Group 1 - Major automotive companies, including FAW, Dongfeng, and GAC, have committed to a payment term of no more than 60 days to suppliers, aiming to create a collaborative ecosystem in the industry [2][16] - This initiative responds to the "Regulations on Payment for Small and Medium-sized Enterprises" effective from June 1, which seeks to alleviate the long payment cycles and pressure on suppliers [2][17] - The automotive market is facing intense competition, leading to a significant decline in profit margins for dealers, with 50.8% of dealers projected to incur losses in the first half of 2024 [3][10] Group 2 - Dealers are experiencing severe cash flow issues due to delayed rebates and payments from manufacturers, exacerbated by the competitive environment [5][9] - The average loss per dealership is reported to be 1.78 million yuan, with net profit margins dropping from 3% in 2018 to 0.7% [3][10] - Approximately 75% of dealers have an inventory coefficient above 1.5, indicating excessive stock levels and financial strain [3][10] Group 3 - The Ministry of Commerce is actively working to address the challenges in the automotive consumption market, focusing on fair competition and the health of the industry [5][6] - The traditional business model of dealers, which relies heavily on cash flow and inventory financing, makes them vulnerable to financial instability [6][10] - The introduction of the "Regulations on Payment for Small and Medium-sized Enterprises" aims to ensure timely payments and protect the rights of small dealers [16][17] Group 4 - The new laws provide a framework for financial institutions to offer differentiated policies for small and micro enterprises, potentially easing the funding challenges faced by dealers [12][19] - The regulations also emphasize the importance of timely payments from large enterprises to small businesses, with penalties for overdue payments [17][18] - The automotive industry is encouraged to adopt practices that shorten rebate cycles and extend interest-free financing periods to alleviate cash flow pressures on dealers [22]
厂家“60天账期”承诺不能丢下经销商
Zhong Guo Qi Che Bao Wang·2025-06-18 01:11