电动化转型

Search documents
BBA上半年利润齐下跌,原因是什么?
Di Yi Cai Jing· 2025-08-01 00:14
今年上半年,BBA利润延续了去年下降的态势。其中,奥迪是唯一一家营收上涨的车企,而梅赛德斯- 奔驰利润跌幅最大。 在全球经济形势不确定性增加、贸易壁垒上升、市场疲软、转型阵痛等因素下,BBA今年上半年业绩 承压。 今年上半年,BBA利润延续了去年下降的态势。其中,奥迪是唯一一家营收上涨的车企,而梅赛德斯- 奔驰利润跌幅最大。 具体来看,宝马集团上半年营收677亿欧元,同比下降8%,税后净利润同比下降29%至40亿欧元;梅赛 德斯-奔驰营收663.8亿欧元,同比下滑8.6%,税后净利润为26.9亿欧元,同比下滑55.8%;奥迪集团营收 为325.7亿欧元,同比增长5.3%,税后利润为13.46亿欧元,同比下降37.5%。 中国市场降幅较大 销量是影响车企财务状况的关键因素。 BBA在全球市场的销量均有所下降,而中国市场销量降幅最大,这也在一定程度上拖累了它们在全球 市场的表现。宝马、奔驰和奥迪上半年在华销量分别为31.8万辆,29.3万辆和28.8万辆,分别同比下降 15.5%、14%和10.2%。 宝马和奥迪在欧洲等部分市场销量呈现一定的上涨趋势。相比之下,奔驰无论是利润还是销量下降幅度 都较大。奔驰在报告中 ...
奔驰大电池新车,计划采用吉利插混技术|36氪独家
3 6 Ke· 2025-07-31 15:57
Core Viewpoint - Mercedes-Benz is accelerating the localization of its products in China by collaborating with local automaker Geely to develop a new plug-in hybrid vehicle, aiming to enhance its competitiveness in the increasingly heated market for large battery plug-in hybrids [1][3]. Group 1: Collaboration and Strategy - Mercedes-Benz plans to develop a long-range plug-in hybrid vehicle in partnership with Geely, with discussions ongoing regarding the development details [1]. - The collaboration with Geely is seen as a pragmatic choice for Mercedes-Benz to reduce costs and improve efficiency, given the latter's expertise in hybrid technology [2][7]. - Mercedes-Benz has previously engaged in various collaborations with Geely, including the procurement of cockpit solutions from Geely's subsidiaries [1][9]. Group 2: Market Position and Competition - The plug-in hybrid market in China is dominated by local competitors such as BYD and Li Auto, which have developed advanced hybrid technologies that surpass Mercedes-Benz's current offerings [2][3]. - Mercedes-Benz's current plug-in hybrid technology, the P2 parallel hybrid system, is considered outdated compared to the single-gear DHT technologies used by local competitors [3][6]. - In the first half of 2025, Mercedes-Benz's sales of pure electric vehicles declined by 24%, while sales of plug-in hybrid vehicles increased by 34%, indicating a shift in product focus [5]. Group 3: Financial Performance - In the first half of 2025, Mercedes-Benz reported global sales of 1.0763 million vehicles and a net profit of €2.7 billion, with a significant decline in sales in the Chinese market, down over 18% [4]. - Geely's total sales exceeded 1.93 million vehicles in the first half of 2025, with a 30% year-on-year increase, and its new energy vehicle sales surpassed 1 million units, growing by 73% [9]. Group 4: Technological Development - Developing a competitive single-gear DHT technology independently would take Mercedes-Benz approximately 3-4 years, making collaboration with established local players a more immediate solution [6]. - Geely's recent advancements in plug-in hybrid technology, such as the Zeekr 9X, which features an 800V high-voltage system and a pure electric range of 380 km, further solidify its position as a valuable partner for Mercedes-Benz [8].
宝马,突发!
Zhong Guo Ji Jin Bao· 2025-07-31 13:13
【导读】宝马集团上半年销售收入同比下滑8%,净利润同比下降29% 当地时间7月31日,德国宝马汽车集团公布2025年上半年财务业绩,今年上半年销售收入为677亿欧元,同比下降8%;税后净利润为40亿欧元,同比下降 29%。 上半年,宝马集团全球销量超过120万辆,与去年同期基本持平。同时,宝马集团持续推动电动化转型。上半年,宝马全球电动化车型累计交付31.89万 辆,同比增长18.5%。宝马汽车集团交付的车辆中超过四分之一是电动车型,欧洲在纯电动汽车和插电式混合动力汽车的增速方面表现最佳。 宝马集团方面称,其纯电车型的增长主要由i4、iX1与iX车型驱动,而插混车型在欧洲市场表现尤其强劲。 | | | | | | 1. Januar bis | 1. Januar bis | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 2. Quartal 2025 | 2. Quartal 2024 | Veränderung in % | 30. Juni 2025 | 30. Juni 2024 | Veränderung in % | | KON ...
宝马,突发!
中国基金报· 2025-07-31 13:10
【导读】宝马集团上半年销售收入同比下滑 8% ,净利润同比下降 29% 中国基金报记者 李智 当地时间 7 月 31 日,德国宝马汽车集团公布 2025 年上半年财务业绩,今年上半年销售收 入为 677 亿欧元,同比下降 8% ;税后净利润为 40 亿欧元,同比下降 29% 。 | | | | | | 1. Januar bis | 1. Januar bis | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 2. Quartal 2025 | 2. Quartal 2024 | Veränderung in % | 30. Juni 2025 | 30. Juni 2024 | Veränderung in % | | KONZERN | | | | | | | | | Konzernumsatzerlöse | Mio. E | 33.927 | 36.944 | - 8,2 | 67.685 | 73.558 | - 8,0 | | Automobile | Mio. E | 29.443 | 32.070 | - 8,2 | 58. ...
奔驰上半年净利润暴跌55.8%,裁员降本难阻业绩下滑
Sou Hu Cai Jing· 2025-07-31 11:14
Core Viewpoint - Mercedes-Benz Group reported a significant decline in financial performance for the first half of 2025, with sales revenue dropping by 8.6% year-on-year to €72.6 billion and net profit falling by 55.8% to €2.7 billion, marking the worst performance for the same period in five years [2] Financial Performance - Sales revenue for the first half of 2025 was €72.6 billion, down 8.6% compared to the previous year [2] - Net profit for the same period was €2.7 billion, a decrease of 55.8% year-on-year [2] Challenges Faced - The company cited weak global market demand, high costs associated with electrification, and ongoing supply chain issues as key factors impacting performance [2] - Despite a large-scale cost-cutting plan initiated at the beginning of the year, including layoffs of over 10,000 employees and project suspensions, these measures failed to offset the impact of declining sales [2] Market Competition - High-end vehicle sales remained relatively stable, but entry-level models and electric vehicles performed poorly, particularly in the face of intense competition from Tesla and Chinese brands in the European and American markets [2] Profitability Outlook - Currency fluctuations and rising raw material costs further squeezed profit margins [2] - Analysts indicate that the performance decline reflects a broader struggle among traditional automakers amid industry transformation, with market confidence in a short-term recovery for Mercedes-Benz being low [2] - Following the financial report, Mercedes-Benz's stock price fell by 3.5%, with a cumulative decline of over 20% for the year [2] - Industry forecasts suggest that if the consumer environment does not improve in the second half of the year, Mercedes-Benz may face its first annual loss in a decade [2]
大众汽车利润跌近三成下调全年预期 关税、重组与电动化转型冲击阵痛加剧
Xin Lang Cai Jing· 2025-07-31 08:53
来源:新浪财经 近日,大众汽车集团发布的二季度财报显示,公司营业利润暴跌29%至38.3亿欧元,低于市场预期的 38.9亿欧元。 尽管全球交付量227.2万辆,同比增长1.2%,但汽车部门经营现金流同比骤降36.5%。大众财务总监阿尔 诺·安特利茨在声明中坦言:"尽管产品成功,但运营利润减少了三分之一。" 大众汽车在全球市场的表现呈现明显区域分化。上半年全球交付量达440.5万辆,同比增长1.3%。 欧洲和南美市场成为亮点。欧洲市场增长3.3%,南美市场更是暴涨21.1%。第二季度,得益于折扣促销 以及消费者因马斯克政治立场减少购买特斯拉,大众在欧洲的电动车交付量大幅增长73%。 然而,亚太和北美市场却成为大众的痛点。北美地区销量下滑16%,成为大众全球唯二下滑的主要市场 之一。整个亚太市场也表现疲软,下降1.2%。 中国作为大众最大单一市场,上半年销量131.32万辆,同比下滑2.3%。尽管6月单月交付量同比增长9% 释放复苏信号,但难以弥补前几个月的损失。 Stellantis上半年净营收同比下降12.6%至743亿欧元,并面临23亿欧元的亏损。其旗下汽车品牌在北美市 场的出货量预计第二季度同比下降25% ...
半年报|电动化占比超1/4、个性化车型表现抢眼,宝马上半年业绩韧劲足
Zhong Guo Jing Ji Wang· 2025-07-31 08:41
Group 1 - BMW Group reported stable global sales in the first half of 2025, with over 1.2 million units sold, maintaining year-on-year levels despite a complex international trade environment [1] - The high-end and personalized brands, including BMW M, Rolls-Royce, and MINI, showed strong performance, with BMW M achieving a record sales figure of over 106,000 units, a 6.5% increase year-on-year [1] - The chairman of BMW Group emphasized the company's resilience based on three pillars: global presence, innovation capabilities, and attractive product offerings [1] Group 2 - BMW Group's electric vehicle sales (including BEV/PHEV) grew by 18.6% year-on-year, accounting for over 25% of total sales in the first half of 2025 [2] - MINI brand emerged as a benchmark for electrification, with pure electric models making up 34.3% of its sales, contributing to a 17.4% increase in global sales [2] - The company invested over €4 billion in R&D focused on new generation technology clusters, preparing for the launch of over 40 new and updated models by 2027 [2]
电动化占比超1/4、个性化车型表现抢眼,宝马上半年业绩韧劲足
Zhong Guo Jing Ji Wang· 2025-07-31 08:29
Group 1 - BMW Group reported stable global sales in the first half of 2025, with over 1.2 million units sold, maintaining year-on-year levels despite a complex international trade environment [1] - The high-end and personalized brands, including BMW M, Rolls-Royce, and MINI, showed strong performance, with BMW M achieving a record sales figure of over 106,000 units, a 6.5% increase year-on-year [1] - The chairman of BMW Group emphasized the company's resilience, attributing success to three pillars: global presence, innovation capabilities, and an attractive product lineup [1] Group 2 - BMW Group's electric vehicle sales (including BEV/PHEV) grew by 18.6% year-on-year, accounting for over 25% of total sales in the first half of 2025 [2] - MINI brand emerged as a benchmark for electrification, with pure electric models making up 34.3% of its sales, contributing to a 17.4% increase in global sales [2] - The company invested over €4 billion in R&D focused on new generation technology clusters, preparing for the launch of over 40 new and updated models by 2027 [2]
大众汽车集团上半年营业利润暴跌33% 下调全年业绩展望
Cai Jing Wang· 2025-07-31 04:17
Core Insights - Volkswagen Group reported its H1 2025 financial results, showing revenue of €158.4 billion, nearly flat year-on-year, but a significant decline in operating profit by 33% to €6.7 billion and a post-tax profit drop of over 38% to €4.47 billion, falling short of market expectations [1][3][5] Financial Performance - Revenue for H1 2025 was €158.4 billion, compared to €158.8 billion in the same period last year [3] - Operating profit decreased by approximately 33% to €6.7 billion from €10 billion year-on-year [3] - Post-tax profit fell over 38% to €4.477 billion [3] Factors Affecting Performance - A key factor for the profit decline was the new import tariffs imposed by the U.S. government on electric vehicles and components, resulting in an additional cost burden of €1.3 billion for the group [3][5] - The company is undergoing a major restructuring and has set aside €700 million for restructuring provisions related to Audi, Volkswagen passenger cars, and its software division Cariad, along with costs associated with CO2 emission regulations [5] Cash Flow Situation - The net cash flow for H1 2025 was -€8.39 billion, worsening from -€7.05 billion in the previous year [7] - Automotive net cash flow turned negative at -€1.35 billion, down from a positive inflow of €367 million in the same period last year [7] - As of June 30, the group's cash and cash equivalents stood at €34.8 billion [7] Sales Performance - Volkswagen Group sold 4.363 million vehicles globally in H1 2025, a 0.5% increase year-on-year [9] - Sales of pure electric vehicles surged by 46.7% to 465,000 units, accounting for 10.6% of total deliveries, up from 7.3% in the previous year [9][10] - Regional sales showed mixed results, with Europe and other regions growing by 3.3%, while North America saw a decline of 6.9%, and China experienced a 2.3% drop in deliveries [12] Strategic Outlook - Despite the decline in sales in China, Volkswagen remains optimistic about long-term growth potential in the Asian market, emphasizing collaboration in key technology areas such as software and battery development [12][13] - The company plans to launch over 20 new smart connected models in China by 2026, with a long-term goal of introducing approximately 50 new energy models by 2030, including around 30 pure electric vehicles [13]
奥迪利润暴跌37.5%!关税重拳与转型阵痛重创德国汽车工业
Hua Xia Shi Bao· 2025-07-31 01:33
德国豪华汽车巨头奥迪(Audi)发布的半年报,为德国汽车工业的上半年定下了灰暗的基调。 财报显示,奥迪2025年上半年实现营业收入325.7亿欧元,同比增长5.3%,但这微弱的增长被利润的断 崖式下滑彻底掩盖。上半年,奥迪营业利润暴跌45.2%至10.87亿欧元,税后利润重挫37.5%至13.46亿欧 元。核心指标营业利润率更是从去年同期的6.4%腰斩至仅剩3.3%,净现金流也萎缩至9亿欧元(同期为 11.3亿欧元)。 奥迪的惨淡业绩绝非个例,也代表着整个德国汽车工业在2025年上半年所面临的严峻挑战。美国单边加 征关税带来的巨额成本冲击,与向电动化、智能化转型所需的巨额投入形成的"双重绞索",正勒紧这些 百年巨头的咽喉。 转型成本与关税冲击下的利润崩塌 奥迪的业绩滑坡绝非孤立事件,而是多重因素交织的必然结果。首当其冲的是美国对欧盟汽车加征关税 带来的直接冲击。自2025年4月起,美国将进口自欧盟的汽车关税从2.5%大幅提高至25%,尽管7月27日 美欧达成新协议将关税降至15%,但上半年的政策空窗期已造成不可逆的损失。 奥迪首席财务官于尔根·里特斯贝格尔坦言,仅美国关税一项就导致公司额外支出超6亿欧元,相当 ...