Core Viewpoint - Toyota Tsusho, a subsidiary of Toyota Motor Corporation, is set to complete the acquisition of Urumqi Huatong Toyota Sales Service Co., Ltd., a dealership located in Urumqi, Xinjiang, which is part of the Guanghui Automotive Service Group [4][7]. Group 1: Acquisition Details - The acquisition agreement is nearly finalized, with completion expected by the end of September 2025 [4]. - Urumqi Huatong Toyota has been a dealer for over 20 years, with a shareholding structure of 60% held by Xinjiang Jun Gong Import Auto Parts Co., Ltd. and 40% by Toyota Tsusho [4][5]. - The dealership has been facing operational challenges due to the freezing of its equity rights valued at $870,000, which is expected to impact its daily operations [7][8]. Group 2: Market Context - Guanghui Automotive has faced significant challenges, with 287 out of 735 stores losing authorization from manufacturers between May and July 2025, representing a 39.05% reduction in operational outlets [7]. - The Urumqi Huatong dealership ranks among the top sellers within the Toyota sales system, indicating its strong market position despite the broader challenges faced by Guanghui [8][12]. Group 3: Strategic Implications - The acquisition is seen as a positive move for both Toyota Tsusho and Guanghui, as it allows Toyota to maintain its network and service capabilities in the region [12][13]. - Unlike many international automotive brands that do not take over dealerships directly, Toyota's approach through Toyota Tsusho reflects a strategic integration into local markets, particularly in China, Southeast Asia, and Africa [14][15]. - The current challenges in the Chinese automotive market highlight the need for domestic automotive companies to adopt proactive strategies similar to Toyota Tsusho to stabilize their channels and drive transformation [15].
独家:丰田通商在新疆收购亏损经销店
汽车商业评论·2025-08-16 07:17