汽车行业动态报告：乘用车密集新车催化商用车景气相对占优

中信建投证券03-02

核心观点：当前时点，汽车2月产销数据陆续发布，乘用车淡季将过，即将迎来密集新车催化。重卡及客车好于预期，商用车（尤其出口）景气及业绩预期相对占优。智驾及机器人板块围绕特斯拉进展等事件是交易核心，3月前后催化有望密集落地，包括:FSD全面入华、Optimus V3定型发布、春晚机器人表演、Cybercab量产等，当前建议积极布局科技和传统车企两个方向。推荐组合：江淮汽车、潍柴动力、宇通客车、金龙汽车...

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汽车行业动态报告：乘用车密集新车催化 商用车景气相对占优

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汽车行业动态报告：乘用车密集新车催化商用车景气相对占优