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  A number of car companies have announced that they are reducing pressure for dealers: adjust their business policies and set no sales targets

  Under the influence of the pneumonia epidemic infected by novel coronavirus, earlier, several brand 4S stores and dealer groups responded to national regulations by extending the Spring Festival holiday to February 2. Due to the expansion of pneumonia infection, the Spring Festival holiday was extended again, various enterprises in many provinces and cities asked to postpone work to the 9th, dealers' business hours were postponed again, while Hubei Province extended the Spring Festival to the 13th. Due to the extension of the holiday, dealers are faced with the problem of failing to meet their sales targets, resulting in increased operating pressure. In view of this situation, a number of car companies issued announcements to adjust the business policies of dealers, give subsidies, and even cancel the assessment to reduce the pressure on dealers. Novel coronavirus is not.

  Dongfeng Yueda Kia: it is proposed that its dealers will resume work until February 10. 2020-02-03
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  At a time of decline in sales, 22 dealers in Dongfeng Yueda Kia resumed operations.

  At a time when South Korea's Hyundai Kia Motor is declining in China and its market competitiveness is declining, it chose to appoint a Chinese executive, Li Feng. In his four months in office, Li Feng first made adjustments at the dealer level. A few days ago, Dongfeng Yueda Kia held a dealer investor forum in Shanghai, hoping to promote the growth of car sales by optimizing channel operation. After communication at the meeting, 22 unnetted and dormant dealers finally signed a restart agreement. "at present, there are many problems that enterprises have accumulated over a long period of time, and everyone's mood is very complicated and anxious, which requires us to face and break through together." Li Feng, general manager of Dongfeng Yueda Kia, such a table.

  Kia Dongfeng Yueta Kia 2019-12-25
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  Dongfeng Finance: from now on, Dongfeng Yueda Kia's financial discount products will be suspended.

  Dongfeng Financial said that after rejecting Dongfeng Yueda Kia's rebate support, it decided to suspend Dongfeng Yueda Kia's retail financial discount business from now on.

  Dongfeng Yueda Kia new car on the market 2020-03-08
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  Hyundai Kia delays plans to resume production in China due to disruption in parts supply

  Affected by the pneumonia epidemic infected by novel coronavirus, the supply of auto parts in China has been disrupted. Hyundai Motor Group also announced that it had extended the shutdown period of its factories in China after BMW and Toyota announced. A spokesman for Hyundai Motor Group said on Friday that Hyundai and Kia plan to postpone the resumption of production at their Chinese plants until they resume production on Feb. 17, Reuters reported. Previously, most of Hyundai's factories in South Korea have suspended production on the 7th, and Kia has also suspended production since the 10th, as parts produced by Chinese suppliers have been suspended, of which 87% of South Korea's imported car wiring harnesses are made in China. Therefore, when South Korean car companies will be heavy.

  Modern Kia 2020-02-07
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  Exclusive! Kia joint venture company-Jiangsu Yueda Kia Capital is insolvent!

  Kia's sales in China continue to be low, and the joint venture has fallen into the plight of insolvency. In the financial information of joint ventures and associated enterprises in the year ended December 31, Jiangsu Yueda Kia Automobile Co., Ltd., a joint venture in China, has a total debt of 247%, according to the 2022 financial report released by Kia Company of South Korea.

  Kia Yueda Dongfeng cars sales China models market Jiangsu companies groups selling prices limited limited growth 2023-03-13
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  Three brands were named, and the inventory of 15 car dealers seriously exceeded the standard.

  Entering 2021, the domestic new car market has achieved continuous year-on-year growth, due to the epidemic in the same period last year, the year-on-year data is of little significance. In February, affected by the late Spring Festival holiday this year, car production and sales almost halved, resulting in a rise in the inventory index of many brands. According to the latest report released by the China Automobile Circulation Association, the inventory of 15 car companies has seriously exceeded the standard.

  Distributor 2021-03-12
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  Four senior executives of Dongfeng Yueda Kia were suddenly transferred. Can Chinese CEO save Kia?

  On the last day of 2019, Dongfeng Yueda Kia officially announced the transfer of four senior executives. At a time of declining performance and poor sales, this is also Dongfeng Yueda Kia's last internal adjustment in 2019. According to Dongfeng Yueda Kia announcement, according to the arrangement of the company's Oriental personnel, Mr. Li Zhijun, deputy general manager and head of management department appointed by Yueda recently, Mr. Jin Xuandui, minister of purchase, appointed by Asia, Mr. Min Jianzai, director of the research institute appointed by Asia, Mr. Ye Lei, deputy head of sales, appointed by Yueda, will no longer hold relevant positions in Dongfeng Yueda Kia Automobile Co., Ltd., and be transferred back to Dongfang. ...

  Dongfeng Yueda Kia 2020-01-01
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  The new generation of Sportage is unveiled with the Chinese name "Lion Platinum expanding the World"

  On July 28th, the new Kia Sportage made its debut and announced that the Chinese name of the new car is "Lion Platinum extension". The new car will be put on sale in the third quarter. It is understood that Kia Sportage is a veteran of the domestic joint venture compact SUV, and the second and third generation models have been introduced into the same house in China.

  Kia model Yueda market Dongfeng design brand new price new car sales power domestic generation range brand 2022-07-29
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  Many factories at home and abroad in Hyundai Kia have been forced to stop production and urgently need to rely on Chinese suppliers to resume production.

  Under the influence of the pneumonia epidemic infected by novel coronavirus, a number of car companies have announced that they will postpone the resumption of production because of a shortage of parts suppliers. Hyundai and Kia plan to postpone their Chinese plants until February 17, Hyundai Motor Group said. Previously, most of Hyundai's factories in South Korea have suspended production on the 7th, and Kia has also suspended production since the 10th because of the suspension of parts produced by Chinese suppliers, of which 87q% of South Korea's imported car wiring harness is made in China. Therefore, when South Korean car companies restart production depends on the resumption time and supply plans of China's car wiring harness factories. Hyundai says.

  Modern Kia 2020-02-08
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  Dongfeng Yueda Kia was returned more than 1,000 units in December, and the sales volume was a new low.

  With the latest December data released by the Federation of passengers, the performance of various car companies over the past year has also been announced, with some happy and some sad. According to the data, nothing is more "embarrassing" than Dongfeng Yueda Kia, which was returned to more than 1,000 vehicles after the last month of sprint.

  Dongfeng Yueda Kia 2020-01-24
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  Is Dongfeng Yueda Kia making a strong return?

  Speaking of Korean brands, there is still a place in the market. It has been favored by many consumers by virtue of mainstream appearance design and high performance-to-price ratio. However, with the rise of domestic cars in recent years has been a relatively serious impact, sales performance is not particularly good. And as the market goes down, problems that have been masked by fast-growing numbers have erupted. After 2017, the Korean brand market turned sharply and began a long period of transition and decline. However, Kia's performance in the first half of this year was somewhat unexpected. According to June data show, Dongfeng Yueda Kia car terminal sales of 30563,.

  Dongfeng Yueda Kia Dongfeng 2019-08-13
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  Appoint new marketing executives, Dongfeng Yueda Kia target 80% dealer profit

  With the decline of brand and product competitiveness, Dongfeng Yueda Kia has been marginalized. The recent release of the new K5 Kaiku and the appointment of new marketing executives have brought Dongfeng Yueda Kia back to the attention of consumers. On May 6, Dongfeng Yueda Kia Automobile Co., Ltd. officially announced that Mr. Tang Yuejin will be the deputy minister of sales headquarters from now on, in charge of brand marketing, customer experience, commodity operation and digital marketing business. Tang Yuejin's joining will help Dongfeng Yueda Kia achieve brand upward, enhance customer experience, build an Internet-based customer car lifecycle platform, and help Kaiku launch and optimize the product structure. According to.

  Dongfeng Yueda Kia 2020-05-06
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  Li Feng became the general manager of Dongfeng Yueda Kia and became the first Chinese CEO of the joint venture.

  Hyundai Kia has announced a major personnel appointment at a time when it is losing its market position in China. Today, Hyundai Kia announced the appointment of Li Feng as vice president of Hyundai Motor Group (China) and general manager of Dongfeng Yueda Kia. This is also the first time that Kia has hired a Chinese CEO for the joint venture Dongfeng Yueda Kia. Li Feng is mainly responsible for managing Kia's local production, sales and planning business in China, leading Dongfeng Yueda Kia to boost the performance of the Chinese market. The person in charge of Kia Automobile said that this will enable enterprises to respond more quickly to local market conditions, and will enhance the original competitiveness and marketing ability of the Chinese market in the future.

  2019-09-09
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  Honda: three automobile plants in Wuhan are not expected to resume production until after the 17th.

  With the expansion of the pneumonia epidemic infected by novel coronavirus, more and more automakers are further delaying their return to work. Japan's Honda said Sunday that its car manufacturing plant in Wuhan, Hubei province is expected to resume production after the 17th, Kyodo news agency reported. Honda Vice President Seiji Kurashi said at a press conference in Tokyo on the 7th: "We will confirm the safety of employees, the supply of spare parts, and so on, so as to prepare for the resumption of work on the 17th." Affected by the epidemic and the disruption of the supply chain, the phenomenon of production delays among automobile manufacturers is becoming more and more common. Toyota Motor Company said on the 7th that it was considering places and places.

  Dongfeng Honda 2020-02-09
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  All of a sudden! Yueda Investment gives up Dongfeng Yueda Kia

  On March 1, Yueda Investment issued a notice on abandoning its participation in capital increase and related party transactions. According to the announcement, Dongfeng Yueda Kia Automobile Co., Ltd. (hereinafter referred to as "DYK"), which has a 25% stake, plans to increase its capital by 600 million US dollars, but due to the company's investment needs for new projects, it intends to give up its participation in the capital increase of DYK, which is partly funded by Jiangsu Yueda Automobile Group Co., Ltd. Yueda Investment said that DYK continued to lose money in 2021, which is expected to affect the company's parent net profit of about-531 million yuan, taking into account the fierce competition in the domestic automobile industry and the company's new project.

  Dongfeng Yueda Kia 2022-03-02
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  Sales have plummeted year after year, and another joint venture car company has been exposed that the factory has stopped production

  Today, a person close to Hyundai in Beijing said: "at the official level, it is true that there is only a shutdown, and we have not received a notice to close the factory in Chongqing, but the shutdown is not a long-term solution," according to China Business and Economics. " Hyundai officials in Beijing have yet to respond to the news. In fact, as early as this year,

  Beijing Beijing Hyundai factories sales cars models Chongqing Market companies data Kia people Dongfeng products official 2022-05-26
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  Car sales fell 92% in February, and the new policy to promote automobile consumption will rescue the market.

  After an unstable 2019, the auto industry is expected to bottom out in 2020, but the sudden pneumonia epidemic disrupted the normal operation of the industry, and car sales fell at an unprecedented rate in history. Retail sales of domestic passenger car manufacturers fell 92% year-on-year in the first half of February 2020 (February 1-16), the highest on record, due to the pneumonia epidemic infected by novel coronavirus, according to the latest car sales figures released today. The domestic auto market fell 20.4% in January from a year earlier, sales hit rock bottom in February, and the auto industry got off to a dismal start in 2020.

  Car sales volume 2020-02-21
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  Dongfeng Yueda Kia responded to the "factory closure": structural adjustment and upgrading to a new energy car factory, no layoffs

  Dongfeng Yueda Kia, a joint venture with South Korea's Kia Motor Company in China, is considering shutting down its first factory, Reuters reported recently. Dongfeng Yueda Kia officially responded to the report: it is structural rationalization and there will be no layoffs. Sources have revealed that South Korea's Kia may suspend operations at its first plant in China as part of the company's competitiveness and long-term efforts, Reuters reported on March 11. Subsequently, Kia issued a statement saying that the company is currently reviewing a number of plans to enhance its production and sales competitiveness in the Chinese market. In this regard, Dongfeng Yueda Kia issued about the rationalization and adjustment of the structure of our first factory.

  2019-03-14
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  The epidemic aggravated the cold winter of the market. Cui Dongshu said that the decline of the car market in the first two months may be more than 25%.

  China's automobile production and sales in 2019 were 25.721 million and 25.769 million respectively, down 7.5% and 8.2% respectively compared with the same period last year. It is worth noting that although China's automobile production and sales rank first in the world, China's automobile production and sales have declined year on year for two consecutive years since the first decline in 2018, and the China Automobile Association predicts that car sales will decline to about 2% in 2020. However, at the beginning of 2020, a sudden epidemic hit the national economy, and various industries were affected to varying degrees, and the automobile industry was no exception. Novel coronavirus epidemic situation originated in Wuhan, Hubei.

  Cui Dongshu Geely the Great Wall 2020-02-05
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  With a loss of nearly 10 billion yuan in four years, Dongfeng Yueda Kia Company changed its name.

  According to Tianyan investigation, Dongfeng Yueda Kia Automobile Co., Ltd. (hereinafter referred to as "Dongfeng Yueda Kia"), one of the Korean car companies, has officially changed its name to "Kia Automobile Co., Ltd." and the approval date is March 22, 2022. Zhang Naiwen, the legal representative, and Yancheng Market Supervision Administration, the registration authority. In response to the name change, the person in charge of Kia Automobile said: "the company name is not important, the key is the company strategy." The official also said that for Yueda Group, its main responsibility is to develop the local automobile industry on behalf of the Yancheng municipal government. Making Kia stronger and bigger in China is in line with the development of automobile industry in Jiangsu Province and Yancheng City.

  Dongfeng Yueda Kia 2022-03-25