Core Viewpoint - The automotive industry is making significant progress in addressing the issue of extended payment terms, with major companies committing to a payment period of no more than 60 days, driven by new regulations aimed at supporting small and medium-sized enterprises [1][2]. Group 1: Industry Developments - Several major automotive companies, including Dongfeng Motor, GAC Group, FAW Group, and BYD, have publicly committed to a payment term of 60 days, following the implementation of the revised "Regulations on Payment for Small and Medium-sized Enterprises" [1]. - The automotive industry has been experiencing intense price competition, leading to a mismatch between profits and industry growth, with a reported 5.1% decline in total industry profits despite a 12.9% increase in production and a 10.8% increase in sales from January to April this year [1]. Group 2: Supplier Challenges - Many small and medium-sized automotive parts suppliers have been struggling with extended payment terms, which can occupy operational funds and lead to difficulties in meeting daily expenses, potentially forcing them to accept high-interest loans [2]. - The relationship between automakers and parts suppliers should be one of mutual benefit rather than exploitation, as emphasized by Dongfeng Motor's commitment to building a more resilient and innovative automotive ecosystem [2]. Group 3: Payment Methods and Regulations - Concerns have been raised regarding the use of commercial acceptance bills as a means for companies to circumvent cash payments, which are less flexible than cash and do not effectively address the payment term issue [3]. - The revised regulations prohibit the mandatory acceptance of commercial acceptance bills and other non-cash payment methods, with companies like SAIC Group and BAIC Group committing to eliminate such practices to strengthen trust within the supply chain [3].
落实“60天账期”,供应商活得好车企才有未来
Nan Fang Du Shi Bao·2025-06-11 16:17