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GAC-Mitsubishi, founded in 2012, is losing out to China. On October 23, an authorized distributor of GAC-Mitsubishi in Hebei Province said: "We no longer do (GAC-Mitsubishi), and the authorization is gone," the Financial Associated Press reported on October 23. The manufacturer issued a notice saying that all Mitsubishi will be imported in the future, but not domestic (Mitsubishi).
According to media reports, the equity ratio of Guangzhou Auto-Mitsubishi, a joint venture between GAC GROUP and Mitsubishi of Japan, has changed, with GAC GROUP's shareholding falling from 50 per cent to 6.3431 per cent, Mitsubishi Commercial Co., Ltd. from 20 per cent to 92.4705 per cent and Mitsubishi Automotive Industry Co., Ltd. from 30 per cent to 1.1864 per cent. In response to the above reports, GAC GROUP related sources said that "(the above news) is a media report error." As of press time, the auto industry focused on inquiries and other platforms, and did not find the equity changes in the above reports.
Mitsubishi Motors plans to continue suspending production of new cars in China after June this year, the Yomiuri Shimbun reported. According to the report, a spokesman for Mitsubishi Motors said that the company was discussing with its Chinese partners when to resume production in China, but did not disclose the specific time of resumption of production. As of press time, Guang
On October 5, Japanese media reported that Japan's Mitsubishi Motors decided to formally stop producing cars in China. At the same time, the report also revealed that Japan's Mitsubishi Motors may withdraw its investment in the local joint venture with GAC GROUP, but the joint venture with GAC GROUP may be retained. In terms of factories, GAC-Mitsubishi's domestic factories
At a media briefing held in Japan on May 9, Mitsubishi President Takao Kato said in response to recent rumors that Mitsubishi Motors had withdrawn from the Chinese market that the company had no plans to withdraw from the Chinese market at present. At the same time, it also said that although the company is facing difficulties in China, the Changsha plant will be scheduled for June.
Affected by the COVID-19 epidemic, Japanese carmaker Mitsubishi Motors was forced to stop production. Mitsubishi Motors said on April 5 that due to the COVID-19 epidemic, the production line of Mitsubishi Motors' main Japanese plant Okazaki (Okazaki City, Aichi Prefecture) would be suspended from April 11 to 15 for a total of five days. Mitsubishi Motors Japan Okazaki Manufacturing Institute factory is located in Okazaki City, Aichi Prefecture, established in 1977, mainly produces Mitsubishi Motors' main SUV model "Olande". As for the reason for the shutdown, Mitsubishi Motors said it was due to the spread of the COVID-19 epidemic and the closure management in Shanghai (the Shanghai factory is a supplier of some Mitsubishi auto parts).
On October 24, Japan's Mitsubishi Motors issued an announcement to promote the structural reform of GAC-Mitsubishi's China business, and the local production of Mitsubishi-branded cars in China will be terminated. GAC-Mitsubishi will become a wholly owned subsidiary of GAC GROUP, and the production facilities will be used by GAC Ean. GAC GROUP announced more details to the public.
On March 23, GAC-Mitsubishi Artuco officially launched two new models with a price range of 19.98-229800 yuan. It is understood that the new car is the first pure electric SUV under GAC-Mitsubishi, which was pre-sold at the 2021 Guangzhou Auto Show. The new car uses a futuristic design and comprehensive mileage 520km. In terms of appearance, Artuco uses a design that is quite similar to the GAC Ean AION V model, but we can see from some details that the Mitsubishi family design style, the new car uses a split headlamp group design, this front face style is also found in the new generation of European Rand models.
On April 25, Mitsubishi Motors issued a confirmation notice of non-operating expenses and special losses. Mitsubishi Motors said that GAC-Mitsubishi Motors Co., Ltd. launched the new Euroland in December 2022, but as competition in the Chinese market intensified, sales targets continued to fail, so it is expected to be in fiscal year 2022 (up to 2023).
A few days ago, GAC GROUP announced that according to the actual situation of some joint ventures and joint ventures, GAC GROUP and its wholly-owned subsidiary Guangzhou Automobile parts Co., Ltd. through entrusted loans and other means to provide financial support to promote the follow-up work of joint ventures and joint ventures
Japan's Mitsubishi Motors has decided to stop producing cars in China, and the company has begun final negotiations with GAC GROUP, the Nippon Keizai Shimbun reported on the 27th. According to the report, the GAC-Mitsubishi joint venture will be retained, but Mitsubishi Motors is expected to withdraw its investment and the plant in Changsha, Hunan Province will serve as GAC GROUP's
On March 22, GAC-Mitsubishi officials responded to the news that "Mitsubishi will withdraw from the Chinese market" and said: GAC-Mitsubishi is operating normally, Mitsubishi is not withdrawing, and the factory is operating normally. Earlier, it was reported that the joint venture brand GAC-Mitsubishi would sell the Changsha plant to produce GAC-EAN electric cars, and that the Mitsubishi brand might retire.
GAC-Mitsubishi, whose sales have continued to decline, recently issued a large-scale recall announcement, which is even larger than last year's sales. According to the announcement, GAC-Mitsubishi Motor Co., Ltd. filed a recall plan with the State Administration of Market Supervision and Administration. It is decided to recall a total of 174519 Yige, Outlander and Jinxuan cars produced between November 9, 2017 and August 30, 2019 from April 10, 2020. GAC-Mitsubishi sold a total of 133016 vehicles in 2019, so the recall exceeded GAC-Mitsubishi's one-year sales. The announcement also shows that this call.
On July 13, GAC-Mitsubishi issued a letter to all employees of GAC-Mitsubishi, with the signatures of the general manager and executive deputy general manager. GAC-Mitsubishi said in an internal letter that the auto industry is undergoing a subversive change, and our auto market is rapidly moving from traditional fuel cars to Xinneng.
At the 2022 Chongqing Auto Show, GAC-Mitsubishi's new generation of Outlander officially unveiled, the new car is based on Renault-Nissan CMF CD platform, Nissan's new Qijun is based on this platform, the power may be equipped with 1.5T four-cylinder engine, the new car will be on the market this year. The new Orlande in 2021
According to a report by the Japan Broadcasting Association (NHK) today, a source told the media that Mitsubishi Motors has decided to terminate its car sales and production operations in China and withdraw from the Chinese market, and a formal decision is expected to be made as early as next week. At the same time, sources also revealed that Mitsubishi has decided to sell it in a Chinese company.
On May 7, GAC GROUP announced the production and marketing of KuaiBao in April. According to the data, GAC GROUP sold 177200 vehicles in April, up 42.57% from a year earlier. In addition, GAC GROUP's cumulative sales from January to April were 717100, down 2.10% from a year earlier. From the market point of view, in the same period, the whole country
According to car concern, GAC-Mitsubishi's new generation of Outlander has appeared in the latest declaration catalogue of the Ministry of Industry and Information Technology, and the new car is expected to be on the market this year. Comprehensive automotive industry concern previously reported that the new car is based on Renault-Nissan CMF CD platform, and Nissan's new Qijun based on the same platform development, power side
On February 23, the State Administration of Market Supervision and Administration issued the latest recall announcement. According to the announcement, GAC-Mitsubishi Automobile Co., Ltd. filed the recall plan with the State Administration of Market Supervision and Administration in accordance with the requirements of the regulations on the recall of defective Automobile products and the measures for the implementation of the regulations on the recall of defective Automobile products. Decide
On Sept. 30, the new generation of domestic Olander began pre-sale, with a total of seven models with a pre-price range of 17-230000 yuan, an increase of 10200 yuan compared with the cash starting price. The new car is based on Renault-Nissan CMF
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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