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  Another independent car company will be on the verge of bankruptcy because of unpaid wages and rights protection.

  The year-on-year decline of cars for two consecutive years has put unprecedented pressure on the entire industry, not only that, but also a sudden epidemic in 2020 has made the domestic car market feel even worse. To this end, many car companies in the face of loss performance, frequently encountered difficulties.

  Automobile enterprise 2020-05-12
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  Brilliance Renault's layoff subsidy policy was exposed, questioning that it was a "disguised layoff plan"

  With the domestic auto market suffering from two consecutive years of declining sales environment, coupled with the impact of the epidemic, the originally weak brands have become even worse. Today, it is reported that Huachen Renault is planning a layoff involving 650 people.

  Hua Chen Renault 2020-07-17
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  Due to profit pressure, domestic brand Mahayana announced an increase in price.

  According to media reports, Mahayana plans to raise the market guidance price of Mahayana G60S national six models from June 24, 2020. For the reasons for the rise in prices, Mahayana said that due to the cyclical adjustment of the industry, the decline of the industrial economy and the impact of a sudden epidemic, it affected the overall supply chain cost system of the automobile industry, resulting in a sharp increase in the pressure on independent brands with meagre profits. It is understood that the Mahayana G60S is a compact SUV under Mahayana, which went on sale on September 16, 2019. The new car has also launched 6 models with the national fifth edition, with an official price of 7.19-1.

  Mahayana car 2020-06-25
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  Sudden: analysts suspected of insider trading in well-off shares are investigated

  Last night, social media issued strong news that many people, including Chen long, the former chief strategist of Zhongtai Securities Research Institute, were arrested, including public fund managers and relevant core employees of a large state-owned company in joint hype. Suspected of manipulating securities and insider trading, and the listed company involved in the news is a well-off stock that cooperates with Huawei to build cars.

  Insider trading of well-off shares 2022-01-18
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  The new car has only been on the market for two months, and a new force is said to have laid off staff and closed down.

  Recently, an online article entitled "another new energy car company has gone bankrupt" was widely circulated in several WeChat groups, which roughly read: "Li Yinan made a decision, the company closed down, the personnel were demobilized, and each ministry retained only individual personnel to deal with 'aftercare'. The severance plan is still being worked out and will be formally implemented within a week or two. Eye

  Automobile Mahayana self-travel production company limited limited base Jiangxi new energy science and technology energy Jiangsu Jintan Jiangling 2022-12-07