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Hyundai Motor will close its first No. 1 plant in China, which is understood to have started construction in Shunyi, Beijing, in 2001 and started production the following year. South Korea intended to close China's oldest factory in March this year. In 2018 sales figures, Hyundai sold just 780000 vehicles for the year, well below its target of 900000, compared with rival Nissan's 1.5 million in China and Toyota's 1.475 million in China. The sales volume of the two competitors is twice that of Hyundai, while Hyundai has a total of five factories in China, namely, Shunyi No. 1, No. 2 and No. 3, Hebei Cangzhou factory and Chongqing factory.
In the face of declining sales and serious overcapacity, Hyundai previously said it was considering closing its No. 1 factory in China to enhance its competitiveness and profitability. Hyundai Motor has decided to close its No. 1 plant in China, Bloomberg reported. Beijing Hyundai, Hyundai's joint venture with BAIC in China, has five vehicle production plants, with the first three in Shunyi in Beijing, one in Cangzhou, Hebei and one in Chongqing, with a total annual capacity of 1.65 million vehicles. The closure of the oldest No. 1 factory in Beijing means that there are only four factories left in Beijing Hyundai, which will ease the problem of spare capacity and production pressure. The shutdown of a factory is also taken into account.
Hyundai Motor Group has listed its second factory in Beijing for sale as part of a broader effort to adjust its China strategy, according to South Korean media reports. It is understood that in the future Hyundai Automobile Group will focus on electric cars and luxury car series in order to reverse years of sluggish sales in the world's largest car market. It is understood that the second factory of Hyundai in Beijing mainly produces Sonata, Langyou and Tusheng. Hyundai is negotiating with several Chinese electric car manufacturers to sell the plant, including Xiaomi Group. March 30, Xiaomi Group announced at a press conference that it officially entered the field of car construction, Xiaomi Group CEO Lei Jun.
Still can't sell, Beijing Hyundai will sell the Chongqing factory at a discount. According to the announcement of the Beijing property Rights Exchange, the Chongqing branch of Beijing Hyundai Motor Co., Ltd. has once again lowered the Chongqing factory transfer price, and the current minimum transfer price is 2.25 billion yuan, which has been reduced by 1.43 billion yuan compared with the initial transfer floor price. According to
Passenger car sales in the UK fell 1.6 per cent to 161000 in January, according to figures released by the British Association of Automobile Manufacturers (SMMT) on the 5th, showing that new passenger car registrations fell 1.6 per cent in January from a year earlier to 161013. In January, passenger car sales fell 15.4 per cent to 16629 (market share 10.3 per cent), Volkswagen grew 5.1 per cent to 13224 (8.2 per cent), Vauxhall fell 3.2 per cent to 12250 (7.6 per cent) and Mercedes-Benz grew 3.0 per cent.
A few days ago, due to the decline in performance, DPCA has lost money in the Chinese market for years, and the news that it hopes to reduce losses and improve cash flow through factory closures and layoffs has finally been confirmed. According to China Business report, DPCA will begin to implement measures such as work stoppage and personnel diversion as soon as this week, and plans to relocate the Wuhan No. 1 plant to Wuhan No. 3 plant, where the former Wuhan No. 1 plant will be converted into commercial land. Previous internal documents showed that DPCA currently employs about 8000 people, and the company plans to reduce it to 5500 by the end of the year and 4000 by 2022. However, according to the person in charge of the Dragon car, the Dragon.
In August 2019, China's new power sold only 5091 cars, accounting for 0.4 per cent of domestic passenger car sales that month, according to traffic insurance data. However, due to the formal implementation of the 2019 new energy subsidy policy in July, the number dropped sharply to 2375 that month, far below the usual performance. In August, sales of new car-building forces in China increased by 114% month-on-month. In terms of specific model sales, Weimar EX5 ranked first with monthly sales of 2175 vehicles, while Xiaopeng G3 sales fell sharply, with only 231 vehicles sold in August. Although Weimar is involved in a dispute over Geely's infringement of trade secrets, sales have not been affected.
Local subsidies for new energy vehicles in Shenzhen are withdrawn. On February 18, the Shenzhen Municipal Development and Reform Commission issued the latest detailed rules for the implementation of Financial subsidies for the Promotion and Application of New Energy vehicles, pointing out that new energy vehicles licensed after August 7, 2019 will no longer be subsidized for purchase. Full text of the policy: the detailed rules for the implementation of financial subsidies for the promotion and application of new energy vehicles in Shenzhen from 2019 to 2020 are to implement the notice of the Development and Reform Commission of the Ministry of Industry and Information Technology of the Ministry of Finance on further improving the financial subsidy policy for the promotion and application of new energy vehicles (Caijian (2019) 138C) (hereinafter referred to as Caijian (2019) 138C).
The Beijing Municipal Bureau of economy and Information Technology issued a public announcement on the financial subsidy funds for the fourth batch of new energy vehicles. A total of 748 new energy vehicles involving seven enterprises will be allocated 34.4142 million yuan. Among them, passenger car companies include Chery, BAIC, SAIC and Jianghuai. BAIC accounted for most of the subsidy funds, reaching 25.633 million yuan. It is understood that this publicity is in accordance with the Beijing Municipal notice on the Adjustment of relevant policies on the demonstration and Application of New Energy minibuses in Beijing (Jing Kefa No. 1 (2017) No. 25), and the detailed rules for the Management of Financial subsidy funds for Beijing demonstration and Application of New Energy minibuses (revised).
According to the announcement of the Beijing property Rights Exchange, the Chongqing branch of Beijing Hyundai Motor Co., Ltd. has lowered the Chongqing factory transfer price, which is currently 2.58 billion yuan. It is understood that the Chongqing branch of Beijing Hyundai Motor Co., Ltd. disclosed the sale of the Chongqing factory on August 11, when the upset price was 36.8.
Recently, the US media released a list of the top 10 models produced and sold in the United States in the first half of 2019. What is unexpected is that Toyota Corolla, which has won the championship many times in the past, has only achieved the tenth place. However, none of the German brands that are popular in China are on the list. So which models are the most popular for American consumers? Let's take a look. NO.10--Toyota Corolla first half sales: 152868 domestic market corresponding models: FAW Toyota Corolla compared to the domestic market new Corolla, the North American market as early as October last year ushered in a new replacement.
According to Tianyan investigation information, on April 20, Bowo Motor (China) Co., Ltd. added two new bankruptcy reorganization cases, the types of cases are bankruptcy review case and bankruptcy case, the applicant and the respondent are both Bao Wo Automobile (China) Co., Ltd., and the handling court is the Beijing No. 1 Intermediate people's Court. Relevant ruling
A fire broke out at Tesla's Berlin super factory at 3 a.m. local time on Monday. According to the local newspaper M ä rkische Oderzeitung, about 800m3 of cardboard, cardboard and wood caught fire near the recycling facility, causing a serious fire at the factory. And then
Peugeot-Citroen and partner Dongfeng have agreed to cut thousands of jobs in China while "abandoning" two assembly plants in Wuhan No. 1 and No. 2, Reuters reported, citing an internal document. The move is aimed at curbing huge losses as soon as possible in the face of depressed sales. Last month, Carlos Tavares, global president of Peugeot-Citroen, reached an agreement with Zhu Yanfeng, chairman of Dongfeng Motor, to close a plant in Wuhan and sell one, cutting the total number of employees in half to 4000, according to documents. Prior to this, the media quoted people familiar with the matter.
Recently, according to media reports, according to people familiar with the matter, Beijing Hyundai will produce electric cars for polar fox, and the two sides are currently discussing the details of cooperation. In addition, a source revealed that Beijing Hyundai will be responsible for design, production and quality control, and the new car will be produced at the Beijing factory. However, in response to this news, Beijing is now
A few days ago, the Beijing property right Exchange disclosed the name of the project, "Land use rights, above-ground structures and related equipment and other assets, No. 18 Modern Avenue, Yuzui Town, Jiangbei District, Chongqing." the transferor is the Chongqing branch of Beijing Hyundai Automobile Co., Ltd. the reserve price is 3.684 billion yuan. This means that Beijing is heavy in modern times.
According to the latest report by Japan's Kyodo News Agency, Toyota, Honda, Nissan and Mazda sold a total of 4.7586 million new cars in the United States in 2022, down 17.9 percent from the same period last year. According to the statistics of "Automotive Industry concern", the annual sales of six Japanese car companies are all
According to the number of new car compulsory insurance purchases, among the national cities in 2022, Shanghai ranked first with 740800 vehicles, Beijing ranked second with 555500 vehicles, Chengdu third and Guangzhou fourth. A few days ago, the best-selling model in Shanghai was announced in 2022. Tesla's two
Since the new energy vehicle has gradually become the development goal of more and more car companies, as its most important parts and battery manufacturers, has become a partner sought by many car companies. A few days ago, several media reported that Daimler will cooperate with BYD and plan to carry a new BYD product, lithium iron phosphate (LFP) blade battery. According to the Tramway report, a representative known as customer No. 1 visited the BYD Fudi blade battery factory a few days ago and visited and held talks. Its representative conducted an on-site audit of the module production line of the Pack manufacturing department of the BYD Fudi battery factory, and examined the technical level, rapid response ability and automation of the Fudi battery.
On the evening of January 16, ideal Motor founder and CEO Li Xiang retweeted an interview with the media after Wen Wei announced the construction of the group car on Weibo, complaining that the group car has refreshed the bottom line of entrepreneurs. Li Xiang said bluntly on Weibo: "those entrepreneurs who expect to find a super savior, those who hope to be powerless by opening the governor's second pulse, generally find liars, or most likely they themselves are liars." It really refreshes the bottom line of entrepreneurs that there are still people who can shamelessly express this point of view to the public. The essence of entrepreneurship is: long-term growth with rhythm and patience. Against Lee.
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
New appointment! A car company's personnel adjustment
Starting from 146,000 yuan ! Linker Z20 pre-sale
Xiaomi SU7 hit a guardrail and caught fire! official response
Sold for 349,900 yuan! The new Cadillac XT6 dropped 100,000 on launch
There is no way to continue! An automobile company ends bankruptcy liquidation
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