The Zhitong Finance App learned that the China Automobile Dealers Association issued an article stating that in December, manufacturers and dealers will continue to increase terminal promotions in order to sprint to the annual goal; at the same time, some demand for car purchases before the Spring Festival has also begun to be gradually released. For first-time car buyers, the preferential NEV purchase tax policy is about to decline, and it still forms a strong driving force for year-end car purchases. However, considering the industry's general expectation that the “two new” policies will continue next year, and the effect of car companies' new energy “purchase tax underwriting” plans to stabilize expectations, part of the replacement demand will shift to January next year. Combining the above factors, it is expected that the terminal consumer market will show a moderate upward trend in December, but it is difficult to form a significant “backward” market. Combined with the sales volume in November and the level of dealer data growth in the first half of December, it is estimated that passenger car terminal sales will be around 2.35 million units for the whole month of December.

Zhitongcaijing · 2d ago
The Zhitong Finance App learned that the China Automobile Dealers Association issued an article stating that in December, manufacturers and dealers will continue to increase terminal promotions in order to sprint to the annual goal; at the same time, some demand for car purchases before the Spring Festival has also begun to be gradually released. For first-time car buyers, the preferential NEV purchase tax policy is about to decline, and it still forms a strong driving force for year-end car purchases. However, considering the industry's general expectation that the “two new” policies will continue next year, and the effect of car companies' new energy “purchase tax underwriting” plans to stabilize expectations, part of the replacement demand will shift to January next year. Combining the above factors, it is expected that the terminal consumer market will show a moderate upward trend in December, but it is difficult to form a significant “backward” market. Combined with the sales volume in November and the level of dealer data growth in the first half of December, it is estimated that passenger car terminal sales will be around 2.35 million units for the whole month of December.