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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%.
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.
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.
On July 12, FAW issued a performance forecast that the company expects the net profit to be attributed to shareholders of listed companies from 9 million to 13 million from January to June 2019, a year-on-year change of-88.88% to-83.93%. The average net profit growth rate of the automobile industry is-20.14%. The company made the above forecast based on the following reasons: the sales volume of the passenger car market declined in the first half of the year, and the competition continued to intensify, resulting in a decrease in the sales volume of the company's products; affected by the switching between the fifth and sixth countries, rising prices in the precious metal market and fluctuations in the exchange rate of the Japanese yen, the company's product costs increased; due to the decline in the income of the participating companies, the public.
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.
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.
On October 14, Haima issued a performance forecast for the first three quarters of 2021, which is expected to achieve a net profit loss of about 153 million yuan to 178 million yuan for shareholders belonging to listed companies from January to September in 2021, compared with a loss of about 234 million yuan in the same period last year. It is worth noting that this is not the first time that Haima Motor has lost money, as its net loss has exceeded 2 billion yuan in the past two years. As for the loss, Haima Motors said in the announcement: the product market performance has not met expectations. In addition, since the third quarter, the seahorse car base in Zhengzhou has encountered an epidemic situation and extreme rainstorm disaster weather, and normal production and management activities have been affected to a certain extent.
FAW Pentium was warned for its promotion of the "Chinese captain" element. On October 21, Boehner Pictures issued a statement that FAW Pentium T99 used a number of film elements, including the name "Chinese Captain" and personas, in its promotion without authorization. Bona Pictures said that the party involved should immediately stop the infringement and delete all the infringing content, and the company retains all necessary legal measures. FAW Pentium official response today, Zhang Hanyu starred in "Chinese Captain", but also FAW Pentium T99 image spokesman, during the contract period FAW Pentium enjoyed the right to use the portrait authorized by Mr. Zhang Hanyu, all spread.
As a number of domestic listed car companies have disclosed their sales performance for half a year, it means that the domestic automobile market has been shrouded in the novel coronavirus epidemic for half a year. As the epidemic has been gradually brought under control, the domestic car market has also recovered significantly. More than 80% of the car companies achieved growth in June, but no car companies achieved more than half of the sales in the first half of the year.
Under many unfavorable factors, such as the economic downturn in 2019, the upgrading of consumption, the continuous decline in the trend of domestic car sales, the subsidy retreat of new energy vehicles, and the switch from national five to national six models, the car market is generally rated as "the worst car market that car companies have ever taken." As of July 31, more than 60 listed automobile companies have successively disclosed their performance forecasts for the first half of 2019. Among them, the performance pre-decline accounted for 44.26% of the total number of enterprises, pre-increase, turnround and profit-making enterprises accounted for 24.59% of the total, loss-making enterprises as high as 27.87% of the reasons for losses, some companies pointed out in the statement of performance changes, subject to domestic macro.
On the evening of January 16, * ST seahorse issued a 2019 performance forecast. * ST seahorse expects the 2019 performance to turn into a profit, with a net profit of 90 million yuan to 130 million yuan for shareholders of listed companies, compared with a loss of 1.63 billion yuan for the same period in 2018. Against the background of a sharp decline in car production and sales, the shares of listed companies have been given a "delisting risk warning", and the shares of Haima have been changed to "* ST seahorse". Seahorse is expected to retain its shell successfully by selling idle real estate, transferring the shares of its subsidiaries and turning losses into profits through government subsidies. Sell idle real estate seahorse cars respectively.
Recently, Beidou Xingtong issued a "2019 performance Forecast and Goodwill and Asset impairment risk Alert announcement". According to the announcement, the estimated impairment loss of accounts receivable in 2019 is 51 million yuan, mainly from Zhongtai Automobile and Boxun Automobile. Boxun Automobile due to the tight capital chain, the whole vehicle project is currently in a state of suspension, and the accounts receivable of the company has been overdue since July 2019, judging from the operating conditions of customers. The possibility of a refund is slim. Nanjing Boxun Automobile was founded in December 2016, the scope of business is new energy vehicles and parts research and development, manufacturing, sales and so on. At present, the company.
On the evening of March 11, Tianjin FAW Xiali Automobile Co., Ltd. (hereinafter referred to as "FAW Xiali") disclosed the "announcement on the Progress of the implementation of Major Asset reorganization" and announced that the enterprise name and legal representative had been changed. The announcement shows that on February 21, the Ministry of Ecology and Environment has changed the enterprise environmental protection information, the enterprise name has been changed to "Tianjin Bojun Automobile Co., Ltd." (hereinafter referred to as "Tianjin Boxun"), and the legal representative has been changed to "HUANG XIMING". On September 7, 2019, FAW Xiali announced that it planned to contribute to the vehicle-related land, plant, equipment and other assets and liabilities.
On July 14, Changan Automobile issued a semi-annual performance forecast for 2022. The report shows that in the first half of the year, the net profit of Changan Automobile belonging to the shareholders of listed companies was 50-6.2 billion yuan, an increase of 189.14%, 258.54% over the same period last year, and the net profit after deducting non-recurrent profit and loss was 2.5-3.5 billion yuan.
Production and sales of seahorse cars plunged in January, with monthly production of only 731 or 1327 vehicles, down 87.45 per cent from a year earlier, and sales of 1327 vehicles, down 87.45 per cent from a year earlier. Sales of seahorse cars continued to plummet in February. Seahorse released sales of KuaiBao in February, with monthly production of 1464 vehicles, down 75.06% from a year earlier, and sales of 1883 vehicles, down 61.7% from a year earlier. The "peak" of Haima was in 2016, when Haima's annual S5 sales exceeded 100000, with overall sales exceeding 216000 at one point. And then in 2017, the seahorse.
Production at brilliance BMW's Shenyang Dadong plant was temporarily suspended due to the control of the epidemic in Shenyang, according to Caijing Automotive. The person in charge of brilliance BMW said: "in order to better respond to Shenyang's unified call to coordinate epidemic prevention and control and ensure local economic and social development, brilliance BMW has made every effort to ensure the health and safety of its employees." always arrange the production and operation of the Dadong factory in a prudent and orderly manner according to the needs of business and epidemic prevention. As of press time, brilliance BMW has not announced the specific time to resume production. According to Shenyang COVID-19 epidemic prevention and control work press conference, as of 24:00 on March 21, Shenyang this round.
Since China announced last year that the restrictions on foreign shares in passenger cars would be lifted by 2022, many overseas car companies are ready to move. BMW is the first car company to increase its stake in brilliance BMW, except BMW. Volkswagen, Audi, Ford and Daimler all seem to be interested in increasing their holdings in the joint venture. Recently, it was reported that Volkswagen wants to buy a large stake in JAC and has hired Goldman Sachs as an adviser. Volkswagen is considering buying a large stake in JAC Motor, its electric car joint venture partner in China, and has hired Goldman Sachs as an adviser, Reuters quoted sources as saying. The current market capitalization of Jianghuai Automobile is about 1.7 billion US dollars.
After a substantial expansion of the automobile dealer group, as the market enters the stock competition stage, some dealers will also enter the survival status of operating losses, shutting down or selling their business. From the huge group selling stores to surviving, to Zhengtong Motors being forced to sell its stake because hundreds of millions of dollars in loans are difficult to repay, dealer groups have also begun to split into two levels. Now, another dealer group has had an accident. Rundong Motor, which ranked more than 20 in China in terms of revenue in the past, not only sold its stores substantially, but also was filed for bankruptcy reorganization by creditors because of overdue debt repayment. On August 25, Rundong Motor announced that a creditor had been in August 2020.
The National Bureau of Statistics recently released information on the profits of large-scale industrial enterprises across the country in 2019. Among the 41 major industrial industries, the total profits of 28 industries increased compared with last year, while 13 industries decreased, of which the operating income of the automobile industry was 8.08467 trillion yuan, down 1.8 percent from the previous year; profits totaled 508.68 billion yuan, down 15.9 percent from the same period last year.
Giant Automobile issued a pre-loss announcement on January 30th, which is expected to lose 6 billion-6.5 billion yuan in 2018. On this issue, the Shanghai Stock Exchange has issued a letter of inquiry on the performance pre-loss of Giant Automobile Trade Group Co., Ltd. Recently, Giant Automobile officially returned to the Shanghai Stock Exchange. Due to the reduction in the number of cars sold, the company's annual operating income has dropped sharply, but operating costs have risen sharply. Giant said it sold 254400 vehicles in 2018, down 227300 from a year earlier. In addition, due to the company's insufficient procurement, did not reach the manufacturer's annual assessment indicators, can not be sufficient.
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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