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.