More than 60% of A-share vehicle companies achieved growth in net income in the first quarter, with policy dividends and technological breakthroughs being the driving forces for this growth.

① Among the 16 A-share listed automobile companies, 10 companies achieved year-on-year growth in net income attributable to the parent company in the first quarter of 2025, accounting for 62.5%. ② BYD led with a growth rate of 100.38%, SAIC Group's net income increased by 11.40% year-on-year, and Chongqing Changan Automobile's net income attributable to the parent company surged by 601.31% year-on-year.

cls.cnMay 5 21:31 ET

The term "smart driving" is no longer popular! Xiaomi has changed its name, and multiple car companies have adjusted their stance.

① The promotion of intelligent driving has shifted from active messaging to passive responses, with features like urban NOA no longer being emphasized; ② Most brands are introducing expressions such as "driving responsibility" and "subscription mechanism," uniformly emphasizing the attributes of Level 2; ③ Companies' statements are aligning with industry initiatives, and the promotion of assisted driving is entering a cautious compliance stage.

cls.cnMay 5 03:17 ET

DBS Sticks to Their Hold Rating for Guangzhou Automobile Group Co (GNZUF)

TipRanksApr 30 00:55 ET · Ratings

Earnings Update: Guangzhou Automobile Group Co., Ltd. (HKG:2238) Just Reported And Analysts Are Trimming Their Forecasts

Simply Wall StApr 29 18:50 ET

Cui Dongshu: From January to March, global auto sales reached 22.64 million units, with China's share accounting for 33%.

From January to March 2025, Global Autos sales reached 22.64 million units, a year-on-year increase of 5%. In China, the share of the world's Autos reached 33% from January to March 2025.

Zhitong FinanceApr 29 04:57 ET

Canalys: It is expected that by 2025, the penetration rate of L2 and above functions in the China market will reach 62%.

Canalys (now merged into Omdia) predicts that in 2025, the penetration rate of L2 level and above functions in the China market will reach 62%, a significant increase from 2024, with high-speed NOA and urban NOA reaching 10.8% and 9.9% respectively.

Zhitong FinanceApr 29 01:42 ET