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  Yongda Group had 2018 revenue of 56.293 billion, and net profit decreased by 17.3%.

  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. Among them, luxury brand new car sales were 111323, compared with 2017.

  Yongda revenue 2019-03-27
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  Luxury brands are the most profitable this year. Yongda Automobile Group acquires a number of luxury 4S stores.

  Yongda Automobile Group is one of the top ten car dealers in China, mainly engaged in luxury car brand dealers. Yongda announced on Oct. 2 that it would buy the seller's 4S store business for 830 million yuan, including Porsche, Mercedes-Benz, Lexus 4S and a Tesla authorized maintenance center. Yongda announced that the Company entered into a sale and purchase agreement with InchcapeOverseasLimited, a direct wholly-owned subsidiary of the seller Inchcape, under which the Company conditionally agreed to acquire and the seller agreed to sell all of the target company Yingzhijie Asia Pacific Co., Ltd.

  The present situation of 4S store management 2019-10-02
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  The 4S store that made money in 2020, Yongda car dealers made a net profit of 1.7 billion.

  Affected by the COVID-19 epidemic in 2020, the automobile industry as a whole showed a state of exhaustion. According to the China Automobile Association, passenger car sales in 2020 were 20.178 million, down 6 per cent from the same period last year. By contrast, the luxury market stands out, growing one after another in the second half of the year. Thanks to this, Yongda, one of the main luxury brands, made a big profit last year.

  Yongda Automobile 2021-03-17
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  Yongda Automobile is in contact with the syndicate to sell its auto finance stake of more than 50%.

  Yongda announced on February 20th that the company is discussing with the syndicate a possible transaction that could lead to the sale of more than 50 per cent of its auto finance business. The announcement shows that Yongda is currently engaged in preliminary discussions with the syndicate (a consortium of banks and financial institutions jointly funded by a project) on possible sales, and has not entered into any binding agreement with the syndicate on the possible sale. Shanghai Yongda Automobile, founded in 1992, is a large group listed on the Hong Kong main board. The company is mainly engaged in auto sales services, auto financial services, car rental services and other products.

  Exploring songs 2019-02-25
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  Luxury brands are the most profitable, and the profits of several car dealer groups have increased significantly.

  China's passenger car sales fell nearly 10 per cent in 2019 from a year earlier, and car dealers generally saw a decline in sales throughout the year, leading to a decline in performance, but luxury-branded passenger cars bucked the trend, with annual sales of 3.143 million vehicles up nearly 10 per cent from a year earlier. In this context, the main operation of luxury brand 4S stores of several dealer groups, last year's performance rose against the trend, more and more profitable. Meidong Automobile: net profit increased by 53.4% on March 27th, China Meidong Automobile Holdings Co., Ltd. announced its annual results in 2019, with a total revenue of 16.21 billion yuan, an increase of 46.5% over the same period last year.

  Luxury brands car dealers 2020-03-28
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  Ranking of the top 100 car dealers in China in 2020! Guanghui Automobile ranked first, huge missed the top ten.

  With the launch of the annual China Automobile Dealers Conference and Top 100 Conference, it means that the results of the "most profitable" car dealer groups in 2020 will be announced. According to the newly released ranking list, the most profitable group is still Guanghui Automobile.

  Automobile 2020-05-28
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  Of the 10 dealer groups in the first half of 2020, only 3 achieved positive growth.

  The domestic automobile market has shown fatigue after two consecutive years of decline, but in 2020, coupled with the impact of the COVID-19 epidemic, the situation of China's automobile market has been further depressed, making it more and more difficult to sell domestic cars. this has led to varying degrees of decline in the performance of car companies or dealer groups.

  Distributor 2020-09-03
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  2022 Top 100 Dealers ranking: Zhongsheng Group ranks first

  On May 26, the China Automobile Circulation Association released the "Top 100 list of Chinese Automobile Dealer groups in 2023". Previously, the China Automobile Circulation Association released data that unprofitable dealers accounted for more than 70% in 2022, with less than 30% of dealers making profits, compared with 2000 for the whole year.

  Cars dealers groups new energy revenue growth business not for used cars brands China data sales Guanghui top 100 2023-05-26
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  Nearly 30 Chinese and foreign automobile brands help the epidemic in Wuhan to fight against "uninvited guests" in 2020.

  The sudden novel coronavirus epidemic made the 2020 Spring Festival unusual. At a time when people across the country are making concerted efforts to prevent and control the novel coronavirus epidemic, a number of car companies are involved in the campaign to end the New year's "uninvited guests" as soon as possible through donations and material donations. Great Wall Motor decided to donate 5 million yuan to the Hubei Provincial Charity Federation to support the prevention and control of pneumonia infected by novel coronavirus, Great Wall Motor said on its official Weibo account on January 28. In addition to Great Wall Motor, several car companies have also announced relevant anti-epidemic donation measures. Among them, BYD Motor decided to donate to Hubei Charity Federation through BYD Charity Foundation.

  Mercedes Benz BMW 2020-01-28
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  Increase income but not profit! Only the performance of luxury Japanese models is good, and dealers want to transform and upgrade.

  As a huge group that was once the largest car dealer in China, the company lost 1.2 billion yuan in the first half of the year and made a profit of 258 million yuan in the same period last year. This also shows that under the continuous negative growth of sales in the car market, car dealers have suffered a very severe impact. From Guanghui Automobile, Zhongsheng Group, Yongda Automobile, Dachang Motor, Guanghui Baoxin, Meidong Motor and Xinfengtai, eight dealers have released first-half results, according to the data, although operating income increased year-on-year, but in terms of net profit, five dealers showed a significant decline, with two of them falling by more than 20%. According to the multiplication.

  Performance dealer 2019-08-30
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  In response to the national call for epidemic prevention and control, 4S stores in many places have postponed their business hours.

  As the pneumonia epidemic infected by novel coronavirus continues to spread, in order to strengthen the prevention and control of the pneumonia epidemic, reduce the gathering of personnel, and stop the spread of the epidemic, the General Office of the State Council recently issued a notice to extend the Spring Festival holiday in 2020. In response to this, dealers in many places across the country also responded to the call and postponed the business hours of 4S stores.

  4S store 2020-01-28
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  2019 National Automobile Dealer Group Top 100 ranking! Guanghui Automobile ranked first, with a huge drop in loss of 6.2 billion

  Guanghui Automobile continues to top the list with a business income of 166.173 billion yuan in 2018, according to the official release of the Top 100 Automobile Dealer Group ranking in China. The second and third place are Zhongsheng Group and Lixing Motor, with operating income of 107.736 billion yuan and 82.996 billion yuan respectively. The list of the top 10 has not changed, but the giant group has dropped five places compared with the previous year, and its operating income has decreased by more than 28 billion yuan. In addition, Rundong Automobile Group, which once ranked 23rd, did not appear in the top 100 list. In addition to the above three, there is also Shanghai Yongda Group (695.

  Car loss dealer ranking 2019 first huge 2019-06-06
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  The new Land Rover changed two major parts in two years, but I don't know what to change in the third year.

  A new land rover bought by a car owner found out that there were a lot of problems during this period. Change the transmission assembly in the first year and the transmission assembly in the second year. I don't know what will be changed in the third year? The owner wanted to extend the guarantee for the whole car for three years, but it was rejected by the manufacturer. What exactly is the situation? A Mr. Lu in Hefei spent more than 300,000 yuan on a Land Rover Discovery Shenxing in May 2017. But after driving for less than a year, the gearbox had the problem of oil leakage. Mr. Lu said that at that time, the vehicle was sent to the 4S store for maintenance and testing, and the technical staff of the 4S store checked the software and passed the computer test, and found no problems with the vehicle, so he wanted Lu.

  Land Rover 2019-07-04
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  Toyota plans to temporarily close its plant in China affected by the epidemic

  Toyota will suspend production at its factories in China until Feb. 9, Bloomberg reported. With the continued impact of novel coronavirus's pneumonia, the General Office of the State Council recently issued a notice to extend the 2020 Spring Festival holiday, to this end, a number of car companies and 4S stores have postponed business production and business hours.

  Toyota 2020-01-29
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  The automobile supply chain is affected by the epidemic, and Bosch warns that the global supply chain will be interrupted.

  In response to the COVID-19 epidemic, China's automobile manufacturing and parts supply will be forced to stop due to the impact of the epidemic. At present, a number of car companies have announced plans to extend their holidays and temporarily suspend production. Bosch, the world's largest auto parts supplier, warned that novel coronavirus could affect its global supply chain, storing the risk of supply chain breakage. Novel coronavirus may affect Bosch's global supply chain because it relies heavily on the Chinese market, according to Volkmar Denner, global chief executive of Bosch Group, according to foreign media reports. He added, "We need to wait for the situation to develop.

  Automobile industry 2020-01-30
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  The profits of Meidong Automobile Dealers Group, which made money in 4S stores this year, have soared.

  The growth of luxury brands against the market is a major growth point for the profits of dealer groups. The dealer group "Meidong Automobile", which mainly operates luxury brand 4S stores, saw its profits soar by nearly 50% in 2019. Under the influence of the epidemic in 2020, it will also be able to achieve a sharp rise in profits in the first half of the year. On Aug. 19, Meidong Motor announced interim results for 2020, with first-half earnings of 8.448 billion yuan, an increase of 23.5% over the same period last year, after-tax profit of 307 million yuan, an increase of 28.5% over the same period last year, and a net interest rate of 3.6%. Profit during the period attributable to equity shareholders increased by about 27.6% to about 301 million yuan. In the first half of the year, set.

  Meidong Automobile luxury Brand 2020-08-19
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  Zhongsheng Group earned 5.5 billion yuan in 2020, with the Mercedes-Benz brand accounting for nearly 90%.

  Zhongsheng Group, which has a good momentum of development, has maintained the second largest car dealer group in China, benefiting from the advantages of 373 high-end brands, which helped the group achieve a big increase in profits last year, even surpassing some car companies.

  Distributor 2021-03-28
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  Zhengtong Motors, a former luxury car dealer, expects to lose 8 billion in 2020.

  Zhengtong Motor issued a profit warning on March 28th, predicting a loss of 8 billion yuan to 9 billion yuan in 2020. Zhengtong said that the loss was mainly due to (1) the impact of the epidemic in the first half of 2020 and the increasing pressure on the Group's liquidity position led to a continuous decline in the group's financial performance in the second half of this year; (2) this situation led to a significant decline in the performance indicators in the dealer agreement between the group and automobile manufacturers, resulting in the termination or suspension of some dealer authorizations, and the withdrawal and revocation of some supplier rebate rights. A number of distributor authorizations have been terminated or suspended and the group has treated some of its underperforming 4S vendors.

  Straight-through car 2021-03-29
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  With the advent of the sixth National Day, car dealers are facing a sales dilemma, whether to be reborn or broken.

  The China Automobile Circulation Association submitted a "report on the current living conditions and related suggestions of Automobile Dealers in China" to the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Commerce and the State Administration of Market Supervision. the report mentioned that except for some brands, the gross profit of the new cars of the dealers in 2019 was basically negative, the loss further increased, and the dealers faced strong market pressure. Since July 1, nearly 20 provinces and cities have announced that they will implement the national six emission standards ahead of schedule this year, and some provinces have even skipped national six an and directly implemented national six b. This also means that many dealers are facing the tremendous pressure of Wuqing inventory, snowing in the already difficult business situation.

  Cars dealers the sixth year of junior high school. 2019-06-21
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  The dealer group "Harmony Automobile" issued a series of clarification announcements.

  On November 12th, Bolidas Research (Bonitas Research) released a short selling report on Harmony. Feng Changge, chairman of Harmony Automobile Board, deceived investors and falsified Harmony Automobile earnings data, according to Bolidas research. Bolidas issued a short selling report saying: first of all, Feng Changge, chairman of the board of directors of Harmony Automobile, stole 100 million yuan from Harmony. Secondly, Harmony Automobile produces counterfeit cash through the sale of fake equity. Third, Harmony Automobile falsifies profit data in the following two ways: 1, the operating expenses of its main subsidiaries are not merged; 2, the losses caused by failed investments are not written down. In addition,.

  Harmonious automobile 2020-11-13