The China Passenger Car Association (CPCA) said sales among 14 major players fell 10% in the first half of 2025, following an 18% decline in 2024.
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Ecommerce rivals squeeze China’s struggling car dealers
The China Passenger Car Association (CPCA) said sales among 14 major players fell 10% in the first half of 2025, following an 18% decline in 2024.
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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