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丰田中国半年销量跌至九年来最低,市场低迷Toyota's six-month sales in China sink to nine-year low as market slumps

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人们于2025年4月24在中国上海举行的上海车展媒体日期间参观丰田展台。© 路透社People visit the Toyota booth during a media day for the Auto Shanghai show in Shanghai, China on April 24, 2025. © Reuters

东京——丰田汽车从4月到9月(即其财年上半年)的中国销量跌至九年来最低,这家汽车巨头及其同行正在这个全球最大市场苦苦挣扎。

TOKYO -- Toyota Motor's sales in China from April to September, its fiscal first half, fell to a nine-year low as the auto giant and peers struggle in the world's largest market.

丰田周四宣布,其在该六个月期间在中国售出684,903辆汽车,较上年同期下降25%,创下自2017年以来的最低水平。

Toyota announced on Thursday that it sold 684,903 vehicles in China during the six-month period, down 25% from the same one a year earlier and the lowest since 2017.

该公司在公告中表示:“部分由于汽油价格上涨,整体市场依然疲软,而汽油车和混合动力电动汽车市场受到的影响尤其严重。”

"The overall market remained weak due in part to rising gasoline prices, while the market for gasoline vehicles and hybrid electric vehicles was particularly affected," according to the company's announcement.

这家全球最大的汽车制造商与其他全球汽车制造商正在中国面临日益激烈的竞争,疲软的需求和残酷的价格战对外国品牌造成了尤为沉重的打击。

The world's largest automaker and other global carmakers are facing intensifying competition in China, where weak demand and fierce price competition are inflicting particularly heavy damage on foreign brands.

丰田今年在中国同比销量跌幅最大的是5月,当时售出102,299辆汽车,下降31.7%。此后跌幅有所放缓,8月销量下降22.8%,9月下降19.7%。

Toyota's steepest year-on-year sales decline in China this year came in May, when it sold 102,299 vehicles, down 31.7%. The pace of decline has since moderated, with sales falling 22.8% in August and 19.7% in September.

惠誉评级的青山谕表示,丰田“在外国品牌中表现相对较好,得到了富有韧性的混合动力汽车需求的支撑”,尽管其他外国品牌已面临来自低价中国电动汽车的压力。

Toyota "performed relatively well among foreign brands, supported by resilient hybrid-vehicle demand," according to Satoru Aoyama of Fitch Ratings, even as other foreign brands have come under pressure from low-priced Chinese EVs.

根据惠誉评级的数据,中国今年4至6月期间的总乘用车交付量较去年同期下降23%,此前1至3月季度下降了18%。该机构预测,全年中国销量将出现“高个位数”的下降。此外,中国品牌在4至6月期间的国内市场份额跃升至69%,对在中国通过合资企业运营的外国汽车制造商施加了更大压力。

China's total passenger vehicle deliveries in the April-June period this year fell 23% from the same three-month timeframe in the previous year, following an 18% decline in the January-March quarter, according to Fitch Ratings. It forecasts full-year sales in China to decline in "the high single digits." Furthermore, Chinese brands' share of the domestic market jumped to 69% in the April-June period, putting further pressure on foreign automakers operating through joint ventures in China.

这一趋势突显出,即使是与广州汽车集团和中国第一汽车集团的合资企业表现优于许多其他外国汽车制造商的丰田,也正在中国艰难守住阵地。这些合资公司正在进行重组,广汽正在收购丰田一汽合资企业50%的股权。

The trend highlights how even Toyota, whose joint ventures with Guangzhou Automobile Group (GAC) and China FAW Group have outperformed many other foreign automakers, is struggling to hold its ground in China. The joint companies are undergoing restructuring, with GAC acquiring a 50% stake in the Toyota-FAW joint venture.

*大众汽车集团、梅赛德斯-奔驰和宝马已下调财务指引,因为中国市场的疲软表现正拖累其盈利。

Volkswagen Group, Mercedes-Benz, and BMW have lowered their financial guidance as weak performance in China weighs on earnings.

作为按销量计算全球最大的汽车制造商,丰田的增长放缓也正在波及其庞大的供应商网络。日本主要汽车零部件制造商电装周四表示,由于汽车销量萎缩,其在中国的工厂开工率正在下降。

The slowdown at Toyota, the world's largest automaker by sales, is also rippling through its sprawling supplier network. Denso, a major Japanese auto parts maker, said on Thursday that its factories in China are operating at lower rates as auto sales dwindle.

供应商告诉《日经亚洲》,日本汽车制造商正越来越多地转向中国零部件制造商,因为它们试图通过更多依赖本地供应链来削减成本并遏制市场份额的流失。这一转变促使一些现有的日本供应商在基于长期供货合同的预期进行投资后,向日本汽车制造商寻求赔偿。

Suppliers have told Nikkei Asia that Japanese automakers are increasingly switching to Chinese parts makers as they seek to cut costs and stem their loss of market share by relying more heavily on local supply chains. The shift has prompted some existing Japanese suppliers to seek compensation from Japanese automakers after making investments based on expectations of long-term supply contracts.

一家在中国制造混合动力汽车零部件的供应商表示:“这是一场赔偿狂潮。”

"It's a compensation frenzy," said one supplier which makes hybrid vehicle components in China.

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