The first month of the 2025 car market shows results: more than half of the listed car companies experienced year-on-year growth despite seasonal declines.

① According to the data from the Passenger Vehicle Association, retail sales of New energy Fund passenger vehicles reached 0.744 million units in January, a year-on-year increase of 10.5%, but a month-on-month decrease of 42.9%. ② Among the 13 companies listed in Hong Kong and A-shares, 7 car manufacturers still achieved year-on-year growth, accounting for more than half.

cls.cnFeb 11 07:09 ET

In January, China’s sales of New energy Fund vehicles increased by 10.5% year-on-year, while the growth rate of Passenger Vehicle exports has slowed down. According to the Passenger Car Association, it may start low and rise high in 2025.

The Passenger Car Association stated that wholesale, production, and exports in January were all at historical lows, and January retail was only higher than January retail in 2020 and 2023 over the past 10 years, with significant potential for a "low start and high rise" expected in 2025.

wallstreetcnFeb 11 04:38 ET

The "Smart Driving Equality" has arrived! Within two days, three brands announced the "Q&M Dental Smart Driving Popularization" plan. BYD's Heavenly Eye may drop to below 0.1 million yuan.

① The entire BYD Qin L series plans to standardize the "God's Eye" smart driving system, which will first be available for models priced below 0.1 million yuan. ② Chongqing Changan Automobile's Deep Blue Automobile signed a comprehensive deepening Business cooperation agreement with Huawei in Chongqing on February 9, focusing also on "smart driving equality."

cls.cnFeb 10 00:51 ET

It is difficult to earn hundreds of billions in premium, how can Electric Vehicle insurance overcome its "growing pains".

From the perspective of profit margins and service levels, the Insurance industry for Electric Vehicles is still in a state of overall loss; car owners have long complained on major complaint platforms about soaring premiums, delays in claims, and certain models being denied insurance.

wallstreetcnFeb 9 23:44 ET

Changan and Dongfeng are planning a reorganization, accelerating the integration of state-owned enterprises in the Autos industry.

The knockout stage has entered a new phase.

wallstreetcnFeb 9 18:13 ET

State-owned enterprises are accelerating their consolidation! Two industry giants announced their plans to implement restructuring on the same day | Quick read of the announcement.

① The new round of restructuring among state-owned enterprises has been set in motion again, with China North Industries Group Corporation Limited and Dongfeng Automobile Group Co., Ltd. announcing plans for restructuring on the same day; ② As state-owned enterprises operating in the automotive sector, the simultaneous announcement of the restructuring has sparked speculation in the market about the integration of the two; ③ In recent years, Dongfeng has collaborated closely with the North Industries Group and Chongqing Changan Automobile, with instances of executive teams taking on mutual positions occurring frequently.

cls.cnFeb 9 07:31 ET