NAV: AutoBeta Home > AutoBeta Popular content >

Joint venture stock ratio Learn more about Joint venture stock ratio

AutoBeta has retrieved the following content about Joint venture stock ratio for you across the entire web.

• 

  Volkswagen ignored SAIC's request to increase its stake, and the SAIC official statement responded.

  Volkswagen Group revealed a major news at its annual meeting that it was considering increasing its stake in a joint venture in China. Given that China has announced the lifting of joint venture share ratio restrictions in 2022, Volkswagen CEO Dis said it was considering increasing its stake in the Chinese joint venture and would determine whether the plan to increase the share ratio would work by the end of this year or early next year. Volkswagen also said that if we can achieve the adjustment of the stock ratio is of course the best. At present, Volkswagen has three vehicle manufacturers in China, including FAW-Volkswagen, SAIC-Volkswagen and Jianghuai Volkswagen. SAIC, a joint venture partner, took the lead in expressing its position on the adjustment of the joint venture stock ratio. March 18,.

  2019-03-18
• 

  Hyundai plans to acquire shares in Sichuan Hyundai, which may become the first wholly foreign-owned commercial vehicle company.

  According to relevant media reports, South Korean Hyundai Motor will fully acquire Sichuan Hyundai by 2020, that is, it will have a 100% stake in Sichuan Hyundai, that is, it will complete the acquisition of all shares in China. If the acquisition is successful, Sichuan Hyundai will become the first wholly foreign-owned commercial vehicle company in China after the deregulation of stock ratio restrictions on foreign car companies. It is understood that Sichuan Hyundai Automobile Co., Ltd. is a joint venture between China and South Korea, established in 2012 by Sichuan Nanjun Automobile Group Co., Ltd. and Hyundai Motor Co., Ltd. It only began formal operation in January 2013, and its business scope is the production, sales and service of commercial vehicles, engines and their accessories.

  Modern Sichuan Hyundai 2019-09-29
• 

  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
• 

  Honda claims to adhere to the existing joint venture model and will not abandon Dongfeng and Guangzhou Automotive teammates.

  After the restrictions on joint venture shares in the automobile industry have been phased out, brilliance BMW has become the first company to taste fresh, and will more foreign car companies join the ranks? A few days ago, Honda executives made it clear in an interview that Honda will not give up its joint venture model in China. Honda's head of intellectual property Standardization Co-ordination Department said, "even if China's auto industry opens the 50% maximum shareholding limit, Honda will not change its existing cooperation model with Chinese car companies." will adhere to the strategy of not wholly-owned or controlling development in China. " It also said that to understand the Chinese market, we cannot rely on Honda alone, but must cooperate with local car companies.

  Honda Guangzhou Automobile Honda Dongfeng Honda 2019-03-07
• 

  GAC-Mitsubishi joint venture stock ratio adjustment, official response

  According to media reports, the equity ratio of Guangzhou Auto-Mitsubishi, a joint venture between GAC GROUP and Mitsubishi of Japan, has changed, with GAC GROUP's shareholding falling from 50 per cent to 6.3431 per cent, Mitsubishi Commercial Co., Ltd. from 20 per cent to 92.4705 per cent and Mitsubishi Automotive Industry Co., Ltd. from 30 per cent to 1.1864 per cent. In response to the above reports, GAC GROUP related sources said that "(the above news) is a media report error." As of press time, the auto industry focused on inquiries and other platforms, and did not find the equity changes in the above reports.

  GAC Mitsubishi 2022-01-22
• 

  The Ministry of Industry and Information Technology has made it clear that further opening up the automobile market will speed up the merger and reorganization of the industry.

  Following the announcement of the opening schedule of the joint venture stock ratio, the Ministry of Industry and Information Technology once again announced the opening of the automobile market. A few days ago, Huang Libin, spokesman for the Ministry of Industry and Information Technology, said that in the future, telecommunications, Internet, automobile and other fields and related fields will be further opened to foreign investment, so as to continue to improve the level of intellectual property protection and create a good business environment. Huang Libin also said that China will unswervingly open wider to the outside world, treat the issue of Sino-US trade frictions with an open mind and tolerant mind, do not carry out construction behind closed doors, blindly emphasize "self-control", and will not decouple from international industrial development. The national policy protects the development of China's automobile industry and allows independent car brands to own.

  Joint venture stock ratio 2019-10-28
• 

  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
• 

  BMW announces completion of joint venture stock holding brilliance BMW 75%

  Germany's BMW officially announced that its joint venture brilliance BMW in China has obtained a new license, BMW's stake in brilliance has been officially increased from 50% to 75%, and partner brilliance continues to own 25% of brilliance BMW. BMW spent 3.7 billion euros to acquire a 25% stake, and BMW said it would complete the payment by Feb. 22, and from Feb. 11, BMW's interest in the company will be included in BMW's financial statements. the partnership agreement between the two sides will be extended to 2040.

  BMW announces completion of joint venture stock holding brilliance BMW 75% 2022-02-12
• 

  Chery Jaguar Land Rover equity may change

  According to media reports, a Jaguar Land Rover Chinese employee revealed that the stock ratio of Chery Jaguar Land Rover may change, and foreign investors want to gain control, but it is not clear what Chery thinks. Another Chery Jaguar Land Rover employee also confirmed this to the media: "our office near Hongqiao will be next year."

  Land Rover Chery Market Brand China Company both sides Model sales New aspect Automobile sales luxury Enterprise 2022-10-14
• 

  Audi also took action after BMW! Audi is considering increasing its stake in a joint venture in China

  BMW has confirmed that it will expand its stake in brilliance, control the joint venture and buy a stake in BMW brilliance for 3.6 billion euros, raising its stake to 75 per cent. Now there is news that Audi, another German luxury brand, is also considering increasing its stake in a Chinese joint venture. Song Yinzhe (Alexander Seitz), director of Audi's China operations, revealed that Audi is considering whether to increase its stake in its Chinese joint venture, Reuters reported. Song Yinzhe said: "We will have more news about this at the end of this year or early next year." We welcome the opening of the Chinese market. Anything we do.

  Audi increasing holdings joint ventures 2019-03-15
• 

  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
• 

  Volkswagen Group's latest plan: to launch 70 electric vehicles in the next decade, considering increasing the share ratio of Chinese joint ventures.

  Volkswagen Group is seeking to transform the direction of electrification, get rid of the negative image of "emission gate" and adapt to the needs of the era of electric vehicles. On March 12, Volkswagen Group officially released its future electrification plan, which will launch 70 electric vehicles within 10 years. According to the plan, Volkswagen Group will launch nearly 70 electric cars in the next decade, an increase of 20 models from the previous 50 models, and further expand the product lineup. In addition, the number of cars based on the group's electric vehicle platform will increase from 15 million to 22 million. In terms of investment intensity, Volkswagen plans to invest more than 30 billion in the electrification sector by 2023.

  2019-03-13
• 

  Bye! Dongfeng Motor officially bid farewell to Dongfeng Yueda Kia!

  Win-win cooperation? No, no! On December 17, Dongfeng Motor, which has been together for 19 years, and Dongfeng Yueda Kia announced their separate ways. Dongfeng Group, which has a 25 per cent stake, has officially withdrawn from Dongfeng Yueda, and the 25 per cent equity transfer project of Dongfeng Yueda Kia has been delisted at a transfer price of 297 million yuan, according to a notice from the Shanghai United property Exchange. At present, the withdrawal of Dongfeng Motor also means that Dongfeng Yueda Kia will change from the original three-way joint venture to Yueda and Kia. According to Dongfeng Yueda Kia, after Dongfeng Group withdrew from Dongfeng Yueda Kia, the company's future shares are still under negotiation with Yueda.

  Dongfeng automobile 2021-12-18
• 

  GAC-Mitsubishi suspends new car production!

  On April 25, Mitsubishi Motors issued a confirmation notice of non-operating expenses and special losses. Mitsubishi Motors said that GAC-Mitsubishi Motors Co., Ltd. launched the new Euroland in December 2022, but as competition in the Chinese market intensified, sales targets continued to fail, so it is expected to be in fiscal year 2022 (up to 2023).

  Mitsubishi Automotive Market China Brand Outlander Model sales Outlander Group Cooperation Product Company Factory data 2023-04-27
• 

  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
• 

  Self-innovation? Dongfeng Motor will be "split"

  On May 25, Dongfeng Motor Co., Ltd. (hereinafter referred to as "Dongfeng Motor") issued a notice that Dongfeng Motor received a notice from its controlling shareholder, Dongfeng Motor Co., Ltd. (hereinafter referred to as "Dongfeng Co., Ltd.") on May 24. Dongfeng Co., Ltd. is planning the transfer of shares in the company, which may lead to the company.

  Dongfeng Automobile Dongfeng Motor Company Limited Group shares Co. Ltd. Dongfeng Automobile Group sales shareholders Equity holding spare parts matters 2022-05-26
• 

  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
• 

  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
• 

  Heavy! BAIC becomes the largest shareholder of Daimler

  On December 13, BAIC announced that in order to strengthen long-term strategic cooperation between the two sides, it had held a 9.98% stake in Daimler AG through continued investment in 2019. This shows that the two sides fully recognize the success of long-term cooperation in the past and attach importance to future development. At the same time, Daimler Group holds 9.55% of Beijing Automobile and 2.46% of BAIC Blue Valley, and cross-shareholdings will contribute to the high-quality development and long-term success of both sides in the Chinese market. BAIC has no plans to further increase its stake in Daimler under an agreement between the two sides. Beijing Automobile has a long history with Daimler since 20.

  Beijing Mercedes Benz 2021-12-13
• 

  The price of the whole department has gone up, and the new generation of Euroland is listed.

  On November 19, the new generation of Outlander officially opened its pre-sale, with a total of seven models, including four two-wheel drive versions and three four-wheel drive versions, of which the two-wheel drive and four-wheel drive top versions are both seven-seat models with a price range of-10,000 yuan. It is understood that the third generation of Euroland is based on the same CMF platform of Nissan Qijun.

  Mitsubishi Olam Outlander car engine Brand New car Automobile sales China Design New range Price 2022-11-20