Auto companies promote consumption upgrade in Guiyang

The online and offline sales promotion of the 2020 Guiyang Import and Export Online Fair will last for three days from June 26 in Guiyang, capital of Southwest China's Guizhou province.

During the promotion, several auto companies in Guiyang will provide discounts by cooperating with financial institutions to stimulate sales.

About 200 automobile brands -- including Mercedes Benz, Audi, Cadillac, Nissan and Geely -- will offer buyer discounts, gas vouchers and a special subsidy for customers to save up to 160,000 yuan ( $22,635.42).

Customers can also enjoy installment plan discounts, fuel charging discounts, zero interest on hire purchase contracts and special subsidies when applying for installment discounts at designated financial institutions.