中汽协：绝大多数重点车企已把账期压缩至60天内，一些车企要求供应商下调价格

Core Insights - The China Automotive Industry Association (CAAM) released a report indicating that most key automotive companies have reduced their payment terms to within 60 days, with an average payment term of approximately 54 days, which is a reduction of about 10 days compared to the same period last year [1] - All surveyed companies are committed to fulfilling their payment term promises, with many establishing special task forces and implementing institutional documents to ensure compliance [2] - By June 2025, 17 automotive companies, including GAC, Dongfeng, FAW, Geely, and BYD, have pledged to standardize supplier payment terms to within 60 days [3] Payment Terms and Practices - The average payment term for key automotive companies is around 54 days, with four companies having terms below 50 days [1] - All 15 surveyed companies utilize cash or bank acceptance bills for payments, with five companies having a cash payment ratio exceeding 50% and two companies exceeding 70% [1] - 17 key companies have set a maximum payment term of 60 days from the acceptance of goods, with 14 companies offering additional preferential policies for small and medium-sized enterprises (SMEs) [1] Process Optimization - Many companies have optimized their financial processes and improved information systems to facilitate automatic payments, reducing delays caused by manual operations [2] - Some companies have changed the starting point for payment terms from the billing date to the date of delivery acceptance, and increased the frequency of settlements from monthly to bi-weekly [2] - Several companies are preparing special funds exceeding 10 billion to improve payment terms for suppliers [2] Challenges and Issues - Despite the improvements, some companies still face issues in supplier payment practices, such as varying starting points for payment terms and management inconsistencies leading to extended payment periods [2] - A few companies have pressured suppliers to lower product prices or accept unreasonable terms under the guise of shortened payment terms [2]