Groupe PSA is taking a stronger position in Chinese market with the acquistion of a stake in UAP Auto Union, the leading spare parts distributor in the Shandong region,
UAP has a geographical coverage of more than 100 hubs, and is expanding its delivery service to surrounding provinces with 50 hubs.
With the help of UAP, Groupe PSA will have access to a competitive and efficient distribution system. The objective is to accelerate growth in sales of multi-brand parts, particularly with the new Eurorepar range, which Groupe PSA is developing for the Chinese market.
[Read more…] about Groupe PSA acquires shares in Chinese automotive spare parts distributor, UAP