Zhongsheng Group Holdings
Zhongsheng Group Holdings Limited is a multinational automotive retail and services company headquartered in Beijing, China. It currently has around 140 dealerships across China and markets brands including Audi, Honda, Infiniti, Lexus, Mercedes-Benz, Nissan, Porsche, Toyota and Volvo.
Back for a third time after missing the cut last year. Started in 1998, it’s grown to 178 dealerships in 70 cities, making it China’s fourth-largest dealer group by revenue. First in China to receive dealership rights from Toyota and among the earliest authorized dealers for Lexus and Audi. Bought 70% of German vehicle-personalization specialist Carlsson Autotechnik in May 2012. Jardine Strategic Holdings bought 20% of Zhongsheng for roughly $722 million in January.