is currently experiencing
"growth pains." According to experts, some firms ignored market research
and paid a high price for their blind expansion. The
professional forum, as well as other related seminars and lecturers to be held
during the event, will provide constructive suggestions for auto parts production
and sales. Following
the Fourth China Changchun Automobile Fair, a bigger auto event held in the same
city last year, the upcoming auto part exposition will once again put the host
city of Changchun, capital of Jilin Province, in the spotlight. Dubbed
as the cradle of the Chinese auto industry, the city continues to enjoy the distinct
advantages of a skilled workforce and a well-established industrial base. Due
to the city's outstanding strength in auto manufacturing, many overseas automakers
select to set up branches here or enter into partnership with local firms. Through
importing advanced technologies and managerial expertise, local firms too kept
sharpening their competitive edge and now play an increasingly important role
in the Chinese and even the world auto industry. Despite
mounting oil prices, the First Automobile Works (FAW), a leading Chinese industry
player headquartered in Changchun, sold 221,362 FAW-Volkswagen cars to end users
last year alone, according to data posted on the company's website. Driven
by the strong performance of foreign-funded and locally based automakers, the
auto parts sector of the city has also embraced brisk growth in recent years. Statistics
show that the city's auto parts trade exceeded 11 billion yuan (US$1.37 billion)
by the end of 2004, with export volume reaching US$102 million.
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