Cui Dongshu: In October, passenger car manufacturers set new records for production, exports, and wholesale for the month.

According to the Zhitong Finance and Economics APP, on November 13, Cui Dongshu posted an article stating that the characteristics of the "Golden September and Silver October" in the car market were more evident before 2016. At that time, house prices were relatively low, the first-time car buyers were numerous, the enthusiasm for buying cars before the National Day holiday was high, and car sales in September were generally higher than in October. Therefore, the concept of "Golden September and Silver October" was established. With the rapid increase in house prices, the car market peaked in 2017, and the new group of young people buying cars decreased while the group of people trading in their old cars gradually became the main force. "Golden September and Silver October" gradually changed to "Silver September and Golden October", and car sales have not broken through in nearly 7 years. This year, as the Mid-Autumn Festival falls in October, with the tightening of subsidies policies for the trade-in of old cars in some provinces and cities, the growth rate of sales among regions has shown differentiation, and the sales volume in October did not continue to rise.