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Nov 27, 2024, 4:49 am186 ptsTrendingTop
Digitimes
China's 4S dealership model, once a cash cow in the early 2000s, is unraveling under mounting pressure. The sector, which peaked around 2017, has been hit hard by fierce price wars and a market pivot toward domestic new energy vehicles (NEVs). From 2020 to 2024, over 10,000 dealerships are expected to shut…
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