Group 1 - The target price for Ford Motor Company (F.N) has been raised from $13 to $14 by Daiwa Capital Markets [1]

Core Viewpoint - Ford plans to launch five new models priced below $40,000 by 2030, focusing on affordability to drive profit growth, as the average cost of new cars in the U.S. exceeds $50,000 [1][2] Group 1: New Model Launches - The first of the new affordable models will be a four-door electric pickup, set to debut in 2027, followed by additional fuel and electric models [1][2] - Currently, Ford offers two models under $40,000: the Maverick pickup and the Bronco Sport SUV [1] Group 2: Market Context - The North American automotive industry is facing an affordability crisis, pushing traditional buyers out of the new car market and leading to longer car loan terms [2] - The average transaction price for new cars in the U.S. is projected to reach $50,326 by December 2025, with Ford's average transaction price at $55,596 in December [2] Group 3: Financial Outlook - Ford expects adjusted EBIT to reach $8 billion to $10 billion by 2026, up from $6.8 billion in 2025, slightly above Wall Street analysts' average estimate of $8.86 billion [3] - Investors anticipate further profit recovery due to Ford's plans to produce more high-margin SUVs and pickups, aided by regulatory changes that eliminate penalties for fuel economy and emissions non-compliance [3] Group 4: Strategic Shift - Ford is shifting focus from electric vehicles to traditional fuel vehicles, pickups, and hybrids, while still producing electric vehicles [4] - The company believes it has the right production mix, with plans for a cheaper electric vehicle platform and new automotive software architecture to remain competitive [4]

美国老牌汽车制造商福特汽车公司(F.US)计划在本十年末之前(即2030年之前)推出5款定价低于4万美元 的相对平价新车型，意在提供更加可负担的车辆推动该公司更强劲利润增长轨迹;相比之下，目前美国 新车平均成本已突破50,000美元。从潜在的增量空间来看，随着福特采取全球电动化进程投资放缓策 略，同时推动传统强项——混动与皮卡车型重返业绩增长C位，可负担性主题正在把福特的潜在市场份 额扩张重新打开。 投资者们则普遍预期福特利润会进一步回升，主要因为福特计划生产更多高利润的SUV和皮卡。此前， 共和党领导的一项政策行动取消了因未能达到燃油经济性和排放法规而产生的现金罚款，预计这将为福 特节省数十亿美元。这一监管宽限实际上允许汽车制造商们尽可能多地生产和销售高利润、低里程的 SUV及皮卡。 虽然福特最终在其电动汽车业务上计提了高达195亿美元的巨额费用，并将业务重心从电动汽车方向转 移至传统燃油车、皮卡以及混动车，而这些正是福特长期以来的强项。 福特和通用曾在电动汽车层面全力押注，如今正在回撤一些押注筹码，并重新聚焦于制造更多燃油车与 皮卡以及混合动力车型。尽管两家公司仍在生产电动汽车，但福特尤其相信，该公司仍拥 ...

福特首席执行官 Jim Farley 在 2 月10日福特第四季度业绩电话会议上对分析师们表示："我们也计划通 过更多可负担的卡车与SUV车型来扩大我们的市场覆盖面。我们将通过广泛的动力总成组合来实现这一 点——电池动力系统、燃油、不同类型的混动，以及纯电。客户们都希望有更多选择。" 福特最新公布的业绩展望数据显示，该公司预计2026年调整后的息税前利润(EBIT)将达到80亿至100亿 美元，高于2025年的68亿美元，并且福特业绩展望的中值略高于机构汇总的华尔街分析师平均预期值 (88.6亿美元)。 智通财经APP获悉，美国老牌汽车制造商福特汽车公司(F.US)计划在本十年末之前(即2030年之前)推出5 款定价低于4万美元的相对平价新车型，意在提供更加可负担的车辆推动该公司更强劲利润增长轨迹;相 比之下，目前美国新车平均成本已突破 50,000 美元。从潜在的增量空间来看，随着福特采取全球电动 化进程投资放缓策略，同时推动传统强项——混动与皮卡车型重返业绩增长C位，可负担性主题正在把 福特的潜在市场份额扩张重新打开。 据了解，福特首席财务官Sherry House当地时间周三在华尔街投资机构Wolfe ...

福特方面称，虽然公司一直试图获得电动车盈利，但由于美国7500美元电动车税收抵免已于2025年9月 30日正式终止，消费者的需求受到了抑制，这让美国电动车市场与车企转型都遭受了冲击。 其次，2025年，福特汽车关键铝材供应商诺贝丽斯的工厂发生了两场大火，预计到今年5月～9月才能全 面复产，这直接影响着福特汽车重要销量来源的F-150系列皮卡，让福特汽车不得不为F-150系列皮卡购 买外国制造的铝材。这也意味着，福特汽车需要为进口铝材支付高额关税，产生高于预期的生产成本。 再次，关税成本同样影响了福特的盈利。除了上述提到的F-150系列皮卡零部件进口关税，福特汽车首 席财务官雪莉·豪斯表示，去年年底，公司支付了一笔关税账单，损失了约9亿美元的储蓄。她说："我 们在2025年底很晚的时候才收到特朗普政府的通知，由于沟通较晚，这笔9亿美元的支出已无法避 免。"2025年，福特汽车的关税成本约为20亿美元。 福特汽车CEO吉姆·法利（Jim Farley）表示，公司将继续削减成本并努力生产具有全球竞争力的车型。 根据规划，福特计划生产更多高利润的SUV和皮卡，今年的业绩将表现强劲。 来源：第一财经 继Stellant ...

IT之家 2 月 11 日消息，2 月 10 日，据日经亚洲报道，福特汽车总裁兼 CEO 吉姆 · 法利在财报电话会上警告，中国汽车产业是一个"变数（wild card）"，当今的所有全球车企都必须应对。 福特 2025 全年净亏损 81.8 亿美元（IT之家注：现汇率约合 565.95 亿元人民币），主要由于取消电动汽车项目确认了 159 亿美元的特殊损失，包 括资产减值以及终止与韩国 SK On 的电池合资业务。相比上一年的 58.7 亿美元净利润，业绩明显恶化。福特 2025 年营收同比增长 1%，达到 1872.6 亿美元，但利润大幅下滑。 报道指出，在全球电动化竞争中，中国品牌已占据主导地位。法利表示："我真正思考的问题是， 在补贴驱动和内卷的环境下，中国将如何改变定价权的格局。" 2025 年，中国汽车出口达到 709.8 万辆，同比增长 21.1%。 法利表示，福特将在中国采取"机会主义"策略，利用合资企业的低成本生产优势作为出口基地， 这一板块当前正在"增长"。与此同时，尽管大幅削减电动汽车计划，福特仍在密歇根工厂与宁德 时代合作，为低价车型提供电池。 法利透露，公司当前调整的核心在于资本配置 ...

Group 1 - Meta plans to invest over $10 billion in building a data center park in Indiana, providing 1 GW of power capacity to support AI projects and core social media operations, while hedge fund Pershing Square disclosed a stake in Meta representing 10% of its capital, believing the market underestimates AI's long-term potential [2][3] - Apple faces delays in upgrading its Siri virtual assistant, with multiple new features potentially postponed until iOS 26.5 or iOS 27 due to issues with query handling, response times, and accuracy [2] - ByteDance is reportedly developing an AI chip and negotiating with Samsung for production, aiming to produce at least 100,000 chips this year and gradually increase output to 350,000, although a spokesperson claimed the information is inaccurate [3] Group 2 - NetEase's Q4 2025 revenue reached 27.5 billion yuan, a 3% year-on-year increase, but net profit attributable to shareholders fell nearly 30% to 6.2 billion yuan, missing expectations due to increased sales expenses and investment losses [5] - Zhiyuan Technology launched its new flagship model GLM-5, integrating DeepSeek sparse attention mechanism, targeting programming and intelligent agent capabilities, with internal evaluations indicating performance close to Claude Opus 4.5 [5] - Huazhu Group is under scrutiny from the Beijing Consumer Association for potentially unfair terms in its membership service agreement, prompting the company to initiate a self-examination and commit to improving the consumer environment [6] Group 3 - Amazon received approval from the US FCC to deploy an additional 4,500 low-Earth orbit satellites, expanding its constellation to 7,700 to enhance space internet competition [8] - Cisco reported Q2 revenue of $15.3 billion, exceeding analyst expectations, with product revenue of $11.64 billion, driven by a surge in orders from AI hyperscalers [8] - Ford anticipates achieving a record revenue of $187.3 billion in 2025, but expects a net loss of $8.182 billion, a 239.17% year-on-year decline, primarily due to rising supply chain costs and increased R&D investments [9] Group 4 - Samsung Electronics announced the Galaxy S26 series launch on February 26, featuring the 2nm Exynos 2600 chip and a 200-megapixel camera in the Ultra model, with continued strong demand for memory chips expected until 2027 [12] - Toyota is set to launch a pure electric version of the Highlander for the North American market, targeting a range of 320 miles, with plans to guide users of fuel/mixed models to the Grand Highlander series [12] - LG Energy Solution announced the acquisition of a 49% stake in a Canadian energy storage battery factory from Stellantis to strengthen its energy storage business [13]

Group 1 - Xiaomi's legal department supports a car owner's rights after a road rage incident involving a Tesla driver, emphasizing the importance of protecting brand reputation and user rights [5][6][7] - ByteDance plans to produce 100,000 self-developed AI chips this year, with ambitions to increase production to 350,000, and is negotiating with Samsung for manufacturing [10][11] - Meizu's mobile phone business is reportedly facing dissolution, with indications of project halts and employee layoffs, although no large-scale layoffs have been confirmed yet [12][13] - Alibaba is increasing investments in Taobao's flash sales, with a focus on instant retail and a commitment to not worry about losses for the next three years [13][14] - TSMC reported a net profit of approximately 378.2 billion yuan for 2025, with plans for a capital budget of about 44.9 billion USD to expand production capacity [15][16] - Domestic AI models are rapidly evolving, with new releases from DeepSeek and Zhiyuan, indicating a competitive landscape in AI development [18][19] Group 2 - xAI, founded by Elon Musk, is experiencing significant personnel changes, with two co-founders leaving within 48 hours, raising concerns about the company's stability [40][41][42] - Amazon has received approval to deploy 4,500 satellites as part of its plan to compete with SpaceX, aiming to provide satellite internet services [42][43][44] - New regulations in the U.S. require that electric vehicle charging stations funded by federal money be 100% manufactured in the U.S., which may hinder the development of the charging network [45][46] - OpenAI is collaborating with Samsung and SK Hynix to establish data centers in South Korea, reflecting the growing demand for AI infrastructure [47] - BYD has surpassed Ford in global sales, achieving 4.6 million units sold, marking a significant milestone in the automotive industry [48]

加入轩辕同学 ， 成就新汽车人! 设计 | 甄 尤 美 来源 | R e u t e rs ， F i n a n c i a l Ti m e s ， B l o o m b e r g ， T h e G u a r d i a n 编译 | 杜 咏 芳 编辑 | 黄 大 路 福特汽车的CEO要去麦当劳任职了。 2026年2月10日，麦当劳宣布重磅人事任命：福特汽车现任CEO吉姆·法利（Jim Farley）将加入公司担任董事，任命已于2026年2月4日正式生效。 "吉姆在平衡创新与卓越运营、提升客户体验、与独立运营商合作以及利用技术大规模改进系统方面拥有宝贵的经验。他既能优化当下业务，又能 着眼未来，这种领导力将对我们持续推动业务发展大有裨益。" 麦当劳董事长兼CEO克里斯·肯普钦斯基（Chris Kempczinski）的评价，直白地印证了这位汽车行业老兵的商业实力。 法利在行业深耕三十余年，履历足够耀眼。 在加入福特之前，他曾在丰田和雷克萨斯从事品牌营销和产品领导工作近二十年。 到福特，他执掌过欧洲、中东及非洲业务，主导过林肯品牌重塑，如今更是福特"福特+"转型战略的核心引领者，一手推动着这家百年车 ...

Ford on Tuesday posted its largest quarterly loss since 2008 amid losses in the automaker’s electric vehicle (EV) division, as well as the impact of tariffs and a fire that impacted an aluminum supplier.The Detroit automaker reported a fourth quarter net loss of $11.1 billion after previously disclosing large writedowns to its EV programs, which the company is realigning in response to lower-than-expected consumer demand and changing federal subsidies.“I think the customer has spoken,” Ford CEO Jim Farley s ...