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  FAW and Toyota decided to reorganize the management system and unify the management by a subsidiary.

  Toyota and FAW of China decided to reorganize the management system of the joint venture FAW Toyota. According to official sources, Tianjin FAW Toyota Motor Co., Ltd. (TFTM) will become the overall enterprise of FAW Toyota, while other FAW Toyota vehicle and engine manufacturers will be included as its wholly-owned subsidiaries.

  FAW Toyota reorganizes its management system 2020-04-28
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  Heavy! Zhu Yanfeng was relieved from his post as chairman.

  According to the official WeChat release of Dongfeng Automobile, on the afternoon of March 3, 2023, Dongfeng Automobile Group Co., Ltd. held a leadership meeting. Entrusted by the leaders of the Organization Department of the CPC Central Committee, the responsible comrades of the relevant cadre bureaus of the Organization Department of the CPC Central Committee announced the decision of the Central Committee on the removal of the chairman and secretary of the party committee of Dongfeng Motor Group Co., Ltd.

  Automobile Dongfeng Zhu Yanfeng Group Dongfeng Automobile Director Chairman Brand FAW Group Market China sales Central Company Industry 2023-03-04
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  Two car companies released car sales in July, a year-on-year rise

  Just after July, two car companies released sales figures, namely FAW Toyota and FAW Red Flag. Of course, the two car companies are eager to announce sales, but also on the premise of gratifying results, sales rose sharply in July. New car sales reached 79000 in July, up 40 per cent from a year earlier, according to official FAW-Toyota figures. From January to July this year, FAW Toyota sold 430000 vehicles, accounting for 4.7 per cent of the market, up 0.8 per cent from the same period last year. During the epidemic in the first half of 2020, market activities and car consumption were restricted, resulting in a sharp decline in car sales. Gradually get rid of it in the second quarter.

  FAW Toyota 2020-08-02
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  Using plastic tail door, FAW-Toyota's first MPV project was announced.

  FAW Toyota suppliers announced that they have won a project to manufacture the bumper and plastic tail door of the MPV model code 01roomD, which is FAW Toyota's first MPV model.

  FAW Toyota's first MPV 2020-07-02
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  With a reshuffle of the automobile industry in 2020, these brands are facing a moment of life and death.

  2020 is a special year for the global market. due to the influence of the epidemic, the production and operation of the upper, middle and lower reaches of the automobile industry have stagnated. Although the Chinese market has become the first automobile market to recover, under the influence of such a market, there are still many car brands that finally stopped in 2020 because of poor management and become history. 1. Dongfeng Renault on April 14, 2020, both shareholders of Dongfeng Renault announced that the joint venture company had officially ceased operation. Both shareholders reorganized Dongfeng Renault, and Renault transferred its 50% stake in Dongfeng Renault to Dongfeng Automobile Group. Dongfeng Lei.

  FAW Xiali brilliance Group Dongfeng Renault 2021-01-01
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  Operating at a loss, Rundong Automobile Group was filed for bankruptcy reorganization by creditors.

  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.

  Rundong Automobile car Dealer 4S Store 2020-08-25
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  FAW Group plans to buy brilliance for $7.2 billion? Brilliance China responds

  There has been no substantial progress since brilliance was ruled by the court to go bankrupt and reorganized. FAW is considering buying BMW's main Chinese partner brilliance China Automotive Holdings Co., Ltd., with a total deal likely to reach $7.2 billion (46.7 billion yuan), media sources reported on Feb. 3. According to the source, according to the plan currently under discussion, FAW will first acquire 30.43% of brilliance's shares and 11.89% of the shares of the state-controlled Liaoning Provincial Transportation Investment Group. FAW will then make a mandatory offer for the remaining shares of brilliance. At the same time.

  Brilliance Group FAW Group 2021-02-03
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  The huge group faces debts of up to 24.7 billion yuan and does not make money with 359 4S stores.

  In 2019, the entire automobile industry is very impetuous, new car sales continue to decline, some car companies have been marginalized, upstream and downstream supplier industry chain has been affected, even 4S stores are complaining that they are not making money. In such an environment, the huge Auto Trade Group, one of the top ten dealer groups in China in the past, fell into the current situation of bankruptcy restructuring and debt crisis, of which the debt may be as high as 24.7 billion yuan. The giant group announced that the Intermediate people's Court of Tangshan City, Hebei Province had ruled to accept the creditor Beijing Jidongfeng Automobile sales and Service Co., Ltd. for the restructuring of the giant group, and designated the liquidation group of Giant Automobile Trade Group Co., Ltd. as Pang.

  Huge groups huge bankruptcy restructuring 2019-11-12
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  After burning up 8.4 billion of the production cars, another car company was filed for bankruptcy reorganization.

  According to Tianyan investigation, Baiteng Automobile affiliated company Nanjing Zhixing New Energy Automobile Technology Development Co., Ltd. added bankruptcy reorganization information on July 12, case number (2021) Su 0113 Breaking Shen 26, the applicant is Shanghai Huaxun Network system Co., Ltd. According to Sky Eye check risk information, the company currently has a total of 23 information about the person subject to execution and 13 pieces of untrustworthy information. In response, the person in charge of Baiteng Automobile responded to the media: "at present, some creditors have filed a lawsuit to the court and filed for bankruptcy, the court has not formally accepted the bankruptcy application, Baiteng is actively responding and seeking settlement." According to public information, bye.

  Baiteng car 2021-07-13
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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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  Suspected of emptying the company's cash and assets? The huge group issued an announcement.

  On May 19th, * ST issued an announcement that Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "Giant Group") received the announcement of the second Department of Management of listed companies of the Shanghai Stock Exchange (hereinafter referred to as "Shanghai Stock Exchange") on the repurchase of shares of Giant Automobile Trade Group Co., Ltd.

  Large group company automobile net profit net profit listed company shareholder share transaction investment investor limited limited dealer 2023-05-19
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  The purchase price is too low! BMW's purchase of brilliance China factory may be stopped

  According to a number of media reports, brilliance may reject the acquisition of BMW because the 1.633 billion yuan purchase price offered by BMW is too low. According to brilliance insiders, "the acquisition of the Chinese factory by BMW has been stopped, and the relevant BMW staff in the Chinese workshop have been withdrawn." According to the above-mentioned person, the relevant leaders of FAW are meeting with the executives of brilliance Group recently, and the group thinks that the price for BMW's 1.633 billion yuan purchase of the China Automobile plant is too cheap, so it does not agree. In response to the above news, BMW Chinese officials said: "the project continues to receive support from all parties, and we are currently in progress as planned."

  BMW brilliance China 2021-11-26
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  Geely and Volvo plan to reorganize and merge, which is expected to become the company with the highest market capitalization in China.

  On the evening of Feb. 10, Geely issued an insider announcement that its management was in preliminary discussions with the management of Volvo AB (Volvo) to explore the possibility of restructuring through the merger of the two companies. Geely said that when the two companies were restructured, they would become a strong global automotive group, achieving synergies between cost structuring and technology development to meet future challenges. After the reorganization, Geely Motor in Hong Kong will be docked with the global capital market through the main body of the listing. The next step will be to consider listing in Stockholm, Sweden, but there is no relevant timetable or detailed plan.

  Geely Volvo 2020-02-11
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  The situation is endangered! Car dealer "King of 4S Store" may face delisting

  The giant group, once hailed as "China's largest car dealer", has released a series of warnings to the outside world that its shares may be terminated. From May 11 to May 13, the giant group issued a number of risk warning announcements that the listing of shares may be terminated.

  Huge Group Stock risk Tip maximum announcement outside multiple Automobile Dealer China 2023-05-13
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  Announcing his withdrawal from the historical stage, FAW Xiali officially changed its name to Tianjin Boxun.

  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.

  FAW Xiali Boxun Automobile 2020-03-12
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  After the merger, sales plummeted, and Mazda forgot China.

  Recently, Changan Mazda officially announced that Nakajima will officially step down as president of Changan Mazda Automobile Co., Ltd., and live in "King to take over from Nakajima" as president of Changan Mazda Automobile Co., Ltd. According to the data, Ju joined Mazda Motor Co., Ltd. in 1992. Since 2014, Mr. Ju has served as the Minister of the second Business Department of China, the Director, Executive Vice President and CFO of Mazda (China) Enterprise Management Co., Ltd., the Minister of China Business Promotion and the head Minister of China Enterprise Department. Nakajima joined Mazda Motor Co., Ltd. in 1987 and served successively as Mazda's global commodity marketing minister and North America.

  Mazda 2022-03-20
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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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  Big move! BYD will fully take over Yi'an property Insurance to enter the insurance industry

  Recently, according to media reports, BYD will take over 100% of its stake in Yi'an property Insurance. At present, the bankruptcy reorganization plan of Yi an property Insurance has been basically completed. According to the measures for the Management of Equity of Insurance companies, the upper limit of the proportion of shares held by a single shareholder of an insurance company is 33.33%, but this time BYD is a wholly-owned takeover.

  Easy an property insurance Biya companies new energy automobiles aspects business auto insurance investment Internet insurance companies institutions interconnection net profit 2023-01-23
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  Become debt-ridden! A new energy car company in Zhejiang has been filed for bankruptcy liquidation

  In 2020, Zhongtai Motor, which once sold 330000 vehicles a year, seems to have encountered a lot of trouble. news about "Zhongtai system" shutdown, wage arrears and rights protection, bankruptcy reorganization, bankruptcy liquidation and so on. After Zhongtai, Junma, Hanteng and Hanlong, another "Zhongtai" enterprise was mired in debt crisis and was filed for bankruptcy liquidation by creditors. Recently, * ST Zhongtai issued a notice that recently received a "civil order" issued by Zhejiang Yongkang Court, Zhongtai Automobile Co., Ltd. (hereinafter referred to as "Zhongtai Automobile") second-class wholly-owned subsidiary Zhongtai New Energy Automobile Co., Ltd., by creditors Hangzhou Tiecheng Information Technology Co., Ltd. And Jin.

  Zhongtai New Energy Zhongtai Automobile 2020-12-04
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  Another new force goes bankrupt

  "Automotive Industry concern" learned from the Heavenly Eye that on June 14, Baiteng Automobile affiliate Nanjing Zhixing New Energy Automobile Technology Development Co., Ltd. (hereinafter referred to as "Zhixing New Energy vehicle") added a piece of "bankruptcy reorganization" information. The case number is (2023) Su 0113 break 48, and the case type is "bankruptcy case".

  Company Automobile Zhixing Limited Nanjing Co. Ltd. New Energy case Court Electric Investment Technology Electric vehicle Development people's Court 2023-06-16