Latest news with #supplierpayments
Reuters
2 days ago
- Automotive
- Reuters
At least eight Chinese automakers pledge to pay suppliers within 60 days
SHANGHAI, June 11 (Reuters) - At least eight Chinese automakers, including industry leaders BYD , Chery ( and Geely ( opens new tab, have published statements since late Wednesday saying they would pay their suppliers within 60 days. The regulation, effective June 1, requires big companies settle payments with suppliers within 60 days after they deliver commodities, engineering and services.
Yahoo
2 days ago
- Automotive
- Yahoo
At least eight Chinese automakers pledge to pay suppliers within 60 days
SHANGHAI (Reuters) -At least eight Chinese automakers, including industry leaders BYD, Chery and Geely, have published statements since late Wednesday saying they would pay their suppliers within 60 days. The regulation, effective June 1, requires big companies settle payments with suppliers within 60 days after they deliver commodities, engineering and services. Sign in to access your portfolio
