Net profit fell by more than 30% last year, Changan Automobile was trapped in "small"

Sina - 14/04
Net profit fell by more than 30% last year, Changan Automobile was trapped in "small"

Source: Beijing Business Daily

Changan Automobile, which has accelerated its integration with Dongfeng Motor, has fallen into a vicious circle of increasing revenue but not increasing profits. On April 13, a Beijing Business Daily reporter found that last year, Changan Automobile sales reached 2.684 million units, a year-on-year increase of 5.1%, setting a new high in the past seven years. Among them, the sales of new energy vehicles reached 735,000, a year-on-year increase of 52.8%. While overall annual sales hit a new high, Changan Automobil...
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