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  Didi plans to enter Latin American markets such as Chile, Peru and Colombia

  A few days ago, we learned from relevant sources that DiDi is recruiting managers for related positions in Chile, Peru and Colombia. The recruitment is aimed at opening up the local market and further competing with Uber. At the same time, DiDi also made relevant personnel changes and dispatched some company leaders to these three markets. Some industry insiders speculate that DiDi's behavior of opening up overseas markets may be related to DiDi's substantial domestic losses, Didi's behavior to reduce expenditure, substantial layoffs in China and further reduce the scale of the business. DiDi's entry into Latin America is still faced with the challenges of Latin American culture and law.

  Latin America Latin American Market Chile and Peru 2019-02-18
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  Latin NCAP crash test! Sihao Flower Fairy got zero.

  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

  Collisions tests safety Latin models scores scores heads cars netizens Kia protection flower fairies flower fairies situation 2022-12-15
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  Infiniti announces new appointments

  On June 1st, Infiniti announced its latest appointment: Jose Roman, the top head of Nissan in Mexico and Latin America, will become global president of Infiniti (Infiniti). He will take office on July 1st and work at the company's global headquarters in Yokohama, Japan. Meanwhile, Jos

  Nidi market China brand Dongfeng model global domestic automobile growth luxury company headquarters sales products 2023-06-04
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  PSA Group's global market except Europe has declined, and China has lost 8000 on the sale of a C5.

  The French automaker PSA announced its first-half sales. As sales in emerging markets put pressure on its overseas operations, its first-half car sales fell 12.8 per cent to 1.9 million from 2.18 million in the same period last year. Sales of PSA have fallen sharply in almost every region except Europe. Although PSA has barely achieved 0.27 per cent growth in Europe, its largest market, it has suffered a sharp decline in almost every other region, with sales falling 62.1 per cent in China and 29.3 per cent in Latin America. The European market is based on.

  Global PSA decline Europe Group 2019-07-16
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  Geely Renault joint venture is in operation!

  After the successful marriage of Geely and Renault, its joint venture has made new progress. Recently, the internal combustion engine joint venture Horse officially began operation. the new company, headquartered in Madrid, Spain, is composed of 9000 former Renault employees, has eight production bases and three research centers, and has an annual production capacity of 3.2 million.

  Renault Market Company Geely Automotive Internal Combustion engine Business China Technology Electric fuel Europe Enterprise Power Joint Venture 2023-07-08
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  PSA sales fell 29.2% in the first quarter and is expected to decline by 10% in China this year.

  On April 21st, PSA Group released its first-quarter 2020 results. According to the data, PSA Group achieved operating income of 15.179 billion euros from January to March, down 15.6 percent from 17.976 billion euros in 2019. Among them, in the automotive business sector, PSA realized operating revenue of 11.934 billion euros, down 15.7% from a year earlier. Obviously, the PSA Group has not been able to avoid the impact of COVID-19 's epidemic on the automobile business. Due to the intensification of the impact of the epidemic on global automobile production and sales, the sharp decline in sales has hindered the operation of PSA Group. According to the sales data released by PSA Group, today.

  PSA 2020-04-22
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  Invest tens of billions of yuan! Great Wall Brazil factory pushes 10 electric cars in three years.

  On January 27th, Great Wall held the handover ceremony of the "ARTE FUTURO" Brazilian plant in the state of Sao Paulo, Brazil, which also means that Great Wall officially took over the former Daimler Group's Irasemapolis plant in Brazil, which is expected to start production in the second half of 2023 with an annual production capacity of 100000 units. At the ceremony, Great Wall also released Great Wall Automobile's "2025 Strategy" as well as a detailed strategy for Brazil's core market. According to the core Brazilian market strategy released by Great Wall Motors, Great Wall plans to invest 11.5 billion yuan in Brazil in the next two cycles (as long as 10 years).

  Great Wall Motor 2022-01-28
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  In 2019, PSA's net profit increased by 13.2%, but it lost 5.4 billion yuan in the Chinese market.

  On February 26th, Peugeot-Citroen (PSA) released its 2019 results. The financial report shows that in 2019, PSA achieved an overall operating income of 74.731 billion euros (about 571.7 billion yuan), an increase of 1 percent over the same period last year; operating profit of 4.668 billion euros, an increase of 6.1 percent over the same period last year; and adjusted operating profit of 6.324 billion euros (48.3 billion yuan), an increase of 11.2 percent over the same period last year. In 2019, PSA's net profit attributable to the parent company was 3.201 billion euros (24.4 billion yuan), up 13.2% from a year earlier. PSA Group is in...

  PSA Peugeot Citroen 2020-02-27
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  Renault-Nissan-Mitsubishi Alliance issued a new strategy, Nissan became the key to strategic development.

  On May 27th Renault-Nissan-Mitsubishi Alliance announced a series of measures as part of a new business partnership model to improve the competitiveness and profitability of the three companies and save the troubled alliance. Renault-Nissan-Mitsubishi alliance will adopt the "leader-follower model" strategy, according to the guiding strategy, Renault Group, Nissan and Mitsubishi Motors will respectively focus on the market to avoid duplication. Nissan will focus on China, North America and Japan, Renault will focus on Europe, Russia, South America and North Africa, and Mitsubishi will focus on ASEAN and Oceania. In the opening of the product.

  Mitsubishi Motors Nissan Motor Renault Group 2020-05-27
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  FCA announced that the merger would be completed early next year, with a loss of 13 billion yuan in the first quarter.

  After Dongfeng Group formally approved the merger of Peugeot PSA Group and FCA Group, the merger of PSA Group and FCA Group was promoted. FCA issued a statement on May 6th that Fiat Chrysler (FCA) and Peugeot Citroen (PSA) will still merge in early 2021. The merger was first announced in October 2019 that the PSA and FCA groups will fully merge with a 50:50 stake to expand and cope with costly investment in new technologies and slowing market demand. The merger signed in December 2019.

  FCA PSA 2020-05-06
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  Toyota announced global sales in 2019, and the Chinese market grew by 9% year on year.

  Toyota, the world's largest carmaker, recently released the latest sales figures, selling a total of 10.7421 million vehicles worldwide in 2019, up 1.4 percent from the previous year, achieving sales growth for four consecutive years and setting a new annual sales record. Although it is 20, 000 more than expected, it is still below Volkswagen's 10.9746 million, ranking second in global sales.

  Toyota 2020-02-02
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  a broken mirror joined together! Nissan Renault Alliance restarts

  After months of negotiations, Nissan Renault's restructuring of the alliance is finally coming to an end. On February 6th, Renault and Nissan announced that they had formally reached a framework agreement for alliance restructuring, with the two companies holding 15% of each other's shares and voting rights respectively. According to the restructuring agreement, Renault's shareholding in Nissan has increased from 43.

  Renault Alliance both sides Mitsubishi Automotive Company shares Equity Cooperation Geely Market proportional Electric restructuring Business 2023-02-07
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  Infiniti announced brand rejuvenation!

  On June 23, Infiniti announced a brand renovation. Judging from the latest logo, Infiniti's English font is thinner and wider, and the Infiniti LOGO, which symbolizes the "infinite road", has changed very little. The original sharp corner on the inside of the ring has been removed, which may be more in line with the brand definition of "infinite". June 1

  Nidi Brand sales Market China Automotive Global domestic Dongfeng products year-round headquarters Supreme Deluxe Vice President 2023-06-23
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  The official website is inaccessible! Acura stops production and sales in China

  The unknown eulogize finally became history in 2023. Nowadays, the official website of GAC Acura can no longer be found on Baidu! On April 8, 2022, GAC Honda and GAC Acura announced on their official website that in order to further promote the implementation of the electrification strategy, the joint venture GAC Acura Resources will

  Market China sales models brands domestic Honda cars luxury sales Nidi Sass Lake USA well-known 2023-01-09
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  16.8 billion! Volkswagen sets up new joint venture in China

  CARIAD, a software company owned by Volkswagen Group, has announced that it will set up a joint venture with Horizon to speed up the development of advanced driving assistance systems and self-driving systems for the Chinese market. It has been revealed that Volkswagen Group plans to invest about 2.4 billion euros in the partnership, and the deal is expected to be 20 percent.

  Volkswagen Group China Horizon Automotive Market Software Germany driving Global Smart Chip Volkswagen Group Cooperation 2022-10-16
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  PSA Group's revenue in the third quarter increased by 1% compared with the same period last year, while sales fell by 4%.

  French carmaker PSA released its third-quarter marketing report, according to its data, PSA Group achieved revenue of 15.579 billion euros in the third quarter of this year, up 1 per cent from a year earlier. The automotive business units (Peugeot, Citroen, DS, Opel and Vauxhall) posted revenue of 11.824 billion euros in the third quarter of this year, up 0.1% from a year earlier, while PSA Group reported revenue of 53.918 billion euros in the first three quarters, down 0.2% from a year earlier. Revenue from the automotive business unit fell 0.7 per cent to 42.202 billion euros. According to statistics, PSA accumulated sales in the third quarter.

  PSA third quarter revenue 2019-10-24
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  Without approval, Great Wall's plan to buy GM's factory in Indonesia fell through.

  Great Wall officially ended its acquisition of GM's plant, the Talegaon, after two delays. On July 1, Great Wall said that the transaction period for the agreement signed between GM and GM to buy GM's plant in Tarigang, India, expired, although it maintained communication and consultation with the Indian government on the project.

  Cars Great Wall India factories markets both sides sales Tarim sales Global Brazil Thailand transactions important one 2022-07-03
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  The global market of French brands has both declined, and the market performance has further shrunk.

  When it comes to legal brands, I believe everyone is very familiar with them, and they already enjoyed a reputation in China in the early days, but with the influence of the market environment, the performance of legal brands in the domestic market has gradually declined, and now the four major brands account for less than 1% of the Chinese market. In addition to the performance of the domestic market, the sales of French brands in the global market have also declined, and the market performance has further shrunk.

  Legal brand 2020-01-18
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  Geely Renault announced the establishment of a new joint venture company!

  On July 11, Geely Holdings Group and Renault Group jointly announced that Geely and Renault signed a joint venture agreement, each holding 50% of the joint venture company. the new company is committed to becoming the leader in the next generation of efficient and energy-saving hybrid system solutions, developing, manufacturing and supplying advanced hybrids around the world.

  Renault Geely Company Power Market Automotive fuel Technology China Electric Operation Assembly Hybrid Business engine 2023-07-11
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  Kia Group released its first-quarter results, sales grew by 17.1% against the trend.

  According to the latest South Korean media reports, Kia Motor Co., Ltd. today released its latest performance report for the first quarter of 2020. Data show that the group's sales in the first quarter of 2020 were 14.5669 trillion won (83.5 billion yuan), up 17.1 percent from the previous year's 12.4444 trillion won (71.3 billion yuan). Nevertheless, the group's operating profit fell 25.2 per cent in the first quarter from a year earlier to 444.5 billion won, while net profit for the current period fell 59 per cent to 266 billion won. However, the operating profit margin is 3.1%, only lower than the same period last year.

  Kia 2020-04-24