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China Association of Automobile Manufacturers: January-February 2026 automotive industry profit of 43.5 billion yuan, down 30% year-on-year
The China Passenger Car Association data shows that in January-February 2026, the automotive industry revenue was 1.4824 trillion yuan, a year-on-year decrease of 0.9%; costs were 1.3147 trillion yuan, an increase of 0.2%; profits were 43.5 billion yuan, a year-on-year decrease of 30%; the profit margin of the automotive industry is 2.9%, which is still relatively low compared to the average profit margin of 5.8% for downstream industrial enterprises.