Cui Dongshu: The rise in oil prices has had a significant negative impact on fuel-powered vehicles.

Cui Dongshu stated that 2026 will be a big year, with longer working hours before the Spring Festival, which is beneficial for the export of car models in February. It is in the normal early post-holiday warming period, relatively cold compared to the same period of the year, hence the sales in the first week of March are relatively low and the market performance is relatively stable. The market before the Spring Festival is the peak season for the sales of gasoline cars, so the car market after the Spring Festival in March is relatively stable and sluggish, waiting for the market to become active for new energy vehicles, with signs of recovery in the second week. This year, the prices of raw materials, oil, chips, etc. have risen, and the sword of anti-involution is hanging high, making the operating environment for car companies more complicated. International geopolitical turmoil and uncertain situation have led to an increase in oil prices, having a significant negative impact on gasoline cars. Currently, dealers are under pressure, and the final transaction price is relatively stable, not meeting the expectations of consumers. The overall market enthusiasm in March is gradually recovering. The new energy vehicle market is waiting for new products and a clearer market environment, making it the most difficult time currently.