Auto Giants Unify Supplier Payment Terms to 60 Days for Industry Chain Resilience

Published: Jun 10, 2025 22:20

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FAW Group, Dongfeng Motor, GAC Group, and Seres announced that they would unify the payment terms for suppliers to within 60 days, in line with the spirit of national policies. This move aims to leverage the role of "industry chain leaders" to promote efficient capital circulation, facilitate collaborative development of the industry chain, and jointly build a more resilient and innovative new ecosystem for the automotive industry.

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