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Under the continued impact of the COVID-19 epidemic, a number of international car companies announced quarterly losses in 2020, including Volkswagen, Nissan, General Motors, Daimler, Renault and more than a dozen others, with operating losses in the first half of the year or the first quarter of the fiscal year. A few days ago, a number of car companies announced financial results, BMW, Honda, Mitsubishi, Jaguar Cool Tiger and so on also fell into losses. The impact of stagnant global sales on the performance of car companies has expanded further. BMW .jpg "/ > BMW: loss of 1.9 billion yuan according to BMW Group's second-quarter results, BMW posted a net loss of 230 million euros (about 1.9 billion yuan) in the second quarter, compared with the same period last year.
In 2019, the domestic automobile market has experienced a continuous decline throughout the year, few car companies can make a profit in this environment, and Jianghuai Automobile may become one of them. A few days ago, Jianghuai Automobile Group Co., Ltd. issued a profit announcement for 2019. The forecast shows that the company will achieve a net profit of about 100 million yuan belonging to shareholders of listed companies in 2019, and will turn losses into profits.
On March 19, Jianghuai Automobile released its 2019 financial results, showing that its business income reached 47.286 billion yuan in 2019, down 5.60% from the same period last year. The net profit belonging to shareholders of listed companies was 106 million yuan, compared with 2018-786 million. 2019 achieved a turnround. It seems that it has turned losses into profits, but in fact it is still difficult to escape the status quo of losses. The non-recurrent profit and loss of Jianghuai Automobile in 2019 is mainly concentrated in government subsidies, disposal of illiquid assets and investment income, of which the government subsidy is as high as 1.117 billion yuan, so although it belongs to listed companies.
There have been many cases of heavy losses caused by automobile spontaneous combustion recently, so the problem of spontaneous combustion has once again attracted the attention of all sectors of the community. However, on the evening of June 29, a car spontaneous combustion accident occurred in the underground parking lot of a residential district in Qingdao, which affected more than 40 cars and suffered heavy losses. According to the Internet explosion, the accident occurred in the underground parking garage of Vanke Ecological City Lanting, Licang District, Qingdao City. The car suddenly burned on the evening of June 29, and then smoke billowed from the garage. According to the information released by the property in the district, due to the spontaneous combustion of the garage vehicle, the staff advised the owner to drive all the vehicles out of the underground garage immediately. Subsequently, the fire engine arrived at the scene for fire fighting and rescue, and sealed off.
As a result of the epidemic, global carmakers' losses are also expected, and Volkswagen, the world's largest Volkswagen group by sales, also posted a loss of 2.4 billion euros in the second quarter. Chain effect continues to break out, Honda, Daimler, GM, FCA, Nissan, Renault and other car companies reported huge losses, the second quarter is undoubtedly the most difficult quarter. Judging from the current financial results, only Toyota, PSA Group, Suzuki and Ford have achieved "difficult" profits. Toyota: profit of 9.8 billion yuan on August 6th, Toyota released its second-quarter results. The financial report shows that Toyota achieved revenue 4.6 in the second quarter.
Typhoon Lekima made landfall in Zhejiang on Aug. 11, causing natural disasters in many places and causing heavy losses. it was also the strongest typhoon to make landfall in China since 2019, including flooding in Linhai, Taizhou City. After the typhoon, a large number of water trucks need to be disposed of, and many open spaces have become temporary parking lots for insurance companies, and water trucks and scrap trucks have been transported here. The temporary parking lot of one of the shipyards is packed with cars, most of which are scrapped, and there are six or seven such places near the sea. The insurance company initially estimated that this time more than 10,000 scrapped vehicles were scrapped only in the coastal area due to total loss of water. There are media on-the-spot inspection of the scene, in the river.
Netizens revealed that Hengyang Huxiang Buick 4S store caught fire and suffered heavy losses. Inquiry Hengyang fire official issued a police notice showed that the incident occurred at 22:37 on the evening of the 18th, sent 17 fire engines to control the fire, the scene of the fire area of about 800square meters, but fortunately no casualties. According to online video, the exhibition hall of the Buick 4S store was surrounded by a fierce fire that night. A number of cars were parked in the showroom and outside, and burned by the fire. At 1: 00 a.m. on the 19th, Hengyang Fire official issued a police notice. 22:37 on December 18, 2019, Hengyang Fire Detachment pointed out.
During the rainstorm, serious water on the road caused many private cars to stall or be submerged, and the same thing also happened in the 4S store. A few days ago, there was heavy rain in many places in Zhengzhou. according to local media reports, a number of 4S stores in Weijia Automobile Park on Putian West Road, Longhai Road, were flooded by Rain Water, causing heavy losses by soaking a large number of unsold new cars in the water. On August 2, most of the park was filled with stagnant water, and the whole car park became a "water city", and the water at the entrance to the south gate was as deep as the waist. Car park, operating a number of different brands of 4S stores, Audi, Ford, Buick, Nissan, BYD and other 4S stores were big.
After confirming huge losses, Didi announced layoffs. At Didi's monthly staff meeting on the 15th, Didi CEO Cheng Wei announced that the company would be ready for the winter, which mentioned that the overall layoffs of 15%, the number of people will reach 2000. Cheng Wei, CEO of Didi, said that in 2019, it will focus on the most important travel main industries, continue to increase investment in safety and compliance, and improve efficiency, so it will "shut down and merge" non-main industries, and reduce employees whose jobs overlap and substandard performance brought about by business restructuring, accounting for 15% of the total staff, involving about 2000 people. Earlier, according to a copy of DiDi's internal flow.
The situation in which stagnant water on the road caused by heavy rain can not be discharged quickly will have a lot of impact anywhere. A few days ago, several 4S stores in Xintang Automobile City in Zengcheng, Guangzhou were flooded by Rain Water due to a long-lasting torrential rain in Guangdong, causing heavy losses to a large number of unsold new cars in the water. (video of Xintang Motor City) according to the video provided by netizens, the whole area of the park is full of stagnant water, almost turning the whole car park into a "water city". In addition to the open space in the center of the video, two.
A few days ago, the Panamanian freighter Felicity Ace suddenly caught fire in the Atlantic Ocean, which has been burning out of control for nearly a week. Volkswagen or insurance companies will face heavy losses.
A few days ago, BAIC Blue Valley released its semi-annual performance report, which showed that the operating income in the first half of the year was 3.479 billion yuan, an increase of 42.76% over the same period last year. The net loss of shareholders belonging to listed companies was 2.181 billion yuan, compared with a net loss of 1.813 billion yuan in the same period. In recent years, BAIC Blue Valley has not performed well and has lost money for two consecutive years.
In the face of the severe epidemic, many companies have embarked on the road of bankruptcy. National Machinery Automobile announced on the evening of the 16th that Finoba Bavaria, a German subsidiary of the company's wholly-owned subsidiary China Automotive Industry Engineering Co., Ltd. (hereinafter referred to as "China Automotive Engineering"), due to the outbreak of the epidemic, the mainframe plant stopped production and was unable to resolve liquidity, and planned to minimize losses through bankruptcy. The losses caused by the bankruptcy are estimated to be between 1 million and 2 million euros. National machine automobile expresses, because Finoba Bavaria will face the condition that capital chain breaks and cannot continue to operate, undertake bankruptcy to its, have.
Due to the spread of the novel coronavirus epidemic around the world in the first half of 2020, the automotive industry suffered heavy losses and impacts, whether car companies or upstream auto parts companies were also affected. For example, Fuyao Glass, the world's largest auto glass manufacturer, reported a nearly 40% drop in profits in the first half of the year.
Under many unfavorable factors, such as the economic downturn in 2019, the upgrading of consumption, the continuous decline in the trend of domestic car sales, the subsidy retreat of new energy vehicles, and the switch from national five to national six models, the car market is generally rated as "the worst car market that car companies have ever taken." As of July 31, more than 60 listed automobile companies have successively disclosed their performance forecasts for the first half of 2019. Among them, the performance pre-decline accounted for 44.26% of the total number of enterprises, pre-increase, turnround and profit-making enterprises accounted for 24.59% of the total, loss-making enterprises as high as 27.87% of the reasons for losses, some companies pointed out in the statement of performance changes, subject to domestic macro.
Tata Motors lost 501 million pounds ($632 million, or 4.487 billion yuan) in the fourth quarter of its UK business, according to financial reports, as Jaguar Land Rover sales continued to decline.
The media secretly visited two 4S stores in Anhui Geely Automobile and Dongfeng Honda, exposing the unknown black scene of making money in the 4S store, but customers were cheated to do maintenance in the store. After the news spread, it spread to the entire industry, which will directly lead to the reputation of the industry and the market to suffer heavy losses. The next day, the 4S stores and authorized brands involved in the video did not respond to this. on the contrary, the nearly 6-minute video was blocked or almost removed from the network, giving rise to another "black curtain". Video exposure, 4S store for profit, sales for performance, will introduce more additional maintenance items to customers, tricks are full of tricks, and even some.
Ford's sales in China have fallen sharply and its performance has lost money. In order to reverse the decline of the Chinese market, Ford plans to speed up the Lincoln brand's domestic projects and launch more locally produced models. Ford officially announced the production of Lincoln models in China at the end of this year. Ford Chief Financial Officer (CFO) Bob Shanks (Bob Shanks) also said that all the problems the company encountered in China last year were related to the Ford brand, not the Lincoln brand, which is Ford's only bright spot in the Chinese market. "Ford will start producing the Lincoln Corsair SUV in China later this year and will eventually be in China.
On April 14, Haima issued a forecast for the first quarter of 2020, showing that the company expects the net profit loss attributed to shareholders of listed companies from January to March 2020 to be 85 million-125 million yuan, down 93.27% to 184.22% compared with the same period last year. For the reason for the sharp decline in net profit, Haima said that "affected by the COVID-19 epidemic, the company's car production and sales declined year-on-year." According to the production and sales announcement issued by Haima Motors on April 7, the cumulative production and sales of Haima Motors in the first quarter were 1469 and 2591 respectively, down 59.94% and 49.12% respectively from the same period last year.
On the evening of September 25th, Haima announced that Haima signed an "equity transfer agreement" with Zhengzhou Ruizhishang strength Co., Ltd., according to the content of the agreement, Haima transferred its 100% stake in Shanghai Haima Automotive Research and Development Co., Ltd. to Ruizhishang Enterprise Co., Ltd. at 806 million yuan plus the profit and loss price between the benchmark date of equity transaction and the date of equity settlement. According to Tianyan inquiry, Zhengzhou Ruizhishang Industrial Co., Ltd. was established on February 2, 2018 and is a 100% subsidiary of Haima Investment Group Co., Ltd. Its main business is the opening of new energy technology.
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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