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On March 25, Jiangling released its 2019 performance report, which showed that Jiangling achieved revenue of 29.174 billion yuan in 2019, up 3.27 percent from 28.249 billion yuan in 2018, and net profit belonging to listed companies of 148 million yuan, up 60.96 percent from 92 million yuan in 2018. Basic earnings per share were 0.17 yuan, compared with 0.11 yuan in the same period last year. According to the sales data released by Jiangling Motor on January 4, the cumulative sales in 2019 was 290058, up 1.75% from 285066 in the same period.
Recently, Jiangling Motor has caused controversy in the market because of an "abnormal" dividend that has attracted the attention of investors. According to the financial report released by Jiangling Motor, the company's operating income in 2020 was 33.096 billion yuan, an increase of 13.44% over the same period last year, and its net profit was 551 million yuan, an increase of 272.57% over the same period last year. According to the disclosed information on the dividend shooting plan, Jiangling Motor plans to pay a cash dividend of 34.76 yuan (including tax) for every 10 shares. Based on the closing price of 25.39 yuan per share on the day of disclosure, the dividend yield is 13.69%, and the dividend ratio is as high as 544.86%. The news was quick.
On May 8th, Jiangling announced that it plans to sell 100% of its wholly-owned subsidiary Jiangling heavy truck Co., Ltd. (hereinafter referred to as "Jiangling heavy truck") at a price of no less than 764 million yuan through the public listing of the Shanxi property Rights Exchange Market Co., Ltd. After the completion of the transaction, Jiangling will no longer hold a stake in Jiangling heavy truck. Three months later, Jiangling heavy truck ushered in the "catcher". On August 24th, Jiangling issued an announcement that by the expiration of the listing announcement, the sale of the transaction shares had been solicited from an intended transferee, namely Volvo Lastvagnar Aktiebolag....
According to the China Automobile Association, the market share of American passenger cars was 9.6% in 2020, up 0.7% from 8.9% in 2019. The improvement of American market share is not only related to Tesla's strong market performance, but also related to Ford. According to data released by Ford, Ford Motor (including Ford, Lincoln and Jiangling) sold 602600 vehicles in China in 2020, an increase of 6.1% over the same period last year, the first time the company has achieved sales growth since 2017. Ford China consists of Changan Ford, Ford imported cars, Jiangling Motor, Lincoln Brand and other businesses.
On September 26, Jiangling Motor Co., Ltd. issued an announcement to jointly fund the establishment of Jiangling Ford Joint Venture with Ford Motor Company. The registered capital is 200 million yuan, of which Jiangling Motor contributes 102 million yuan and holds 51 per cent of the shares, while Ford contributes 98 million yuan and holds 49 per cent of the shares. From the proportion of equity distribution, Jiangling Motor has more initiative, while Ford should provide more relevant technology. According to the announcement, Jiangling Ford Joint Venture will mainly provide distribution services for Ford-branded vehicles produced by Jiangling Motor, which can also be sold through dealers or terminal customers.
On December 19th, Jiangling Motor announced that the company received a total of 168.293 million yuan from Nanchang City, Nanchang Xiaolan Economic Development Zone and Shanxi Transformation Comprehensive Reform demonstration Zone. The above government support funds are related to income and will be included in the company's profits and losses in 2019. In Beijing, where Jiangling Motor received government support, Jiangling Motor's profits fell short of expectations due to the sluggish automobile market and other reasons. According to the third quarter financial report, Jiangling Motor realized operating income of 6.686 billion yuan in the third quarter of this year, an increase of 13.28% over the same period last year.
According to relevant data, Jiangling accumulated sales of 136600 vehicles in the first half of 2019, down 7.27% from the same period last year, including Yusheng brand SUV and JMC pickup trucks down 85.09% and 21.43% respectively. Even under such circumstances, Jiangling has no intention of lowering its sales target. According to the company, Jiangling Ford and other model upgrades will be put on the market this year, and the Ford brand SUV will be a turning point for the company's profits in the future. Jiangling has become accustomed to flagging performance. From 2016 to 2017, the company's net profit and deducted non-net profit declined.
In March this year, Jaguar Land Rover eagerly announced a major news that the infringement case of Jiangling Holdings Co., Ltd. (hereinafter referred to as Jiangling Company) was sued by the Chaoyang District people's Court in Beijing, China, and finally won after three years of litigation. The court ordered Jiangling to immediately stop the "unfair competition behavior" involved in the case, immediately stop production and sale of two specific Land Wind X7 models, issued a statement on the official website and media, and paid 1.5 million yuan in compensation to Jaguar Land Rover. We looked through the official website of Jiangling Company and Lufeng Motor and found no relevant statement about the lawsuit. On the contrary, Jiangling Motor Co., Ltd.
Recently, an online article entitled "another new energy car company has gone bankrupt" was widely circulated in several WeChat groups, which roughly read: "Li Yinan made a decision, the company closed down, the personnel were demobilized, and each ministry retained only individual personnel to deal with 'aftercare'. The severance plan is still being worked out and will be formally implemented within a week or two. Eye
According to relevant media reports, Chen Anning, CEO of Ford Motor, revealed in an interview that the company has cancelled its plan to establish a unified national sales company in China. The plan has exacerbated distrust of the company by Ford's joint venture partners in China and led to a sharp drop in sales in the world's largest car market. In June last year, Ford announced that in order to improve channel efficiency, it had decided to unify the three sales networks of Ford China, Changan Ford and Jiangling Ford, so that consumers could buy all Ford products at any of Ford's 4S stores. This practice is also considered meaningful and can increase its losses.
Renault CEO Luca de Mayo (Luca de Meo) will hold talks with Nissan CEO Makoto Uchida this weekend to discuss Renault's plans to sell its internal combustion engine business to Chinese carmaker Geely Holdings, the Financial Times reported. People who know about it are transparent.
According to the latest figures from the China Automobile Association, car sales in China totaled 1.958 million in August 2019, down 6.9 per cent from the same period last year. Of this total, passenger car sales were 1.653 million, down 7.7 per cent from the same period last year. Although the sharp decline in the industry as a whole has changed, the pressure it is facing has not been effectively alleviated. SAIC BYD, August car sales, August car company sales "id=" c7555552f546122b577dd676a5bc2b05_img_25388 "src=" https://www.autocha...
After the gradual downturn of the automobile market in 2018, car companies have entered a period of accelerated elimination, and even some car companies have begun to sell their wealth. Ideal acquisition Lifan, Weima acquisition of Dalian Huanghai, Boqun Xiali to establish a joint venture, Aichi Motor acquisition of 50% stake in Jiangling Motor to become the largest shareholder. There is another enterprise that even the new forces of car building do not want to ask, and that is Huatai Motor. Today, some netizens exposed that Huatai Automobile Chairman Zhang Hongliang left the office in a hurry after a small poster saying "pay me back" was posted at the door of Huatai Automobile Chairman's office. According to the data, Zhang Xiugen founded in 2000.
Thanks to the improvement of China's overall auto market, car companies such as Volkswagen, General Motors and Toyota all achieved varying degrees of growth in sales in China in the first half of the year. The media compiled a list of the top 10 sales of multinational car companies in China in the first half of 2021, according to official data released by car companies. Thanks to the improvement of the car market, most car companies achieved varying degrees of growth in sales in China in the first half of the year, but the sales performance of individual car companies is not optimistic. Judging from the published list, the top two sales of multinational car companies in China are Volkswagen and General Motors. China, as Volkswagen's largest single market, has accumulated sales of 184.6 in the first half of this year.
October 2022 new energy vehicle sales list data source: passenger association retail volume tabulation: automotive industry concern ranking model manufacturer level monthly sales 1 Song BYD compact SUV561382 Wuling Hongguang MINIEV SAIC GM Wuling minicar 412553 Han BYD medium and large cars 3
In October 2017, Honda formally sued Great Wall for patent infringement, involving a Harvard H6, the second time Honda has sued a Chinese-owned car brand for infringement. On June 20, the above-mentioned case was formally heard in the Beijing intellectual property Court. According to the plaintiff Honda Technical Research Industry Co., Ltd., in 2007, the company obtained two patents for inventions entitled "the rear door structure of the vehicle" (No. 200710008273.0) and "the decoration installation structure of the vehicle" (No. 200710161631.1). Honda was in the Great Wall Motor Company in 2015.
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 April 2, Polar Krypton issued a price adjustment statement. Polar Krypton said that due to the recent rising prices of upstream raw materials and other factors, the price increase of new energy vehicles has become a common phenomenon in the industry. Polar Krypton will raise the selling price of Polar Krypton 001 at 00:00 on May 1. The price adjustment plan will be announced before April 30. In other words, polar krypton 001 has confirmed the price increase, and there is still a gap of less than a month. As for how much the increase still needs to be officially announced at that time, some netizens think it praiseworthy to announce the price increase information in advance. Some netizens think that it is intended to stimulate consumers to place orders first. The polar krypton car is the Geely flag.
It has been an unusually "cold" summer for senior executives to leave one after another, declining car sales, financial difficulties and so on. Yesterday, Li Bin officially said that Zheng Xiancong, co-founder of Xilai Motor, will officially leave his post and will continue to serve as Li Bin's personal adviser after retirement, support Lai Automobile in the supply chain and partners, and will continue to serve as chairman of Xilai Drive Technology. Continue to strategically guide the development of technology. According to public information, Zheng Xianchong worked at Ford for only 30 years before joining Xilai Motor, serving as the purchasing director of Ford's joint venture Jiangling Ford in China, vice president and vice president of Ford China.
November 2022 SUV sales list data Source: passenger Association Retail sales tabulation: automotive industry focus on ranking model brand level sales 1 Song BYD Compact SUV63636 2Model Y Tesla China medium SUV52424 3 yuan PLUS BYD Compact S
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
Deadlock! Volkswagen may face mass strike
Many BMW 4S stores are running away! Fujian Consumer Council named
Chicken feathers all over the ground! A total of 570 million yuan has been executed by the giant 4S store giant group
It really looks like this! New BMW iX3 patent map exposed
Another family! Ford officials announce layoffs of 4000 people
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