Lantian Group's June sales are expected to drop by about 60% month-on-month

As the largest automobile dealer group in Hunan Province, Lantian Group achieved sales of more than 8,000 units in May, but the sales volume in June is expected to be only about 5,000 units, a month-on-month decrease of about 60%. Tang Guohua, chairman of the group, said that the current market price competition is intensifying, and some brands are affected by the national new energy vehicle subsidy policy, and the price of a single model has dropped by 20,000 to 30,000 yuan, which has an impact on the terminal market sales.