Aftermarket Auto Parts Firms Eye Huge Market

12 September 2008

New laws in China will enable thousands of automotive aftermarket companies to sell products there legally, according to the Diamond Bar-based Specialty Equipment Market Association.

 

Founded in 1963, SEMA is a trade association representing the $38 billion-a-year automotive specialty-equipment industry.

 

"Legal uncertainties have been a major deterrent to our members' participation in the growing Chinese automotive market," said SEMA Chairman Jim Cozzie. "This pro-industry amendment sends an important signal to Chinese consumers and SEMA members that car personalization is legal and welcomed by the government of China."

 

Source : english.chinabuses.com

Editor : Ida

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Tags: Auto Parts Market

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