2024 auto market expected to welcome sales' big year '

Next year, the competition of various car companies in products, technology, marketing, services and other aspects will also intensify, and the leading advantage of the leading enterprises will be further increased. The auto price war will continue and even become more intense.

It is worth mentioning that in addition to car companies through the way of price reduction, various strategies are also being adopted to actively promote the development of the automobile market. In July, the Ministry of Finance, the General Administration of Market Supervision and other departments issued the "Several Measures to promote Automobile Consumption" to optimize the management policy of automobile purchase restriction. Encourage restricted areas to issue annual car purchase indicators as soon as possible, implement differentiated policies for urban and suburban indicators, and increase annual car purchase indicators according to local conditions. On December 19, the Development and Reform Commission of Zhejiang Province issued the "Several Policies on Further Promoting High-quality Economic Development (Draft for Comments)", which clearly proposed in the "36th Article to improve traditional consumption" to promote the orderly cancellation of minibus restrictions and other policies. This means that after the restriction of vehicle licenses began in 2014, Hangzhou will be expected to cancel the restriction of small buses and other policies. Next, whether cities with car purchase restrictions, including Beijing, Guangzhou, Shanghai and Tianjin, will adopt the same policy has aroused widespread concern in the consumer market.

Xu Haidong said that it is expected that the total sales of automobiles in China in 2024 will be about 31 million, of which the sales of new energy vehicles will be about 11.5 million. With the gradual recovery of China's economy, consumer market demand will continue to maintain steady growth, and China's automobiles will officially enter a new stage of 30 million vehicles next year.