www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Motoring Opinion

For auto dealer, sun rises in the west

By Wang Chao (China Daily) Updated: 2012-07-14 17:26

For auto dealer, sun rises in the west

An outlet of China Grand Auto in Urumqi, Xinjiang Uygur autonomous region. [Photo/China Daily]

For auto dealer, sun rises in the west

As car sales slow in many parts of China, it's only open roads ahead for some sellers

Most auto dealers in China have been having a rough time over the past 18 months since the government took steps to rein in the number of vehicles cluttering the country's highways and byways, but China Grand Auto, which has the highest revenue of any auto dealership in the country, has continued to make big inroads, thanks to its sales in Central and western China.

Last year the group sold more than 410,000 cars nationwide, more than 90 percent of those in central and western areas, including Xinjiang Uygur autonomous region, Guizhou and Sichuan provinces and Chongqing municipality.

According to figures from China Automobile Dealers Association, China Grand Auto surpassed Pang Da Automobile Trade Co and became the largest auto dealership last year, with revenue of 64 billion yuan ($10.05 billion, 8.19 billion euros).

China Grand Auto is a relative newcomer to the market, being 6 years old, but its genesis goes back a lot further to 1989, when its parent company Xinjiang Guanghui Industry Investment Group was founded in Urumqi, capital of Xinjiang.

Over its short life, China Grand Auto has expanded into a network of 400 outlets in about 20 regions of China, selling more than 40 mid-range to high-end car models. About 90 percent of these outlets are located in central and western China.

In the popular imagination, western China is an underdeveloped region compared with eastern and coastal areas, and guided by such thinking only mid to low-range cars would have a market there. But Wang Zhen, CEO of China Grand Auto, says the company has destroyed that myth by successfully going for the mid-range to high-end market in that region.

Wang worked in General Electric China for 13 years before joining China Grand Auto in 2008.

"Many people imagine western cities would be rife with low-end cars, but everywhere you look in Urumqi there are expensive SUVs," he says.

But even if the popular conception about western markets is misguided, they may well bear certain idiosyncrasies.

Luo Lei, deputy secretary-general of the China Automobile Dealers Association, says the western markets lag behind their east coast counterparts.

"The traits of the western market are those that the eastern market displayed five years ago," he says.

What makes the western auto market stand out, he says, is that it has gone into top gear, and now there is even talk of cities such as Chengdu catching up with big cities such as Beijing, Shanghai and Guangzhou. Indeed, Chengdu now has the country's fourth most influential annual auto show.

Thanks to China Grand Auto's focus on the fledgling market in the central and western China, its revenue grew 30 percent last year, just as growth was falling significantly in the east, particularly in first- and second-tier cities.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲欧美日韩综合久久久久 | 97午夜影院| 午夜影院a级片 | 国产成人综合91香蕉 | 日韩 欧美 国产 师生 制服 | 失禁h啪肉尿出来高h健身房 | 欧美视频精品在线观看 | 国产亚洲人成网站在线观看 | 日产一区二区三区四区 | 日本视频在线免费看 | 成年大片免费视频播放手机不卡 | 在线成人欧美 | 手机看片1024国产基地 | 欧美中文一区 | 三级视频网站在线观看播放 | 18年大片免费在线观看 | 一区二区三区日本视频 | 国产高清一区 | 日韩一级大毛片欧美一级 | 久久狠| 国产成人久久久精品一区二区三区 | 久视频在线观看 | 在线亚洲日产一区二区 | 国产三级播放 | 亚洲天堂成人在线观看 | 毛片的网址 | 欧美视频一区二区三区四区 | 波多久久夜色精品国产 | 亚洲91在线| 综合在线亚洲 | 国产精品亚洲第一区柳州莫青 | 成年人视频在线观看免费 | 三级理论手机在线观看视频 | 精品亚洲综合久久中文字幕 | 精品无码久久久久久国产 | 久草勉费视频 | 欧美一级成人 | 国产精品成人观看视频免费 | 欧美视频一区二区三区 | 三级高清 | 国产美女作爱全过程免费视频 |