Lower profit margins set to foil Chinese carmakers’ price war plans despite falling sales

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Source: South China Morning Post
Published: 2026-07-26 18:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Asia, Military & Defence, China, Financial Markets, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
Net earnings from the sale of a 100,000 yuan car now stand at just 1,500 yuan, according to China Association of Automobile Manufacturers
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