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As of 2012, Zung Fu Mercedes-Benz operations total fourteen dealerships, ten further showrooms and a service centre, with the group also operating two Smart dealerships. [1] Between 2008 and 2010, Zung Fu's car sales grew from 5,448 to 16,292, and net profit increased by US$19.9 million to US$37.5 million. [44]
Subsidiary Zung Fu, which has held the Mercedes-Benz luxury vehicle franchise in Hong Kong for over 50 years, has achieved one of the highest market penetrations in the world for the luxury brand and ranks among its top international performers. The group also represents Smart and Hyundai passenger cars in Hong Kong.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
The summary chart includes the five largest worldwide automotive manufacturing groups as of 2017 by number of vehicles produced. Those same groups held the top 5 positions 2007 to 2019; Hyundai Motor Group had a lower rank until it took the fifth spot in 2007 from the at that time split German-American auto manufacturer DaimlerChrysler, while Ford became surpassed by Honda in 2020, and even ...
Autoworld, Auto World or AutoWorld may refer to: Autoworld (museum), an automobile museum in Brussels, Belgium; AutoWorld (theme park), a theme park in Flint, Michigan, United States which closed in 1994; Auto World (brand), a manufacturer of diecast model cars; Autoworld.com.my, an automotive web portal website