国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Auto China

Continental Tires plans major retail expansion in China

By Li Fangfang (China Daily) Updated: 2013-04-10 11:09

Continental Tires, the leading German tire manufacturer, is aiming to become one of China's top three tire makers and suppliers over the next five to six years through an aggressive expansion of its retail network.

Jay Dhillon, the general manager of Continental Tires China, said the company - the world's fourth-largest tire maker - saw rapid growth in its retail operation last year, its "most successful year", adding a further 1,000 authorized franchised stores giving it a total of 2,500.

It also expanded its production capacity during the year, investing $175 million in the second phase of its plant in Hefei, Anhui province.

"We will open another 1,000 authorized stores in 2013 - three a day - as well as deepen our footprint into more second- and third-tier cities, and maintain that speed over the next three years," said Dhillon.

"In 2012, Continental entered the second phase of our development in China, after establishing a stable foothold here. But we need to go much faster.

"We spent 80 percent of our marketing budget on opening shops and doubling our sales team in 2012," he added.

In February, Continental opened its 12th BestDrive flagship store in China, in Beijing.

These are larger auto stores, offering higher-end consumers with broader car services and maintenance.

It plans to double the number of BestDrive stores this year and add 10 to 15 a year for the next three to five years.

"Establishing BestDrive stores is a key initiative to propel our rapid growth in China, as well as a major step in building our presence in the local retail market, especially in the service sector," said Dhillon.

A recent report from consulting firm AlixPartners LLP showed that China's automobile service sector will grow at about 30 percent year-on-year on average between 2009 and 2014, driven by an increasing and aging vehicle population in the world's largest vehicle market.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
河源市| 大姚县| 科技| 贡山| 萨迦县| 邵阳县| 左权县| 朝阳市| 周至县| 遂昌县| 泸州市| 白山市| 兴安县| 江阴市| 德江县| 镇赉县| 邵阳县| 武威市| 华安县| 璧山县| 体育| 长乐市| 曲水县| 宁城县| 上犹县| 攀枝花市| 柘城县| 贞丰县| 礼泉县| 图木舒克市| 武功县| 房山区| 垣曲县| 霍邱县| 宝丰县| 峨眉山市| 奇台县| 虹口区| 泗水县| 无棣县| 长葛市|