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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.
With the continuous news of Dongfeng high-end brand h, Dongfeng officials recently announced that the brand will be released in the third quarter of this year, and the first model is scheduled to go into production and launch in 2021.
French carmaker Renault Automotive Group officially announced its 2019 results on February 14. The company's operating income in 2019 was 55.54 billion euros, down 3.3% from a year earlier, while net profit was 19 million euros, compared with a loss of 141 million euros ($153 million) last year, the first annual loss in 10 years, according to the financial report. Renault said car demand would remain volatile this year, announced a sharp cut in 2019 dividends and lowered its 2020 operating margin target. According to official sales figures, Renault-Nissan-Mitsubishi Alliance in 2019.
According to foreign media reports, Renault is considering closing four factories and cutting five models across France in order to restructure the business so as to cut costs by 2 billion euros. According to the report, the closed factories include two vehicle factories and two parts factories, including the Flins plant in Paris and the Dieppe plant in northern France. The two parts factories include the Choisy-le-Roi parts factory in Paris and the Morbihan foundry in western France. A closed worker.
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According to sales figures released by Nissan in China, sales in China in February 2020 were 15111 vehicles, down 80.3 per cent from a year earlier. Citibank said that the COVID-19 epidemic led to a sharp decline in Nissan's sales in the Chinese market, coupled with the fact that Nissan's four factories in the Chinese market were unable to produce normally within two months. Nissan's net profit for the fiscal year 2020-2021 is expected to fall by 35%, which will put more financial pressure on Renault-Mitsubishi alliance. It is understood that Nissan has four factories in China, including three factories.
Italian Deputy Prime Minister Luigi Dimayo publicly criticized the French government for blocking the merger of Renault and Fiat Chrysler on June 7 local time, Reuters reported. Luigi Dimayo, Italy's deputy prime minister and minister of industry, said: government intervention was the reason for the failure of the [Fiat-Chrysler and Renault] merger, and Renault was not satisfied with it. This would have been an open market operation that would have benefited Italy and the Italian people. He said the French government had a negative impact here. This should be an open market operation, and we should respect the open market operation. "except with Fiat Chrysler.
The world's three largest automobile groups announced global sales results in the first half of 2019, Volkswagen Group ranked first, leading Toyota Motor Group with only 50,000 vehicles, Toyota achieved sales growth and gradually pressed Volkswagen. Nissan Renault-Mitsubishi Alliance, which ranked third, fell 5.9% from a year earlier. General Motors has not yet released a sales report. Volkswagen continues to be the world's best-selling car group, with cumulative global sales of 5365300 units in the first half of this year, down 2.8 per cent. China is Volkswagen Group's largest consumer market, accounting for nearly 36% of sales. Volkswagen Group sold new products in China in the first half of the year.
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.
After Toyota announced its withdrawal from the Russian market, Mazda, a Japanese car company, also said it was considering withdrawing from the Russian market and ending its production business in Russia. At present, Mazda's manufacturing plant in Russia has stopped production, but Mazda has not yet made a final decision on sales and after-sales issues. September 26, according to Reuters
FCA is in talks with Peugeot-Citroen over a merger, Reuters reported, citing people familiar with the matter. PSA is Europe's second-largest carmaker, with a market capitalization of $22.5 billion, compared with $22.3 billion for FCA. A merger of the two companies would create a nearly $50 billion car manufacturing company with a market capitalization comparable to that of Honda. For the past few years, FCA has been trying to find a partner. On April 30, 2009, the US government announced that Chrysler would officially go bankrupt on April 30, when Chrysler was negative.
The list of sales of 12 multinational car companies in China in the first half of 2019 has been compiled, of which Volkswagen Group beat GM to become the champion with sales of nearly 1.92 million vehicles, while GM ranked second with a gap of nearly 350000 vehicles. The top three Japanese car companies (Toyota, Honda and Nissan) occupy the last three seats in the top five. Of the 12 multinational car companies on the list, more than half of them showed varying degrees of decline in sales in China in the first half of the year, with PSA falling by 60.6%, compared with a 22.4% increase in Honda's sales in China. Next, let's take a look at the details of various car companies in China in the first half of this year.
Since last year, there has been news of a merger between PSA and FCA until the end of the year when the two sides signed a joint agreement to achieve a full merger of the two companies with a share ratio of 50:50. However, affected by the epidemic and other factors, the merger of PSA Group and FCA Automobile Group has been questioned by the outside world. In order to break the deadlock, new news came out between the two sides a few days ago.
As the world's largest automobile market, China has become an important strategic market for major multinational car companies, and as the major multinational car companies have announced their sales in the third quarter of this year, their sales ranking in China has also been released. Volkswagen, General Motors and Toyota are still the biggest sellers in China, according to the data.
Nissan officially announced its results for the third quarter of fiscal year 2020 on February 13. According to the data, the company's third-quarter operating profit was 54.3 billion yen, down 82.7 per cent from a year earlier, while net profit was 39.3 billion yen, down 87.6 per cent from a year earlier. Nissan's last quarter results were "disappointing", which will be Nissan's first quarterly loss since March 2009. Nissan downgraded its full-year results, forecasting a full-year operating profit of 85 billion yen and a full-year net profit of 65 billion yen, while in the 2019 Q3 earnings report, full-year operating profit is expected to be 150 billion yen and net profit is 110.
On October 24, Japan's Mitsubishi Motors issued an announcement to promote the structural reform of GAC-Mitsubishi's China business, and the local production of Mitsubishi-branded cars in China will be terminated. GAC-Mitsubishi will become a wholly owned subsidiary of GAC GROUP, and the production facilities will be used by GAC Ean. GAC GROUP announced more details to the public.
2019 has been a difficult year for any car company, as global car sales fell for the second year in a row and the biggest, with total global sales of 90.3 million vehicles down 4.3 per cent from a year earlier. Against this backdrop, many car companies have seen a decline in profits, including Toyota, the world's largest carmaker.
Sollers, the Russian carmaker, said on November 10th that it would buy a 50 per cent stake in the joint venture plant of Japanese carmaker Mazda in Vladivostok, Russia. On the same day, Mazda made a statement in its performance announcement
Recently, Kia executives publicly angered BYD and pointed the finger at BYD Chairman Wang Chuanfu, causing widespread concern and heated discussion in the circle. Yang Honghai, chief operating officer of Kia China, posted on Weibo on February 15 that it had posted a message on an APP about whether to choose fuel vehicles or electricity at the 150000 MSRP price.
At the 15th China Automobile Blue Book Forum, Yang Honghai, Chief operating Officer (COO) of Kia China, once again aroused widespread concern and heated discussion in the automotive circle. Yang Honghai said in public that the technology accumulation, talent accumulation and globalization experience of joint venture car enterprises, including global profits, are far larger than those of local enterprises.
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
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Changan Automobile's October sales announced!
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