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CPCA Reveals: Auto Industry Profits Plummet to 43.5 Billion Yuan in Jan-Feb 2026, Marking a 30% YoY Decline
13 hour ago /
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Author：小编
Data released by the China Passenger Car Association (CPCA) indicates that in the first two months of 2026, the auto industry's revenue amounted to 1,482.4 billion yuan, experiencing a slight 0.9% year-on-year decrease. Meanwhile, costs edged up by 0.2% to 1,314.7 billion yuan. Notably, profits took a significant hit, plunging by 30% year-on-year to 43.5 billion yuan. Consequently, the industry's profit margin contracted to 2.9%, well below the 5.8% average observed among downstream industrial enterprises.
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