Operation status of auto parts industry

The automobile industry has led to the development of many industries, such as automobile beauty, automobile repair, automobile supplies, and so on. What is the current situation of the auto parts industry? Where will the future go?

Auto parts is an essential after-sales service industry for automobiles. The market capacity is very large, but with the increase of the scale, many of them have been gradually eliminated by the market. The scale and high-speed development of the automobile market, through the Internet, has obvious advantages for the mobile Internet business platform, such as the combination of online transaction and offline service provided by automobile service companies, and the Internet plus mode invades and subverts the whole auto parts industry.

Traditional auto parts operators are faced with unprecedented challenges and fewer market shares. Why? The development of the auto parts industry from the original state-owned enterprises to the traditional wholesale and retail trade and then to today's e-commerce platform model, business models emerge in endlessly. With the changing environment, the traditional auto parts enterprises have to change themselves. To adapt to changes in the market and environment, online and offline mode of integration is an alternative profit model.