Group 1 - Several multinational component giants, including ZF, Valeo, BorgWarner, and Lear, have recently released their Q2 and H1 financial reports, with U.S. tariff policy adjustments being a key factor affecting performance [2] - Companies like Autoliv have successfully passed on tariff costs to customers, achieving record revenue and operating profit margins, with adjusted operating profit margin increasing from 8.5% to 9.3% year-on-year [3] - Valeo has mitigated tariff risks through localized production, with 90% of products produced in Mexico meeting USMCA regulations, resulting in a minimal net impact from U.S. tariffs [4] Group 2 - Lear is increasing factory automation and significantly cutting jobs to alleviate tariff impacts, reporting a 9% year-on-year decline in adjusted net profit to $188 million [7] - Schaeffler's net profit dropped by 83.5% year-on-year to €43 million due to weak demand in Europe and China, as well as U.S. tariffs, with total debt increasing by 32% to €7.282 billion [7][8] - Ford reported a net loss of $36 million in Q2, primarily due to over $800 million in tariffs, highlighting the burden of tariff costs on OEMs [8]
关税压顶？国际零部件巨头：转嫁！转嫁！
Zhong Guo Qi Che Bao Wang·2025-08-12 01:02