As of October 7, new domestic car builders have successively handed over the 2024 “Golden Nine” questionnaire. Overall, most brands achieved year-on-year and month-on-month growth in September. Among them, many brands such as Ideal Auto, Xiaopeng Motor, and JiKrypton reached record highs in delivery volume. The National Passenger Vehicle Market Information Association (“Passenger Federation” for short) said that the “Golden Nine Silver Ten” is the peak season for the traditional car market. The national end-of-life renewal policy and local trade-in and replacement policies are steadily gaining strength. The amount of bicycle subsidies is quite impressive, strongly driving the growth of the car market, compounding the effects of the Mid-Autumn Festival holiday, causing the popularity of the car market to explode in September. Cui Dongshu, Secretary General of the Passenger Transport Federation, said that the passenger federation's internal market forecasting team is currently 93% optimistic about the September market, which is the highest point recently. “There were 21 working days in September, which is one more day than last year. In addition, there was no early vacation at the end of September, and the effective sales period was quite long. “This year, the effects of 'Golden Gum' will be more prominent, which is conducive to increasing sales.” Choi Dong-shu said. (Securities Daily)