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  Speed up electrification! Fukuda official announced a change of bid.

  Fukuda

  Automobiles Fukuda new energy brands commercial vehicles products companies markets sales growth business brand new limited limited 2023-08-29
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  Bowo is in bankruptcy liquidation, Fukuda applied to freeze 1.4 billion of property such as Lu Zhengyao.

  BAIC Foton Motor Co., Ltd. (hereinafter referred to as "BAIC Foton") has applied to freeze 1.4 billion of assets such as Lu Zhengyao, according to the China referee Writing website. According to the judgment documents, the applicant BAIC Foton Motor Co., Ltd. applied for property preservation to the Beijing Arbitration Commission, requesting to seal up, detain or freeze the respondent's Mi.

  Futian Coffee China Automobile Beijing Company Limited loss property debt Market Co. Ltd. Equity Germany Changsheng 2022-09-18
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  The debt is insolvent! Bowo's annual loss is 2.1 billion yuan

  BAIC Foton Motor Co., Ltd. (hereinafter referred to as "BAIC Foton") released its annual report on April 30, showing that its operating income reached 54.97 billion yuan in 2021, down 4.83% from the same period last year. The net loss was 5.06 billion yuan, down 3372.75% from the same period last year. In view of the performance from profit to loss. BAIC

  Insolvent annual loss 2022-05-02
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  Bowo dealers protect their rights: BAIC Foton "return my hard-earned money"

  Once again, Baowo's heartbroken dealers stand in front of manufacturers to protect their rights. Recently, representatives of Baowo car dealers gathered at BAIC's Futian headquarters, and the rights protection banner stated their purpose: "Fukuda Baowo, deceiving the operation, harming the dealers, and returning my hard-earned money." From the joint letter from some dealers of the Baowo brand to BAIC Foton, we know that the dealers are dissatisfied with the early investment of Fukuda Bowo and the latest investment policy of the new shareholder in China. 1. In the early stage, it was fraudulent to attract investment in the name of "German Baowo" brand, one of the top four German brands. Without notifying the distributor, 67% of the shares were transferred to the actual control of China, and China released the latest investment policy.

  Distributor 2019-02-25
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  Fukuda Motor: the transfer of equity has not yet been paid, and Bowo temporarily uses assets to repay debts of 4 billion yuan.

  On April 8, BAIC Foton issued a progress announcement on the signing of contracts for the follow-up to the transfer of Baowo shares, according to the announcement. Beijing Baowo Automobile Co., Ltd. (hereinafter referred to as "Beijing Baowo") temporarily uses the estimated discount of the net asset value of the debt-paying property of 4 billion yuan to repay the designated loan. The remaining outstanding principal and all unpaid interest under the loan agreement shall be paid by Beijing Baowo in cash in accordance with the repayment time under the loan agreement, the two parties may negotiate separately on the repayment time of the principal and interest of the above-mentioned outstanding loan, but the repayment time shall be no later than January 17, 2023 and before January 17, 2022.

  Beijing Auto's Foton 2020-04-09
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  It's over! Bowo Motor officially went bankrupt.

  After eight years in China and several changes of hands, Bowo, which claims to be on a par with Audi, BMW and Mercedes-Benz, ended in bankruptcy. On the evening of November 29, BAIC Foton Motor Co., Ltd. (hereinafter referred to as "Foton Motor") issued a notice saying that the Beijing No. 1 Intermediate people's Court (hereinafter referred to as "Court" or "Court")

  Cars Futian companies Beijing China losses brands courts sales Changsheng influence announcements shares assets models 2022-11-30
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  The Bowo Dealer Rights Protection working Group was dissolved because of "extreme behavior".

  Last year, China took a 67 per cent stake in Bowo for nearly 4 billion yuan, and Bowo dealers expressed strong dissatisfaction with the introduction of Shenzhou Buy into its terminal sales system, followed by more than one collective rights incident. In order to promote communication and coordination between Bowo dealers and manufacturers, on February 14 this year, the all-China Federation of Industry and Commerce Automobile Dealers Chamber of Commerce established the Bowo Dealer Rights Protection working Group, but today the Chamber disbanded the Rights Protection working Group. The reason is that Bowo dealers have "taken extreme behavior". Today, the all-China Federation of Industry and Commerce Automobile Dealers Chamber of Commerce issued a notice to dissolve the rights protection working group of Baowo dealers.

  Take extreme behavior Baowo extreme behavior 2019-02-26
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  All of a sudden! Well-known "German" brands apply for bankruptcy liquidation

  Beijing Baowo, which lost its operational capacity, finally filed for bankruptcy liquidation, and Foton Motor, as one of its shareholders, was also deeply affected. On the evening of April 8, Futian Motor announced that due to the financial exhaustion of Beijing Baowo, it was indeed unable to pay off its maturing debts, and its assets were not sufficient to pay off all its debts. Beijing Baowo held an interim shareholders' meeting on April 8, 2022. The resolution filed for bankruptcy liquidation in accordance with the law, and submitted the relevant application to the Beijing No. 1 Intermediate people's Court on April 8. It should be noted that bankruptcy liquidation and bankruptcy reorganization are essentially different. Bankruptcy reorganization is to have or may have the conditions for bankruptcy at the same time.

  Bowo car 2022-04-10
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  Similar to a best-selling American model, General Fukuda is officially listed.

  General Fukuda officially went public on March 6, with a price range of 12.98-183800 yuan for the new car. It is understood that the new car launched a total of leisure version, sports version, cross-country version of three appearance style models, and provide three different kinds of power. General is BAIC Foton's latest pick-up truck, but at first glance, its appearance is very similar to that of an American brand. From the point of view of the real car, General Fukuda adopted a relatively strong design style, with a black straight middle net and a "C" headlamp group on both sides, which made the front of the car look bulky and domineering. In addition, the general joined the huge "FOTON..." in China.com.

  Fukuda Motor 2021-03-06
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  The debt is insolvent! Futian Motor compensates 400 million yuan loan for Baowo.

  Last night, Futian Motor, a Chinese commercial vehicle brand, announced that the company's shareholding company Beijing Baowo Automobile Co., Ltd. and Huaxia Bank had not reached an agreement on the plan of "borrowing the new to return the old" for the 400 million yuan loan, and was unable to repay the 400 million yuan loan principal and related interest of Huaxia Bank on time. On September 18, 2021, the company has paid 404 million yuan to Huaxia Bank to pay the principal, interest and penalty interest of the above-mentioned guaranteed loan. After the company reimburses the guaranteed loan, the guarantee balance to Beijing Baowo is 310 million yuan, and the overdue guarantee amount is 310 million yuan. According to official introduction, Bowo car has a history of 100 years, in 1.

  Beijing Auto's Foton 2021-09-22
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  Gao Yang, chairman of Zhongjing Group, was investigated in connection with the case of Xu Heyi of BAIC.

  According to the Economic Observer Network, because of the case involving Xu Heyi, former party committee secretary and chairman of Beijing Automobile Group Co., Ltd., Gao Yang, chairman of Zhongjing Industrial (Group) Co., Ltd., and director of Huishang Bank Co., Ltd., was taken away for investigation in late July 2023. Investigators also transferred from Zhongjing Group involved Beibei.

  Beijing Automobile Director Company Chairman Limited Co. Ltd. Group Secretary Party Committee Secretary share Holdings Xu Heyi position 2023-08-12
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  After abandoning Bowo, Foton made a comeback in the first half of the year.

  After leaving Bowo, Foton ended months of losses, and Foton made a profit in the first half of this year. On July 29, Foton Motor executives said at a communication meeting of BAIC that the company's revenue and profits would increase in the first half of the year, of which operating revenue would increase by about 20%, while profits would turn from losses to profits. however, the specific figures will not be released until the second half of the year. Compared with the same period last year, Foton Motor lost 1.017 billion yuan, compared with 3.575 billion yuan for the whole of last year. Data show that Foton Motor sold a total of 272000 vehicles in the first half of this year, down from the same period last year. ...

  Car Fukuda Bowo 2019-08-04
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  Unable to return to heaven! A century-old car company filed for bankruptcy.

  According to Tianyan investigation information, on April 20, Bowo Motor (China) Co., Ltd. added two new bankruptcy reorganization cases, the types of cases are bankruptcy review case and bankruptcy case, the applicant and the respondent are both Bao Wo Automobile (China) Co., Ltd., and the handling court is the Beijing No. 1 Intermediate people's Court. Relevant ruling

  Automobiles companies Beijing Limited Co. Ltd. Futian China China debt Court amount sales cases people 2023-04-21
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  No strength, flow to save! Bowo New Retail 2 hours swipe order 220 million

  In the face of today's difficult car market, marginal car brands that do not have brand strength are even more difficult. Recently, Bowo launched a new brand marketing method, invested nearly 100 million yuan, launched a marketing campaign with Luckin Coffee, and invited image spokesman Lei Jiayin to sell cars live. 1623 cars were booked in two hours, with an order amount of 220 million yuan. The German brand Bowo, which is also from BBA, began in 1919 and has a history of one hundred years. However, Bowo was bankrupt in 1961 due to poor management, and it was not until 2015 that the brand was revived under BAIC's cooperation with Foton, and a new brand LO... was launched.

  Bowo cross-border new retail sold only 220 million units in 2 hours. 2019-10-19
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  BAIC makes a declaration map of "kitten" new car, which looks amazing!

  In the latest product declaration information disclosed by the Ministry of Industry and Information Technology, we obtained a new pure electric car declaration chart from Beijing Automobile Factory. It is understood that the name of this new car is "BAIC kitten", which can be seen as a brand-new model of cash on sale. According to the new car declaration map, the new car uses a larger intake grille, the lights are set under the window, and the front BAIC manufacturing logo is placed in the grille. From the front point of view, the new car uses a black double-color body, and the appearance has also been adjusted and upgraded. In terms of body size, the length, width and height of the new car are 2240/1400/1680mm, and the wheelbase is.

  BAIC Manufacturing Plant 2021-05-15
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  The chairman of BAIC resigned!

  On May 18, Beijing Automobile announced that Jiang Deyi had submitted his resignation to the board of directors on May 16, 2022 due to job adjustment. He will no longer serve concurrently as chairman, non-executive director, director of the strategy committee of the board of directors and chairman of the nomination committee. At the same time, the board of directors recommended that Chen Wei be appointed as the public.

  Beijing Group Director Automobile Company Chairman Limited Deyi Co. Ltd. shares Business Secretary Party Committee Party Committee Secretary Brand 2022-05-19
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  Only six years after its establishment, this "German" car company went into bankruptcy liquidation.

  "good is expensive", "expensive is good" and "very expensive". This magical advertisement came from Bowo Automobile. Because the slogan was "shocking", it attracted a lot of attention on the Internet at that time, and even made Baowo car very popular for a while, but it was really only "very popular for a while", in the years after that. Only let people remember that "good is expensive", "expensive is good" and "very expensive" Bowo finally failed to come up with a new name in the domestic market. On April 22, Futian Motor issued a notice saying that because Beijing Baowo could not pay off its maturing debts, and the audit report showed that its assets were insufficient to pay all its liabilities.

  Bankruptcy liquidation of Beijing Baowo 2022-04-23
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  The average annual salary of employees of listed car companies: some earn tens of thousands of dollars a month, while others earn less than 5,000.

  Do you know the average annual salary of employees in listed car companies? The data of the average annual salary scale of the major car companies have been revealed on the Internet. let's take a look at it together. from the table, we can see that the average annual salary of employees of listed car companies is BAIC, with an average monthly salary of more than 20,000. Only Beijing Automobile and FAW sedans have an annual salary of more than 200000. Lifan shares and Dongfeng Group shares ranked at the bottom of the annual salary of 72900 yuan and 55500 yuan respectively. After reading this form, I can't help but sigh that it is really a mixture of ice and fire, and the salaries of employees of different car companies are very different. BAIC employees earn 20, 000 a month, while Dongfeng averages less than 5000. In addition to the annual salary of senior executives.

  Insufficient listed 2019-05-15
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  Huawei blessed! Can the launch of the new SUV Rubik's Cube in Beijing reverse sales?

  Beijing Auto's new SUV model, the Beijing Rubik's Cube, will go on sale in June, and the new compact SUV was unveiled at the Guangzhou auto show last year and is expected to sell for between 11 and 150000 yuan, according to media reports. In terms of appearance, the new car is different from the current model design of Beijing Auto. The new car adopts a more radical design approach. In the front part, the new car is designed with a closed front and diamond matrix, as well as a two-color splicing. With sharp lights on both sides, the overall sense of science and technology is full. The side of the car body, the new car lines are more smooth, from the picture, the new car also uses the current more popular.

  Beijing Rubik's Cube 2022-04-24
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  Another self-branded new car is accused of being a "copycat", and General Fukuda pickup truck will be released.

  Fukuda Motor's new pickup model "Grand General" is about to be released, which is expected to go on sale in November.

  Fukuda Motor 2020-09-09