Cui Dongshu: Looking ahead to the beginning of the "Thirteenth Five-Year Plan" in 2026, the potential for growth in the car market is still significant.

Cui Dongshu, the head of the China Automobile Dealers Association, stated that since October of this year, the traditional peak season has not been prosperous, with a sharp decline in sales of homogeneous products and a significant drop in the B-class SUV market. Some high-end new models have shown impressive performance, with some models such as the Cadillac XT5 achieving contrarian growth, reflecting the high recognition of new fuel vehicles by mainstream car companies. Although there is great pressure for negative growth in the fourth quarter of this year, the growth of the car market in the "14th Five-Year Plan" period has been strong, and the current market is in a subsidy adjustment gap. Looking ahead, the potential for growth in the car market at the beginning of the "15th Five-Year Plan" in 2026 is still significant.