China Automotive Distribution Industry And Automotive Aftermarket Report, 2014-2017

LMV Automotive expansion in K.C. area will add 166 jobs

Complete report is available at http://www.reportsnreports.com/reports/278756-china-automotive-distribution-industry-and-automotive-aftermarket-report-2014-2017.html . In 2013, China's automotive distribution industry had the following highlights: Revenue of car dealers mainly came from the sales of new cars: In 2013, the sales volume of new cars in China accounted for 80.9% of the total sales (including new cars and second-hand vehicle); the new car sales of dealers occupied more than 85% of their total revenue, while in America over the same period, the sales volume of new cars made up 27.6% of the total, and the new car sales of dealers accounted for 57.1% of the total revenue. Dealers have a long way to go in expanding second-hand vehicles business: In 2013, the dealers' revenue from second-hand vehicles accounted for less than 3% of their total revenue, and this proportion in the U.S stood at 31.3% for the same period. <br>For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/china-automotive-distribution-industry-automotive-130000830.html

area will add 166 jobs LIBERTY, Mo. (AP) LMV Automotive plans to add 166 jobs to its plant in Liberty as part of a nearly $49 million expansion. The company announced the expansion Wednesday, after starting construction just two years ago on a $42 million plant in Liberty. Construction of the new addition is expected to begin this summer. The Kansas City Star reported the original plant is expected to employ 156 workers, who will make parts for the new Ford Transit van manufactured at the nearby Claycomo plant. <br>For the original version including any supplementary images or video, visit http://www.hayspost.com/2014/03/27/lmv-automotive-expansion-in-k-c-area-will-add-166-jobs/

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