Auto Industry Sees 17% Profit Drop, Revenue Up 1%, Costs Rise 2%, Jan-Apr 2026 Amid Economic Challenges

Published: May 29, 2026 09:14

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[Cui Dongshu: Auto Industry Profit Margin at 3.4% with Revenue Up 1%, Costs Up 2%, and Profits Down 17%, January-April 2026] Cui Dongshu of the CPCA wrote that from January to April 2026, despite multiple challenges including the complex evolution of the international environment and domestic transformation pressures in China, the national economy got off to a good start with improved quality and efficiency. Profits in the equipment manufacturing and high-tech manufacturing industries grew rapidly, while the raw material manufacturing industry saw double-digit profit growth, laying a solid foundation for stable economic performance throughout the year.

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