Investment Rating - The report maintains a positive outlook for the automotive industry, with an optimistic sales forecast for the year, expecting a retail growth rate of 5.2% and a wholesale growth rate of 8.4% [2]. Core Insights - The automotive industry experienced a recovery in sales in May, with expectations for continued strong performance driven by economic stability, policy support, and new vehicle launches. Notably, demand for high-end brands priced above 200,000 yuan is anticipated to rebound, with a forecasted wholesale growth rate of 31% for new energy passenger vehicles, providing a solid foundation for the performance of both vehicle manufacturers and parts suppliers [2][6]. Data Tracking - In April, wholesale sales of passenger vehicles reached 2.22 million units, showing a year-on-year increase of 11.0% but a month-on-month decrease of 10.0%. The export volume for passenger vehicles was 430,000 units, reflecting a year-on-year growth of 0.4% and a month-on-month increase of 5.0% [4]. - New energy vehicle sales in April were particularly strong, with BYD delivering 380,000 units (up 21% year-on-year), and other new players like Leap Motor and Xpeng showing significant growth [4][21]. - The average discount rate in early May was 7.2%, slightly down from the previous month, with an average discount amount of 10,613 yuan [4]. Market Performance - The automotive sector saw a weekly increase of 2.71%, ranking first among 29 sectors. The performance of the automotive index outpaced other indices, with the passenger vehicle segment rising by 3.90% [9][31].

全财年的设想汇率为1美元兑135日元，相较于上财年的实际汇率有所升值。包括其他货币在内的汇率因 素将导致利润减少4520亿日元。尽管通过车型结构和数量的变化能够支撑利润，但仍无法完全弥补。 销售额预计减少6%至20.3万亿日元。四轮车在2025财年的全球销量预计减少3%至362万辆。年度分红为 70日元，比上财年的68日元增加2日元。 本田2024财年净利润减少25%至8358亿日元，受到了中国业务低迷的影响。预计2025财年的净利润将减 少70%，降至2500亿日元。美国特朗普政府对进口车的关税政策与日元升值将成为拖累…… 本田5月13日发布业绩预期，预计2025财年（截至2026年3月）的合并净利润（国际会计准则）将比上财 年减少70%，降至2500亿日元。美国特朗普政府对进口车的关税政策与日元升值将成为拖累。 预计营业利润将同比减少59%至5000亿日元。关于加征关税对业绩的影响，预计营业利润将被拉低6500 亿日元。 关于影响金额，从加拿大、墨西哥及其他国家进口的总计55万辆整车预计为3000亿日元，四轮车的零部 件和原材料预计为2200亿日元，二轮车等预计为1300亿日元。 日经中文网 https: ...

| וש | 小米汽车 | 1675.22 | + -13.17 | 6.4 | | --- | --- | --- | --- | --- | | (BHD) | 比亚迪 | 1648.52 | ↑ +38.17 | 53.59 | | 法拉利 | | 881.73 | + -1.5 | 494.79 | | () 大众汽车 | | 587.63 | 1 +3.68 | 116.34 | | (1) | 梅赛德斯奔驰 | 574.48 | + -4.98 | 59.66 | | 宝马汽车 | 538.43 | V -32.79 | 86.95 | | --- | --- | --- | --- | | 通用汽车 | 483.7 | + -1.85 | 50.12 | | 保时捷 | 481.23 | + -6.24 | 52.82 | | MS 玛鲁蒂铃木 | 476.85 | 1 +10.4 | 151.67 | | 马恒达汽车 | 441.67 | 1 +5.97 | 36.82 | | 福特汽车 | 423.5 | 1 +3.94 | 10.75 | | 本田汽车 I | 409.62 | + -8. ...

Honda (HMC) reported earnings of 18 cents per share for fourth-quarter fiscal 2025, missing the Zacks Consensus Estimate of 72 cents. The bottom line also declined from the year-ago profit of 99 cents per share. Quarterly revenues totaled $35.1 billion, lagging the Zacks Consensus Estimate of $35.6 billion as well as the year-ago period figure of $36.5 billion.HMC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Segmental Highlights Fo ...

Honda Motor Co., Ltd. (NYSE: HMC ) just posted its earnings for the fiscal year ending March 2025, and while the top-line growth held up well, the real story is in the details. The companyI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creating investment content. I acti ...

The Zacks Automotive – Foreign industry is expected to remain resilient on the solid growth momentum of Chinese auto players. Japan’s growing economy opens new doors of opportunity for local auto manufacturers, while a difficult and uncertain global economic environment in Europe is likely to clip the margins of European automakers. Amid the current economic backdrop, Toyota Motor Corporation (TM) , Honda Motor Co., Ltd. ((HMC) are expected to live up to the investors’ expectations.Industry Overview Compani ...

智通财经5月15日电，日产汽车首席执行官Ivan Espinosa表示，在考虑与其他公司合作之前，该公司正 专注于通过提高流动性来帮助自己。今年早些时候，日产试图与规模更大的日本同行本田汽车合并，但 以失败告终。 日产汽车CEO：在寻求合作伙伴之前需自救 ...

加拿大财政部长：本田汽车仍然非常致力于加拿大的电动车计划。 ...

（图片来源：摄图网） 5月12日，日本三大车商4月在华新车销量全部出炉。其中，丰田汽车4月在华新车销量比上年同期增加 20.8%，达到142,800辆，且连续3个月同比上升。增长主要得益于丰田在新能源领域的布局，特别是混合动 力车(HV)和纯电动汽车(EV)的销量增长。 然而，与丰田形成鲜明对比的是，本田和日产汽车却深陷销量下滑的泥沼。本田4月在华销量减少40.8%， 降至43,689辆;日产减少15.7%，为46,295辆，且本田销量连续15个月、日产销量连续13个月同比下滑。 近日，日产汽车正计划裁减1.1万人，加上之前的9000人，这一轮裁员风波将使日产裁掉2万人，占员工总数 的15%。不仅如此，日产还宣布将关闭三家工厂。前CEO内田诚承认，日产如今的困境与管理层做了不少错 误决策有关，其中错判电动化节奏便是关键因素之一。 日产2010年就推出了全球首款量产纯电动车聆风，堪称起了个大早。但当电动化热潮席卷全球，特斯拉 Model 3横扫市场时，日产却因在电动化和智能化研发投入上举棋不定，错失了发展良机。 2023年，全球新能源汽车行业市场规模达到了5052.67亿美元，近五年复合增速高达35.41%。 ...

金十图示：2025年05月14日（周三）全球汽车制造商市值变化 | 梅풍德斯奔驰 | 0 581.17 | + +11.62 | 60.36 | | --- | --- | --- | --- | | 保时捷 | 485.54 | 1 +5.33 | 54.1 | | 通用汽车 | 485.14 | 1 +8.16 | 50.46 | | MS 玛鲁蒂铃木 | 466.47 | 1 -5 | 146.79 | | 马恒达汽车 | 430.79 | + -7.18 | 35.91 | | 福特汽车 | 421.51 | 1 +1.97 | 10.6 | | 本田汽车 11-0 | 417.53 | + -18.31 | 29.63 | | 19 现代汽车 | 348.75 | 1 +3.35 | 51.9 | | 斯特兰蒂斯 | 315.7 | ↑ +14.11 | 10.96 | | 塔塔汽车 | 306.39 | + -5.68 | 8.32 | | 理想汽车 | 290 | -4.36 | 27.96 | | 赛力斯 | 289.64 | ↑ +1.07 | 17.73 | | (SAIC) 上汽集团 | ...