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17 car companies collectively promise: Supplier accounts payments are uniformly paid within 60 days

2025-09-19 00:48:19 car

17 car companies collectively promise: Supplier accounts payments are uniformly paid within 60 days

Recently, the domestic automobile industry has ushered in a major change. 17 mainstream car companies jointly issued a statement promising to shorten the payment cycle of supplier accounts to within 60 days. This move aims to alleviate supply chain funding pressure and promote the healthy development of the industry. The following are the detailed content and structured data analysis that have been hotly discussed on the entire network recently.

1. Event background

17 car companies collectively promise: Supplier accounts payments are uniformly paid within 60 days

For a long time, the issue of account payment cycles in the supply chain of the automotive industry has attracted much attention. The payment cycle of some car companies is as long as 90 days or even 120 days, resulting in tight supplier capital chains and affecting overall production efficiency. This time, 17 auto companies collectively promised to shorten the payment cycle, marking a further improvement in industry self-discipline.

2. List of participating car companies

Car company namePrevious payment cycle (days)Adjusted payment cycle (days)
SAIC Group9060
FAW Group8560
Dongfeng Motor9560
Changan Automobile8060
GAC Group7560
BYD7060
Geely Auto6560
Great Wall Motors9060

(Note: The above is the data of some car companies, and other participating car companies include BAIC, Chery, NIO, Xiaopeng, Ideal, etc.)

III. Industry impact analysis

1.Supply chain funding pressure is alleviated: Shortening the payment cycle will directly improve the supplier's cash flow status, reduce financing costs, and improve supply chain stability.

2.Optimize the industry competition pattern: Unified payment cycle will help reduce vicious competition among car companies and promote the industry to transform to high-quality development.

3.Small and medium-sized enterprises benefit significantly: Small and medium-sized suppliers are more sensitive to the account cycle, which will significantly reduce their operating risks.

4. Hot topics for netizens

According to the public opinion monitoring of the entire network for nearly 10 days, the discussions on related topics mainly focus on the following aspects:

Discussion directionPopularity indexRepresentative Views
Policies favorable85"This will effectively improve the supply chain ecology"
Execution concerns72"The key depends on actual implementation"
Industry impact68"May drive other industries to follow suit"
Supplier feedback63"Looking forward to the implementation of the policy as soon as possible"

5. Expert opinion

Deputy Secretary-General of the China Association of Automobile Manufacturers said: "This commitment reflects the social responsibility of car companies and helps build a more harmonious industrial ecology. It is recommended to establish a supervision mechanism to ensure the implementation of the commitment."

A professor at the Institute of Automobile Industry at Tsinghua University pointed out: "The 60-day payment cycle is in line with the international level, which will enhance the global competitiveness of China's automobile industry."

6. Future prospects

1.Establishment of supervision mechanism: Industry organizations may establish a regular public announcement system to supervise the performance of car companies.

2.The scope may be expanded: More auto companies are expected to join this initiative to form new industry standards.

3.International influence: This move may promote the reshaping of payment standards in the global automotive industry chain.

The joint commitment of 17 auto companies is not only a favorable benefit to suppliers, but also an important step for China's automobile industry to move towards high-quality development. The industry hopes that this policy can be implemented effectively and inject new impetus into the development of the industry.

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