A bleak 2025 awaits China’s 30,000 car dealers as price war piles on US$24 billion losses

A bleak 2025 awaits China’s 30,000 car dealers as price war piles on US$24 billion losses

[South China Morning Post] - 01/5/2025

Despite a 4.7 per cent rise in nationwide car sales, some 4,000 dealerships have closed due to a financial squeeze.



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