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According to several media reports, SAIC Volkswagen and SAIC Audi will usher in major personnel changes. According to the interface news report, Jia MingDi is about to become deputy general manager of Shanghai Automotive Industry sales Co., Ltd., and his position will be succeeded by SAIC Volkswagen sales Co., Ltd. Party Committee Secretary and SAIC Volkswagen Brand Marketing Division Executive.
On the last working day of April, SAIC disclosed its annual financial report as scheduled. The data show that SAIC's total operating income in 2021 was 779.85 billion yuan, an increase of 5.1% over the same period last year; the net profit belonging to shareholders of listed companies was 24.53 billion yuan, an increase of 20.1% over the same period last year.
On August 27, SAIC disclosed its results for the first half of 2020. According to the report, SAIC's operating income in the first half of the year was 271.52 billion yuan, down 25.39% from the same period last year; the net profit belonging to shareholders of listed companies was 8.394 billion yuan, down 39.01% from the same period last year. SAIC's sales declined significantly, falling 30.24% in the first half to 2049116 vehicles. Its three joint venture brands SAIC-Volkswagen, SAIC-GM and SAIC-GM Wuling are the main sources of profit for SAIC Group. The year-on-year decline in sales failed to prop up the "profit paradise". Specifically, SAIC Volkswagen,.
SAIC released the latest sales figures, showing that total car sales in August were 504236, down 3.57 per cent from 486858 in the same period last year. The cumulative vehicle sales from January to August were 3010910, down 22.08 per cent from 3863948 in the same period last year. SAIC has grown for three months in a row since June, but the current situation for its "profit cow" brands SAIC Volkswagen and SAIC GM is not optimistic, with the two brands falling to varying degrees in August. Based on this, SAIC's sales volume still fell by 20% in the previous August.
Unlike many new energy car companies, SAIC Audi began a new round of price cuts at the beginning of the new year. "Automotive Industry concern" learned from SAIC Audi's official website that the official prices of Audi A7L, Audi Q5 e-tron and Audi Q6 models were adjusted. Among them, Audi A7L 45TFSI except
SAIC, the leader of Chinese cars, is the first to release May sales figures. According to KuaiBao, SAIC sold 473100 vehicles in May, down 1.63 per cent from 480900 in the same period last year, down 1.63 per cent from 1.5697 million in January-May and 36.47 per cent lower than 2.4708 million in the same period last year. Among all the brands of SAIC, SAIC-Volkswagen, SAIC-GM and SAIC-GM Wuling provide most of the sources of sales, among which SAIC-Volkswagen can be said to be the "profit cow" of SAIC. However, since the outbreak of the epidemic, SAIC Volkswagen's sales have been very.
According to the 2019 annual report released by SAIC on the 14th, SAIC's total revenue in 2019 was 843.324 billion yuan, down 6.53 percent from the same period last year, and the net profit belonging to shareholders of listed companies was 25.603 billion yuan, down 28.90 percent from the same period last year. This is the first decline in annual profits since SAIC went public 10 years ago. As for the reasons for the decline in profits, SAIC said that "the automobile industry is generally not as expected, and the domestic automobile market is affected by the combination of economic growth and industry policy factors." SAIC has seen its profits decline for the first time, with sales of joint ventures.
According to the latest news from SAIC-Volkswagen, due to the need of work, Chen Xianzhang was transferred to Deputy Chief Economist and Deputy Director of the Technical Committee of SAIC, and no longer served as SAIC-Volkswagen General Manager. Jia Jianxu, former general manager of Yanfeng Automobile Decoration system Co., Ltd., took over as general manager of SAIC Volkswagen. Chen Xianzhang joined Shanghai Volkswagen in 1988
On April 6, there was news in the market that SAIC had announced a pay cut and started planning layoffs in early April, which triggered a large number of posts and comments. The source pointed out that SAIC will cut the salary of all its employees, including 20% for senior executives, 15% for ministers and 10% for employees. In addition, SAIC Research and Development Institute will also face full staff.
Throughout 2020, SAIC-Volkswagen's performance could not be described as "indescribable". As the former top seller of the year, it is now difficult in the Chinese market. As a "profit cow" of SAIC-Volkswagen, car sales were significantly sluggish in 2020. As a month of traditional passenger car promotion, SAIC-Volkswagen has a feeling of "giving up treatment". According to the latest data released by SAIC, SAIC-Volkswagen sold 1505505 vehicles in 2020, down 24.79% from the same period last year, making it the brand with the biggest decline in annual sales. Judging from the sales in December, SAIC Volkswagen.
According to the Shanghai Securities News, SAIC's sales and performance have dropped again and again, and Shanghai executives have been unable to sit still. The situation of SAIC has attracted the attention of senior officials in Shanghai, and has been asked to study the existing problems, including brand, quality and sales. At the same time, relevant departments in Shanghai will step up support for SAIC's nine major brands and a number of new cars.
SAIC Group released the latest production and marketing KuaiBao, finally ushered in the first monthly sales growth since 2020, but the two major joint ventures SAIC Volkswagen and SAIC General Motors continued to decline. As a result of six consecutive months of decline, the two joint ventures also recorded a decline of more than 30% in the first half of the year. According to the data, SAIC sold 479000 vehicles in June, up 2.8% from a year earlier. In terms of cumulative sales, SAIC sold 2.0491 million vehicles in the first six months, down 30.24% from a year earlier. SAIC-Volkswagen has been in a decline in sales since 2020, even if the car market picks up.
Compared with other joint ventures, SAIC-Volkswagen's performance is indescribable. According to the latest data, SAIC-Volkswagen has declined for 11 consecutive months compared with the same period last year. On December 4, SAIC released its November production and sales report, which showed that car sales reached 643928 units during the reporting period, an increase of 10.65% over the same period last year. Among them, the joint venture SAIC-Volkswagen declined for 11 consecutive months compared with the same period last year, with sales of 161600 new cars in November, down 21.89 per cent from the same period last year. It is worth mentioning that among the mainstream brands of SAIC Group, SAIC Volkswagen is the only one that has declined. SAIC-Volkswagen fell for 11 months in a row.
On August 27th, SAIC released its interim results report, showing that SAIC realized operating income of 356.696 billion yuan in the first half of 2021, an increase of 29.9% over the same period last year. Net profit belonging to shareholders of listed companies was 13.314 billion yuan, up 58.61% from the same period last year. After deduction, the net profit of shareholders of listed companies was 11.854 billion yuan, an increase of 65.18% over the same period last year. SAIC said that the increase in revenue and profit was mainly due to the effective control of the epidemic and the obvious recovery effect of the domestic automobile market, which led to an increase in the company's sales compared with the same period last year.
On December 7th, SAIC announced the production and sales of KuaiBao in November 2021. Data show that SAIC sold a total of 601360 vehicles in November 2021, of which SAIC passenger car sales reached 100000, new energy vehicle sales reached an all-time high of 82000, and overseas sales reached 75000. SAIC Volkswagen and SAIC General Motors are the profit sources of SAIC. Due to the impact of global chip shortage, the sales performance of these two joint venture brands is not optimistic. Sales are still declining for the whole year. Specific analysis, compared with other SAIC brands, SAIC Volkswagen fell more, its total in November.
According to the latest data released by SAIC, the group's sales increased by 43.74% year-on-year to 506700 vehicles in July 2022, and cumulative sales increased by 3.44% to 2.7411 million vehicles from January to July. Among them, as a profit cow, SAIC Volkswagen's sales increased by 85.17% in July compared with the same period last year.
On the last working day of August, SAIC disclosed its annual financial report as scheduled. The data show that the total operating income of SAIC in the first half of 2023 was 326.55 billion yuan, an increase of 3.34% over the same period last year; the net profit belonging to shareholders of listed companies was 7.09 billion yuan, an increase of 2.54% over the same period last year
As we all know, SAIC is the largest automobile group in China, with brands such as SAIC-Volkswagen, SAIC-GM, SAIC-GM Wuling, SAIC Roewe, SAIC Mingjue, SAIC R, SAIC Chase, SAIC Iveco and other brands, covering passenger and commercial vehicle markets. Data show that SAIC sold 5600482 vehicles in 2020 and 1968664 from January to May in 2021. It can be said that SAIC is the largest auto company in the domestic market, and it is also among the top 10 in the global auto market. However, the share price of such a company has been depressed.
According to the insurance figures, SAIC Volkswagen sold a total of 1036514 vehicles in November 2022, down 15.35% from a year earlier, while SAIC Skoda was 40439, down 61.89% from a year earlier. SAIC Audi soared 8314.29% year-on-year, but only sold 5301 vehicles. From
Yesterday, SAIC released its June production and sales KuaiBao: sales in June were 466500, down 15.97 per cent from a year earlier, while SAIC sold 2.9373 million vehicles in the first half of the year, down 16.62 per cent from a year earlier. Among them, SAIC GM Wuling sales fell 29.19% compared with the same period last year. SAIC-Volkswagen sold 919100 vehicles in the first half, down 9.94 per cent from a year earlier, while SAIC GM sold 834100 vehicles in the first half, down 12.91 per cent from a year earlier. Among the 10 enterprises listed by KuaiBao in production and marketing of SAIC Group, only SAIC Zhengda Co., Ltd. and SAIC GM Wuling Automobile Indonesia Co., Ltd.
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
There is no way to continue! An automobile company ends bankruptcy liquidation
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