Articles Tagged with "Dealer"

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."

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.