Market Overview - In July 2025, the national used car market transaction volume reached 1.6609 million units, with a month-on-month increase of 0.2% and a year-on-year increase of 3.2%. The transaction amount was 106.007 billion yuan [3] - From January to July 2025, the cumulative transaction volume of used cars was 11.231 million units, a year-on-year increase of 2.17%, with a cumulative transaction amount of 729.244 billion yuan [3] Weekly Analysis - From August 18 to 24, 2025, the average daily transaction volume of used cars was 64,500 units, a slight decrease of 0.33% compared to the previous week and a 1% decrease compared to the same period in July. The cumulative transaction volume from August 1 to 24 reached 1.26 million units, with an expected total for the month of around 1.7 million units, representing a growth of approximately 2.4% compared to July [6] Segment Market Changes - In July 2025, the transaction volume of basic passenger cars was 924,100 units, with a month-on-month increase of 0.15% and a year-on-year increase of 0.5%. SUVs sold 217,400 units, with a month-on-month increase of 0.57% and a year-on-year increase of 0.03% [8] - Commercial vehicles saw 96,000 buses sold, a month-on-month increase of 0.29% and a year-on-year increase of 7.87%. The transaction volume for trucks was 147,000 units, with a month-on-month increase of 0.36% and a year-on-year increase of 10.62% [8] Price Range Analysis - In July 2025, the largest market share for used cars was in the price range of below 30,000 yuan, accounting for 30.3%, a decrease of 0.8 percentage points. The price range of 30,000 to 50,000 yuan accounted for 26.1%, a decrease of 0.6 percentage points [26] - The average transaction price of used cars in July was 63,800 yuan, a decrease of 700 yuan from June and a decrease of 1,300 yuan from the same period last year [29] New Energy Vehicle Market Overview - In July 2025, the national transaction volume of used new energy vehicles reached 142,800 units, a month-on-month increase of 1.2% and a year-on-year increase of 59%. From January to July 2025, the cumulative transaction volume was 829,000 units, a year-on-year increase of 39.1% [33] Used Car Circulation Analysis - In July 2025, the transfer rate of used cars was 30.41%, an increase of 0.9 percentage points from the previous month and an increase of 1.4 percentage points from the same period last year. The total transfer volume was 505,100 units, a month-on-month increase of 3.24% and a year-on-year increase of 8.31% [47] - The top five provinces for transfer rates in July were Beijing (35.86%), Guangdong (33.15%), Jiangsu (32.65%), Zhejiang (32.35%), and Hebei (31.85%) [54]

Core Viewpoint - The article provides a comprehensive analysis of the automotive market in August 2025, highlighting trends in production, retail, wholesale, and exports, particularly focusing on the performance of new energy vehicles (NEVs) and the competitive landscape among manufacturers. Overall Market - Production and Wholesale Analysis - In August 2025, the total production of passenger vehicles reached 240.6 million units, marking an 11.3% year-on-year increase and a 6.7% month-on-month increase [3][17] - The wholesale volume for passenger vehicles was 245.8 million units, reflecting a 14.5% year-on-year growth and a 9.6% month-on-month increase [3][18] - Cumulative production from January to August 2025 was 1,789.3 million units, up 13.1% year-on-year [3][17] Overall Market - Retail Analysis - Retail sales in August 2025 reached 199.5 million units, a 4.6% year-on-year increase and an 8.2% month-on-month increase [4][13] - Cumulative retail sales for the year stood at 1,474.1 million units, reflecting a 9.5% year-on-year growth [4][13] - The retail penetration rate of NEVs in August was 55.2%, an increase of 1.5 percentage points compared to the previous year [23] New Energy Market - Production and Wholesale Analysis - In August 2025, NEV production reached 125.6 million units, a 21.0% year-on-year increase [20] - NEV wholesale volume was 128.2 million units, up 22.3% year-on-year [20] - Cumulative NEV production from January to August was 885.3 million units, reflecting a 33.5% year-on-year growth [20] New Energy Market - Retail and Export Analysis - NEV retail sales in August reached 110.1 million units, a 7.5% year-on-year increase [20] - NEV exports totaled 20.4 million units in August, a significant 102.7% year-on-year increase [24] - The export share of NEVs in total vehicle exports was 40.9%, up 16.6 percentage points from the previous year [24] Manufacturer Performance - In August, the retail volume of domestic brands reached 132 million units, a 9% year-on-year increase [16] - The market share of domestic brands in the NEV sector was 76%, while mainstream joint venture brands had a NEV penetration rate of only 6.6% [23] - BYD, Geely, and Changan were among the top performers in NEV sales, with BYD leading with 371,501 units sold [26][27] Market Trends and Consumer Behavior - The automotive market is experiencing a shift towards stable pricing and reduced promotional activities, with a notable decrease in the number of models undergoing price cuts [13][15] - The penetration of NEVs is supported by favorable policies such as tax exemptions and trade-in incentives, contributing to steady growth in the segment [15][19] - The overall market dynamics indicate a gradual transition towards a more balanced and stable automotive market environment [14][15]

Core Viewpoint - The article discusses the upcoming launch of the Cadillac XT5 by SAIC General Motors, detailing its specifications, pricing, and market positioning [2][7]. Group 1: Product Overview - The Cadillac XT5 is set to launch on August 29, 2025, classified as a B SUV [7]. - The vehicle will feature a 2.0T engine paired with a 9AT transmission [7]. - The MSRP for the XT5 ranges from 37.99 to 45.99 million yuan [7]. Group 2: Specifications - Dimensions: Length 4,888 mm, Width 1,957 mm, Height 1,694 mm, with a wheelbase of 2,863 mm [7]. - Power output is 174 kW, with a torque of 350 N·m [7]. - The XT5 will be available in multiple configurations, including the Metropolitan, Luxury, Premium, and Platinum models, with prices ranging from 20.29 million to 45.99 million yuan [6][7]. Group 3: Engineering Changes - The engineering change scale for the XT5 is classified as MCE1, indicating minor updates without significant alterations to the vehicle's structure [2][7].

Core Viewpoint - The article highlights the upcoming launch of four significant new vehicles in September 2025, emphasizing their advanced technology and features aimed at enhancing user experience and meeting diverse consumer needs [1]. Group 1: Vehicle Launches - The four new vehicles set to launch are: 享界 S9T, 尚界 H5, 银河M9, and 理想i6, all scheduled for September 2025 [1]. - 享界 S9T is positioned as a luxury travel car with a starting price of 328,000 yuan, featuring a spacious interior and advanced driving assistance systems [2][4]. - 尚界 H5, developed in collaboration with Huawei, is a mid-size SUV with a starting price of 169,800 yuan, focusing on affordability while integrating the HarmonyOS ecosystem [5]. - 银河M9 is an AI-driven flagship SUV from 吉利, priced between 193,800 and 258,800 yuan, emphasizing spaciousness and hybrid efficiency [6]. - 理想i6 is a pure electric mid-size SUV with a focus on performance and AI interaction, featuring a starting price yet to be announced [7][9]. Group 2: Key Features and Specifications - 享界 S9T boasts a length of 5160mm, width of 2005mm, and height of 1492mm, with a wheelbase of 3050mm, and offers both range-extended and pure electric versions [3][4]. - 尚界 H5 measures 4780mm in length and 2840mm in wheelbase, providing options for range-extended and pure electric powertrains [5]. - 银河M9 features a unique 2+2+2 seating layout, with a maximum cargo capacity of 2171L, and offers a hybrid powertrain with a total power output of 640kW [6]. - 理想i6 is built on an 800V high-voltage platform, offering a range of up to 720km and supporting fast charging capabilities [8][9]. Group 3: Competitive Landscape - The new models emphasize high-end intelligence and family-oriented features, with all four vehicles equipped with top-tier driving assistance systems and extended range capabilities exceeding 800km [9]. - Each vehicle targets different consumer segments: 理想i6 focuses on pure electric performance, 享界 S9T on luxury travel, 尚界 H5 on affordability, and 银河M9 on spaciousness and hybrid efficiency [9].

Core Viewpoint - The article announces the upcoming "September 2025 Passenger Car Market Analysis Conference," organized by the China Automobile Dealers Association Passenger Car Market Information Joint Conference Secretariat, to provide insights into the national passenger car market dynamics, industry policies, pricing, used cars, new energy vehicles, commercial vehicles, and the Shanghai automotive market [1][2]. Group 1: Conference Details - The conference will be held online and will feature various reports on the passenger car market [1]. - Key topics include the August 2025 Shanghai automobile market registration situation, analysis of the new energy vehicle industry competition order, and updates on the 2025 World Artificial Intelligence Conference [1][2]. - The reports will be published on September 8, 2025, at 16:00 through the WeChat subscription account (cpca2024) and the official website (www.cpcaauto.com) [1][2]. Group 2: Report Topics - Reports will cover the following areas: 1. August 2025 Shanghai automobile market registration [1]. 2. Analysis of the new energy vehicle industry competition order [1]. 3. Updates on the 2025 World Artificial Intelligence Conference [1]. 4. July 2025 new energy vehicle industry monthly report [1]. 5. August 2025 light commercial vehicle market forecast [1]. 6. July 2025 national used car market in-depth analysis [1]. 7. July 2025 Beijing automobile market analysis [2]. 8. August 2025 national passenger car market analysis [2].

点 击 蓝 字 关 注 我 们 本文全文共 4145 字，阅读全文约需 14 分钟 目录 国内新闻 1.湖北:加快重塑国内一流汽车产业生态 2.长城汽车与中汽中心战略合作再深化 3.蔚来李斌:明年无换代计划 聚焦SUV产品布局 4.小鹏G7 Ultra首次OTA:重点推送全场景VLA 5.吉利汽车确认南非上市计划 6.日产进出口（广州）有限公司成立 7.五菱柳机低空经济事业部成立 8.万安科技将在武汉经开区建设华中生产基地 国外新闻 1.特朗普签署命令 降低日本汽车进口关税 2.加拿大拟暂缓电动汽车销量强制规定 3.宝马新世代首款量产车iX3今日全球首发 4.特斯拉Robotaxi应用已正式对美国公众开放 商用车 1. 速豹黑金刚宁夏交付 2. 北汽福田乌干达组装厂正式投产 3. 货拉拉"多拉八方"上线 4. 瑞驰汽车卡系双子星于2025世界智博会开启预售 国内新闻 1 湖北:加快重塑国内一流汽车产业生态 时间:2025.9.5 来源: 华尔街见闻 9月4日，湖北省委副书记、省长李殿勋在武汉市调研汽车产业发展时强调，要准确把握全球汽车工业变 革趋势，依托湖北汽车工业深厚底蕴和科教人才突出优势，用好湖北极其特殊 ...

Sales Performance - In July, the total passenger car sales reached 1.843 million units, a year-on-year increase of 1.5% but a month-on-month decrease of 13.9% [4] - The new energy vehicle (NEV) market saw sales of approximately 976,000 units, up 10.5% year-on-year but down 12.1% month-on-month, slightly outperforming the overall market [4] - NEVs accounted for 53.0% of total passenger car sales in July, an increase of 1.1% from the previous month and up 4.3% from the same month last year [4] New Energy Market Overview - Pure electric vehicle sales were about 611,000 units, a year-on-year increase of 25.0% but a month-on-month decrease of 9.6%; plug-in hybrid sales were approximately 365,000 units, down 7.5% year-on-year and down 15.8% month-on-month [9] - Cumulative sales of NEVs reached 6.25 million units by 2025, with a year-on-year increase of 27.2% [9] Top Cities for NEV Sales - The top 10 cities accounted for 25.5% of NEV sales, a slight decrease from 25.9% the previous month; the top three cities were Beijing, Chengdu, and Shanghai [10] - All top 10 cities had NEV penetration rates exceeding 50%, with Shenzhen leading at 66.2%, followed by Ningbo at 64.0% and Wuhan at 62.1% [10] Pure Electric Market Analysis - In July, the top three segments for pure electric vehicles were A0 class (18.4%), B-SUV (15.0%), and A-SUV (15.0%); the C-SUV segment saw a notable increase in market share from 2.9% to 6.2% year-on-year [15] - The personal user share in the pure electric market was 86.6%, a year-on-year increase of 37.2%, while the share of unit users was 5.5%, down 19.7% [16] Industry Dynamics - In July, significant events included Volkswagen's additional investment in Rivian, Tesla's first successful autonomous driving delivery, and the launch of Geely's new electric hybrid architecture [19][20][22] - BYD announced the launch of a car connectivity feature across all its brands, enhancing compatibility with major smartphone brands [22][23] - BMW partnered with Momenta to develop a new generation of intelligent driving assistance solutions, focusing on a model that simulates human brain processing [24] Policy Developments - The National Development and Reform Commission, along with other departments, issued a notice to promote the scientific planning and construction of high-power charging facilities, aiming to optimize the charging infrastructure network [27]

Domestic News - Chongqing City has allocated an additional budget of 135 million yuan for the 2025 automobile and electric bicycle trade-in subsidy program, with 30 million yuan for scrapping old cars, 100 million yuan for car replacement, and 5 million yuan for electric bicycles [2] - In July, China's automobile exports reached 694,000 units, with an export value of 11.84 billion USD, marking a month-on-month increase of 12.1% and a year-on-year increase of 25.6% [3] - Anhui Province will waive towing and lifting fees for highway rescue services starting September 20, 2025, to enhance road network efficiency and public satisfaction [4] - NIO has developed unmanned parking technology and plans to release the feature in accordance with regulatory requirements [5] - Dongfeng's 16,000-ton integrated die-casting factory has completed acceptance inspection, which will significantly enhance the manufacturing capacity and efficiency of its new energy vehicles [6][7] - Leap Motor has completed a 2.6 billion yuan domestic stock issuance to support core technology development and new model launches [8] - BYD plans to invest 5 billion yuan to build all-terrain professional racetracks in multiple cities to promote technology and enhance user experience [9] - Horizon's Journey chip has achieved mass production of over 10 million units, becoming the first domestic smart driving technology company to reach this milestone [10] Foreign News - In July, new car registrations in Europe increased by 5.9% year-on-year, reaching 1.09 million units, the largest increase in 15 months, driven by strong sales of electric and hybrid vehicles [11] - Russia's new car sales in August fell by 17.6% year-on-year, indicating a continued decline in the automotive market despite interest rate cuts [12] - India has approved tax reductions on hundreds of goods, including small cars, to stimulate domestic demand amid economic pressures from U.S. tariffs [13] - Toyota plans to invest approximately 680 million euros to expand its battery assembly facility in the Czech Republic [14] Commercial Vehicles - In August, Yuancheng's new energy logistics vehicles surpassed 12,000 units in terminal insurance, capturing over 20% market share and ranking among the top three in the "oil-electric all-list" [15] - Hunan Automobile Manufacturing Co. has passed the ISO/IEC 27001:2022 information security management system certification, enhancing its data protection and business continuity capabilities [16] - BYD's 10,000th T5 electric light truck has officially rolled off the production line, gaining popularity in various delivery sectors [17] - Shijiazhuang has opened applications for 20 new energy cold chain truck subsidy qualifications, offering a subsidy of 35,000 yuan per vehicle [19]

Domestic News - The Chongqing Intelligent Connected New Energy Vehicle Chip Industry Alliance was officially established, consisting of 66 enterprises and research institutions to enhance communication and innovation in the automotive chip industry [2] - Shanghai supports the research and application of high-performance training and inference chips for artificial intelligence, aiming to improve intelligent computing capabilities [3] - Leap Motor announced its September car purchase policy, offering various incentives for customers who place orders within a specified timeframe [4] - BYD increased its registered capital from approximately 3.039 billion RMB to about 9.117 billion RMB, marking a 200% increase [5] - Bosch and Alibaba announced a deepened strategic partnership to enhance business processes and explore the feasibility of deploying Bosch's intelligent driving development environment on Alibaba Cloud [7] - EVE Energy's solid-state battery production base in Chengdu was inaugurated, with an annual production capacity of nearly 500,000 cells planned [8] - Jingxi Zhixing unveiled its third-generation ball-disk EMB single motor solution, with plans for mass production by the end of 2026 [9] - CATL established a new company in Sanya with a registered capital of 5 million RMB, focusing on new energy technology and electric vehicle sales [10] International News - South Korea's electric vehicle sales surged by 42.4% year-on-year in the first half of 2025, reaching 92,235 units, driven by new model launches from Hyundai Motor Group [11] - The Indian government proposed a significant increase in consumption tax on luxury electric vehicles priced over $46,000, which may impact sales for companies like Tesla and BYD [12] - LG Energy Solution secured a battery supply order from Mercedes-Benz, committing to supply 32 GWh of batteries by the end of 2035 [13] - Waymo initiated autonomous taxi testing in Denver and Seattle, with human drivers present during the initial phase [14] Commercial Vehicles - King Long Automobile Group reported total revenue exceeding 10.327 billion RMB in the first half of 2025, a year-on-year increase of 5.78%, with net profit rising by 75.06% [16] - Dongfeng Light Vehicle launched its first driver service station in Wuhan, providing a multifunctional service center for drivers [17] - Yutong Bus signed a new export contract worth 300 million RMB [18] - The remote X-VAN was launched in the Central China region, showcasing its innovative design and multifunctional capabilities [19]

Core Viewpoint - The latest Vehicle Inventory Alert Index (VIA) indicates a slight increase in the inventory warning index for Chinese auto dealers, suggesting a decline in the overall market sentiment within the automotive circulation industry [2][4]. Summary by Sections Market Overview - In August, the automotive market operated steadily despite challenges from adverse weather conditions affecting consumer demand. The second half of the month saw a recovery in demand due to seasonal factors and promotional activities [4]. - The introduction of new subsidies and the resumption of local incentives helped alleviate consumer hesitation, leading to a rebound in market demand [4]. Dealer Challenges - Dealers continue to face significant pressure due to macroeconomic downturns and low consumer confidence, resulting in prolonged car purchase cycles and lower-than-expected transaction conversions [4]. - Over 75% of dealerships reported negative impacts from recent policy adjustments, with nearly 30% experiencing sales declines exceeding 15% [4]. Inventory and Regional Analysis - The national inventory warning index for August stands at 57.0%, with regional indices showing variations: North at 57.8%, East at 55.2%, West at 65.7%, and South at 53.7% [6]. - The index for luxury and joint venture brands decreased, while the index for domestic brands increased [9]. Future Market Outlook - September is anticipated to benefit from the traditional peak season ("Golden September and Silver October") and the full rollout of national subsidies, which may enhance consumer confidence and market performance [11]. - The automotive circulation association advises dealers to rationally assess market demand and promote trade-in policies to boost consumer confidence [11].