{"id":599187,"date":"2025-10-21T05:51:10","date_gmt":"2025-10-21T12:51:10","guid":{"rendered":"https:\/\/nai500.com\/?p=599187"},"modified":"2025-10-21T05:51:10","modified_gmt":"2025-10-21T12:51:10","slug":"gm","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/10\/gm\/","title":{"rendered":"GM \u80a1\u50f9\u5728\u8ca1\u5831\u512a\u65bc\u9810\u671f\u5f8c\u4e0b\u632b\uff0c\u95dc\u7a05\u5bec\u9b06\u63d0\u632f\u5c55\u671b"},"content":{"rendered":"

General Motors \u5728\u7b2c\u4e09\u5b63\u696d\u7e3e\u8d85\u51fa\u9810\u671f\uff0c\u4e26\u56e0\u6bd4\u9810\u671f\u66f4\u5f37\u7684\u5361\u8eca\u9700\u6c42\u4ee5\u53ca\u7f8e\u570b\u5c0d\u6c7d\u8eca\u96f6\u4ef6\u95dc\u7a05\u7684\u65b0\u4e00\u8f2a\u653e\u5bec\u800c\u4e0a\u8abf\u5168\u5e74\u5c55\u671b\uff0c\u4f46\u6295\u8cc7\u4eba\u8cea\u7591\u9019\u4e9b\u9806\u98a8\u80fd\u5426\u6301\u4e45\uff0c\u81f4\u4f7f\u80a1\u50f9\u4e0b\u6ed1\u3002\u5118\u7ba1\u6bcf\u80a1\u76c8\u9918\u70ba 2.53 \u7f8e\u5143\uff08\u9810\u671f 2.44 \u7f8e\u5143\uff09\uff0c\u71df\u6536\u70ba 471.2 \u5104\u7f8e\u5143\uff08\u9810\u671f 462.8 \u5104\u7f8e\u5143\uff09\uff0c\u5728\u4e0b\u5348\u4ea4\u6613\u6642\u6bb5 GM \u80a1\u50f9\u4ecd\u4e0b\u8dcc 0.65% \u81f3 58.00 \u7f8e\u5143\uff0c\u51f8\u986f\u5e02\u5834\u5c0d\u653f\u7b56\u98a8\u96aa\u8207\u5229\u6f64\u7387\u54c1\u8cea\u7684\u95dc\u6ce8\u3002<\/p>\n

\u696d\u7e3e\u8d85\u9810\u671f\uff0c\u5c55\u671b\u4e0a\u8abf<\/h3>\n

GM \u8868\u793a\uff0c\u672c\u5b63\u53d7\u5927\u578b\u5361\u8eca\u92b7\u552e\u7d44\u5408\u8207\u96f6\u4ef6\u4f9b\u61c9\u6539\u5584\u6240\u5e36\u52d5\uff0cChevrolet Silverado \u8207 GMC Sierra \u7684\u92b7\u91cf\u8207\u50f9\u683c\u5728\u5317\u7f8e\u8ca2\u737b\u6700\u5927\u3002\u7ba1\u7406\u5c64\u5c07\u5168\u5e74\u5c55\u671b\u4e0a\u8abf\uff0c\u4ee5\u53cd\u6620\u8a72\u52d5\u80fd\u8207\u77ed\u671f\u95dc\u7a05\u8ca0\u64d4\u964d\u4f4e\u3002\u96d6\u7136\u516c\u53f8\u4e26\u672a\u9010\u9805\u8aaa\u660e\u6bcf\u500b\u8abf\u6574\uff0c\u8ca1\u52d9\u9577 Paul Jacobson \u5728 Bloomberg Surveillance \u4e0a\u8868\u793a\uff0c\u66f4\u4f73\u7684\u76ae\u5361\u8868\u73fe\u8207\u95dc\u7a05\u5bec\u9b06\u6b63\u5728\u8f49\u5316\u70ba\u6bd4\u5148\u524d\u8a08\u756b\u66f4\u9ad8\u7684\u5229\u6f64\u8207\u73fe\u91d1\u6d41\u3002\u4f9d\u5238\u5546\u6a19\u6e96\u4f86\u770b\uff0c\u9019\u6b21\u7684\u8d85\u9810\u671f\u76f8\u7576\u4e7e\u6de8\uff1a\u71df\u6536\u8d85\u904e\u5171\u8b58\uff0cEPS \u5254\u9664\u975e\u5e38\u9805\u5f8c\u4ecd\u9ad8\u51fa\u4e5d\u7f8e\u5206\u3002<\/p>\n

\u95dc\u7a05\u5bec\u9b06\u6539\u8b8a\u8a08\u7b97\u65b9\u5f0f\uff0c\u4f46\u4e0d\u4ee3\u8868\u98a8\u96aa\u6d88\u5931<\/h3>\n

\u5ddd\u666e\u653f\u5e9c\u5c0d\u7279\u5b9a\u6c7d\u8eca\u96f6\u4ef6\u7684\u95dc\u7a05\u653e\u5bec\uff0c\u6e1b\u8f15\u4e86 GM \u5728 2025 \u5e74\u9762\u81e8\u7684\u4e3b\u8981\u9006\u98a8\u4e4b\u4e00\uff0c\u4e26\u6539\u5584\u4e86\u5c0d\u7b2c\u56db\u5b63\u5229\u6f64\u7387\u8207\u5e74\u7d42\u81ea\u7531\u73fe\u91d1\u6d41\u7684\u53ef\u898b\u5ea6\u3002\u9019\u662f\u5728\u516c\u53f8\u5e74\u4e2d\u516c\u5e03\u4e00\u7b46\u6c89\u91cd\u6578\u5b57\u4e4b\u5f8c\u7684\u9032\u5c55\u3002Jacobson \u5728\u4e03\u6708\u8868\u793a\uff1a\u300c\u95dc\u7a05\u4f7f GM \u7b2c\u4e8c\u5b63\u53d7\u5230 11 \u5104\u7f8e\u5143\u5f71\u97ff\uff0c\u9019\u8207 GM \u5148\u524d\u5c0d\u5168\u5e74\u5f71\u97ff\u7684\u9810\u671f\u76f8\u7b26\u300d\uff0c\u4e26\u88dc\u5145\u97d3\u570b\u696d\u52d9\u7d04\u5360\u4eca\u5e74\u9810\u671f\u7e3d\u885d\u64ca\u7684 20 \u5104\u7f8e\u5143\u3002\u4efb\u4f55\u5728\u9019\u65b9\u9762\u7684\u7de9\u89e3\u2014\u2014\u900f\u904e\u6642\u5e8f\u8abf\u6574\u3001\u8c41\u514d\u6216\u63a1\u8cfc\u4f86\u6e90\u6539\u8b8a\u2014\u2014\u6703\u76f4\u63a5\u53cd\u6620\u5728\u71df\u696d\u6536\u5165\u4e0a\u3002\u4f46\u5e02\u5834\u5c07\u6b64\u8996\u70ba\u66ab\u6642\u6027\u3002\u653f\u7b56\u53ef\u80fd\u51fa\u73fe\u5287\u70c8\u53cd\u8986\u3002GM \u4ecd\u9762\u81e8\u7d44\u4ef6\u8207\u6210\u54c1\u8de8\u5883\u6d41\u52d5\u7684\u91cd\u5927\u66dd\u96aa\uff0c\u516c\u53f8\u5fc5\u9808\u8b49\u660e\u5176\u7de9\u89e3\u63aa\u65bd\u80fd\u5920\u8d85\u904e\u4e00\u5b63\u6216\u5169\u5b63\u800c\u6301\u4e45\u3002<\/p>\n

\u5361\u8eca\u518d\u6b21\u627f\u64d4\u672c\u5b63\u91cd\u8cac<\/h3>\n

\u5317\u7f8e\u7684\u7372\u5229\u5f15\u64ce\u4ecd\u7136\u662f\u5168\u5c3a\u5bf8\u76ae\u5361\u7cfb\u5217\u3002\u9019\u6b63\u662f\u6295\u8cc7\u4eba\u4eca\u65e9\u60f3\u770b\u5230\u7684\u60c5\u6cc1\uff0c\u4e5f\u662f\u7ba1\u7406\u5c64\u9858\u610f\u4e0a\u8abf\u5168\u5e74\u9810\u671f\u7684\u539f\u56e0\u3002\u5f37\u52c1\u7684 Silverado \u8207 Sierra \u9700\u6c42\u63a8\u9ad8\u5e73\u5747\u4ea4\u6613\u50f9\u683c\uff0c\u4e14\u4fc3\u92b7\u5728\u6b77\u53f2\u6a19\u6e96\u4e0b\u4ecd\u76f8\u5c0d\u514b\u5236\uff0c\u62b5\u92b7\u4e86\u90e8\u5206\u96fb\u52d5\u8eca\u8eca\u578b\u8207\u7279\u5b9a\u570b\u969b\u5e02\u5834\u7684\u75b2\u5f31\u3002\u96a8\u8457\u5eab\u5b58\u56de\u6b78\u5e38\u614b\uff0cGM \u4f9d\u8cf4\u6709\u52a9\u65bc\u5229\u6f64\u7387\u7684\u914d\u5099\u7d44\u5408\uff0c\u9019\u4e00\u7b56\u7565\u5728 2025 \u5e74\u5927\u591a\u6578\u6642\u9593\u594f\u6548\u3002\u98a8\u96aa\u5728\u65bc\u82e5\u6d88\u8cbb\u8005\u4fe1\u8cb8\u6536\u7dca\u6216\u7af6\u722d\u5728\u5e74\u7d42\u5347\u6eab\u6703\u5982\u4f55\u6f14\u8b8a\u3002Ford \u7684 F-Series \u4ecd\u7136\u7a4d\u6975\uff0cStellantis \u5728 Ram \u7684\u512a\u60e0\u4e0a\u4e5f\u76f8\u7576\u7a4d\u6975\u3002\u76ee\u524d\u4f86\u770b\uff0c\u50f9\u683c\u8207\u7d44\u5408\u4ecd\u5728\u652f\u6490\uff0c\u9019\u6bd4\u4efb\u4f55\u5176\u4ed6\u56e0\u7d20\u66f4\u80fd\u89e3\u91cb\u4eca\u5e74\u8fc4\u4eca\u7372\u5229\u8d70\u5f37\u7684\u8ecc\u8de1\u3002<\/p>\n

\u80a1\u50f9\u53cd\u61c9\u986f\u793a\u5e02\u5834\u5df2\u5b9a\u50f9\u70ba\u4f55<\/h3>\n

\u90a3\u9ebc\u70ba\u4f55\u5728\u512a\u65bc\u9810\u671f\u4e26\u4e0a\u8abf\u5c55\u671b\u5f8c\u80a1\u50f9\u4ecd\u4e0b\u8dcc\uff1f\u884c\u60c5\u986f\u793a\u6295\u8cc7\u4eba\u5df2\u5c07\u826f\u597d\u7684\u5361\u8eca\u5b63\u5ea6\u7d0d\u5165\u50f9\u683c\uff0c\u4e26\u5e0c\u671b\u770b\u5230\u66f4\u78ba\u5b9a\u7684\u8b49\u64da\uff0c\u8b49\u660e\u95dc\u7a05\u5bec\u9b06\u662f\u53ef\u6301\u7e8c\u7684\u3002\u6709\u4e9b\u4eba\u4e5f\u6307\u51fa GM \u7684\u4e0a\u8abf\u4f9d\u8cf4\u65bc\u76ae\u5361\u7684\u5faa\u74b0\u6027\u5f37\u5ea6\uff0c\u800c\u975e\u7d50\u69cb\u6027\u6210\u672c\u6539\u5584\u6216\u96fb\u52d5\u8eca\u898f\u6a21\u6548\u61c9\u3002\u9019\u4e00\u7d30\u5fae\u5dee\u5225\u5f88\u91cd\u8981\uff0c\u56e0\u70ba\u5b83\u6c7a\u5b9a\u4f30\u503c\u500d\u6578\u3002\u4ee5\u7d44\u5408\u512a\u65bc\u9810\u671f\u53ef\u80fd\u53ea\u662f\u4e00\u81f3\u5169\u5b63\u7684\u73fe\u8c61\uff1b\u82e5\u662f\u7d50\u69cb\u6027\u6210\u672c\u6539\u5584\uff0c\u5247\u6703\u7372\u5f97\u66f4\u9ad8\u4f30\u503c\u3002\u9078\u64c7\u6b0a\u5e02\u5834\u5728\u8ca1\u5831\u524d\u96b1\u542b\u4e86\u986f\u8457\u6ce2\u52d5\uff0c\u4eca\u5929\u7684\u9069\u5ea6\u4e0b\u8dcc\u986f\u793a\u7d50\u679c\u63a5\u8fd1\u6a02\u89c0\u60c5\u5883\uff0c\u4f46\u56e0\u653f\u7b56\u7684\u4e0d\u78ba\u5b9a\u6027\u800c\u7121\u6cd5\u51fa\u73fe\u7a81\u7834\u3002\u6563\u6236\u60c5\u7dd2\u770b\u4f3c\u5206\u88c2\uff0c\u6a5f\u69cb\u8a55\u8ad6\u5247\u504f\u5411\u5be9\u614e\u6a02\u89c0\uff0c\u5c07 GM \u8996\u70ba\u300c\u8981\u770b\u5be6\u969b\u6210\u6548\u300d\u7684\u516c\u53f8\uff0c\u76f4\u5230\u95dc\u7a05\u66dd\u96aa\u8207\u9577\u671f\u5229\u6f64\u7387\u7bc0\u594f\u66f4\u660e\u78ba\u70ba\u6b62\u3002<\/p>\n

\u73fe\u91d1\u6d41\u8207\u8cc7\u672c\u56de\u5831\u6210\u70ba\u7126\u9ede<\/h3>\n

\u4e0a\u8abf\u5c55\u671b\u9032\u4e00\u6b65\u805a\u7126\u5728\u73fe\u91d1\u56de\u5831\u3002GM \u5728\u8fd1\u671f\u6578\u5b63\u7a4d\u6975\u56de\u8cfc\uff0c\u6295\u8cc7\u4eba\u6703\u60f3\u4e86\u89e3\u56de\u8cfc\u7bc0\u594f\u5982\u4f55\u5728 EV \u8207\u8edf\u9ad4\u6295\u8cc7\u9700\u6c42\u3001\u5361\u8eca\u5de5\u5ee0\u8cc7\u672c\u652f\u51fa\uff0c\u4ee5\u53ca\u95dc\u7a05\u8b8a\u52d5\u6240\u5e36\u4f86\u7684\u4efb\u4f55\u984d\u5916\u71df\u904b\u8cc7\u91d1\u9b06\u52d5\u4e4b\u9593\u53d6\u5f97\u5e73\u8861\u3002\u8cc7\u7522\u8ca0\u50b5\u8868\u4ecd\u662f\u76f8\u5c0d\u5f37\u9805\uff0c\u5982\u679c\u95dc\u7a05\u6210\u672c\u6301\u7e8c\u7de9\u89e3\uff0c\u5b83\u5c07\u63d0\u4f9b\u540c\u6642\u8cc7\u52a9\u6210\u9577\u8207\u56de\u994b\u73fe\u91d1\u7684\u7a7a\u9593\u3002\u5e02\u5834\u4e5f\u6703\u89e3\u6790\uff0c\u4eca\u5e74\u5ea6\u5c55\u671b\u4e0a\u8abf\u6709\u591a\u5c11\u6703\u6d41\u5165\u8abf\u6574\u5f8c\u6c7d\u8eca\u81ea\u7531\u73fe\u91d1\u6d41\uff0c\u8207\u6703\u88ab\u66f4\u9ad8\u96f6\u4ef6\u6210\u672c\u6216\u4efb\u4f55\u6b98\u9918\u4f9b\u61c9\u93c8\u6469\u64e6\u5438\u6536\u4e4b\u9593\u7684\u6bd4\u4f8b\u3002\u9019\u6b63\u662f\u95dc\u7a05\u6545\u4e8b\u6700\u91cd\u8981\u4e4b\u8655\uff1a\u672a\u4f86 12 \u500b\u6708\u5167\u53ef\u7528\u65bc\u56de\u8cfc\u8207\u80a1\u5229\u7684\u5be6\u969b\u8cc7\u91d1\u3002<\/p>\n

\u4f9b\u61c9\u93c8\u8abf\u6574\u8207\u97d3\u570b\u66dd\u96aa<\/h3>\n

Jacobson \u5c0d\u65bc\u74f6\u9838\u9ede\u5341\u5206\u5766\u7387\u3002\u97d3\u570b\u696d\u52d9\u8207\u67d0\u4e9b\u96f6\u7d44\u4ef6\u9014\u5f91\u5728 GM \u7684\u95dc\u7a05\u5e33\u55ae\u4e2d\u5360\u6bd4\u904e\u5927\u3002\u516c\u53f8\u8868\u793a\u6b63\u81f4\u529b\u65bc\u300c\u5927\u5e45\u964d\u4f4e\u6211\u5011\u7684\u95dc\u7a05\u66dd\u96aa\u300d\uff0c\u7b56\u7565\u53ef\u5305\u542b\u91cd\u65b0\u898f\u5283\u63a1\u8cfc\u4f86\u6e90\u3001\u8abf\u6574\u7269\u6d41\uff0c\u4ee5\u53ca\u91cd\u65b0\u8ac7\u5224\u4f9b\u61c9\u5546\u689d\u6b3e\u3002\u9019\u4e9b\u6539\u8b8a\u9700\u8981\u6642\u9593\u8207\u8cc7\u91d1\u3002\u4eca\u5929\u5ba3\u5e03\u7684\u5bec\u9b06\u70ba GM \u722d\u53d6\u4e86\u57f7\u884c\u7684\u6642\u9593\uff0c\u4f46\u6295\u8cc7\u4eba\u9700\u8981\u53ef\u8b49\u660e\u70ba\u6c38\u4e45\u6027\u91cd\u8a2d\u7684\u8b49\u64da\uff0c\u800c\u4e0d\u50c5\u662f\u66ab\u6642\u6027\u8c41\u514d\u3002\u8acb\u95dc\u6ce8\u5728\u5730\u5316\u96f6\u4ef6\u542b\u91cf\u3001\u95dc\u9375\u96f6\u4ef6\u7684\u8fd1\u5cb8\u5316\uff0c\u4ee5\u53ca\u5317\u7f8e\u4f9b\u61c9\u5546\u52a0\u901f\u5c0e\u5165\u7684\u66f4\u65b0\u3002\u9019\u4e9b\u69d3\u687f\u6bd4\u5b63\u5ea6\u6027\u7684\u5361\u8eca\u7d44\u5408\u66f4\u80fd\u6c7a\u5b9a\u5728\u52d5\u76ea\u8cbf\u6613\u9ad4\u5236\u4e0b 2026 \u8207 2027 \u5e74\u7684\u7372\u5229\u5e38\u614b\u3002<\/p>\n

\u63a5\u4e0b\u4f86\u8981\u95dc\u6ce8\u7684\u91cd\u9ede<\/h3>\n

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