May 10, 2022|
JD Auto Announces Development Plans for 2022
by Mengyang He
JD Auto, JD.com’s omni-channel automotive business, announced its development plans for 2022, reiterating its commitment in China’s automotive aftermarket.
According to data from the Traffic Administration Bureau of the Ministry of Public Security of China, the ownership of vehicles in China saw a YOY increase of 7.5 percent, reaching 302 million in 2021. The automotive maintenance market is of critical importance to China’s automotive aftermarket, and is expected to grow by 10.3 percent in 2022.
Yong Tang, general manager of JD Auto Service, JD Auto’s standardized chain store for automotive maintenance, revealed that “first, JD Auto will provide a better access for consumers through brand upgrading; second, it will build five talent training centers across China to better empower the physical stores staff; third, it will enhance the supply chain by upgrading JD Auto’s private brand Jing’antu and place stricter requirements and control on dealers; fourth, it will initiate the shop-in-shop business model and promote innovative businesses such as insurance to generate more profits; and finally, JD Auto aims to reach the profit target by optimizing the selection of products and standardization of stores, and through over 500 trainings and store incentives throughout the year.”
Additionally, JD Auto will further strengthen the partnership with vocational schools to train future talents in the automotive aftermarket and provide them with professional opportunities.
As JD Auto’s standardized chain store for automotive maintenance, JD Auto Service is now operating over 1,400 stores in 163 cities across China and has been serving over 10 million customer-times.