点 击 蓝 字 关 注 我 们 | | 目录 | | | | | | --- | --- | --- | --- | --- | --- | | 序号 | 生产厂商 | 子车型 | 上市时间 | 细分市场及车身结构 | 工程更改规模 | | 1 | 长安马自达 | EZ-60 | 2025 / 09 / 26 | B SUV | NP | | 2 | 沃尔沃亚太 | XC70 | 2025 / 09 / 26 | C SUV | NP | | 3 | 广汽乘用车 | 传祺 向往S7 | 2025 / 09 / 27 | C SUV | NM | | 4 | 一汽大众 | 高尔夫 | 2025 / 09 / 27 | A HB | MCE1 | | 5 | 一汽大众 | CC | 2025 / 09 / 27 | B NB | MCE1 | | 6 | 一汽大众 | CC猎装车 | 2025 / 09 / 27 | B NB | MCE1 | | 7 | 奇瑞汽车 | 瑞虎9 | 2025 / 09 / 27 | B SUV | MCE1 | | 8 | 奇瑞汽车 | 瑞虎9X | 2025 / 09 / 27 ...

Investment Rating - The report maintains a "Recommendation" rating for the automotive industry, indicating a positive outlook for the sector in the upcoming months [1]. Core Insights - The automotive industry is expected to gradually enter a seasonal peak as new car launches begin in the second half of the year, with price resilience observed against a backdrop of reduced competition [1]. - The market has absorbed much of the anticipated policy effects for next year, leading to significant gains in automotive stocks, suggesting a shift towards focusing on alpha stocks rather than beta stocks [2]. Data Tracking - In July, new energy vehicle deliveries showed significant growth for companies like Xiaopeng, which saw a year-on-year increase of 229.4%, while BYD's deliveries were 344,296 units, up 0.6% year-on-year but down 10% month-on-month [4][14]. - Traditional automakers also reported strong sales, with Geely's sales reaching 238,000 units, a 57.6% increase year-on-year [4][20]. - The average discount rate in early August was 10.1%, reflecting a slight increase from the previous period, with an average discount amount of 22,542 yuan [4]. Industry News - The report highlights several key developments, including the launch of the Mengshi M817, which features advanced driving technologies and a starting price of 319,900 yuan [27]. - A survey by the China Automobile Dealers Association indicated that 52.6% of automotive dealers reported losses in the first half of 2025, with independent new energy vehicle brands performing better than traditional fuel brands [27]. - The report also notes that NIO has invested over 18 billion yuan in charging and battery swap infrastructure over the past decade, with more than 8,100 stations built nationwide [28]. Market Performance - The automotive sector saw a weekly increase of 4.94%, ranking 6th among 29 sectors, with significant gains in both the parts and passenger vehicle segments [7].