According to a survey of manufacturers by the Passenger Federation Branch in early October, most leading manufacturers were cautious about the pace of sales in the fourth quarter. Most car companies achieved less than 60% of their annual targets in the first three quarters. There is still plenty of room for impulse in the fourth quarter, but “reverse internal sales” and terminal profit pressure limited the space for price in exchange for volume. Overall, the inventory strategies of various manufacturers tend to be steady in October. Based on the weekly trend analysis, the passenger car retail market size in the narrow sense of October was about 1.6 million units, down 1.1% from the previous month and 28.9% from the previous year. By energy type, new energy is supported by early orders. It is expected to reach about 1.07 million vehicles. The retail penetration rate is about 66.9%, which is a slight drop from the high point at the end of the September quarter, in line with regular seasonal trends.

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