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A year and a half later, brilliance China finally resumed trading. However, under the influence of adverse factors such as the bankruptcy of the parent company, brilliance's share price fell more than 70% after the resumption of trading in China. As of the close of the day, brilliance China fell 63.01% to HK $2.70, with a total market capitalization of HK $13.622 billion. Actually
On November 20, the first day of Guangzhou Auto Show will be another auto event. But in the same day, there is a car company has reached the point of life and death. There are a number of media domineering, brilliance Automobile Group, which is involved in bankruptcy restructuring due to debt problems, will officially declare bankruptcy today. But soon, the senior management of brilliance Group refuted the rumor.
Brilliance Group was filed for bankruptcy reorganization by creditors, and the fate of the joint venture brilliance BMW has attracted much attention in the industry. On November 20, the Shenyang Intermediate people's Court ruled to accept the creditor's application for bankruptcy reorganization of brilliance Group, and brilliance Group officially declared bankruptcy reorganization. On the same day, the China Securities Regulatory Commission announced that it would file a case for investigation. Within one day, brilliance Group, which was mired in debt crisis, broke major news one after another. It may be expected that brilliance, which is mired in debt crisis, has been filed for bankruptcy reorganization by its creditors, but what has attracted more attention in the industry is not brilliance itself, but the subsequent development fate of brilliance BMW, a joint venture of brilliance.
The first car of the independent new brand "brilliance Xinri" has been officially put into production. According to local media reports in Wuxi, on December 2, the first launch ceremony of brilliance Xinri New Energy vehicle was held in Wuxi brilliance Xinri New Energy Automobile Co., Ltd., and Huang Qin, secretary of the municipal party committee, and other leaders jointly launched the new car offline. This is also the first self-branded new energy vehicle company in Wuxi. From the perspective of vehicles put into production, brilliance New Day's first mass production model positioning miniature pure electric vehicle. Officials say the car is available in two versions, the A00 class two-door four-seat new energy passenger car i03 and i03AMagneNEDC with a comprehensive range of 410km. Enterprise information.
After brilliance Group officially went bankrupt and reorganized, the Securities Regulatory Commission also decided to file a case for investigation.
On March 29, brilliance China Automotive Holdings Limited (hereinafter referred to as "brilliance China") released its annual financial report for the year ended December 31, 2022. According to the financial report, brilliance China's comprehensive income in 2022 was 1.131 billion yuan, down 47.2% from the same period last year, and the profit attributable to shareholders was 7.147 billion yuan.
On August 8, brilliance China Automotive Holdings Limited (hereinafter referred to as "brilliance China") issued a notice that Hong Kong ICAC personnel visited the company's main business place in Hong Kong on August 3 to execute a search warrant. on the same day, Wu Xiaoan, executive director and chairman of the board of directors, was detained by the ICAC for investigation, suspected of violating the laws of Hong Kong.
Affected by New Year's Day, the Spring Festival holiday and the shortage of chips in the upstream market, the sales of many car companies fell in the first month of the year. Judging from the sales situation of major car companies focused on and summarized by the automobile industry, the joint venture brands did not perform well in the first month. For example, FAW-Volkswagen, SAIC-Volkswagen, SAIC-GM, Dongfeng Nissan, Dongfeng Honda all fell by more than double digits, while BYD and Chery cars in the independent camp soared again, while first-tier luxury brand brilliance BMW made it into the top 10 for the first time. Specifically, in January 2022, a total of six car companies sold more than 100, 000 vehicles, namely FAW-Volkswagen, Changan Automobile, SAIC Volkswagen, Geely Motor, SAIC General Motors, Dongfeng Nissan,.
After all, it failed to make it through 2021, and brilliance Renault Gold Cup Co., Ltd. filed for bankruptcy just one day before the end of 2021. On December 30th, according to the information of the national enterprise bankruptcy reorganization case information network, brilliance Renault Gold Cup Co., Ltd. filed for bankruptcy, the case number is (2021) Liao 01 Breaking Shen 24, and the handling court is the Shenyang Intermediate people's Court of Liaoning Province. both the applicant and the applicant are brilliance Renault Gold Cup. However, brilliance Renault Gold Cup today is no accident, according to Tianyancha APP information, brilliance Renault Gold Cup has been listed as the executor many times this year, a total of executees.
A source reported that on July 6, brilliance BMW announced internally that Xiao Yi, vice president of dealer development of brilliance BMW Co., Ltd. was absent for personal reasons and was not expected to come back in the near future. The news that Xiao Yi was absent and could not return to his post in the short term was too sudden and difficult to understand. BMW brilliance also said that in the meantime, Gao Xiang (Sean Green), senior vice president of sales and marketing, will act as his agent and be responsible for the business operations of the sales channel development department. As early as June 23, it has been revealed that Liu Zhi, president of BMW (China) Automobile Trading Co., Ltd., officially resigned on the 23rd.
As a popular model under the BMW brand, the BMW 3-Series occupies a place in the luxury brand B-class car market with its excellent power and excellent control. Unlike competitive models, the BMW 3-Series has always been "loyal to purity" and occupies a pivotal position in the consumer market. The pure control is inseparable from its lean "body". Recently, a product plan has been circulated on the Internet, unexpected brilliance BMW Tiexi factory will be relocated, the new plant will start production in 2022. In addition, what can be seen from the table is that the new 3 series began production in the old Tiexi factory in 2019, including the models produced.
With the orderly resumption of production in Shenyang on March 31, the domestic BMW X5 was also officially listed on this day. A total of four domestic BMW X5 models are available, with 2.0T and 3.0T engines available. The price range of 2.0T version is 60.5-635000 yuan, and that of 3.0T version is 70.5-775000 yuan. At this point, the domestic BMW X5 has also become the first medium-and large-scale SUV of the three luxury brands of BBA. The mass production and listing process of domestic BMW X5 is very fast! From the end of 2020, it was exposed that the BMW X5 will be made in China, and the domestic BMW X5 will be boarded by the Ministry of Industry and Information Technology.
April 2022 car sales list data source: FIFA retail data tabulation: automotive industry concern ranking model manufacturer level this month sales of Xuanya Dongfeng Nissan compact car 26122 2 Hongguang MINIEV SAIC GM Wuling compact car 24908 3 Qin BYD compact car 2352
Germany's BMW officially announced that its joint venture brilliance BMW in China has obtained a new license, BMW's stake in brilliance has been officially increased from 50% to 75%, and partner brilliance continues to own 25% of brilliance BMW. BMW spent 3.7 billion euros to acquire a 25% stake, and BMW said it would complete the payment by Feb. 22, and from Feb. 11, BMW's interest in the company will be included in BMW's financial statements. the partnership agreement between the two sides will be extended to 2040.
2022 January-June car sales list data source: FIFA retail volume tabulation: automotive industry concern ranking model manufacturer level cumulative sales 1 Xuanya Dongfeng Nissan compact car 2072222 Wuling Hongguang MINIEV SAIC GM Wuling subcompact 1886533 Lang Yi SAIC Volkswagen compact model
May 2022 sedan sales list data source: passenger association retail data tabulation: automotive industry concern ranking model manufacturer level this month sales 1 Hongguang MINIEV SAIC GM Wuling subcompact 29169 2 Xuanyi Dongfeng Nissan compact 26592 3 Hanbiadi medium and large cars 2393
Brilliance Xinri said that the first model of brilliance Xinri New Energy Automobile Co., Ltd. will be officially put into production in December.
Since Hongguang MINIEV went on sale, the domestic mini electric vehicle market has become lively again. In addition to the familiar faces such as Changan and Chery, there are also many new faces, such as Jin Peng Lingbao COCO, Reading Mango and so on. Recently, two new mini electric vehicles have been introduced to the market. I03 and i03A from brilliance Xinri have been officially put on the market. The prices of the two new electric vehicles are 75800 yuan and 76800 yuan respectively. Although the new car is a joint venture brand between brilliance and Xinri, it bears the Xinri logo. Judging from the two models, brilliance Xinri i03 and i03A.
Data source of new energy sales list from January to June 2022: FIFA retail volume tabulation: automobile industry concerns ranking model manufacturer level cumulative sales 1 Wuling Hongguang MINIEV SAIC GM Wuling minicar 1886532 Song BYD compact SUV1590683 Qin BYD compact car
Following Qi Yumin, former party committee secretary and chairman of brilliance Automobile Group holding Co., Ltd., two senior executives of brilliance were investigated. According to the Liaoning Provincial discipline Inspection Commission, Liu Tongfu, former vice president of brilliance Automobile Group Holdings Co., Ltd., and Liu Xuemin, vice president of brilliance Automobile Group Holdings Co., Ltd., are suspected of serious violations of discipline and law.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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