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China’s Auto Dealers Need to Sell $72 billion Worth of Cars This Month

2019年06月04日 19:44 来源于 财新网
Dealerships stock as many as 3 million vehicles that do not comply with a new emissions standard taking effect July 1, industry group says
New cars in a lot in Zhengzhou, Henan province, on March 20, 2019.Photo: VCG

China’s auto dealerships still have millions of cars to sell this month if they want to clear inventories before a tough new emissions standard for new vehicles takes effect in July.

As many as 3 million cars that do not comply with China’s State VI vehicle emissions standard are sitting on dealer lots across the country, according to China Automobile Dealers Association (CADA).

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