智通财经APP获悉，得益于跨界SUV和皮卡销量强劲，通用汽车(GM.US)2025年第四季度核心利润实现增长，推动这家底特律 汽车制造商的股价在周二美股盘前涨超4%。财报显示，通用汽车Q4营收同比下降5.1%至452.9亿美元，不及分析师普遍预期的 458亿美元;归属于股东的净亏损33.1亿美元，高于上年同期的净亏损29.6亿美元。调整后的息税前利润为28.4亿美元，同比增长 13.3%;调整后的息税前利润率为6.3%，高于上年同期的5.3%。调整后的每股收益为2.51美元，同比增长30.4%，好于分析师普 遍预期的2.2美元。 | | Final 2025 Guidance | 2025 Results | 2026 Guidance | | --- | --- | --- | --- | | Net income attributable to stockholders | $7.7 billion - $8.3 billion | $2.7 billion | $10.3 billion - $11.7 billion | | EBIT-adjusted | $12.0 billion - $13.0 ...

Domestic News - The State Council meeting highlighted irrational competition in the automotive sector, emphasizing the need for measures to regulate competition and promote high-quality development in the new energy vehicle industry. Key points include strengthening cost investigations, enhancing product consistency supervision, and ensuring major automakers fulfill payment commitments [4] - Chongqing plans to develop a pilot work plan for integrated vehicle-road-cloud systems, aiming to create a smart transportation network with comprehensive coverage and reliable services [5] - Two key projects in Shanghai, involving companies SKF and Fuyao, have signed agreements totaling nearly 1.7 billion yuan [6] - China FAW Group and Alibaba have launched a joint laboratory to develop a dedicated automotive industry model, focusing on optimizing computing architecture and data governance [7] - Chery has established a new automotive technology company in Shanghai with a registered capital of 80 million yuan, focusing on automotive parts and AI software development [8] - NIO Energy is set to achieve its 80 millionth battery swap, marking a significant milestone in its service network [9][10][11] - BAIC Group announced plans to launch multiple new and updated models in the second half of 2025, following a 6% year-on-year increase in vehicle sales in the first half [12][13] - Li Auto has completed its "Nine Vertical and Nine Horizontal" high-speed charging network, with a charging station every 152 kilometers [14] Foreign News - General Motors will relocate the production of the Cadillac Escalade to Michigan, as part of a $4 billion investment plan to increase production of fuel trucks and SUVs [15] - German company MOTOR Ai has secured $20 million in seed funding to develop its Level 4 autonomous driving software, aiming for deployment on public roads [17] - Malaysia's automotive production fell by 10.1% in the first half of 2025, with both commercial and passenger vehicle outputs declining [18] - Ford plans to expand its passenger vehicle lineup in the European market, reversing a previous trend of focusing on light commercial vehicles [19] - SAIC-GM Wuling launched its first electric commercial vehicle in Indonesia, priced at approximately 131,800 yuan [20] - Dongfeng Commercial Vehicle and Ningbo Zhenhai Petrochemical have entered a strategic cooperation to enhance their operational synergy [21] - Guizhou Liupanshui will provide subsidies of up to 200,000 yuan for new hydrogen fuel cell heavy trucks purchased and operated for over a year [23] - The second phase of the national subsidy policy for replacing old trucks will resume this month, offering substantial incentives for owners who switch to new energy vehicles [24][25]

Group 1 - General Motors (GM) plans to invest approximately $4 billion in three U.S. factories located in Michigan, Kansas, and Tennessee over the next two years to expand production of its best-selling models in the domestic market [2][5] - The investment reflects a trend among multinational automakers to increase investments in the U.S. to avoid automotive tariffs [2][3] - GM's CEO, Mary Barra, emphasized the company's commitment to manufacturing in the U.S. and supporting American jobs, aiming to provide consumers with a diverse product lineup [2][3] Group 2 - Despite being the largest automaker in the U.S., GM's localization rate is lower than that of competitors like Tesla and Ford, with only about 52% of vehicles sold in the U.S. being assembled domestically [3][4] - In 2024, GM is projected to sell 2.6893 million vehicles in the U.S., a year-on-year increase of 4.3%, maintaining its position as the sales leader in the U.S. automotive market [3][4] Group 3 - The investment will involve relocating the assembly of gasoline versions of the Chevrolet Blazer and Equinox from Mexico to the U.S. and repurposing a large idle factory in Michigan to produce fuel SUVs and pickups by 2027 [5][6] - GM's strategy includes shifting some production capacity from Mexico back to the U.S. due to the impact of U.S. automotive tariffs [6][7] Group 4 - The U.S. government has imposed a 25% tariff on imported vehicles and key components, which has significantly affected automakers' profits, with GM estimating a loss of $4 billion to $5 billion due to these tariffs [4][6] - GM plans to offset at least 30% of the tariff impact by increasing domestic production [4][6] Group 5 - The focus of GM's new investment is primarily on fuel vehicles, with plans to produce fuel full-size SUVs and light pickups in Michigan, rather than electric vehicles as previously planned [9][11] - GM's electric vehicle sales saw a significant increase of 94% in Q1 2025, selling approximately 32,000 electric vehicles, ranking second in the U.S. electric vehicle market [11]