Jing Ji Guan Cha Bao·2025-05-23 06:30Core Insights - The automotive industry is at a critical juncture, facing systemic issues that question its reliability and trustworthiness [1][2][5] - Price wars and unsustainable business practices are leading to a collective credit overdraw within the industry, impacting brand value and profit margins [3][4] - There is a call for greater transparency and accountability, with suggestions for independent audits to establish a consensus on true profits and costs [4] Group 1 - The industry is waiting for a definitive answer regarding its bottom line, with stakeholders including users, peers, and supply chains all anticipating clarity [1] - The automotive sector is experiencing growth in sales, exports, and stock prices, yet systemic concerns such as cost-cutting pricing strategies and unsustainable business models are emerging [1][2] - The metaphor of "the Evergrande of the automotive industry" suggests that significant underlying issues exist, even if they have not yet resulted in a crisis [2] Group 2 - Trust is a central issue, as pricing adjustments and delivery delays raise questions about the industry's credibility among consumers and investors [3] - The current pricing strategies are damaging brand value and profit margins, with drastic price reductions indicating deeper mathematical and economic problems [3] - Companies are engaging in practices that may not be sustainable, driven by the need to maintain favorable financial reports and secure financing [3][4] Group 3 - The industry is urged to shift from aggressive growth strategies to a focus on recalibrating its credit structure and ensuring reliability [5] - There is a recognition that the automotive industry is not a fast-moving consumer goods sector; it has broader implications for safety, energy consumption, and urban systems [4] - The conversation around self-regulation and industry standards is beginning, but it has not yet become a mainstream value [4]