1. The Ministry of Industry and Information Technology (MIIT) organized a roundtable meeting on international cooperation in the automotive industry, with representatives from 12 countries and regions participating. 2. Cui Dongshu: The profit margin

2026-10-27

1. The Ministry of Industry and Information Technology (MIIT) organized a roundtable meeting on international cooperation in the automotive industry, with representatives from 12 countries and regions participating. 2. Cui Dongshu: The profit margin of the automotive industry was 3.3% in the first nine months of 2026. 3. Hainan: By 2027, the proportion of new energy vehicles in newly added vehicles will be no less than 70%, and the ban on the sale of gasoline-powered vehicles by 2030 will be steadily promoted. 4. Porsche's profits remained stable, with the 911 model offsetting the decline in sales. 5. Volkswagen China: Officially obtained a Level 3 autonomous driving road test license in Hefei. 6. Volkswagen is considering extending the software architecture of its Chinese models to Europe. 7. US media: Chinese automakers' quarterly sales in Europe surpassed those of Japan. 8. SAIC Motor: Overseas sales exceeded one million vehicles in the first three quarters, surpassing the total sales of last year. 9. Japan will invest $640 million in subsidies to support the mass production of perovskite solar cells. 10. The All-China Federation of Industry and Commerce Automobile Dealers Chamber of Commerce: More than half of the brands' main fixed rebate payment periods in the third quarter will not exceed 30 days. 11. Audi, FAW Group, and SAIC Motor signed an agreement clarifying a "dual-brand, dual-partner" channel structure.