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The Zhitong Finance App learned that Cui Dongshu, Secretary General of the Passenger Transport Association, published an article saying that the most prominent characteristic of the car market in October was “not strong during the peak season,” and that the traditional “Silver Ten” was seriously underdeveloped. Due to the long sales period during the Mid-Autumn Festival in September and October, the performance was better than in September. Revenue dropped after the fall harvest and the weather became colder, so demand for cars should be highlighted, but the purchasing performance of first-time buyers supporting the growth of the autumn/winter car market this year is poor. The slump in the A00 and A class markets indicates that the recent policies in the car market have mainly supported consumption upgrades, and the increase in the subsidy threshold has somewhat suppressed the car purchase demand of people without cars. The fuel vehicle market has been lacking in new products for a long time, and usage costs are rising, which is not conducive to the full release of the purchasing power of first-time buyers. Recently, oil prices have been high, non-ferrous and mining prices have risen, and consumers' purchasing power and willingness to buy are low.

Zhitongcaijing·11/13/2026 09:09:08
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The Zhitong Finance App learned that Cui Dongshu, Secretary General of the Passenger Transport Association, published an article saying that the most prominent characteristic of the car market in October was “not strong during the peak season,” and that the traditional “Silver Ten” was seriously underdeveloped. Due to the long sales period during the Mid-Autumn Festival in September and October, the performance was better than in September. Revenue dropped after the fall harvest and the weather became colder, so demand for cars should be highlighted, but the purchasing performance of first-time buyers supporting the growth of the autumn/winter car market this year is poor. The slump in the A00 and A class markets indicates that the recent policies in the car market have mainly supported consumption upgrades, and the increase in the subsidy threshold has somewhat suppressed the car purchase demand of people without cars. The fuel vehicle market has been lacking in new products for a long time, and usage costs are rising, which is not conducive to the full release of the purchasing power of first-time buyers. Recently, oil prices have been high, non-ferrous and mining prices have risen, and consumers' purchasing power and willingness to buy are low.