China’s 30,000 car dealers face bleak 2025 as price war, e-commerce crimp margins
- Posted on January 5, 2025
- By South China Morning Post
- 3 Views
China’s 30,000 car dealers face bleak 2025 as price war, e-commerce crimp margins
Despite a 4.7 per cent rise in nationwide car sales, some 4,000 dealerships have closed due to a financial squeeze.
