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Changan

Industry Profit Margin Drops to 2.9%: Sales Without Profit Are Fake Sales

Industry Profit Margin Drops to 2.9%: Sales Without Profit Are Fake Sales

At the Future Automotive Pioneer Conference on May 29, Avatr Technology Chairman Wang Hui revealed that 2025 domestic auto sales exceeded 34.4 million units but industry profit margin was only 4.1%, dropping further to 2.9% in Jan-Feb 2026. He proposed three "value leap" insights: shifting from selling cars to making premium products, from tech competition to safety focus, and from design following to original profitability.

165 views2026-05-30
Chinese Brands Capture 40% of Russia's Passenger Car Market, Reshaping Export Landscape

Chinese Brands Capture 40% of Russia's Passenger Car Market, Reshaping Export Landscape

Latest 2026 data shows Chinese brand passenger vehicles now hold 40% market share in Russia, making China the largest brand camp in the country. This means 4 out of every 10 new cars sold are Chinese. Chery, Haval, Geely and Changan have established deep roots through KD assembly and localized operations, while Japanese and Korean brands continue to retreat. For Central Asian and Russian buyers, the choice space, after-sales network and product iteration speed of Chinese cars have fundamentally changed.

547 views2026-05-28

China's Auto Exports to Russia Hit 186,800 Units in Q1 2026, Up 97.1%

In Q1 2026, Russia reclaimed its position as China's top auto export destination with 186,800 units, up 97.1% year-on-year. This strong rebound marks Chinese OEMs' transition in the Russian market from an "inventory clearance" phase to "structural recovery." Brazil followed with 166,800 units, surging 242.8% year-on-year. Chery, GWM, and Geely are transforming Russia's trade barriers into drivers for localized upgrades through KD assembly and local partnerships.

224 views2026-05-20

China's Top 5 Domestic OEMs Jan-Apr 2026: BYD Leads by a Crushing Margin with 1.387 Million Units

January-April 2026 Chinese domestic brand sales rankings are in. BYD leads with a staggering 1.387 million units, nearly equaling the combined sales of ranks two through five. Geely holds second place with 672,000 units, followed by Chery (584,000), Changan (519,000), and GWM (396,000). NEV penetration rates vary dramatically among the five—BYD achieves 100%, while GWM sits at just 23.8%.

224 views2026-05-20

Changan Unveils 5-Country Service Network Plan: 50 Cities by End of 2026

Changan Automobile has formally released its Central Asia five-country service network expansion plan, targeting coverage across 50 cities in Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan by end of 2026. This represents the largest after-sales service network construction plan by a Chinese OEM in Central Asia, directly addressing overseas buyers' core concern about after-sales protection.

216 views2026-05-19