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China Grand Auto solidifies position as top Chinese dealer in latest CADA rankings

BEIJING – China Grand Auto Service Co., Ltd. solidified its position as China’s leading automobile dealer group with sales revenue of more than ¥160 billion and vehicle sales of over 1.1 million units (including used vehicles) in 2017, according to the latest rankings released by China Automobile Dealers Association (CADA) on May 17.

It remained as the only dealership group in China with annual sales turnover of more than ¥100 billion, accounting for about a tenth of the more than ¥1.6 trillion in total revenues and 13 percent of nearly 8.5 million vehicles sold by the companies listed in CADA’s 2018 China Dealer Top 100. A total of 45 dealership groups had revenues top the ¥10 billion mark in 2017.

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