此间媒体和专家表示，关税导致车商业绩下滑的同时，根据日方在日美贸易谈判中的承诺，不少日本企 业还要承担对美投资。这不仅会拖累车商的表现，也会削弱企业在日本国内的投资动能，累及日本经 济。 分析人士表示，美国政府今年4月起对进口汽车加征25%的关税，严重冲击倚重美国市场的日本汽车 业。不少车商为了保住市场份额暂缓提价，导致成本大幅上升、利润显著下降。 （文章来源：新华网） 日本多家主要汽车制造商近日发布的本财年上半年（2025年4月至9月）财报显示，受美国对进口汽车加 征关税影响，业绩集体下滑。《日本经济新闻》估计，加征关税给日本七大车商造成总计1.5万亿日元 （1美元约合154日元）的损失。 全球最大车商丰田上半财年营业额同比增长5.8%，但营业利润同比下降18.6%。在北美市场，因成本与 销售费用增加，丰田营业利润出现亏损，为2008年国际金融危机以来首次。丰田预计，本财年公司营业 额将增长2%，但营业利润和净利润将分别下降29.1%和38.5%，加征关税将导致当年营业利润减收1.45 万亿日元。 日本七大车商包括丰田、本田、日产、马自达、三菱汽车、斯巴鲁和铃木，其中日产、马自达、三菱汽 车上半财年亏损。 ...

关注 「电动车公社」 和我们一起重新思考汽车 以下是上周新能源圈的新闻： 新车上 市： 新款比亚迪夏上市，售价20.68-26.98万元； 新款马自达EZ-6上市，售价11.98-16.28万元； 新款极氪X上市，售价15.58-17.58万元； 奔驰纯电CLA上市，售价24.9-28.56万元； 新款坦克400插混版上市，售价24.98-31.98万元； 特斯拉Model Y长续航后轮驱动版上市，售价28.58万元； 智己LS9开启预售，预售价34.69-37.69万元； 埃安i60开启预售，预售价11.98-12.68万元； 新款享界S9开启预售，预售价31.8-37.8万元； 小鹏X9增程版开启预售，预售价35-37万元； 零跑Lafa5开启预售，预售价10.58-13.18万元； 公司动态： 吉利收购雷诺巴西公司股份； 小鹏发布第二代VLA大模型及自研量产Robotaxi； 大众宣布与地平线联手自研芯片，3-5年内量产交付； 日产45亿元出售总部大楼； 国内新闻： 我国组合驾驶辅助技术水平显著提升； 1、 新款比亚迪夏上市 售价20.68-26.98万元 11月4日，新款比亚迪夏上市。新车共推出4款车 ...

Domestic News - Guangdong government offers one-time subsidies for personal consumers purchasing new energy passenger vehicles during the "Yue Enjoy Warm Winter" consumption season from November 2025 to March 2026 [6] - Geely and Renault Group sign a strategic cooperation agreement in Brazil, with Geely acquiring 26.4% of Renault Brazil, enhancing market access for electric vehicles in Latin America [7] - GAC Toyota launches new policies to address battery degradation, promising quick battery testing and replacement services, and sets high standards for battery performance [8] - Lynk & Co introduces a cross-year purchase tax subsidy plan, offering up to 15,000 yuan for customers affected by delivery delays [9][10] - Audi E5 Sportback announces a similar cross-year purchase tax subsidy plan, providing up to 15,000 yuan for delayed deliveries [11] - Autohome launches a new e-commerce platform, integrating various automotive services and addressing transparency issues in the car buying process [12] - BMW's geothermal energy project in China becomes operational, expected to reduce carbon emissions by 18,000 tons annually [13] - Amap announces the international version of AutoSDK, supporting navigation services for Chinese car brands in over 170 countries [14][15] International News - Japan aims to deploy 10,000 L4 autonomous vehicles by the fiscal year 2030, marking a significant push for advanced automotive technology [16] - Hyundai plans to establish a clean mobility hub in Malaysia, focusing on renewable energy projects [17] - Mazda showcases a new technology that can recycle up to 20% of vehicle emissions, aiming for net negative carbon emissions [18] - Honda announces plans to produce a new electric SUV in India by 2027, targeting cost competitiveness in the global market [20] Commercial Vehicles - Jiangsu Province's innovation center for new energy commercial vehicle power and control systems receives approval, focusing on key technological advancements [21] - A new 4MW ultra-fast charging solution is launched, enabling heavy trucks to charge in just 10 minutes, achieving "oil-electric same speed" [22] - Chery Commercial Vehicle's Zero Meter light truck achieves the highest market share in Shanghai [23] - Kaiwo Group and Hyundai unveil the first 8.5-meter hydrogen fuel cell bus, marking a significant step in zero-carbon transportation [24]

Industry Information - The term "semi-solid battery" is proposed to be renamed as "solid-liquid battery" to avoid confusion with solid-state batteries, which are seen as the future direction due to their higher safety, energy density, lifespan, and faster charging capabilities [9] - Shanghai's Haitong International Automobile Terminal has achieved a record high automobile export volume of 1.109 million units in the first three quarters of this year [10] - The commercial insurance premium income for new energy vehicles exceeded 100 billion yuan, reaching 108.79 billion yuan, with a year-on-year growth of 36.6% [11] - Anhui province ranked first in the country with an automobile production of 2.4044 million units in the first three quarters, significantly outpacing Guangdong [12] - The profit of the automobile manufacturing industry increased by 3.4% year-on-year from January to September [13] - The establishment of 10 measurement talent training centers has been approved, including those focused on new energy vehicles [13] - Huawei's HarmonyOS has delivered over 1 million units in just 43 months [13] - A new project for producing 1.6 million sets of chassis components has officially commenced [13] - The first automotive chip standard verification platform in China has been put into operation [16] - The demand for energy storage has significantly boosted the performance of the lithium battery industry in the third quarter [21] Policy Information - The National Energy Administration has released several important standards related to electric vehicle charging infrastructure [26] - Shenzhen's vehicle replacement subsidy policy will cease after October 28, 2025, due to budget constraints [30] - Guizhou province has implemented a management plan for electric vehicle charging infrastructure construction [30] - The Ministry of Industry and Information Technology is promoting the development of green industries, including new energy vehicles [20] Company Information - Seres Group plans to go public in Hong Kong with a maximum issue price of 131.50 HKD per share, aiming for a total issuance scale of approximately 17 billion USD [43] - Nio has achieved over 90 million battery swaps, with an average daily swap volume exceeding 100,000 [43] - Xpeng Motors has entered the Baltic states and Cambodia markets [43] - BYD's new car registrations in Europe increased nearly fourfold in September [43] - The establishment of Zhejiang Li Auto Battery Co., Ltd. has been completed with a registered capital of 70 million yuan [24]

Fort Worth Dealership, Hiley Mazda, Announces Arrival of 2026 Mazda Model LineupHiley Mazda has announced the arrival of the 2026 Mazda vehicle lineup, now available at its Fort Worth dealership, reflecting the company's alignment with Mazda's national rollout schedule.October 28, 2025 5:57 PM EDT | Source: GetFeaturedFort Worth, Texas--(Newsfile Corp. - October 28, 2025) - Hiley Mazda has announced that the latest 2026 Mazda vehicles are now available at its Fort Worth dealership. This invent ...

Core Insights - The 2025 Japan Mobility Show, taking place from October 29 to November 9, represents a significant shift in the Japanese automotive market, focusing on electric vehicle (EV) transformation and consumer demand changes [1][12] - Japanese automakers, including Toyota and Honda, are accelerating their transition towards electric and hybrid vehicles in response to competition from companies like BYD and Tesla [1][12] Group 1: Toyota's Strategy - Toyota will showcase its electric product concepts, including a new Corolla replacement model available in both pure electric and hybrid versions, aligning with its European strategy [3][4] - Lexus plans to unveil a new ES sedan and a six-wheeled LS concept car, indicating a commitment to both electric and luxury segments [3][4] - Toyota is also developing a new independent ultra-luxury brand to compete with Rolls-Royce and Bentley, alongside introducing a new coupe concept under its "Century" series [4] Group 2: Honda's Focus - Honda will present two new electric concept cars, including the third model of its next-generation 0 series electric vehicles, emphasizing small and easy-to-handle electric cars [6][12] Group 3: Nissan's Approach - Nissan will focus on mass production vehicles, introducing the new Elgrand with third-generation e-POWER technology and an upgraded Ariya electric crossover [9][12] - The company aims to showcase its commitment to electrification through various global electric models, including the third-generation Leaf and models developed in collaboration with the Chinese market [9] Group 4: Mazda's Innovations - Mazda will display two concept cars that represent its future design direction and next-generation power systems, including efforts in carbon-neutral fuel and carbon capture technology [11][12] Group 5: Market Trends - Data from JATO Dynamics indicates that the share of pure internal combustion engine vehicles in Japan has fallen below 50% for the first time in 2023, with projections showing a further decline to 42.3% in 2024 [12][15] - The market for hybrid vehicles has stabilized at a penetration rate of 33.8% in the first half of 2025, while pure electric vehicles remain at a low 1.3% [12][15] - The growth in the light vehicle segment is driving the increase in pure electric models, with Japanese consumers showing a willingness to adopt electric products if quality and quantity improve [15] Group 6: Competitive Landscape - BYD plans to introduce a dedicated micro electric vehicle for the Japanese market, indicating its strategy to compete in the unique microcar segment [17] - Hyundai and Kia will also present new electric models at the show, including the Nexo hydrogen fuel cell crossover and electric commercial vehicles, highlighting the competitive landscape in the Japanese EV market [19][20]

Core Insights - Automakers are forming alliances to purchase carbon credits from electric vehicle companies to avoid potential fines from the European Union, which could reach up to 15 billion euros ($17.5 billion) [1][8] - The European Commission has allowed compliance based on average emissions over the period of 2025-2027, rather than solely on 2025 levels [1] Alliances and Collaborations - Nissan has formed a pool with Chinese EV giant BYD in October [3] - KG Mobility from South Korea partnered with Chinese EV maker Xpeng at the end of September [4] - Tesla established a pool in January with Stellantis, Toyota, Ford, Leapmotor, Mazda, and Subaru, with Honda and Suzuki joining in March [5] - A separate pool formed in January includes Mercedes, Volvo Car, Polestar, and Smart Automobile, with Geely holding significant stakes in these companies [6] Market Trends - Electric vehicles accounted for 12% of total European light vehicle sales last year, projected to rise to 15% this year, and expected to reach 24% by 2027 and 40% by the end of the decade according to AlixPartners [7]

当"关税推高通胀"的经典逻辑再度被特朗普的贸易政策推上舞台，美国市场却演绎出截然不同的剧本。日本车企在高关税下非但没有提价转嫁成本，反而 集体降价"以价换量"，由此意外形成了一道抑制美国通胀的"无声缓冲层"。 本文以日本汽车产业为切口，从利润数据与价格曲线的细微变化入手，追踪关税、利润与通胀之间的复杂传导路径。作者以"三幕"展开分析：从日本车企 的被动降价，到全球制造业的"降价接力"，再到利润与库存双重透支下的通胀回涌，揭示了政治力量如何短暂重塑市场逻辑、而经济规律终将反噬的深层 矛盾。 第一幕：以价换量日本车企在高关税下的"牺牲"策略 在高关税的压力下，日本车企几乎难逃"降价宿命"，本部分计划循着现象、原因、理论的脉络来拆解这一现象的表与里。 在这场看似微观的价格博弈背后，是地缘政治、货币政策与全球供应链的三重共振——这是一场关于通胀的"隐退"与"回归"的全球叙事。 引言：关税上调，价格下探——日本车企的"逆向逻辑" 4月2日，特朗普宣布将对各国进口商品征收"对等关税"。次日起，所有非美生产的汽车被加征高达25%的进口税率，导致该行业的总关税达到27.5%（此 前已有2.5%基本税率）。 一般来说，关税将显 ...

Group 1: Company Performance - Mazda Motor Corporation (MZDAY) has returned 9.2% year-to-date, outperforming the average gain of 6.3% in the Auto-Tires-Trucks group [4] - The Zacks Consensus Estimate for MZDAY's full-year earnings has increased by 116.7% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [3] - Mazda belongs to the Automotive - Foreign industry, which has gained an average of 5.3% year-to-date, further highlighting MZDAY's strong performance [5] Group 2: Industry Context - The Auto-Tires-Trucks group is currently ranked 11 within the Zacks Sector Rank, which includes 16 different groups [2] - Standard Motor Products (SMP), another stock in the Auto-Tires-Trucks group, has outperformed the sector with a year-to-date increase of 27.5% [4] - The Automotive - Replacement Parts industry, which includes Standard Motor Products, has seen a decline of 6.9% since the beginning of the year, contrasting with the performance of Mazda [6]

Group 1 - The automotive sector is facing significant challenges in 2025, primarily due to tariffs impacting profitability [2] - Despite these challenges, automotive stocks have not underperformed compared to broader markets [2] - The analysis focuses on the Japanese company Mazda, highlighting its position within the current operating environment [2]