Changan Automobile Chairman Zhu Huarong: Annual sales of 3 million vehicles are only enough to survive

On April 21, at the global strategy launch conference of Changan Automobile Group, Zhu Huarong, Chairman of Changan Automobile, stated that the competitive landscape of the automotive industry will be largely formed in the next 3 to 5 years, with extremely high barriers to entry. At that time, the world will enter an era where the strong get stronger, and the scale threshold for car companies will continue to rise. Companies with annual sales of 8-10 million units will truly thrive, those with 5-7 million units will barely survive, and those with 3-3.5 million units will only be able to stay afloat.