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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.
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.
As the first multinational car company to enter the domestic market, Volkswagen occupies the vast majority of the market. However, with the intensification of competition, Volkswagen is constantly making brand strategic layout in the Chinese market. At present, Volkswagen also has three joint ventures in China, namely SAIC Volkswagen, FAW Volkswagen and Jianghuai Volkswagen. From the establishment of Jianghuai Volkswagen in 2017, the release of Sihao brand in April 2018, to the release of the first model E20x on September 28, 2019. In order to serve this brand independently, Jianghuai Volkswagen has carried out dealer recruitment many times. In 2015, the news of Jianghuai Volkswagen spread, a large number.
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.
Volkswagen's stake in Jianghuai was approved by anti-monopoly examination. Upon completion of the deal, Volkswagen China Investment will hold a 50 per cent stake in JAC Holdings and a 75 per cent stake in the joint venture Jianghuai Volkswagen. On November 24, Jianghuai Automobile issued an announcement that the company today received notice from Volkswagen China Investment, according to the investment agreement signed by Volkswagen China Investment with Anhui SASAC and JAC on June 11, as well as the investment agreement with Jianghuai shares and JAC Volkswagen. Volkswagen China Investment has submitted an anti-monopoly review declaration to the anti-monopoly review authorities of the relevant countries with pre-declaration obligations on the transactions under the two investment agreements. As of 11.
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.
Volkswagen Group is in final talks to acquire a 50 per cent stake in Jianghuai Automobile Group Holdings Co., Ltd., worth at least 3.5 billion yuan, which could be the largest merger and acquisition deal in China's electric vehicle sector, Reuters reported. Affected by the news, Jianghuai Motor rose by the daily limit in the afternoon, and its share price reached its highest level since mid-April last year. If the deal is successfully completed, Volkswagen plans to inject new capital into the joint venture with JAC Motor at a ratio of 50:50 to create capacity based on its MEB modular electric vehicle manufacturing platform. According to the report by Reuters, Volkswagen will pay at least 3.5 billion yuan.
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 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.
Today, there are media reports that Jianghuai Volkswagen's new energy car brand Sihao will usher in its first model, named E20X, positioning pure electric compact SUV, with a permanent magnet synchronous motor with the highest power of 85kw and comprehensive mileage of 402km. The car will be officially launched on September 28th. In terms of appearance, the new car is based on Jianghuai iEV7S and modifies the shape of the closed grille lines on the front face and the connection between the headlight group and the grille. The trapezoidal front bar and the inclined triangular air intake slots on both sides highlight the movement of the low visual center of gravity. In terms of body size, the length, width and height of the new car are 41.
On May 28, Guoxuan Tech, a power battery manufacturer, issued a notice saying that the company had examined and passed a "bill on the company's compliance with the conditions for a non-public offering of A shares." In this private offering, the company intends to introduce Volkswagen (China) Investment Co., Ltd. (hereinafter referred to as "Volkswagen China") as a strategic investor. Volkswagen China intends to hold shares in the company for a long time and appoint directors to actually participate in corporate governance. According to the announcement, Zhuhai Guoxuan, the controlling shareholder of Guoxuan Hi-Tech, and Li Kun, the controller, transferred 5% of Guoxuan Hi-Tech shares to Volkswagen China. After completion, Volkswagen China will be the largest shareholder of Guoxuan Hi-Tech, and Li Gong and United Action will be the second largest stock.
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.
The picture shows JAC Volkswagen's first pure electric SUV Sihao E20X JAC Volkswagen launched its first pure electric MPV model, which will be based on the Jianghuai Ruifeng R3 model, the new car is located in the A class, with a 7-seat design, the overall size is the same as BYD Song MAX, but the body length is longer. Data from the Internet show that the model is long: 4750 wide: 1795 high: 1717; wheelbase up to 2760mm. The quality of the equipment is 1.8t, the maximum number of members is 7 and the ternary lithium battery with 58kwh is used. The model has a range of 300km, but the number is not disclosed as a wltp cycle.
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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...
Recently, Reuters quoted sources as saying that Volkswagen was considering buying a large stake in JAC Motor, its electric car joint venture partner in China, and had hired Goldman Sachs as an adviser. On the matter, Volkswagen said, "We are closely watching the impact of this on our business and joint venture partners." To this end, we will explore all possible options with all parties to ensure long-term success in China. " Volkswagen did not deny the acquisition of Jianghuai shares in its response, but yesterday JAC issued a clarification notice, saying that on the basis of the joint venture and cooperation of new energy passenger vehicles, the two sides have been discussing how to further deepen cooperation.
Zhongtai Ford is a joint venture brand formed by Zhongtai Motor and Ford Motor in November 2017. according to the agreement at that time, the first new car of the joint venture company will go into production in September this year, but it is only two months before it goes into production. So far, there has been no substantial progress on the project. It is understood that the name of the company has not passed the formal examination and approval of the National Development and Reform Commission, and it is still unknown whether the production can be carried out normally. However, Zhongtai Ford is not alone, another earlier Sino-foreign joint venture Jianghuai Volkswagen, its first model Sihao E20X was unveiled in May last year, but more than a year later.
On September 28th, JAC Volkswagen's first pure electric SUV- Sihao E20X was officially put on the market. The new car has two versions, the Heart Edition and the extraordinary version, the price is 128000 yuan and 138000 yuan respectively, and the comprehensive mileage of the Ministry of Industry and Information Technology is 402km. For Jianghuai and Volkswagen launched models for the first time, showed more disappointment. In terms of appearance, the new car as a whole uses X-type design language and a closed intake grille design. The logo does not use the Volkswagen logo, but uses a pattern similar to the "electric mark", so as to increase the recognition rate of pure electricity. In addition, the length, width and height of the car body are 4135 × 1750 × 1.
More designs of the brand new sedan codenamed A432 were obtained from the Jianghuai official. It is understood that the new car is designed by Daniele Gaglione, the chief designer of Jianghuai Italian Design Center, as well as Giancarlo Concilio, the former chief interior director of Lancia and Maserati, and Maurizio Poli, the former chief engineer of Georgia and Stola, the world's top design company. The new car will officially go on sale in the fourth quarter of this year and become the first car produced by Jianghuai Automobile and Volkswagen. Appearance.
Recently, the Latin American New car crash Test Agency (Latin NCAP) carried out crash tests on three models: Jianghuai E10x, Kia Sportage and Mitsubishi Euroland. According to the published test results: Jianghuai E10x, Kia Sportage, Mitsubishi Outlander
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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