汽车和汽车零部件行业周报：小米YU7正式官宣，阿维塔与华为全面深化战略合作

Investment Rating - The report maintains a "Buy" rating for BYD and Fuyao Glass, with recommendations to pay attention to Tesla, Xpeng Motors, NIO, and Geely Automobile in the complete vehicle segment, and to Jifeng Co. in the auto parts segment [6][7]. Core Insights - Xiaomi officially announced its new SUV model YU7, expected to be priced between 300,000 to 400,000 yuan, aiming to compete directly with Tesla's Model Y [3]. - Avita and Huawei signed a strategic cooperation agreement to deepen collaboration in product development, marketing, and ecosystem services, which is expected to enhance Avita's next-generation vehicle series [3]. - The Central Political Bureau meeting emphasized the need to boost consumption, particularly in the new energy vehicle sector, with over 5 million applications for vehicle trade-in programs reported [4]. - The automotive sector outperformed the market, with the CITIC automotive index rising by 0.5% compared to a 1.0% decline in the CSI 300 index [5]. Sales Tracking - From December 1 to December 8, domestic retail sales of passenger vehicles increased by 32% year-on-year and 11% month-on-month, reaching 502,000 units, with new energy vehicles accounting for 72% growth [23]. - The wholesale sales of passenger vehicles during the same period saw a 55% year-on-year increase, totaling 565,000 units, with new energy vehicles up by 78% [23]. Industry Dynamics - The report highlights significant investments and collaborations in the automotive sector, including a joint investment of 8 billion yuan by BAIC and Hyundai in Beijing Hyundai [76]. - The report notes that NIO aims to double its sales next year, targeting over 400,000 annual deliveries [78]. - Avita and Huawei's collaboration is expected to lead to the development of a new series of vehicles based on advanced architecture [79].