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A few days ago, brilliance China released its 2020 financial report, 2021 financial report and 2022 interim results report one after another. According to the financial report, brilliance China achieved operating income of 3.123 billion yuan in 2020, down 19.13% from the same period last year, and profit attributable to shareholders was 11 million yuan, down 99% from the same period last year.
Following the "Xi'an Mercedes-Benz woman" incident, 4S stores increased the cost of financial services in the car purchase fee and other problems. But now, although there is no financial service fee, there is an extra notarization fee. In addition, there are a lot of fees such as insurance, listing, GPS and so on. Prior to this, the Mercedes-Benz woman incident attracted a high degree of media attention, which not only exposed the after-sales service and problem handling attitude of automobile brands and their 4S stores, but also exposed the problem of illegal collection of financial service fees in the automobile sales industry. However, after the incident, market regulators interviewed a number of 4S stores, so most stores cancelled financial service fees. ...
On March 2, Xilai released its financial results for the fourth quarter of 2020 and its annual financial results. According to the financial report, the revenue of Xilai Automobile in 2020 was 16.26 billion yuan, an increase of 107.8 percent over the same period last year, while the net profit loss was 5.204 billion yuan, down 53.04 percent from the same period last year. Of this total, revenue in the fourth quarter of 2020 was about 6.641 billion yuan, up 133.2 percent from the same period last year, while the net loss was about 1.389 billion yuan, down 51.5 percent from the same period last year. The narrowing of revenue and profits of Xilai has a lot to do with the sharp increase in delivery volume. According to the data, the cumulative delivery volume of Xilai Automobile in 2020 is 43 and 7.
As many companies have released their results for the first quarter of 2021, it is a bit late for Ningde to release last year's results recently. However, this latest financial report reflects the performance growth of the Ningde era over the past year, which is also worth celebrating. According to its latest financial report, the Ningde era achieved a 22.43% increase in net profit in 2020.
Faraday is accused of not complying with the listing rules in the future.
Local subsidies for new energy vehicles in Shenzhen are withdrawn. On February 18, the Shenzhen Municipal Development and Reform Commission issued the latest detailed rules for the implementation of Financial subsidies for the Promotion and Application of New Energy vehicles, pointing out that new energy vehicles licensed after August 7, 2019 will no longer be subsidized for purchase. Full text of the policy: the detailed rules for the implementation of financial subsidies for the promotion and application of new energy vehicles in Shenzhen from 2019 to 2020 are to implement the notice of the Development and Reform Commission of the Ministry of Industry and Information Technology of the Ministry of Finance on further improving the financial subsidy policy for the promotion and application of new energy vehicles (Caijian (2019) 138C) (hereinafter referred to as Caijian (2019) 138C).
Today, Faraday Future announced its financial results for the first quarter of 2022 through its official Wechat account. According to disclosed financial data, as of March 31, 2022, the company's operating loss was about $149 million.
On November 29th, ideal Motor released its results for the third quarter of 2021, showing that its revenue in the third quarter was 7.775 billion yuan, an increase of 209.7% over the same period last year. The net loss of ideal car in the third quarter was 21.5 million yuan, which narrowed by 79.9% compared with the same period last year. As of September 30, 2021, the total amount of ideal car cash and cash equivalents, restricted cash, time deposits and short-term investments is 48.83 billion yuan. The growth of ideal automobile revenue is inseparable from the growth of new car delivery. According to the financial report, the ideal car delivery volume in the third quarter of 2021 is 25116, of which vehicle sales revenue is 73.9.
According to several sources at the top of the company, Xie Dongzhong, chief financial officer (CFO) of Lulai Automobile, will leave office in the near future. According to people familiar with the matter, Chief Financial Officer (CFO) Xie Dongzhong is likely to work until the 30th of this month. However, to this news, the public relations staff of Xilai automobile responded that they had not received the relevant news yet. It is understood that Xie Dongqin joined Xilai Automobile in May 2017 and took up the position of CFO, responsible for the financing and listing projects of Lulai Automobile, reporting directly to Li Bin, Chairman and CEO of Xilai Automobile. There are two financial directors of Lulai Automobile. One is Wang Dongning, vice president of financial affairs of Lulai Automobile, and Ning is in charge of Lulai.
Recently, domestic automobile listed companies have released Q3 financial results for 2022 one after another. Among the Q3 financial reports of 12 A-share listed vehicle companies counted by "Automotive Industry concern", only BYD, GAC GROUP, Great Wall Automobile, Lifan Technology have achieved double growth in revenue and net profit, SAIC Group, Changan Automobile, BAIC Blue Valley and so on.
In April, the "Xi'an Mercedes-Benz oil spill" moved the dark scenes of Mercedes-Benz in the industry to the national audience, and the illegal collection of "financial service fees" by 4S stores had a huge impact. The State Administration of Market Supervision recently interviewed Mercedes-Benz again: fees must not be charged illegally. According to the investigation of the domestic media, the financial service fee of "everyone shouting" has disappeared, but it has been replaced by many clearly marked charging items. A reporter visited the billboard of a 4S store in Shanghai, and the first one was the "comprehensive service charge" of 5000 yuan, including insurance and purchase tax.
According to media reports, Xie Dongzhong, chief financial officer (CFO) of Xilai Automobile, will leave office in the near future. According to the data, Xie Dongzhong holds a Bachelor of Science degree in Engineering from Stanford University, an MBA degree from Harvard Business School, and a Bachelor of Science degree from the University of California, Berkeley, and has a long overseas working background. Xie Dongzhong has worked for JPMorgan Chase, UBS assets, UBS Investment Bank and other companies for many years, and then served as president and chief financial officer of New Oriental Education and Technology Group. In May 2017, Xie Dongzhong joined Weilai Motor as CFO, responsible for financing and listing projects, and reported directly to Chairman and CEO Li Bin. Xie Dongzhong.
On December 27, according to a news release from the Media Power Plant of the Interface Financial Associated Press, Xiaopeng Motor continued to adjust its organizational structure, set up a new financial platform to recover the financial rights of each center, and strictly controlled costs. It is understood that the financial and economic platform includes the Finance BP Department, the platform Finance Department, the Integrated Finance Group, the tax Management Group, the Fund Management Group and the Special Finance Group.
FF may be in danger of breaking the capital chain again, and Faraday must submit its official financial results for the third quarter of 2021 by May 6, according to Rule 5250 (c) (1) of the Nasdaq listing rules. Otherwise, Faraday will be forced to delist in the future, which means that the last way to raise money will face the risk of closure. According to the time stipulated, there are 33 days left for Faraday in the future. If there is no formal financial report for 33 days to prove compliance, the stock market will be delisted and the fund-raising channel of the stock market will be closed. According to earlier media reports: on November 24, 2021, Faraday said it received na in the future.
On August 11, Xilai officially announced its second-quarter results. The financial report shows that the total operating income in the second quarter was 3.7189 billion yuan, an increase of 146.7% over the same period last year; the net loss of shareholders belonging to listed companies was 1.207 billion yuan, down 63.6% from the same period last year; in addition, as of June 30, 2020, cash and cash equivalents, restricted cash and short-term investment is 11.2 billion yuan. The biggest focus in the financial report is still on the gross profit margin, which is the first time that Lulai has become a regular car. According to the financial report, the gross profit margin of Lulai increased to 8.4% in the second quarter of this year from-33.4% last year, achieving Li Bin's previous target.
After listing, Weilai announced its first financial report, with a total income of 4.9 billion yuan and a net loss of 9.6 billion yuan in 2018. An unqualified financial report affected the operation and evaluation of Weilai. On May 28, Weilai officially released its first-quarter results. According to the financial report, the revenue of Lailai in the first quarter was 1.6312 billion yuan, down 52.5% from the previous quarter; the net loss reached 2.6236 billion yuan, down 25.1% from the previous month, and an increase of 71.4% over the same period last year. A total of 3989 new cars were delivered in the first quarter, with realized sales of 1.5352 billion yuan, down 54.6 percent from the previous quarter. Also today, Weilai announced that ES6 is coming in Jianghuai.
Under the trend that the growth rate of domestic car sales slows down, the competition in the consumer market intensifies, and the profit of new car sales continues to decline, more and more automobile companies turn their attention to the auto finance market. Including Jianghuai Automobile, Dongfeng Automobile and other traditional car companies, as well as Tesla, Xiaopeng Automobile and other newly built forces are also the layout of financial leasing companies. According to enterprise investigation data, on July 3, Weima Financial Leasing (Tianjin) Co., Ltd. was established with a registered capital of 800 million yuan. The company has two major shareholders, of which Weimar Automotive Technology Group Co., Ltd. owns 75% and Starfield International Co., Ltd. holds 25%. The future business scope of the new company includes: financial leasing business.
Since the protection of the rights of female owners of Mercedes-Benz in Xi'an, Mercedes-Benz has actually been at the forefront of the wind and waves. Although the Xi'an incident ended temporarily with a settlement between the two sides, the impact of this incident is far from over. In particular, the "hidden rules" of the industry of "financial service fees" have been pulled out in this incident. A few days ago, some media exposed that Qingdao Tongxin Automobile sales and Service Co., Ltd. forced consumers to buy insurance in the store and charge a service fee for loans to buy cars. At present, the sales staff involved have been suspended. Liu Peng, general manager of Qingdao Tongxin Automobile sales and Service Co., Ltd., said that the next step will carefully sort out the internal management of the company.
BYD announced last night that Wu Jingsheng, the company's senior vice president and chief financial officer, resigned because of age and personal reasons. Details of BYD's official announcement are as follows. The board of directors of BYD Co., Ltd. (hereinafter referred to as the "Company" or the "Company") received a written resignation report submitted by Wu Jingsheng, Senior Vice President and Chief Financial Officer of the Company on May 31, 2019. Wu Jingsheng applied to resign as Senior Vice President and Chief Financial Officer due to age and personal reasons, and will then serve as a consultant to the company. Wu Jingsheng's resignation will not affect the company's standardized operation in accordance with the law, nor will it affect the normal operation and development of the company.
On March 9, the day BMW Group announced its financial summary indicators for the year 2022, the group's financial management structure also ushered in a new personnel change. BMW Group announced that its chief financial officer, Nicolas Peter, is stepping down, 49-year-old Walter Mert.
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
New appointment! A car company's personnel adjustment
Starting from 146,000 yuan ! Linker Z20 pre-sale
Xiaomi SU7 hit a guardrail and caught fire! official response
Sold for 349,900 yuan! The new Cadillac XT6 dropped 100,000 on launch
There is no way to continue! An automobile company ends bankruptcy liquidation
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