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The global region was hit by the COVID-19 epidemic in the first half of this year, and many multinational car companies suffered losses to varying degrees. However, according to the financial reports released by a number of multinational car companies one after another, under the influence of this year's epidemic, some car companies are still making profits. Porsche is still the most profitable car company, with a bicycle profit of nearly 10, 000 euros.

According to the results released by various companies in the first half of this year, not only the BBA brands that are good at making money have suffered losses to varying degrees, but Volkswagen, which made huge profits last year, has no choice but to become one of the loss-making companies in the first half of this year, while the Toyota brand still maintains the effect of making money.

Judging from the ranking of the highest profits for specific bikes in the first half of the year, Porsche still ranked first, with a profit of 9853 euros per bike. Although the financial report shows that revenue fell by 7.3% in the first half of the year, with cumulative revenue of 12.42 billion euros, and nearly 1.23 billion euros in profits, which is 26.3% more than the same period last year, it is still the most profitable car company.

Sales figures show that Porsche sold 117000 vehicles in the first half of the year, down 12.4 per cent from a year earlier.

Second only to Porsche is Tesla, an electric car company. This ranking is really good for Tesla. After all, Tesla made a profit for the first year under the impact of this year's epidemic. Under such an environment, Tesla has become one of the most profitable car companies this year, with a bicycle profit of 2890 euros, far higher than most car companies.

According to the financial report, Tesla realized operating income of US $12.021 billion in the first half of the year, an increase of 10.4% over the same period last year, and net profit of US $120 million, turning a loss into a profit. Data show that in the first half of 2020, Tesla produced a total of 184944 cars and delivered 179387 vehicles.

Although Skoda and Opel are not doing well in the Chinese market, the two car companies also became profitable in the first half of this year. Skoda and Opel achieved bicycle profits of 780 euros and 707 euros respectively.

Brand delivery fell 31 per cent to 426700 vehicles in the first half of this year, sales fell 25 per cent to 7.55 billion euros and operating profit plunged 72 per cent to 228 million euros, according to Skoda. Opel brand

The two auto groups that made the most profits last year had a different situation in the first half of this year. The Toyota brand remained profitable, with a profit of 533 euros per bike, far surpassing the Volkswagen brand, which lost 313 euros. The Volkswagen Group lost 415 euros, not only because of a significant decline in sales in the global market affected by the epidemic, but also because of huge spending on special projects caused by diesel emissions problems in the first half of the year.

According to the financial report, Volkswagen Group's sales revenue in the first half of the year was 96.1 billion euros, down 23.2% from the same period last year; profit before interest and tax fell to 1.4 billion euros, with an adjusted operating loss of 800 million euros. Cumulative global sales in the first half of the year were 3.8931 million, down 27.4% from the same period last year.

Toyota's net profit in the first quarter of fiscal 2020 (April-June) fell 74% from a year earlier to 158.8 billion yen, the second consecutive quarter of decline. Toyota (including Daihatsu and Hino) sold 4.164 million vehicles in the first half of the year, down 21.6% from a year earlier.

Second only to the Volkswagen brand, which also lost money is the Volvo brand. Due to the impact of the COVID-19 epidemic on the global car market, Volvo's operating income fell 14.1 per cent to 111.8 billion Swedish kronor in the first half, while net income was minus 1.171 billion Swedish kronor, down 134.5 per cent from a year earlier, according to financial data. Volvo sold 269962 new cars worldwide in the first half, down 21% from 340826 in the same period last year.

Among the BBA brands, BMW became the biggest loss-making company for bikes this year, twice as much as Mercedes-Benz and Audi brands, and said it was the first loss in a decade. However, Mercedes-Benz has the largest loss in terms of the group's losses, reaching 1.7 billion euros (about 14.033 billion yuan).

Data show that in the first half of the year, Daimler achieved operating income of 67.4 billion euros, down 18% from the same period last year, while net profit was a loss of 1.7 billion euros (about 14.033 billion yuan). Daimler sold 1.186 million cars in the first half, down 26% from a year earlier.

BMW achieved operating income of 32.867 billion euros in the first half of the year, down 21.4% from the same period last year, and net profit was-1.325 billion euros. BMW delivered 962500 new cars in the first half, down 23% from a year earlier. Audi, which relies on Volkswagen Group, is also facing a profit loss of about 6.191 billion yuan, with global sales plummeting 22%.

More than halfway through the first half of 2020, it is difficult for major multinational car companies, even if there is no loss, for example, but there is no doubt that there has been a significant decline in sales and performance. As for whether the second half of the year can be achieved as the market recovers, the compensation of sales and performance can only depend on the planning and development of various car companies for the second half of the year.

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