本次专项整治行动将集中整治非法牟利、夸大和虚假宣传、恶意诋毁攻击等网络乱象，提升涉汽车企业 网络乱象处置质效，督促企业规范营销宣传行为，营造良好舆论环境，护航汽车产业高质量发展。重点 整治问题主要包括：非法牟利、夸大和虚假宣传、恶意诋毁攻击。 每经记者｜董天意 实习生 张艺彤 每经编辑｜余婷婷 | 2025年9月11日 星期四 | NO.1 工信部等六部门联合部署开展汽车行业网络乱象专项整治行动 9月10日消息，为落实国务院常务会议关于切实规范新能源汽车产业竞争秩序部署要求，工业和信息化 部、中央社会工作部、中央网信办、国家发展改革委、公安部、市场监管总局等六部门近日联合印发 《关于开展汽车行业网络乱象专项整治行动的通知》，决定在全国范围内开展为期3个月的汽车行业网 络乱象专项整治行动。 点评：本次六部门联合发起的专项整治行动，将对汽车行业的网络环境进行全面的清理和规范，这对汽 车市场而言是积极信号。整治非法牟利、虚假宣传等行为，有助于提升行业透明度，增强消费者的信任 感，从而推动汽车消费意愿。总体来看，此次行动有助于构建更加健康的市场环境，促进汽车产业的可 持续发展。 NO.2 8月份汽车经销商综合库存系数 ...

| 2025年9月11日星期四| NO.1工信部等六部门联合部署开展汽车行业网络乱象专项整治行动 9月10日消息，为落实国务院常务会议关于切实规范新能源汽车产业竞争秩序部署要求，工业和信息化 部、中央社会工作部、中央网信办、国家发展改革委、公安部、市场监管总局等六部门近日联合印发 《关于开展汽车行业网络乱象专项整治行动的通知》，决定在全国范围内开展为期3个月的汽车行业网 络乱象专项整治行动。 本次专项整治行动将集中整治非法牟利、夸大和虚假宣传、恶意诋毁攻击等网络乱象，提升涉汽车企业 网络乱象处置质效，督促企业规范营销宣传行为，营造良好舆论环境，护航汽车产业高质量发展。重点 整治问题主要包括：非法牟利、夸大和虚假宣传、恶意诋毁攻击。 点评：本次六部门联合发起的专项整治行动，将对汽车行业的网络环境进行全面的清理和规范，这对汽 车市场而言是积极信号。整治非法牟利、虚假宣传等行为，有助于提升行业透明度，增强消费者的信任 感，从而推动汽车消费意愿。总体来看，此次行动有助于构建更加健康的市场环境，促进汽车产业的可 持续发展。 NO.28月份汽车经销商综合库存系数环比下降 9月10日，中国汽车流通协会发布8月份"汽车经销商 ...

二、高端豪华及进口、合资、自主品牌环比下降 9月10日，中国汽车流通协会发布2025年8月份"汽车经销商库存"调查结果：8月份汽车经销商综合库存系数为1.31，环比下 降3.0%，同比上升12.9%，库存水平处于警戒线以下，但高于合理区间。 一、8月份库存系数同比上升、环比下降 8月车市好于预期，主要受益于开学季购车刚需释放、818购车节及多地车展促销活动、新车密集上市等消费节点带动，叠 加第三批以旧换新补贴资金在7月下旬下发后各地政策逐步重启并优化，有效激发消费潜力。上半月受天气因素影响部分区 域消费节奏暂缓，但在进入下半月后，天气转凉助力终端客流回升，配合政策效应持续释放，共同推动市场需求稳步提 升。同时车企主动优化产销节奏实施去库存策略，经销商库存水平出现环比小幅下降。 综合预计，根据中国汽车流通协会乘联分会的统计，8月份乘用车终端销量199.5万辆，以此测算，8月末汽车经销商库存总 量大致在260万辆左右。 高端豪华&进口品牌库存系数为1.48，环比下降5.1%；合资品牌库存系数为1.28，环比下降0.8%；自主品牌库存系数为 1.30，环比下降3.0%。 三、谨慎预期2025年9月份市场需求，合理控 ...

智通财经APP获悉，中国汽车流通协会发布的2025年7月份"汽车经销商库存"调查结果显示，7月份汽车经销商综合库存系 数为1.35，环比下降4.9%，同比下降10.0%，库存水平处于警戒线以下，但高于合理区间。综合预计，7月份乘用车终端销 量182.6万辆，以此测算，7月末汽车经销商库存总量大致在247万辆左右。 一、7月份库存系数同比、环比下降 高端豪华&进口品牌库存系数为1.56，环比上升13.0%；合资品牌库存系数为1.29，环比上升2.4%；自主品牌库存系数为 1.34，环比下降10.7%。 三、7月份库存深度最高的品牌 7月整体汽车市场进入传统淡季，相对平稳。尽管国家第三批690亿元以旧换新补贴资金及时下发，但地方财政兑付普遍存 在15-25天迟滞，叠加汽车金融返佣比例下调，显著加剧了消费者持币观望情绪。进入下旬，全国多地因主汛期连续降雨抑 制出行需求，经销商在6月冲量后补库动能减弱，共同推动库存水平较6月末小幅回落。 值得注意的是，财政部、税务总局7月17日发布《关于调整超豪华小汽车消费税政策的公告》，将超豪华小汽车消费税征收 门槛从"每辆零售价格(不含增值税)130万元下调为90万元"，但因覆盖 ...

Core Viewpoint - The inventory levels of automobile dealers in China have increased in June 2025, indicating a cautious outlook for the market in July due to seasonal factors and promotional activities in June [1][2][10] Group 1: Inventory Levels - The comprehensive inventory coefficient for automobile dealers in June was 1.42, which represents a month-on-month increase of 2.9% and a year-on-year increase of 1.4% [1] - The estimated total inventory of automobile dealers at the end of June is approximately 2.95 million vehicles, based on a terminal sales figure of 2.084 million passenger cars [1] Group 2: Sales and Promotions - Dealers increased promotional efforts in June to meet mid-year targets, leveraging the Dragon Boat Festival and the "6·18" shopping event to boost terminal sales [4] - Despite challenges from seasonal factors such as farming activities and extreme weather, the retail market for passenger vehicles maintained an upward trend due to ongoing subsidies for vehicle trade-ins [4] Group 3: Brand-Specific Inventory - The inventory coefficient for high-end luxury and imported brands rose to 1.38, an increase of 5.3% month-on-month; for joint venture brands, it was 1.26, up 4.1%; while the coefficient for domestic brands slightly decreased to 1.50, down 0.7% [5][7] Group 4: Market Outlook - July is traditionally a slow month for automobile consumption, and the combination of high temperatures, rainy weather, and the effects of June's promotions is expected to weaken market demand [10] - The China Automobile Dealers Association suggests that dealers should rationally estimate actual market demand and enhance the promotion of trade-in and scrapping policies to boost consumer confidence [10]

Group 1 - The core viewpoint of the article indicates that the inventory level of automobile dealers in China is within a reasonable range, with a comprehensive inventory coefficient of 1.38 in May 2025, showing a month-on-month decrease of 2.1% and a year-on-year decrease of 4.2% [1][2] - In May, the automotive market experienced a "high-low-high" trend, driven by various factors such as the concentration of family car purchases during the holiday season and the implementation of policies promoting trade-ins and local consumption [4] - The total inventory of automobile dealers at the end of May is estimated to be around 2.55 million vehicles, remaining stable compared to the previous month, while the inventory level has been continuously decreasing over the first four weeks of May [4] Group 2 - The inventory coefficients for high-end luxury and imported brands decreased month-on-month, with high-end luxury and imported brands at 1.31 (down 1.5%) and joint venture brands at 1.21 (down 11.7%), while the inventory coefficient for domestic brands increased to 1.51 (up 2.7%) [5][7] - Looking ahead to June, the automotive industry is expected to enter a traditional off-season, with a potential decrease in consumer foot traffic, although there are still supportive factors such as the Dragon Boat Festival travel demand and the consumption potential from graduation season [8] - The China Automobile Dealers Association suggests that dealers should rationally estimate actual market demand and enhance the promotion of trade-in and scrapping policies to boost consumer confidence while prioritizing cost reduction and efficiency [9]

Group 1 - The core viewpoint of the articles indicates that the automotive market in China is experiencing a reasonable inventory level, with the comprehensive inventory coefficient for May at 1.38, showing a month-on-month decrease of 2.1% and a year-on-year decrease of 4.2% [1] - The sales market in May exhibited a "high-low-high" trend, driven by various factors including the launch of car exhibitions, the "May Day" holiday effect, and policies promoting vehicle trade-ins and local consumption [1] - The estimated terminal sales of passenger cars in May reached approximately 1.85 million units, with the total inventory of automotive dealers around 2.55 million units, remaining stable compared to the previous month [1] Group 2 - The three brands with the highest inventory depth in May were BYD, Jaguar Land Rover, and Chery, with inventory coefficients of 3.21, 2.72, and 2.10 respectively, indicating a need for attention due to high inventory levels [2] - The automotive market outlook for June is cautious, with expectations of reduced consumer foot traffic due to the traditional off-season characteristics, although there may be support from holiday travel demand and trade-in policies [2] - The association anticipates that the overall performance of the automotive market in June will be on par with or see slight growth compared to May, while recommending that dealers rationally estimate market demand and enhance promotion of trade-in policies [2]

Group 1 - The core viewpoint of the article indicates that the inventory level of automobile dealers in China is within a reasonable range, with a comprehensive inventory coefficient of 1.41 in April, reflecting a month-on-month decrease of 9.6% and a year-on-year decrease of 17.1% [1][2] - In April, the total inventory of automobile dealers was approximately 2.47 million vehicles, which is a decline compared to the previous month [3] - The market performance in early April was subdued due to seasonal factors, but the launch of new consumption policies and the Shanghai International Auto Show in late April significantly boosted market interest and consumer demand [3] Group 2 - The inventory coefficients for high-end luxury and imported brands decreased, with high-end luxury and imported brands at 1.33 (down 23.1%) and joint venture brands at 1.37 (down 21.7%), while domestic brands saw an increase to 1.47 (up 7.3%) [4][6] - The China Automobile Dealers Association suggests that due to increasing market uncertainties, dealers should rationally estimate actual market demand and enhance the promotion of trade-in and scrapping policies to boost consumer confidence [7][8]