Profit Growth of Automobile Manufacturing Industry Continued To Slow in First Three Quarters

Published: Oct 29, 2021 17:23

Save

The operating income of automobile manufacturing in the first three quarters stood at 6.2 trillion yuan, an increase of 11.3% year-on-year, according to the NBS data.

SHANGHAI, Oct 29 (SMM) – The operating income of automobile manufacturing in the first three quarters stood at 6.2 trillion yuan, an increase of 11.3% year-on-year, according to the NBS data.

And the growth rate fell 4.1% compared to January to August. That accounted for 6.8% of large scale industrial enterprises.

automobile operating income

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

Retail sales of household appliances and audiovisual equipment in 2025 increased by 11% YoY.

According to the China National Light Industry Council, in 2025, the retail sales of 11 categories of light industrial goods totaled 8,671.9 billion yuan, up 7.8% YoY. Among them, the retail sales of household appliances and audio-video equipment were up 11% YoY.

11 hours ago

In 2025, China's Refrigerator and Freezer Production and Sales Both Exceeded 140 Million Units

According to data from ChinaIOL, in 2025, China's refrigerator and freezer production and sales both exceeded 140 million units, increasing slightly YoY, but compared with the same period last year, the growth rate slowed down significantly.

11 hours ago

The enamelled wire industry has entered holiday mode, and the operating rate will drop to a low level next week.

According to SMM, enamelled wire enterprises have started their holidays today, and the industry is expected to fully enter holiday mode next week, with only a few enterprises maintaining reduced production. The operating rate of enamelled wire is projected to drop to 25.67%.

11 hours ago