Auto after-sales services booming; companies chase market share

Many companies are chasing the opportunities in China's automotive after-sales services. They've entered and invested.

Revenue from that automotive after-sales services market - which includes car maintenance, parts, modification and renting - exceeded 450 billion yuan ($72.95 billion) in 2013. It's forecast to exceed 766 billion yuan in 2015, according to Chinanews.com.

Growth and profits in the Chinese market remain high, Zhang Jing, an analyst at Essence Securities, said.