CMS·2025-09-07 14:31Investment Rating - The report maintains a "Recommended" rating for the automotive industry, indicating a positive outlook for the sector [5]. Core Insights - The automotive industry experienced an overall decline of 1.1% during the week from August 31 to September 6, with various companies reporting their August sales figures [1][2]. - Great Wall Motors achieved its highest-ever August sales, selling 115,558 vehicles, a year-on-year increase of 22.33% [26]. - New energy vehicle sales for Great Wall reached 37,495 units, reflecting a significant year-on-year growth of 50.92% [26]. - Leap Motor delivered 57,066 units, marking an impressive year-on-year growth of over 88%, maintaining its position as the top-selling new force brand for six consecutive months [25]. - Xpeng Motors and NIO also reported substantial growth in deliveries, with Xpeng delivering 37,709 units (up 169% year-on-year) and NIO delivering 31,305 units (up 55.2% year-on-year) [25]. Market Performance Overview - The automotive sector's secondary market saw a comprehensive decline, with the passenger vehicle segment experiencing the most significant drop of 2.3% [12]. - The commercial vehicle segment had the smallest decline at 0.1% [12]. - Among the automotive industry’s tertiary sectors, the commercial passenger vehicle and automotive dealership segments saw increases of 5.1% and 2.9%, respectively [12]. Individual Stock Performance - The automotive sector saw a majority of stocks decline, with notable gainers including Pateo (+44.5%), Huayang Racing (+37.8%), and Tianpu Co. (+33.1%) [3][16]. - Conversely, stocks such as Construction Industry (-25.5%), Chengfei Integration (-22.7%), and Hunan Tianyan (-20.8%) faced significant declines [3][16]. Recent Industry Developments - The report highlights the launch of several new models, including the Geely Galaxy M9, which is set to be released on September 17, 2025, with a pre-sale price range of 193,800 to 258,800 yuan [27]. - Tesla's Model Y L has received a strong market response, with daily orders nearing 10,000 units since its launch on August 19 [28]. - The report also notes advancements in robotics within the automotive sector, with Tesla's Optimus V3 robot being highlighted as a significant development [29].