China’s Car Market Posts Record Sales, but Profits Hit a Wall

China’s Car Market Posts Record Sales, but Profits Hit a Wall

China’s Car Market Posts Record Sales, but Profits Hit a Wall - Brutal EV price war and rising material costs drag December margins to record low of 1.8%

China’s car market posts record sales while profits down

China’s automobile sector posted record revenue of RMB 11.2 trillion ($1.6 trillion) in 2025, up 7.1% year-on-year, while profit growth failed to keep pace, sinking to a record monthly low of 1.8% in December 2025, dragging the full-year average to just 4.1%, reports Caixin. This is according to data released Tuesday by the China Passenger Car […]