New Giao RV Profit Warning

Chinese company Changan has introduced the Fengjing Blue Whale Tourer RV motorhome. The model is equipped with a 2.0T petrol engine producing 233 hp and includes sleeping areas, a kitchen, and a bathroom. The price in China ranges from 330 to 380 thousand yuan.

Chinese motorhome manufacturer Newgenesis reported a 12-32% decline in net profit for the 2025 fiscal year. The drop is attributed to a sales slump in the Australian market due to inflation and rising interest rates, as well as increased operating expenses from expanding its network of company-owned stores.

A Class B motorhome featuring a 'rear kitchen-bathroom' layout has been introduced. The key feature is the placement of the cooking area and bathroom at the rear of the vehicle, freeing up central cabin space. The design aims to create a more spacious living area within a compact body.

Motorhome manufacturer New Giao RV forecasts a net profit of 31 to 40 million yuan for the 2025 fiscal year, down 12-32% from 2024. The decline is attributed to a downturn in the RV market, increased production costs for a new hybrid off-road travel trailer model, and higher expenses from expanding its dealership network.

Chinese motorhome manufacturer Xinji Ao RV expects its net profit for the 2025 fiscal year to be between 31 and 40 million yuan, down 12-32% from 2024. The decline is attributed to an unexpected sales drop due to macroeconomic volatility, negative gross margins on new models, and increased selling expenses from expanding its self-operated store network.

Xinji Ao RV forecasts a decline in annual net profit. Preliminary figures indicate a profit of 31 to 40 million yuan for the 2025 fiscal year, representing a 12-32% decrease compared to 2024. The decline is attributed to a drop in motorhome demand amid macroeconomic instability, low margins on new models, and increased costs from expanding the dealership network.