A brand new Nissan car is displayed on the sales lot at Golden State Nissan on March 26, 2025 in Colma, California.Nissan Motor shares tumbled on Tuesday after Mercedes-Benz announced plans to offload its 3.8% holding in the Japanese automaker.Tokyo-listed shares of Nissan declined as much as 6.7% before paring some losses to trade 6% lower.Mercedes-Benz's pension trust will divest its stake worth roughly $346 million in Nissan Motor, a company spokesperson reportedly said on Monday. The spokesperson added ...

周二，陷入困境的日本汽车制造商日产汽车的股价下跌了6.5%。此前，其第二大股东梅赛德斯-奔驰表 示将出售其所持有的3.8%的股份。这一下滑数据凸显了投资者对日产公司扭亏为盈前景的怀疑态度。 该公司正面临关税问题以及在美国和中国等主要市场的销售下滑局面，截至今年6月的三个月里，其亏 损额达到了5.35亿美元。 周一，梅赛德斯的一位发言人表示，这一举措并非具有战略意义。他称计划出售这家汽车制造商剩余的 股份不过是对其投资组合进行清理而已。该公司于2016年将日产股份加入至其养老信托基金资产中。 该公司首席执行官Ivan Espinosa宣布了一项全面的重组计划，该计划包括将全球产能从350万辆削减至 250万辆，同时将生产站点从17个减少至10个，以期恢复盈利。 在日本股市早盘交易中，日产公司的股价跌至约339日元(约合2.30美元)，而周一的收盘价为363日元。 ...

格隆汇8月25日｜单显示，梅赛德斯-奔驰将以每股345.0-337.5美元的价格出售价值3.46亿美元的日产汽 车股份。 ...

对于利润下滑，日系三强均将矛头指向美国的关税措施。今年4月，特朗普政府宣布对日本输美商品征 收25%关税（原为2.5%）。虽然7月美日协议又将税率降至15%，但这仍远高于历史平均水平，对汽车 等大宗日本输美商品造成重大打击。 日本财务省公布的贸易统计数据显示，4月至6月，受美国政府关税政策的影响，日本对美出口连续3个 月同比下降，且降幅呈现扩大之势。其中，6月日本对美汽车出口额锐减，同比下降26.7%。 美国是丰田、本田、日产的核心市场之一，关税对其业绩影响明显。丰田预计，美国关税将导致财年营 业利润下降1.4万亿日元，其中4月至6月间减少4500亿日元；本田则表示，美国关税政策使其第一财季 营业利润减少约1250亿日元。 本文来自微信公众号：智通财经，作者：陈小同，题图来自：视觉中国 曾经"躺着赚钱"的日系车开始迎来阵痛。近期，日系车三巨头相继发布的本财年一季度（2025年4月1日 ～6月30日）财报显示，三家车企均面临不同程度的利润下滑问题。 作为全球最大汽车制造商，丰田本季度虽然销量和营收均有增长，但却陷入了增收不增利的局面。当季 营业利润同比下降11%至1.17万亿日元，净利润更是同比大降37%至84 ...

Core Viewpoint - The Japanese automotive industry, particularly the "Big Three" (Toyota, Honda, Nissan), is facing significant profit contraction due to U.S. tariff pressures and the transition to electric vehicles, despite some revenue growth [1][2][3]. Financial Performance - Toyota's net profit for Q1 of FY2025 decreased by 36.9% to 841.4 billion yen (approximately 40.7 billion RMB), while operating profit fell by 11% to 1.17 trillion yen (approximately 56.6 billion RMB) [1][3]. - Honda's net profit dropped by 50.2% to 170.4 billion yen (approximately 8.24 billion RMB), with operating profit down by 49.6% to 244.2 billion yen (approximately 11.89 billion RMB) [1][4]. - Nissan reported a loss of 79.1 billion yen (approximately 3.83 billion RMB) in operating profit, a significant decline from a profit of 1 billion yen (approximately 48.1 million RMB) in the previous year [5]. Impact of U.S. Tariffs - The U.S. government's imposition of a 25% tariff on imported vehicles and additional tariffs on core components has severely impacted the profitability of Japanese automakers [4][7]. - Toyota estimated a loss of 450 billion yen (approximately 21.8 billion RMB) in operating profit due to tariffs for Q1, with an annual forecast of 1.4 trillion yen (approximately 67.7 billion RMB) [3][4]. - Honda also projected a loss of 450 billion yen (approximately 21.8 billion RMB) in operating profit for FY2025 due to U.S. tariffs [4]. Market Performance in China - Despite challenges in the U.S. market, Toyota's sales in China increased by 6.8% to 837,700 units in the first half of the year, marking its first year-on-year growth in nearly four years [8][11]. - Nissan's sales in China rose by 21.8% in July, driven by the success of its new electric model, the N7 [9][10]. - Honda's performance in China lagged behind, with a 14.75% decline in July sales, reflecting struggles in both traditional fuel and new energy vehicle segments [10][11]. Strategic Responses - Toyota is focusing on local partnerships and expanding its hybrid and electric vehicle offerings in China to adapt to market demands [8][11]. - Nissan plans to invest 10 billion RMB in electric vehicle development in China and aims to launch 10 new electric models over the next two years [6][9]. - Honda is attempting to strengthen its position in the electric vehicle market with new product launches, although initial sales have been underwhelming [10][11].

近日，日产汽车发布2025财年第一季度财报，报告期内，日产汽车其净亏损1157.6亿日元，同比由盈转 亏，利润率降至-2.9%。合并营业亏损为791亿日元，优于此前预测的2000亿日元。日产汽车全球销量为 70.7万辆，合并净收入为2.7万亿日元。 对此，日产汽车方面对《中国经营报》记者表示，通过Re:Nissan计划的稳步推进，当前财务表现好于 预期。 日产汽车公司代表执行官、总裁兼首席执行官伊凡·埃斯皮诺萨（Ivan Espinosa）表示："这些数据提醒 着我们Re:Nissan计划背后的紧迫性。在过去这一个季度，我们坚决地实施了各项初步举措——削减成 本、重新定义产品和市场战略，以及加强关键合作伙伴关系。而现在，我们必须走得更远、更快，才能 实现盈利。日产全体员工齐心协力，共同实现重振目标，确保公司拥有可持续且盈利的未来。" 第一季度节省300多亿日元 在上一财年，日产汽车交出了一份亏损财报，公司全球销量334.6万辆，净亏损6709亿日元。 从短期来看，日产汽车对未来销售前景仍不乐观。公司调整了半年度的预期，预计净销售额为5.5万亿 日元，亏损1800亿日元。这意味着，对于今年7—9月份的第二财季， ...

日前，据彭博社援引知情人士透露，KKR成为日产汽车全球总部大楼的领先竞购者，这家陷入困境的 汽车制造商正在出售资产以巩固财务。KKR的日本房地产子公司KJR Management出价约900亿日元 （6.1亿美元），是多家投资公司中的最高报价。交易内容包括将该写字楼回租给日产，租期10年， KKR和KJR Management正考虑筹资方式。（中国汽车报） ...

Group 1 - DeepSeek officially released DeepSeek-V3.1 on August 21, featuring a hybrid reasoning architecture, improved thinking efficiency, and enhanced agent capabilities. The new model supports both thinking and non-thinking modes, providing faster responses compared to DeepSeek-R1-0528 [1] - The official app and web model have been upgraded to DeepSeek-V3.1, allowing users to switch freely between thinking and non-thinking modes via a "deep thinking" button [1] - DeepSeek announced a price adjustment for API calls starting from September 6, 2025, and will eliminate night-time discounts. All API services will continue to be billed at the current rates until that date [3] Group 2 - Tesla launched a new six-seat Model Y in China, priced at approximately $47,200, with CEO Elon Musk indicating that this variant may not be produced in the U.S. due to the rise of autonomous vehicles [5] - Kuaishou reported a 13.1% year-on-year increase in total revenue for Q2 2025, reaching RMB 35 billion, with adjusted net profit growing by 20.1% to RMB 5.6 billion [11] - Xiaopeng Motors' chairman He Xiaopeng purchased 3.1 million shares at an average price of HKD 80.49, increasing his total ownership to approximately 18.9% [11] - Sohu's CEO Zhang Chaoyang stated that Sohu Video will not participate in short drama production, focusing instead on long dramas and live broadcasts [11] - NIO announced the pre-sale of its new ES8 model starting at RMB 416,800, with deliveries expected to begin in late September 2025 [23] Group 3 - Meta responded to rumors of freezing AI department hiring, clarifying that it is a basic organizational adjustment while establishing a framework for new AI projects [9] - KKR is reportedly the leading bidder for Nissan's global headquarters building, offering approximately $610 million [16] - Intel is negotiating with large investors to raise capital through discounted equity offerings [16] - Nuro completed a $203 million Series E funding round, achieving a valuation of $6 billion [18]

Group 1 - Nissan's stock price continues to rise, with an increase of 3.7% at one point [1]

Core Insights - The three major Japanese automakers, Toyota, Honda, and Nissan, are experiencing unprecedented profit declines in the first quarter of fiscal year 2026 (April to June 2025) due to various factors, particularly in the Chinese market where their influence has significantly waned [1][2][5] Group 1: Financial Performance - Toyota reported a sales revenue of 12.25 trillion yen for Q1 2026, a year-on-year increase of 3.5%, but its operating profit fell by 11% to 1.17 trillion yen, and net profit dropped by 37% to 841.35 billion yen [2] - Honda's Q1 2026 sales revenue was 5.34 trillion yen, a decrease of 1.2% year-on-year, with operating profit down 49.6% to 244.17 billion yen and net profit down 50.2% to 196.67 billion yen [2] - Nissan's Q1 2026 revenue fell by 9.72% to 2.7069 trillion yen, resulting in a net loss of 115.7 billion yen, marking the fourth consecutive quarter of losses [3] Group 2: Strategic Adjustments - Toyota has adjusted its annual profit forecast downwards, expecting an operating profit of 3.20 trillion yen, a reduction from the previous estimate of 3.80 trillion yen, and net profit expectations have been lowered from 3.1 trillion yen to 2.66 trillion yen, reflecting a year-on-year decline of approximately 44% [2] - Honda is shifting its focus towards enhancing product intelligence and accelerating hybrid technology while slowing down its electric vehicle initiatives [4] - Nissan plans to cut its workforce by 20,000 employees globally by the fiscal year 2027, which is about 15% of its total workforce, and reduce its number of global factories from 17 to 10 [3] Group 3: Market Dynamics in China - Japanese brands' retail market share in China was only 12.9% in July, unchanged from the previous year but significantly down from a peak of 24.1% in 2020 [5] - Toyota's sales in China for the first half of 2025 reached 837,700 units, a year-on-year increase of 6.8%, with local strategies being accelerated [8] - Honda's sales in China for July 2025 were 44,817 units, a decline of 14.7%, and cumulative sales for the first seven months were down 23.16% [9] - Nissan's deliveries in China for the first half of 2025 were 279,500 units, a drop of 21.3% compared to the previous year [9] Group 4: Competitive Landscape - The overall Chinese passenger car market saw a retail sales volume of 10.901 million units in the first half of 2025, with domestic brands capturing 64% of the market share, while Japanese brands saw a 9% decline in retail sales [12]