More than 10 automakers have announced that they will unify their supplier payment terms to within 60 days
Recently, more than 10 automobile companies have announced that they will unify the payment period for suppliers to within 60 days, taking concrete actions to accelerate the capital turnover efficiency of the industrial chain and promote the healthy and sustainable development of the automobile industry. So far, BYD Auto, FAW Group, Dongfeng Motor, Geely Auto Group, GAC Group, Seres Group, Changan Automobile, Chery Group, Great Wall Motor, Xiaopeng Motors, Xiaomi Motors, etc. have recently announced that they will unify the payment period for suppliers to within 60 days. Industry insiders believe that relevant measures are conducive to ensuring the stability of the industrial chain and supply chain and promoting the coordinated development of upstream and downstream enterprises in the industrial chain.