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Auto Price War Intensifies, Straining Suppliers: Margins Dip Below 10%, Payment Terms Reach 120 Days; Industry Experts Warn of Potential Safety Impact
2025-05-27 /
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Author：小编
Recently, automakers including BYD, Geely Galaxy, and SAIC-GM have successively unveiled price reduction promotions, capturing widespread market attention and potentially igniting a fresh round of price wars in the Chinese auto market. As the price war intensifies, investigations reveal that the profit margins of upstream enterprises have been drastically squeezed to below 10%, while payment terms have stretched to an unprecedented 120 days. This situation has raised concerns among industry insiders, who warn that such pressure on suppliers could lead to losses, potentially jeopardizing the quality and safety of vehicles.
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