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  It is said that Jianghuai Automobile has changed its name to JAC-Volkswagen, and the official refutes the rumor that the news is not true.

  ​ has made the latest progress in increasing capital and changing the stock ratio since Jianghuai Volkswagen. Issues related to the capital increase of Jianghuai Volkswagen have been put on record by Anhui Development and Reform Commission and entered the final implementation stage. It is reported that Jianghuai Automobile will change its name to JAC-Volkswagen. However, in response to this matter, Jianghuai Automobile officials have refuted the rumor that the news is not true.

  Jianghuai Automobile 2020-11-24
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  Jianghuai Automobile gets a new LOGO.

  Jianghuai Jiayue X8 has been changed to "Jianghuai Sihao X8". At the same time, the new car has been replaced with a new LOGO and will not use Jianghuai LOGO.

  Jianghuai Automobile Jianghuai Volkswagen Sihao 2020-09-22
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  Sales profits are "getting thinner"! Jianghuai, a car company lost on the edge of the auto market

  In the depressed environment of the car market, it is difficult for both independent brands and joint venture brands, especially for lesser-known brands to gain a foothold in the auto market. Jianghuai Automobile, a car company with a history of more than 55 years, the current development has also suffered a lot of setbacks, and there are no longer a few disputes on the body. In May 1964, the predecessor of Hefei Jianghuai Automobile Factory (Chaohu parts Factory) was established. Up to now, Jianghuai Automobile has been an integrated automobile manufacturer integrating the R & D, manufacture, sales and service of commercial vehicles, passenger vehicles and powertrain.

  Jianghuai Automobile 2019-11-21
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  Jianghuai Volkswagen completed the change of industrial and commercial registration and officially changed its name to Volkswagen Anhui Co., Ltd.

  Today, with regard to Jianghuai Automobile, it is announced that the capital increase of Volkswagen China Investment to JAC Holdings and Volkswagen China Investment, and the capital increase of Jianghuai Automobile to Jianghuai Volkswagen have been changed, among which, Jianghuai Volkswagen Automobile Co., Ltd. changed its name to Volkswagen (Anhui) Co., Ltd.

  Jianhuai Volkswagen 2020-12-02
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  All of a sudden! Jianghuai Automobile acquires some assets of Anhui Lulai

  On the evening of December 22, Jianghuai Automobile issued an announcement showing that Anhui Jianghuai Automobile Group Co., Ltd. (hereinafter referred to as "Jianghuai Automobile") intends to acquire the project assets related to the equipment installation project held by Weilai Automobile (Anhui) Co., Ltd.

  Automobiles companies assets Anhui production events Cooperation Independence contract Manufacturing net profit net profit Directors influence announcement Strategy 2022-12-22
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  Jianghuai car sales are declining, and Volkswagen is powerless to recover.

  According to KuaiBao, a sales report released by JAC, JAC sold 32700 vehicles in October, down 2.44% from a year earlier. The cumulative sales from January to October were 353500, down 10.52% from a year earlier. In terms of specific models, sales of the SUV model in October were 6718, up 22.46% from a year earlier. Cumulative sales from January to October were 77615, down 1.15 per cent from a year earlier, down 10.96 per cent from a year earlier to 3704 in October. Cumulative sales from January to October were 32297, down 35.36% from a year earlier; car models were sold in October.

  Jianghuai Automobile 2019-11-11
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  "hold the masses on the left, hug Wei on the right"! Jianghuai Motor lost all profits in 2021 in the first quarter.

  On April 15, Jianghuai Automobile released its first-quarter results for pre-sale. According to the announcement, the net profit of JAC Motor belonging to shareholders of listed companies is expected to lose 307 million yuan in the first quarter, and the net profit belonging to shareholders of listed companies after deducting non-recurrent gains and losses is expected to lose 485 million yuan. As for the reasons for profit losses, Jianghuai Motors said that due to the epidemic and chip shortage, sales of 129400 vehicles and chassis in the first quarter of 2022, down 11.67% from the same period last year, at the same time, the rising prices of chips, batteries and other raw materials led to a rise in input costs, and the gross profit of the main business in the first quarter of 2022 decreased by about...

  Jianghuai Automobile 2022-04-16
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  Transfer Weilai factory! The company responded

  On October 19th, Jianghuai Automobile announced that the company intends to transfer some of its assets through public listing, involving the inventory of the three factories of the passenger car company, fixed assets, projects under construction, buildings, land use rights and Xinqiao factory structures and equipment assets of the passenger car company, with a proposed listing price of 4.498 billion.

  Automobile production factory company asset model contract manufacturing ideal qualification Xiaopeng base car use Beijing market limited 2023-10-20
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  Live on government subsidies? JAC's net profit soared by 154.3% in the first three quarters.

  Jianghuai Automobile officially released its third quarter results report in 2019. The report shows that in the first three quarters of this year, JAC Motor achieved operating income of 37.19 billion yuan, an increase of 2.4% over the 36.33 billion yuan in the same period last year. The net profit of shareholders belonging to listed companies was 120 million yuan, an increase of 154.3% over the 49 million yuan in the same period last year. JAC Motors previously said in a forecast that the sharp increase in net profit in the first three quarters was mainly due to the company's initiative to adjust its product structure and strictly strengthen cost control, so as to improve the profitability of its main business. Although profits have skyrocketed, sales have shown.

  Jianghuai Automobile's results for the first three quarters 2019-10-31
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  The emission fraud was fined 170 million, and Jianghuai Motor has applied for administrative reconsideration if it refuses to accept the punishment.

  At the end of June, Anhui Jianghuai Automobile was fined 170 million yuan by the Beijing Municipal Bureau of Ecological Environment for faking the on-board diagnosis system of some trucks and selling its pollution control devices as qualified products pretending to be qualified for emission inspection, setting a record for environmental protection fines for car companies, and it is also the second car company to be fined after Changan Ford this year. On July 26, Bietao, director of the Department of regulations and Standards of the Ministry of Ecology and Environment, revealed at a news conference that Jianghuai Motor had paid a fine. However, JAC Motor has applied for administrative reconsideration. Today, Jianghuai Motors announced that it will speak to the Chinese people on July 29, 2019.

  Automobile Jianghuai Automobile Jianghuai Automobile 2019-08-07
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  Jianghuai Automobile will be fined a total of 170 million yuan for emission fraud.

  Anhui Jianghuai Automobile Group Co., Ltd. received a decision on administrative penalty from the Beijing Municipal Bureau of Ecological Environment and was fined 170 million yuan for emissions fraud. Jianghuai Motor has confirmed this. According to the penalty letter, the Beijing Municipal Bureau of Ecological Environment conducted a spot check on the environmental protection consistency of new cars on Jianghuai HFC5043XXYP71K1C2V models produced and sold by Jianghuai Automobile on April 9, 2018. The inspection report shows that the identification codes of JAC are LJ11KBBD0H8029128, LJ11KBBD6H8029103 and LJ11KBBD0H802915... respectively.

  Automobile Jianghuai Automobile Jianghuai Emission 2019-07-05
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  It is said that Volkswagen wants to buy a large number of shares in Jianghuai Automobile, Jianghuai responded: no formal plan has been formed yet

  Since China announced last year that the restrictions on foreign shares in passenger cars would be lifted by 2022, many overseas car companies are ready to move. BMW is the first car company to increase its stake in brilliance BMW, except BMW. Volkswagen, Audi, Ford and Daimler all seem to be interested in increasing their holdings in the joint venture. Recently, it was reported that Volkswagen wants to buy a large stake in JAC and has hired Goldman Sachs as an adviser. Volkswagen is considering buying a large stake in JAC Motor, its electric car joint venture partner in China, and has hired Goldman Sachs as an adviser, Reuters quoted sources as saying. The current market capitalization of Jianghuai Automobile is about 1.7 billion US dollars.

  Automobile Volkswagen acquisition Jianghuai Automobile 2019-04-11
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  In order to invigorate the company's idle assets, Jianghuai Motor plans to transfer the second factory.

  Since the second half of 2018, domestic automobile production and sales have slipped, resulting in a depression in the automobile industry. In particular, the superimposed impact of the epidemic in 2020, so that weak brands are even worse, have made self-rescue plans. Among them, Jianghuai Automobile has also made arrangements to transfer some of the assets of the second passenger car factory.

  Jianghuai 2020-11-17
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  It's really rare! Jianghuai Automobile is expected to turn losses into profits in 2019.

  In 2019, the domestic automobile market has experienced a continuous decline throughout the year, few car companies can make a profit in this environment, and Jianghuai Automobile may become one of them. A few days ago, Jianghuai Automobile Group Co., Ltd. issued a profit announcement for 2019. The forecast shows that the company will achieve a net profit of about 100 million yuan belonging to shareholders of listed companies in 2019, and will turn losses into profits.

  Jianghuai Automobile 2020-01-22
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  Name it "Jiang Lai"! The stock price rose as a result of the establishment of a new joint venture between Jianghuai and Weilai.

  From Jianghuai "OEM" to now the two sides jointly set up a joint venture, which is dominated by Jianghuai Automobile, which means that the two sides will become "partners" in a new direction.

  Jianghuai Weilai 2021-03-05
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  Huawei is rumored to be hand in hand with Jianghuai to build cars.

  Recently, the latest progress has been reported on the joint car-building project between Jianghuai and Huawei. On February 16, the official website of China Construction Group issued a notice about the winning bid for the EPC project of Anhui Feixi New Energy Automobile Intelligent Industrial Park by the sixth Bureau consortium of China Construction Corporation. According to its published content, the winning bid of the project is about 15.4.

  Automobile Huawei Project Cooperation Intelligence Hefei Feixi News New Energy Group High-end Construction Industry net profit net profit 2023-02-18
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  Volkswagen won the right to manage the new factory, increasing its stake in Jianghuai Volkswagen to 75%

  ​ following Volkswagen's establishment of FAW-Volkswagen and SAIC-Volkswagen joint ventures in China, Volkswagen has previously formed a new joint venture with Jianghuai Automobile. With Jianghuai Volkswagen increasing capital and changing the stock ratio, there has been the latest progress. On November 2, Jianghuai Automobile issued a notice saying that matters related to the capital increase of Jianghuai Volkswagen have been put on record by the Development and Reform Commission of Anhui Province. This also means that the domestic capital increase has entered the final stage of implementation.

  Jianhuai Volkswagen 2020-11-03
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  Sales declined across the board in July, and Jianghuai new energy development may seek a new way out.

  Since 2019, the sales volume of Jianghuai Automobile has been erratic, although it is not very bad, but as an old car company with the whole industry chain, from the current development, it does not seem to be very optimistic. According to the latest sales information released by JAC Motors, sales in July were 27600, down 27.29% from a year earlier. From January to July, JAC accumulated sales of 262700 vehicles, down 9.46% from a year earlier. Specific to the type of car, Jianghuai Automobile performance is still optimistic. Especially for passenger cars, car sales were 1071, down 77.49% from the same period last year. Dome SUV, MPV sales.

  Sales volume new energy Jianghuai decline 2019-08-08
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  Jianghuai Automobile is exposed to fake emissions, and it is difficult for new energy to save the predicament.

  2019 is destined to be a sad year, but for Jianghuai Motor, it seems to be even more sad. The profit in the first quarter fell by 70%. In April, the joint venture company with Volkswagen was under pressure to adjust its share currency. In May, it received an inquiry letter from the Shanghai Stock Exchange due to a sharp decline in operating data in 2018. After formally replying to the inquiry from the Shanghai Stock Exchange in June, it received the "Administrative penalty decision" from the Beijing Ecological and Environmental Bureau in July. Jianghuai Automobile was punished because three trucks were randomly inspected. The test found that the functional test of the on-board diagnosis system did not meet the requirements of the standard and should not be sold as qualified products for emission inspection. So Beijing.

  Automobile Jianghuai Automobile Jianghuai Emission 2019-07-13
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  Jianghuai Automobile has paid a fine of 170 million yuan and has been criticized for emissions fraud.

  Jianghuai Automobile was fined 170 million yuan by the Beijing Municipal Bureau of Ecological Environment for fraud in the on-board diagnosis system of some trucks, setting a record for environmental protection fines for car companies and the second fine for car companies this year. Today, Bietao, director of the Department of regulations and Standards of the Ministry of Ecology and Environment, revealed at a news conference that when the Ecological and Environmental Bureau conducted a spot check on Jianghuai specific models of vehicles produced and sold by Anhui Jianghuai Automobile Group Co., Ltd., it was found that the functional test of the on-board diagnosis system of the sampling vehicles did not meet the requirements of the relevant standards. The behavior of the manufacturing enterprise that the pollution control device is substandard and pretends to be qualified for discharge inspection. ...

  2019-07-26