BYD Dealer In China Shakes Crisis, Company Blames Partner Aggressive Expansion

JAKARTA - BYD's Department of Brands and Public Relations has finally opened its voice responding to issues about the potential disruption of the funding chain experienced by Qiancheng Group, their dealer partner in China.

Launching Carnewschina, Sunday, June 1, BYD emphasized that the company's policy on dealer networks has been running stably and consistently in recent years. They call the crisis that occurred in Qiancheng Group more due to internal errors in business management.

"This problem is rooted in the aggressive expansion strategy carried out by the dealer group concerned, which relies on debt financing without careful planning," said BYD.

However, different views arise from Qiancheng Group's internal document dated April 17, 2025. In the document, Qiancheng's management blamed BYD for adjusting the network's policy which they said exacerbated cash flow conditions.

"The adjustments BYD has made over the past two years have put great pressure on our finances," the internal statement said.

The document also states that external conditions, such as worsening the automotive business climate in Shandong Province and tightening financing policies from the banking sector, have also exacerbated the crisis.

This situation raises questions from the public regarding BYD's responsibility in supervising and ensuring the continuity of its official dealer network.

Many customers feel disappointed and lost their trust because they have bought a vehicle through an official dealer who is now out of business.

BYD added that since late 2024, several local dealers have taken over a number of affected 4S stores (sales, services, spare parts, surveys).

The company claims to have provided assistance and support to solve the problems experienced by customers and employees.

Previously, it was reported that around 20 4S outlets belonging to Shandong Qiancheng Holdings Co Ltd, which is a BYD partner in Shandong Province, had been forced to stop operations since April 2025 due to the financial crisis.

The showrooms are now no longer displaying BYD vehicles, marking the collapse of a network of dealers who used to be the main seller of the number one BYD car in China.

One of the main dealers, Jinan Qiansheng, formerly known as the backbone of BYD's sales in the region, is now known for his bankruptcy case.