GAP
Hong Kong 2003
TABLE OF CONTENTS
SECTION
1 - EXECUTIVE SUMMARY................. 5
Table 1 Market at a
glance in Hong Kong in 2002..... 5
Car sales and parc size....... 5
Numbers of and main
players.. 5
Aftermarket (parts and
services) 5
Changes 5
Currency 6
Date of research 6
Data conflicts. 7
Definitions total
aftermarket.......... 7
Definitions parts¡¦
aftermarket.......... 7
Definitions OE parts
and OE channel.. 7
Definitions non-OE
parts and non-OE channel.. 7
Service aftermarket
types of outlets covered. 8
Typical types of
outlets... 8
Terms used...... 8
SECTION 2.11 CAR SALES..... 9
Table 2 Car sales new
and used (units)............. 9
Table 3 Car sales new
and used (value HK$).... 9
Current sales...... 9
SECTION 2.12 CAR PARC..... 10
Table 4 Size and
evolution of car parc (1997-2002).. 10
Table 5 Cars
decommissioned 2000-2002... 10
Car decommissioned. 10
Car parc age/fuel type
- changes 10
Table 6 Vehicle parc
breakout by category (2001) 11
Table 7 Car parc age...... 11
Table 8 Car parc fuel
type (2000-2002).. 12
Table 9 Vehicle parc,
fuel type (2002) 12
CAR MAKERS............... 13
Table 10 Cars sales,
ranked by car makers (2002) 13
Table 11 Car sales
high-end models 2002... 14
High-end car market 14
The top stolen makes. 14
SECTION 2.13 REGULATORY
ENVIRONMENT.... 15
Stringent regulations........... 15
Congestion......... 15
Regulations ¡V
roadworthiness tests........... 15
Table 12 Tax rates on cars 15
Rising taxes... 15
Regulations emissions........... 15
Regulations and fuel
conversion......... 16
Regulations
End-of-Life-Vehicles........... 16
SECTION 2.2 THE PARTS
AFTERMARKET..... 17
Table 13 Parts
aftermarket key data.... 17
SECTION 2.21 PARTS
PRODUCTION......... 17
Table 14 Number of auto
parts manufacturers in Hong Kong.. 17
Data conflict 18
Table 15 Auto parts
components manufacturing..... 18
Table 16 Hong Kong
based auto parts¡¦ manufacturers, ranked by turnover........... 18
STRUCTURE OF PARTS
DISTRIBUTION TO AFTERMARKET..... 19
Distribution structure
to aftermarket........ 19
Table 17 The four
leading OE parts¡¦ distributors......... 19
Parts¡¦ distributors......... 19
Table 18 Paint aftermarket ¡V largest players 20
Parts¡¦ distribution and
the regulatory environment........ 20
SECTION 2.3 NOT-NEW
PARTS MARKET............... 20
Remanufactured parts... 20
Salvage operators........... 20
SECTION 2.4 INSURERS
AND FLEET OPERATORS.......... 21
Table 19 Car insurer
sector - key data........... 21
The insurer industry in
Hong Kong.. 21
Insurers and repair
market 21
Table 20 Car insurers¡Vtop 5 ranked gross premiums........... 21
Fleet operators and
service spend.. 22
Fleet run repair
facilities 22
Taxi fleet........... 22
Table 21 Government Car
Fleet (2003) 23
Table 22 Car models in
government fleet. 23
Car leasing and rental
companies........... 23
SECTION 2.5 Aftermarket
sales and service sector...... 24
Table 23 Auto aftermarket outlets by
activity, and numbers........... 24
Number of companies
market shares. 24
Dealerships ¡V turnover........... 24
Independents ¡V turnover........... 24
Service prices.. 24
Table 24 Size and type
of aftermarket operations........... 25
Table 25 Service
provision in repair and maintenance sector........... 25
Table 26 Types of
vehicles serviced........... 26
Low levels of
compliance and training 26
Regulatory environment........ 26
Table 27.1 Category of
workers auto maintenance industry (2000) 26
Table 27.2 Skilled
technicians /craftsmen auto maintenance industry (2000) 27
DEALERSHIPS AND
MULTI-OUTLET COMPANIES.......... 27
Table 28 Turnover dealership sector.. 27
Table 29 Multi-outlet operations ¡V ranked by
sales 28
Table 30 Used car
dealerships - ranked........... 28
Table 31 Independent
service providers, ranked) 28
Dealerships and chains
- the best performers......... 28
SECTION 3 - COMPANY
PROFILES/ADDRESSES............. 30
Parts and paint
distributors......... 30
Insurer profiles 31
Table 32 Car insurers¡Vranked by 2002 premiums ($¡¦000) 31
Profiles car fleet
companies........... 33
Table 33 Taxi operators........... 33
Profiles/addresses taxi companies........... 33
Car rental companies:........... 34
Table 34 Largest car
dealerships......... 35
Used Car Dealers 38
Independent services providers........... 39
SECTION 4 - AUTHORITIES......... 41
Government........ 41
Insurance........... 42
Associations........ 42
INDEX OF NAMES. 44