China's auto industry profit margin fell to 3.8% in H1 2026, a ten-year low. Total industry profits dropped 20% YoY, with single-vehicle gross profit at just 13,000 yuan. While upstream mining profits surged 34%, mid- and downstream automakers are trapped in a cost transmission dilemma.
42910 hours ago
In May 2026, battery-grade lithium carbonate rebounded to over RMB 200,000/ton, automotive DRAM prices surged over 300%, and aluminum/copper costs rose sharply. At least 15 OEMs announced price hikes. Industry profit margins fell to 3.2%, a 10-year low.
55064 days agoIn May 2026, battery-grade lithium carbonate rebounded to over RMB 200,000/ton, automotive DRAM prices surged over 300%, and aluminum/copper costs rose sharply. At least 15 OEMs announced price hikes. Industry profit margins fell to 3.2%, a 10-year low.
15764 days ago
EX1000
