Jardine Matheson has a long-term ambition to expand and strengthen its automotive businesses across the globe, building upon its extensive footprint in Greater China and Southeast Asia, and strong presence in the United Kingdom.
Jardine International Motors (JIM) was formed in 2019 to provide central management and oversight in order to effectively harness expertise and talent, increase customer focus and create economies of scale across the Group’s automotive interests in a coordinated way in an increasingly complex environment. JIM currently comprises leading Asian automotive businesses including Zung Fu Motors Group in the Chinese mainland, Hong Kong and Macau; Cycle & Carriage in Singapore, Malaysia and Myanmar; and Tunas Ridean in Indonesia.
Zung Fu is the exclusive retailer of Mercedes-Benz automobiles in Hong Kong and Macau, with two full-service 4S Autohaus and five satellite workshops in Hong Kong, as well as one showroom and one workshop in Macau. Today, Mercedes-Benz's share of the automotive market in Hong Kong is one of the highest for Mercedes-Benz worldwide. The group also represents smart and Hyundai passenger cars, as well as Foton commercial vehicles in Hong Kong.
Zung Fu is expanding its presence in the markets across Southern and Western China where it now has some 33 Mercedes-Benz outlets, including 23 4S full-service dealers, five showrooms and three service workshops and two convenient service satellites.
Jardine Motors Group is one of the largest independent dealership groups in the UK and has a portfolio of specialist franchises, including Aston Martin, Ferrari, BMW, Audi, Jaguar and Land Rover, Mercedes-Benz and Porsche.
Through Jardine Strategic, the Group has a minority interest in Zhongsheng Group, one of mainland China's leading motor dealership groups.