An audience of 300-plus participants, including more than 100 buyers from the Chinese aftermarket, attended the Automotive Aftermarket Summit 2018 on Nov. 29 in Shanghai to gain insights from leading automotive aftermarket executives into China’s fast-growing aftermarket sector. The day-long event was co-organized by AASA and Messe Frankfurt.
“Attendees at this year’s Aftermarket Summit were very positive in their feedback about the event and the value of the presentations and discussions,” said Paul McCarthy, MEMA senior vice president and AASA executive vice president. “Our strong agenda of subject matter experts made this year’s Summit one of the most successful in the event’s history.”
Among the sessions rated highly by attendees were:
- A comprehensive comparison of aftermarket services in the China – U.S. markets by Lang Xuehong, deputy secretary general of China Automobile Dealers Association and Director of Industry Coordination
- Philippe Thegner, general manager of Hella Trading (Shanghai) Co. and an Executive Committee member of the AASA China Aftermarket Forum (CAF) who presented an in-depth analysis of the megatrends that will impact China’s aftermarket
- Zhao Bing, head of Eurorepar strategy and purchasing of PSA (Shanghai) Management Co. LTD., shared how this OEM is developing its independent aftermarket business
- Lively panel discussion moderated by Ricky Wang, vice president and general manager of Brake Parts Inc. APAC and CAF Executive Committee member, examined the aftermarket and channel development trends in China versus Europe and the United States
Much of the Summit’s afternoon panels and presentations were devoted to outlining the differences and impacts of e-commerce between the U.S. and Chinese markets; the development of service chain stores; the different modes of supply chain platforms; and how Big Data can be a powerful tool to better manage aftermarket businesses.
Members of AASA’s CAF, who are executives with top aftermarket suppliers responsible for their company’s China operations, and representatives from Messe Frankfurt created the Summit’s compelling agenda.
The Automotive Aftermarket Summit 2018 also was supported by the China National Machinery Industry International Co. and Hangzhou Juqi Network Technology Co.