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  Ford: not only the pursuit of sales results, but also the benefits and development prospects

  Chen Anning, president of Ford China, said in an interview with the media during the Shanghai auto show, referring to the sales target, Chen Anning said, "Ford is not only pursuing sales results in the market, but also focusing on efficiency and future development prospects." Chen Anning also revealed that Ford will launch more than 30 new models of Ford and Lincoln brands in the next three years, and has formulated policies for dealers to establish retail-oriented sales strategies to help dealers reduce inventories, stabilize transaction prices in the end market, and boost dealer morale. Chen Anning said that by the end of 2019, Ford will launch new domestic models, including Lincoln and Fu.

  Ford 2019-04-20
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  Faraday's future legal counsel sued FF and claimed more than $100m.

  According to foreign media reports, Faraday Future Faraday Future was sued by Liu Hong, its former global general legal adviser, for $106 million in compensation. This is undoubtedly a new problem for the future of Faraday, which has not yet achieved mass production of new cars. On Jan. 3, Liu Hong filed a complaint with the Federal District Court for the Southern District of New York in Manhattan, claiming that Faraday overestimated his prospects with fraudulent information and poached him from the law firm Mayer Brown. At that time, the top management of Faraday disclosed to Liu Hong that the company was carrying out a financing of 2 billion yuan and promised Liu Hong 60.

  Faraday 2020-01-05
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  BYD Wang Chuanfu proposes to gradually ban the sale of fuel cars to achieve full electrification.

  On July 2nd, the 2019 World New Energy vehicle Conference was held in Hainan. Experts and enterprise representatives spoke on the current development problems and prospects of the new energy vehicle industry. Wang Chuanfu, chairman of BYD Automobile, a leading domestic new energy vehicle company, said in a speech that China should formulate a comprehensive electrification development plan as soon as possible, gradually ban the sale of fuel cars, and achieve electrification of private cars by 2030. Wang Chuanfu said that at a time when traditional cars are facing a huge downward situation, we should take this opportunity to further restrict the gradual realization of a total ban on the sale of traditional fuel vehicles and unswervingly support fully electric new energy vehicles.

  BYD Wang Chuanfu 2019-07-02
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  South Korea's SK Innovation will invest US $490 million to build a power battery factory in China to aim at the domestic market

  South Korea's SK Group will invest US $490 million to build a power battery factory in China, according to South Korea's Central News Agency, SK Group, South Korea's third-largest multinational company, will invest US $490 million to build a second car battery factory in China. SK Group is expanding its battery capacity around the world, and in March it separated part of its materials business as an independent subsidiary to protect the company's power battery business in the global market and ensure its competitiveness in the current market prospects for electric vehicles and flexible displays. And the good profit of SK in the above areas is also an important reason for the company to make this business adjustment.

  Bosch 2019-05-15
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  Hillhouse Capital cleared its positions and built three brands, and transferred to participate in BYD's fixed increase of shares.

  Hillhouse Capital spent $200 million to participate in the latest round of private placement of BYD shares, according to media reports citing people familiar with the matter. For this purchase, Hillhouse Capital plans to participate in the subscription for a higher amount, but did not get a positive response from BYD, and finally decided at US $200 million. In response to the news, Li Yunfei, general manager of BYD Automotive Brand and Public Relations, posted a Weibo response: "We thank and recognize Hillhouse Capital for participating in this round of growth." It is believed that the combination of forward-looking capital and advanced intelligence will bring better development prospects to the enterprise. " It is worth mentioning that those participating in the latest round of private placement of shares by BYD.

  BYD 2021-02-18
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  360 took a stake in Nahan Automobile, becoming the second largest shareholder.

  On October 18th, the company announced that its board meeting had reviewed and passed the "motion on investing in Hezhong New Energy Automobile Co., Ltd.". It is proposed to invest 2.9 billion yuan in Hezhong New Energy Automobile Co., Ltd. (hereinafter referred to as "Naha Automobile"). After the completion of this investment, 360 will indirectly hold a total stake of 16.594%, making it the second largest shareholder. 360 company said that the company's proposed investment in Nahan Automobile is mainly based on the good development opportunities and market prospects of the network security and intelligent Internet connection automobile industry. Three sixty male.

  Nashi car 2021-10-19
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  Dongfeng new domestic brand "Lantu Automobile" released, the new LOGO looks like this!

  Another new domestic high-end brand is coming! On July 17, Dongfeng launched its new high-end electric brand, which is called "Lantu" in Chinese, and the new LOGO of the brand has also been officially confirmed. According to the official introduction, the homonym of Lantu is "blueprint", implying good planning and prospects. On the other hand, the brand LOGO takes Kunpeng's wings as the shape, and its outstretched wings also have a beautiful meaning. It is understood that the h division of Dongfeng company first started in April 2019, mainly to create a new high-end new energy brand, and finally set up Lantu automotive technology company and Lantu brand According to officials, Lantu operates completely independently and does not belong to Dongfeng Group.

  New energy vehicle 2020-07-18
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  Honda GM low-cost electric vehicle cooperation failed!

  According to the latest news from foreign media, Honda and GM said on Wednesday that they would abandon their plans to jointly develop economical pure electric vehicles. Honda president Toshihiro Mibu said in an interview that the company had cancelled plans to develop economical electric vehicles with GM because of business prospects. Miku Minhong said that in

  Cars Honda electric cars partnerships companies development models markets driving costs targets services low prices profits 2023-10-26
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  BBA's financial report fell again in the first half of the year, Audi ranked bottom again.

  Car market winter, these four words not only shrouded in the Chinese market, since last year, the global car market is also depressed. In this context, the sales performance of many car companies has become very interesting. In the context of the upgrading of the overall consumption level, the performance of the luxury car market is more interesting. Judging from the current development trend, BMW's development prospects are better than Mercedes-Benz, both in terms of sales volume and the expectation of the market in the second half of the year. In the first half of this year, BMW actually overtook Mercedes-Benz, though not by much. Overall, BBA three brands in addition to BMW in sales and revenue to achieve a slight increase, the other two brands in each index.

  Audi slide. 2019-08-09
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  Sales of Dongfeng's four joint ventures in January, two French companies dropped significantly

  Dongfeng Automobile Group released the sales figures of four major joint ventures in January. Dongfeng Nissan and Dongfeng Honda, two Japanese companies, performed normally, but Dongfeng Renault and Shenlong Motor, two legal enterprises, were dismal. In addition, the continuing impact of novel coronavirus's pneumonia epidemic in Wuhan, Hubei Province, its future market prospects are still very confused. According to the data released, Dongfeng Nissan sold 90, 000 vehicles in January, down 9 per cent from a year earlier. Under the influence of the epidemic, Dongfeng Nissan factories in Guangzhou have resumed production, while the factories in Dalian will resume production after the 21st and the factories in Xiangyang and Zhengzhou will resume work after the 24th. Dongfeng Honda sold 67510 vehicles in January.

  Dragon car Dongfeng Renault 2020-02-18
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  More than 250 million US dollars in investment! A new force of car building is rumored to be holding hands with local tycoons in the Middle East.

  Recently, according to media reports, Saudi Arabia's sovereign wealth fund Saudi Public Investment Fund (PIF) is in talks with Gaohe's parent company, Chinese Express, to invest at least $250 million. In addition, according to a person familiar with the matter, Chinese Express hopes to raise up to 1 billion US dollars from private investors for Canada.

  Automobile Saudi Arabia Chinese American Express Investment Market aspect Cooperation Global Brand Middle East both sides Fund Strategy sales 2023-11-09
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  The number of new car-building forces ranked in October: Lai ES6 topped the list, while Xiaopeng G3 fell to the third.

  According to the latest motor vehicle traffic insurance data released by the CIRC, the number of new cars registered by the new car-building forces rose to 6459 in October, with a cumulative total of 50218 from January to October. Since the decline of subsidies for new energy vehicles in June this year, sales of new energy vehicles have declined for four consecutive months. The decline in new energy sales from July to September has gradually widened, falling 3.8 per cent, 21.7 per cent and 34.8 per cent respectively, and new energy vehicle sales fell 45.4 per cent year-on-year in October. The sales of new energy vehicles continue to decline, causing concerns about the development prospects of new energy vehicles in the industry. It is worth noting that the car market is grim.

  The new power of car building 2019-11-25
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  The sales targets of the major car companies are coming!

  At present, the global automobile market is still affected by the shortage of chips, and the impact of the COVID-19 epidemic continues, but many car companies still maintain high prospects and confidence for the development in the coming year. To this end, the automobile industry pays attention to statistics of a number of car companies' sales targets in 2022. Geely Automobile: annual target of 1.65 million sets as a leader of its own brands, Geely Motor's performance in the Chinese market is obvious to all. Data show that Geely sold a total of 1328029 vehicles in 2021, winning the top spot for Chinese brand car companies for five consecutive years. However, Geely did not complete 153 in view of the shortage of spare parts during the year.

  BYD 2022-02-05
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  Volkswagen says sales of new energy vehicles in China will account for 50% in 2035.

  According to foreign media reports, Volkswagen Group recently issued a statement saying that Volkswagen Group will achieve its goal of increasing the proportion of electric vehicles sold in the Chinese market to 50% by 2035, and strive to lead the electric transformation of China's automobile industry. Herbert Deiss, the company's chief executive, said at the Boao 2019 World New Energy vehicle Congress on Tuesday that by 2035, half of Volkswagen's cars sold in China will be new energy vehicles (NEV). Volkswagen is working with FAW Group, SAIC Motor and Anhui Jianghuai Automobile in China.

  2019-07-03
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  Chery was forced to execute 955 million yuan? Official response

  Chery issued two "instructions" on its official Weibo on June 14. According to the statement, the case concerning the contract dispute involving Chery holding Group Co., Ltd. and Chery Automobile Co., Ltd. reported by the relevant media has been completed; another "statement" shows that Chery holding Group has

  Chery Automobile Company Limited Co. Ltd. contract dispute share Haining contract dispute case holding Group Electric official 2023-06-15
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  Volkswagen Group plans to streamline its brand lineup, including the sale of Lamborghini

  According to overseas media reports, Volkswagen is pushing ahead with comprehensive reforms, hoping to double its market capitalization from 81 billion euros today to 200 billion euros in order to maintain its position in the industry in the future. Among them, it is considering a variety of options for its Lamborghini supercar brand, sale or spin-off listing. As the possibility is currently being assessed, it is in a state of confidentiality. Although some analysts expect Lamborghini's strategy to expand from a supercar to a more spacious versatile model, helping its market capitalization rise to about $11 billion (78 billion yuan) since it went public in mid-2018.

  Volkswagen Group sells Lamborghini 2019-10-12
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  Sell 6 cars a month! The car company sells its factory in Russia.

  According to foreign media reports, South Korean carmaker Hyundai Motor has sold its factory in St. Petersburg to Russia's AGR Automobile Group, a move that means Hyundai Motor is about to withdraw from the Russian market after continuing Renault, Toyota, Nissan and Volkswagen. September thirteenth

  Cars Russia markets factories sales St. Peter St. Petersburg group production share large scale big rules difficulties global company 2023-09-17
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  Sales are dismal, and SAIC Skoda remains depressed.

  With the decline of brand premium and the gradual decline of product competitiveness, SAIC Skoda has finally ushered in a piece of good news. On July 21, SAIC Skoda announced the completion of production of its 3 millionth vehicle. Since SAIC Skoda's first domestic model, Ming Rui, was launched in June 2007, the brand has been operating in the Chinese market for 13 years.

  Go up to Skoda 2020-07-21
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  Trump criticizes General Motors for moving factories to China GM: it will not affect American jobs

  U.S. president Donald Trump criticized GM on Twitter, which probably read: "GM was once a giant in Detroit, but now it is one of the smallest automakers in Detroit," Reuters reported. GM moved its major factories to China before I took office, and despite the assistance provided by the United States, they did, and now it's time for them to move back to the United States? " CNBC quoted official and industry data on the same day but pointed out that some of the statements in Trump's tweets against the Detroit automaker were misleading or inaccurate. General Motors is still the largest automaker in the United States.

  2019-08-31
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  Mitsubishi Motors reported operating profit of $1 billion in 2018, denying integration with Renault Nissan.

  P.p1 p.p2 p.p3 p.p4 p.p5 span.s1 span.s2 Japan's Mitsubishi Motors reported that its operating profit for fiscal 2018 reached 111.8 billion yen ($1.01 billion), an increase of 14% over the same period last year, mainly due to higher sales and cost control measures offset by foreign exchange losses. Net income reached 132.87 billion yen ($1.2 billion), up 24% from the same period last year. As global sales grew in all major markets, reaching 1.24 million vehicles, up 13% year-on-year, revenue also rose 15.

  Cars Mitsubishi profit 2019-05-12