AutoBeta(AutoBeta.net)03/27 Report--

Yongda Automobile, a domestic auto dealership group, reported a comprehensive income of 56.293 billion yuan in 2018, an increase of 9.2% over the same period last year, including a comprehensive gross profit of 6.181 billion yuan, an increase of 5.0% over 2017, an operating profit of 2.373 billion yuan, a decrease of 3.6% compared with 2017, and a profit of 1.325 billion yuan, a decrease of 17.3% over 2017.

In 2018, Yongda Group's overall new car sales were 176919, up 3.1 per cent from 2017. Of this total, new car sales of luxury brands were 111323, up 11.4% from the same period in 2017, while sales of new cars of luxury brands were 38.234 billion yuan, up 11.3% from the same period in 2017. In 2018, Yongda Group's overall new car sales revenue reached 46.739 billion yuan, mainly due to the rapid growth of luxury brand new car sales revenue.

In addition to new cars, Yongda Group has also made a success of its used car business. Yongda Group has built 136 used car retail outlets across the country, including 113 officially certified brand outlets and 23 "Yongda used car" chain outlets. Yongda Group sold 42280 used cars in 2018, an increase of 20.2% over the same period in 2017.

Shanghai Yongda Automobile, founded in 1992, is a large group listed on the main board of Hong Kong. The company is mainly engaged in auto sales services, auto financial services, car rental services and other industries. In the field of automobile sales and service, Yongda has set up dozens of auto sales stores in Shanghai, Beijing, Fujian, Shanxi, Zhejiang, Jiangsu, Hainan and other places. acting for BMW, Audi, Infiniti, Porsche, Volvo, Saab, GM, Toyota, Volkswagen and other dozens of well-known automobile brands.

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