金十图示：2025年06月09日（周一）全球汽车制造商市值变化 | | | 市值(亿美元) 较昨日变化(亿美元) | 股价(美元) | | --- | --- | --- | --- | | 特斯拉 | 9506.34 | + +336.53 | 295.14 | | (4) 丰田汽车 | 2412.87 | 1 +9.61 | 185.14 | | והו 小米汽车 | 1772.51 | + -19.9 | 6.84 | | 比亚迪 | 1500.16 | + -37.2 | 48.89 | | P 法拉利 | 860.03 | ↑ +4.02 | 482.61 | | 梅赛德斯奔驰 | 564.76 | + -2.33 | 58.65 | | 宝马汽车 | 542.21 | + -2.12 | 87.58 | | 入） 大众汽车 | 529.97 | + -9.28 | 104.67 | | --- | --- | --- | --- | | MS 玛鲁蒂铃木 | 456.9 | 1 +12.36 2 | 145.32 | | 通用汽车 gm | 456.39 | + +3.58 | 47.47 | | ...

Core Insights - The article presents the market capitalization changes of global automotive manufacturers as of June 5, 2025, highlighting significant fluctuations in values across various companies [1]. Group 1: Market Capitalization Changes - Tesla's market capitalization stands at $10,695.2 million, experiencing a decrease of $393.65 million [3]. - Toyota's market capitalization is $2,449.63 million, with a decline of $44.9 million [3]. - BYD's market capitalization is $1,543.04 million, showing a decrease of $2.94 million [3]. - General Motors has a market capitalization of $458.32 million, down by $13.35 million [4]. - Ford's market capitalization is $405.21 million, with an increase of $1.98 million [5]. Group 2: Notable Increases - Xiaomi Automotive shows a slight increase in market capitalization to $1,765.65 million, up by $3.52 million [3]. - Ferrari's market capitalization increased to $857.09 million, up by $9.33 million [3]. - Kia's market capitalization rose to $266.57 million, with an increase of $8.91 million [5]. - VinFast Auto's market capitalization is $81.16 million, increasing by $2.34 million [5]. Group 3: Other Companies - Mercedes-Benz has a market capitalization of $564.6 million, down by $2.72 million [3]. - Honda's market capitalization is $422.41 million, decreasing by $10.52 million [4]. - NISSAN's market capitalization is $86.71 million, down by $1.41 million [5].

Group 1 - The company aims to invest in firms with strong qualitative attributes, purchasing them at attractive prices based on fundamentals, and holding them indefinitely [1] - The investment strategy focuses on maintaining a concentrated portfolio to avoid underperformers while maximizing exposure to high-potential winners [1] - The company plans to publish articles on selected companies approximately three times a week, including extensive quarterly follow-ups and constant updates [1] Group 2 - The analyst has a beneficial long position in the shares of RACE, indicating a personal investment interest in the company [2] - The article reflects the analyst's own opinions and is not influenced by compensation from any external sources [2]

Company Overview - Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) is a notable stock in the Auto-Tires-Trucks sector, which consists of 102 individual stocks [2] - ASEKY currently holds a Zacks Rank of 1 (Strong Buy), indicating a favorable earnings outlook [3] Performance Analysis - ASEKY has gained approximately 23.8% year-to-date, significantly outperforming the average return of -10.7% for the Auto-Tires-Trucks sector [4] - The Zacks Consensus Estimate for ASEKY's full-year earnings has increased by 30.4% in the past quarter, reflecting improved analyst sentiment [4] Industry Context - ASEKY is part of the Automotive - Original Equipment industry, which includes 52 companies and ranks 141 in the Zacks Industry Rank [6] - Stocks in this industry have experienced a slight decline of about 0.1% year-to-date, further highlighting ASEKY's superior performance [6] Competitive Landscape - Ferrari (RACE), another stock in the Auto-Tires-Trucks sector, has also shown strong performance with a year-to-date return of 13% and a Zacks Rank of 2 (Buy) [5] - Both ASEKY and Ferrari are expected to maintain their solid performance moving forward, making them attractive options for investors [7]

Core Points - The 2025 Formula 1 Spanish Grand Prix took place on June 1 at the Circuit de Barcelona-Catalunya [1] - McLaren's Australian driver Piastri won the race, with teammate Norris finishing second and Ferrari's Leclerc taking third [3][4][5][6] Group 1 - The race was held in Barcelona, marking a significant event in the 2025 F1 season [1] - Piastri's victory highlights McLaren's competitive performance in the championship [3][4] - Norris's second-place finish further emphasizes McLaren's strong showing in the race [5][9] Group 2 - Leclerc's third-place finish indicates Ferrari's continued presence in the top tier of the competition [6][11] - The race results reflect the ongoing rivalry and performance dynamics among leading teams like McLaren and Ferrari [3][6]

Core Viewpoint - The comparison between Continental AG (CTTAY) and Ferrari (RACE) indicates that CTTAY is currently the more attractive option for value investors based on various valuation metrics [1][7]. Valuation Metrics - CTTAY has a forward P/E ratio of 9.70, while RACE has a significantly higher forward P/E of 49.87 [5]. - The PEG ratio for CTTAY is 0.72, indicating it is undervalued relative to its expected earnings growth, whereas RACE has a PEG ratio of 5.61, suggesting it is overvalued [5]. - CTTAY's P/B ratio stands at 1.13, compared to RACE's P/B ratio of 30.81, further highlighting CTTAY's relative undervaluation [6]. Earnings Outlook - Both CTTAY and RACE have a Zacks Rank of 2 (Buy), indicating a positive earnings outlook due to favorable analyst estimate revisions [3]. - Despite both companies having solid earnings prospects, the valuation metrics suggest that CTTAY is the superior value option at this time [7].

Summary of Key Points Core Viewpoint - Numerous companies are lowering their profit forecasts for 2025 due to the impact of tariffs and economic uncertainty, indicating a broader trend of caution across various industries. Group 1: Retail Sector - Abercrombie & Fitch lowered its full-year profit forecast for 2025, citing a $50 million hit from tariffs, including a 30% tariff on imports from China and a 10% tariff on other imports [1][2] - Macy's also reduced its earnings per share outlook for the year, attributing it to tariffs, moderation in consumer spending, and increased competition [3] - Target expects sales to decline throughout 2025, previously projecting a 1% growth, due to weaker spending linked to tariff uncertainties [3] Group 2: Consumer Goods and Food & Beverage - Diageo warned of a $150 million hit to annual profits in 2025 but plans to offset half of this impact through unspecified actions [4] - PepsiCo lowered its earnings forecast for 2025, facing higher supply chain costs due to tariffs and a volatile consumer environment [15] - Kraft Heinz also lowered its outlook, citing a volatile operating environment influenced by tariffs and inflation [13] Group 3: Automotive Industry - Ford expects tariffs to reduce its earnings before interest and taxes by about $1.5 billion in 2025 and has suspended its full-year guidance [8] - General Motors lowered its earnings forecast to between $10 billion and $12.5 billion, down from $13.7 billion to $15.7 billion, due to the impact of tariffs [12] - Toyota estimated a $1.25 billion profit loss in April and March due to U.S. tariffs, forecasting a nearly 21% dip in operating income through 2025 [5] Group 4: Technology and Electronics - AMD anticipates a $1.5 billion revenue loss in 2025 due to restrictions on chip shipments to China [7] - Apple expects a $900 million hit to its bottom line in the second quarter due to tariffs, complicating future predictions [10] - Logitech withdrew its outlook for the 2026 fiscal year due to ongoing tariff uncertainties [17] Group 5: Airlines and Transportation - JetBlue and Alaska Airlines both pulled their full-year guidance for 2025 due to macroeconomic uncertainty [13][17] - Delta Airlines withdrew its full-year guidance, citing broad macro uncertainty [18] - United Airlines issued a second guidance featuring significantly lower earnings for 2025, reflecting the unpredictable economic environment [17] Group 6: Miscellaneous - Steve Madden withdrew its financial guidance for 2025, facing heightened uncertainty from new tariffs [6] - Rivian lowered its targets for vehicle deliveries and capital spending for 2025 due to significant uncertainty in the global economic landscape [6] - Snap declined to issue guidance for its second quarter, citing uncertainty in macroeconomic conditions affecting advertising demand [14]

编 译 / 钱 亚 光 设 计 / 张 萌 来 源 / d r i v i n g . c a b y J i l M c I n t o s h 你是否曾说过："我永远都不会那样做！"然后你还是这么做了，还得面对那些话所带来的后果？如 果你有过这样的经历，那你绝不是唯一一个这样的人。而且就这一点而言，与你情况类似的汽车制 造商也不在少数。 ↓2024 法拉利Purosangue 图片来源：FERRARI 例如，英国超级跑车制造商迈凯伦（McLaren）多年来一直宣称，它绝不会像其他所有汽车制造商 那样投身于SUV的热潮之中，因为该公司最初就是作为一家赛车运动公司创立的。但所有权的变更 最终扭转了这一局面，迫使这家著名的品牌走出了以往从未涉足的领域。 由于他们都没有"透视眼"，汽车制造商通常会综合考虑消费者趋势、法规、畅销产品等因素来预测 未来的产品走向，还会结合一些直觉判断。有时这种预测效果非常好，但有时情况就并非如此了 ——以下是一些汽车制造商曾自信地做出未来产品预测，但随后却完全改变主意的例子。 劳斯莱斯："我们永远不会卖电动汽车" ↓2011 年劳斯莱斯 102EX 图片来源：Rolls-Royce ...

Not only will Ferrari benefit from China's rising EV market, but it will also benefit from lower tariffs and taxes. The vehicle, dubbed Elettrica, that Ferrari plans to unveil in October is expected to be taxed at a compound rate of 30% of its manufacturer's suggested retail price, which compares favorably to its vehicles equipped with 12- cylinder engines that can be taxed at nearly four times that rate. Pathway to growth Make no mistake, this will be a big launch for Ferrari, which will launch the EV thro ...

Group 1 - BYD reported a value of 1583.74 with a decrease of 10.36, indicating a decline in performance [2] - Ferrari's value stands at 867.42, showing a slight decrease of 2.7 [2] - Volkswagen experienced an increase of 7.49, reaching a value of 570.91 [2] - Mercedes-Benz reported a value of 565.48, with a significant increase of 19.12 [2] Group 2 - BMW's value is 560.88, reflecting an increase of 12.66 [3] - Porsche's value is 483.99, with an increase of 7.2 [3] - General Motors reported a value of 476.97, showing a notable increase of 20.28 [3] - Mahindra Automotive's value is 438.87, with an increase of 17.33 [3] - Honda's value stands at 435.85, reflecting an increase of 6.48 [3] - Ford's value is 419.53, with an increase of 10.75 [3] - Hyundai's value is 337.81 [3] - Tata Motors reported a value of 312.69, with an increase of 5.35 [3] - Stellantis' value is 301.59, reflecting an increase of 18.43 [3] - Li Auto's value is 284.75, with an increase of 17.55 [3] - SAIC Motor's value stands at 267.71, reflecting an increase of 2.73 [3] - Kia's value is 263.74, with an increase of 3.1 [3] - Suzuki's value is 245.79, showing an increase of 10.9 [3] - Geely's value is 240.91, reflecting a decrease of 4.67 [3] - Great Wall Motors reported a value of 239.73, with a slight decrease of 0.1 [3] - Xpeng Motors' value is 202.01, reflecting an increase of 14.25 [3] Group 3 - Renault's value is 153.69, with a slight increase of 0.73 [4] - Changan Automobile reported a value of 150.77, reflecting a minor decrease of 0.24 [4] - Subaru's value stands at 140.06, with an increase of 4.92 [4] - GAC Group's value is 115.22, reflecting an increase of 0.99 [4] - NIO's value is 94.59, with an increase of 5.18 [4] - VinFast Auto reported a value of 87.71, reflecting an increase of 0.7 [4] - Nissan's value stands at 84.45, with an increase of 2.62 [4] - Zeekr's value is 73.18, reflecting an increase of 1.78 [4]