Predict your next investment

AUTOMOTIVE & TRANSPORTATION | Automobile Parts

See what CB Insights has to offer

Stage

Corporate Minority | Alive

About UAP Auto Union

UAP Auto Union is a spare parts distributor in the Shandong region.

UAP Auto Union Headquarter Location

Shandong,

China

Latest UAP Auto Union News

Groupe PSA acquires shares in Chinese automotive spare parts distributor, UAP

Jan 11, 2019

January 11, 2019 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. A second pillar of the Groupe PSA aftermarket multi-brand strategy, after parts distribution, is to become a global leader in multi-brand repair services with its own brand Euro Repar Car Service. This repair network already covers more than 350 garages in China. UAP will strongly contribute to this expansion, through its existing customer base. Groupe PSA is aiming  to have 4,000 Euro Repar Car Service garages in 2023 in China, and 10,000 worldwide. “Our multi-brand aftermarket strategy, one of the pillars of the Push to Pass strategic plan, aims to meet the needs of all after-sales customers around the world, regardless of their purchasing power and the make or age of their vehicle,” said Christophe Musy, Senior Vice President, PSA Aftermarket. “China will soon be the world’s biggest aftersales market, and we have set ourselves very high ambitions there, which is why we’re already securing strong market positions.” Share this:

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.