Core Viewpoint - Mercedes-Benz has firmly denied rumors of outsourcing engine production to BMW, emphasizing its commitment to in-house development of its new modular engine series, FAME, which meets stringent emission standards [3][5][10]. Group 1: Engine Development and Strategy - The FAME (Familie der Amodularen Motoren) series includes a comprehensive range of engines from four to twelve cylinders, designed to comply with the latest Euro 7, National 7, and US regulations [3][10]. - Mercedes-Benz aims to maintain its engine production entirely in Stuttgart, reinforcing its brand identity and commitment to high-quality engineering [5][10]. - The company plans to introduce a new V8 engine that meets the strictest emission regulations while retaining the V12 engine in its product line, showcasing confidence in its internal combustion engine technology [10][11]. Group 2: Competitive Landscape - The rivalry between Mercedes-Benz and BMW has persisted for over a century, with both brands maintaining unique identities in automotive manufacturing [7][14]. - Recent developments in interior design technology have seen both companies competing for innovation, with Mercedes-Benz introducing a large touchscreen interface in the new GLC, while BMW employs a "panoramic vision" display in the iX3 [6][9]. Group 3: Future Collaboration and Industry Trends - The automotive industry is witnessing a trend towards collaboration in non-core technology areas, as companies face high R&D costs and rapid technological advancements [14][16]. - Mercedes-Benz and BMW have formed partnerships in China to develop charging networks and electric vehicle production, indicating a shift towards cooperative strategies among traditional competitors [16].

Core Insights - Hakan Samuelsson, at 74 years old, has returned as CEO of Volvo Cars, raising expectations for the company's future direction [2] - The launch of the new XC70 model in Chengdu highlights Volvo's commitment to the Chinese market and its strategic importance [2][8] Company Strategy - Samuelsson's return was prompted by an invitation from Geely's chairman, and he aims to focus on growth over the next two years [2] - Volvo is facing significant challenges in a rapidly changing automotive market, particularly with increasing competition from new entrants [3][8] - The company plans to concentrate on core markets: China, North America, Europe, and Asia-Pacific, tailoring strategies to each region's unique demands [4][8] Financial Performance - Volvo's Q2 2025 financial report showed revenues of 93.5 billion SEK, down from 101.5 billion SEK year-on-year, with a negative EBIT of 10 billion SEK and a -10.6% operating margin [4] - Vehicle sales in Q2 decreased by 12% year-on-year, indicating a tough period for the company [4] Electrification Strategy - Volvo's electrification strategy remains intact, aiming for 50% of sales to be fully electric by 2025, but has been adjusted to target 90-100% for new energy vehicles by 2030 [5][6] - The XC70 is positioned as a key model in this strategy, being the first plug-in hybrid built on the new SMA architecture, designed specifically for the Chinese market [5][6] Market Dynamics - The global automotive market is experiencing a slowdown in electrification progress due to uneven charging infrastructure and high costs of electric vehicles [6][7] - Competitors, including new entrants in China, are also shifting strategies, indicating a broader trend in the industry [7] Growth Focus - Samuelsson emphasizes the importance of growth, particularly in the Chinese market, which is seen as the most competitive globally [8][9] - The XC70's global launch, initially intended for China only, reflects a strategic pivot to leverage growth opportunities in Europe as well [8][10]

在所涉岗位中，产品共创中心包括整车项目管理、造型设计、成本工程、采购等岗；项目中心包括内外 饰开发、底盘开发、动力热管理开发、智能座舱开发、智能辅助驾驶开发等岗；苏州研究院包括精品设 计及CAD、造型CAS等岗；国内营销中心包括品牌及创意、体验及区域营销、产品企划、公关传播、 新媒体运营等岗。 值得一提的是，奇瑞捷豹路虎的本次招聘定义为"全球人才招募"，尽管现有招聘岗位的工作地点全部位 于国内，但也不排除未来扩展国际业务、增加海外岗位的可能。 FREELANDER神行者曾是路虎品牌旗下车型，2016年被发现运动版所替代。不过在2024年6月，奇瑞汽 车与捷豹路虎签署战略合作意向书，由双方合资公司奇瑞捷豹路虎将推出并制造一系列电动产品。新电 动车型将基于奇瑞电动化平台打造，并使用捷豹路虎授权的FREELANDER品牌。 【文/观察者网 潘昱辰 编辑/高莘】日前，奇瑞捷豹路虎发布2025 FREELANDER（中文名：神行者）品 牌全球人才招募海报。 具体来看，此次招募涉及四个部门超过30个岗位。其中，产品共创中心、项目中心、国内营销中心均位 于上海，而苏州研究院则位于江苏常熟。 FREELANDER全球人才招募 ...

Core Viewpoint - The European automotive industry is facing a severe crisis due to the EU's strict environmental policies, particularly the 2035 ban on internal combustion engine vehicles, which could lead to significant financial losses for major car manufacturers [2][56]. Group 1: Financial Performance of European Automakers - Major European automakers reported significant profit declines in the first half of 2023, with Mercedes-Benz's net profit down 56%, BMW's down 29%, and Volkswagen's operating profit down 32.8% [4]. - Stellantis faced a staggering net loss of €2.256 billion in the first half of 2023, a stark contrast to its previous profitability [4][5]. - The overall financial struggles are attributed to the lower profitability of electric vehicles compared to traditional fuel vehicles [5]. Group 2: Market Dynamics and Competition - European automakers have been adversely affected by the rising market share of Chinese brands, which have captured over 64% of the Chinese market, leading to a decline in European brands' market presence [9][11]. - The average selling price of fuel vehicles in Europe has decreased, further squeezing profit margins for luxury brands [12]. - The shift to electric vehicles has not compensated for the losses from fuel vehicles, as European manufacturers struggle with the lack of smart technology and competitive pricing [15][19]. Group 3: Challenges from Policy and External Factors - The EU's 2035 ban on fuel vehicles is seen as a potential death knell for the industry, with calls for a reconsideration of this policy to allow for continued sales of fuel vehicles to maintain profitability [56][60]. - The introduction of tariffs by the U.S. has compounded the financial pressures on European automakers, with companies like Porsche and Jaguar Land Rover reporting significant losses due to these tariffs [44][51]. - The EU's environmental regulations, while aimed at reducing carbon emissions, have created a challenging environment for automakers who are already facing financial difficulties [64].

Group 1 - Volvo Cars has launched a new hybrid architecture called Scalable Modular Architecture (SMA) to support its electrification transition alongside the pure electric architecture SPA2 [1] - The SMA architecture will cover vehicle sizes from mid-size to large, with powertrain options including both two-wheel and four-wheel drive [1] - The first hybrid model based on the SMA architecture, the XC70, is set to be released in September, targeting the mid-large SUV segment, with a pure electric range exceeding 200 kilometers under CLTC standards and a price range of 400,000 to 500,000 yuan [1]

Core Viewpoint - Changan Automobile has reported a significant increase in net profit for Q1 2025, with an expected net profit of 1.3 to 1.4 billion yuan, marking a year-on-year growth of 12.26% to 20.89%. However, the company faces challenges in its transformation, particularly with its core brands Deep Blue and Avita, which have incurred substantial losses despite increased sales in 2024 [1][2]. Financial Performance - In 2024, Changan Automobile achieved a revenue of 159.73 billion yuan, a year-on-year increase of 5.58%, but the net profit fell to 7.32 billion yuan, a decline of 35.37% [2][8]. - The operating cash flow for 2024 decreased by 75.58% to 4.849 billion yuan, indicating significant financial pressure [5]. Brand Performance - The core brands, Deep Blue and Avita, reported combined losses exceeding 5.5 billion yuan in 2024, with cumulative losses over the past three years surpassing 14 billion yuan [2][4]. - Deep Blue's revenue in 2024 was 37.23 billion yuan, with a net loss of 1.57 billion yuan, while Avita generated 15.35 billion yuan in revenue but incurred a net loss of 4.01 billion yuan [2][4]. Market Dynamics - Changan's total vehicle sales in 2024 reached 2.684 million units, a 5.1% increase year-on-year, with new energy vehicle sales accounting for approximately 27% of total sales [6][8]. - The company aims to fully electrify its product line by 2025, but as of now, traditional fuel vehicles still dominate revenue, indicating a pressing need for transformation [6][7]. Strategic Developments - The resignation of CEO Wang Jun and the ongoing restructuring with Dongfeng Group signal a potential shift in the company's strategic direction, raising concerns about the future of its new energy initiatives [10][11]. - Changan's overseas sales grew by 49.59% in 2024, while domestic sales declined by 2.14%, highlighting a shift in market focus [7][8].