＂Double Festival＂ Auto Market： The price reduction promotion of auto companies has shrunk, and it is expected to reach 5% in the fourth quarter.

During the field visit, it was found that compared with previous years, during the National Day holiday this year, the price reduction promotion of car companies was weakened and the scope was narrowed. Cui Dongshu, Secretary-General of Chenglian Branch, believes that under the influence of multiple factors, such as the strengthening of the "anti-involution" policy and the rebound in the prices of raw materials such as lithium carbonate, the space for car companies to fight the "price war" is further narrowed. Lang Xuehong, Deputy Secretary-General of china automobile dealers association, said that although subsidies for car replacement and renewal were suspended in some areas, the effect of gathering customers during the two holidays was remarkable, and the demand for car purchase was released in a centralized way. The superposition of the dealer’s year-end impulse promotion activities is expected to support a moderate rebound in sales throughout the month. Looking forward to the fourth quarter, 44.4% of dealers are optimistic, and it is predicted that the sales volume of the automobile market will increase by 5%-10% year-on-year. (per warp net)