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Dealership giant Grand Auto mulls stock offering

By Gong Zhengzheng | China Daily | Updated: 2010-12-06 07:32

Dealership giant Grand Auto mulls stock offering

Has 300 outlets selling the most prominent car brands to the Chinese market

BEIJING - Sino-US dealership joint venture China Grand Auto is considering a listing on the Shanghai Stock Exchange to boost its expansion in the country's fast-growing car market.

Jin-Goon Kim, chief executive officer of the biggest car dealership network in China, told China Daily that the company plans to go public on the A-share market in the next two or three years.

Dealership giant Grand Auto mulls stock offering

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