On May 26th, China Automobile Dealers Association released the top 100 list of China's auto dealers in 2015, and released the research report of the top 100 dealers in 2015. Xiao Zhengsan, secretary-general of the China Automobile Dealers Association, pointed out that the profitability of China's top 100 auto dealer groups is facing greater challenges. The overall gross profit of the 84 auto dealer groups that have been among the top 100 for two consecutive years has dropped by 25.79% compared with 2014. . At present, the auto dealer group is adjusting its business structure, and derivative businesses such as auto finance and used cars have become new profit growth points.

According to the China Automobile Dealers Association, according to the “Twelfth Five-Year Plan” of the Ministry of Commerce, there will be two to three billion-dollar enterprises in China's automobile circulation industry, but the largest automobile dealer group in 2015 has an operating income of about 93.7 billion yuan.

“The slowdown in market growth has already affected the growth of the circulation industry giants.” Xiao Zhengsan said that there were 38 dealer groups with sales revenues exceeding 10 billion yuan in 2015, a decrease from 2014. Among the top ten dealer groups, the huge drop from the third to the fourth.

The revenue growth of the Top 100 Auto Dealer Group in 2015 slowed down. The data shows that the total revenue of the Top 100 Auto Dealer Group in 2015 was approximately 1271.4 billion yuan, an increase of approximately 3.2% year-on-year. The growth rate was significantly lower than the 9.4% in 2014 and 16% in 2013. The cumulative sales of the whole vehicle was 6.534 million units, a year-on-year increase. About 5%; the number of 4S stores in the Top 100 Auto Dealer Group increased to 55,626, an increase of about 6.7%.

At the same time, the profitability of the Top 100 Auto Dealer Group declined. According to Xiao Zhengsan, “The gross profit margin of the Top 100 Auto Dealer Group in 2015 fell by 1.66 percentage points year-on-year to 4.47%; the net interest rate was 1.22%, down 0.3 percentage points year-on-year; the return on investment was the most obvious, year-on-year. It fell by 5.4 percentage points to 7.7%."

The 84 auto dealer groups that have been among the top 100 for two consecutive years are also facing a profit challenge. According to data from the China Automobile Dealers Association, the operating revenue of 84 auto dealer groups in 2015 was 104.9 billion yuan, up 5.06% year-on-year; the gross profit fell 25.79% to 44.9 billion yuan. Pang Qinghua, the chairman of the company, said that the competition is cruel.

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