韩国总统办公室：我们要求12.5%的汽车关税，但特朗普坚持汽车关税为15%。 ...

Group 1 - Mercedes-Benz's stock price has dropped by 3.19%, with its market capitalization falling below €50 billion [1] - The company's net profit for the second quarter has plummeted by 69% to €957 million [3] - Revenue for the second quarter was €33.15 billion, a year-on-year decline of 9.8%, while EBIT fell by 68.56% to €1.27 billion compared to €4.04 billion in the same period last year [4] Group 2 - The company has warned that tariffs have negatively impacted sales of both cars and trucks, leading to a significant decrease in expected annual revenue compared to last year [5] - A recent agreement between the U.S. and the EU has reduced tariffs on cars exported from Europe to the U.S. from 27.5% to 15%, but this is still significantly higher than the 2.5% tariff level during Biden's term [5] Group 3 - Mercedes-Benz is undergoing a reduction in its dealership network in China, with multiple 4S stores closing down [6] - Complaints from customers indicate issues with service fees and appointment availability at remaining dealerships, highlighting operational challenges [8] - The company's sales in China have decreased by 19% to 140,400 units in the second quarter, contributing to a 7% decline in overall sales for 2024 [9]

老牌豪华车，卖不动了！ 7月30日下午消息，最新披露的数据显示，第二季度，梅赛德斯-奔驰集团（以下简称"奔驰集团"）的净 利润同比暴跌69%至9.57亿欧元。该集团表示，由于关税打击汽车销售，预计2025年全年的营收将大幅 低于去年。 第二季度，奔驰汽车的销量同比下降9%至45.37万辆。其中，在中国市场的销量同比下降19%至14.04万 辆。此前，德国豪华跑车制造商保时捷发布的数据显示，上半年，保时捷在全球市场销量同比下降 6.1%至14.64万辆。其中，在中国市场的销量同比下降28%。 与之形成鲜明对比的是，中国品牌乘用车的强势崛起。据中国汽车工业协会统计分析，2025年1—6月， 中国品牌乘用车共销售927万辆，同比增长25%，占乘用车销售总量的68.5%，销量占有率比上年同期提 升6.6个百分点。 奔驰集团净利暴跌69% 当地时间周三，奔驰集团发布的财报显示，由于销量下降，其第二季度净利润同比暴跌69%至9.57亿欧 元，大幅低于市场预期的12.9亿欧元，这突显出该汽车制造商全球业务面临的压力越来越大。 第二季度，奔驰集团收入为331.5亿欧元，同比下跌9.8%，市场预估332.3亿欧元；息税前利润同 ...

日本谈判代表赤泽亮正表示，汽车关税已经对汽车出口价值造成打击。 ...

Group 1 - The core agreement between Japan and the US involves reducing tariffs on Japanese imports to 15%, with Japan committing to invest $550 billion in the US, which is expected to create tens of thousands of jobs in America [2][3][4] - The agreement specifically lowers the tariff on Japanese cars from 27.5% to 15%, which includes a 12.5% tariff on cars and a 2.5% base tariff [5][6] - Japanese automakers, including Toyota and Honda, are expected to benefit significantly from this agreement, with a reduction in tariff burden from approximately 3.47 trillion yen to 1.89 trillion yen [6][7] Group 2 - The agreement has led to a surge in Japanese automotive stocks, with the Tokyo Stock Exchange indices reaching historical highs following the announcement [6][7] - Japanese automakers are planning to expand their operations in the US, with companies like Isuzu and Toyota announcing new investments and factory expansions [7][8] - The US automotive industry, particularly the Detroit automakers, has expressed dissatisfaction with the agreement, arguing that it favors Japanese imports over North American-made vehicles [8][9] Group 3 - The agreement is seen as a potential template for future trade negotiations, with other countries like the EU and South Korea accelerating their discussions with the US regarding automotive tariffs [9]

Core Viewpoint - The U.S. is reducing the import tariff on Japanese cars from 27.5% to 15%, which will alleviate the financial burden on Japanese automakers, estimated to decrease by approximately 1.6 trillion yen for seven major companies [2][4]. Group 1: Tariff Changes and Financial Impact - The tariff on Japanese cars was raised to 27.5% earlier this year, but is now being reduced to 15%, providing some relief to Japanese automakers [2]. - The total tariff burden for seven major Japanese car manufacturers will decrease from 3.47 trillion yen to 1.89 trillion yen, leading to a reduction in operating profit decline from 47% to 25% for the fiscal year 2024 [4]. - Specific impacts on individual companies include Toyota's burden decreasing from 1.6 trillion yen to 872 billion yen, Honda from 560 billion yen to 305 billion yen, and Nissan from 470 billion yen to 256 billion yen [4]. Group 2: Strategic Adjustments by Japanese Automakers - Japanese automakers are restructuring their supply chains to mitigate tariff impacts, with Honda shifting production of its "CIVIC" hybrid model from Japan to the U.S. [4]. - Subaru and Mazda, which rely heavily on imports, are expected to avoid severe operational crises due to the tariff adjustments [4]. - Companies are also considering price increases to absorb some of the tariff costs, with Toyota raising vehicle prices by an average of $270 starting in July [6]. Group 3: Challenges and Market Conditions - Despite the tariff reduction, Japanese automakers face ongoing challenges, including inflation and potential declines in car sales due to consumer sentiment [7]. - The high tariff rate of 15% is expected to become the new normal, making it essential for companies to enhance local production and efficiency [7][8]. - The competitive landscape in the U.S. market is becoming increasingly difficult for Japanese automakers, especially with the rise of domestic manufacturers in China [8].

Core Viewpoint - LG Energy Solution (LGES) reported a significant turnaround in its financial performance for Q2, achieving a net profit of 91 billion KRW (approximately 470 million RMB) compared to a net loss of 24 billion KRW in the same period last year, driven by increased demand and strategic adjustments in response to U.S. tariffs [2][3]. Financial Performance - In Q2, LGES's operating profit surged by 152% to 492.2 billion KRW (approximately 2.56 billion RMB), marking a return to profitability after five consecutive quarters of losses [2]. - The company's revenue for Q2 decreased by 11.2% quarter-on-quarter to 5.565 trillion KRW (approximately 28.9 billion RMB) and fell by 9.7% year-on-year [6]. Market Dynamics - The ongoing U.S. tariff policies have created favorable conditions for Korean and Japanese battery manufacturers, as they limit the market share of Chinese battery companies in the U.S. [3]. - LGES plans to accelerate the establishment of production bases in North America to meet the anticipated demand for energy storage systems (ESS), with a target to expand annual ESS battery production capacity to 17 GWh by the end of the year [3]. Strategic Developments - LGES has entered into a supply agreement with Chery to provide 8 GWh of cylindrical batteries for European electric vehicle models, marking a significant collaboration between a Korean battery manufacturer and a Chinese automaker [3]. - The company is set to begin production of lithium iron phosphate (LFP) batteries for ESS applications a year earlier than initially planned, starting in 2025 [3]. Challenges and Risks - The electric vehicle market is facing pressures due to the impending termination of a $7,500 tax credit for new vehicles and rising macroeconomic pressures, which may impact sales for LGES's key customers like General Motors and Tesla [4]. - LGES's battery usage has declined by 13.3% year-on-year in the first five months of the year, particularly in the European market, reflecting broader market challenges [5]. - The company's market share has decreased from 13.5% in 2023 to 10.8% in 2024, with further decline to 10% in the first five months of the year, indicating increasing competition from companies like CATL and BYD [5].

Core Viewpoint - The U.S. is reducing the automobile import tariff on Japan from 27.5% to 15%, which will alleviate the financial burden on Japanese automakers, but the high tariff level is expected to become a new norm, limiting future growth prospects [1][3][7]. Group 1: Tariff Changes and Financial Impact - The estimated reduction in tariff burden for seven major Japanese automakers is approximately 1.6 trillion yen, down from a previous burden of 3.47 trillion yen [3][4]. - The impact on operating profit for these companies is expected to decrease from a 47% drop to a 25% drop for the fiscal year 2024 [3]. - Specific companies like Toyota, Honda, and Nissan will see their tariff impacts reduced significantly, with Toyota's burden decreasing from 1.6 trillion yen to 872 billion yen [3][4]. Group 2: Supply Chain Adjustments - Japanese automakers are restructuring their supply chains to mitigate tariff impacts, with Honda moving production of its Civic hybrid model to the U.S. [4]. - Mitsubishi Motors, lacking a factory in the U.S., will rely on Nissan for OEM production [4]. Group 3: Local Market Reactions - U.S. manufacturers, including General Motors, express dissatisfaction with the tariff reduction, arguing it undermines American industry and labor [6]. - Despite the tariff reduction, Japanese automakers may still face challenges in maintaining competitiveness without price increases, as inflation continues to affect consumer behavior [7]. Group 4: Long-term Outlook - The high tariff rate of 15% is expected to persist, leading to a need for Japanese automakers to enhance local production and operational efficiency [7][8]. - The competitive landscape in the U.S. market is becoming increasingly challenging for Japanese automakers, especially with the rise of domestic manufacturers in China [8].

Group 1 - The U.S. Treasury Secretary discussed the overall relationship with Japan, indicating that the 15% tariff on Japanese automobiles represents a different category of agreement [1] - Japan has proposed an innovative solution regarding the 15% automobile tariff [2] - Japan's approach includes partnerships, equity, and credit guarantees, which facilitated the acquisition of the 15% tariff through an innovative financing mechanism [3] Group 2 - Japan's foreign direct investment commitments are entirely new capital [4]

Core Viewpoint - The U.S. Treasury Secretary, Janet Yellen, highlighted Japan's innovative capabilities in the context of the EU's potential 15% automotive tariff [1] Group 1 - The discussion revolves around the EU's consideration of a 15% tariff on automobiles, which could impact international trade dynamics [1] - Japan is recognized for its innovation in the automotive sector, suggesting a competitive edge in response to potential tariffs [1]