23 Jan Chinese car dealer Guangdong Yongao’s collapse signals another bruising year for stagnating market
Posted at 01:50h
in Asia
A Chinese car dealership that operated as many as 80 stores across the southern province of Guangdong went bankrupt last week, in a sign the intense competition that has roiled the world’s biggest car market may extend into another year.Salespeople from Guangdong Yongao Investment Group...