汽车和汽车零部件行业周报（20241111-20241115）：广州车展正式开幕，传统车企加速智能化布局

Investment Rating - The report maintains a "Buy" rating for the automotive sector [2][20]. Core Insights - The automotive sector outperformed the market with a weekly decline of -2.4%, ranking 6th among 30 sectors [2][23]. - Strong performance in the automotive market is noted, with retail sales of passenger vehicles increasing by 10% year-on-year and wholesale sales up by 41% year-on-year [20]. - The report highlights the acceleration of traditional automakers in smart technology and the ongoing push for high-end domestic brands [2][20]. Summary by Sections 1. Key Models at Guangzhou Auto Show - The Guangzhou Auto Show showcased a total of 78 models, including significant electric vehicles from brands like BYD and Xiaomi [2][17]. - Notable models include BYD's U7 and N9, which feature advanced smart driving systems and high-end specifications [17]. 2. Weekly Sales Tracking - From November 1 to November 10, 2024, domestic retail sales of passenger vehicles reached 567,000 units, with a year-on-year increase of 29% [20]. - New energy vehicle retail sales surged by 70% year-on-year, reaching 310,000 units during the same period [20]. 3. Index Tracking - The automotive sector's performance was highlighted, with the A-share automotive index showing a decline of -2.4%, while the broader market (CSI 300) fell by -3.3% [23]. - The report identifies the top-performing stocks in the automotive sector, including SAIC Motor (+28.6%) and Fu Li Wang (+21.7%) [23]. 4. Component Sector Tracking - The automotive components sector experienced a decline of -4.5%, indicating challenges within this segment [23]. - Key companies in the components sector, such as Fuyao Glass, showed mixed performance with slight gains [24]. 5. Industry Dynamics - The report emphasizes the ongoing transformation of traditional automakers towards electric and smart vehicles, with a focus on new model launches and technological advancements [2][20]. - The competitive landscape is evolving, with increased emphasis on high-end features and smart technology integration in new models [2][20].