2 1 Shi Ji Jing Ji Bao Dao·2025-10-09 23:15Group 1: Market Performance - During the "Double Festival" holiday, the automotive market saw a significant increase in sales, with a total of over 48,500 vehicles sold from September 30 to October 7 [1] - The retail sales volume of passenger vehicles reached 1.776 million units from September 1 to 27, marking a 12% month-on-month increase [5] - The overall market is expected to maintain a "high open and flat" trend in October, with 44.4% of dealers optimistic about a 5% to 10% year-on-year sales growth [8] Group 2: Policy Impact - The surge in car sales during the holiday was driven by two national policy adjustments: the reduction of the new energy vehicle purchase tax and the early end of the "trade-in" subsidy policy in some provinces [2] - Local governments and car manufacturers have introduced layered subsidies, with some consumers in Shanghai able to receive up to 24,000 yuan in total subsidies [3] Group 3: New Energy Vehicle Sales - New energy vehicle sales continued to rise, with companies like Chery, Changan, and Geely reporting significant year-on-year growth rates of 55.4%, 87%, and 81% respectively in September [6] - A single store of XPeng sold over 60 new cars during the "Double Festival," indicating a strong demand for popular new energy models [4] Group 4: Traditional Fuel Vehicle Market - Traditional fuel vehicles showed resilience during the holiday, primarily relying on "one-price" policies to stabilize the market [7] - However, dealers are facing increasing pressure, with a reported 52.6% of dealers experiencing losses, leading to reduced willingness to offer additional discounts [7]