Cui Dongshu of the passenger car branch said that in 2025, there is a big contrast between the monthly trend of the passenger car market and previous years. The cumulative retail growth rate in the domestic car market increased by 1.2% from January-February, 15% in March-June, hovered around 6% in July-September, and fell back to 8% in November. Sales in the car market basically leveled off in September-November, which was basically in line with the “low, middle, high, back flat” trend judged at the beginning of the year. The traditional peak season since October of this year has not been strong. Sales of homogenized products have declined significantly. The B-class SUV market has declined significantly, and some new high-end models have performed brilliantly, while some models, such as the new Cadillac XT5, have bucked the trend, reflecting the high level of acceptance of new fuel vehicle products by major car companies. Although negative growth pressure was strong in the fourth quarter of this year, the “14th Five-Year Plan” car market growth was already strong. Currently, the market is in a gap period for subsidy adjustments. Looking ahead to the beginning of the “15th Five-Year Plan” in 2026, the car market still has great potential for growth.

Cui Dongshu of the passenger car branch said that in 2025, there is a big contrast between the monthly trend of the passenger car market and previous years. The cumulative retail growth rate in the domestic car market increased by 1.2% from January-February, 15% in March-June, hovered around 6% in July-September, and fell back to 8% in November. Sales in the car market basically leveled off in September-November, which was basically in line with the “low, middle, high, back flat” trend judged at the beginning of the year. The traditional peak season since October of this year has not been strong. Sales of homogenized products have declined significantly. The B-class SUV market has declined significantly, and some new high-end models have performed brilliantly, while some models, such as the new Cadillac XT5, have bucked the trend, reflecting the high level of acceptance of new fuel vehicle products by major car companies. Although negative growth pressure was strong in the fourth quarter of this year, the “14th Five-Year Plan” car market growth was already strong. Currently, the market is in a gap period for subsidy adjustments. Looking ahead to the beginning of the “15th Five-Year Plan” in 2026, the car market still has great potential for growth.