JINGHONG

The supply of pure brands is tightened, and the rise of brand parts

From the perspective of the performance of the regional market, the sales of auto parts in East China (35%), South China (12%) and Northeast China (19%) are relatively high, and they are the main markets for auto parts in my country at present; while the southwest, northwest, Northeast, North China and other "two west and two north" regions have huge development potential and are becoming a strong demand engine for the development of the auto parts industry.​​

The supply of pure brands is tightened, and the rise of brand parts

Interestingly, the increase in car sales has not expanded the profit margins of car dealers in selling cars due to restrictions on purchases and licenses in big cities, and the increase in competition among car brands in second-, third-, and fourth-tier cities. It is becoming more and more common for 4S shops to sacrifice "complete vehicle profit" for "after-sales profit". With the rising expectations of 4S stores for after-sales profit, it has further promoted the tightening of the external supply of pure-brand parts by car manufacturers and 4S stores, and the opportunity for pure-brand parts to flow outside the 4S store system is greatly reduced. "The problem is gradually "unsolved".​​

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