11月5日，金龙汽车公告，公司2025年10月客车销量4121辆，同比下降14.71%。其中，大型客车销量同比下滑27.84%，中型客车销量同比上涨60.84%，轻型 客车销量同比下滑34.73%。累计客车销售量为38983辆，同比增长3.23%。 公司当月客车生产量为4608辆，同比减少1.26%；累计生产量为4.08万辆，同比增长6.52%。 | 项目名称 | 本月数 | 去年同月 | 景月同比 | 本年累计 | 去年同期 | 累计 | | --- | --- | --- | --- | --- | --- | --- | | | | | 増減 | | 累计 | 增7 | | 客车生产量 | 4, 608 | 4, 667 | -1.26% | 40, 785 | 38, 289 | 6. 5 | | 其中:大型客车 | 1, 352 | 1, 453 | -6. 95% | 15, 450 | 15, 466 | -0. 1 | | 中型客车 | 1, 472 | 1, 099 | 33. 94% | 7, 260 | 6, 567 | 10. 5 | | 轻型客车 | 1, 784 | 2, 115 ...

盘前市场动向 1.11月5日(周三)美股盘前，美股三大股指期货涨跌不一。截至发稿，道指期货涨0.04%，标普500指数期货跌0.14%，纳指期货 跌0.24%。 | = US 30 | 47,105.90 | 47,230.80 | 46,957.00 | +20.30 | +0.04% | | --- | --- | --- | --- | --- | --- | | = US 500 | 6,762.00 | 6,778.40 | 6,721.00 | -9.70 | -0.14% | | 트 US Tech 100 | 25,375.40 | 25,449.60 | 25,160.40 | -60.30 | -0.24% | 2.截至发稿，德国DAX指数跌0.37%，英国富时100指数涨0.04%，法国CAC40指数跌0.05%，欧洲斯托克50指数跌0.41%。 | 德国DAX30 | 23,857.80 | 23,878.30 | 23,731.74 | -87.84 | -0.37% | | --- | --- | --- | --- | --- | --- | | 瑞 英国富时100 | 9.71 ...

11月5日上午，京东第一辆"国民好车"埃安UT super 1号车在长沙工厂正式下线。这是该款新车首次对外 完整展示外观设计、制造工艺、电池技术及换电过程等细节。 10月14日，京东宣布，今年"11·11"期间，京东联合广汽、宁德时代（300750）将正式推出一款神秘"国 民好车"。根据规划，该车将在京东独家销售。京东调研数据显示，参与调研的用户中，83%期待价格 低于10万元，94%重视大空间与座椅舒适性，99%将安全视为首要考量，96%关注续航与补能效率。 10月23日，京东首款"国民好车"车型名称官宣，名为"埃安UT super"。前一日，京东"国民好车"001号在 京东拍卖平台进行拍卖，超过26万人参与竞拍，竞拍价达到7819万元。 数据显示，新车轴距为2750mm，系全球首款搭载"广汽华为云车机"的新车，倒车遇障碍物可自动刹 停。动力方面，作为首款大规模落地宁德时代巧克力换电私家车，将享有99秒极速换电与500公里长续 航的体验。在售后环节，用户将可依托京东超3000家京东养车门店及超4万家合作门店组成的线下服务 网络。 据介绍，埃安UT super诞生于广汽埃安长沙智能生态工厂，该工厂全面复刻全球 ...

印尼是东南亚最大的汽车市场之一，其中MPV车型在市场上占有重要份额。随着消费者出行需求和市 场结构的变化，当地MPV市场正朝着更加注重节能与多功能方向发展。 该车型为印尼首款提供双动力系统的MPV，分别搭载纯电动(BEV)和插电式混合动力(PHEV)两种版 本，标志着五菱在印尼新能源市场布局迈出重要一步。 （文章来源：中国新闻网） 五菱印尼副总经理阿里夫·普拉马达纳(Arif Pramadana)表示，自2017年进入印尼以来，五菱已陆续推出 多款家用车型。目前，超过8万辆五菱MPV在印尼市场销售。Darion的推出被视为五菱在印尼新能源领 域的又一新产品布局，给当地消费者更多选择。 中新网雅加达11月5日电 (李志全李珂)中国车企五菱5日举行新车发布会，推出印尼首款纯电动与插电式 混合动力MPV——五菱Darion。 据介绍，Darion是一款7座中型MPV，配备电动滑门，由位于西爪哇省的五菱汽车工厂生产。该车型提 供星空黑、霜白、雾灰和兰花紫四种车身颜色，并有四种配置版本。(完) ...

困扰供应商已久的"链"结算方式有望退出舞台。 第一财经从多家中小供应商处获悉，此前车企往往通过"链"与供应商结算，比如比亚迪的"迪链"、长城 汽车的"长城链"。而目前，车企正在逐步改变此类结算方式，转向电汇、商业承兑汇票组合的结算方 式，进一步缩短供应商回款周期。 困扰供应商已久的"链"结算方式有望退出舞台。 "（我们）迪链确实不用了，合同都已经改了。这是（比亚迪）针对中小微企业的，开票额大的供应商 目前还是迪链。"一家供应商告诉第一财经记者。他同时表示，长城链之前也取消了。 有广东地区的汽车零部件供应商告诉第一财经，在今年8月末已经收到了60天账期调整后的第一笔电 汇，且在相关供应合同中修改了结算方式。此前，"链"结算方式的回款周期需要等待超过三个月的时 间。 但也有部分汽车供应商告诉记者，他们目前的结算方式仅从"链"方式改为商业承兑汇票，同样需要等待 一段时间。车灯供应商李云（化名）表示自己很羡慕以现金结算的供应商，并称："正常情况下，供应 商更愿意现金结算，不愿意接受商业承兑汇票，商业承兑汇票结算对比'链'结算，是'换汤不换药'。但 是有一点保障是，商业承兑汇票有法律保障，更透明可信。" 除此以外，也有 ...

何小鹏：明年连发3款无人出租Robotaxi，有人开的L4汽车也来了！ 车东西11月5日消息，就在刚刚，何小鹏在2025年小鹏科技日上官宣了4项重要技术成果。 第二代VLA大模型迎来重磅升级并开源，大众汽车成为首发战略合作伙伴，图灵AI芯片也拿下了大众的定点。 从2019年第一届科技日到现在，小鹏汽车一次次将技术构想变成现实，而这次小鹏汽车把"物理AI"的完整打法清晰呈现在用户眼前。 下一个十年，何小鹏目光坚定，要做物理AI世界的出行探索者、面向全球的具身智能公司。 01.第二代VLA迎来重磅升级，明年1季度开始推送 发布会刚一开始，何小鹏就点明了此次发布会的主题。 2026年小鹏还将推出三款Robotaxi并开启试运营，也将会把无人驾驶出租车的整套L4软硬件给放到家用车型上，推出个人使用的Robo车型。 小鹏新一代人形机器人也走着"猫步"上台了，该产品将在2026年底量产，何小鹏会亲自督产。 ▲小鹏全新一代IRON登台 全球首款量产飞行汽车陆地航母，预计2026年规模化交付。 发布会最后One more thing，何小鹏预告11月6日发布小鹏X9鲲鹏超级增程版。 今年这届科技日是何小鹏口中"最重要的一次" ...

Core Viewpoint - The article highlights the rapid development of intelligent manufacturing in Beijing, showcasing various companies that are leading this transformation and contributing to the city's economic growth through advanced manufacturing technologies [1][2][4]. Group 1: Intelligent Manufacturing Companies - Guanglian Technology Co., Ltd. is a pioneer in the digital construction sector, having launched the AecGPT model and an AI platform to enhance digital transformation in the construction industry [2]. - Beijing Automotive Group's subsidiary, Beijing Off-road, exemplifies intelligent manufacturing with its fully automated factory and comprehensive digital management from material delivery to vehicle assembly [2]. - Beijing Kaiyun United Information Technology Group is a leader in commercial aerospace data cataloging, integrating innovation into Beijing's development strategy [3]. Group 2: Industry Trends and Developments - The number of new energy vehicles in Beijing has reached 1.2 million, nearly tripling since the end of the 13th Five-Year Plan, with production expected to rise significantly in the coming years [4]. - The penetration rate of new passenger cars equipped with Level 2 driving assistance features reached 68.3% in the first half of the year, indicating a strong push towards smart and connected vehicles [5]. - Beijing has established a robust commercial aerospace sector, with 12 out of 21 companies valued over 10 billion yuan located in the city, and over 300 aerospace companies currently operating [6]. Group 3: Policy and Strategic Initiatives - The Beijing Municipal Government is promoting a digital transformation plan for manufacturing, aiming for a 70% CNC rate in key sectors by 2026 and the establishment of numerous smart factories and digital workshops [6]. - The city is also focusing on the integration of smart transportation infrastructure, with over 1,100 testing licenses issued for autonomous vehicles and significant mileage accumulated in autonomous driving [5].

"数千台机器人协同作业，关键工序100%自动化，从物料配送到整车下线实现全链条数字化管理。"这 是北京越野智能工厂的日常，更是北京智能化制造体系最直观的体现。 近期，新京报贝壳财经记者走访调研了广联达科技股份有限公司、北京汽车股份有限公司、北京开运联 合信息技术集团股份有限公司、和利时集团。 以智能制造为代表的先进制造业肩负着中国制造业新旧动能转换的重任，如今智能制造正成为北京制造 行业发展的新名片，更是北京经济"加速跑"的动力引擎。这些企业不仅见证了北京在新能源汽车等智能 制造领域的布局，同时也是撬动北京新经济形态发展的新动能。 技术创新突破，"智造"铸就新制造 广联达科技股份有限公司（简称"广联达"）是中国建设工程信息化领域首家A股上市公司。作为数字建 筑平台服务商，它提供建筑全生命周期数字化解决方案。据了解，广联达在业内率先推出了国产自研建 筑产业大模型AecGPT及行业AI平台，实现AI赋能建筑行业数字化发展的新突破。"All in AI"的广联达 是北京智能制造行业发展的一个企业代表。 作为北京本土汽车企业，北汽集团全资企业北京越野更是将智能制造技术体现得淋漓尽致。无论是可实 现100%全自动化作业 ...

Core Viewpoint - GAC Group has reported a significant decline in performance, with revenue and net profit falling sharply, indicating serious challenges in both its joint venture and independent brands [1][2][4] Financial Performance - For the first three quarters, GAC Group achieved revenue of 66.93 billion, a year-on-year decrease of 10.5%, and a net loss attributable to shareholders of -4.31 billion, marking a record loss [1][2] - The third quarter alone saw revenue of 24.32 billion, down 15% year-on-year, with a net loss of -1.77 billion [1][2] Profitability Issues - The company's gross margin fell to -2.17%, a drop of 8.3 percentage points year-on-year, with the third quarter gross margin at -2.9% [2] - GAC Group's R&D expense ratio remains low at 1.5%, significantly below comparable companies like BYD and SAIC, leading to concerns about the adequacy of financial disclosures regarding operational performance [2] Brand Performance - GAC's independent brand, GAC Trumpchi, has faced a sharp decline in sales and revenue, particularly with new models like the Trumpchi M8 and S7 underperforming expectations [1][3] - In the first half of the year, GAC Trumpchi reported revenue of 17.956 billion, a year-on-year decline of 29.47%, with total sales of 146,300 units, down 22.55% [3] Strategic Initiatives - GAC Group has initiated a three-year "Panyu Action" plan aimed at increasing the share of its independent brands to 60% of total sales by 2027, targeting a sales volume of 2 million units [3][4] - Despite the plan, the first year has seen a significant decline in sales for both Trumpchi and Aion brands, with a reported loss of 19,000 per vehicle in the third quarter [3][4]

Core Viewpoint - The article discusses BYD's strategic entry into the Japanese automotive market, particularly focusing on the introduction of its electric K-Car, RACOO, which poses a challenge to local Japanese manufacturers and reflects the broader ambitions of Chinese automotive brands in global markets [4][6][10]. Group 1: Market Context - The Japanese automotive market has been dominated by local brands for nearly 50 years, making it a challenging environment for foreign entrants [11][12]. - The K-Car segment is particularly difficult to penetrate due to strict regulations and the high loyalty of Japanese consumers to domestic brands [16][17]. - In 2022, new car registrations in Japan reached a historical low, with only 2.922 million new passenger cars registered from January to September 2025, reflecting a stagnant market [14][16]. Group 2: BYD's Strategy - BYD aims to provide more choices for Japanese consumers rather than directly compete with local brands, as stated by its executives [8][10]. - The introduction of the RACOO K-Car is seen as a significant step for BYD in establishing a presence in Japan, which is considered a critical market for global brand recognition [10][32]. - The K-Car segment represents 32.3% of Japan's domestic passenger car sales, indicating a substantial market opportunity for BYD [25]. Group 3: Competitive Landscape - Japanese automakers, particularly Suzuki and Honda, have expressed varying degrees of concern regarding BYD's entry into the K-Car market, with Suzuki's CEO showing initial welcome but later signs of tension [7][9]. - The article highlights that despite BYD's efforts in marketing and establishing a presence, its sales in Japan have been slow, with only 2,223 units sold in 2024 [24]. Group 4: Product Development and Challenges - The RACOO K-Car is designed to leverage electric vehicle advantages, such as improved performance and cost efficiency, which are critical in a market where small cars dominate [28][29]. - BYD's challenge lies in meeting the specific demands of Japanese consumers, particularly in vehicle interior quality and overall product appeal [30]. - The article notes that while the K-Car market is shrinking, it remains a strategic focus for BYD to enhance brand recognition and trust among consumers [20][32].