Xin Lang Cai Jing·2025-08-07 00:41Group 1: Automotive Market Performance - In July, the national retail sales of passenger cars reached 1.834 million units, a year-on-year increase of 7%, but a month-on-month decrease of 12% [1] - Cumulative retail sales from January to July amounted to 12.736 million units, reflecting a 10% year-on-year growth [1] - Wholesale sales in July totaled 2.192 million units, marking a 12% year-on-year increase, with a month-on-month decline of 12% [1] - Year-to-date wholesale sales reached 15.472 million units, also showing a 12% year-on-year increase [1] Group 2: Industry Developments and Innovations - A joint statement was released by Li Auto, China Automotive Research Institute, and Dongfeng Liuzhou Motor regarding the Li Auto i8 crash test, emphasizing the need for industry self-discipline and integrity in product development and marketing [2] - The new XPeng P7 has started pre-sales, achieving over 10,000 reservations within 6 minutes and 37 seconds [2] - Huawei's newly published patent for a vehicle platooning method aims to enhance the safety of intelligent driving by reducing latency and improving vehicle coordination [6] Group 3: Corporate Announcements - Kai Langer, the design chief of BMW's i series, announced his transition to Xiaomi after over 20 years with BMW [4] - Honda has raised its full-year operating profit forecast to 700 billion yen, up from a previous estimate of 500 billion yen, although still below market expectations of 896.24 billion yen [7] - In the week of July 28 to August 3, 2025, a total of 67 Li Auto supercharging stations were put into operation across various provinces in China [5] Group 4: Product Launches - The first MPV from Hongmeng Zhixing under the Zhijie brand is set to be officially launched in the first quarter of 2026 [3]