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According to the "China Auto Circulation Industry Development Report (2024-2025)" published by the China Automobile Dealers Association, by the end of 2024, the nationwide network of automobile 4S stores had dwindled to 32,878, marking a 2.7% year-on-year decline. This contraction represents the first such reduction in scale over the past four years. Notably, the network of 4S stores for new energy vehicle brands continued to expand, whereas traditional brands and certain new energy brands like YunDu and Nezha underwent network optimization, leading to a significant number of closures. The proportion of independent brands exiting the network stood at 65%, while joint venture brands saw a near-universal contraction, accounting for 29% of the closures. Luxury brands, on the other hand, made up 6% of the exits.
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