Group 1 - The core point of the article highlights that the Xiaomi SU7 Ultra has achieved significant sales success, ranking first in both the "luxury cars above 500,000" and "luxury pure electric cars above 500,000" categories for the period of January to July 2025 [1] - Data indicates that in the luxury pure electric market above 500,000, one out of every three pure electric cars sold is a Xiaomi SU7 Ultra, showcasing its strong market presence [1] - Xiaomi executives, including Vice President Li Xiaoshuang and Founder & CEO Lei Jun, have publicly celebrated this sales achievement on social media platforms [1] Group 2 - Despite the impressive sales figures, there have been reports of delivery disputes from some users who experienced delays in the production of their Xiaomi SU7 Ultra vehicles [1] - Users who had previously locked in orders were informed by the delivery center that they would need to postpone production and pay the remaining balance within a specified timeframe to retain their orders, or else the orders would be automatically canceled without a refund of the deposit [1] - As of now, Xiaomi has not publicly responded to the delivery dispute issues raised by users [1]

Core Viewpoint - The recent adjustment of the luxury car tax in China has significantly impacted the high-end automobile market, with a new threshold set at 900,000 yuan (excluding VAT), affecting both traditional fuel vehicles and new energy vehicles [3][4][25]. Summary by Sections Tax Policy Changes - The luxury car tax threshold has been lowered from 1.3 million yuan to 900,000 yuan, which means that vehicles priced between 1.017 million and 1.469 million yuan will now incur an additional 10% tax [4][25]. - The new tax policy includes a broader range of vehicle types, explicitly incorporating new energy vehicles [4][5]. Market Reactions - The announcement led to a surge in consumer activity, with many rushing to dealerships to purchase vehicles before the new tax took effect [5][7]. - Dealers extended their hours and offered incentives to facilitate sales, with some models experiencing price increases due to the tax adjustment [8][10]. Impact on Luxury Brands - Brands such as Land Rover, Porsche, and Mercedes-Benz are particularly affected, as many of their models now fall under the new tax bracket [14][18]. - The luxury car market has shown structural differentiation, with traditional fuel vehicles facing intensified competition from new energy models [5][25]. Consumer Sentiment - Some consumers expressed frustration over the sudden tax increase, with a mix of reactions ranging from acceptance to reconsideration of purchases [11][12][22]. - The luxury car tax adjustment has prompted some buyers to contemplate canceling orders or seeking refunds on deposits [12][14]. Manufacturer Responses - Jaguar Land Rover and Mercedes-Benz announced full subsidies for the luxury tax for specific models purchased within a limited timeframe, aiming to mitigate consumer dissatisfaction [19][21]. - The response from manufacturers indicates a proactive approach to retain customer loyalty amidst the tax changes [19][22]. Market Dynamics - The adjustment is expected to reshape the competitive landscape of the luxury car market, with potential shifts in consumer preferences towards brands that can offer better pricing strategies [26][30]. - The rise of domestic luxury brands, such as the Yudo U8 and the Zun Jie S800, is seen as a positive outcome from the tax adjustment, providing more options for consumers [30][31].

Core Viewpoint - The recent adjustment of the luxury car tax in China has significantly impacted the high-end automobile market, with the threshold for tax applicability lowered from 1.3 million yuan to 900,000 yuan, affecting both traditional fuel vehicles and new energy vehicles [3][4][27]. Group 1: Tax Policy Changes - The new luxury car tax policy will take effect on July 20, lowering the retail price threshold for tax applicability from 1.3 million yuan to 900,000 yuan for various types of passenger cars and light commercial vehicles [3][4]. - The inclusion of new energy vehicles in the tax scope is a notable change, expanding the range of vehicles subject to the luxury car tax [4][27]. Group 2: Market Reactions - Following the announcement, there was a surge in consumer activity, with many rushing to dealerships to finalize purchases before the new tax took effect, leading to extended store hours and increased sales efforts [5][6][7]. - Some consumers who had already placed deposits on vehicles began to reconsider their purchases due to the unexpected tax increase, with reports of potential cancellations [10][13]. Group 3: Impact on Specific Brands - Brands such as Land Rover and Porsche are expected to be significantly affected, as many of their models now fall within the new tax range, leading to increased urgency among consumers to purchase before the tax implementation [9][21]. - The luxury car market is experiencing structural changes, with traditional fuel vehicles facing intensified competition from new energy models, further complicated by the new tax policy [5][27]. Group 4: Sales Data and Market Share - In the market segment affected by the new tax, Mercedes-Benz holds a 48% share, followed by Land Rover at 23% and Porsche at 18%, indicating a competitive landscape that may shift due to the tax changes [29][30]. - The sales figures for luxury vehicles show that models like the Range Rover and Porsche Cayenne are among the top sellers, highlighting the potential impact of the new tax on their sales dynamics [30]. Group 5: Future Market Dynamics - The adjustment of the luxury car tax is expected to alter the competitive landscape, potentially benefiting domestic luxury brands as they may find new opportunities in the market previously dominated by imported vehicles [34][35]. - The ongoing decline in imported vehicle sales suggests that domestic brands could capitalize on the new tax structure, appealing to consumers looking for alternatives in the luxury segment [34].

Core Viewpoint - The new luxury car tax policy in China, effective from July 20, 2023, lowers the threshold for luxury car taxation, impacting the sales dynamics of high-end automotive brands significantly [1][2][14]. Group 1: Tax Policy Changes - The luxury car tax threshold has been reduced from a retail price of 1.3 million yuan (excluding VAT) to 900,000 yuan, now including various types of vehicles, including electric and fuel cell cars [1][2]. - The new tax policy results in a new taxable price range for vehicles, with the inclusive tax price threshold dropping from 1.469 million yuan to 1.017 million yuan [2][14]. Group 2: Market Reactions - The announcement of the tax change led to a surge in sales as consumers rushed to purchase vehicles before the new tax took effect, with reports of extended store hours and high sales activity [3][11]. - Major luxury brands like Porsche, Land Rover, and Mercedes-Benz experienced significant consumer interest, with many buyers attempting to finalize purchases before the tax increase [3][5][11]. Group 3: Impact on Luxury Brands - The new tax policy is expected to affect the sales of high-end models from brands such as Porsche, Land Rover, Mercedes-Benz, BMW, Audi, and Lexus, with many models now falling under the new tax bracket [7][9][10]. - Brands like Porsche and Land Rover are particularly impacted, as a significant portion of their models exceed the new tax threshold [10][11]. Group 4: Consumer Behavior - Consumers who had already placed orders for vehicles are reconsidering their purchases due to the unexpected tax increase, with some contemplating canceling their orders [6][7]. - The market dynamics are shifting, with potential buyers now looking at alternative models that may fall below the new tax threshold, indicating a possible change in consumer preferences [17][18]. Group 5: Market Outlook - The adjustment in luxury car tax is seen as a response to the changing market conditions, where high-end car sales have been declining, and promotional pricing has increased [14][18]. - The new tax structure may provide opportunities for domestic luxury brands, as the lowered threshold could allow them to capture a larger market share previously dominated by imported luxury vehicles [18][19].

Core Viewpoint - The long delivery times for popular electric vehicles, particularly the Xiaomi YU7, have sparked consumer frustration, despite the high demand and initial excitement surrounding these models [1][5][20]. Group 1: Delivery Times and Consumer Reactions - The Xiaomi YU7 has a delivery time of up to 61 weeks, which translates to over a year, causing significant consumer dissatisfaction and even calls for refunds [5][7][9]. - Other luxury brands also experience long delivery times, with Lamborghini's Revuelto requiring over two years for delivery, while Porsche's Panamera maintains a shorter six-month wait [10][14]. - The phenomenon of long delivery times is not unique to Xiaomi, as many high-demand models across various brands face similar delays due to supply chain issues and production limitations [9][20]. Group 2: Factors Contributing to Delays - The delays in delivery are attributed to several factors, including high demand for these "hot" models, supply chain vulnerabilities, and production capacity constraints [22][23][27]. - For instance, Xiaomi's SU7 has faced extended delivery times due to battery supply issues, which have been partially alleviated by switching to a new battery supplier [24][27]. - The production capacity of Xiaomi's factories is limited, with the current maximum capacity being 300,000 units, while there are over 140,000 outstanding orders for the SU7 alone [27]. Group 3: Consumer Sentiment and Market Dynamics - Despite the long wait times, many consumers are willing to wait due to brand loyalty and the perceived value of the vehicles, particularly among Xiaomi's existing customer base [31][33]. - The emotional value and brand attachment play significant roles in consumer decisions, with some consumers viewing the wait as an opportunity to save more money [34][35]. - However, there are concerns about the potential for the vehicles to become outdated by the time they are delivered, as software updates and new features may be released during the waiting period [38][39].

作者：风暴眼 王迪 来源： 凤凰网财经（ID：finance_ifeng) 从年初保时捷经销商群起"逼宫"，曾经风光无两的德系跨国豪车品牌开始步入在华的"渡劫"时刻。 近日，不仅市场传出保时捷经销商祭出跌破40万的价格，亦有网友向《风暴眼》爆料称，保时捷个别 城市经销商门店关闭及展厅被其他车企品牌替换的现象。调整市场策略及价格，成为经销商们艰难卖 车的选择。 至于保时捷售价再创新低，《风暴眼》咨询了北京、上海、西安、青岛等多个城市的保时捷4S门 店，销售均表示目前存在优惠活动，但是所有车型没有跌破40万大关。 01 " 说闭店就闭店 " ，后续还会关店吗？ 作为红极一时的德系豪车品牌，保时捷在燃油车时代大杀四方。小米等国内车企一度是保时捷的拥 趸。但是，面对电动化转型，"被模仿者"似乎进入了瓶颈期。 "尊敬的保时捷车主：我们很遗憾地通知您，由于业务调整，鄂尔多斯保时捷中心即将于10月31日正 式闭店，由此造成的用车不便，我们深表歉意！"当李明收到这条短信，他随后在个人社交平台上感 慨道："说闭店就闭店"。多位内蒙古保时捷车主告诉《风暴眼》收到了闭店的短信通知。 这并不是保时捷第一次被爆出闭店的消息。今年年初， ...