汽车行业周报：车市12月翘尾行情或较为突出，广汽华为合作将推出全新高端智能新能源品牌

Investment Rating - The industry investment rating is maintained at "Overweight" [44][45]. Core Insights - The automotive market is expected to see a significant tailwind in December, driven by strong sales performance in November, particularly in the new energy vehicle sector [3][4]. - GAC Group and Huawei have signed a strategic cooperation agreement to launch a new high-end intelligent electric vehicle brand, indicating a shift towards innovative collaboration models in the automotive industry [4][36]. Market Review - The automotive sector's performance over the past week showed a slight increase of 0.31%, with the automotive parts sub-sector performing the best at +1.45% [2][14]. - In the same period, the Shanghai Composite Index rose by 1.32%, placing the automotive sector at 27th among 31 primary industries [2][14]. Industry Data Tracking - In November, BYD achieved sales of 506,800 vehicles, a year-on-year increase of 67.87%, while the cumulative sales for the first 11 months reached 3,757,300 vehicles, up 40.02% year-on-year [3][24]. - The retail sales of new energy vehicles in November increased by 68% year-on-year, reflecting strong market demand [24][26]. Recent Industry/Key Company Dynamics - GAC Group's collaboration with Huawei aims to leverage both companies' strengths in product development and marketing for the new brand [4][36]. - The Ministry of Commerce is engaged in ongoing negotiations regarding the EU's anti-subsidy case against Chinese electric vehicles, indicating potential regulatory impacts on the industry [33][36]. - Hefei and Guizhou provinces are implementing consumer incentives for electric vehicle purchases, further stimulating market growth [32][33]. Investment Recommendations - For passenger vehicles, focus on companies that are expanding into hybrid and overseas markets, such as BYD, Great Wall Motors, and Changan Automobile [39]. - In the parts sector, attention should be given to companies involved in electric and intelligent vehicle technologies, such as Silver Wheel, Bertel, and Baolong Technology [39].