12月5日，本田发布2025年11月在中国的终端汽车销量为50,840辆，2025年1～11月本田在中国的终端汽 车累计销量为578,580辆。 12月5日，本田发布2025年11月在中国的终端汽车销量为50,840辆，2025年1～11月本田在中国的终端汽 车累计销量为578,580辆。 ...

Core Viewpoint - President Trump has expressed interest in promoting the production of small cars in the U.S., inspired by his observations during his visit to Japan and South Korea, where he noted the popularity of compact vehicles like the Volkswagen Beetle [2][3][5]. Group 1: Small Car Production - Trump has instructed U.S. Transportation Secretary Chao to approve the production of small cars, indicating a positive reception from those he consulted about their potential popularity in the U.S. market [5]. - The specific type of small cars mentioned by Trump remains unclear, as he did not specify whether he was referring to compact cars or Japan's kei cars [6]. - Honda's N-BOX, a well-known kei car, was highlighted by Trump, who noted that despite its success, it has not been approved for production in the U.S. [6]. Group 2: Market Potential - Trump emphasized the importance of affordability in the automotive market, suggesting that the removal of certain tariffs on food is an example of this focus [6]. - He stated that if small, affordable cars become more prevalent, it could represent a significant market opportunity for consumers [6].

Core Viewpoint - Honda and Suzuki are significantly increasing imports of vehicles from India to Japan, driven by lower labor costs and changing production strategies in the automotive industry [2][4]. Group 1: Import Trends - The sales of "reverse imports" (vehicles imported back to Japan) are projected to reach their highest level in 30 years by 2025, with a year-on-year increase of 19% in the first 11 months of 2025, totaling 102,332 units [2]. - Honda plans to import the Indian-made SUV "WR-V" starting in 2024, with reverse imports expected to reach 35,043 units in the same period [5]. - Suzuki will begin importing the Indian-made SUV "Fronx" in October 2024, with reverse imports increasing ninefold compared to the same period in 2023, reaching 39,009 units [7]. Group 2: Cost Competitiveness - Labor costs in India are significantly lower, with average monthly wages for factory workers in New Delhi at 37,583 rupees (approximately 2,958 RMB), compared to 295,849 yen (approximately 13,500 RMB) in Tokyo, making Indian production about one-fifth the cost of Japan [7]. - The depreciation of the yen has not deterred the increase in reverse imports, as the cost competitiveness of Indian manufacturing remains strong [4][8]. Group 3: Market Dynamics - India is projected to become the third-largest automotive market in the world by 2024, with sales expected to reach 5.22 million units, surpassing Japan's 4.42 million units [7]. - Japan's automotive sales are expected to decline for six consecutive years, falling below 5 million units by 2025 due to a decreasing population [8]. - The Japanese government is considering simplifying certification procedures for U.S. vehicles to increase imports from the U.S. following tariff negotiations [8].

IT之家 12 月 4 日消息，1984 年，本田与宾尼法利纳携手打造了 HP-X，这台中置跑车最终进化为传奇的 NSX。四十多年后的今天，宾尼法利纳与意大利 JAS Motorsport 再度合作，对 NSX 进行崭新演绎。 当地时间 12 月 3 日，据外媒 Carscoops 报道，这台"新车"的首批预告图现已公布。 宾尼法利纳强调，新车定位公路使用，而非极度轻量化的赛道机器。动力部分，新车将搭载强化调校的本田 V6，输出必然超过 1990 年初代车型的 201 kW。新车配备六速手动变速箱，并提供左右舵版本，产量与定价 尚未公布。 宾尼法利纳计划在 2026 年上半年正式发布该车。IT之家从报道中获悉，明年对 NSX 粉丝来说注定热闹非 凡，因为另一家设计工作室 ——Italdesign 同样开始预告自己的 NSX"重制版"，还加入了 NSX-R GT 式样的车顶进气口。 IT之家 12 月 4 日消息，1984 年，本田与宾尼法利纳携手打造了 HP-X，这台中置跑车最终进化为传奇的 NSX。四十多年后的今天，宾尼法利纳与意大利 JAS Motorsport 再度合作，对 NSX 进行崭新演绎。 BA ...

中国在人形机器人的开发方面领先（2月，上海市内） 瑞萨电子等加入了早稻田大学成立的开发组织，全部13家参与成员将合作推进开发，力争2027年量产人 形机器人。在人形机器人领域，中国领先，日本的研究机构大多采购中国产品和零件…… 电子零部件和半导体等领域的日本企业将合作推动人形机器人的量产。瑞萨电子等新加入了早稻田大学 和村田制作所成立的机器人开发合作组织。全部13家参与成员将合作推进开发，目标是在2027年内实现 量产。在人形机器人方面，中国企业处于领先地位，日本企业也将集中技术力争卷土重来。 企业方面也打算通过参与联合开发为将来的技术创新做准备。村田制作所的社长中岛规巨表示，"人形 机器人将在早期阶段取代必需工人（Essential Worker），或应用于防卫产业"，还表示"即使是接近人类 这样非常高的难度，也希望能在技术上应对"。 美国摩根士丹利预测称，2050年人形机器人的年销售额将扩大到5万亿美元规模。预计2025年达到30亿 美元。在劳动力短缺的背景下，机器人代替劳动力备受期待。 如果机器人能达到不亚于人类的工作水平，就不需要专门为机器人改造设施等支出额外费用。机器人可 以直接使用人类的工具，预计 ...

Core Insights - The global automotive industry is facing significant challenges due to tariff impacts, transformation pains, and market differentiation, leading to a reshuffling of performance rankings among major multinational car manufacturers [1] Toyota - Net profit reached $6 billion, a year-on-year increase of 62% [2][6] - Operating profit decreased by 18.6% to 2 trillion yen due to a 25% tariff on U.S. imports, with a significant cost increase of 900 billion yen [2][3] - Retail sales in China for Toyota and Lexus brands grew by 1.8% to 464,000 units [3] Ford - Net profit was $2.4 billion, a year-on-year increase of 174% [5][6] - Revenue for the third quarter reached $50.5 billion, a historical high, with a 9.3% year-on-year growth [7] - Ford's adjusted EBIT for the year is now expected to be between $6 billion and $6.5 billion, down from previous estimates [7][8] BMW - Net profit was $2 billion, a year-on-year increase of 257% [9][6] - Revenue for the third quarter was €32.314 billion, a slight decrease of 0.3% [9] - The company faced a 1.8 percentage point reduction in profit margins due to tariffs [10] Hyundai - Net profit was $1.7 billion, a year-on-year decrease of 20.5% [12][6] - Revenue reached 46.7 trillion won, an 8.8% year-on-year increase [13] - The company plans to launch a new hybrid SUV in the U.S. and increase production capacity [14] Mercedes-Benz - Net profit was $1.4 billion, a year-on-year decrease of 31% [16][6] - Revenue fell by 7% to €32.147 billion [17] - The company is implementing a restructuring plan aimed at saving €5 billion by 2027 [17] General Motors - Net profit was $1.3 billion, a year-on-year decrease of 57% [19][6] - Revenue for the third quarter was $48.59 billion, a slight decline of 0.34% [19] - The company has raised its full-year earnings forecast based on strong performance in both the U.S. and Chinese markets [19] Honda - Net profit was $780 million, a year-on-year increase of 16.5% [20][6] - Operating profit dropped by 41% to 438.1 billion yen [21] - The company has revised its profit expectations downward for the fiscal year [21] Nissan - Net loss was $700 million, a year-on-year decrease of 1042% [22][6] - Revenue for the first half of the fiscal year was 55.787 trillion yen, a 6.8% decline [23] - The company is undergoing a restructuring plan to cut costs and improve profitability [23][24] Volkswagen Group - Net loss was $1.2 billion, a year-on-year decrease of 169% [25][6] - Revenue for the third quarter was €80.3 billion, a 2.3% increase [25] - The group is facing significant challenges due to tariffs and restructuring costs [27] Stellantis - Net revenue for the third quarter was €37.2 billion, a year-on-year increase of 13% [28] - The company plans to invest $13 billion in the U.S. over the next four years [28] - Stellantis is gradually recovering under new leadership, focusing resources on the North American market [29]

Group 1: Automotive Industry - Mitsubishi Motors, Nissan, and Honda are exploring a joint production initiative in the U.S. to standardize in-vehicle software and enhance competitiveness in the electric vehicle market against rivals like Tesla and Chinese manufacturers [2] - This collaboration could lead to an automotive group with combined annual sales exceeding 8 million vehicles, leveraging Nissan's existing 34% stake in Mitsubishi [2] Group 2: Commodity Markets - Copper prices have retreated from record highs, closing at $11,145 per tonne, due to weakened demand from China's winter slowdown and increased export availability [3] - Despite the recent decline, analysts forecast that average copper prices could remain strong, potentially reaching up to $12,000 by 2026 [3] Group 3: Economic Policy and Political Landscape - Former President Donald Trump announced the introduction of "Trump accounts," which will provide a $1,000 government contribution for children born between January 1, 2025, and December 31, 2028, with a $6.25 billion pledge from billionaires Michael and Susan Dell for additional eligible children [4] - The Trump administration is threatening "snap cuts" to SNAP food aid for Democrat-controlled states that do not provide requested data, citing fraud concerns [5] - Speculation around Harvey Hassett as a potential Federal Reserve Chair has increased following his introduction by Trump, indicating a preference for a leader aligned with lower interest rates [6]

Core Viewpoint - Honda is significantly impacted by the supply halt from Nexperia, leading to a projected 14% decline in global sales in the second half of the year, dropping to 1.66 million units, and a fall in ranking among Japanese automakers from second to fourth place [2][4][5]. Group 1: Sales Impact and Rankings - Honda's global sales for the second half of the year are expected to reach a new low since the Lehman crisis in 2008, with a total of 1.62 million units [5]. - Suzuki's sales have increased by 8% to 1.8 million units, allowing it to rise to the second position, marking Honda's first time out of the top three in the second half since 2005 [6][8]. - The long-standing dominance of Toyota, Nissan, and Honda is beginning to dissolve, with Suzuki capitalizing on growth in the Indian market despite competition [8]. Group 2: Production Adjustments - Due to semiconductor shortages, Honda's North American sales are expected to decrease by 110,000 units from initial forecasts, with production adjustments starting from late October [4]. - Production in Mexico was resumed on November 19, with gradual recovery in Canada and the U.S. starting from November 24 [5]. - Honda is considering measures such as holiday production in North America to boost sales and mitigate the impact of semiconductor shortages [6]. Group 3: Financial Implications - The semiconductor shortage is projected to reduce Honda's operating profit by 150 billion yen, with an expected annual profit decline of 55% to 550 billion yen [6]. - The company is exploring ways to reduce reliance on Nexperia to mitigate future semiconductor risks [6].

Core Viewpoint - The article discusses the decline of Honda Fit (飞度) in the Chinese automotive market, highlighting its once-popular status and current struggles against the rise of electric vehicles and changing consumer preferences [5][12]. Group 1: Market Performance - In October, Honda Fit ranked third in the fuel small car market, but the sales figures were disappointing, with only 3 units sold that month [5][7]. - The sales of Honda Fit have been declining for over a year, with only 695 units sold in October of the previous year, which is just 1/74 of the sales of BYD Seagull [7]. - The brand is reportedly in a phase of inventory clearance and awaiting the launch of a new model, with no confirmed release date [7][13]. Group 2: Historical Context - Honda Fit was once a market leader in China, known for its fuel efficiency, spaciousness, and affordability, with sales exceeding 100,000 units annually from 2015 to 2019 [9]. - The car's three-year resale value remains high at 63.95%, significantly above competitors, particularly in cities like Guangzhou and Shenzhen where it approaches 70% [9]. Group 3: Cultural Significance - Honda Fit represented a cultural phenomenon in the automotive world, known for its practicality and adaptability for modifications, appealing to a generation of car enthusiasts [10]. - The car's design allowed for extensive customization, fostering a robust aftermarket industry that supported various modifications [10]. Group 4: Competitive Landscape - The rise of electric vehicles has diminished Honda Fit's competitive edge, as electric models offer superior cost efficiency and advanced technology features that Fit lacks [12]. - The starting price of Honda Fit at 86,800 yuan does not provide a competitive advantage, especially when compared to newer models with better technology [12][13]. Group 5: Future Outlook - Despite attempts to revitalize the brand with a new design, market feedback suggests that the changes may not be sufficient to regain consumer interest [13]. - The article concludes that Honda Fit may have fulfilled its historical role in the market and is at risk of becoming obsolete in the face of evolving consumer demands and the dominance of domestic electric vehicles [12][13].

Core Viewpoint - The article discusses the evolving landscape of the Chinese automotive market, particularly focusing on the challenges and strategies of joint venture (JV) car manufacturers in the context of increasing competition from domestic brands and the shift towards electric vehicles (EVs) [1][11]. Group 1: Market Dynamics - The upcoming Guangzhou Auto Show is set against a backdrop of local purchase subsidies and confirmed tax exemptions for vehicle purchases, raising concerns about the future of the car market [1]. - Joint venture car manufacturers, once dominant, are now facing significant pressure as they adapt to the rapidly changing market, particularly in the electric vehicle sector [3][11]. - The competitive landscape is characterized by a price war and a shift in consumer expectations, with a growing demand for vehicles that meet local needs rather than relying on brand prestige [8][9]. Group 2: Joint Venture Strategies - Joint ventures are increasingly adopting a more humble approach, learning from local consumer preferences to enhance their product offerings [3][4]. - The launch of models like the GAC Toyota's Platinum 3X and Nissan's N7 signifies a renewed commitment to align with Chinese consumer demands, showcasing a shift in strategy [6][11]. - The need for deep localization in production, R&D, and decision-making processes is emphasized as essential for joint ventures to remain competitive in the Chinese market [11][13]. Group 3: Future Outlook - The article predicts that by 2026, joint ventures will need to abandon the notion of brand premium and focus on product quality and local relevance to survive [8][13]. - The integration of local technology partners, such as Huawei and CATL, is seen as a crucial step for joint ventures to enhance their technological capabilities and meet market demands [11][13]. - The overall message is that joint ventures must embrace a strategy of "in China, for China" to rebuild their competitive edge in the evolving automotive landscape [11][13].