The invention discloses a suspension type automobile speed reducing device. The suspension type automobile speed reducing device comprises a road trough, a speed reducing block, winders and knitted belts, wherein the road trough is in a strip shape and is transversely arranged on the surface of a road in sinking mode, the plurality of winders are fixedly arranged on the inner side surface of the road trough, and the opposite winders on the two sides inside the road trough are connected through the knitted belts; the speed reducing block is arranged on the upper surfaces of the knitted belts in an erecting mode, the speed reducing block is of a cavity structure, the lower half part of the speed reducing block is in a long-strip square shape, and the upper half part of the speed reducing block is in an isosceles trapezoid shape; and the properties of the fast-speed rigidity and the slow-speed flexibility of the automobile safety belt winder structure are utilized, when an automobile slowly passes through the speed reducing device, the weight of the automobile presses the speed reducing block downwards into the road trough, the automobile passes through the speed reducing device stably, when the automobile rapidly passes through the speed reducing device, the winders are self-locked, the knitted belts cannot be pulled out of the winders, so that the speed reducing block is kept in a state exposed out of the ground, and a warning of bumping is given to the running automobile. The suspension type automobile speed reducing device completely utilizes the mechanical structure, is good in stability and firm and durable, so that the speed reducing device can be more humanized, the bumping to the automobile is reduced, and the normal speed reducing of the automobile can be ensured as well.