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According to data from the China Transport Association, November had a total of 21 working days, the same as last year, but 2 more days than October, so the effective production time and sales period in November is longer. November is a time when the car market fluctuates greatly. The external economic environment and seasonal demand will comprehensively affect the car market. Historically, the weak car market often occurred in November. The effective production and sales period in November was more plentiful than in October. The cooler weather and the return of migrant workers led to the release of car purchases in the county and township markets. There are structural opportunities for new energy and middle- and low-end fuel vehicles. November is a reasonable time to take the initiative to increase inventory: demand is relatively hot at the end of the year. Consumers are in high demand for existing cars in stock, and inventory needs to be prepared early. The current restrictions are that dealers are not confident enough. Some dealers are looking for an opportunity to quit, the channel reservoir function weakens, and the market is still under high pressure to remove inventory at the end of the year.
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According to data from the China Transport Association, November had a total of 21 working days, the same as last year, but 2 more days than October, so the effective production time and sales period in November is longer. November is a time when the car market fluctuates greatly. The external economic environment and seasonal demand will comprehensively affect the car market. Historically, the weak car market often occurred in November. The effective production and sales period in November was more plentiful than in October. The cooler weather and the return of migrant workers led to the release of car purchases in the county and township markets. There are structural opportunities for new energy and middle- and low-end fuel vehicles. November is a reasonable time to take the initiative to increase inventory: demand is relatively hot at the end of the year. Consumers are in high demand for existing cars in stock, and inventory needs to be prepared early. The current restrictions are that dealers are not confident enough. Some dealers are looking for an opportunity to quit, the channel reservoir function weakens, and there is still a lot of pressure on the market to remove inventory at the end of the year.
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