China's largest car dealer sold 710,000 cars in 2023. Now most of its stores are empty.

Sun, 28 Jun 2026 00:00:00 +0800

China’s largest car dealer sold more than 710,000 vehicles in 2023. Two years later, most of its stores sit empty.

Guanghui Auto has effectively exited the new car business, the company confirmed to Chinese media this week. Of the 500-plus dealership properties it owns outright, only about 30 are still operating — and those mostly handle after-sales repairs, not new car sales. The rest are either rented out or vacant.

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China's largest car dealer sold 710,000 cars in 2023. Now most of its stores are empty.