China to allow car selling without brand authorization

Updated 2017-04-15 10:00:44 Xinhua

Auto trading companies will no longer need to gain authorization from automobile brand owners to sell vehicles from July, according to new measures unveiled Friday.

The preceding measures implemented since 2005, which require that all car dealers secure authorization from brand owners, will be repealed from July 1, 2017, the Ministry of Commerce (MOC) said in a statement.

The authorization system had helped safeguard market order and contributed to the rapid development of the Chinese auto market, the MOC said in a statement.

However, the system also gave rise to monopolistic practices, dragged on competition and made auto parts expensive.

In the future, both authorized and unauthorized car sales companies will be allowed to operate, according to the new measures.

"Automobile marketplaces, stores and e-commerce outlets will be the new ways to sell cars in China," the MOC said.

The new measures will help improve sales and after-sales service across different auto brands, an approach that will save resources, improve efficiency and improve services, it added.

China had remained the world's largest automobile manufacturer and market for eight consecutive years by 2016, with both auto output and sales exceeding 28 million units last year.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 20 2018 08:54:23

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 20 2018 08:54:23

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 20 2018 08:54:23

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords