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What's News? August 16, 2012 | 0 Comments

Buick fines dealr who offered group purchase

Buick recently fined a Beijing 4S dealer that held group purchase promotions to attract customers. At the same time, the company notified all other 4S dealers in Beijing that all forms of group purchase promotions must be stopped.

Car dealers have been engaged in various promotional attempts over the past few months in efforts to clear stocks. According to a China Automobile Dealers Association investigation that covered over 1,000 dealers, the comprehensive stock parameter increased to 1.98 in June from 1.49 in January, much higher than the average stock parameter of 1.5.

Source: Webcars

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