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整车厂向上游传导降本压力

The vehicle factory transfers cost reduction pressure upstream.

Gelonghui Finance ·  Nov 28 09:07

On November 28, according to China Securities Journal, on November 27, after BYD requested its suppliers to reduce product prices by 10%, SAIC Maxus Automobile Co., Ltd. also sent a letter to its suppliers stating that with the large number of new cars being launched, the imbalance between supply and demand in the market is expected to be difficult to fundamentally improve in the short term, leading to a price war that is hard to quell. "Cost control" will be the main theme of the auto industry in 2025. SAIC Maxus invites supplier partners to participate in major cost control projects together to enhance survival capacity under complex pressures, with the goal of reducing costs by 10%. On November 25, UBS Group's head of China auto industry research, Gong Min, stated that the auto price war may reappear in the first quarter of 2025, and it could potentially happen earlier than in previous years. From the research conducted across various parties in the auto supply chain, it has been found that under the auto price war, vehicle manufacturers are transferring price reduction pressure to upstream suppliers through various means. Some auto parts companies are engaging in practices such as cutting corners, delivering subpar products, and mixing recycled materials, while some vehicle manufacturers, due to reasons like price and production efficiency, are turning a blind eye during quality control and acceptance processes, ultimately affecting product quality and the safety of entire vehicles, thus harming consumer interests.

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