乘用车“金九”销量稳步增长 上汽集团重回月销榜首

Core Viewpoint - The automotive market is experiencing significant growth driven by consumer demand for new energy vehicles (NEVs) and favorable policies, despite some regional challenges in vehicle replacement subsidies [2][5][8] Market Performance - During the National Day and Mid-Autumn Festival holiday, major auto shows in cities like Suzhou, Nanjing, and Guangzhou showcased thousands of models, leading to increased sales and transaction amounts [1][4] - In September, passenger car sales showed steady year-on-year growth, with NEVs becoming mainstream, while sales performance varied significantly among different automakers [5][6] Policy Impact - The upcoming restoration of the vehicle purchase tax for NEVs starting January 1, 2026, has prompted automakers like NIO, Zeekr, and Li Auto to introduce tax difference subsidy policies to encourage consumer purchases [2][3] - Some regions have seen a decline in customer traffic and sales due to the suspension of vehicle replacement subsidies, leading to a more cautious consumer sentiment [2][3] Sales Trends - In September, the overall passenger car market grew, but there was a notable divergence in sales among different brands, with domestic brands and new energy vehicle manufacturers showing varied performance [5][6][7] - Shanghai Automotive Group led with sales of 439,800 units, a 40.39% increase, while BYD's sales fell by 5.5% to 396,300 units, marking its first monthly decline since March 2024 [6][7] New Energy Vehicle Segment - New energy vehicle sales are becoming a focal point, with companies like Zhejiang Leapmotor achieving a 97% year-on-year increase in sales, while others like Li Auto faced a 36% decline [7][8] - The overall performance of joint venture brands in September showed stable sales for traditional fuel vehicles but struggled in the NEV segment, highlighting a slower transition to electric models [8] Future Outlook - Industry experts remain optimistic about the automotive market's trajectory, anticipating a moderate recovery in October sales due to holiday demand and year-end promotions [8] - Projections indicate that by 2025, China's NEV sales could reach 15.78 million units, with a penetration rate of 53.7% [8]