The All-China Federation of Industry and Commerce Automobile Dealers Chamber of Commerce calls for optimizing rebate policies

The All-China Federation of Industry and Commerce Automobile Dealers Chamber of Commerce recently issued a statement calling on automakers to optimize rebate policies and shorten the rebate redemption period. The statement pointed out that currently about 80% of the main selling models have price inversion problems, and the inversion amount generally exceeds 20%. In this market situation, whether auto manufacturers can timely redeem the rebates promised to dealers is crucial to easing dealers' financial pressure and improving dealers' operating conditions.