According to CoinMeta, data from the Passenger Car Association shows that there were 21 working days in November, which is the same as last year, but two more days than in October. Therefore, the effective production and sales time in November was longer. November is a period of significant fluctuations in the car market, with both the external economic environment and seasonal demand having a combined impact on it. Historically, the car market tends to be weaker in November. With more effective production and sales time compared to October, the colder weather and the return of migrant workers to their hometowns have led to an increase in car purchases in rural markets. There are structural opportunities for new energy vehicles and mid-to-low-end fuel vehicles. November is a reasonable time to proactively build up inventory: demand is relatively high at the end of the year, and consumers have a higher demand for available cars in stock, so it is necessary to prepare inventory in advance. The current constraints lie in the lack of confidence among dealers; some dealers are looking for opportunities to withdraw, weakening the function of the distribution channels as a buffer. The pressure to reduce inventory in the market at the end of the year remains high.