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  cease to exist except in name! FAW Xiali is expected to lose 670 million-730 million yuan in the first three quarters.

  A few days ago, Tianjin FAW Xiali Automobile Co., Ltd. issued a forecast of results for the first three quarters. According to its announcement, FAW Xiali expects the net profit and loss attributed to shareholders of listed companies to be 670 million yuan to 730 million yuan in the first three quarters, down 27.21% and 33.20% compared with the same period last year. Of this total, the loss in the third quarter is expected to be 120 million to 180 million yuan, down 50.76% and 67.17% compared with the same period last year. In fact, FAW Xiali has suffered a loss after deducting its net profit in 2012, and FAW Xiali has never made a profit again. According to data, from 2014 to 2018, FAW Xiali buckle.

  FAW Xiali's expected results for the first three quarters 2019-10-21
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  Another established car company is unable to sustain and plans to withdraw from the automobile market by selling assets.

  On September 17, Tianjin FAW Xiali Automobile Co., Ltd. (hereinafter referred to as "FAW Xiali") issued the report on the sale of major assets and the issuance of shares to purchase assets and raise supporting funds and related party transactions. According to the report, the overall plan of the transaction includes four parts: free transfer of shares of listed companies, sale of major assets, issuance of shares to purchase assets and raising supporting funds. According to the report, FAW car Co., Ltd. plans to transfer its 697620651 shares of FAW Xiali to China Railway Materials Co., Ltd. In addition, FAW Xiali plans to sell its holdings except Xin'an Insurance 17.5.

  FAW Xiali 2020-09-18
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  The second reorganization plan of FAW Xiali has been announced, which is about to bid farewell to the whole vehicle business.

  Xiali, once one of the representatives of the national sedan chair, encountered the rapid development of the domestic car market, but now it is about to bid farewell to the whole vehicle business. On the evening of September 16, Tianjin FAW Xiali Automobile Co., Ltd. (issued the "report on Major Asset Sale and issuing shares to purchase assets and raise matching funds and related transactions", defining the specific plan of the latest restructuring.

  FAW Xiali 2020-09-17
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  FAW Xialibo County joint venture landed with a registered capital of 2.54 billion yuan to set up a new energy automobile company.

  After Nanjing Boxun and Tianjin FAW announced their intention to establish a joint venture company on April 29 this year, the joint venture process was once again accelerated, and the two sides formally signed an agreement with September 27 to formally establish a joint venture company. Tianjin FAW Xiali Automobile Co., Ltd. announced on the evening of September 27th that it would set up a joint venture, Tianjin Bojun Automobile Co., Ltd., with a registered capital of 2.54 billion yuan. Among them, FAW Xiali contributed 505 million yuan with assets and liabilities related to the whole vehicle, such as land, plant, equipment, etc., with a shareholding ratio of 19.9%. Nanjing Bojun New Energy vehicle contributed 2.034 billion yuan in cash.

  Xialibo County announcement Xialibo County Joint Venture Plan FAW Xiali and Bo County Progress 2019-09-28
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  FAW Xiali teamed up with Boxun, a new force in car building, to form a new energy joint venture

  FAW Xiali signed a joint venture agreement with Boxun Automobile, a new power car-building company, and the two sides will jointly form a joint venture company to produce and sell new energy vehicles. On the evening of April 29, FAW Xiali announced that FAW Xiali intends to contribute with assets and liabilities related to the whole vehicle, such as land, plant and equipment, and Nanjing Bojun New Energy Automobile Co., Ltd. with cash, the two sides set up a joint venture. It is reported that in the joint venture, Boxun will invest more than 1 billion yuan and have an absolute controlling stake, while FAW Xiali will mainly contribute to production qualifications, and the future debt of FAW Xiali will be borne by the joint venture company. According to the agreement, the joint venture company is registered.

  FAW 2019-04-30
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  Sales continued to be sluggish, and Zhang Zhen, director of public relations at LinkedIn, was exposed to leave.

  It is reported that Zhang Zhen, director of public relations of Lecker Automobile, has left his job and joined the new force of car building, Boxun Automobile. At present, the news has been confirmed. Lectra is a brand jointly built by Geely and Volvo, while Boxun Automobile is one of the new car-making forces in China, and there is still a gap between the two companies because they have not yet achieved mass production. As a result, many netizens speculated that the departure of Zhang Zhen, director of public relations, may be related to the current situation of Lectra. Zhang Zhen has previously worked for Ferrari, Guanzhi and other brands, responsible for market communication affairs, joined the newly founded Lectra brand, for Lecker to create a younger brand image. The first car model of Zhaoke-Lengke 01.

  Zhang Zhen of Lingke Automobile 2019-10-07
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  FAW Xiali lost 1.4 billion yuan in 2019, and its assets were negative at the end of the year.

  On the evening of April 9, as the net assets of FAW Xiali at the end of 2019 were negative, FAW Xiali was treated as a "delisting risk warning" since the 10th, and the stock abbreviation was changed from "FAW Xiali" to "* ST Xiali". According to the annual report released by FAW Xiali in 2019, the operating income in 2019 was 429 million yuan, down 61.85% from the same period last year; the net profit attributed to listed companies was-1.481 billion yuan, down 4068.32% from the same period last year; the net profit after deducting recurrent profit and loss belonging to shareholders of listed companies was-1.561 billion yuan, down 23.57% from the same period last year.

  FAW Xiali 2020-04-10
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  FAW Xiali has announced that it will stop production and may become a "contract factory".

  FAW Xiali, a popular car brand in the late 1990s, was once everywhere, with a 40% share of the taxi market that year, which shows FAW Xiali's sales and reputation in that year. However, with the development of time, the sales of FAW Xiali declined year by year, and finally announced the suspension of production. The predecessor of FAW Xiali is Tianjin Automobile Xiali Co., Ltd., which was established in 1997. In 2002, China first Automobile Group signed a restructuring agreement with Tianjin Automobile Industry, so it was renamed Tianjin FAW Xiali. FAW Xiali, which has been the top seller for 18 years in a row, has been huge since 2013.

  Factory FAW 2019-05-21
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  It is common for independent brands to change their labels, and it is a worry to start a new stove and rebuild.

  BAIC finally replaced its long-complained product, LOGO. At the launch of BAIC's own product Zhida X3, the Saab brand, which used to be the high-end representative of BAIC, was suspended, which was directly named after the Zhida X3 and stopped using the letter "BEIJING". Since then, BAIC has had three forms of its own brand, including the "Beijing" Chinese logo, the "BEIJING" letter logo and the original Saab's "senova". Wu Zhoutao, vice president of BAIC, said that the brand "Saab" is about to withdraw from the auto market, and BAIC will gradually return to the Beijing brand. In addition, BAIC Zhida LOGO... on X3

  Commonplace independence brand 2019-07-12
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  The performance list of domestic automobile enterprises was released, and revenue and profit fell collectively in the first half of the year.

  Entering 2020, China's automobile market continues to be in the doldrums further, coupled with the irreparable losses caused by the COVID-19 epidemic, the sales volume of domestic car companies has dropped sharply compared with the same period last year, and the decline in operating income and net profit has become a common phenomenon. however, with the improvement of consumption level after the epidemic, the performance of car companies has also begun to pick up. According to a number of listed car companies disclosed in the 2020 interim results summary statistics (ranked according to the level of operating income), more than 90% of car companies have a double decline in revenue and profit, even SAIC is inevitable. Judging from the list, the top five car companies are SAIC, BYD and Dongfeng set.

  BYD SAIC 2020-08-29
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  Stuck in a financial quagmire, Boxun Automobile signed a waiting agreement with its employees.

  According to media reports citing Boxun Auto employees, Boxun Automobile signed a standby agreement with some employees. According to the agreement, the waiting period is from June 1, 2020 to December 31, 2020, during which the company will pay 2480 yuan of living expenses to employees every month. Some employees said, "No wages were paid from February to April this year, only about half a month's salary was paid on May 15, and the average employee only had more than 2,000 yuan." Another employee also said, "because the previous salary has not been settled, many employees have chosen to sign the waiting agreement." With wages in arrears and layoffs, Boxun, whose future is uncertain, is in a business crisis. Year.

  Boxun car 2020-06-04
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  Layout of mid-and high-end new energy market, Zhongtai acquires technology companies

  According to the Financial Associated Press, * ST Zhongtai's acquisition of Shanghai Junqu Automotive Technology Co., Ltd. (hereinafter referred to as "Shanghai Junqu") did not issue an acquisition announcement because the transaction amount was small and did not meet the disclosure standards stipulated in the Stock listing rules. Data show that Shanghai Junqu was established on August 6, 2020, with a registered capital of 1 million yuan, paid-in capital of 100 million yuan, and the legal representative is Wu Yunfei. Through equity penetration, Shanghai Junqu is 100% controlled by Zhejiang Zhongtai Automobile Manufacturing Co., Ltd., while Zhejiang Zhongtai Automobile Manufacturing Co., Ltd. is a wholly-owned subsidiary of Yongkang Zhongtai Automobile Co., Ltd., and the latter's controlling shareholder.

  Zhongtai Automobile 2022-02-22
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  FAW car has a pre-loss of 300 million yuan in the first three quarters and has just received 100 million government subsidies.

  FAW sedan owns two major passenger car brands, FAW Pentium and FAW Mazda. According to the performance forecast released today, FAW sedan is once again at a loss. The latest performance forecast of FAW car shows that the company expects a net loss of 236 million yuan to 296 million yuan in the first three quarters of this year, from profit to loss. As for the reasons for the performance changes, FAW sedan said that from January to September 2019, sales in the domestic passenger car market declined, and the company's vehicle sales decreased, affected by factors such as the switch between country 5 and country 6, rising prices in the precious metal market and fluctuations in the exchange rate of the Japanese yen. As a result, the company's operating income, gross profit margin and other indicators decreased compared with the same period last year.

  FAW Pentium FAW car performance 2019-10-15
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  FAW cars make a profit of 0.36-54 million yuan in 2019, making a living by transferring assets and government subsidies.

  Recently, FAW car Co., Ltd. issued an annual performance forecast for 2019, which showed that 73.45% MUE 82.30%. FAW cars said in the preview that due to the decline in the domestic passenger car market, the switching between the fifth and sixth countries, the rise in precious metals market prices, the rise in the exchange rate of the yen and the replacement of new and old models, the company's product gross profit margin and other financial indicators decreased. According to the third-quarter results released by FAW cars on November 31, 2019, the total operating income of FAW cars in the first three quarters of 2019 was 17.292 billion yuan, down 6.95% from the same period last year. Belonging to the shareholders of a listed company.

  FAW car 2020-01-25
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  According to the performance forecast of four autonomous car enterprises, Changan Automobile has a profit of more than 3.2 billion yuan.

  Mid-October has passed, a number of domestic car companies have released the latest performance forecasts for the first quarter, with the introduction and landing of the government and the rapid recovery of the domestic macro-economy, a number of head car companies showed varying degrees of profit growth in the third quarter, but it is still difficult for marginal car companies to recover the declining situation. The net profit of Changan and BYD both soared, and the profit of the main business was weak. On October 15, Changan Automobile issued a forecast for its third performance, showing a profit of 5.98-1.198 billion yuan in the third quarter of 2020, an increase of 241.84% and 384.2% over the same period last year.

  Seahorse Zhongtai Changan BYD 2020-10-16
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  The national god car fell! FAW Xiali lost 701 million yuan in the first three quarters and has lost money for five consecutive years.

  Tianjin FAW Xiali Automobile Co., Ltd. released its third quarter results report in 2019, which showed that revenue in the third quarter of this year was 65 million yuan, an increase of 69.29% over the same period last year. The net profit belonging to shareholders of listed companies was-149 million yuan, down 59.16% from the same period last year. In the first three quarters of this year, FAW Xiali achieved a cumulative revenue of 353 million yuan, down 62.52% compared with the same period last year. The net profit belonging to shareholders of listed companies was-701 million yuan, an increase of 30.15% over the same period last year. In fact, FAW Xiali has no real net profit since it was deducted in 2012.

  FAW Xiali third quarter results 2019-11-01
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  FAW car issued a performance forecast with an estimated loss of 236 million yuan in the first three quarters.

  FAW cars issued the latest performance forecast, which shows that FAW cars are expected to have a net loss of 236 million yuan to 296 million yuan in the first three quarters of this year, compared with a profit of 135 million yuan in the same period last year. Of this total, the loss in the third quarter is expected to be 246 million yuan to 306 million yuan, compared with a profit of 54.208 million yuan in the same period last year. The company said that the profit and loss was mainly due to the decline in sales caused by the domestic passenger car market, as well as the switch between the fifth and sixth grade, which reduced the company's vehicle sales. However, according to the latest statistics of the Federation of passengers, in September, the national passenger car market fell 6.5% compared with the same period last year, FAW sedan was led by 35.2%.

  FAW car issued a performance forecast 2019-10-14
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  Several markets failed to meet expectations, and Mazda's operating profit fell 76% in the third quarter.

  Mazda reported results for the fiscal third quarter ended December 31, and its operating profit plunged 76% in the most recent quarter. Operating profit fell to 6.5 billion yen ($59.6 million) in the fiscal third quarter ended December 31, while net income fell 37% to 15.8 billion yen ($144.9 million). Judging from the announced results, Mazda's operating income and profits have declined, especially operating profit, which has fallen by as much as 76%, mainly due to varying degrees of decline in its sales in the global market. According to the sales figures announced by Mazda.

  Mazda Onksera. 2020-02-06
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  FAW car has a net profit loss of 276 million yuan in the third quarter, and the restructuring plan still needs to be approved by the competent department.

  FAW cars released its third-quarter results, according to data, FAW cars achieved operating income of 6.591 billion yuan in the third quarter, an increase of 20.09 percent over the same period last year. The net profit loss belonging to shareholders of listed companies was 276 million yuan, down 609.65% from the same period last year. In the first three quarters of this year, the total operating income of FAW cars was 17.292 billion yuan, down 6.95% from the same period last year. The net profit belonging to shareholders of listed companies was a loss of 267 million yuan, down 297.33% from the same period last year. In addition, the financial report also disclosed the receipt of 39 million yuan in subsidies from the government. It is worth noting that FAW in the first half of this year.

  FAW car 2019-11-02
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  Toyota's sales for fiscal year 2021 were announced after a sharp drop of 8.1% in March.

  On April 27th, Toyota Motor Group released production and sales figures for March 2022 and fiscal year 2021. Data show that Toyota's global sales fell to 903031 vehicles in March 2022, down 8.1% from a year earlier, of which domestic sales in Japan were 163786, down 14.

  Toyota Automobile production production Factory impact sales Japan Global epidemic month supply production Line growth Local 2022-04-27