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On September 15th, Dongfeng Motor announced through its official WeChat account that the China Association of Automobile Manufacturers (CAAM) had unveiled an initiative on the same day. This initiative is designed to foster a collaborative and mutually beneficial ecosystem between vehicle manufacturers and parts suppliers, thereby driving the high-quality development of China's automotive industry.
Dongfeng Motor has responded proactively to this initiative. The company will implement its requirements in crucial business processes, including order confirmation, delivery and acceptance, payment and settlement, as well as contract terms. By doing so, Dongfeng Motor aims to protect the rights and interests of its suppliers, stabilize market expectations, and bolster the resilience of the entire industrial chain.
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