Weichai Power(SZ:000338) Yang Zi Wan Bao Wang·2025-09-23 12:42Core Viewpoint - GAC Toyota has introduced the industry's first "96-month ultra-long low-interest" financial policy, significantly lowering the barriers to car ownership and enhancing the value proposition of its 2026 global vehicle lineup [1][10]. Financial Policy - The new financial policy extends the traditional repayment period from 3-5 years to 8 years, reducing monthly payment burdens and making car ownership more accessible for families [1]. - The policy allows for a down payment as low as 10,000 yuan and monthly payments starting from 1,000 yuan for models like the Fenglanda [2]. Product Enhancements - The 2026 global vehicle lineup features significant upgrades in entry-level models, providing a "luxury experience" at a lower price point [3][7]. - The new models include enhanced features such as the Sienna with Maybach-style semi-aniline leather seats and the Highlander with a 15.6-inch display and high-performance 8155 chip [7]. Strategic Initiatives - GAC Toyota has introduced a "Three Equity" strategy, aiming to democratize advanced features like smart technology across all vehicle models, not just high-end variants [6][8]. - The entire new lineup is 100% hybrid, with pricing that makes hybrids cheaper than gasoline models, addressing consumer concerns about fuel choices [8]. Future Developments - The company plans to continue evolving its "oil-electric intelligence" product strategy, with the new generation of the Weilan model set to launch by the end of the year, featuring a new intelligent cockpit and TSS 4.0 driving assistance system [13]. - GAC Toyota aims to meet consumer expectations for smarter, more luxurious, and more accessible automotive products through systematic planning and product upgrades [13].