Core Viewpoint - The report from Credit Lyonnais indicates that mainland China's automotive orders remained stable in the last week of 2025, with expectations for a boost in sales in the first quarter of 2026 due to the continuation of subsidy policies and traditional demand before the Lunar New Year [1] Group 1: Sales and Demand - Automotive sales in the first quarter of 2026 are expected to benefit from the extension of subsidy policies and pre-Lunar New Year demand [1] - Regulatory authorities have indicated that stimulating consumption will be a primary focus in 2026, with continued funding for vehicle trade-in programs [1] Group 2: Impact of Subsidies - The subsidy amounts will be calculated as a percentage of the vehicle price, positively impacting models priced around 150,000 RMB [1] - The effect on lower-priced models is expected to be neutral, while the measures will further drive the high-end transformation of new energy vehicles [1] Group 3: Consumer Behavior - The continuation of subsidy policies is anticipated to help release consumer demand that has been hesitant during the fourth quarter of 2025 to the first quarter of 2026 [1]
里昂：预计新一轮补贴将对约15万元车型产生正面影响 释放消费者需求
Xin Lang Cai Jing·2026-01-02 05:02