HONG KONG, April 17, 2013 /PRNewswire/ -- China Yongda Automobiles Services Holdings Limited ("Yongda Auto" or the "Company" and, together with its subsidiaries, the "Group", stock code: 03669.HK), a leading passenger vehicle retailer and comprehensive service provider in China, announced that, recently, the results of "Chinese Automobile Market Chart . Famous Automobile Dealership Enterprise (Shanghai Region)" yearly organized "Auto Weekly" of Liberation Daily and co-organized by Shanghai Automotive Industry Association, Shanghai Automotive Sales Industry Association, Shanghai Automotive Repair Industry Association and Automotive Parts Circulating Trade Association was announced. Yongda Auto won two awards, "Shanghai Famous Automobile Dealership Enterprise" and "Most Respected Automobile Sales Services Brand". This is the 11th consecutive year for Yongda Auto to win the "Shanghai Famous Automobile Sales Enterprise" accolade. Besides, Yonda Auto's only sales platform on TV in China, East Yongda, won the Most Influential Media Channel 2012.
The selection was aimed to demonstrate to consumers the automobile dealerships' strength, honesty and quality service. Meanwhile, the platform allowed the automobile dealerships to showcase their integrated strength and build good brand image.
With the steady growth of sales and ownership of passenger vehicles and the keener competition of the market, the competition among the major automobile dealerships has been extended to business of aftersales services with higher gross profit margin. Therefore, the existing automobile dealership enterprises are faced with the new challenges of how to regulate automobile aftersales services market and enhance service quality. The selection is based on "services", with the main theme of "creating Chinese automobile quality service year". It is targeted to select the automobile dealership enterprise with quality service to set a new benchmark in the market, so as to effectively promote the healthy development of the automobile services area.
As a leading automobile dealership group, Yongda Auto majorly distributes brands such as Bentley, Porsche, Jaguar, Land Rover, Infiniti, Cadillac and Audi. Yongda possesses distinct advantage for its dealership network in east China. Since 2013, Yongda Auto opened 4S outlets rapidly, building a good foundation for its business development afterwards. Yongda Auto has been holding fast to its principle of credit management and focusing on brand service, paying enormous efforts and contribution to automobile consumer market in Shanghai and all over China.
About China Yongda Automobiles Services Holdings Limited
Yongda Auto is a leading passenger vehicle retailer and comprehensive service provider in China focused on luxury and ultra-luxury brands. Yongda Auto has a strong brand portfolio of luxury and ultra-luxury brands including BMW, MINI, Audi, Porsche, Jaguar, Land Rover, Infiniti, Cadillac, Volvo and Bentley. It operates and has obtained manufacturer's authorizations to open a total of 106 outlets. Its network has a strong presence in East China, including Shanghai, and has expanded into other regions in China. In addition to new passenger vehicle sales business, Yongda Auto also provides customers with a comprehensive range of automobile-related services through its "one-stop shop" approach. These include after-sales services, automobile rental services, as well as a wide array of services that it offers in connection with pre-owned vehicles, automobile insurance products, and vehicle inspection etc.
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