广汽集团公告，2025年9月汽车产量17.92万辆，同比增长11.17%，本年累计产量123.76万辆，同比下降 7.21%；9月汽车销量17.32万辆，同比下降5.17%，本年累计销量118.37万辆，同比下降11.34%。其中新 能源汽车9月产量41820辆，同比增长28.33%，销量42565辆，同比下降9.24%。 ...

BMW has lowered its 2025 earnings guidance, pointing to weaker-than-expected growth in China and the impact of US import tariffs. The German carmaker reported year-to-date volume growth to September in Europe and the Americas, but said deliveries in China have fallen short of internal targets. As a result, the group has pared back its sales expectations for the Chinese market in the fourth quarter. BMW also cited a “significant reduction of commissions from local Chinese banks in connection with the bro ...

Shares of Ford Motor Co. plunged more than 7% to $11.82 during early trading on Tuesday after reports that a fire at a New York aluminium plant operated by Novelis could disrupt production at several ... ...

Mercedes-Benz Group announced on Tuesday that its sales in the third quarter of 2025 fell 12% from the corresponding quarter last year to 525,300 vehicles, dragged by declines in key markets such as C... ...

海南日报讯（海南日报全媒体记者 罗霞）近日，省商务厅发布《关于进一步调整2025年商务领域 消费品以旧换新政策有关事项的公告》（以下简称《公告》），进一步调整消费品以旧换新政策。 为确保全省消费品以旧换新政策稳妥有序实施，按照时序性和均衡性原则，结合我省补贴资金使用 进展情况，海南进一步调整消费品以旧换新政策。 《公告》称，自10月6日0时起暂停2025年海南省汽车置换更新补贴政策。新车《机动车销售统一发 票》开具时间在2025年10月6日0时前的消费者可正常申请补贴，对于新车《机动车销售统一发票》开具 时间在10月6日0时后的补贴申请将不再受理。 符合补贴条件的消费者，应于2025年10月31日24时前通过"2025年海南省汽车置换更新补贴申报平 台"提交申请并上传所需申报资料；补正信息应于2025年11月15日24时前完成补正。逾期未提交或补正 的，将视为自动放弃补贴申领资格。 3.政策暂停后，补贴申请时间有何变化？ 答：2025年10月6日0时前已取得新车《机动车销售统一发票》，符合2025年海南省汽车置换更新补 贴政策申报条件的消费者，须在2025年10月31日24时前通过"2025年海南省汽车置换更 ...

Market Overview - Major indices are mixed with the Dow flat, S&P 500 up about 0.1%, and NASDAQ also roughly flat [1][2] - The S&P 100 managed to climb into the green, up 8 points or about 0.13% [4] - The Russell 2000 is down approximately 0.67% [4] - Healthcare sector is performing well, up 2.5%, while energy is down nearly 1.5% [5][6] Government Shutdown - A government shutdown appears imminent with lawmakers showing little progress in negotiations [10][11] - Both Democratic and GOP plans to avert the shutdown are expected to fail again [11] - President Trump indicated that the shutdown could be used to implement significant cuts to programs favored by Democrats [12] - The upcoming jobs report will be delayed if the shutdown occurs [13][15] Investor Sentiment - Investors are concerned about the potential impact of the shutdown on the economy and markets [28] - The likelihood of a shutdown is estimated to be between 80-90% [15] - The integrity of employment data is a significant concern among investment professionals [17] Historical Context of Shutdowns - Historical data shows that markets tend to look past shutdown noise, with stocks often rebounding after initial drops [50][54] - Long-term yields typically drop following shutdowns, with a median drop of 19 basis points one month after [52] - Short-term rates show mixed movements but tend to skew lower after about a year [53] Pfizer Drug Pricing Agreement - Pfizer has reached an agreement with the White House to lower drug prices in exchange for avoiding tariffs for three years [37] - The deal includes significant discounts on prescription medications, with savings rates of up to 85% on select drugs [39] - A new government website, Trumprx.gov, is set to launch to help consumers find the lowest drug prices [42] Ford's Workforce Challenges - Ford's CEO highlighted a significant shortage of skilled workers in essential trades, impacting productivity and project timelines [69][70] - The company is implementing apprenticeship programs and collaborating with trade schools to address the skills gap [82] - The CEO expressed concerns about the long-term implications of the labor shortage on inflation and project costs [78][81] AI Investment Trends - AI spending is projected to exceed $420 billion this year, indicating a strong growth trajectory [93][98] - Analysts believe the current phase of AI development could last for 20 years, similar to past tech cycles [95][96] - Infrastructure investments in AI are expected to remain robust, with companies like Microsoft and Oracle being key players [106][112]

Honda Motor reported a downturn in its automobile production in August 2025, with Japan seeing a drop to 44,586 units, a decrease to 88.4% year-on-year (YoY). It represents the first YoY decline in three months. Honda's total production in Japan from January to August 2025 was 438,531 units, which is 98.5% of the production during the corresponding period in 2024. Production outside Japan also fell to 222,419 units in August 2025, which is 86.7% of the 256,602 units produced in the same month of the pre ...

| 省份 | 汽车置换更新补贴政策变化 | | --- | --- | | 江苏 | 9月28日24时起暂停实施汽车置换更新补贴政策 | | 青海 | 8月15日24时起暂停汽车置换更新补贴 | | | 汽车置换更新补贴活动调整为"先领取资格、再申报补贴"方式组织实施,拟申请补贴 | | | 的消费者先领取资格券,再完成车辆卖旧购新手续后提交补贴申请。 | | 湖北 | 补贴标准调整为不分新能源和燃油车辆动力类型,购车发票金额(价税合计,下同)6万 | | | 元(含)至10万元(不含)的,补贴3000元;购车发票金额10万元(含)以上的,补贴 | | | 5000元。 | | | 8月24日起,对补贴资格采取"限额管理、定期调控"的方式,消费者预约获得补贴申请 | | 贵州 | 资格后才能申请补贴。每周日在"一码贵州"APP集中发放一定数量的补贴资格,先约先 | | | 得、约满为止。 | | | 补贴标准调整为新车为新能源车的单台补贴1万元,新车为燃油车的单台补贴0.8万元。 | | | 补贴申领方式调整为从8月12日起,补贴资金及补贴名额根据国家和我省资金分配情况制 | | | 定每月每周每日资金和补贴 ...

The cost of owning a car has never been higher. Inflation, tariffs and rising maintenance bills are leaving more Americans struggling to keep up with their auto loans. A new report from the Consumer Federation of America (CFA) found that Americans owe a record $1.66 trillion in auto debt [1]. The group warns that the surge in delinquencies isn’t just squeezing household budgets — it could signal trouble for the broader economy. Must Read "Delinquencies, defaults, and repossessions have shot up in rece ...

Core Viewpoint - Chery Automobile officially listed on the Hong Kong Stock Exchange on September 25, achieving a closing market capitalization of HKD 184.1 billion on its first day [2]. Fundraising and Utilization - Chery raised HKD 9.145 billion, with net proceeds amounting to HKD 8.879 billion, and attracted 13 cornerstone investors, including notable institutions such as Hillhouse Capital and Jinglin Asset [2][3]. - The funds will be allocated as follows: - 35% for research and development of various passenger car models [6] - 25% for next-generation vehicles and advanced technology development [6] - 20% for expanding overseas markets and executing globalization strategies [6] - 10% for enhancing production facilities in Wuhu, Anhui [6] - 10% for working capital and general corporate purposes [6] Market Position and Export Performance - Chery has been the top exporter of Chinese self-owned brand passenger vehicles for 22 consecutive years since 2003 [3]. - In 2024, Chery is projected to lead in sales among Chinese self-owned brands in Europe, South America, and the Middle East/North Africa, and rank second in North America and Asia (excluding China) [3]. - From January to August this year, Chery exported 798,800 vehicles, marking a year-on-year increase of 10.8%, maintaining its position as the top exporter of Chinese automobiles [3]. - In August alone, Chery exported 129,500 vehicles, a 32.3% increase year-on-year, achieving a new monthly export record [3]. Financial Performance - Revenue projections for Chery from 2022 to 2024 are as follows: CNY 92.618 billion in 2022, CNY 163.205 billion in 2023, and CNY 269.897 billion in 2024, driven by increased sales of both fuel and new energy vehicles [4]. - Profit forecasts for the same period are CNY 5.806 billion in 2022, CNY 10.444 billion in 2023, and CNY 14.334 billion in 2024, with net profit margins of 6.3%, 6.4%, and 5.3% respectively [4]. - As of the first quarter of 2025, the asset-liability ratio is projected to be 87.7% [4].