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On the evening of November 17, Tianjin Yonghao Group responded to its 4S stores. In a statement, officials said Tianjin Yonghao Group apologized to users who suffered panic and unease due to the sudden closure of 4S stores under the three brands: Yonghao Audi, Yonghao Red Flag and Yonghao Dongfeng Honda.

Tianjin Yonghao Group stressed that although Yonghao Group closed its 4S store due to problems such as broken capital chains, it will not give up its efforts to solve the problem as a group company that has been established for more than 20 years, with nearly 400 employees and a broad customer base with high adhesion. At the present stage, in addition to striving for funds to solve the problems of customers' delivery and employees' wages, we are also actively seeking the support of brand manufacturers, and have docked support policies with Honda, Red Flag and Audi, and relevant government departments have also urgently interviewed the management of the company. I hope to help the company to collect the debt and recover the funds as soon as possible, come up with a solution to protect the legitimate rights and interests of customers and employees.

With regard to the vehicle transfer incident in the 4S stores of three brands of Yonghao Group, Tianjin Yonghao Group pointed out: "Audi showroom vehicle transfer is due to a bank's misbelief in false information, pulling away all the vehicles raised by the company from the bank but not yet sold to the outside world. up to now, Audi customers do not have the situation that they have paid for the car but failed to pick up the car. A small number of Red Flag vehicles were indeed pulled away by the bank on November 9 with the permission of our company, but most of the vehicles were left in the warehouse. Dongfeng Honda vehicles took unilateral action to tow away and transferred, and we immediately made a report to the police in order to maximize the interests of customers. "

In addition, rumors such as "Wang Xuejun, the boss of Yonghao Group, has absconded abroad with money", "4S stores have transferred all the vehicles in the warehouse", and "customers have paid 800000 of their cars in Yonghao Audi" are all false. According to the official explanation, Wang Xuejun was not involved in any illegal acts, still less did he "roll money and run away".

According to previous reports, Tianjin Yonghao Auda, the largest Audi 4S store in Tianjin, was said to be closed and all the display cars in the showroom were pulled away. Some car owners said that the store could not provide maintenance services, and the recharged balance could not be withdrawn. Some car owners said they could not pick up the car after paying 800000 yuan for the car. In addition, it was also reported that employees of Yonghao Auda in Tianjin were in arrears of wages, resulting in employees having to protect their rights.

In response to online reports, Yonghao Group said that recently it had suffered a severe impact from the sudden withdrawal of loans from a bank that had been cooperating for many years, thus breaking the capital chain and triggering a series of chain reactions. these include the inability to deliver vehicles to customers on time due to lack of funds, failure to pay employees' wages from August to October 2024, and suspension of related rebates. At present, Yonghao Group is actively solving the problem.

It is understood that Tianjin Yonghao Auda Automobile sales and Service Co., Ltd. is wholly owned by Tianjin Yonghao Group Co., Ltd., the company was established in March 2009, the legal representative is Wang Xuejun, the shop construction area of 18000 square meters, sales exhibition hall of 3000 square meters, is the largest Audi 4S store in Tianjin.

As the largest Audi 4S store in Tianjin, its bad situation is also a microcosm of the changing times of the automobile retail industry. With the transformation of fuel vehicles to new energy vehicles, the automobile industry is developing rapidly, and the automobile industry has entered an unprecedented reshuffle. 4S stores are facing the situation of sandwiched attack before and after, and they may face cruel exit if they are not careful. Since 2024, there has been frequent news of thunder, financial crisis, closing and delisting of large dealer groups and 4S stores in the industry. On September 23 this year, the China Automobile Circulation Association also said that it had received a large number of reports from dealers that the ongoing "price war" had left car dealers in a quagmire and faced with the outstanding problem of extremely tight liquidity.

According to the first-half dealer data released by the China Automobile Circulation Association, only 28.8% of the dealers achieved their half-year sales targets in the first half of the year, while the percentage of dealers with a target completion rate of less than 70% still reached 33.3%. In addition, large-scale losses are also the current situation of the development of dealers in the first half of the year, and the overall loss area of dealers is at a high level in recent years. Only 35.4% of dealers made a profit in the first half of the year, while the proportion of loss-making dealers reached 50.8%.

Nowadays, with a large amount of capital entering the automobile aftermarket, maintenance shops are developing rapidly and continue to seize the after-sales business of 4S stores, which leads to the accelerated decline of 4S stores, and more 4S stores will disappear faster in the follow-up. At present, whether dealers or 4S stores, "how to change" or "how to adapt to the changes of the times" is worth thinking about.

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