Core Viewpoint - Stellantis anticipates an increase in production in Italy this year due to the introduction of new models, aligning with commitments made to the Rome government regarding enhanced investments [1] Group 1 - The company is focusing on new model launches to boost output [1] - Stellantis is working to fulfill its investment commitments to the Italian government [1]

Core Insights - Stellantis N.V. will present its strategic plan at the Investor Day 2026 on May 21 in Auburn Hills, Michigan [2] Company Overview - Stellantis N.V. is a leading global automaker with a diverse portfolio of brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys [3]

Group 1 - Stellantis is lowering vehicle prices in France to recover lost market share, specifically on Fiat, Opel, and Peugeot models [1][2] - A new deal for the Fiat Pandina has been launched at €9,990 ($11,973) under certain conditions, with cheaper leasing options also available for the Peugeot 208 [1][2] - The entry price for petrol versions of the Opel Corsa has been reduced from €20,900 to €15,900 [2] Group 2 - CEO Antonio Filosa, who took over in June, is implementing price reductions to stabilize brands like Jeep and Peugeot after market share losses [2] - Filosa has plans for billions of dollars in investment in the US while addressing excess capacity in Europe and competition from Chinese manufacturers [3] - Stellantis operates twelve factories in France and is expected to unveil a new strategic plan in the first half of the year [3] Group 3 - Passenger car and van output in France increased to 661,000 units last year, up from 569,000 in 2024, aided by stronger production at sites like Sochaux [4] - Filosa has expressed concerns that the European Commission's updated vehicle emissions regulations do not provide a clear growth strategy for the EU car industry [4] - There is a possibility that Stellantis may increase European spending if the planned 2035 phase-out of petrol engines is relaxed [5]

Core Insights - The European passenger car market is experiencing a significant shift towards electric vehicles, with battery electric vehicle (BEV) sales surpassing gasoline vehicle sales for the first time in December 2025, achieving a market share of 22.6% [2][5]. Group 1: Market Trends - In December 2025, BEV sales increased by 51% year-on-year to 217,898 units, while gasoline vehicle sales decreased to 216,492 units, marking a pivotal change in market dynamics [2][5]. - The overall passenger car sales in the EU reached 963,319 units in December 2025, reflecting a 5.3% year-on-year growth, with electric vehicles (including hybrids) accounting for 67% of total sales, up from 57.8% in December 2024 [5][6]. Group 2: Electric Vehicle Growth - The sales of plug-in hybrid vehicles (PHEVs) also saw a substantial increase of 36.7%, totaling 102,914 units in December 2025 [5][6]. - For the entire year of 2025, the EU passenger car market recorded total sales of 10.82 million units, a slight increase of 1.8%, with BEV sales reaching 1.88 million units, up 30% year-on-year [6][7]. Group 3: Competitive Landscape - Chinese brands are rapidly penetrating the European market, with SAIC Motor and BYD showing significant growth. SAIC sold 305,700 units, up 24.9%, while BYD's sales skyrocketed by 269% to 188,000 units [8]. - In contrast, Tesla's sales declined by 26.9% to 239,000 units, highlighting the competitive pressures from emerging brands [8].

Core Viewpoint - Stellantis plans to increase price cuts on new cars sold in France to boost sales volumes in its largest European market [1] Group 1 - The initiative is led by Stellantis France chief Xavier Duchemin, indicating a strategic move to enhance competitiveness in the French automotive market [1] - The decision comes as part of a broader strategy to recover from declining sales and improve market share in France [1]

Group 1: Automotive Industry - Stellantis (STLA) plans to implement more aggressive price reductions on new vehicles in France starting in 2026 to boost sales volumes and regain market share in a competitive landscape [2][9] Group 2: Technology Industry - Google (GOOGL) is actively engaging with the UK's Competition and Markets Authority (CMA) regarding proposed new controls on its search services, expressing optimism about finding a constructive resolution while cautioning against measures that could lead to a fragmented or confusing user experience [3][9] Group 3: Retail Industry - Walmart Inc. (WMT) has announced a significant investment in its pharmacy operations, promoting 3,000 roles to Pharmacy Operations Team Lead positions with an average hourly wage of $28, reflecting the company's commitment to its pharmacy team [5][9] Group 4: Financial Sector - The European Central Bank's Executive Board member Elderson emphasized the critical need for financial institutions to enhance their robustness and resilience against geopolitical shocks and macro-financial uncertainties [6][9]

Domestic News - The Ministry of Transport has implemented a policy to waive toll fees for small passenger vehicles (7 seats or fewer) during the Spring Festival holiday [2] - The Ministry's notice emphasizes the need to enhance charging infrastructure for electric vehicles, proposing tailored strategies for busy service areas to reduce long wait times for charging [2] Industry Insights - In 2025, profits for large-scale high-tech manufacturing industries are expected to grow by 13.3% year-on-year, surpassing the overall industrial profit growth of 12.7% [3] - The smart electronics sector is driving significant profit increases, with profits in the smart consumer device manufacturing sector rising by 48%, and specific industries like smart drones and smart vehicle equipment seeing profits increase by 102% and 88.8%, respectively [3] - The automotive industry is projected to generate profits of 461 billion yuan in 2025, reflecting a modest year-on-year increase of 0.6% [4] - The automotive sector's revenue is expected to reach 1,117.96 billion yuan, with production figures at 34.78 million vehicles, marking a 10% increase year-on-year [4] International News - The EU has announced a trade agreement with India, granting EU service providers preferential access in key sectors such as finance and maritime services, while gradually reducing automotive tariffs to 10% with an annual quota of 250,000 vehicles [5] - Stellantis Group reported that despite a sluggish market, it expects to sell over 2.42 million new vehicles in Europe in 2025, achieving a market share of 16% [6] - The company leads the hybrid vehicle market with a 15% share and holds a 28.6% share in the commercial vehicle sector [6] - The European new car registration is projected to grow by 2.4% in 2025, reaching 13.3 million units, with electric vehicle registrations surging by 30% [7] - In Vietnam, the automotive market is expected to grow by 22% in 2025, although major players like Hyundai and Kia are experiencing declining sales for the third consecutive year [8] - South Africa's electric vehicle sales are projected to decline by 17% in 2025, accounting for only 0.17% of total new car sales, despite overall new car sales reaching a decade-high of 596,818 units [9] Corporate News - BYD has signed a long-term strategic cooperation memorandum with ExxonMobil, focusing on innovation in new energy hybrid technology and collaborative product development [10] - Li Auto plans to close a small number of underperforming stores as part of normal operational adjustments, clarifying that rumors of closing 100 stores are unfounded [11] - Didi plans to enhance the experience of its ride-hailing services in 2026, focusing on improving driver service levels and optimizing vehicle offerings [12] - DeepWay has completed a Pre-IPO financing round of 1.177 billion yuan, marking the largest single financing in the autonomous driving new energy heavy truck sector [13] - XPeng Motors anticipates "very strong" growth this year, with overseas sales growth potentially outpacing domestic sales [14]

Core Viewpoint - The article emphasizes the importance of quantitative methods in identifying undervalued stocks across various industries, suggesting that numerical data often provides a clearer picture of a company's potential than narrative descriptions [1]. Group 1 - The analyst employs backtested quantitative methods to search for undervalued stocks of any size [1]. - The belief is that numbers are more significant than stories in assessing a company's prospects [1]. - The analyst has been investing since 2013 and has gained knowledge from extensive reading of stock market literature [1].

声明还显示，与2024年相比，该集团终端客户订单显著增长，下半年增速同比提升8%，第四季度增速 更同比上涨16%。此外，存量订单也较去年同期增加了10%。 免责声明：Mysteel发布的原创及转载内容，仅供客户参考，不作为决策建议。原创内容版权归Mysteel所有，转载需取得Mysteel书面授 权，且Mysteel保留对任何侵权行为和有悖原创内容原意的引用行为进行追究的权利。转载内容来源于网络，目的在于传递更多信息，方 便学习与交流，并不代表Mysteel赞同其观点及对其真实性、完整性负责。 汽车制造商斯泰兰蒂斯集团（Stellantis）26日宣布，在车市整体需求低迷的情况下，2025年该集团在欧 洲市场的新车销量仍超过242万台，市场份额达到16%。 声明同时指出，2025年的销量为2026年的业务提供了积极信号，该集团计划在2026年推出至少十款新车 型，进一步推动增长。 声明指出，Stellantis巩固了其在欧洲30国市场的第二大整车制造商地位。值得注意的是，在混合动力汽 车市场，该集团以15%的份额位居第一；在商用车领域，其市场份额达28.6%，同样稳居榜首。 资讯编辑：王芳琴 021-6689 ...

Group 1 - The Indian government has reached an agreement with the EU to reduce tariffs on cars imported from the bloc from 110% to 40%, with further reductions expected over time [1][2] - The immediate tariff reduction applies to cars with an import price of around 15,000 Euros (approximately $17,700), potentially benefiting up to 200,000 vehicles [3] - The agreement is expected to positively impact companies like Tesla and Stellantis, as reduced tariffs could enhance their market presence in India [4][6] Group 2 - Tesla may supply vehicles to the Indian market from its Gigafactory in Berlin to take advantage of lower tariffs, as current imports come from Shanghai [5] - Stellantis, which includes brands like Jeep and Citroen, could expand its portfolio in India due to the reduced tariffs, despite local manufacturing challenges [6] - The U.S. has not reached a similar tariff agreement with India, maintaining a 50% tariff, which contrasts with the EU-India deal [7]