Core Insights - The report highlights the importance of vehicle resale value as a reflection of brand strength, product quality, and market perception, providing critical data for various automotive business operations [2][4] Policy Direction - The automotive industry has become a key economic pillar in China, contributing approximately 10% to the national GDP. The recent growth stabilization plan includes 15 specific measures aimed at enhancing the efficiency of used car transactions and promoting high-quality supply to stimulate demand [6] Market Trends - The automotive market is experiencing fluctuations in vehicle supply, with discussions around subsidies impacting new car sales and subsequently affecting the used car market. The market was active in early September but slowed down towards the end of the month, likely in preparation for the upcoming holiday marketing activities [11] Resale Value Analysis - The resale values of mainstream vehicle models have increased due to new car price rebounds driven by subsidy limits. However, high-end models, particularly MPVs, have seen a decline in resale value. Recent new models launched by manufacturers offer better cost-performance ratios [15] Quality Control in New Energy Vehicles - Strengthening quality supervision is a key measure to combat industry "involution." A special inspection initiative covers various emerging industries, including new energy vehicles, ensuring that the quality of sampled products matches market offerings [17] New Energy Vehicle Resale Value - The resale value of plug-in hybrid vehicles has decreased, influenced by price cuts from new models. While domestic brands are leading the development of electric vehicles, the second-hand market for hybrids faces challenges due to performance disadvantages compared to newer models [20]

Group 1 - The core viewpoint of the news is that the Chinese automotive market is experiencing a recovery in vehicle resale values, particularly among luxury brands and domestic brands in the new energy segment [1][2] - The "2025 September China Automotive Resale Value Research Report" indicates that mainstream vehicle models are seeing an overall increase in resale values, with luxury brands showing a comprehensive rebound [1] - The report highlights a divergence in trends between luxury brands and mainstream joint venture brands, with luxury brands like BBA (Benz, BMW, Audi) maintaining stable performance due to a complete product line [1] Group 2 - The "Automotive Industry Stabilization Growth Work Plan (2025-2026)" has been introduced to provide direction and momentum for the industry, emphasizing the importance of the automotive sector as a key economic pillar in China [2] - The plan includes 15 specific measures aimed at facilitating used car transactions and improving circulation efficiency, which is expected to support the recovery of resale values [2] - The industry is currently in a structural adjustment phase, where brands with core technologies, comprehensive service systems, and clear development strategies will gain greater advantages in resale values [2]

工业和信息化部有关负责人表示，《方案》提出的目标，是科学合理和能够实现的。此次政策措施突出 一个"实"字，《方案》从扩大国内消费、提升供给质量、优化发展环境、深化开放合作等4个维度，提 出了15个方面工作举措和3个方面保障措施，其中包含的细化措施有60余项。 "从对汽车产业影响看，《方案》的出台为行业发展注入强劲动力。"国家信息中心经济预测部产业经济 研究室主任魏琪嘉在接受上海证券报记者采访时表示，《方案》提出的目标充分体现了"量稳质升"的导 向。 魏琪嘉说，汽车制造业增加值同比增长6%左右的目标，本质上是对行业"提质增效"的硬性约束，通过 推动汽车企业引入工业机器人和数字化系统，实现智能化升级，突破生产效率瓶颈、挖掘产品价值空 间。同时，新能源汽车20%的增速目标将倒逼生产资源重新配置，推动整车厂改造现有产线，优化供应 链协同，确保电池、芯片等关键部件供应，提升产业链供应链韧性。 近日，工业和信息化部等八部门印发《汽车行业稳增长工作方案(2025—2026年)》(简称《方案》)，这 是新一轮十大重点行业稳增长方案再次启动实施后发布的第三份方案。《方案》提出主要目标：2025 年，力争实现全年汽车销量3230 ...

（上接1版） "为加快补齐县乡地区公共充换电基础设施短板，激活县域、乡村新能源汽车消费新潜力，《方案》提 出深入开展县乡地区充换电基础设施建设应用推广活动，力争实现充换电基础设施乡乡全覆盖。"魏琪 嘉表示。 《方案》还提出推进汽车准入管理改革、汽车生产企业集团化管理等改革举措，以及进一步规范产业竞 争秩序的若干举措，以提高资源配置效率、优化产业发展环境。 同时《方案》还力求深化改革，解决新能源汽车消费的后顾之忧。"当前，投保难、保费贵是制约新能 源汽车消费的重要问题。《方案》提出深化新能源车险改革，优化商业车险基准费率。目的是从源头降 低新能源汽车全生命周期使用成本，提高消费者购买意愿。"魏琪嘉说。 从汽车消费趋势看，魏琪嘉认为，《方案》给出的优化基础，释放新能源汽车消费潜能的思路举措明 确。 另外，工业和信息化部有关负责人表示，《方案》工作思路"新"。该负责人表示，《方案》在着力扩大 需求的同时，注重以高质量供给引领需求、创造需求，并提出以技术创新激发潜在消费需求、以标准升 级引领产品质量提升、加快汽车行业数字化智能化转型等工作举措。 ...