Uxin Limited, a prominent player in China’s used car market, has announced a strategic partnership with local authorities in Guangzhou to construct a large used car superstore. The facility is set to accommodate over 3,000 vehicles, enhancing Uxin’s footprint in one of the nation’s most economically vibrant cities.
The superstore will be a collaborative effort between Uxin and the Guangzhou Development District Transportation Investment Group, known for its robust industrial investment capabilities and total assets nearing RMB10 billion. This initiative is part of Uxin’s broader strategy to expand its used car superstore network across China, following successful openings in cities like Xi’an, Hefei, Wuhan, and Zhengzhou.
Strategic Importance of Guangzhou
Guangzhou, a major economic hub with a permanent population exceeding 18 million, ranks among China’s most dynamic cities. The region boasts over 4 million registered vehicles, making it a key player in the used car market. Additionally, Guangzhou is home to an advanced automotive parts and manufacturing ecosystem, presenting an ideal backdrop for large-scale retail operations.
The city’s role as a crucial gateway for international trade, with an import and export volume surpassing RMB1 trillion in 2024, further underscores its significance. Uxin’s new superstore is expected to bolster the company’s service capabilities and market presence throughout Southern China.
Comments from Uxin Leadership
Mr. Wenbing Jing, Chief Strategy Officer of Uxin, highlighted the advantages of establishing the superstore in Guangzhou. He stated, “Guangzhou offers a compelling combination of strategic location, pro-business environment, and a well-established automotive industry. Leveraging Guangzhou’s robust ecosystem and supportive local policies, we aim to deliver a superior used car retail experience through advanced reconditioning, one-stop shopping, and digitalized operations. The Guangzhou superstore will serve as a key step in our nationwide expansion, further accelerating the transformation and upgrading of China’s used car industry.”
Uxin has positioned itself as a leader in the used car sector by combining digital empowerment with traditional retail experiences. The company’s omni-channel strategy enables it to offer high-quality vehicles and superior after-sales services, ensuring a seamless transaction experience for customers.
As Uxin continues to grow, it remains committed to a customer-centric approach and the healthy development of the used car industry in China. The Guangzhou superstore represents not just a physical expansion but also a significant leap forward in the company’s innovation and service delivery.
This partnership with Guangzhou’s authorities is a testament to Uxin’s ambition and the increasing demand for used vehicles in one of China’s most promising markets.
