以下文章来源于正商参阅 ，作者信瀚 正商参阅 . 原《政商参阅》，做价值的传播者！连续两届获评胡润年度影响力财经自媒体、21世纪经济报道年度传 播力财经自媒体、新浪财经、经济观察报年度影响力财经自媒体、新榜年度社会关注新媒体荣誉奖等。 作者： 信瀚 来源： 正商参阅（ID：zhengshangcanyue） 昔日风雨昔日云，彼时云淡彼时殇。 特朗普的关税大棒刚挥出，尚未吓退"外敌"，却先刺痛了自己。 近日，一则重磅消息引爆全球汽车业：拥有 玛莎拉蒂、 Jeep 等 14 个品牌的全球第四大车企 —— Stellantis （斯泰兰蒂斯）突然宣布裁撤 900 名美国工人 ，关闭加拿大和墨西哥两家工 厂，北美生产线陷入瘫痪。 几乎同一时间， 捷豹路虎宣布暂停对美出口一个月，奥迪则扣押 3.7 万辆新车拒绝交付美国经 销商。 最讽刺的是，这场风暴的中心不在海外，而在美国本土消费者和工人的饭碗上。 墨西哥工厂的停工，让美国工人丢了饭碗，欧洲豪车的断供，已让经销商无货可卖，而斯泰兰蒂 斯、捷豹路虎、奥迪们 肯定不会默默承担 25% 的成本，而是将其全部转嫁到价格上。 即便福特、通用等 美国品牌在本土生产，仍有 40% ...

Core Viewpoint - The recent imposition of a 25% tariff on imported automobiles by the U.S. government is expected to have significant repercussions on the global automotive industry, affecting production costs, consumer prices, and overall market dynamics [1][2][3]. Group 1: Impact of Tariffs - The 25% tariff on imported vehicles is aimed at protecting U.S. automakers and jobs, but it may lead to increased production costs and reduced competitiveness for American manufacturers [2][7]. - The average price of cars in the U.S. could rise by approximately $4,711 due to the tariffs, with potential reductions if certain exemptions apply [3][16]. - The tariffs are likely to disrupt the highly integrated North American automotive supply chain, which relies on parts from Canada and Mexico [11][12]. Group 2: Economic and Employment Effects - Approximately 1 million Americans are employed in automotive manufacturing, with an additional 2 million in sales, indicating that the tariffs could have widespread economic implications [3]. - The tariffs may lead to a decrease in U.S. car sales, as higher prices could deter consumers, especially in the context of existing inflationary pressures [17][21]. - The automotive industry is facing a potential "chilling effect," where uncertainty around tariffs could lead to reduced production and investment decisions [10][15]. Group 3: Challenges for U.S. Automakers - U.S. automakers, particularly the "Big Three" (General Motors, Ford, and Stellantis), are expected to face significant challenges due to their reliance on imported parts and the high costs associated with the tariffs [12][13]. - General Motors is projected to experience a 79% decline in EBIT due to the tariffs, while Ford and Stellantis will also see substantial reductions in their financial performance [13]. - The potential for retaliatory tariffs from other countries, such as Canada, could further complicate the situation for U.S. automakers [9][22]. Group 4: Long-term Industry Outlook - The long-term viability of the U.S. automotive industry may be jeopardized by a reliance on protectionist measures, which could stifle innovation and competitiveness [5][22]. - The shift of automotive production to the southern U.S. has already altered the landscape, and the tariffs may not effectively revitalize the traditional manufacturing hubs in the Midwest [19][20]. - The automotive sector's dependence on global supply chains means that isolationist policies could lead to inefficiencies and higher costs, ultimately harming the industry's growth prospects [22].

Core Viewpoint - The implementation of a 25% tariff on imported cars and key automotive parts in the U.S. is expected to significantly impact the automotive market, leading to production halts, price increases, and a restructuring of the industry [2][4][10]. Group 1: Tariff Implementation and Immediate Effects - The 25% tariff applies to imported passenger cars, light trucks, and key automotive components, with potential expansion to other parts [3]. - Following the tariff's enactment, international automakers have halted exports, closed factories, and raised prices in response [4][5]. - Audi has stopped deliveries to the U.S. and plans to maintain inventory for two months, while Volkswagen has suspended vehicle transport from Mexico and is holding new cars at ports until a new pricing strategy is established [6][7]. Group 2: Price Adjustments and Manufacturer Responses - Ferrari announced price increases of up to 10% on most models, reflecting the new tariff, with price hikes ranging from $25,000 to $350,000 depending on the model [8]. - Cox Automotive predicts that the tariff will increase the cost of U.S.-made cars by $3,000 and $6,000 for cars made in Canada or Mexico, potentially halting nearly all North American car production by mid-April [9]. Group 3: Long-term Industry Restructuring - Automakers with U.S. production facilities, like Mercedes and BMW, are absorbing some tariff costs and freezing prices for certain models to mitigate impacts [11][12]. - Toyota and Hyundai have also committed to freezing prices for their vehicles in the U.S. amid the tariff changes [12]. - Stellantis announced temporary shutdowns of production facilities in Canada and Mexico, affecting U.S. operations and leading to layoffs [14]. Group 4: Future Market Predictions - The overall expectation is that vehicle prices will rise due to the tariffs, with Cox estimating an increase of $6,000 for imported vehicles and an additional $3,600 for key components [15]. - The automotive industry is entering a long-term adjustment phase, shifting from short-term price competition to long-term capacity restructuring, with consumers likely facing higher prices as a result of these political and economic changes [14][15].

Domestic News - The Ministry of Industry and Information Technology (MIIT) will implement policies to regulate the lithium battery industry, focusing on enhancing industry management, accelerating technological innovation, expanding applications, ensuring industry safety, and improving the industrial ecosystem [2] - Beijing's Economic and Information Technology Bureau and Communication Administration have launched a plan to accelerate the integration of 5G communication modules in vehicles, promoting the development of new terminal ecosystems and innovative business models [3] - Chengdu's Economic and Information Technology Bureau has released a draft policy to develop the artificial intelligence industry, encouraging the opening of at least 70 application scenarios annually and providing financial rewards for successful projects [4] - The Lingang New Area Administrative Committee in Shanghai signed a cooperation agreement with Stellantis to establish a sustainable resource utilization center for vehicles and parts, focusing on circular economy practices [5] International News - Porsche has preemptively shipped additional inventory to the U.S. to avoid tariff impacts, maintaining stable pricing for March orders, while expecting operating profit margins to fall below the 10%-12% guidance range [6] - The European Commission has announced an "AI Continental Action Plan" aimed at simplifying AI-related regulations and enhancing competitiveness in the AI sector [7] - Tesla plans to produce its first Optimus humanoid robots this year and is actively recruiting for around 80 positions related to the project [8] Corporate News - SAIC Motor Corporation announced that its next-generation solid-state battery will be mass-produced by the end of this year, with the first solid-state battery, named "Guangqi Battery," expected to launch in 2027 [9] - Volkswagen aims to achieve over 15% market share in China by 2030, with 80% of its offerings being new energy products, and plans to launch over 20 electric models by 2027 [10] - Changan Automobile reported a 35.37% decline in net profit for 2024, despite a 5.58% increase in revenue, and proposed a cash dividend of 2.95 yuan per 10 shares [11] - JAC Motors reported a 15% increase in domestic sales and nearly 20% growth in international sales of its pickup trucks in the first quarter [12] - Leap Motor announced that its intelligent driving software will be free for models with driving assistance features, including refunds for previously paid users [13] - The chairman of FAW Bestune has been appointed as the chief accountant of Harbin Electric Group [14] - Hon Hai Precision Industry plans to launch multiple electric vehicle models in Japan by 2027, collaborating with local automakers [15]

Core Points - Stellantis has paused its "American Born" campaign due to allegations of deceptive advertising regarding the origin of its vehicles [1][2] - The campaign claimed that Dodge, Ram, and Jeep vehicles were "made" or "built" in the USA, while a significant number of parts are imported [1] - The FTC stipulates that for a product to be marketed as "built" or "made" in the USA, it must be "all or virtually all" made domestically with negligible foreign content [2] Group 1 - TINA.org informed Stellantis that its claims about the vehicles' origin are deceptive and violate FTC law [2] - TINA.org has previously taken action against other automakers for similar deceptive claims, including Ford, which has since adjusted its advertising to clarify that its vehicles are "assembled" in the U.S. [3] - In 2019, TINA.org's investigation led Mercedes-Benz to halt an ad campaign for the Sprinter van, which was misleadingly promoted as "Built in the USA" [4] Group 2 - TINA.org has also investigated deceptive "Made in USA" claims from various companies, including Williams-Sonoma, New Balance, Walmart, Gillette, and Almay [5] - The organization is actively tracking numerous class-action lawsuits related to false and deceptive origin claims [5]

财料 全球股市惊魂一周，谁的损失最惨重？ | | 市值变化(亿$) | 涨跌幅 | | --- | --- | --- | | 01 英伟达 | -3052 | -11.4% | | 02 台积电 | -1165 | -13.3% | | 03 博通 | -676 | -8.5% | | 04 AMD | -310 | -18.6% | | 05 高通 | -258 | -15.2% | 市值缩水最多的5家电商 联企业:甲骨 贝佐斯-$170亿 生要关联企业:亚马逊 巴菲特 -$130亿 比尔盖茨 -$130z 主要关联企业:伯克希尔哈撒韦 主要关联企业:微软 迈克尔 ·戴尔 ·$113 · 黄仁勋-$1090 主要关联企业:英伟达 主要关联企业:戴尔 市值缩水量多的5家半导体企业 | | 市值变化(亿$) | | 涨跌幅 | | --- | --- | --- | --- | | 01 亚马逊 | | -1792 | -8.8% | | 02 阿里巴巴-W | | -678 | -22.0% | | 03 拼多多 | | -308 | -18.2% | | 04 美团-W | | -184 | -14.9% ...

Group 1 - Stellantis is expanding its employee-discount program to the public for most new models, starting this month, in response to new auto tariffs [1][3] - The program will run through April 30 and includes popular models such as the Jeep Wrangler and Ram light-duty pickup trucks, while customers can still opt for other promotions [2] - This initiative follows Ford's announcement of a similar employee pricing program, which allows consumers to access pricing below dealer invoice for select vehicles [3] Group 2 - The new auto tariffs will affect a wide range of vehicles including sedans, SUVs, and light trucks, as well as key automobile parts like engines and transmissions [6]

Core Points - Stellantis is expanding its employee-discount program to the public in response to new auto tariffs imposed by President Donald Trump [1][3] - The program will run through April 30 and includes popular models like the Jeep Wrangler and Ram light-duty pickup trucks, while customers can still opt for other promotions [3] - This initiative follows Ford's announcement of a similar employee pricing program, which allows consumers to access pricing below dealer invoice [4] Group 1 - Stellantis is offering a public employee discount program starting this month, similar to Ford's initiative [1][4] - The company aims to provide customers with options between employee pricing and current cash incentives [2] - The program includes popular models and runs until the end of April [3] Group 2 - Ford's initiative, "From America, For America," allows consumers to save on various Ford and Lincoln vehicles, excluding certain models [4] - Ford is also providing complimentary home chargers for electric vehicle customers through June 30 [5] - The recent auto tariffs will impact a wide range of vehicles and key automobile parts [7][8]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive adopts technology enthusiastically, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Points - Stellantis announced temporary layoffs of 900 workers across five U.S. facilities due to the impact of President Trump's tariffs, alongside a pause in production at assembly plants in Mexico and Canada [1][2][6] - The affected U.S. plants are primarily powertrain and stamping facilities that supply parts to the idled factories in Mexico and Canada [2][6] - Stellantis' Windsor Assembly will halt operations for two weeks, while the Toluca Assembly in Mexico will be down for the entire month of April [3][4] Industry Impact - The automotive industry is grappling with a new 25% import tax on vehicles, which took effect recently, significantly higher than the previous base tariff rate of 2.5% [5] - Automakers can deduct the value of U.S. parts from the 25% levy when importing vehicles from Canada or Mexico, indicating a complex adjustment process for the industry [5] Company Response - Antonio Filosa, Stellantis' COO for the Americas, stated that the company is assessing the medium- and long-term effects of the tariffs and has decided to take immediate actions, including the temporary production pauses [6] - The company previously paused work on the next-generation Jeep Compass compact SUV, indicating ongoing adjustments to its production strategy [7] Labor Relations - UAW President Shawn Fain criticized Stellantis for the layoffs, claiming the company has the resources to employ more workers and that the layoffs are an unnecessary choice [8] - The Canadian union Unifor, representing Stellantis workers, did not provide immediate comments regarding the layoffs [8]