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Analysis: Chinese dealerships struggle as growth slows in the automobile market

Gasgoo.com (Shanghai) - The decline in sales growth in the Chinese automobile market is increasingly influencing automobile dealerships across the country. According to a recent study done by J.D. Power and Associates, only 63 percent of automobile dealerships in the country made a profit in 2011, compared with 81 percent the year before. The amount of Chinese dealerships reporting a deficit, meanwhile, jumped from nine percent in 2010 to 20 percent last year. With the state of dealerships continuing to deteriorate, there are fears that the market may witness negative sales growth in the near future.

Jun. 12 , 2012