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Quito Motors S.A. Comercial e Industrial (Ecuador)

Main Activities: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers
Full name: Quito Motors S.A. Comercial e Industrial Profile Updated: April 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Quito Motors S.A.C.I. is a company located in Cuenca, Ecuador. It was founded on July 6, 1959. The company specializes in the commercialization and maintenance of vehicles, offering both preventive and corrective services. Quito Motors is the direct representative of the Ford brand in the Sierra and Oriente regions of Ecuador. Over the past 58 years, the company has gained the trust of customers who have considered purchasing a Ford vehicle. Quito Motors' automotive technicians have received training abroad, and the company regularly updates its diagnostic and vehicle checking tools. Recently, they have incorporated the World Diagnostic Service (WDS) into their workshop, which is an electronic equipment that automatically connects to the car's computer for diagnostics. Quito Motors has a dynamic and efficient organizational structure that adapts to market, national, and political changes to provide the best services. The company has agencies in various cities across Ecuador, including Quito, Valle de los Chillos, Cuenca, Ibarra, Ambato, Riobamba, Santo Domingo de los Tsáchilas, and Latacunga. Quito Motors combines the demanding requirements of Ford International with the innovation and experience of its staff.

Headquarters
Av. Espana 7.64
Cuenca; Azuay;

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Website: http://www.quitomotors.com.ec

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 29, 1959
Key Executives
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President
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General Manager
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General Manager
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General Manager
Ownership Details
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98.3%
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1.27%
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0.12%
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0.03%
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0.03%
Subsidiaries
Arrendauto S.A.
35.19%
Indianegocios S.A.
34.79%
Reencauchadora Andina Reencandina S.A.
0.83%
Company Performance
Financial values in the chart are available after Quito Motors S.A. Comercial e Industrial report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-27.51%
Total operating revenue
-26.56%
Operating profit (EBIT)
59.5%
EBITDA
37.45%
Net Profit (Loss) for the Period
-238.89%
Total assets
19.61%
Total equity
18.15%
Operating Profit Margin (ROS)
9.12%
Net Profit Margin
-1.31%
Return on Equity (ROE)
-1.98%
Debt to Equity Ratio
-32.41%
Quick Ratio
-0.05%
Cash Ratio
-0.27%

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