China’s car industry, the largest in the world, is still producing more cars, but profits tend to fall back. Pictured is a Xiaomi production line /Xiaomi
According to the usually well-informed news site CarNewsChina (CNC), the profit margin of China’s auto industry was 4.4% in 2025 (January to November), at some $2,000 per vehicle (€1,700), the second lowest in history.
The lowest in history was 2024, with 4.3%. Obviously, Chinese car manufact
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