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So far, four Japanese car companies, including Toyota and Honda, have released their second-quarter results for the current fiscal year (April 2022-March 2023). According to the statistical data, Toyota, Honda, Nissan and Mazda are affected by different external factors.
2019 has been a difficult year for any car company, as global car sales fell for the second year in a row and the biggest, with total global sales of 90.3 million vehicles down 4.3 per cent from a year earlier. Against this backdrop, many car companies have seen a decline in profits, including Toyota, the world's largest carmaker.
2020 will be an unprecedented impact on the global auto market. Sales of many car companies have declined as a result of the COVID-19 epidemic, but judging from the latest results recently released by the three major Japanese car companies, Toyota and Nissan have achieved profit growth. Only the Honda brand has declined.
Although Japanese manufacturers are having a hard time in the Chinese market, looking at the global market, Japanese manufacturers still show strong profitability. A few days ago, Toyota Motor Company released its financial results for the second quarter of fiscal year 2024 (July-September 2023). According to the financial report, Toyota's sales revenue during the reporting period was 11. 5%.
Recently, the Nippon Industry News Agency released the results of a questionnaire survey on R & D investment of more than 200 Japanese enterprises in fiscal year 2019. According to the survey data, Toyota topped the list of R & D investment in fiscal year 2019 with 1.1 trillion yen in R & D investment. Honda took second place with 860 billion yen, while Nissan ranked third with 550 billion yen. As the top of the R & D budget ranking in fiscal year 2019, Toyota has topped the list for 18 years in a row. According to data, Toyota's R & D investment budget reached 1.1 trillion yen (73.2 billion yuan) in fiscal year 2019.
On February 6th, Toyota, a Japanese automaker founded in 2020, released its fiscal year 2020 results, which showed that net income in the first three quarters of fiscal year 2020 (2019.4-2019.12) was 22.83 trillion yen, up 1.6% from 22.48 trillion yen in the same period last year. Operating income is about 2.059 trillion yen, up 6.2% from about 1.94 trillion in the same period last year. Net profit increased by 590 billion yen to 2.01 trillion yen, with a profit margin of 8.8%. Judging from Toyota's financial results, Toyota's operating income and net profit in the first three quarters.
On May 13, Honda and Mazda released their results for fiscal year 2021 (April 1, 2021 to March 31, 2022). So far, the four major Japanese car companies, including Toyota and Nissan, have handed over their performance papers for the 2021 fiscal year. By comparison, Toyota is still the most profitable Japanese car.
Subaru Motor Co., Ltd. reported on Monday that operating profit rose 15.7 percent to 210.3 billion yen (13.9 billion yuan) in the fiscal year ended March, while net profit rose 7.9 percent to 152.6 billion yen (10.1 billion yuan). Subaru's operating profit rose to 57.7 billion yen (3.7 billion yuan) in the fourth quarter, while net profit rose to 40.9 billion yen (2.7 billion yuan). Subaru outperformed other Japanese automakers slightly in terms of financial results, with operating profit and net profit rising, even in the fourth quarter.
Nissan announced a cut in its consolidated earnings forecast for fiscal year 2019 or its first net loss in 11 years, which could reach 85 billion yen to 95 billion yen (5.6 billion to 6.3 billion yuan), Kyodo news agency reported. Nissan had forecast a profit of 65 billion yen in fiscal 2019, but Nissan could lose money in fiscal 2019 due to continued low sales in the world's second-largest US market and the impact of COVID-19 's epidemic. It is understood that Nissan's last full-year loss was in fiscal year 2008, with a net loss of 233.7 billion yen. According to Reuters, Japanese car companies have a fortune of 2019 yuan.
Nissan officially announced its results for the third quarter of fiscal year 2020 on February 13. According to the data, the company's third-quarter operating profit was 54.3 billion yen, down 82.7 per cent from a year earlier, while net profit was 39.3 billion yen, down 87.6 per cent from a year earlier. Nissan's last quarter results were "disappointing", which will be Nissan's first quarterly loss since March 2009. Nissan downgraded its full-year results, forecasting a full-year operating profit of 85 billion yen and a full-year net profit of 65 billion yen, while in the 2019 Q3 earnings report, full-year operating profit is expected to be 150 billion yen and net profit is 110.
Nissan has been humiliated by a series of incidents involving former chairman Carlos Ghosn. According to the latest news from foreign media, Nissan has formally filed a civil suit against Ghosn in Yokohama District Court in Japan, asking Ghosn to compensate Ghosn 10 billion yen (about 634 million yuan). Nissan has filed other civil charges against Ghosn, including recovering losses to Nissan and repaying huge amounts of underreported income and bonuses. According to Japanese media reports, the main reason for Nissan's complaint against Ghosn is his long-term misconduct, which has caused huge losses to the company. Nissan said the results of the investigation show that Ghosn misconduct.
On November 29th, Toyota Motor Group released October production and sales figures. Data show that Toyota's global sales rose 22.1% year-on-year to 832000 vehicles in October 2022, the third consecutive month of year-on-year growth, including a 34.26% year-on-year increase in Japanese local sales to 114000 vehicles.
Toyota is the largest automaker in Japan, and Lexus is a high-end brand under the brand, which means that Lexus is a local Japanese brand. But a few days ago, it was reported that the latest flagship model under the Lexus brand, the LM, has become an "imported" model in Japan.
From the recent financial results disclosed by multinational car companies, it can be said to be "miserable". The operating income of multinational car companies in the first quarter generally has little impact, but the net profit has dropped sharply, including Ford, FCA, GM and other car companies. The results of the three American giants: Ford, GM, FCA Ford and FCA fell sharply in the first quarter, with Ford's operating income falling 14.9% to $34 billion and net profit plummeting 268.5% to-$2 billion. FCA's operating income fell 16.0% to $22.4 billion and net profit plummeted 43.3% to-$1.84 billion. At the end.
Nissan, Japan's second-largest carmaker, is in trouble, with profits falling for three years in a row. According to the latest news from Japanese media, Nissan released a results report that consolidated operating profit in fiscal year 2018 (March 2018-December 2018) was 313.6 billion yen, down 14% from the same period last year. It is also predicted that the consolidated operating profit for fiscal year 2018 (March 2018-March 2019) will fall 22% year-on-year to 450 billion yen (about 27.48 billion yuan), a decrease of 90 billion yen compared with the original forecast of 540 billion yen. It is understood that in the past year, Nissan.
A screenshot of an email entitled "evidence of bribery by Chen Chen, deputy general manager of Toyota (China) subsidiary Lexus" was posted online, according to Japanese media reports such as Japan Toutiao, Tokyo Business, Tokyo Today and other Japanese media. In this email of more than 2000 words, the whistleblower recorded in detail Chen Chen's past three.
According to the latest data from auto industry data forecasting company AutoForecast Solutions (hereinafter referred to as "AFS"), as of January 29, the global auto market has cut production by about 304600 vehicles because of a shortage of chips. AFS estimates that due to the supply of the chip
On May 12, Toyota released its financial report for fiscal year 2019 (April 2019 to March 2019). According to the report, Toyota achieved sales of 29.9299 trillion yen (1.9724 trillion yuan) in fiscal year 2020, down 1.0% from the same period last year. Operating profit was 2.4428 trillion yen (160.9 billion yuan), down 1.0% from the same period last year. Net profit was 2.0761 trillion yen (136.8 billion yuan), up 10.3% from a year earlier. During the reporting period, Toyota's cumulative global sales fell 1.9% to 8.958 million.
On November 9, Honda officially released its results for the second quarter of 2023 (June 1, 2022-September 30, 2022) ending September 30, 2023. Data show that Honda's sales rose 17% to 4.98 trillion yen in the second quarter.
Toyota, the world's largest carmaker, is expected to reach 24 trillion yen (1.5817 trillion yuan) in sales this fiscal year (April 2020-2021) under the severe impact of the epidemic. Operating profit is expected to reach 500 billion yen (33 billion yuan), the lowest level in nine years. On the same day, Toyota released its financial report for fiscal year 2019 (April 2019 to March 2020), showing that Toyota achieved sales of 29.9299 trillion yen (1.9724 trillion yuan) in fiscal year 2019, down from a year earlier.
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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