Autostreet

Autostreet Development Co., Ltd. (abbreviated as Autostreet) was established in 2014, with its headquarters in Shanghai. Autostreet was jointly initiated and funded by COX Automotive from the United States, which owns the world's largest auto trading platform and used car auction company, the national core dealer groups led by the China Automobile Dealers Association, and China Merchants Bank, among others. Autostreet's core advantage, the "lane auction model," originates from Manheim, the world's largest auto auction company under COX in the United States. The company uses online trading platforms and satellite information synchronous transmission equipment and other used car auction technology products to provide a full set of auction services to users at global auction venues, as well as value-added services such as vehicle registration, inspection, refurbishment, financing, and training. As the exclusive representative of Manheim in China, Autostreet provides standardized used car inspection and evaluation reports for auction vehicles to dealers simultaneously through online (PC/APP) and offline auction venues, and informs participating merchants in advance of auction times, locations, vehicle sources, and participation instructions through the Autostreet official website (*), Autostreet APP, official WeChat, and call centers. With the guidance of professional auctioneers on site, it ensures that on-site and online merchants can synchronously access information on vehicle conditions, bidding, and transaction results, making complex used car trading more transparent, fair, simple, and efficient. Autostreet's core business covers four major segments: synchronized online and offline used car auctions, whole vehicle e-commerce, preparation and logistics, and advertising media. After years of deep cultivation and operation, Autostreet has become "the most influential professional used car auction platform in China." The company's network covers more than 80 cities across the country with hundreds of offline auction venues, and it owns self-operated auction venues in cities with active used car trading such as Shanghai and Beijing. At the same time, it has jointly established auction joint ventures and cooperative auction venues with the largest local dealer groups in provinces and key cities such as Beijing, Tianjin, Chengdu, Wuhan, Wuxi, Ningbo, Xuzhou, as well as Shandong, Anhui, Guizhou and other provinces. The leading used car auction model and profitability prospects of Autostreet have attracted continuous attention from the capital market since its early establishment. Autostreet - a service platform dedicated to auto new retail and used car auction trading!