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Car ownership is surging, why the car lubricant business, but more and more difficult to do?

October 05, 2024
Car ownership is surging, why the car lubricant business, but more and more difficult to do?
 
In China, with the rapid development of the economy and the significant improvement of people's living standards, cars have gradually transformed from luxury goods to daily travel tools. According to statistics, China's car ownership has exceeded 280 million, this figure not only highlights the prosperity of the automobile market, but also indicates the broad prospects of related supporting industries. However, in this seemingly good environment, the key industry of automotive lubricants is facing unprecedented challenges, and the operating status is far from as optimistic as the outside world imagined. Whether it is manufacturers, agents, or practitioners, they generally feel the severity of the market situation, which can not help but make people think: where is the problem?
 
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