According to Fangzheng Securities' research report, the auto market is anticipated to maintain its sequential growth trajectory in the fourth quarter. Following a market correction, the current Price-to-Earnings ratio based on trailing twelve months (PE-TTM) has fallen below the 50th percentile of the past five years, and it is projected to continue its upward trend in November and December. This, combined with the anticipated recovery in exports during the fourth quarter and extending into next year, is expected to gradually alleviate the pessimistic outlook for the first quarter of the upcoming year.

It is advisable to keep a close watch on the catch-up potential of low-valuation sub-sectors within the auto industry amid the market's transition from high-growth to steady-growth phases. These include passenger buses, heavy trucks, traditional complete vehicles, and components. Additionally, focus should be placed on leading companies in sub-industries with a significant proportion of overseas sales and robust profitability, as well as companies with stabilized fundamentals that are poised to benefit from external catalysts.