According to data released by the China Passenger Car Association, the sales profit margin within China's auto industry is projected to plummet to a mere 4.1% by 2025, marking an all-time low. This downturn occurs despite the auto sector experiencing steady growth in both production and sales volumes. Specifically, cumulative production is expected to reach 34.531 million vehicles, while sales are anticipated to hit 34.4 million vehicles, reflecting year-on-year increases of 10.4% and 9.4%, respectively. However, this surge in production and sales has not translated into commensurate profit growth, as the industry's total annual profit has seen only a marginal uptick of 0.6%.
