智通财经4月30日电，梅赛德斯-奔驰集团在第一季度财报中表示，在考虑任何额外的关税影响之前集团 和部门的预测将保持不变。然而假设目前实施和宣布的所有关税都生效并保持到今年年底预计会产生重 大影响。 ...

梅赛德斯-奔驰第一季度收入为332亿欧元，低于市场预估的346.65亿欧元。第一季度息税前利润为23亿 欧元。 ...

梅赛德斯-奔驰集团第一季度销售额332.2亿欧元，同比-7.4%，预估343.7亿欧元。 ...

智通财经4月30日电，梅赛德斯-奔驰集团第一季度销售额332.2亿欧元，预估343.7亿欧元；第一季度调 整后EBIT 25.5亿欧元，预估26.6亿欧元。 ...

Economic Overview - Germany's economy has been in stagnation since 2021, with predictions of continued recession through 2025, marking it as potentially the largest crisis since World War II [1][2] - The International Monetary Fund (IMF) forecasts a GDP growth of only 0.3% in 2025, placing Germany at the bottom among major economies [1][2] - The manufacturing sector, particularly the automotive industry, is facing significant challenges, including layoffs and reduced investment [2][10] Manufacturing Sector Challenges - The automotive industry, a key pillar of the German economy, is experiencing a collapse, with Volkswagen announcing a plan to cut 10,000 jobs [2][10] - Manufacturing job vacancy rates have dropped to their lowest since the 2009 financial crisis, indicating a shrinking labor demand [2][4] - The shift towards electric vehicles is hindered by rising costs and competition from Chinese manufacturers, impacting traditional German automotive firms [10][19] Trade and Export Dynamics - Germany's export model is under threat, with a notable decline in exports to China, down 9.7% year-on-year in 2024 [3][4] - The trade surplus with the U.S. has reached a record €65 billion, raising concerns about potential tariffs from the U.S. government [6][19] - The overall trade-to-GDP ratio fell to 90.11% in 2023, a decrease of 9.77% from the previous year, reflecting a downturn in international trade [8][19] Labor Market and Employment - The labor market is showing signs of strain, with job vacancies decreasing by 23% and unemployment expected to rise to 3.5% by the end of 2024 [14][21] - Despite a slight increase in disposable income, consumer confidence remains low, leading to reduced spending and further economic stagnation [13][14] Structural Economic Issues - Germany's reliance on exports and traditional manufacturing is becoming increasingly unsustainable, with a need for diversification and innovation [12][19] - The country faces significant challenges from rising energy costs and geopolitical instability, particularly due to the Russia-Ukraine conflict [9][18] - The economic model has been criticized for its over-reliance on external markets, making it vulnerable to global economic fluctuations [12][19] Policy and Economic Management - The current economic management approach, heavily influenced by neoliberal policies, has been criticized for failing to address underlying structural issues [11][22] - There is a call for increased public investment and a reevaluation of fiscal policies to stimulate domestic demand and economic growth [28][29] - The need for a shift towards a more balanced economic model that prioritizes long-term stability over short-term gains is emphasized [26][29]

Core Viewpoint - The all-new pure electric long-wheelbase CLA, unveiled at the 2025 Shanghai Auto Show, represents the most intelligent Mercedes-Benz vehicle to date, integrating the brand's classic elements with cutting-edge technology in the electric era [1][3][24]. Group 1: Product Design and Features - The design of the new pure electric long-wheelbase CLA merges aesthetic beauty with functionality, showcasing a blend of elegance and avant-garde style [4]. - The vehicle features a revolutionary front face with a fully illuminated grille, marking the first application of this design in a Mercedes-Benz production car [6]. - The car's aerodynamic design achieves a drag coefficient of 0.21, with a sleek silhouette and hidden door handles [8]. - The long wheelbase of 2830 mm and sporty design elements contribute to the vehicle's commanding presence [10][11]. Group 2: Interior and Technology - The interior features a futuristic three-screen layout, creating a digital driving space with a 10.25-inch instrument screen, a 14-inch central display, and a 14-inch passenger display [12]. - The new MB.OS architecture serves as the vehicle's "brain," integrating software and hardware for enhanced functionality and user experience [14]. - The intelligent human-machine interaction system, powered by a sophisticated AI language model, boasts a command recognition accuracy of 97% and a response time of just 0.8 seconds [14]. Group 3: Safety Features - The new CLA incorporates a comprehensive safety system, including over 70 kg of ultra-high-strength hot-formed steel and a high torsional rigidity of 48900 Nm/° [15][18]. - The vehicle features 11 airbags, including a front central airbag, enhancing protection during side collisions [18]. - The multi-level high-voltage safety concept ensures that electronic components do not pose a risk to passengers or emergency responders in the event of an accident [20]. Group 4: Performance and Efficiency - The CLA utilizes an 800-volt electrical architecture, allowing for rapid charging capabilities, with a maximum of 320 kW DC fast charging, adding up to 370 km of range in just 10 minutes [22]. - The vehicle's 85 kWh lithium-ion battery features a 20% increase in weight energy density compared to previous models, enhancing overall efficiency [22]. - Real-world testing indicates a maximum range of 1071 km on a full charge under high-cycle conditions, with a low energy consumption of 8.26 kWh per 100 km [22]. Group 5: Strategic Implications - The launch of the new CLA marks a significant step in Mercedes-Benz's strategy to lead in the electric and intelligent automotive era, emphasizing the brand's commitment to innovation and safety [24].

Core Insights - The 2025 Mercedes-Benz Brand Technology Day showcased cutting-edge technology and innovation in the automotive industry, highlighting the launch of the all-new pure electric long-wheelbase CLA and the Vision V concept vehicle, marking the beginning of a strong product and technology offensive by Mercedes-Benz [1][3][26] Product Launches - The all-new pure electric long-wheelbase CLA, as the first domestic model on the MMA platform, features a length of 4763 mm, width of 1856 mm, height of 1469 mm, and a wheelbase of 2830 mm, which is 40 mm longer than the standard model, providing enhanced comfort for rear passengers [7] - The Vision V concept vehicle, based on the VAN.EA pure electric architecture, aims to redefine the future of luxury MPVs, with a focus on creating a "private VIP lounge" experience [15][18] Technological Advancements - The all-new CLA is equipped with a globally first electric two-speed transmission, achieving a perfect balance between efficiency and power, with a CLTC range of 866 km and a power consumption of only 10.9 kWh per 100 km [9] - The vehicle features the Mercedes-Benz MB.OS architecture, enabling tailored smart technology for Chinese customers, and includes an advanced intelligent driving assistance system powered by NVIDIA Orin X chips [11] - Mercedes-Benz showcased various forward-looking technologies, including an 800V electrical architecture and a new In-drive braking system, which enhances energy recovery and comfort during braking [23][24] Safety and Quality Standards - The all-new CLA adheres to stringent safety standards, undergoing 15,000 simulation tests and over 150 real vehicle crash tests, with a unique feature of 11 airbags, including a front center airbag [12][15] - The vehicle has received a five-star safety certification for electric vehicle fire safety, demonstrating its thermal stability and safety features [15] Future Outlook - Mercedes-Benz plans to deepen its commitment to the Chinese market, aiming to develop products that meet local demands and enhance collaboration with Chinese partners [3][26] - The Vision V concept vehicle is set to launch a new series of electric MPVs starting in 2026, catering to diverse customer needs [16][18]

Core Insights - Mercedes-Benz showcased its latest breakthroughs in electrification, intelligence, and luxury experience at the 2025 Mercedes-Benz Brand Technology Day in Shanghai [1] Group 1: VAN.EA Electric Architecture - The VAN.EA electric architecture platform will officially launch in 2026, marking a significant step for Mercedes-Benz in the luxury MPV and commercial vehicle sectors [2] - The Vision V concept car exemplifies Mercedes-Benz's definition of luxury MPVs, combining comfortable space, intelligent experiences, and exquisite interior design [2] - The modular design of the VAN.EA platform enhances production efficiency and offers diverse options for customers, with flexible adjustments for vehicle size and battery capacity [2] Group 2: Market Strategy and Trends - Mercedes-Benz demonstrates foresight in responding to the global MPV market's trend towards "premiumization and electrification," maintaining a strategic focus while being tactically flexible to meet diverse customer needs [3] - The company plans to introduce more compliant electric MPV models in Europe, where the market is increasingly driven by policy support for new energy vehicles [3] - In North America, despite current reliance on fuel vehicles, Mercedes-Benz is preparing to launch electric products to adapt to future market changes [3] Group 3: Intelligence and Safety - Mercedes-Benz leads the industry in intelligent technology, with all models based on the VAN.EA platform featuring advanced intelligent driving assistance systems and cutting-edge technologies [4] - Safety remains a core value for Mercedes-Benz, with strict adherence to "Mercedes standards" for safety testing across all platforms [4]

Core Insights - Mercedes-Benz showcased its vision for luxury mobility at the 2025 Shanghai International Auto Show, emphasizing "new platforms, new technologies, and new products" to maintain its leadership in the luxury market while catering to Chinese consumers [1][10]. Electric Vehicle Advancements - The all-new pure electric long-wheelbase CLA and Vision V concept cars made their global debut, featuring the self-developed MB.OS architecture and an intelligent driving assistance system, enhancing user interaction [3][5]. - The new CLA boasts an impressive range of 866 kilometers under CLTC conditions, a low energy consumption of 10.9 kWh/100 km, and rapid charging capabilities that can add 370 kilometers of range in just 10 minutes, addressing range anxiety for electric vehicle users [3][5]. - The Vision V concept car aims to create a new luxury MPV segment, combining luxury space with immersive digital experiences, and is expected to have significant market potential both in China and globally [5][11]. Technological Innovations - Mercedes-Benz is set to mass-produce steer-by-wire technology, enhancing steering precision and comfort while reducing chassis vibrations [6][9]. - A new solar coating component can provide an additional range of over 14,000 kilometers annually under Beijing's conditions, showcasing innovative energy solutions [6][7]. - The introduction of neuromorphic computing is expected to significantly improve the energy efficiency of intelligent driving systems, reducing data processing energy consumption by 90% [7][10]. Commitment to the Chinese Market - Mercedes-Benz plans to invest over 14 billion yuan in China, focusing on the production of the new pure electric long-wheelbase CLA, long-wheelbase GLE SUV, and a new luxury pure electric MPV based on the VAN.EA platform [11][13]. - The company has achieved consecutive victories in the luxury segment in China, reinforcing its brand appeal and commitment to local consumer needs [13]. Conclusion - At the 2025 Shanghai Auto Show, Mercedes-Benz illustrated its future vision for luxury mobility through technological breakthroughs and strategic market positioning, demonstrating a deep understanding of Chinese consumer demands and a commitment to innovation [1][10].

Core Insights - The launch of the new long-wheelbase electric CLA marks a significant breakthrough for the Mercedes-Benz brand, showcasing its accelerated electrification strategy and innovative capabilities in the luxury electric vehicle market [2][18] - The vehicle features a remarkable energy conversion efficiency of 93% and a CLTC range of 866 kilometers, setting a new benchmark for energy efficiency in the electric era [2][16] Design and Aesthetics - The new long-wheelbase CLA adopts a fresh design language for the electric digital age while incorporating classic brand elements, achieving a perfect balance between heritage and innovation [5] - The vehicle's lighting system, featuring a distinctive three-pointed star design, enhances its visual impact, especially at night [5] Market Adaptation - The new model has been specifically optimized for the Chinese market, with an extended wheelbase that significantly improves rear passenger space, catering to local consumer preferences for comfort [7] - The inclusion of a front trunk enhances the vehicle's practicality [7] Intelligent Features - The interior of the new CLA features a digital interaction space with three large LCD screens, including a 10.25-inch instrument cluster and a 14.6-inch central touchscreen, providing a high-tech user experience [9] - The vehicle is equipped with the latest MB.OS architecture, supporting AI voice assistants and seamless cloud connectivity, which simplifies user operations [9][11] - The intelligent driving and infotainment functions have been developed by a local team in China, reflecting a commitment to meeting local user needs [11] Powertrain and Efficiency - Built on the dedicated MMA platform, the new CLA features an 800V high-voltage electrical architecture and a silicon carbide inverter, significantly enhancing energy conversion efficiency [14] - The vehicle is equipped with an 85kWh silicon oxide negative electrode lithium-ion battery, which, combined with a multi-source heat pump system, ensures stable performance even in extreme weather [16] - The CLA achieves a CLTC range of 866 kilometers and a power consumption of only 10.9 kWh per 100 kilometers, equivalent to the efficiency of a fuel vehicle [16] Conclusion - The introduction of the new long-wheelbase CLA is a proactive response to industry transformation, emphasizing that "efficiency is currency" in the electric era [18] - The vehicle's outstanding range and charging efficiency redefine the standards for luxury electric vehicles, highlighting the core logic of luxury brand electrification: innovation in efficiency, supported by intelligence and safety, while deeply engaging with local markets [18]