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  Geely acquires 49.9% stake in Proton Motor

  On January 20, Geely announced on the Hong Kong Stock Exchange that Linkstate, a direct wholly-owned subsidiary, entered into a Proton agreement with Geely International Hong Kong. Geely International Hong Kong conditionally agreed to sell and Linkstate conditionally agreed to buy Proton sales shares and sales loans at a consideration of RMB 10.

  2023-01-21
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  Another best-selling luxury brand in China has chosen to avoid building a factory in China.

  As we all know, with the rapid rise of China's automobile industry, ​ has not only realized the localization of more and more multinational brands, but also become the largest single automobile market in the world. In spite of this, many imported brands refuse to build factories in China. Recently, there is news that Porsche is going to build a factory in Malaysia.

  Luxury brand 2021-02-07
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  The epidemic forced the chip factory to stop, he Xiaopeng was worried online.

  According to CCTV, data from the China Automobile Circulation Association in August showed that China's used car market showed a momentum of growth in the first half of the year, with the trading volume of used cars reaching 8.43 million, an increase of 52 percent over the same period last year, which is the best result in China's used car market in recent years. From the perspective of market research, quasi-new cars are very popular with consumers. Generally speaking, an accident-free second-hand car with a life of less than one year and a mileage of about 10,000 kilometers is called a "quasi-new car". Take a new car of about 300000 as an example, with a license plus taxes and insurance, the total price is about 330000.

  Chip 2021-08-18
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  After Geely acquired Proton, it finally brought its second model off the line.

  ​ has been on the road to revival since Geely completed its acquisition of a 49.9 per cent stake in Malaysia's Proton brand in 2017. Eighteen months after Geely strategically took a stake in Proton, the two sides launched the first jointly developed Proton X70. Recently, the second model Geely exported to Proton Technology, the Proton X50, was officially put off the line at the Danrong Marin factory in Malaysia.

  Baoteng 2020-09-16
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  Proton CKD factory settled in Pakistan to build an example for Belt and Road Initiative

  On April 26, witnessed by Malaysian Prime Minister Mahathir Mohamad, Proton Motor and Pakistan Ajiha Automobile Group held a production technology license agreement exchange ceremony. According to the agreement, Proton built a CKD assembly plant in Karachi, Pakistan, and this time, when the second Belt and Road Initiative International Cooperation Conference was held, it sent an important signal that Belt and Road Initiative's policy brought economic development and cooperation in the region. Proton, Malaysia's largest carmaker, previously owned by the DRB-HICOM Group, was founded under the leadership of the current Prime Minister, Mahathir Mohamad, and acquired British Lutes in 1996, giving the company

  Factory car 2019-04-28
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  Geely Yang Xueliang released Proton's new LOGO and slogan on social platform

  According to relevant media reports, the vice president of Geely Automobile Group said on the personal social network today that Proton Motors has released new slogans, new LOGO and new brand value. The new slogan is: INSPIRING CONNECTIONS (stimulate connection); the new brand LOGO is: PROTON,NEXT CHAPTER! Proton, the next chapter! The core values of the new brand are: Innovative Technology,Reliability,International (innovative technology, reliability, internationalization). This.

  Geely Yang Xueliang Proton Automobile New LOGO 2019-09-24
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  After Geely spent 1.2 billion to buy Proton, Proton released a new LOGO and a new slogan ​.

  Yang Xueliang, vice president of Geely Automobile Group, said on personal social platform that Proton Motor has released new brand value, new LOGO and new slogan, according to domestic media reports. Its new brand LOGO is: (Proton, next chapter! The new slogan is: (stimulate connection); the core values of the brand are: innovative technology, reliability, internationalization). In addition, Proton also released a new brand logo. Compared with the old version of the design, the new version of the logo design is round, and has two versions of black and white, while retaining the original design elements of the Proton logo. It is understood that Proton is a domestic car brand in Malaysia, established in 1983.

  Geely spent 1.2 billion to buy Proton which released a new LOGO and a new slogan ​ 2019-09-24
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  Will Porsche be made in China? CEO gave a reply.

  In recent years, the position of the Chinese market has been strengthened day by day, and more and more brands are considering to put into production in China and realize localization. Lincoln, for example, announced last year that it was officially home-made in China, launching two models, the adventurer and the pilot, and achieving rapid sales growth. However, even with a surge in consumer demand in China, Porsche, a luxury brand owned by Volkswagen, insists it will not produce cars in the Chinese market. Porsche CEO Oliver Blume recently said he would consider building a factory in China to produce cars, citing German manufacturing to keep the Porsche brand overflowing, the Financial Times reported.

  Porsche 2021-02-24
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  Ideal Motors downgrades its third quarter delivery forecast

  On September 20, ideal Automobile issued an announcement through its official website to adjust its delivery outlook for the third quarter of 2021. According to the announcement, due to the impact of the COVID-19 epidemic in Malaysia, the special chip factory used by the millimeter wave radar supplier of ideal car has seriously reduced production. And the recovery of chip supply was less than expected, and the company now expects 24500 vehicles to be delivered in the third quarter of 2021, down from its previous forecast of 25000-26000 vehicles. The company will continue to monitor ongoing market conditions and work closely with its supply chain partners to minimize the impact of chip shortages on production. ...

  Ideal car 2021-09-21
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  Li Shufu has another car company listed in the United States!

  On January 31st, Lutes Technology announced that it had reached a final merger agreement with special purpose acquisition company L Catterton Asia Acquisition Corp (hereinafter referred to as LCAA), which is expected to complete the merger in the second half of 2023. According to the merger and acquisition agreement

  Tex Geely Brand Proton Automotive Intelligence Technology models Luter Market West Asia Malay Malaysia Holdings Code 2023-02-02
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  The price of chip shortage has soared nearly fivefold, and 2.99 million cars have been discontinued worldwide.

  According to the latest data from AutoForecast Solutions, due to the continuing impact of the shortage of chips, the cumulative number of cars stopped production worldwide has reached 2.99 million. At the same time, AutoForecast Solutions also predicts that chip problems will continue to ferment, which could eventually lead to the suspension of global car production to 4.09 million.

  Global automobile 2021-06-07
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  Lack of chip production capacity, Porsche uses temporary chip

  According to foreign media reports, due to the global lack of core problem, Porsche owners can not pick up the car normally. Porsche plans to replace some models with temporary chips and replace them when real chips are available. It emphasizes that these temporary chips will only be used in the necessary functions of the vehicle and will not affect the safety of the vehicle. In addition, Porsche will leave the necessary chips to models with higher profits and lower emissions to reduce emissions. Porsche said that starting temporary chips to replace real chips is not an isolated case. At present, major automakers are considering using this method to deal with it.

  Temporary chip 2021-08-07
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  The black market price of Bosch ESP chip has increased 300 times, and the black market price is 4000 yuan per chip.

  According to China Business report, a number of car company executives said that affected by the epidemic in Malaysia, the current black market price of Bosch ESP (body stabilization system) chip is 4000 yuan per chip, but under normal supply conditions, Bosch ESP chip only needs 13 yuan per chip, and the black market price is nearly 300 times higher than the normal price. It is understood that the black market price of Bosch ESP chips has continued to rise since August, with a price of 1500 yuan at the beginning of August, 2500 yuan in mid-August, and about 4000 yuan at present. An executive of a car company revealed to the media the process of the deal, and a car pulled him.

  Chip 2021-09-14
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  Because of the desolation of chips, it is difficult to get a car of popular models, and "cars and people" become "people waiting for cars".

  According to CCTV: with the increasing shortage of chips in the world, the lack of cores in the automobile industry is also gradually transmitted to the consumer side, and many popular models have the phenomenon that "one car is hard to get". Some media interviewed a dealer of a new energy car brand, who said that he had planned to order nearly 200 cars this year, but only a few dozen have been booked so far. As the number of orders continued to rise, he called the car manufacturer almost every day to check the progress of the car, but the reply he got was always "need to wait". After that, the media also visited a number of 4S stores and found that almost all the popular models on the market need to be ordered for production, with a short delivery cycle of two to three weeks and a long one.

  Stop production 2021-06-11
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  Geely plans to set up a design center in the UK to improve its design capacity

  Zhejiang Geely Holdings Group plans to set up a design center in the UK, which will employ designers from former Jaguar Land Rover and Aston Martin to expand its five-member team to 100 people within five years. According to reliable intelligence, Geely's UK design center will be located in Coffentry, UK, and its business includes domestic Geely passenger cars, Malaysia's Proton, Britain's Lotus sports car and LinkedIn. It is understood that Wayne Burgess (Wayne Burgess) will be the head of the British Design Centre. Some industry insiders analyzed Geely's move, saying that Geely established the design this time.

  Geely founded designed 2019-02-22
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  Geely will invest 9 billion to reshape Lutes, confirming the first electric sports car, Evija.

  Geely holding Loutus has confirmed that the first all-electric supercar TYPE 130 has been officially named Evija, and earlier this year proposed to invest 9 billion yuan to open a new factory to reshape Tesla. Lutes' life has gone through twists and turns. In 1986, Lutes was sold to General Motors, and in 1993, General Motors sold Lutes to A.C.B.N. Holdings S.An of Luxembourg for 30 million pounds. In 1996, a majority stake in Lutes was sold to Malaysia's Proton until 2017, when Geely acquired Luter.

  Geely electric investment sports car 2019-07-04
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  Ideal ONE delivers 2 less radar vehicles! Free reloading for late arrival

  Today, according to the picture released by @ Star Channel, in order to reduce the impact of chip shortage on the delivery of new cars, ideal Motors has introduced a new delivery plan of delivering first and then reinstalling radar. Users who originally planned to pick up the car in October and November, because of the supply of millimeter wave radar chips, delivery experts will communicate with users one by one, and the original December pick-up users will not be affected. As can be seen from the content of the picture, the delivery plan: deliver three radar models with front 1 + rear 2-angle millimeter wave radar for users, and carry out free reinstallation for users before the Spring Festival from December to next year.

  Ideal ONE 2021-10-07
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  Ichida: Nissan's performance in 2020 is still deteriorating and will slash spending

  The epidemic continues to have an impact on the automobile industry, and Nissan, which is in trouble, is unable to reverse the decline. Nissan CEO Makoto Uchida said the company's performance is still deteriorating as a result of the epidemic and the company will further cut fixed costs, according to Bloomberg. The outbreak led to a shortage of spare parts. Nissan closed some of its production lines in Kyushu in southwestern Japan on February 14 and 17, and some of Nissan's production in Japan was suspended on February 23. Affected by the epidemic, Nissan will further close Malaysia, the United States, the United Kingdom, India, Mexico, Russia.

  Nissan Automobile 2020-03-04
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  Pickup trucks lifted the ban on various manufacturers scrambling for fresh Shanghai Auto Show released

  Pickups, which range from flat vans to SUVs, have long been popular in North America; even in the third season of Amazon car show The Grand Tour, there is a special test for three brands of pickups; it can pull goods to the gallop and hilly forest on the farm. You can also take a family with motorboats to the suburbs for a holiday when needed. Apart from North America, the regions with the greatest demand for pickups are Thailand and Malaysia in Southeast Asia, as well as the Middle East. In the traditional sense of our country, pickups are classified as commercial models carrying goods. Two or three in the country.

  Car pickup truck 2019-04-20
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  Ulai Malin: the exhibition cars in the exhibition hall are almost sold out, so we can only put the model ​​​.

  Today, Ma Lin, director of automotive communications at Xilai, posted an "empty showroom" on Weibo, saying, "it's not easy for my colleagues. The cars in the showroom are almost sold out, so we can only put models." The partners in the chip supply chain are under a lot of pressure. It is worth noting that since Volkswagen stopped production due to the shortage of ESP chips in mainland China and Bosch in December 2020, the "core shortage" crisis continues to affect the present, and many car companies have announced to stop production or reduce production because of chip supply cuts, and this problem has affected automobile manufacturers at home and abroad. According to earlier media reports, Audi was given only one key due to a shortage of chips. This.

  Weilai 2021-09-29