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On Oct. 11, Ford China officially released the latest sales figures for the third quarter of 2019, which showed that Ford delivered a total of 121060 new cars in the Chinese market in the third quarter of this year, up from the second quarter of last year and down 30.3% from the same period last year. In terms of brands, the sales of Ford, Jiangling and Lincoln in the Chinese market declined in the third quarter compared with the same period last year. Specifically, the Ford brand sold 28119 vehicles in September, up 5% from a month earlier, while cumulative sales in the third quarter were 77443, down 37.7% from a year earlier. It is worth noting that Ford is leading the world in Ford products.
Today, Ford officially announced its third-quarter results. According to the data, Ford's revenue in the third quarter was $37 billion, down 2 per cent from a year earlier; net profit attributable to the company was $425 million, down 57 per cent from a year earlier; and third-quarter earnings before interest and tax rose 8 per cent to $1.8 billion. Judging from the announced results, Ford's losses in the Chinese market are shrinking. Ford believes that the improvement in its business in China is mainly due to some new products in its eyes, which improve the sales and marketing ability of dealers by reducing product costs and optimizing product structure, thus increasing the number of cars.
Recently, Jiangling released its third quarter report in 2019. According to the report, Jiangling Motor achieved sales revenue of 6.686 billion yuan in the third quarter of this year, up 13.28 percent from the same period last year, while net profit belonging to shareholders of listed companies was 98.8114 million yuan, up 198.65 percent from the same period last year. In the first three quarters of 2019, the company achieved sales revenue of 20.408 billion yuan, an increase of 1.08% over the same period last year. Net profit belonging to shareholders of listed companies was 158 million yuan, down 27.93% from the same period last year. Although Jiangling Motor performed well in the third quarter, it still showed a decline in the financial results of the first three quarters.
It is reported that due to supply chain restrictions on Ford's brand badge and nameplate / logo of designated models, Ford has delayed the delivery of some models, including Ford F-series pick-up trucks. On September 19, Ford announced that it was expected to end the third quarter due to a shortage of parts.
On Sept. 20, Ford's U.S. stock fell 12.32% to close at $13.09 per share, with a total market capitalization of $52.62 billion. Compared with the previous day's total market capitalization, Ford Motor lost $7.3 billion (51.2 billion yuan) a day. Yesterday, Ford issued a profit warning for the third quarter
On December 19th, Jiangling Motor announced that the company received a total of 168.293 million yuan from Nanchang City, Nanchang Xiaolan Economic Development Zone and Shanxi Transformation Comprehensive Reform demonstration Zone. The above government support funds are related to income and will be included in the company's profits and losses in 2019. In Beijing, where Jiangling Motor received government support, Jiangling Motor's profits fell short of expectations due to the sluggish automobile market and other reasons. According to the third quarter financial report, Jiangling Motor realized operating income of 6.686 billion yuan in the third quarter of this year, an increase of 13.28% over the same period last year.
As a result of the epidemic, global carmakers' losses are also expected, and Volkswagen, the world's largest Volkswagen group by sales, also posted a loss of 2.4 billion euros in the second quarter. Chain effect continues to break out, Honda, Daimler, GM, FCA, Nissan, Renault and other car companies reported huge losses, the second quarter is undoubtedly the most difficult quarter. Judging from the current financial results, only Toyota, PSA Group, Suzuki and Ford have achieved "difficult" profits. Toyota: profit of 9.8 billion yuan on August 6th, Toyota released its second-quarter results. The financial report shows that Toyota achieved revenue 4.6 in the second quarter.
Ford Motor Company reported a net profit of just $100m (690 million yuan) in the second quarter of 2019, down from $1.1 billion (7.56 billion yuan) in the same period last year. Ford's global revenue for the quarter was $38.9 billion (267.48 billion yuan), unchanged from the same period last year, with total revenue of $79.2 billion (544.59 billion yuan) in the first half of 2019, down 2 percent from a year earlier. It is understood that Ford's car sales are falling except in Europe, Ford restructuring.
It is reported that Ford Expedition (Conqueror) may be introduced into the domestic market in the form of imports next year, and the price range may be set at 60-800000 yuan. It was previously reported that Ford Bronco is expected to be made by Jiangling Ford and is expected to be listed in 2023. For domestic consumption
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As Jiangxi's largest car company, Jiangling, its Lufengzi brand has a mixed reputation in China. It has become a popular car company in the domestic car market for imitating the appearance of Land Rover Aurora X7, which has won the attention of many consumers. and imitation also makes Lufeng fall into the crisis of declining sales. A few days ago, a group of suspected espionage photos of Lu Feng's new SUV were exposed online, code-named E315. From the photo, we can see Lu Feng's previous design style again, this SUV not only combines the design elements of Land Rover, but also adds modern and Ford design style. This new SUV will position the compact SUV, which is expected this year.
On June 20, the new generation of Ford Fmur150 Raptor officially launched. As the hottest model in the imported pickup market, its price range is-10,000 yuan and will be delivered to domestic users in the third quarter. As a star model of Ford, the new generation Fmur150 Raptor was officially launched in February 2021. Appearance
Changan Automobile issued a performance forecast today, predicting a net profit of 2.4 billion yuan to 2.8 billion yuan in the first three quarters, compared with a profit of 1.163 billion yuan in the same period last year. Changan Automobile said the decline in the company's overall performance was mainly affected by the decline in sales. In fact, Changan Automobile has lost 2.24 billion yuan in the first half of the year, which means a loss of 160 million yuan to 560 million yuan in the third quarter, narrowing the loss. Changan Automobile said that it is mainly due to the improvement of the profit structure brought about by the optimization of the product structure of Changan's own brand. Changan car sales pick up. September data show that Changan Department of independent brand cars sold 116015 vehicles in September.
Rivian, the US electric carmaker, said on December 12th that it would suspend plans for a joint venture with Mercedes-Benz Commercial vehicle (Mercedes-Benz Vans). Rivian said it would give priority to its current consumer product development roadmap and
On October 24th GM released its third-quarter 2023 results. GM's net income was $44.1 billion in the third quarter, up 5 per cent from a year earlier, while net profit was $3.1 billion, down more than 7 per cent from a year earlier, according to the results. Judging from the above-mentioned financial data, although GM made a solid profit in the third quarter,
After the downturn in the first quarter, Changan Ford's terminal retail began to stabilize and pick up in the second quarter. In particular, retail sales grew for two consecutive months in May and June, with an average growth rate of more than 30%. The new generation of Fox alone sold more than 10,000 in June, an increase of more than 75% over the same period last year. The first half of the year is the downturn of the whole automobile market, mainly due to the early implementation of the sixth national standard, Changan Ford also laid out in time, in the areas where the sixth national sixth was implemented, all realized the clearance of inventory of national five vehicles and successfully replaced the sales of national six vehicles. At present, including New Forrest, New Generation Fox, New Mondeo, Mondeo PHE...
Today, Tesla ranks first, with a market capitalization of $1.059 trillion, according to the latest ranking of global auto companies' market capitalization. Toyota is not far behind, with a total market capitalization of $262 billion. The third place is Rivian, the new force of car building, with a total market capitalization of US $151.95 billion. The fourth to tenth places are Volkswagen, BYD, Mercedes-Benz parent company Daimler, General Motors, Lucid, Ford, Great Wall and other car companies. The rapid development of the new energy market has also made the market value of new energy brands soar faster than fuel models. Judging from Tesla, who ranks first on the list, its development trend is the fastest. On October 25 th.
According to foreign media reports, Rivian Automotive, a new power brand in the United States, has announced that it will cut its workforce by 6%. The electric car maker hopes to increase production while reducing costs in the increasingly competitive electric vehicle market. It is understood that Rivian currently has about 14000 employees.
While Changan Ford's performance continues to decline, it plans to reverse the decline in China by accelerating product upgrades and launching more models. According to the plan, the new explorer will be officially listed on May 20, but the possibility of early listing cannot be ruled out due to the postponement of the Beijing auto show. In the latest issue of the Ministry of Industry and Information Technology declaration catalogue, the automotive industry has obtained the declaration map of Changan Ford's new explorers. As one of the blockbuster models to be launched by Changan Ford this year, it is no secret that the appearance and interior of the new explorer, which had made a brief appearance at the launch of Ford's new spring line. According to the declaration map and the official map, make.
After Tesla released the fourth quarter and full-year delivery data, the share price soared again. As of January 3, 2020, US Eastern time, the share price closed at US $443.01 per share, with a total market capitalization of nearly US $80 billion to 79.85 billion, more than twice that of Ford Motor. It is understood that Tesla's share price has been rising since he released his unexpected third-quarter profit report in October. According to the financial report, Tesla's revenue in the third quarter was $6.3 billion, down 7.6% from a year earlier, the first decline since 2012. Net profit reached $143 million, compared with $311 million in the same period last year.
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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