乘聯會崔東樹:首四月汽車行業增收不增利 近期主流車企盈利壓力急增
中國乘用車市場信息聯席會秘書長崔東樹發文稱,在汽車置換更新補貼政策帶動下,2025年首四個月汽車生產1,012萬輛,按年增長11%;汽車行業收入3.26萬億元,按年增長7%;成本2.86萬億元,按年增長8%;利潤1,326億元,按年下降5.1%;汽車行業利潤率4.1%,相對於下游工業企業利潤率5.6%的平均水平,汽車行業仍偏低。
其中,4月汽車行業收入8,530億元,按年增長5%;成本7,517億元,按年增長6%;利潤379億元,按年下降2.2%;汽車行業利潤率4.4%。汽車行業需要有效的降本增效,加大成本控制水平。
崔東樹指,近期隨著車市生產規模擴大,PPI下行,上游碳酸鋰成本下降,車企不造電池的問題嚴重,車企利潤可持續下滑。結合前幾年的利潤率下行趨勢顯示,近期汽車行業利潤下滑幅度仍較大,由於政策加持下的新能源價格優勢明顯,主流車企盈利壓力仍將急劇增大。
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