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Chinese Car Company Dealers March On Company HQ For Not Giving Them Any Cars

Gonow in happier times back in 2012, making a 10,000 order delivery to Africa. Where in Africa, Gonow did not say. Credit: GAC
Gonow in happier times back in 2012, making a 10,000 order delivery to Africa. Where in Africa, Gonow did not say. Credit: GAC

Chinese car company Gonow (a sub-brand of Guangzhou Automobile Group) is in rough shape at the moment. How rough? They’ve stopped delivering cars to their dealerships, and the dealers themselves have marched on the company headquarters.

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Today, no fewer than 50 Gonow dealers demonstrated in front of their company’s headquarters in Hangzhou (which is actually about half a day north of Guangzhou). The dealers’ complaint is that Gonow hasn’t delivered them any new cars since March of last year. They want Gonow to compensate them for their losses accrued while running dealerships with nothing to deal, English China News Service reports.

Things look bad for the dealers; the last response Gonow made to its dealers is that its sales were so bad and its debt so high that the company mortgaged off all of its production equipment, production facilities, and even real estate.

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Raphael Orlove is features editor for Jalopnik.

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DISCUSSION

1955mercury
55_mercury

Kind of cool looking little trucks there too. I bet they’re dirt-cheap too.