Core Viewpoint - The automotive market in November is entering a year-end sprint phase, supported by manufacturers' "Double Eleven" promotional activities, but consumer sentiment is affected by adjustments in trade-in and subsidy policies, leading to increased uncertainty in the market [1] Market Overview - The narrow passenger vehicle retail market is expected to reach approximately 2.25 million units in November, remaining stable month-on-month but showing a year-on-year decline of 8.7% [1] - The retail sales of new energy vehicles are projected to be around 1.35 million units, with a penetration rate expected to rise to 60% [1]