Articles Tagged with "Dealer"

Chinese automobile dealerships see success with financial services

Gasgoo.com (Shanghai July 9) - Automobile dealerships are seeing considerable success in China with financial services. As buyers become younger and younger, the importance of being able to offer varied financial services is becoming increasingly apparent to 4S dealerships. In a report appearing on Beijing Business Today, Beijing Yayuncun Automobile Market Vice President remarked that "the perfection of automobile financial services will allow [dealerships] to access more and more customers."

Jul. 11 , 2014
Ferrari breaks partnerships with certified Chinese dealerships, leading many in the industry to speculate its future in the country

Gasgoo.com (Shanghai April 11) - The recent decline in the ultra-luxury and sports car segments in China is forcing many manufacturers to modify their marketing strategies. Ferrari's Shanghai based sales company, Ferrari-Maserati Automobile International Trading Company, also known as Ferrari-Maserati China, abruptly terminated sales and after-sales cooperation agreements with two dealerships owned by the Shenzhen-based Jiahong Trading Development Company, Beijing Business Today reported today. Reports have also surfaced that Ferrari-Maserati China has broken similar agreements with two other dealerships. Many analysts believe that these reports are a sign that Ferrari-Maserati are looking to reduce its sales and marketing operations in the country, which is something the other 20 plus certified dealerships in China should be aware of.

Jun. 17 , 2014
Super Luxury Automobile Sales Decline in China, Vulnerable Dealer Forced Out

“Last Jan, July and August sales of exported cars decline the most obviously, and it lasts to the end of this year. Thesituation gets better at Dec this year.” ZHOU Xi, general manager of Jingshunbao BMW 4S shop told reporter, sales of 2013 was 3 thousand, which has increased 20% overmarket performance last year. However, profit has not increasedwith sales growth. Profit of exported car goes downturn is an undeniable truth for many dealers.“Although there is no so called price war among us, we do not win better lift than last year.”An exported car dealer in Asian Sports Village told reporter.

Jan. 14 , 2014
Purchase Restriction Makes Automobile Industry Mixed Feeling, Dealers Shall Divided

Automobile company stops to shout “wolf coming” any more, when purchase restriction policy come out. With fast growth industry background, single city automobile purchase restriction does not attract much attention as before.

Dec. 26 , 2013
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