China's vehicle manufacturing profit margin hits a new low; GAC Group reports a loss of over 4.4 billion in the first half - Chronicle

On September 15, Reuters reported that China's vehicle manufacturing profit margin has fallen to 1.5%, a ten-year low. Despite a 9.13% increase in revenue in the first half of the year, GAC Group reported a net loss of 4.467 billion yuan. On September 14, GAC announced plans to acquire equity in a joint-venture automaker under FAW Group; market speculation suggests the target may be FAW Toyota, aiming to promote the integration of northern and southern Toyota operations.

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2026-09-16 01:48 · 中国整车制造利润率降至1.5%创十年新低，广汽上半年营收增长却净亏44.67亿元。

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This event China's vehicle manufacturing profit margin hits a new low; GAC Group reports a loss of over 4.4 billion in the first half 2026.09.16 · Reported

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Sayings · 2026-09-16 01:42 China's vehicle manufacturing profit margin drops to 1.5%, a ten-year low; GAC Group reports revenue growth but a net loss of 4.467 billion yuan in the first half.

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