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  Invest tens of billions of yuan! Great Wall Brazil factory pushes 10 electric cars in three years.

  On January 27th, Great Wall held the handover ceremony of the "ARTE FUTURO" Brazilian plant in the state of Sao Paulo, Brazil, which also means that Great Wall officially took over the former Daimler Group's Irasemapolis plant in Brazil, which is expected to start production in the second half of 2023 with an annual production capacity of 100000 units. At the ceremony, Great Wall also released Great Wall Automobile's "2025 Strategy" as well as a detailed strategy for Brazil's core market. According to the core Brazilian market strategy released by Great Wall Motors, Great Wall plans to invest 11.5 billion yuan in Brazil in the next two cycles (as long as 10 years).

  Great Wall Motor 2022-01-28
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  BYD may acquire former Ford plant in Brazil

  BYD is going to make a big move in overseas markets again. On Nov. 18, BYD is in talks with the Brazilian state government of Bahia to buy a plant that Ford stopped operating in January 2021, according to media reports such as Bloomberg and the Financial Associated Press. In response to this news, a few days ago, Wang Chuanfu, chairman and president of BYD,

  Biya Brazil factories markets growth exports new energy cars models layout cars projects production Ford more 2022-11-19
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  CAOA has reached an agreement with Ford to buy a factory in Brazil and plans to cut 1300 jobs

  Ford has reached a preliminary agreement with Brazilian carmaker CAOA to buy Ford Motor Company's plant in Sao Bernardo do Campo, but the workers' union at the plant said it could cut 1300 jobs, Reuters reported. In fact, as early as February this year, Ford announced that it would close its 52-year-old San Bernardo Dukamp plant in Brazil as part of its plan to restructure and withdraw from medium-sized trucks, which mainly produces heavy trucks. and the lagging compact Ford Fiesta, which employs about 3000 people. According to Reuters, since the end of February.

  Layoffs factories Ford acquisitions 2019-09-04
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  It has been revealed that Great Wall is considering buying the Daimler plant in Brazil.

  According to foreign media reports, Great Wall is considering buying a Daimler plant in Brazil for overseas expansion. The two companies are in talks about a possible deal that could cost hundreds of millions of dollars but could terminate the acquisition process at any time, according to people familiar with the matter. If the news is true, it will be another new move in the overseas acquisition layout of Great Wall in the past two years. As of press time, Great Wall Motor has not responded to the matter. Daimler's Brazilian factory is located in Ilasaimapolis, Sao Paulo, and is not very large. Daimler's only passenger car factory in Brazil began production in March 2016, and Daimler co-invested.

  Great Wall Motor 2021-06-21
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  Only one region rose in the global auto market in the first half of 2019

  More than halfway through 2019, the sharp drop in sales figures show that the global car market has not been easy this year. Data from the German Federation of Automotive Industries show that sales declined in all major car markets around the world in the first half of 2019 (January-June), with the exception of the Federative Republic of Brazil. From January to June 2019, sales in major global car markets (Europe, Russia, the United States, Japan, Brazil, India and China) totaled 32695100 vehicles. In terms of overall sales, Brazil's national sales growth reached 11% in the past January-June, leading all major car markets.

  Cars Global 2019 2019-07-31
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  Restructuring South American operations General Motors invested heavily in its Brazilian auto plant

  According to foreign media reports, General Motors will invest in two car plants in Brazil, with an investment of up to 10 billion riels (about US $2.7 billion). In the next five years, GM will produce several new models through the two factories and sell them in South America. GM did not disclose the number of future models, which is not expected to be released until between 2020 and 2024. According to foreign media, GM's investment will retain about 15000 jobs at its two plants in Brazil, but it is not clear whether GM will create jobs in the region where the plant is located in the future. It is understood that General Motors for many years.

  Automobile General Motors General Motors 2019-03-20
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  BYD may build two factories in Europe

  According to media reports, BYD will launch its first electric cars in Europe in the coming months, while it is reported that BYD is focusing on the east and west of the European continent. although it may prefer to set up factories in more developed countries with high and growing demand for electric cars. BYD responded to the above report

  Biya new energy sales Europe cars factories markets cars models Brazil growth press conference dolphins seals electric cars 2022-12-11
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  Without approval, Great Wall's plan to buy GM's factory in Indonesia fell through.

  Great Wall officially ended its acquisition of GM's plant, the Talegaon, after two delays. On July 1, Great Wall said that the transaction period for the agreement signed between GM and GM to buy GM's plant in Tarigang, India, expired, although it maintained communication and consultation with the Indian government on the project.

  Cars Great Wall India factories markets both sides sales Tarim sales Global Brazil Thailand transactions important one 2022-07-03
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  Volkswagen announced a downward trend in January 2019.

  A few days ago, Volkswagen announced global car deliveries for January 2019. Volkswagen delivered 515500 vehicles in January, down 3.4 per cent from a year earlier, according to data. Of these, sales in Russia and Brazil increased by 10.9% and 10.8%, respectively, while those in China, Western Europe and North America fell by 3.1%, 4.8% and 8.6%, respectively. The following is Volkswagen's delivery by regional market in January 2019: it can be seen that Volkswagen delivered 131300 vehicles in Europe, down 3% from a year earlier, while delivery in Western Europe was 11,220.

  Sales volume Volkswagen 2019-02-16
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  The biggest acquisition in BYD's history!

  On the evening of September 26th, BYD announced that its holding subsidiary BYD Electronics and Jabil Inc. Jabil Circuit (Singapore) Pte. Ltd. (Jepp Singapore) signed the Equity acquisition Agreement (following

  Biya Electronics Business products companies Markets cars targets Jepp Singapore Europe sales production Enterprises announcements 2023-09-27
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  Wang Chuanfu: become China's largest automaker ​ by the end of the year

  "the goal is to become China's number one carmaker by the end of 2023," Wang Chuanfu, BYD's chairman, said at a results conference on March 29. He also said that although Chinese car demand was slightly weaker in the first quarter than a year earlier, BYD's sales would continue to grow by more than 80% compared with the same period last year. March

  Biya Automobile sales growth China car use Group Business performance Market New Energy Brazil manufacturer Chuanfu Manufacturing 2023-03-31
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  Ford plans to cut jobs in the United States, but the number of layoffs has not been announced.

  Ford confirmed on Wednesday that it would cut jobs in the United States, which is expected to be completed by the end of June, but Ford did not disclose the number of layoffs. the layoffs will be part of a $11 billion "restructuring" announced by Ford last year. Ford said last month that it would close its oldest factory in Brazil and said it would withdraw from its heavy commercial truck business in South America, a move that could put more than 2700 people out of work. Ford said its global restructuring plan would involve thousands of jobs and could close European plants and incur 11 billion dollars in expenses. And Ford is not.

  Layoffs Ford. 2019-03-14
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  Volkswagen Group reported that sales in China fell 6.5% in April.

  According to Volkswagen's official sales report for April 2019, Volkswagen sold 866000 new cars worldwide in April, down 6.6 per cent from a year earlier. Due to the depressed market environment, Volkswagen Group sales have declined in all regions. According to the data, Volkswagen Group's cumulative global sales from January to April 2019 were 347.2W, down 3.7% from the same period last year. Volkswagen Group sold 303000 vehicles in China (including Hong Kong) in April, down 9.6 per cent from the same period last year to 1.345 million vehicles from January to April, down 7.2 per cent from a year earlier. In the European market, Volkswagen Group 4.

  Sales volume Volkswagen 2019-05-20
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  Ford CEO praises BYD: fully vertically integrated and aggressive

  On May 25th, Ford CEO Jim Farley said at the Morgan Stanley Sustainable Finance Summit (Morgan Stanley Sustainable Finance Summit) that the company is leading electric vehicles.

  Automobile Electric Biya Electric vehicle Battery China Ford Market New Energy Manufacturing manufacturer production Global Company Press Conference 2023-05-28
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  BYD is considering building a factory in France? BYD responded

  BYD, a Chinese electric car maker, is in talks with authorities about the possibility of building a plant in France, local government officials said, the French newspaper Echo reported. In addition, European countries, including Spain and Germany, are also trying to attract BYD to build factories there. In response to the above news, a BYD spokesman said

  Biya Automobile Market car Electric Electric vehicle Model sales Manufacturing Government New Energy Chuanfu Japan Europe Vietnam 2023-05-22
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  Volkswagen's global sales fell year-on-year in July, but China bucked the trend.

  Volkswagen delivered 886000 vehicles worldwide in July, down 2.4 per cent from a year earlier, according to the latest global sales figures released by Volkswagen. China, Volkswagen's most important single market, bucked the trend, rising 1.3 per cent year-on-year, but it was still difficult to offset the weak performance in Europe and North America. Volkswagen said that although the global car market was shrinking, Volkswagen's global car market share increased slightly in July, mainly because of the benefits of the SUV strategy. As of the end of July, SUV models accounted for 27.5% of total sales, compared with 18.7% in the same period last year. In the mass home market.

  Sales Volkswagen global year-on-year 2019-08-17
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  Sales are among the top ten in the world! BYD's profits soar

  On the evening of August 28, BYD released its interim results for 2023. According to the report, BYD achieved operating income of 260.124 billion yuan in the first half of the year, an increase of 72.72% over the same period last year, of which revenue from automobiles and related products reached 208.824 billion yuan, up 91.11% from the same period last year, accounting for the total revenue.

  Biya sales growth champion global Tex data cars Tesla brands gross margin gross profit margin models equations goals 2023-08-29
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  Suspend production! 5600 employees of Mercedes-Benz factory are forced to take leave

  According to media reports, Mercedes-Benz said on April 4 that it would suspend production at two of its factories in Brazil and arrange for more than 5000 workers to take a collective holiday due to a shortage of semiconductor chips. It is understood that the two factories will stop production from April 18 to May 3, a total of 16 days. Mercedes-Benz said the main reason for the shutdown was the global semiconductor supply crisis and was adjusting the production of auto parts such as trucks, truck cabins and bus chassis. It is worth noting that Mercedes-Benz arranged paid collective leave for 1200 workers as early as March because of a shortage of semiconductor chips.

  Mercedes Benz 2022-04-06
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  Nissan will negotiate with Great Wall over the sale of its Spanish factory

  According to the Nikkei Chinese website, Nissan and others plan to sell the Spanish vehicle assembly plant to China Great Wall Motor, and will start negotiations on this. In addition, the report also pointed out that Great Wall has expressed a positive attitude towards the acquisition of Nissan's Barcelona plant and is currently discussing the acquisition of other plants. It is worth noting that Great Wall said in September that the global R & D, production and sales system was improving day by day, and that overseas sales were developing rapidly. From January to August, overseas sales were 86509, an increase of 156.8% over the same period last year, accounting for 11% of the overall sales. August 18, Great Wall Motor and Daimler.

  Nissan 2021-10-04
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  Abandon the acquisition? Great Wall Motor won't take over Nissan's Spanish factory.

  On December 14, several media reported that Great Wall would abandon its acquisition of the Nissan plant in Barcelona, Spain, which is scheduled to close by the end of the year. So far, Great Wall has not made any response. Great Wall is the main competitor to buy the plant, which is scheduled to close by the end of the year. If Great Wall abandons the acquisition of Nissan's Spanish plant, about 1600 workers are expected to be out of work. It is undoubtedly a big blow to the Spanish authorities. It is understood that the Barcelona factory in Spain is one of Nissan's main factories in Europe, employing a total of 2400 employees, plus related facilities.

  Great Wall Motor 2021-12-14