{"id":76143,"date":"2025-10-12T17:12:09","date_gmt":"2025-10-12T17:12:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/76143\/"},"modified":"2025-10-12T17:12:09","modified_gmt":"2025-10-12T17:12:09","slug":"chinas-car-dealers-feel-life-threatening-squeeze-from-price-war-e-commerce-rivals","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/76143\/","title":{"rendered":"China\u2019s car dealers feel life-threatening squeeze from price war, e-commerce rivals"},"content":{"rendered":"

Chinese car dealers<\/a>, once the beneficiaries of the country\u2019s booming automotive market, are facing a bleak future as they fall victim to a brutal price war and a growing preference for e-commerce sales among manufacturers and shoppers.<\/p>\n

The industry\u2019s 14 major participants reported a 10 per cent sales slump in the first half of 2025, following an 18 per cent year-on-year decline in 2024, according to data from the China Passenger Car Association (CPCA).<\/p>\n

Cui Dongshu, general secretary of the government-backed industry consortium, said most of the dealers were unable to generate positive cash flow as they ran at huge losses.<\/p>\n

\u201cRelevant authorities are suggested to urge banks to provide financial support to players in the car distribution industry,\u201d he said. \u201cFinancial-services firms can play a role in stabilising the automobile market by collaborating with the dealers.\u201d<\/p>\n

The CPCA\u2019s findings echoed a bearish forecast by the China Automobile Dealers Association (CADA) at the end of last year. The Beijing-based association said in a report that many of its members would turn from profit generators into corporate failures in two years.<\/p>\n

China is home to about 30,000 car dealers, which also engage in after-sales service, supply of spare parts and brokering of auto insurance sales.<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese car dealers, once the beneficiaries of the country\u2019s booming automotive market, are facing a bleak future as…\n","protected":false},"author":2,"featured_media":76144,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1668,2102,72,50056,50050,50054,50060,50062,50059,50057,50058,8177,113,26694,50052,61,60,13234,2105,50053,50055,50051,5698,50061],"class_list":["post-76143","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-asia-pacific","tag-beijing","tag-business","tag-cao-hui","tag-car-dealers","tag-car-inventories","tag-china-automobile-dealers-association","tag-china-grand-automotive-service","tag-china-passenger-car-association","tag-chinese-car-dealers","tag-cui-dongshu","tag-e-commerce","tag-economy","tag-electric-vehicle","tag-ev-price-war","tag-ie","tag-ireland","tag-jpmorgan","tag-ministry-of-industry-and-information-technology","tag-negative-cash-flow","tag-net-profit-margins","tag-rising-ev-penetration","tag-shanghai","tag-wantu-auto-service"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/76143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=76143"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/76143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/76144"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=76143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=76143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=76143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}