来源：21世纪经济报道 全球第四大汽车巨头，突然爆雷！ 当地时间2月6日，全球第四大汽车制造商Stellantis集团（STLA.US）美股开盘后股价大幅下挫，盘中一 度跌超26%，截至收盘跌23.79%。此前，该公司在法国市场的股价（STLAP.PA）一度暴跌近30%，当 日收跌25.24%。 222亿欧元的组成主要分为三部分：其中147亿欧元用于根据客户偏好重新调整产品计划及美国新排放法 规，主要反映了对纯电动车产品的预期大幅降低。21亿欧元与电动汽车供应链规模调整相关，涉及电池 制造能力的合理化措施。另有54亿欧元，涉及公司运营的其他变动，其中41亿欧元为通胀上升和质量恶 化导致的合同保修估算变更，13亿欧元的其他费用为欧洲扩大地区裁员相关。 Stellantis首席执行官安东尼奥·菲洛萨在声明中表示，此次计提的巨额支出，主要缘于公司此前高估了能 源转型的推进速度，导致产品布局偏离了消费者的实际需求、消费能力与市场意愿，同时也反映出过往 运营执行层面的问题，而新管理团队正逐步解决这些遗留问题。 菲洛萨强调，未来Stellantis仍将坚守电动汽车研发前沿，但电动化转型节奏将"由市场需求而非主观规 划主导 ...

Core Viewpoint - Stellantis, the world's fourth-largest automotive manufacturer, has reported significant financial losses and announced substantial transformation costs, leading to a sharp decline in its stock prices [1] Group 1: Financial Performance - Stellantis announced a massive transformation expenditure of $26 billion (approximately €22.2 billion or ¥180.4 billion) [1] - The company anticipates a preliminary loss of €19 billion to €21 billion (approximately ¥155 billion to ¥172 billion) for the second half of 2025 [1] Group 2: Market Reaction - Following the announcement, Stellantis's stock price fell over 26% during intraday trading, closing down 23.79% in the U.S. market [1] - In the French market, Stellantis's shares experienced a nearly 30% drop, ultimately closing down 25.24% [1] Group 3: Company Background - Stellantis is a multinational automotive manufacturer formed by the merger of France's PSA Group and Italy-American Fiat Chrysler Automobiles (FCA), owning 14 brands including Jeep, Maserati, Peugeot, and Citroën [1]

Core Viewpoint - Stellantis, the world's fourth-largest automotive manufacturer, has faced a significant stock price drop due to a massive restructuring charge of $26 billion, reflecting challenges in its energy transition strategy and operational execution [1][2][4]. Group 1: Financial Impact - Stellantis announced a restructuring charge of $26 billion (approximately €22.2 billion or ¥180.4 billion), primarily due to a reassessment of its electric vehicle product plans and operational issues [2]. - The company anticipates a loss of €19 billion to €21 billion (approximately ¥155 billion to ¥172 billion) in the second half of 2025, leading to the suspension of dividends for 2026 [4]. - Stellantis plans to raise up to €5 billion through hybrid bond issuance to maintain its balance sheet amid these losses [4]. Group 2: Strategic Adjustments - The restructuring charge includes €14.7 billion for adjusting product plans and compliance with new U.S. emissions regulations, reflecting a significant reduction in electric vehicle expectations [2]. - Stellantis will sell a 49% stake in its Canadian battery joint venture with LG Energy, fully exiting the project as part of its strategic contraction [4]. - The company is increasing its investment in the U.S. market, with a plan to invest $13 billion (approximately ¥90 billion) over the next four years, creating 5,000 new jobs [5]. Group 3: Market Position and Future Outlook - Stellantis aims to align its electric vehicle transition with market demand rather than aggressive internal targets, indicating a shift in strategy [3]. - The company has seen its market share in the U.S. rise to 7.9% by the second half of 2025, while maintaining a strong position in the expanded European market [5]. - Stellantis expects overall sales to return to positive growth in 2025, providing a foundation for its strategic adjustments [5].

计提超1800亿元巨额转型支出 CEO：高估了能源转型的推进速度 当地时间2月6日，Stellantis宣布计提260亿美元（约合222亿欧元，1804亿元人民币）巨额转型支出。 每日经济新闻消息，全球第四大汽车巨头，突然爆雷！ 当地时间2月6日，全球第四大汽车制造商Stellantis集团（STLA.US）美股开盘后股价大幅下挫，盘中一度 跌超26%，截至收盘跌23.79%。此前，该公司在法国市场的股价（STLAP.PA）一度暴跌近30%，当日收跌 25.24%。 | | | Stellantis | | | | | --- | --- | --- | --- | --- | --- | | | | STLA US 空 | | | | | 昌 7.260 | 7.450 昨收 9.540 量比 5.13 | | | | | | 代 | 7.030 4.68% | | 市值 209.72亿 换 | | | | -2.280 -23.90% 开 | 7.160 市盈™ 亏损 额 6.72 Z | | | | | | 同在版 帮 能 | 异动解读: 计提巨额费用+股息暂停+电动车... ● × | | | | | ...

Core Insights - Automakers are reducing their advertising presence during the Super Bowl due to uncertainties in the U.S. automotive industry, including sales and regulations [1][2] - The percentage of Super Bowl ad minutes occupied by automakers has significantly decreased from 40% in 2012 to just 7% by 2025 [2] Advertising Trends - The average cost for a 30-second Super Bowl ad is approximately $8 million, leading many automakers to allocate their advertising budgets elsewhere [5] - Automakers are increasingly focusing on live sports advertising, representing about 60% of their spending in this area, while shifting away from national advertising [4] Company Strategies - Stellantis plans to spread its marketing efforts throughout the year rather than concentrating on the Super Bowl, focusing on the 250th anniversary of the U.S. and a social media campaign for Jeep [5] - Nissan is experimenting with social media advertising instead of traditional Super Bowl ads, promoting a fictional product related to its Nissan Rogue SUV [6][7] - Honda is prioritizing Olympic sponsorships over Super Bowl advertising, aiming to leverage the broader storytelling opportunities presented by the Olympics [8][9] Upcoming Super Bowl Ads - General Motors is expected to use the Super Bowl to launch its Cadillac F1 team, although it has not prereleased its ad [10] - Toyota plans to air two 30-second ads focused on family connections during the Super Bowl [10][11] - Volkswagen is reviving a well-known 1990s campaign for a new generation, featuring a 30-second Super Bowl spot with its vehicles [11]

Core Viewpoint - The Automotive Cells Company (ACC), supported by Stellantis, has decided to halt plans for constructing gigafactories in both Italy and Germany, as reported by the Italian metalworkers' union UILM [1] Group 1 - ACC has communicated to unions about the shelving of its gigafactory plans [1] - The decision affects proposed sites in Italy and Germany [1]

Core Viewpoint - Stellantis, the world's fourth-largest automaker, has paused its electric vehicle (EV) business expansion due to multiple pressures including changing global EV market demand, rising cost pressures, and increased competition, leading to a significant stock price drop of over 20% [2][4]. Group 1: Financial Adjustments - Stellantis announced a comprehensive restructuring of its business, resulting in a total asset write-down of €22.2 billion [2][4]. - The majority of the write-down, amounting to €14.7 billion, is allocated for adjusting product plans to align with customer preferences and new U.S. emission regulations, reflecting a substantial reduction in expectations for pure electric vehicle products [4][6]. - Additional write-downs include €2.1 billion related to adjustments in the EV supply chain and €5.4 billion in other costs, with €4.1 billion linked to increased warranty reserves due to quality issues and €1.3 billion related to restructuring costs in Europe [4]. Group 2: Business Strategy Changes - Stellantis is systematically reducing its electric vehicle business footprint, including exiting its joint venture with LG Energy Solution in Canada, where LG will acquire Stellantis's 49% stake in NextStar Energy [7][9]. - The company has also discontinued several pure electric vehicle models, including halting production of the RAM 1500 electric pickup in the U.S. and delaying the Alfa Romeo electric vehicle project in Europe [10]. Group 3: Market Context and Competitor Actions - Stellantis is not alone in scaling back its EV business; Ford also announced a reduction in its electric vehicle plans, which is expected to result in a $19.5 billion loss, including the cessation of the F150 Lightning electric pickup production [11]. - Stellantis anticipates a loss of approximately €19 billion to €21 billion in the second half of 2025, prompting the suspension of its 2026 dividend and plans to raise up to €5 billion through hybrid bond issuance to maintain its balance sheet [12]. Group 4: Sales Performance and Projections - In 2024, Stellantis sold 2.4215 million vehicles in Europe, marking a decline of 5.99% compared to the previous year, and expects a 3% decrease in U.S. sales for 2025, projecting sales of 1.2603 million vehicles [14]. - The company aims for a low single-digit percentage growth (5%-7%) in net income and a low single-digit growth (1%-4%) in adjusted operating profit margin for 2026 [13].

Group 1 - Stellantis, the world's fourth-largest automotive manufacturer, experienced a significant stock price drop, with a decline of 23.79% in the US market and 25.24% in the French market on February 6 [1][2] - The company announced a massive restructuring charge of $26 billion (approximately €22.2 billion or ¥180.4 billion), primarily due to overestimating the pace of energy transition and misalignment with consumer demand [3][4] - The restructuring charge consists of three main components: €14.7 billion for product plan adjustments and new emission regulations, €2.1 billion related to electric vehicle supply chain adjustments, and €5.4 billion for other operational changes [4] Group 2 - Stellantis anticipates a loss of €19 billion to €21 billion (approximately ¥155 billion to ¥172 billion) in the second half of 2025, leading to the suspension of dividends for 2026 and plans to raise up to €5 billion through hybrid bond issuance [6][7] - The company is scaling back its electric vehicle business, including the cancellation of the Ram 1500 electric pickup, while simultaneously increasing investments in the US market, with a planned investment of $13 billion (approximately ¥90 billion) over the next four years [7] - Stellantis has improved its market share in the US to 7.9% by the second half of 2025 and maintains a strong position in the European market, indicating a recovery in overall sales [8]

转自：成都发布 司机朋友注意！ 近日 国家市场监督管理总局 发布最新车辆召回通告 具体如下 一汽-大众汽车有限公司召回部分国产奥迪Q2L汽车 日前，一汽-大众汽车有限公司根据《缺陷汽车产品召回管理条例》和《缺陷汽车产品召回管理条例实 施办法》的要求，向国家市场监督管理总局备案了召回计划。 召回编号S2026M0020V：自2026年2月6日起，分批次召回2018年8月2日至2025年1月19日期间生产的部 分国产奥迪Q2L汽车，共计206012辆。 本次召回范围内的部分车辆，由于粘合国产化C柱盖板内外板的结构胶，在长期高温高湿条件下可能发 生水解老化，导致粘结强度下降。极端情况下，C柱盖板的外板可能在行驶中与内板分离脱落，对其他 道路使用者造成危险，存在安全隐患。 一汽-大众汽车有限公司将委托奥迪授权经销商，为召回范围内的车辆免费更换改进后的C柱盖板总成， 以消除安全隐患。因部分车辆之前已更换改进后的零部件，本次召回此部分车辆无需再次更换。 一汽-大众汽车有限公司将通过挂号信、短信等方式通知车主，奥迪授权经销商会根据召回计划主动联 系相关用户并安排免费召回维修事宜。用户可致电一汽-大众汽车有限公司奥迪客户服务 ...

【文/观察者网 熊超然】前不久的世界经济论坛年会上，加拿大总理卡尼高呼"旧世界秩序已死"，振聋 发聩。他此前还强调，中国如今已成为比美国"更可预测"的贸易伙伴。 当地时间2月6日，加拿大工业部长梅拉妮·乔利（Mélanie Joly）在接受彭博社采访时表示，加拿大政府 正努力争取一家中加合资汽车制造厂落户加拿大，该厂将生产电动汽车并出口全球。她提到，包括麦格 纳国际公司（Magna International）、利纳马公司（Linamar）和马丁瑞国际公司（Martinrea International）等加拿大汽车零部件公司已在中国开展业务，并可能参与在加拿大建立合资组装厂。 "我们相信，这些优秀的加拿大企业可以与中国电动汽车公司合作，共同打造一款加拿大-中国汽车，并 将其出口到世界各地。"她说道。 彭博社认为，加拿大政府向中国汽车制造商的"示好"（overtures），标志着政策立场的转变。此前，加 拿大一直寻求降低对美国汽车市场的依赖，并建立更强大的本土汽车产业。 就在前一天（2月5日），卡尼宣布了一项大规模激励计划，将提供数十亿加元的财政补贴、税收减免等 激励措施，提振该国汽车行业。此举也被外媒解读为 ...