"Group Standard for Calculating the Total Cost of Automobiles in China's Automotive Industry" officially released.

Recently, the Group Standard "China Automobile Industry Vehicle Cost Calculation Standard" organized by the China Association of Automobile Manufacturers, and jointly participated by 18 mainstream domestic vehicle companies, was officially released. This is the first set of unified cost calculation rules for the entire vehicle field in China, ending the historical situation of inconsistent cost accounting standards and lack of benchmarks in the industry. It is not only a key measure to regulate disorderly price competition and promote high-quality development in the automotive industry, but also an important achievement in the industry's consensus-building and the establishment of industry self-discipline rules.