Chery Gaofei: Nowadays, we no longer buy houses, instead we save money to buy cars and improve our quality of life.

Gao Fei, Deputy General Manager of the Chery brand's domestic business division, said at the 2025 China Auto Forum that this year everyone is saying the economy is not good, but actually it has given the automotive market an opportunity. He mentioned that many users have said that since they are not buying houses anyway, they are saving money and their savings are increasing, so buying a new car can improve their quality of life and travel experiences. He predicts that the growth of the automotive market this year will be approximately 24 million vehicles, or even more.