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  Evergrande divested and 14.8 billion transferred its entire stake in Guanghui Group.

  In order to promote the development of automobile sales and other areas, Evergrande Group formally joined Guanghui Group in September 2018, becoming the second largest shareholder of Guanghui Group. Guanghui Automobile, a subsidiary of Guanghui Group, is the largest car dealer group in China. Unexpectedly, two years later, Evergrande Group completely divested. On November 1, Guanghui Automobile announced that Evergrande Group, Shenneng Group and Sun Guangxin, the actual controller of the company, signed an equity transfer agreement on the target company Guanghui Group. Evergrande Group sold its 40.964% stake in Guanghui Group to Shenneng Group for a total price of 14.85 billion yuan.

  Evergrande Group Distributor 2020-11-01
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  Volkswagen China management structure adjustment!

  On June 17, Volkswagen Group announced a fundamental adjustment of its management structure in the Chinese market. Since August 1, 2022, the board of directors of Volkswagen Group in China has become the group's cross-brand central decision-making organization in China. Among them, the official official announcement of the post of CEO of Volkswagen Group (China), which has attracted a lot of attention.

  Volkswagen Automotive Group China Volkswagen Group Market Brand Volkswagen sales Management Global Business car use Electric Architecture 2022-06-18
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  PSA and FCA merge, denying forming a new joint venture in China

  After more than a year of ​, the merger between Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) has finally been settled. How to merge the joint ventures of the two companies in China has also become a concern both inside and outside the industry. A few days ago, the new group Stellantis issued a statement denying that it was planning to set up a new joint venture in China.

  PSA and FCA 2021-01-18
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  The two major automobile groups officially merged, and Stellantis Group ranked fourth in the world.

  As early as December 2019, Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) issued a statement agreeing that they would form a new group with a share ratio of 50:50, which would become the fourth largest automotive group in the world after Volkswagen, Toyota and Renault-Nissan-Mitsubishi, with their brand names unchanged. Progress on the merger of PSA and FCA has been emerging in 2020, including Dongfeng Motor's approval of the merger, the name and LOGO of the new group, the members of the board of directors of the new group, the date of establishment of the new group, and so on. After 1.

  FCA PSA 2021-01-17
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  The merger of the two major automobile groups, PSA and FCA, has been smooth and will be officially merged early next year.

  The planned merger of PSA (Peugeot Citroen) and FCA (Fiat Chrysler) will proceed as scheduled, and the merger will be completed in the first quarter of 2021 at the latest. Affected by the epidemic and other factors, the merger of PSA Group and FCA Automobile Group has been questioned by the outside world. In response to this, Tang Weishi, CEO of PSA Group, said at the annual shareholders' meeting on June 25 that the pandemic phase was not the time to re-examine the deal with FCA Automobile Group, and warned all parties not to attempt to undermine the merger plan of PSA Group and FCA Automobile Group. Tang Weishi also stressed that he is very trustworthy.

  Peugeot Citroen FCA Group 2020-06-27
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  Or terminate the listing! A car dealer was put on file for investigation.

  On May 27th, * ST announced that Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "the company") received the notice of filing a case of China Securities Regulatory Commission (CSRC) issued by China Securities Regulatory Commission (CSRC) on May 26, 2023 (serial number: CSRC filing word).

  Huge Group Company Automobile Stock performance Dealer China announcement Investor Investment Survey net profit net profit Securities Supervision 2023-05-27
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  The Jiangling Renault joint venture model will be put into production, the car logo and the mass production driver look like this.

  After Renault Group took a stake in Jiangling Group, the market layout has made new progress. On December 27th, the new energy plant and GSE pre-production ceremony of Jiangling Group was officially launched in Nanchang. It is understood that the GSE model is Jiangling Group and Renault Group jointly created the first pure electric model, positioning compact pure electric car, the Chinese name is named "Yi". From the appearance of the new car, GSE uses a new design language, the front face is designed with a closed grille, and the headlight group uses a "tear eye" design similar to that of a luxury brand. In addition, the car uses a hidden door handle, sliding back body design, the overall shape.

  Jiangling 2020-12-28
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  Pang Qinghua, founder of "King of 4S Store", sued the reorganization party.

  On September 5, 2019, the giant group, once known as the "largest car dealer in China", issued two announcements, pointing out that the court had ruled to accept the reorganization application of the giant group and would implement the delisting risk warning. Subsequently, the huge group was restructured, and Pang Qinghua, the founder and former controlling shareholder of the company, went to San.

  Group huge Qinghua Cooperation restructuring Company assets National Transport capacity people actual founder Automobile Stock payment 2022-09-20
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  Volkswagen Group's global sales hit an 11-year low

  According to the latest figures released by Volkswagen Group, Volkswagen Group sold 8.2826 million new cars in 2022, down 7.0% from a year earlier and an 11-year low. According to auto industry inquiries, Volkswagen Group delivered 8.16 million vehicles in China in 2011, 2012-2021

  Volkswagen Automotive Group Market sales Global Volkswagen Group China Electric Electric vehicle growth Max New car Volkswagen Group Brand 2023-01-15
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  irretrievabl! The huge group was issued a warning letter by Hebei Securities Supervision Bureau.

  On May 23, * ST announced that the shares of Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "the Company") closed at 0.44 yuan per share on May 22nd, which has closed below RMB 1 for 18 consecutive trading days. Even if it goes up by the limit for the next two trading days, there will be 20 consecutive stock prices.

  Huge Group Company Automobile Dealer Securities Supervisor Supervision China Hebei performance measures risk Baru largest listed company 2023-05-23
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  I can't sustain it! Another dealer group closes a large number of stores

  Another car dealer group has been delisted! According to media reports, the stores of Chongqing Longhua Industrial Group (hereinafter referred to as "Chongqing Longhua"), which are regarded as the "lowest-key and mysterious" dealer group in Chongqing, are either closed or transferred, and the maintenance given or purchased by a large number of users cannot be cashed normally. Ms. Zhu, who lives in Yuzhong District.

  Automobile Group Chongqing Longhua Company Limited Limited sales Service Dealer Automobile sales Brand Industry Market Chongqing 2023-04-15
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  The Chinese management of Stellantis Group has been greatly adjusted!

  On November 1st, Stellantis Group issued a notice of management change in China. Since November 1st, Gr é goire Olivier, former chief operating officer of Stellantis Group China, has served as the "Ste" of Stellantis Group.

  Group Automotive Product Global Company Market Strategy China Cooperation International Director sales Management Business Brand 2023-11-01
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  The net exposed: the huge group of car dealers has submitted an application for bankruptcy reorganization.

  The net exposed: the car dealer group, a huge group, has submitted an application for "bankruptcy reorganization" on May 17 this year and is currently waiting for court approval. Subsequently, Pang Qinghua (chairman of the giant group) also confirmed this in an interview with the media, but at the same time, Pang Qinghua also stressed that the 'bankruptcy reorganization' was initiated by Jidongfeng Company, a creditor of the giant group (Beijing Jidongfeng Automobile sales and Service Co., Ltd.) and was not applied by the giant group on its own initiative. On May 14th the giant group issued an announcement called "indicative announcement on the application for restructuring by creditors". The announcement shows that due to the huge group and 20.

  Bankrupt huge 2019-06-11
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  With 365 4S stores, Zhongsheng Group's half-year profit has increased to 2.3 billion yuan.

  Zhongsheng Group, the second largest car dealer group in China, has maintained a good momentum of development and achieved profit growth at a time when the new car market is declining. In 2020, under the impact of the epidemic, Zhongsheng Group also handed over a half-yearly performance report on profit growth. On Aug. 10, Zhongsheng Holdings released first-half results, with revenue of 58.203 billion yuan, up 1.4% from a year earlier, while profits attributable to owners of the parent company were 2.29 billion yuan, up 10.1% from a year earlier. Li Yanwei, a member of the expert committee of China Automobile Circulation Association, said, "Zhongsheng released its interim results, which can."

  Zhongsheng Group 2020-08-10
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  2019 National Automobile Dealer Group Top 100 ranking! Guanghui Automobile ranked first, with a huge drop in loss of 6.2 billion

  Guanghui Automobile continues to top the list with a business income of 166.173 billion yuan in 2018, according to the official release of the Top 100 Automobile Dealer Group ranking in China. The second and third place are Zhongsheng Group and Lixing Motor, with operating income of 107.736 billion yuan and 82.996 billion yuan respectively. The list of the top 10 has not changed, but the giant group has dropped five places compared with the previous year, and its operating income has decreased by more than 28 billion yuan. In addition, Rundong Automobile Group, which once ranked 23rd, did not appear in the top 100 list. In addition to the above three, there is also Shanghai Yongda Group (695.

  Car loss dealer ranking 2019 first huge 2019-06-06
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  Taizhou's largest distribution group ran away, and a large number of stores were closed.

  According to several media reports, Zhejiang Zhongtong Holdings Group, the largest automobile distribution group in Taizhou, Zhejiang, ran away, many of its distribution stores were closed, and employees' wages could not be paid on time. Maintenance given or purchased by a large number of users cannot be solved. On January 2, Aitaizhou released a video in which

  Automobile Group Zhongtong Holdings Zhongtong Holdings employees Taizhou Dealers companies car owners Zhejiang stores Co. Ltd. maintenance 2023-02-04
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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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  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 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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  Zhongsheng Group acquires 8 luxury brand 4S stores

  Zhongsheng Group, which has a good momentum of development, has been promoted to the second largest car dealer group in China, with a net profit of 4.5 billion yuan last year and 360 dealerships. Recently, Zhongsheng Group issued an announcement to acquire six Mercedes-Benz 4S stores and two Jaguar Land Rover 4S stores. Zhongsheng Dalian, an indirect wholly-owned subsidiary of Zhongsheng Group, agreed to buy 100 per cent stakes in eight target companies for 720 million yuan, according to the announcement. The target company has six Mercedes-Benz 4S dealerships in Hubei, Fujian, Yunnan and Jiangxi, and two Jaguar Land Rover 4S dealerships in Jiangsu and Jiangxi. Zhongsheng Group said that the consideration for this transaction is.

  Zhongsheng Group Distributor 4S Store 2020-07-15