FOREIGN PLAYERS AGGRESSIVELY TRYING TO GET A PIECE OF
THE AUTO SERVICING MARKET
Especially in the Fast-fit Segments•Already set up over 150 auto service stations in China•Target set up 1,000 Bosch service stations by 2010•Biggest auto service and auto parts chain company in Japan•Investing US$30 million in JV with the Shanghai Pai-An Group to enter the China market•Plans to construct a logistics center in Panyu, Guangzhou•Selected 4 cooperation partners in Guangdong •Plans to open its first direct sales shop (16,500 m2) in Shanghai•Plans to open 200 fast repair shops in Shanghai and other citiesin China over the next 2-3 years•SAIC announced US$30Mn JV with Shell to enter auto maintenance and repair services•Initial launch of quick-lube service33