Summary of Multi-Industry Heatmap: 3Q25 Industry Overview - The report covers various industries, including electrical equipment, discrete automation, mining, semiconductors, trucks, and agriculture equipment, with a focus on the performance trends in these sectors during the third quarter of 2025 [3][5]. Key Insights 1. **Earnings Performance**: Approximately 77% of the companies covered have reported, showing a largely positive trend in orders, margins, and EBITA performance [3]. 2. **Electrical Equipment Strength**: There is continuing strength in electrical equipment volumes, particularly driven by data center demand, with some positive signs in European residential construction [3]. 3. **Mixed Mining Results**: Mining results have been mixed, indicating variability in performance across different companies [3]. 4. **Semiconductor Weakness**: Despite earlier expectations of a turnaround in 2026, there has been observed weakness in the semiconductor sector [3]. 5. **Weakness in Trucks and Agriculture Equipment**: Activity in trucks and agriculture equipment is reported to be very weak, with a noted softening in Europe, which was previously expected only in the US [3]. 6. **Pricing Pressure in the US**: Companies with historically higher margins, such as Legrand, Atlas Copco, VAT, and Schneider, are facing challenges in justifying price increases due to weaker-than-expected pricing power in the US [4]. 7. **Global Heatmap Trends**: The broader global heatmap indicates improving trends in sectors such as autos, general industrial, consumer, rail, and construction in the EU and Americas, while healthcare in China/Asia is experiencing deceleration [5]. Additional Observations - **Sector-Specific Trends**: The report highlights specific sectors showing sequential improvement, including autos, general industrial, and EU healthcare, while marine and oil & gas sectors have turned negative [5]. - **Overall Stability**: The aggregated trends in the EU and US are positive, suggesting a degree of stability in the market, particularly in comparison to the previous quarters [5]. - **Future Monitoring**: The report emphasizes the need to monitor pricing strategies of higher-margin companies to understand their ability to maintain price increases amidst changing market conditions [4]. Conclusion The 3Q25 reporting season reflects a mixed but generally positive outlook across various industries, with specific challenges noted in semiconductors and trucks. The pricing dynamics in the US market warrant close attention as companies navigate inflationary pressures and changing demand patterns.

Market Overview - Stock markets experienced a three-day rally that fizzled out, with benchmark indices Sensex and Nifty ending flat amid choppy trading on November 13, 2025 [1] - The BSE Sensex closed with a slight gain of 12.16 points, or 0.01%, at 84,478.67, while the NSE Nifty rose by 3.35 points, or 0.01%, to 25,879.15 [1][2] Sector Performance - Among the gainers in the Sensex pack were Asian Paints, ICICI Bank, PowerGrid, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, Sun Pharmaceuticals, Maruti Suzuki India, Axis Bank, UltraTech Cement, and HCL Technologies [2] - Conversely, laggards included Tata Motors' commercial vehicles arm, Mahindra & Mahindra, Tata Steel, Bharat Electronics Ltd, Tata Motors Passenger Vehicles, Trent, Tata Consultancy Services, Hindustan Unilever, and Infosys [3] Economic Indicators - The market sentiment was positively influenced by the signing of a short-term funding bill by Trump to end the U.S. government shutdown and hopes for tariff relief for India [4] - Record-low October inflation figures reinforced expectations of an interest rate cut by the Reserve Bank of India (RBI), making rate-sensitive sectors like metals and realty attractive to investors [5] Foreign Investment Trends - Foreign institutional investors were net sellers for the third consecutive day, offloading equities worth ₹1,750.03 crore, while domestic institutional investors purchased stocks worth ₹5,127.12 crore [7] - The previous day, the BSE Sensex had rallied by 595.19 points, closing at 84,466.51, and the NSE Nifty climbed 180.85 points to close at 25,875.80 [7]

Nissan Motor is considering a joint vehicle and powertrain development with Honda Motor in the United States, Nissan CEO Ivan Espinosa told the Nikkei business daily on Thursday. ...

报告来源 以上内容节选自国泰海通证券已发布的证券研究报告。 报告名称： 10月乘用车批发价格趋稳，价格竞争持续降温；报告日期：2025.11.13 报告作者： 刘一鸣（分析师），登记编号：S0880525040050 张觉尹（分析师），登记编号：S0880525040057 潘若婵（研究助理），登记编号：S0880125042232 重要提醒 本订阅号所载内容仅面向国泰海通证券研究服务签约客户。因本资料暂时无法设置访问限制，根据《证 券期货投资者适当性管理办法》的要求，若您并非国泰海通证券研究服务签约客户，为保证服务质量、 控制投资风险，还请取消关注，请勿订阅、接收或使用本订阅号中的任何信息。我们对由此给您造成的 不便表示诚挚歉意，非常感谢您的理解与配合！如有任何疑问，敬请按照文末联系方式与我们联系。 报告导读： 10 月乘用车市场价格竞争持续缓和，行业内部结构性分化加剧。我们维持行 业"增持"评级。 10月市场整体延续价格企稳态势，价格竞争持续降温。 根据大搜车智云公众号发布的10 月新车批发价格分析报告， 2025 年 10 月乘用车市场平均折扣率 为 18.5% ，环比下降 0.3% ，平均批发价格环比 ...

【#小米汽车发布YU7车身安全详细内容#】@小米汽车 发文称：小米汽车始终坚持：安全是前提、安 全是基础、安全是一切。小米YU7车身安全理念：硬-用料扎实；软-高效吸收碰撞能量，以达到对乘员 舱充分、有效的保护。关于YU7车身安全的详细内容，大家可以仔细看看。 ...

Ford Motor Co. (NYSE:F) CEO Jim Farley has reiterated the importance of skilled technicians for the automotive industry in the U.S. and lamented a shortage of workers in the U.S.Check out the current price of F here.‘5,000 Openings, $120,000/Year'Speaking at an appearance on the Office Hours: Business Edition podcast on Wednesday, Farley shared the importance of skilled workers for the U.S. economy. "We are in trouble in our country," Farley said, adding that the U.S. currently has over a million openings i ...

Core Viewpoint - Toyota Motor Corporation plans to invest US$ 10 billion in its US operations over the next five years, reinforcing its commitment to the US market as part of trade negotiations with the US government [1][4] Investment Details - The new investment will increase Toyota's total investment in the US to US$ 60 billion since its establishment in the country approximately 70 years ago [2] - Currently, Toyota employs around 50,000 people in the US across 11 manufacturing plants and has produced over 35 million vehicles in the country [2] Battery Plant Opening - The announcement coincided with the opening of Toyota's first overseas electric vehicle battery plant in North Carolina, which involved an investment of US$ 13.9 billion [3] - The new facility, Toyota Battery Manufacturing North Carolina (TBMNC), is dedicated to producing lithium-ion batteries for battery electric vehicles and hybrid vehicles, and is expected to employ about 5,100 people at full production [3] Strategic Approach - Toyota's new battery plant is part of its 'best-company-in-town approach,' focusing on local investment and production while contributing to the local community [4] - Tetsuo Ogawa, president and CEO of Toyota Motor North America, emphasized that the investment marks a pivotal moment in the company's history and reinforces its commitment to various stakeholders [4]

This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Honda Motor Co. cut its profit forecast for the year ending March 31, 2026 after posting a 24.8% drop in second-quarter operating profit blaming one-off expenses related to electric vehicles, semiconductor shortages and U.S. tariffs. The company cut its operating profit forecast for 2026 by 21% to 550 billion yen ($3.65 billion) from 700 billion yen and has cut its 2030 gl ...

The race is on to capture a slice of the autonomous ride-hailing opportunity.According to a forecast earlier this year from Cathie Wood's Ark Investment Management, autonomous vehicles could create a $10 trillion opportunity for the ride-hailing industry over the long term. Tesla (TSLA 2.15%) is one of the firm's top picks to lead the autonomous revolution, because of its self-driving robotaxi called the Cybercab, which is scheduled to enter mass production in 2026.Tesla plans to build a ride-hailing networ ...

新浪科技讯 11月13日下午消息，11月12日，有多名网友发布视频显示，湖南张家界天门山国家森林公 园景区，一辆汽车在"天梯"上进行爬台阶挑战，结果却从台阶上溜下，还撞坏了天梯护栏。 昨日深夜，奇瑞汽车发布致歉声明。奇瑞汽车表示，经初步调查核实，此事故的直接原因是，测试装置 的安全防护绳固定点卸扣意外脱落，进而导致防护绳缠绕右侧车轮，动力输出受阻，车辆下滑撞击护 栏。并表示，对于此次测试造成的天门山场地损失，承诺全力修复并承担赔偿责任。 对此，《BUG》栏目致电天门山国家森林公园，景区工作人员回应称："天梯线路今天已经正常开 放。"关于此前被奇瑞汽车撞坏的护栏，对方表示："已经做好了安全措施。"至于为何奇瑞新车能够开 上天门山？上述工作人员解释称："这是我们公司与车企合作的一次天梯挑战活动，今天已经不影响游 客正常游览了。" 责任编辑：何俊熹 公开资料显示，天门山"天梯"全长近300米，垂直落差150米，共有999级台阶，是通往天门洞的主要途 径。有网友认为，"把价格打下来，把质量做好，没有多少人开车去爬楼梯，消费者要的不是这种。"还 有网友质疑，"奇瑞做这个测试和之前始祖鸟炸山不是差不多么？" ...