机构调查：仅8%的汽车经销商看好12月经营情况

Core Insights - Only 8.2% of automotive dealers expect better operating conditions in December, a decrease of 1.7 percentage points from the previous month, while the proportion expecting poor market conditions has risen to 20.3% [1] - The survey indicates that 32.3% of dealers believe market demand will "decrease" in December, an increase of 7.5 percentage points from the previous month [1] Summary by Categories Dealer Expectations - In December, 20.3% of dealers expect poor conditions, up from 17.7% in November [2] - The percentage of dealers expecting good conditions is only 8.2%, marking the second-lowest level of the year [1][2] Inventory and Market Conditions - The inventory warning index for November was 55.6%, up 3.8 percentage points year-on-year and 3.0 percentage points month-on-month, indicating a decline in the automotive circulation industry's prosperity [2] - 80% of dealers held a pessimistic view of the November market, believing overall performance did not meet expectations [3] Challenges Faced by Dealers - Dealers are facing challenges such as reduced customer traffic, increased market hesitation, and narrowing profit margins on new car sales [3] - Some manufacturers are increasing sales targets for year-end, exacerbating inventory buildup and tightening cash flow for dealers [3] Future Market Outlook - There is a market perspective that the expiration of the vehicle purchase tax exemption in 2026 may trigger consumer buying enthusiasm in December [3] - The China Automobile Circulation Association suggests that dealers should rationally estimate actual market demand and enhance promotion of trade-in and scrapping policies to boost consumer confidence [3]