China auto association flags concern over dealership losses to government
BEIJING: Car dealers incurred combined losses of 138 billion yuan (US$19.55 billion) in the first eight months of the year as they were forced to sell new cars at sizable discounts, the China Automobile Dealers Association (CADA) said on Monday (Sep 23). The losses were flagged in an emergency report on th
23 Sep 11:25 · CNA