11.   It also manufactures car components for thecar parts replacement market in Malaysia.

12.   Replacement market refers to the market where motorists have to buy tyres to replace worn out tyres.

13.   The company credited a change in product mix toward higher-priced tires and price increases in the replacement market.

14.   The group is into the replacement market for air-conditioning components and as such would not be affected by a projected downturn in the domestic automotive market.

15.   This is opposed to a replacement market which caters to those already with the original parts.

16.   In addition, the car radio replacement market is poised for faster growth as Chinese auto owners upgrade their existing audio equipment, Lo said.

17.   Two groups of experts are working in parallel on technical issues relating to deregulation of the replacement parts market and on dealerships.

18.   Washington is demanding increased parts purchases by Japanese manufacturers, more dealerships for US models, and deregulation of the replacement parts market.

19.   The demand is part of a US insistence that Japan deregulate its lucrative replacement parts market.