Xin Lang Cai Jing·2025-12-25 00:36Group 1: Automotive Market Performance - From December 1 to 21, 2023, the national retail sales of passenger cars reached 1.3 million units, a year-on-year decrease of 19%, but a month-on-month increase of 5%. Cumulative retail sales for the year reached 22.783 million units, a year-on-year increase of 4% [1] - In November 2023, sales of Chinese brand passenger cars totaled 2.169 million units, representing a month-on-month increase of 1% and a year-on-year increase of 5.8%. The market share of Chinese brands increased by 3.1 percentage points to 71.4% [2] - For the first eleven months of 2023, Tesla's new car registrations in Europe decreased by 28% year-on-year, with a market share dropping to 1.3%. In contrast, the overall market for pure electric vehicles in the EU saw a year-on-year growth of 44.1% [9] Group 2: Corporate Developments - GAC Group announced the resignation of Vice President Zheng Heng due to personal health reasons, effective immediately upon receipt of his resignation letter. His departure will not affect the company's normal operations [3] - Changan Automobile issued a statement refuting rumors regarding the auction of scrap light iron leading to significant state asset losses, emphasizing the negative impact on its brand reputation and operational order [4] - Li Auto is merging its first and second product lines under the management of the current president of the first product line, following the voluntary departure of Zhang Xiao, who is expected to pursue entrepreneurial ventures [5] - Qianli Technology completed a share transfer to Mercedes-Benz Digital Technology, with the latter acquiring 3% of the company's total shares at a price of RMB 9.87 per share, marking Mercedes-Benz as the fifth largest shareholder [6] - BYD and Volcano Engine announced a deep collaboration in the smart cockpit sector, integrating the Doubao large model into BYD's DiLink system across multiple brands [7] Group 3: Leadership Changes - Hyundai Motor Group appointed Chen Enshu as the first female president in the company's history, also serving as the vice president responsible for ICT business [8]