中国汽车工业协会发布的数据显示，今年上半年，中国汽车产销双双突破1560万辆，同比分别上涨12.5％和11.4％。其中，乘用车产销超1350万 辆，同比增长约13％，足见中国车市之繁荣。然而，上半年销量数据一公布，各大车企便忙不迭给自己上强度。有人信心满满地喊出上调目标，有 人则焦虑不安地宣布进入"战时状态"，勾勒出下半年车市的激烈竞争图景。 新动作不断 车企全力冲刺全年目标 纵观上半年销量，高低不一的年销目标完成率暴露出车企喜忧各不相通的心境。其中，吉利汽车以140.9万辆的成绩完成年初制定的年销目标的约 52％；小鹏汽车则完成51.8％的年销目标；上汽集团、中国一汽、中国长安的目标完成率也突破45％，分别达45.62％、45.54％、45.17％。然而，蔚 来汽车、广汽集团、长城汽车等车企的目标完成度均在低位徘徊。 作为"优等生"的吉利第一时间将年销目标上调约11％，从此前的271万辆增至300万辆，激励自己再攀高峰。东风汽车也在2025年中工作推进会上明 确下半年将挑战188万辆销量目标，全年冲刺300万辆，其中新能源汽车达成100万辆，自主新能源确保90万辆。在日前召开的安徽省科技型外向型企 业高质量 ...

转自：新华财经 上汽集团8月3日发布的产销快报显示，7月份上汽销售整车33.8万辆，同比增长34.2%，今年以来单月销 量实现同比"七连涨"；1-7月累计实现整车批售239万辆，同比增长15%，终端零售交付达到256.7万辆， 产销存结构持续改善向好。通过全面深化改革、加快创新转型，上汽自主品牌、新能源车、海外市 场"新三驾马车"不断跑出加速度，并且合资品牌也呈现企稳回升势头。 今年7月份，上汽自主品牌销售21.4万辆，同比增长39.4%；新能源车销售11.7万辆，同比增长64.9%； 海外市场销售8.2万辆，努力克服各种不利因素实现稳健增长。与此同时，上汽合资品牌销量明显反 弹，同比增长26.1%，随着近期上汽奥迪A5L Sportback、AUDI E5 Sportback、别克高端子品牌"至境"等 新一轮重磅新品的上市，上汽合资品牌将用高品质的产品和服务开启"合资2.0"时代"In China, For China"的发展新篇章。 自主品牌精彩不断。1-7月，上汽自主品牌累计销量达151.8万辆，同比增长23.3%，占公司销量比重达 63.5%，较去年同期提升4.3个百分点。7月份，上汽乘用车销售6万辆 ...

荣威M7 DMH之所以能取得优异的实测成绩，离不开其搭载的新一代DMH超级混动系统。作为上汽在混动技术领域十余年的研发积累结晶，DMH超级混动 系统以"全域高效、极致安全、智能驱动"为核心理念，通过四大模块的协同创新，实现了动力、经济与可靠性的多维提升。 据介绍，新一代DMH超级混动系统整合了多项领先技术，包括动力总成大脑PICU、发动机与P1电机同轴结构等。其中，此次PICU进行了"六合一"升级，通 过集成发动机、混动模式、变速箱、热管理、空调管理、加油管理六大功能模块，实现了全车能量的精细管控和能效提升。此外，专为混动场景开发的高效 长续航电池包，不仅支持快充补能，且具备更强的放电能力与电量分配精准度。通过采用"软硬兼施"的超级融合技术，实现了动力输出与能耗控制的精准平 衡，兼顾用户对于动力性与经济性的双重需求。 对于消费者来说，荣威M7 DMH能带来的不仅是"长续航、低能耗"，也是是实实在在的"更省钱"。根据中国新能源汽车大数据研究，在日均32公里的典型通 勤频率下，用户仅需"一周一充"即可无忧出行；按谷时电价计算，其纯电模式下的周通勤成本更是低至不到7元。此次纯电实测的成绩证实了荣威M7 DMH 能够 ...

齐鲁晚报·齐鲁壹点 吴海云 在无数目光的热切期盼中，荣威 M7 DMH 实车终于揭开了神秘的面纱，正式与公众见面。作为荣威品牌基于明珠概 念车精心打造的首款量产旗舰车型，它的登场不仅是一次产品的亮相，更是一场关于汽车美学与气场的全新演绎，以 独特的设计语言诠释着不凡的格调与实力。 #荣威 M7 实车亮相# 空间与科技的完美平衡 在展现卓越设计美学的同时，荣威 M7 DMH 并未忽视对实用性的考量。4940mm 的修长车身 不仅赋予了它优雅流畅的侧身比例，为整体造型增添了几分舒展之美，更为主舱空间的拓展奠定了坚实基础。而 1890mm 的超宽车身，则让横向空间达到了同级领先的水平，完美实现了设计美感与实用需求的平衡，让人们在欣赏 其外观魅力的同时，也对其内部空间充满了向往。 匠心工艺，重塑舒适标准，车内慕斯云翼座椅采用 Ultra Touch 亲肤表层极触材质与 Surflex® 高慢回弹海绵，当身体 与之接触时，那种慕斯般绵密的包裹体验，让人仿佛置身于云端。再配合主驾一键大躺/小憩模式的调整，一秒将座舱 变为移动休憩空间。 荣威 M7 DMH 的实车亮相，无疑为汽车市场注入了一股新的活力。它以源自明珠概念车的 ...

Core Viewpoint - The launch of the new Roewe M7 DMH is positioned as a significant milestone for the Roewe brand, aiming to enhance its competitiveness in the mid-to-large plug-in hybrid sedan market through innovative design and superior product capabilities [4]. Design and Features - The Roewe M7 DMH features a new design language called the "Pearl" concept, characterized by a large grille, three-dimensional daytime running lights, and a sleek silhouette that enhances its sporty appeal while maintaining practicality [1][2]. - The interior dimensions of the M7 DMH are generous, with a length of 4940mm, width of 1890mm, height of 1510mm, and a wheelbase of 2820mm, providing ample space for passengers [1]. - The vehicle includes "Mousse Cloud Wing Seats" made from skin-friendly materials and high-rebound foam, with front seat cushions measuring 511mm for better leg support [2]. Technology and Connectivity - The M7 DMH is equipped with an advanced vehicle system featuring an AI voice assistant that has improved response speed by 50%, and supports connectivity with major smartphone brands for navigation and music [2][3]. Powertrain and Efficiency - The vehicle is powered by SAIC's fifth-generation DMH hybrid system, combining a 1.5L engine with dual front motors, achieving a maximum engine power of 82 kW and a peak motor power of 137 kW [3]. - It boasts a pure electric range of 160 kilometers and a combined range of 2050 kilometers when fully charged, with a fuel consumption rate of 3.8L/100km, highlighting its efficiency and reducing reliance on charging infrastructure [3]. Market Positioning - The Roewe M7 DMH aims to activate the mid-to-large plug-in hybrid sedan market and enhance the brand's influence and competitiveness through original design and superior product strength [4].

Investment Rating - The report maintains a positive outlook on the automotive industry, suggesting a "Buy" rating for key players in the mid-to-high-end market [4]. Core Insights - The report emphasizes the intersection of technology and growth in the automotive sector, particularly highlighted by recent events such as the global AI conference in Shanghai and the issuance of Robotaxi licenses [4]. - It identifies a shift in consumer preferences towards mid-to-high-end vehicles, driven by supply-side factors and increased R&D investments from manufacturers [4]. - The report suggests that companies like Li Auto, NIO, and XPeng are positioned to lead with innovative products, while also noting potential valuation recovery opportunities for Great Wall Motors [4]. Industry Update - Retail sales of passenger cars reached 388,000 units in the week of July 14-20, 2025, reflecting a 7.18% increase week-on-week and a 0.44% increase year-on-year. Traditional energy vehicles accounted for approximately 174,000 units, with a 10.13% week-on-week increase but a 9.28% year-on-year decline. New energy vehicle sales were 214,000 units, up 4.90% week-on-week and 10.03% year-on-year, with a penetration rate of 55.15% [4]. - The report notes an increase in raw material prices for both traditional and new energy vehicles, with indices rising by 4.1% and 4.0% respectively over the past week [4]. - The total transaction value in the automotive sector for the week was 491.35 billion yuan, a decrease of 0.97% week-on-week, while the automotive industry index rose by 1.03% [4]. Market Situation Update - The automotive industry index closed at 7219.27 points, underperforming compared to the CSI 300 index, which rose by 1.69% [22]. - A total of 176 automotive stocks increased in value, while 111 decreased. The top gainers included Fosa Technology, Tianpu Shares, and Shenchi Electromechanical, with increases of 28.0%, 23.7%, and 22.8% respectively [27]. Investment Analysis Recommendations - The report recommends focusing on strong alpha manufacturers such as Li Auto, NIO, Xiaomi, and XPeng, as well as companies involved in intelligent technology like Jianghuai Automobile and Seres [4]. - It highlights the importance of state-owned enterprise reforms, suggesting attention to SAIC Motor and Dongfeng Motor Group [4]. - The report also identifies component manufacturers with strong growth potential, recommending companies like Fuyao Glass and New Spring Shares [4].

Core Viewpoint - SAIC Group is poised for significant growth in the second half of the year, driven by the launch of multiple strategic new models and a strong performance in the first half, with a notable increase in sales and market position [1][14][19]. Group 1: Product Launches and Innovations - The first model from the SAIC-Huawei collaboration, the "Shangjie" H5, features a spacious design and offers both pure electric and range-extended versions, with a maximum range of 1300 km [3][5]. - The LS9 model from the Zhiji brand is a full-size SUV with impressive dimensions (5279/2000/1806 mm) and a new design philosophy, enhancing its market appeal [7][9]. - Upcoming models from SAIC's self-owned brands include the luxurious Roewe M7 DMH and the upgraded MG4, both promising advanced technology and enhanced user experience [5][12]. Group 2: Sales Performance - In the first half of the year, SAIC Group achieved a vehicle sales volume of 2.053 million units, marking a year-on-year increase of 12.4% [1][14]. - The company's self-owned brands accounted for 63.5% of total sales, with a 21.1% increase in cumulative sales [15]. - SAIC's new energy vehicle sales reached 646,000 units in the first half, reflecting a 40.2% year-on-year growth [15]. Group 3: Technological Advancements - Over the past decade, SAIC has invested nearly 150 billion yuan in core technologies, resulting in over 26,000 effective patents across various platforms [15][17]. - The company has achieved mass production capabilities for L2, L3, and L4 level assisted driving technologies, collaborating with leading suppliers in the industry [15][17]. Group 4: International Expansion - In June, SAIC's overseas sales reached 90,000 units, a year-on-year increase of 11.5%, with a total of 494,000 units sold in the first half [18][19]. - The MG brand has maintained a strong market presence in Europe, achieving over 150,000 deliveries despite high tariffs, and consistently ranking among the top-selling Chinese automotive brands [19].