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The global region was hit by the COVID-19 epidemic in the first half of this year, and many multinational car companies suffered losses to varying degrees. However, according to the financial reports released by a number of multinational car companies one after another, under the influence of this year's epidemic, some car companies are still making profits. Porsche is still the most profitable car company, with a bicycle profit of nearly 10, 000 euros.
On October 27th, the National Bureau of Statistics released the profit report of industrial enterprises above the national scale for the period from January to September. Among the 41 major industrial industries, the total profits of 30 industries increased compared with the same period last year, while 11 industries decreased. Among them, the profits of the automobile industry declined, with a total profit of 373.46 billion yuan from January to September, down 16.6% from the same period last year. In 2019, the automobile industry is affected by many factors, such as the macro-economic slowdown, the automobile market tends to be saturated, and the sixth-grade emissions are implemented in advance, resulting in a continuous decline in car sales, a decline in the efficiency of automobile enterprises, and the automobile industry has entered a cold winter. According to the statistics of China Automobile Association, China's automobile production and sales have been 15 in a row.
The growth of luxury brands against the market is a major growth point for the profits of dealer groups. The dealer group "Meidong Automobile", which mainly operates luxury brand 4S stores, saw its profits soar by nearly 50% in 2019. Under the influence of the epidemic in 2020, it will also be able to achieve a sharp rise in profits in the first half of the year. On Aug. 19, Meidong Motor announced interim results for 2020, with first-half earnings of 8.448 billion yuan, an increase of 23.5% over the same period last year, after-tax profit of 307 million yuan, an increase of 28.5% over the same period last year, and a net interest rate of 3.6%. Profit during the period attributable to equity shareholders increased by about 27.6% to about 301 million yuan. In the first half of the year, set.
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.
BYD announced results KuaiBao: the company's total operating revenue in 2018 was 130.06 billion, up 22.79% from the same period last year; the net profit attributed to the company's shareholders was 2.79 billion, down 31.37% from the same period last year. According to the report, sales of new energy vehicles are growing rapidly, but the fuel vehicle industry is declining. Orders and profits are affected by weak demand in the industry and increased competition in the market for mobile phone components and assembly business. In addition, the expansion of photovoltaic business losses and rising financing costs also affect its overall profits to a certain extent. In terms of sales, BYD sold 520000 vehicles in 2018, an increase of 25% over the same period last year, including new energy.
Sales of its own brand Great Wall increased in the first quarter of this year, but profits fell by nearly 60%. According to the announcement issued by Great Wall Motor in the first quarter of 2019, the total revenue was about 22.627 billion yuan, down 14.85% from the same period last year; the net profit belonging to shareholders of listed companies was 773 million yuan, down 62.84% from the same period last year. Great Wall did not give a specific reason for the increase in sales but a sharp drop in profits. The growth in sales of Great Wall, in addition to the introduction of Harvard F5, F7, VV6 and other new cars to increase the segment of products, but also through sharp price concessions to promote sales, or have a certain impact on profits. 2...
Due to the recession in the electric car and self-driving industry, automakers are investing huge amounts of money in R & D projects, but it takes a certain amount of time to recoup the cost, so they are facing greater pressure. Last month, Volvo reported lower profits than the same period last year and said it would also put a lot of pressure on its annual profit margins this year. So Volvo made a decision to "lay off" hundreds of employees. Volvo responded that it was assessing staff and other costs to ensure that the business had "the right skills", but declined to give further details. Volvo cars are in a statement.
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.
Nissan plans to cut 10000 jobs worldwide to improve its performance, Kyodo news agency reported. Plummeting profits and massive layoffs around the world are a sign of the enormous pressure on Nissan. According to the latest news, Nissan plans to cut at least 5200 more jobs worldwide, and the company announced in May that it would cut 4800 jobs, bringing the total number of layoffs to 10000, more than 7 per cent of Nissan's global workforce. The layoffs include the 4800 jobs announced in May, mainly at underutilized overseas factories, according to people familiar with the matter. It is not clear whether the layoff plan involves.
Fiat Chrysler Group (FCA) reported adjusted profit before interest and tax of 7.3 billion euros (55.8 billion yuan) in 2018, up 3% from a year earlier, but profits of its luxury brand Maserati fell sharply, related to weak sales in China. Net income of the Maserati brand fell to 2.663 billion euros in 2018, down 34% from 4.058 billion euros in 2017, while adjusted EBIT was 151 million euros, according to the financial report.
Over the past month or so, a set of data showing a decline in China's auto industry in 2018 has become the focus of the topic. China's automobile production and sales in 2018 were 27.809 million and 28.081 million respectively, down 4.2 per cent and 2.8 per cent respectively compared with the same period last year, the first annual decline in 28 years. In this environment, from the 14 listed vehicle companies that have announced their 2018 performance forecasts, it is found that only 4 have achieved year-on-year growth, while the remaining 10 have declined, or even dropped sharply. In addition, a total of three car companies reported operating losses. A number of car companies have said that the decline in performance is related to.
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.
Earlier, Nissan announced that it planned a round of layoffs that would affect 12500 jobs in order to address the sharp drop in profits. Now, however, layoffs alone are not enough to solve the problem. In addition to cutting the number of workers, they will also cut their product lines worldwide and reduce their product categories by 10% by March 31, 2022. Hiroto Saikawa, Nissan's chief executive, said at a news conference that product cuts were mainly focused on small cars, including Datsun models launched in developing countries. ...
Daimler's profits fell sharply as a result of the "diesel door" incident, but BAIC and Geely were interested in the future of its automation and competed to acquire shares. In just 12 months, Daimler has issued four profit warnings. In June, Daimler announced a cut in its profit forecast, the third time this year that Daimler has cut its profit forecast for 2019. Daimler had previously insisted that profits would increase in 2019 compared with the same period last year, but this time Daimler admitted that earnings before interest and tax in 2019 were expected to be the same as in 2018. The latest profit warning is.
According to the annual financial results released by Fiat Chrysler Group (FCA) for 2018, Masadilla's net income fell 34% year-on-year to 2.663 billion euros in 2018, while profit before interest and tax was 151 million euros, down 73% from a year earlier. In the statement, Maserati believes that the reason for the large amount of brand profits is the sluggish sales in China. According to statistics, of the 34900 vehicles sold by the Maserati brand worldwide in 2018, domestic sales accounted for about 1/3 of its global sales with 11000 vehicles, and sales in China fell by 32 per cent. Some people in the industry have analyzed this, saying that Maserati 2.
Affected by the depression of the automobile sales market in the first half of this year, as the upstream industry of vehicle manufacturing, the performance of auto parts enterprises also showed a large-scale decline. Not long ago, the overall decline in the ranking of auto parts companies in the Fortune 500 list released by Fortune magazine proves that it is an indisputable fact that the auto parts industry is collectively backward. According to this year's Fortune 500 ranking, there are 10 auto parts companies on the list this year, of which seven have declined to varying degrees, except for two that have risen slightly and one that remains unchanged. Judging from the list data, except for Bo in the first half of this year.
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.
As we all know, Volkswagen has been able to climb to where it is today, and Piech, the "father of Volkswagen", played a central role. It single-handedly made Volkswagen one of the world's largest automakers. Of course, with the change of the times, the global automobile industry is facing an once-in-a-century change, that is, the transformation of electrification and intelligence. Coupled with the implementation of government policies, after the European Union forces automakers to cut carbon dioxide emissions by 37.5% between 2021 and 2030, a new round of emissions cuts are bound to threaten jobs and profits. This rule is based on a 40% reduction in emissions between 2007 and 2021.
Recently, domestic automobile listed companies have released half-yearly results for 2022, in the "Automotive Industry concern" statistics, but 17 A / H-share listed vehicle companies semi-annual reports, only BYD, GAC GROUP, Great Wall Automobile, Lifan Motor achieved double growth in revenue and net profit in the first half of the year, SAIC Group, Dongfeng Group
On Oct. 25, Renault reported third-quarter revenue of 11.296 billion euros, down 1.6% from a year earlier; global sales fell 4.4% to 852198 vehicles. Among them, Dongfeng Renault sold only 606 vehicles in September, down 42.3% from the previous month and 76.1% from a year earlier. Sales totaled 11917 vehicles from January to September, down 73.43% from the same period last year. Renault said that Renault's production, performance, sales and profits fell to varying degrees due to falling demand for diesel vehicles, reduced Nissan production and a slowdown in the global car market. This year.
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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