Automobile Industry 04 (Jan 25 - Dec 27)

[behappyalways]

Toyota Q1 Net Profit Plunges 37% After Trump Tariff Hit

https://www.zerohedge.com/markets/toyot ... tariff-hit

[behappyalways]

Weak domestic demand and overcapacity have plunged the Chinese auto industry into a vicious cycle of price wars.
Even Mercedes-Benz is struggling to sell.
Unable to sell domestically, they're dumping their products internationally.
The European auto industry is bearing the brunt of the impact.

內需不振+產能過剩　中國車進入價格戰惡性循環　連賓士也賣不動　國內賣不了就倒貨給世界！歐洲車業首當其衝｜全球聊天室｜#鏡新聞

https://m.youtube.com/watch?v=eILWgD4CZ9E

[behappyalways]

China's Auto Price War Pushes Over Half of Dealers Into First-Half Loss, Survey Finds
https://www.yicaiglobal.com/news/over-h ... urvey-says

[behappyalways]

哪招! 陸酒商投資車廠 推「買車享白酒75折」｜TVBS新聞 ‪@TVBSNEWS02‬
https://m.youtube.com/watch?v=85GGXWooT ... sBo7VqN5tD

[behappyalways]

These Are Europe's Best-Selling Car Brands So Far In 2025
https://www.zerohedge.com/personal-fina ... o-far-2025

[behappyalways]

BMW Shares Post Sharpest Drop In Year After Profit Warning; Citi Flags China Troubles As Potentially "Irreversible"
https://www.zerohedge.com/markets/bmw-s ... a-troubles

[behappyalways]

Average New Car Price In U.S. Tops $50,000 For First Time Ever
https://www.zerohedge.com/markets/avera ... -time-ever

[winston]

US auto delinquencies have jumped 50% from 2010

Car loans have gone from the safest consumer credit products to among the riskiest over the last 15 years, as delinquencies rose more than 50%, driven by soaring car prices and rising interest rates.

Consumers across all income categories are struggling to make monthly car payments.

Auto loans were once a safe haven, with drivers prioritising payments on their transportation above other debts.

But delinquencies on car loans, defined as 60 days or more past due, jumped 51.5% from the first quarter of financial year 2010 (1Q10) through the 1Q25.

The study found that 1.6% of total auto loans were 60 days or more past due as of July 2025, while credit card and first mortgage loan delinquencies are less than 1%.

US consumers purchased about 16 million new cars last year, and the majority were financed.

There are close to 300 million cars on the road in America.

Interest rates on new car loans now top 9%, exacerbating an automotive affordability crisis.

“That’s a double whammy”. “You’ve been hit by the increased cost of the car and then the financing cost of the car.”

Source: Bloomberg

https://www.thestar.com.my/business/bus ... -from-2010