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![leixing77 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::43349743.png) Lei 𝕏ing邢磊 [@leixing77](/creator/twitter/leixing77) on x 8773 followers
Created: 2025-06-10 16:13:59 UTC

Automakers that have announced 60-day max payment terms for suppliers within a 3-hour+ period this evening China time:

GAC Group
FAW Group
Dongfeng Motor Corp.
SERES Group
Geely Auto Group
Chang'an Auto

This list will balloon over the coming hours and days stemming from the fall out (and outcry) from automakers and government bodies/industry associations calling for fair, orderly, high quality and sustainable competition following the latest round of price cuts led by BYD and Geely toward the end of May, as well as adhering to the Regulation on Ensuring Payments to Small and Medium-Sized Enterprises that went into effect June X. 

PR teams from the rest of Chinese automakers right now are scrambling to putting together similar statements to be released soon...

#bloodbath

![](https://pbs.twimg.com/media/GtF_1ivW8AAEEm7.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1932471314264080609/c:line.svg)

**Related Topics**
[geely](/topic/geely)
[$0489hk](/topic/$0489hk)
[china](/topic/china)

[Post Link](https://x.com/leixing77/status/1932471314264080609)