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Following the new car market in September driven by the traditional peak season, October in the National Day Mid-Autumn Festival atmosphere continued to boost sales of the month. According to the latest data released by the Passenger Association, in October 2020, the retail sales of domestic passenger cars reached 1.992 million vehicles, with a year-on-year growth of 8.0%; the month-on-month growth rate was 4.1%; the cumulative sales volume from January to October was 14.921 million vehicles, with a cumulative growth rate of-10.2%.

According to the sales volume of passenger cars in the three major segments, the sales volume of passenger cars in October was 948,000, with a year-on-year growth of 8.8%; the sales volume of SUV was 937,000, with a year-on-year growth of 9.9%; and the sales volume of MPV was 107,000, with a year-on-year growth of 10%. Collective growth in three major areas will occur again in 2020. It is worth noting that the list data is the terminal retail sales volume calculated by the association.

It should be noted that, as the MPV market with the smallest volume in China at present, it successfully beat the other two sub-fields in October this year, which is a rare situation, which is also reflected in the domestic exchange market, where high-end MPV becomes a greater demand.

In the best-selling list of cars, all the models on the list have achieved obvious upward trend due to the high atmosphere, and many models have achieved double-digit sales growth. Among them, Nissan Xuanyi relies on the sales mode of "old and new in the same hall" to further expand the market share of compact cars, maintaining sales volume above 50,000 vehicles for two months, and opening up the gap of more than 10,000 with Volkswagen Lavida ranked second again. This also makes Volkswagen Lavida the only model in the list to decline, down 10.5% year-on-year. The same Volkswagen brand, FAW-Volkswagen's new Bora through greater preferential efforts, so that the model in October more than ranked third Toyota Corolla, back to the advantages of recent months. At the same time, plus the new Sagitar's larger sales helped the brand surpass SAIC Volkswagen again.

The same as the above, Buick Yinglang also through the expansion of preferential strength, coupled with the return of four-cylinder engine, there is an obvious sales return, after all, in the same period last year under the influence of three-cylinder engine, so that model sales continued to decline.

In contrast, Corolla, which relies on Toyota's solid technology, did not make a big profit based on other models, but also achieved a small sales growth, up 9% year-on-year, but slipped to fifth place.

In terms of autonomy, Wuling Hongguang, Geely Dihao and Chang 'an Yidong appeared in the list. Geely brand was regarded as the independent reputation of domestic head, and comprehensive strength helped Dihao to keep on the list. Chang 'an benefited from the launch of the Blue Whale Power Platform by the brand, and realized the boost of its models.

The most outstanding performance this month is Wuling Hongguang's MINI, which further realizes sales growth through lower price threshold, not only maintains the single model with the highest sales volume in the new energy market, but also enters the car market list for the first time.

In the field of SUV models, independent brands still maintain a strong dominant position, with 5 independent models in the top 10 list, among which the top two in the top 10 rankings are from independent models. One of the first is still occupied by the Great Wall Haval H6, and let it kill the list for 88 consecutive months. Thanks to the launch of the new H6 and the sales model of "old and new in the same room", the share of the segment has been expanded. To further open up the sales volume of Changan CS75 with Butterfly Dance, let it gradually rise to the top. At the same time, the Haval M6, which is the same as the first-generation Haval H6, is also included in the top 10 list through a lower price threshold.

However, in addition to the strong domestic self-owned brand SUV, the list is still dominated by Japanese and German models, but different from the previous German brand Volkswagen compared with last year has appeared obvious sales decline, whether FAW Volkswagen or the sad reminder of SAIC Volkswagen are so, the decline degree is double digits.

On the other hand, Japanese brands further occupy the domestic SUV market share in the market. In addition to Nissan Qijun's decline in sales due to the late stage of product entry and recent public praise decline, it can still maintain stable sales volume through certain profits.

MPV market, even if the overall market scale is not large, but also become the next key layout of many brand manufacturers. Especially in October this year, the MOV market has rarely seen a larger car and SUV market than the market demand, which can further expand the demand of the MPV market.

From the sales volume of single model, the sales volume of low-end or domestic self-owned brand MPV declined obviously, while the sales volume of high-end MPV models increased sharply. Except Buick GL8 maintained a small growth, Honda Alishen and GAC Chuanqi M8 and M6 showed the most obvious growth.

Thanks to the launch of the new Honda Alishen model, in addition to giving more obvious discounts, it also improves the comprehensive strength of the product. By contrast, GAC Honda Odyssey model loses obvious competitiveness. With the launch of the new model, GAC Chuanqi makes the new model more powerful than the high-end MPV model and helps to increase the sales volume of the model.

However, Volkswagen Wei Ran has not yet opened its market effect due to the continuous high terminal discount, which is still lower than that of 2750 vehicles last month, so its subsequent market performance remains to be seen.

In terms of autonomy, although Wuling Hongguang still occupies the first place, its sales volume has dropped significantly by 20.4%, and the downward trend has further expanded. The same BYD Song MAX also experienced a 55% sales decline, becoming the model with the biggest decline trend.

According to the performance of this month's best-selling models, in the environment of obvious market recovery, the strong models are still in a stronger trend, while the weaker models are still declining. However, luxury models that remained strong earlier this year did not appear on the list, reflecting the underperformance of mainstream models in the luxury market this month. After all, in October, the overall trend is stronger environment, luxury market month-on-month also appeared 6% decline.

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