Business Intelligence on Retailing, Franchising, and Consumerism in China


Jiffy Lube Opens First Shanghai Store

Jiffy Lube, a chain of fast lube and oil change centers in the US, has opened in Shanghai.

At the beginning of 2005, Shell joined forces with Shanghai Automotive Industry Sales Corporation (SAISC), a subsidiary of Shanghai Automotive Industry Corporation (SAIC), to set up Anji Jiffy Lube Automotive Service Co., Ltd., and Shell China Holdings BV and Shell (China) Ltd. respectively hold 40% and 10% stakes in it.

The joint venture just opened its first store in Shanghai and plans to set up ten fast lube and oil change stores in Shanghai before the end of 2006 and expects to have 500 to 600 outlets around China by 2015.

At present, the company is padding up its presence in China by opening chain stores and will likely to grant franchise licenses later.

Jiffy Lube is a wholly owned subsidiary of Royal Dutch Shell Group established in 1979 and now it has over 2,200 outlets in the US and Canada.





Be the first to comment on "Jiffy Lube Opens First Shanghai Store"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco