The Zhitong Finance App learned that the Passenger Link branch published an article stating that in September, the car market entered the traditional “golden nine silver ten” peak consumption season, and terminal passenger traffic is expected to continue to pick up. The trade-in and local subsidy policies continue at the current pace, providing support for the “Golden Nine” market. However, there is still no fundamental improvement in consumption expectations and fundamentals. Combined with long-term fluctuations and increases in oil prices, it is difficult for the actual market performance to replicate the “Golden Nine” success of previous years. According to comprehensive research, the passenger car retail market size in the narrow sense of September was about 1.69 million units, up 9.7% month-on-month. The year-on-year decline is expected to expand further to 24.6% from the high base of 2.241,000 vehicles in the same period last year. By energy type, new energy sources are expected to reach about 1.11 million vehicles under the dual expectations of new vehicle delivery and end-of-quarter impulse, with a retail penetration rate of 65.7%.

The Zhitong Finance App learned that the Passenger Link branch published an article stating that in September, the car market entered the traditional “golden nine silver ten” peak consumption season, and terminal passenger traffic is expected to continue to pick up. The trade-in and local subsidy policies continue at the current pace, providing support for the “Golden Nine” market. However, there is still no fundamental improvement in consumption expectations and fundamentals. Combined with long-term fluctuations and increases in oil prices, it is difficult for the actual market performance to replicate the “Golden Nine” success of previous years. According to comprehensive research, the passenger car retail market size in the narrow sense of September was about 1.69 million units, up 9.7% month-on-month. The year-on-year decline is expected to expand further to 24.6% from the high base of 2.241,000 vehicles in the same period last year. By energy type, new energy sources are expected to reach about 1.11 million vehicles under the dual expectations of new vehicle delivery and end-of-quarter impulse, with a retail penetration rate of 65.7%.