Deng Chenghao, vice president of Changan Automobile, made a prediction on the automobile market next year.

Deng Chenghao, vice president of Changan Automobile and CEO of DeepBlue Automobile, said in an interview with the First Financial reporter recently that the price war in the automobile market is expected to be more intense next year. He believes that it will be very dangerous for companies to lose their basic health, and automobile companies need to maintain a gross profit of 15% to survive. In October this year, DeepBlue Automobile sold 27,862 vehicles, a month-on-month increase of 122.69% and a year-on-year increase of 79.6%. In the first 10 months of this year, DeepBlue Automobile delivered a total of 179,371 vehicles, a year-on-year increase of 75.1%. Deng Chenghao pointed out that one of the prominent changes in the sales pattern of the automobile market in recent months is that the sales scale and growth rate of new energy brands born from traditional car companies generally exceed those of new car companies.