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DBS Sticks to Their Hold Rating for Guangzhou Automobile Group Co (GNZUF)
Earnings Update: Guangzhou Automobile Group Co., Ltd. (HKG:2238) Just Reported And Analysts Are Trimming Their Forecasts
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.
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.
Hong Kong stock Concept tracking | The year 2025 is the inaugural year for L3 autonomous driving, and the development of the smart driving related industry chain is entering the fast lane (with associated Concept stocks).
Canalys: By 2025, the penetration rate of L2 level and above functions in the China market will reach 62%.
Market Update | Most Autos stocks rose, NIO increased by over 5%, Li Auto grew by 2%, and Trump plans measures to mitigate the impact of car tariffs.
According to market news, President Trump of the USA will announce measures on Tuesday (April 29) to mitigate the impact of auto tariffs.
SoundOfMusic : The current spare production capacity of Magna is 130,000 cars per year. Xpeng could produce 65K cars, taking half of the available capacity.
How fast can it come online? 2H of 2025?
bullrider_21 OP SoundOfMusic : I have no idea.