Core Viewpoint - The article emphasizes the importance of the automotive industry in China and highlights the role of the China Automobile Dealers Association in facilitating communication and research within the sector [4][6]. Group 1 - The China Automobile Dealers Association aims to serve automotive enterprises and contribute to the development of the Chinese automotive industry [6]. - The association is recognized as a valuable platform for automotive information exchange and industry research [6]. Group 2 - The association's values include professionalism, sharing, efficiency, and innovation, which are crucial for the growth and sustainability of the automotive sector [6].

Core Viewpoint - The domestic narrow passenger car market in China experienced a retail sales decline of 13.9% year-on-year in January 2026, with sales reaching 1.544 million units, attributed to the end of the 12-year new energy vehicle purchase tax exemption policy, leading to a temporary dip in demand [2][4]. Sales Data Summary Wholesale Sales Rankings (January 2026) - Geely Automobile led with 270,167 units sold, a 1.3% increase, capturing 13.7% market share - BYD Automobile followed with 205,518 units, down 30.7%, holding 10.4% market share - Chery Automobile sold 193,969 units, down 12.0%, with a 9.8% market share - Volkswagen sold 128,001 units, down 1.7%, with a 6.5% market share - SAIC Passenger Vehicle sales increased by 53.6% to 77,421 units, capturing 3.9% market share [6]. Retail Sales Rankings (January 2026) - Geely Automobile again led with 209,661 units sold, down 12.6%, holding 13.6% market share - Volkswagen sold 132,300 units, down 3.5%, with an 8.6% market share - BYD's retail sales dropped significantly by 53.0% to 94,176 units, capturing 6.1% market share - SAIC Volkswagen sold 89,600 units, down 9.3%, with a 5.8% market share - Changan Automobile's sales decreased by 33.5% to 81,074 units, holding 5.2% market share [7]. New Energy Vehicle (NEV) Wholesale Sales Rankings (January 2026) - BYD led NEV sales with 205,518 units, down 30.7%, capturing 23.8% market share - Geely followed with 124,252 units, up 2.6%, holding 14.4% market share - Tesla China sold 69,129 units, up 9.3%, with an 8.0% market share - Chery sold 46,802 units, down 14.9%, with a 5.4% market share - SAIC Passenger Vehicle saw a significant increase of 576.9% to 28,179 units, capturing 3.3% market share [9]. New Energy Vehicle (NEV) Retail Sales Rankings (January 2026) - BYD again led with 94,176 units sold, down 53.0%, holding 15.8% market share - Geely sold 92,135 units, down 21.6%, with a 15.5% market share - Hongmeng Zhixing saw a significant increase of 65.5% to 57,915 units, capturing 9.7% market share - SAIC's sales increased by 83.3% to 40,016 units, holding 6.7% market share - Xiaomi Automobile sold 39,002 units, up 70.3%, with a 6.5% market share [10].

Group 1: Low-altitude Economy and Digital Infrastructure - The Ministry of Industry and Information Technology and four other departments aim to establish a "digital foundation" for the low-altitude economy, targeting a 90% coverage of the national low-altitude public air route communication network by 2027 [4][5] - Key tasks include enhancing 5G network coverage below 300 meters and integrating satellite communication to support logistics and urban governance applications [5] - The low-altitude economy is projected to reach a scale of 3.5 trillion yuan by 2035, with over 200 billion yuan in new investments anticipated [5] Group 2: Electric Vehicle Market and Policy Changes - The establishment of a national unified electricity market is transforming electric vehicles from mere "electric terminals" to "mobile energy storage units," enhancing grid flexibility and creating new revenue models for vehicle owners [6][7] - Canada plans to eliminate the 100% additional tax on Chinese electric vehicles, allowing an annual quota of 49,000 vehicles to enter the market, which will gradually increase to 70,000 [18][21] - The Canadian government will also restart subsidy programs, investing 2.3 billion CAD to assist consumers with new vehicle costs and 1.5 billion CAD for charging infrastructure [21] Group 3: Automotive Industry Developments - FAW Jiefang is expanding its strategic cooperation and local production overseas, including a partnership with Cainiao Group to build a global auto parts e-commerce platform [8][9] - The company has launched its first locally produced LN 4×4 truck in Indonesia, with plans to invest up to 10 billion yuan in wealth management to enhance capital efficiency [9] - Shaanxi Automobile has officially changed its name to Shanxi Tongxi New Energy Vehicle Co., with a shift in control to Xi Heavy Automobile, marking a strategic pivot towards becoming a leader in new energy heavy trucks [10][11] Group 4: Autonomous Driving Collaborations - Autonomous driving companies are shifting from technology development to large-scale deployment through partnerships with automotive and mobility platforms, focusing on markets in China, the US, and the Middle East [12][13] - Notable collaborations include Pony.ai with Toyota for mass production of autonomous vehicles and Baidu's partnership with Uber for commercial operations in Dubai [13] - Waymo is expanding its autonomous taxi services in Nashville and plans to deploy 1,200 self-driving taxis in the Middle East by 2027 [13] Group 5: New Energy Heavy Trucks and Market Trends - The latest product announcements indicate a significant increase in the proportion of new energy heavy trucks, which now account for 40.3% of the market, with a notable rise in battery-swappable models [17] - The shift in purchasing decisions among light commercial vehicle users is moving towards a comprehensive evaluation of total cost of ownership (TCO) rather than just initial purchase price [23][24]

Domestic News - The Supreme Court of China clarified that the driver remains the primary responsible party even when using advanced driver-assistance systems, emphasizing that activating such systems does not absolve the driver of their responsibilities [2] - The Ministry of Industry and Information Technology (MIIT) has proposed a new national standard that removes all technical content related to half-width steering wheels, indicating that such designs will not receive official support in the short term [3] - SAIC Motor Corporation announced plans to establish a private equity investment fund with an initial subscription size of 2.5 billion yuan, focusing on solid-state batteries, digital chassis, and AI technologies [4] - Lantu Automotive plans to list approximately 885.38 million H-shares on the Hong Kong Stock Exchange on March 19, 2026, through an introduction method [5] - Zeekr has established a new sales service company in Shenzhen with a registered capital of 10 million yuan, focusing on the sale of new energy vehicles and related components [6] - GAC Trumpchi has launched a global naming campaign for its new rugged off-road vehicle, which is designed for various environments [7] - CATL and Chery Automobile have jointly established a new company with a registered capital of 2 billion yuan, focusing on battery manufacturing and sales [8] - Great Wall Motors' new parts factory in Tianjin is set to begin production in March 2026, with an investment of 1.153 billion yuan and an expected annual output value of approximately 3 billion yuan [9] International News - U.S. tariffs have caused Japanese automakers to lose approximately 137 billion yen (about 1.37 billion USD) in operating profits, significantly impacting their financial performance [11] - Global electric vehicle registrations saw a slight decline of 3% year-on-year in January 2026, totaling around 1.2 million units, attributed to changes in subsidy policies in China and the U.S. [12] - Vietnam's new car sales surged by 90% year-on-year in January 2026, reaching 29,774 units, despite a 30% decline from the previous month [13] - Baidu and Uber are set to launch an autonomous ride-hailing service in Dubai, aiming to support the government's goal of achieving 25% of trips via autonomous vehicles by 2030 [14][15] Commercial Vehicles - Chery's Wuling brand has launched the R08 EV, which has sold over 10,000 units in three months, emphasizing its cost-effectiveness and global market strategy [16] - New regulations for the TIR convention have been implemented to streamline cross-border road transport, enhancing efficiency while tightening compliance requirements [17] - In January 2026, Shenzhen's functional autonomous vehicles completed 2.42 million delivery orders, marking a 29% increase in operational efficiency [18] - XCMG showcased its pure electric dump truck at a green mining exhibition in Southeast Asia, designed for high-intensity operations in challenging environments [19]

Domestic News - The State Administration for Market Regulation released the "Compliance Guidelines for Pricing Behavior in the Automotive Industry," highlighting legal risks associated with misleading pricing practices [5] - The Ministry of Industry and Information Technology is soliciting public opinions on five mandatory national standards, including "Safety Requirements for Autonomous Driving Systems in Intelligent Connected Vehicles" [6] - The Ministry of Commerce announced that consumers purchasing new cars during the 9-day Spring Festival holiday can apply for vehicle trade-in subsidies [7] - Sichuan Province will provide subsidies up to 15,000 yuan for consumers who replace their vehicles with new energy or low-emission cars [8] - Shenzhen is launching a pilot program for "Vehicle-Road-Cloud Integration" in intelligent connected vehicles [9] - Xiaomi's charging network has over 1.7 million charging stations, marking a 66.7% year-on-year increase [10] - GAC Group has surpassed 2,000 self-operated charging stations, covering 211 cities nationwide [11] - Tesla has deepened localization in China by launching WeChat in-car features for its Model 3 and Model Y [12][13] International News - Canada plans to add 8,000 electric vehicle charging stations, investing over 84.4 million CAD to enhance its existing network of over 30,000 stations [14] - Tata Motors and Stellantis signed a memorandum of understanding to explore further collaboration in manufacturing and supply chain in India and overseas [15] - Ford plans to launch five new models priced under $40,000 in the U.S. by 2030, starting with an electric four-door pickup [16] - Toyota will introduce its first electric vehicle manufactured in the U.S. by the end of this year [17] Commercial Vehicles - FAW Jiefang's first product from its Indonesian KD factory has successfully rolled off the assembly line, marking a significant step in local manufacturing capabilities [18] - Beijing's 2026 Comprehensive Transportation Governance Action Plan aims to promote low-carbon transportation and increase the coverage of charging facilities for electric vehicles [19] - Qingling has signed a KD project agreement with local manufacturers in Africa, planning an initial production capacity of 20,000 units [20] - BYD is upgrading its Shark 6 pickup for the Australian market with a 2.0T plug-in hybrid system to enhance towing capacity [21]

Core Viewpoint - In January 2026, Shanghai's total vehicle registration reached 45,471, marking a year-on-year increase of 31.78% but a month-on-month decrease of 17.13% [2][3]. Vehicle Registration Breakdown - **Imported Passenger Cars**: 3,740 units registered, showing a year-on-year decrease of 4.18% and a month-on-month increase of 133.31% [3][8]. - **Domestic Passenger Cars**: 5,212 units registered, with a year-on-year increase of 3.87% and a month-on-month increase of 107.73% [3][9]. - **Small Passenger Cars (excluding sedans)**: 8,358 units registered, reflecting a year-on-year increase of 3.48% and a month-on-month increase of 69.53% [3][10]. - **New Energy Passenger Cars**: 26,244 units registered, indicating a year-on-year increase of 65.96% but a month-on-month decrease of 34.90% [3][11]. - **Large Buses**: 223 units registered, with a year-on-year increase of 52.74% but a month-on-month decrease of 61.42% [3]. - **Small Trucks**: 1,029 units registered, showing a year-on-year increase of 44.93% and a month-on-month decrease of 69.41% [3]. - **Large Trucks**: 665 units registered, reflecting a year-on-year decrease of 20.64% and a month-on-month decrease of 57.72% [3]. Monthly Registration Trends - The cumulative monthly vehicle registration in Shanghai has shown fluctuations over the past few years, with January 2026 experiencing a notable total of 45,471 registrations [4][5][6]. Source Country of Imported Cars - **Germany**: 2,090 units registered, a year-on-year decrease of 11.40% but a month-on-month increase of 133.78% [8]. - **Japan**: 1,046 units registered, with a year-on-year increase of 13.57% and a month-on-month increase of 109.62% [8]. - **United Kingdom**: 442 units registered, showing a year-on-year increase of 0.68% and a month-on-month increase of 309.26% [8]. - **United States**: 16 units registered, reflecting a year-on-year decrease of 15.79% and a month-on-month decrease of 30.43% [8]. Domestic Car Types - **Luxury Cars**: 1,662 units registered, with a year-on-year decrease of 7.62% and a month-on-month increase of 206.08% [9]. - **Mid-High Level Cars**: 2,222 units registered, showing a year-on-year increase of 1.88% and a month-on-month increase of 110.22% [9]. - **Mid-Level Cars**: 950 units registered, reflecting a year-on-year increase of 34.37% and a month-on-month increase of 34.94% [9]. - **Popular Cars**: 378 units registered, with a year-on-year increase of 14.20% and a month-on-month increase of 84.39% [9].

点 击 蓝 字 关 注 我 们 | 目录 | | | | | | | --- | --- | --- | --- | --- | --- | | 序号 | 生产厂商 | 子车型 | 上市时间 | 细分市场及车身结构 | 工程更改规模 | | 1 | 凯翼汽车 | 凯翼 昆仑 | 2026 / 02 / 10 | B SUV | NM | | 注:工改授定义 全新产品(MP):全新上市车型,车型名称是全新的。 小改款(IICE1):指车型的配置、外观造型发生小范围变化,但不涉及车型模具的 更改及发动机或变速箱的调整。 | | | 中改款(MCE2-2):指车型涉及发动机或变速箱的改变,但不涉及前脸造型或模具的改变。 换代产品(GP):车型平台发生改变,从而产生的全新一代的车型。 新增年型(M):现有车型线上新增某款车款。 | | | | 中改款(ICE2-1):通常指车型的facelift,即车型的前脸造型或模具的改变,但 不涉及动力的改变。 | | | 大改款(NCE3):指车型的模具和动力都进行改变。 价格调整(MSRP):现有车型官方指导价的变动。 | | | 乘联分会&I.S. E安路勤 2 凯翼汽车 ...

Group 1: Core Insights - The pickup truck market is experiencing strong growth, with sales reaching 49,000 units in January 2026, a year-on-year increase of 22.5%, marking a high level for the same period in the past five years [2] - Production of pickup trucks in January 2026 was 52,000 units, reflecting a year-on-year growth of 29.3% [2] - Great Wall Motors continues to lead the pickup truck market, with strong performance both domestically and internationally, supported by consistent export growth [2] Group 2: Export Performance - In January 2026, the total export of pickup trucks reached 28,000 units, a year-on-year increase of 12%, although it saw a month-on-month decline of 13% [2] - The export share of pickup trucks is projected to reach 45% of total sales in 2024, 50% in 2025, and 54% in January 2026, indicating a robust growth trajectory for Chinese pickup truck brands in international markets [2] Group 3: New Energy Pickup Trucks - Sales of new energy pickup trucks in January 2026 were 6,000 units, showing an 18% year-on-year increase and a 6% month-on-month increase, outpacing the overall growth rate of the pickup truck market [3] - Major contributors to new energy pickup sales include BYD with 3,150 units, Geely Radar with 1,241 units, and Zhengzhou Nissan with 785 units, among others [3] - The development of electric vehicles is seen as a key factor for commercial vehicles to gain road rights, with expectations for rapid growth in the Chinese pickup market to meet both domestic and international demand [3] Group 4: Manufacturer Sales Rankings - In January 2026, the top manufacturers by sales volume were: - Great Wall Motors: 15,350 units, up 24.6% year-on-year - SAIC Maxus: 5,924 units, up 25.8% year-on-year - Jianghuai Automobile: 5,401 units, up 23.8% year-on-year - Zhengzhou Nissan: 4,053 units, up 145.6% year-on-year - JMC: 3,930 units, up 19.5% year-on-year [7]

Market Overview - In December 2025, the national used car market transaction volume reached 1.8711 million units, with a month-on-month increase of 7.15% and a year-on-year decrease of 1.53%. The total transaction amount was 120.672 billion yuan [3] - For the entire year of 2025, the cumulative transaction volume of used cars was 20.108 million units, representing a year-on-year growth of 2.52%, with a total transaction amount of 1,289.79 billion yuan [3][13] Weekly Analysis - From January 19 to 25, 2026, the average daily transaction volume of used cars was 69,800 units, showing a week-on-week decrease of 4.18%, ending a three-week growth trend. The market is experiencing normal fluctuations after a phase of adjustment [6] Segment Market Changes - In December 2025, the transaction volume of basic passenger cars was 1.0273 million units, with a month-on-month increase of 6.22% but a year-on-year decrease of 5.96%. SUVs sold 244,100 units, with a month-on-month increase of 7.51% and a year-on-year decrease of 4.25% [8] - Commercial vehicles saw 109,900 buses sold, with a month-on-month increase of 7.41% and a year-on-year increase of 6.01%. The transaction volume of trucks was 161,100 units, with a month-on-month increase of 6.36% and a year-on-year increase of 7.37% [8] Vehicle Age Analysis - In December 2025, vehicles aged 3-6 years accounted for the largest share of transactions at 42.97%, with a month-on-month increase of 0.25% but a year-on-year decrease of 7.47%. Vehicles under 3 years old accounted for 28.74%, with a month-on-month increase of 1.85% and a year-on-year increase of 2.25% [18] Price Range Analysis - In December 2025, the largest share of used car transactions was in the price range of under 30,000 yuan, accounting for 29.2%, with a month-on-month increase of 1.2 percentage points. The 30,000-50,000 yuan range accounted for 27.3%, with a month-on-month decrease of 2.3 percentage points [25] Regional Performance - In December 2025, the Northeast region showed significant growth with a month-on-month increase of nearly 10%. The East China region had a transaction volume of 519,800 units, with a month-on-month increase of 7.51% [26] New Energy Vehicle Market - In December 2025, the transaction volume of used new energy vehicles reached 168,800 units, with a month-on-month increase of 8.7% and a year-on-year increase of 36.5%. For the entire year, the cumulative transaction volume was 1.609 million units, representing a year-on-year growth of 42.5% [34] Transfer Rate Analysis - In December 2025, the transfer rate of used cars was 34.90%, with a month-on-month increase of 1.02 percentage points and a year-on-year increase of 4.67 percentage points. The total transfer volume was 653,000 units, with a month-on-month increase of 10.39% [50]

Overall Market - In January 2026, the retail sales of passenger cars reached 1.544 million units, a year-on-year decrease of 13.9% [14] - The decline in retail sales is attributed to complex market factors and a historical pattern of fluctuating sales in January [14] - The end of the new energy vehicle purchase tax exemption in December 2025 has led to a recovery period for the new energy vehicle market, with some consumers having made purchases in December to take advantage of the policy [14] - January 2026 saw a significant increase in exports, with passenger car exports reaching 576,000 units, a year-on-year increase of 52.0% [16] - The production of passenger cars in January 2026 was 2.003 million units, a year-on-year decrease of 4.4% [16] - The wholesale volume for January 2026 was 1.973 million units, a year-on-year decrease of 6.2% [17] New Energy Market - In January 2026, retail sales of new energy vehicles (NEVs) totaled 596,000 units, down 20.0% year-on-year [18] - The penetration rate of NEVs in the domestic market was 38.6%, while the export penetration rate was 49.6% [15] - The production of NEVs reached 938,000 units, a slight decrease of 0.6% year-on-year [18] - The wholesale volume of NEVs was 864,000 units, down 3.3% year-on-year [18] - The export of NEVs reached 286,000 units, a significant increase of 103.6% year-on-year, accounting for 49.6% of total passenger car exports [22] Company Performance - BYD, Geely, and Chery are leading in the new energy vehicle market, with BYD's sales reaching 205,518 units in January 2026 [24] - The market share of domestic brands in the new energy sector is increasing, with a notable rise in the export of new energy vehicles to Europe and Southeast Asia [15][22] - The new energy vehicle market is characterized by a shift towards higher quality products, with an increase in the proportion of high-end NEVs [15] Market Outlook - February 2026 is expected to see lower sales due to the shorter working days caused by the extended Spring Festival holiday [27] - The market is anticipated to stabilize post-holiday, with potential recovery in the entry-level electric vehicle segment [28] - The overall sentiment in the consumer market remains cautious, influenced by high costs and economic factors [28]