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BYD Syndrome in Auto Industry: A Lingering Ailment Beyond 60 Days
2 day ago /
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Author：小编
Recently, the auto industry has seen a disruption of long-standing unspoken norms. Historically, manufacturers would often extend payment terms by issuing "IOUs" or similar instruments, delaying payments to suppliers, or even reclassifying new vehicles as "zero-mileage used cars" to artificially boost sales figures. However, as of late May, amidst mounting pressures from various stakeholders, these unwritten rules have started to crumble, compelling automakers to alter their established practices.
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