Piper Sandler将福特汽车的目标价从11美元上调至16美元，评级从"中性"上调至"增持"。该行认为，福 特的电动汽车战略支点、与雷诺的合作关系以及对高利润卡车和SUV的重新关注将推动其利润率在2027 年之前继续增长。 ...

鸿华全资收购纳智捷 日经新闻 这预示着富士康在电动汽车领域的转型正在提速，并且为富士康急于拓展的日本车企提供样板。 2020年，富士康与裕隆曾共同成立合资企业鸿华先进科技。该公司目前专注于电动汽车的研发和设计。 交易完成后，该公司将全面利用纳智捷的资产，包括员工、分销渠道、市场营销资源以及遍布中国台湾 的维修保养能力。 富士康称，其将在中国台湾推出Model B电动汽车，并为其命名为Bria，未来新车将不会再以纳智捷品 牌进行命名。 （文/观察者网 张家栋 编辑/高莘） 据《日经亚洲》报道，富士康汽车设计部门在近日宣布，将以7.87亿新台币（约1.76亿元人民币）的价 格收购裕隆集团旗下的纳智捷品牌。 值得关注的是，富士康的这一决定在随后引发了外界对于富士康电动车战略一致性的质疑。此前，富士 康董事长刘扬伟曾多次表示，富士康迄今为止的电动汽车战略主要侧重于为其他汽车制造商提供代工设 计和制造服务（CDMS），他还声称该战略是公司实现电动汽车目标的制胜之道。 富士康Model D车型 日经亚洲 今年5月，富士康还曾与三菱汽车达成合作，并为后者设计与供应电动汽车。 不过，有接近富士康的消息人士称，富士康和鸿华已经 ...

Core Viewpoint - Ford Motor Company warns that profits will significantly decline this year due to the increasing impact of tariffs imposed by President Trump, highlighting major policy shifts in Washington that are disrupting the global automotive industry [1] Tariff Impact - Ford expects adjusted EBIT to drop by up to 36% this year, primarily due to a net tariff impact of $2 billion, which is $500 million higher than previous estimates [1] - The increase in tariffs on steel and aluminum from 25% to 50% has raised costs for Ford, as material suppliers pass on these costs [2] - Ford's CFO indicated that the duration of high tariffs is longer than anticipated, affecting the company's cost structure [2] Competitive Landscape - The trade agreement between the Trump administration and Japan, reducing tariffs from 25% to 15%, gives competitors like Toyota a significant cost advantage over Ford [1] - Ford's production costs for models like the Escape and Bronco are approximately $5,000 and $10,000 higher, respectively, compared to similar models from Toyota [1][2] Financial Performance - Ford's Q2 earnings exceeded Wall Street expectations, with an EPS of $0.37 compared to the expected $0.33, and adjusted EBIT of $2.1 billion, above the anticipated $1.91 billion [3] - The company forecasts adjusted EBIT for the year to be between $6.5 billion and $7.5 billion, with free cash flow expected to be between $3.5 billion and $4.5 billion [3] Business Segments - Ford Blue, covering traditional internal combustion and hybrid vehicles, reported an EBIT of $661 million, down from $1.2 billion year-over-year [4] - The Ford Professional segment's EBIT was $2.3 billion, lower than the previous year's $2.6 billion [5] - The electric vehicle division, Model-e, incurred a loss of approximately $1.3 billion in Q2, exceeding last year's loss of $1.2 billion, with a projected total loss of up to $5.5 billion for the year [5] Future Strategies - Ford plans to announce an updated electric vehicle strategy on August 11, including details about a "breakthrough electric vehicle" [5] - The company sees significant opportunities in the autonomous taxi business, aiming to participate as a service provider in the expanding autonomous vehicle network [5]