1. Shenzhen's Car Replacement Subsidy Policy Officially Terminates

The Shenzhen Municipal Bureau of Commerce announced that, due to the 2025 car replacement subsidy reaching its budget ceiling, subsidy eligibility will cease on October 28. Since its implementation, this policy has effectively stimulated local auto consumption, but the premature depletion of funds has led to its early termination.

2. Smart 5 EHD Hybrid Launches Today

The smart 5 EHD hybrid, jointly developed by Mercedes-Benz and Geely, officially launched on October 28. Equipped with the Thor electric hybrid system, the new car combines Mercedes-Benz design with high-efficiency hybrid technology, targeting young consumers with a possible starting price of 250,000 yuan.

3. Alpha T5 Redesigned for the Year Launched

BAIC New Energy's Alpha T5 mid-size SUV has undergone its second annual redesign, launching the 2026 model today with a pre-sale price range of 123,800 to 162,800 yuan. The new car features further improvements in range and intelligent features, significantly enhancing its competitiveness.

4. Pre-sales for the Deep Blue L06 mid-size smart coupe begin.

Changan Automobile's Deep Blue brand announced that pre-sales for the Deep Blue L06 mid-size smart coupe will begin on October 30th. Equipped with Huawei's Qiankun Intelligent Driving System, the new car boasts a pure electric range exceeding 200km and is expected to be priced between 180,000 and 250,000 yuan.

5. BYD's "Eye of the Gods" Intelligent Driving System Launches Nationwide

BYD announced that its advanced intelligent driving system, "Eye of the Gods," featuring map-free City Navigation (CNOA), is now available nationwide. The system supports autonomous driving on highways and in complex urban conditions, and is compatible with several BYD models.

6. Cadillac Launches the New CT6 Magnetic Levitation Chassis Edition

The all-new Cadillac CT6, equipped with MRC 4.0 magnetic levitation chassis technology, has officially launched, with a starting price of 289,900 yuan for full payment. Equipped with million-yuan-level chassis hardware, the new car focuses on luxury and handling performance, directly competing with the BMW 5 Series and Mercedes-Benz E-Class.

7. The Denza D9 sets a new benchmark for MPVs.

BYD's Denza brand announced the official launch of the 2025 Denza D9 MPV, with a starting price of 339,800 yuan. The new model features comprehensive upgrades in terms of space, comfort, and intelligent features, further solidifying its position in the high-end MPV market.

8. GAC Group's September sales surpassed 170,000 units.

GAC Group released data showing September sales reaching 173,000 units, a 27.6% month-over-month increase. From January to September, the Group exported a total of 92,000 vehicles, of which over 85,000 were domestically produced brands, a year-over-year increase of 16.5%.

9. Great Wall Motor's Q3 revenue reached a record high.

Great Wall Motor released its third-quarter financial report, reporting revenue of 61.247 billion yuan, a year-on-year increase of 20.51% and a month-over-month increase of 17.07%, achieving its best Q3 performance in history. Its Tank and Haval brands continued to lead in sales.

10. Ministry of Public Security Launches "One-Stop" New Car Registration

The Ministry of Public Security announced that, starting November 1st, a nationwide "One-Stop" service for new domestic passenger cars will be implemented. After purchasing a vehicle, customers can complete the entire process digitally by sharing tax, insurance, and other information online, without having to visit the vehicle management office.