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  Sony Honda official Alliance, President: new car uses PS5

  On June 16, the two Japanese giants "Sony Group" and "Honda Motor" announced the formal signing of a cooperation agreement to jointly form a joint venture company "Sony Honda Mobility". The new joint venture company is located in Tokyo, Japan, with a registered capital of 10 billion yen.

  Automobile Sony Honda Electric Company Enterprise Electric vehicle Field sales Industry Cooperation both sides Joint Venture Automotive Industry President 2022-06-16
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  Does Zhongtai Ford become a "rotten tail building"? The listing time of Jianghuai Volkswagen is a long way off?

  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.

  Ford Volkswagen Zhongtai Jianghuai 2019-08-05
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  The automobile industry is bleak, with more than 30 automobile and parts companies listed as difficult enterprises.

  Sales in China's auto market fell for the 12th month in a row, as prices cut and inventory clearance finally saw a year-on-year increase in sales in June, followed by an early consumer overdraft that led to a further decline in July. The cumulative sales of passenger cars in China from January to July reached 11.44 million, down 8.8 per cent from a year earlier, according to the Federation of passengers. Gone are the days when the auto industry lay to make money, and some joint ventures and independent brands have difficulties in survival. Chongqing is one of the "China Automobile cities", which gathers many independent and joint venture brands and auto parts supporting industries, but the decline in sales and brand decline has led to a sharp decline in the auto industry. A few days ago, Chongqing Liangjiang new area hair.

  Ford Automobile Government Changan many 2019-08-11
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  Guangzhou vehicle enterprises partially stop production!

  According to Chinanews.com, at the online media briefing held by the Guangzhou Municipal Bureau of Industry and Information Technology on the 21st, it was learned that the epidemic situation and rising prices of raw materials had a significant impact on the production of Guangzhou's automobile industry. Guangzhou Automobile Honda, Guangzhou Automobile Toyota, Dongfeng Nissan and other major vehicle production enterprises have halted production lines and halted production. Guangzhou Honda Automobile Co., Ltd. was established on July 1, 1998. an enterprise jointly invested and operated by Guangzhou Automobile Group Co., Ltd., Honda Technology Research Industry Co., Ltd. and Honda Technology Research Industry (China) Investment Co., Ltd., according to the share ratio at 50:40:10, the term of the joint venture is 30 years. At present, Guang.

  Guangzhou Auto Honda 2022-04-21
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  GAC and Weilai launch a new brand "joint venture". Will the new company follow the path of momentum?

  In Hangzhou on May 20, electric car start-up Ulai and carmaker Guangzhou Automobile Group unveiled their joint venture's first brand, "Co-creation". Both sides said the brand would operate independently and was unveiled with a new concept model. The model, which will be produced at GAC GROUP's factory, is said to be fully charged and can travel for more than 600km. Details of the new car have not yet been released, and Liao Bing, chief executive of GAC Lai, said the new model will go on sale in China in 2020. The cooperation between GAC and Weilai is easily reminiscent of BYD 10 years ago.

  Tesla Investment 2019-05-24
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  Great changes in the car market in January! Joint venture brands decline throughout the department, only independent brands achieve growth.

  ​ when the domestic car market enters the environment of stock competition, the brands of car companies also appear obvious differentiation. Experiencing the trend of "low in front and high in later" in 2020, it further threatens the survival status of weak brands. From the perspective of the industry pattern, the concentration of the market is increasing.

  Car market 2021-02-13
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  BMW: the plan to buy 25% of brilliance BMW remains unchanged

  BMW responds to brilliance's debt problem: its plan to buy a 25% stake in brilliance remains unchanged

  Brilliance BMW brilliance car 2020-11-18
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  Another joint venture car company was rumored to withdraw, and the official response came.

  The domestic automobile market continues to reshuffle, Changan PSA, Dongfeng Renault and other joint venture car enterprises have been defeated, the production situation of some weak car enterprises has attracted attention. Recently, another joint venture car company has been rumored to withdraw its investment. A few days ago, China Business News reported that GAC Fick sales fell off the cliff for three consecutive years, a large area of idle production capacity, operating losses, and the outbreak of dozens of dealers to protect their rights. Sources close to FCA revealed that FCA has unilaterally proposed divestment from Guangzhou Auto Fick, but it is not clear the progress of this plan. It is worth noting that if FCA divests from Guangzhou Auto Fick, it will be Fiat and Chris.

  Guangzhou Auto Fick JEEP brand 2020-11-04
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  80% debt! The future of GAC-Mitsubishi is a mystery.

  A few days ago, GAC GROUP announced that according to the actual situation of some joint ventures and joint ventures, GAC GROUP and its wholly-owned subsidiary Guangzhou Automobile parts Co., Ltd. through entrusted loans and other means to provide financial support to promote the follow-up work of joint ventures and joint ventures

  Mitsubishi Group Fick Enterprise Factory Product Outlander Outlander Company sales Changsha Operation Total amount assets vehicle models 2022-09-30
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  National Development and Reform Commission: formally liberalize the restrictions on the stock ratio of foreign investors in passenger car manufacturing

  On December 27, 2021, the National Development and Reform Commission and the Ministry of Commerce issued the Special Management measures for Foreign Investment access (negative list) (2021 edition) and the Free Trade pilot Zone (negative list) (2021 edition). Starting from January 1, 2022, China will abolish the restriction of foreign equity ratio in passenger car manufacturing and the establishment of only two or less car enterprises by the same foreign businessman.

  Formally relax the restrictions on the share ratio of joint ventures in passenger car manufacturing 2021-12-28
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  Ford executives: no car company is willing and impossible to give up the Chinese market

  China's automobile production and marketing has been ranked first in the world for 11 years in a row, and its market position has become increasingly important, but with the current stock competition, many foreign-funded car companies have retreated after encountering difficulties. After Suzuki withdrew from the domestic joint venture in 2018, Changan PSA was dissolved at the end of 2019, and Renault stopped operating the Dongfeng Renault joint venture in 2020. Under the Matthew effect, weak foreign-funded automobile companies may not be able to support delisting one after another. In view of the current overall auto market environment, Ford executives said that no car company can give up the Chinese market, but should be bigger and stronger in the Chinese market. December 9, the eighth "Development Zone Dialogue 50."

  Changan Ford Ford China 2020-12-10
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  Renault and Jiangling set up the fourth joint venture, can Renault rely on new energy to make a comeback?

  Renault Group officially announced on July 17th that it established Jiangling Group New Energy Automobile Company with Jiangling Motor by increasing capital by 1 billion yuan, and owns 50% of the company. At present, the new company has completed industrial and commercial registration. People in the industry said that Renault is currently in a difficult situation in China under the pressure of the failure of fuel vehicles and double points, but the joint venture with Jiangling will ease Renault's position in the Chinese market. promote the strategic layout of both sides in China's new energy market. Jiangling New Energy, a subsidiary of Jiangling Group established in 2015, is the third car approved by the Ministry of Industry and Information Technology with pure electric passenger car production qualification.

  Renault establishment joint venture company Jiangling company 2019-07-18
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  The sales of Guangzhou Auto Fick fell for 17 months in a row, and the enterprise got stuck in the Jedi and saved itself.

  As a young joint venture company in China's automobile industry, GAC Fick officially entered the market in 2010. In recent years, its energy has experienced great ups and downs, with a sharp decline in sales, frequent product criticism and serious dealer problems. Not long ago, because of the departure of Zheng Jie, president of GAC Fick, many people worry about whether the company will fall into a life-and-death crisis. According to relevant data, GAC Fick sales in June were 5177, down 54 per cent from a year earlier, while cumulative sales in the first half were 35849, down 49 per cent from a year earlier. This is from January last year, Guangzhou Auto Fick sales decline for 17 months in a row, become Guangzhou Automobile set.

  Sales volume 2019-07-27
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  Employees have to endorse the company's products, and the joint venture car company implements new internal rules.

  For some reasons, some domestic car companies have long implemented the rule that "employees must drive company-branded vehicles before they can park in the internal parking lot", which is mainly focused on independent car companies, but now some first-line joint venture car companies have also issued relevant regulations. gradually join the ranks of "banning other brand vehicles". It is reported that a first-line joint venture car company will implement the new rules for the use of employee parking lots, and employees who buy or update new vehicles in the future can only park in the employee parking lot if they choose our brand vehicles. The internal notice was exposed on a post called the company's name, which also showed that the rule would be officially implemented on October 1, 2020.

  Automobile enterprises 2020-09-23
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  Five years after the joint venture, Mercedes-Benz Technology withdrew from the "BAIC Deben" joint venture.

  In order to further enhance the transformation ability of Mercedes-Benz technology, BAIC and MBtech (Mercedes-Benz Technology) formally established a joint venture "BAIC de Benz" in 2015, followed by the launch of BAIC's own brand model BJ90 based on Mercedes-Benz platform and technology. But after five years of joint venture, BAIC and MBtech parted ways, and MBtech has officially withdrawn its shares. According to the latest news on the enterprise search website, Beijing BAIC Deben Automotive Technology Center Co., Ltd. (referred to as "BAIC Deben") has completed the equity change. MBtech (Mercedes-Benz Technology), as a foreign investor, has withdrawn completely, and all foreigners in the senior management team have withdrawn.

  Mercedes Benz BAIC 2020-10-11
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  Huge losses were saved! Geely announces joint venture with Lifan

  On December 13, Hong Kong Geely Holdings announced that the company intends to jointly invest with Lifan Technology to set up a joint venture company, with a registered capital of 600 million yuan, and Geely Holdings and Lifan Technology each contribute 300 million yuan, with a shareholding ratio of 50%. In addition, after consultation and agreement between the two parties, both parties may appoint another subject to make capital contribution. The announcement shows that the business scope of the target company is vehicle design, research and development, sales (including accessories, parts processing equipment, automobile decoration); import and export of goods, agency import and export, technology import and export; software development; technology development, technical services, technical consultation, technology transfer. According to the announcement, Lifan Science and Technology is based on Ji.

  Geely car 2021-12-13
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  Mitsubishi stopped making China, and the market share of Japanese cars has fallen below 20%.

  On October 24, Japan's Mitsubishi Motors issued an announcement to promote the structural reform of GAC-Mitsubishi's China business, and the local production of Mitsubishi-branded cars in China will be terminated. GAC-Mitsubishi will become a wholly owned subsidiary of GAC GROUP, and the production facilities will be used by GAC Ean. GAC GROUP announced more details to the public.

  Mitsubishi China Market Automobile Brand sales Group share Dongfeng Electric Enterprise Company Japan products engine 2023-10-25
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  Don't be afraid of money! Kia executives said harshly: wait for local car companies to "burn" before grabbing the market.

  At the 15th China Automobile Blue Book Forum, Yang Honghai, Chief operating Officer (COO) of Kia China, once again aroused widespread concern and heated discussion in the automotive circle. Yang Honghai said in public that the technology accumulation, talent accumulation and globalization experience of joint venture car enterprises, including global profits, are far larger than those of local enterprises.

  Kia China Market Automobile Global sales Honghai Brand people RMB Company New Energy Korean won Electric contract 2023-06-17
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  The latest "double points" report card: SAIC GM "blood loss"

  On July 5, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Commerce, the General Administration of Customs and the General Administration of quality Supervision, Inspection and Quarantine jointly announced the average fuel consumption of Chinese passenger car enterprises and the points of new energy vehicles in 2021. According to the announcement, 129 passenger car enterprises in China produced / imported passenger cars in 2021.

  Points cars new energy consumption fuel consumption cars enterprises products policies fuel consumption annual limited production traditional 2022-07-05
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  New progress in the reorganization of brilliance Group!

  On May 31, brilliance China announced that the company had been informed by brilliance Manager that Shenyang Automobile Co., Ltd. had been selected by the brilliance Group restructuring Investor selection and Review Committee as a potential investor in brilliance restructuring, and that brilliance restructuring plan was still being worked out, pending approval from brilliance creditors' meeting and Shenyang Intermediate people's Court. Capital

  Brilliance Company BMW Group Automobile Limited Co. Ltd. brilliance Group Shenyang Enterprise holding people China Management people's Court 2023-06-01