Majority of China car dealerships lose money as price war deepens

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2026-04-29 20:53:21 -

56 percent of retailers booked losses

56 percent of retailers booked losses

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Majority of China car dealerships lose money as price war deepens

A China Automobile Dealers Association survey shows 56 percent of retailers booked losses in 2025 as a price war forced 82 percent to sell new cars below wholesale cost. Only 24 percent remained profitable.

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