国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Auto Policy

Car dealership rules take new direction

By Li Fangfang (China Daily) Updated: 2014-08-05 07:19

Govt to alleviate inventory pressure, help consumers

The Chinese government is taking action to make the distribution of automobiles more transparent through simplifying the application and administration process, a move the industry regards as being related to an antitrust probe aimed at the fast-growing sector.

On Friday, the State Administration of Industry and Commerce issued a statement to halt applications for automobile dealerships as of Oct 1.

Once the measure goes into effect, the operational scope of the business license for existing dealerships will be unified from different branded vehicle sales to just vehicle sales.

The administration said in its statement that the move was to make the office's operating functions more market-oriented and to reinforce the monitoring and supervision of the automobile trade in order to further protect consumer rights and provide a fair market competition environment.

China Merchants Securities said in a report that the action may be a curtain raiser for the long-awaited amendment of the regulation regarding vehicle sales, which took effect in April 2005.

According to the regulation, the dealers must be authorized by the original equipment manufacturers before they apply for a business license from the administration and Ministry of Commerce.

"The regulation helped support the predominant power of OEMs and put the dealers in the back seat," said China Merchants Securities. "It stands against China's Anti-Monopoly Law. So the move will lead to the reform of vehicle distribution and after-service sectors."

Zhang Zhiyong, an independent auto analyst, said that the administration's action will support vehicle dealers, as the simplified process will greatly increase the efficiency of dealerships in opening new showrooms, as well as answer the government's appeal for simplifying the registration process for enterprises.

"It will also help alleviate dealerships' pressure from high inventories placed on them by OEMs due to their pursuit of sales," Zhang said.

Statistics from the China Automobile Dealers Association showed that in June, dealers' inventory reached its highest level in at least 12 months, as the index surged 9.6 percentage points from the previous month to 58.9 percent.

It was also the third month in 2014 that inventory surpassed the red line. Some dealers' inventory was almost five times their monthly sales.

Thus, "the administration's action will absolutely benefit dealers and consumers, as it will help provide a fairer environment in the vehicle market, so that the dealers may transfer their focus from fierce competition to innovation on operations and service," said Su Hui, deputy secretary-general of the association.

Car dealership rules take new direction Car dealership rules take new direction
Automakers lower prices following monopoly concerns 
New Benz 'menu' for transparent service pricing 

Hot Topics

Editor's Picks
...
原平市| 陵川县| 霞浦县| 南澳县| 易门县| 太白县| 个旧市| 湄潭县| 桂平市| 沈丘县| 太康县| 姜堰市| 巴林左旗| 宝清县| 灵寿县| 武山县| 舟曲县| 沐川县| 桐柏县| 绥芬河市| 北川| 琼海市| 济南市| 马边| 龙川县| 乾安县| 安康市| 莱芜市| 宣武区| 清远市| 额济纳旗| 陆良县| 松江区| 沾益县| 伊金霍洛旗| 固阳县| 邓州市| 密云县| 莱芜市| 白水县| 固安县|