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Sinolink: Consumer car market remained stable in August, and will usher in the peak season in September.
Sinolink Securities has released a research report stating that it remains bullish on leading companies in competitive sectors as well as the internationalization of markets with strong supply and demand dynamics and competitive landscapes.
[Brokerage Focus] Haitong International: The global passenger vehicle market is currently in the accelerated penetration stage of electric intelligentization.
According to the data from the Public Account of the China Passenger Car Association, the production of passenger vehicles in August was 2.158 million, a decrease of 3.7% compared to the same period last year, and an increase of 8.9% compared to the previous month. It decreased by about 0.09 million vehicles from the historical high point of 2.24 million vehicles in 2023. The wholesale of vehicles by manufacturers was 2.154 million, a decrease of 3.9% compared to the same period last year, and an increase of 9.6% compared to the previous month. Due to the cautious production and sales of automakers in the summer, the wholesale of passenger vehicles in August did not reach a new high. The retail sales volume was 1.905 million vehicles, a decrease of 1.0% compared to the same period last year, and an increase of 10.8% compared to the previous month. Since 2024, the cumulative retail sales volume has reached 13.472 million, a year-on-year increase of 1.9%.
BYD's Workforce Exceeds 900,000, With Nearly 110,000 R&D Personnel
Cui Dongshu: The sales structure trend of price segments in the national passenger vehicle market continues to rise, with a significant increase in the proportion of high-end vehicle sales.
According to the China Passenger Car Association data, the national passenger vehicle market price segment sales structure trend continues to rise, with a significant increase in the sales proportion of high-end models and a decrease in the sales proportion of low-priced models.
Spain and Germany Call on EU to Push Back EV Tariffs on Chinese EV
NIO Surges Over 32% in Five Days, Is an EV Rebound on the Horizon?
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bullrider_21 OP : Xpeng's deliveries may increase with the introduction of hybrids.