Zheng Quan Ri Bao·2025-05-05 16:14Group 1 - The domestic automotive market experienced a sales surge during the recent "May Day" holiday, with various promotional activities launched by multiple car manufacturers to boost sales [1][2] - Over 80 cities across the country hosted nearly 100 auto shows during the holiday, providing consumers with diverse purchasing options and stimulating market demand [2][3] - The promotion strategies included zero down payment, interest-free financing, and trade-in subsidies, leading to a significant increase in consumer foot traffic at dealerships [2][3] Group 2 - New energy vehicles (NEVs) showed remarkable performance, with leading companies reporting substantial sales growth in April [4][5] - BYD achieved a monthly sales volume of 380,100 NEVs, marking a year-on-year increase of 21.34%, while Geely reached a record high of 234,100 units, up 53% [4] - The sales of NEVs from Chery and Great Wall Motors also increased significantly, with Chery's NEV sales rising by 85.5% and Great Wall's by 28.42% [4][5] Group 3 - New entrants in the automotive market, such as Zhejiang Leap Motor and Guangzhou Xiaopeng Motors, reported impressive sales growth, with Leap Motor achieving 41,000 units sold, a 173% increase [5][6] - The overall market growth in April was driven by seasonal demand, promotional activities, and favorable government policies, including expanded subsidies and relaxed purchase restrictions [6]