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Sales in China's auto market in 2018 were negative for the first time in 28 years until the first half of this year passed, and the market did not see any improvement, which is expected to continue until the end of the year or more. In addition, since July 1 this year, 16 cities and regions across the country have implemented the national six emission standards ahead of schedule, and directly implemented the national six b standards, which were originally scheduled to be popularized in 2023, a full four years ahead of schedule, which caught many car companies by surprise. Passenger car sales reached 1.561 million in May 2019, down 17.4% from January to May, down 17.4% year on year.
For consumers, they choose new cars because they can get updated batches of vehicles to ensure the quality of the vehicles. A few days ago, a BMW owner bought a BMW electric car, which he thought was the latest version, but after buying the car, he found that the car was the old version and thought that BMW was clearing its inventory under the name of a new version. The 4S store explained that the performance of the new version is actually the same as that of the old version, except for the addition of charging services.
With Lexus growing at 36%, Cadillac is under increased pressure to lose its position as champion of second-tier luxury brands. In 2019, sales of new cars in China continue to decline, although luxury cars rise instead of falling, but the price war is becoming more and more fierce, coupled with the heavy task of clearing the treasury, the phenomenon of price upside down is also very common. Led by the Cadillac brand, the main models are sold at a basic 40% discount. The "price-for-volume" approach has worked well in Cadillac's view, not only getting rid of the inventory of cars in the fifth grade, but also maintaining sales figures. According to the latest data, Cadillac sales continued to exceed 20, 000 units in June, with actual sales of 21210 units.
After the official implementation of national six, almost all dealers are clearing and selling national five cars, although the inventory pressure of national five has dropped, but there are still many national five vehicles have not been sold, then how to deal with these leftover national five vehicles? The six-year policy of transfer sales has not been formally implemented in some second-and third-tier cities or even slightly remote areas, and these cities are still implemented in accordance with the national five standards, and it is not in conflict with the policy for dealers to transfer the remaining national five vehicles to these areas, and the loss of such transfer sales is the least. Whether the replacement parts of the car meets the sixth national standard mainly depends on the vehicle engine or ternary catalysis, while the other zero.
After 12 consecutive months of year-on-year decline, China's passenger car market has "bottomed out". According to the latest passenger car sales data released by the Federation of passengers, the growth rate in the first three weeks of June is 3.3%, and the growth rate in the third week of June is slower than that in the second week. Retail sales of domestic passenger car manufacturers have rebounded, and sales have rebounded to the level of the same period last year, which is also slightly better than the same period last month. At present, the market trend is still greatly affected by the implementation of the sixth national standard, and manufacturers strive to improve the self-rescue performance of retail. The strength of retail sales is mainly due to the effect of removing inventory from the five strong countries, and the inventory of the five countries determines the retail speed of clearing inventory.
BAIC New Energy sales released in May, May sales of 9009 units, down 50% year-on-year; the previous May cumulative sales reached 39087 units, down 19.83% year-on-year, the overall situation is not very optimistic. It is worth noting that there has been a huge difference in BAIC's new energy production and sales since the beginning of this year. Cumulative production in the first five months was only 5236, down 86.6% from a year earlier, meaning BAIC New Energy spent the first half of the year clearing the backlog of cars. In fact, affected by market demand and the decline of state subsidies, the growth rate of new energy vehicle sales has slowed down. In April this year, the production and marketing of domestic new energy vehicles completed 102000 respectively.
On the evening of May 13, Xilai released the supplementary documents for the second listing of the Singapore Stock Exchange and disclosed the latest financial information of the company. As of February 28, 2022, Lai Motor has cash and cash equivalents, restricted cash and short-term investments totaling 52.65 billion yuan. In addition, the Weilai car can be called
On May 20, Weilai listed on the main board of the Stock Exchange of Singapore Limited (SGX-ST) under the ticker "Weilai" with an opening price of US $16.90. By the end of the day, Xilai (SGX) closed up% to US dollars, with a total market capitalization of US $100 million. According to data, Weilai was founded in 2014.
China's passenger car sales report finally came out in June, ending a 12-month decline in sales, but Autobots were not happy because they knew it might be a "flash in the pan" and very bleak in the second half of the year. Passenger car sales nationwide reached 1.766 million in June, up 4.9% from a year earlier and the first positive year-on-year growth in 12 months, according to the Federation of passengers. Cumulative sales from January to June were 9.954 million, down 9.3% from a year earlier, an improvement from a cumulative decline of 11.9% from January to May. According to the analysis of industry insiders, the reasons for the rebound in sales in June are as follows: 1.
Under the pressure of switching between the five countries and six countries, the inventory level of dealers has finally dropped to the lowest level this year. The China Automobile Circulation Association released the latest "Automobile Dealer inventory early warning Index". In May, the auto dealer inventory index was 54.0%, down 7.0% from the previous month and up 0.3% from the same period last year. Although inventory levels have exceeded the 50% warning line for 17 consecutive months, auto dealers reduced inventory significantly in May, the lowest inventory index so far this year. The sixth national emission standard is scheduled for July, with less than a month left, car dealers are trying to get rid of the five-year inventory of cars. The association pointed out that due to the impact of the economic environment, the car market continued in May.
P.p1 p.p2 p.p3 span.s1 span.s2 today, Changan Automobile Group released its May sales data and results. Data show that Changan Automobile Group sold 113497 vehicles in May, down 34.7% from a year earlier. Changan Automobile Group sold 683553 vehicles from January to May, down 32.9% from a year earlier. Although the overall car market was not as expected this year, monthly sales fell 34.7% year-on-year, almost the biggest decline among Chinese automobile groups. Changan Automobile Group's business sectors also released sales data, Changan Ford sales in May 7.
On September 24th, Lifan shares issued an announcement revealing that Chongqing Lifan Holdings Co., Ltd. held 620642656 shares of Lifan Industrial Co., Ltd before the reduction, accounting for 47.24% of the company's total share capital. As of September 23, 2019, the company's major shareholder, Chongqing Lifan Holdings Co., Ltd., has reduced its holdings of 2100000 Lifan shares through centralized bidding, accounting for 0.16% of the company's total share capital. There are consistent actors in the main body of the reduction, which are Yin Mingshan, Chen Qiaofeng, Yin Xidi and Yin Suowei, except Yin Mingshan's shareholding ratio of 0.13.
According to German media reports, as the COVID-19 epidemic continues to worsen in Germany and the United States announced the implementation of an European travel ban, Tesla urgently withdrew all American employees from his factory in Berlin, Germany. Following the completion of Tesla's Shanghai super factory, Tesla CEO Musk confirmed last November that he would build a super factory in Glenn Hyde, Brandenburg. At the end of last year, Tesla signed an agreement with Germany to build a super factory in Berlin, Germany, covering an area of about 740 acres (2.99sq km), which is a dense forest. When Tesla built a factory in Glenhead, he had to cut down a large number of trees.
Alfa Romeo, an Italian luxury car brand that has been defeated by word of mouth in the Chinese market, has been accused of unstable quality, high failure rate and high maintenance prices, resulting in a continuous decline in brand image and a collapse in terminal prices. As a result, Alfa Romeo was almost smashed after entering China, and at the same time, it was also spoiled by netizens. Many netizens commented on the maintenance cost of Alfa Romeo: "even if you can afford it, can you afford it?" , "without the life of a luxury car, suffering from the disease of a luxury car" or "I didn't know you were so honorable until I repaired the car." Whether the maintenance cost of Alfa Romeo is not.
According to foreign media reports, a Tesla Model 3 was driving at high speed on the 405 highway in Los Angeles, USA, when the driver of a nearby vehicle found that the driver had fallen asleep in the car. The vehicle had driven at least 50 kilometers without driver. Subsequently, the driver of the nearby vehicle filmed the video and called 911 to call the police, but when Tesla drove off the 405 highway and the US police were not present, the driver who filmed the video posted the video on the Internet to cause heated discussion. The driver who shot the video said: I have seen similar news before, but it is still a bit difficult when I see it with my own eyes.
Recently, a Changan Mazda 4S store put up three posters involving three models: Atez, CX-4 and Onksera. Among them, the official guidance price of Atez, which is 18.98-218800 yuan, is 13.29-153200 yuan after the reduction. The price of the whole CX-4 line is reduced by 4.38-5.09.
According to foreign media reports, according to aerial video taken by drones, Tesla has completed the tree cleaning work at the site of the Berlin super factory in Germany. This means that the electric car company has obtained permission from the German government to build a factory in the area. According to the aerial video, the forest where the factory is located has been cleared, and the deforested forest has been basically removed. No large amount of accumulation has been seen at the scene, and there is still dense forest around the site. The cleared site is particularly conspicuous visually. At the end of last year, Tesla signed an agreement with Germany to build a super factory in Berlin, Germany, covering an area of about 74.
The China Automobile Circulation Association submitted a "report on the current living conditions and related suggestions of Automobile Dealers in China" to the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Commerce and the State Administration of Market Supervision. the report mentioned that except for some brands, the gross profit of the new cars of the dealers in 2019 was basically negative, the loss further increased, and the dealers faced strong market pressure. Since July 1, nearly 20 provinces and cities have announced that they will implement the national six emission standards ahead of schedule this year, and some provinces have even skipped national six an and directly implemented national six b. This also means that many dealers are facing the tremendous pressure of Wuqing inventory, snowing in the already difficult business situation.
As of February 9, Japanese car companies Toyota, Honda, Nissan and Mazda have successively announced their latest monthly sales in China. According to the sales list of auto industry statistics, Toyota, Honda and Nissan all achieved year-on-year growth in July, of which Honda performed best, rising in July.
According to Weimar's official website, a total of 13 exhibition halls have opened in Beijing, but no contact details have been shown, and Weimar's official phone calls have not been answered. The interface news found the phone numbers of 9 of the exhibition halls from the network channel, but none of them could get in touch with the exhibition hall. According to the media, Weimar, which is located on the Wufang Bridge, has been found to use
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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