Guangdong Hongtu: Domestic Auto Supply Chain Confronts Margin Compression Amid Intensifying Competition
2025-05-07 / Read about 0 minute
Author:小编   

In a recent institutional survey, Guangdong Hongtu unveiled that the domestic automobile market is witnessing intense competition. This fierce rivalry has led automakers to press for price reductions, a burden that has subsequently been passed down to suppliers. Consequently, the gross margins within the supply chain are under significant pressure, exhibiting an overall downward trend.