汽车行业周动态：吉利银河星舰7上市，交通运输部表态要有序推动无人车、无人机示范应用

Investment Rating - The report maintains an "Overweight" rating for the automotive sector, suggesting an increase in allocation towards automotive stocks [5][16]. Core Insights - The automotive sector outperformed the market during the week of December 2 to December 6, 2024, with the automotive index rising by 3.6%, compared to the Shanghai Composite Index's increase of 2.3% [18]. - The report highlights the successful launch of the Geely Galaxy Starship 7, which is expected to enhance Geely's competitiveness in the A-class hybrid SUV market [14][16]. - The Ministry of Transport's initiative to promote the demonstration applications of unmanned vehicles and drones is seen as a strong policy support for the industry [15][16]. - The report anticipates a positive outlook for automotive demand in 2024, driven by the implementation of vehicle replacement policies and a series of new car launches [16]. Summary by Sections Weekly Dynamics - The automotive sector's performance for the week showed a significant increase, with sub-sectors such as passenger cars and automotive services also experiencing gains of 3.4% and 6.5% respectively [18]. - The report notes that the automotive sector's PE-TTM (not adjusted) stands at 29.9, with historical valuation percentiles indicating a relatively high valuation compared to the past year [26]. Key Company Performances - Key companies such as Great Wall Motors and Fuyao Glass received "Buy" and "Overweight" ratings, reflecting strong performance expectations [3][4]. - The report lists top-performing stocks, with notable increases in share prices for companies like Construction Industry (+61.1%) and Yunnei Power (+54.7%) during the reporting period [30]. Important News and Announcements - The report includes significant announcements such as the launch of new products and strategic partnerships, which are expected to impact the automotive sector positively [34][38]. - The report also mentions the restructuring plans of major companies like General Motors in China, indicating ongoing adjustments within the industry [38]. Monthly Indicators Tracking - The report provides data on domestic passenger car sales, which reached 2.76 million units in October 2024, reflecting a year-on-year increase of 10.7% [44].