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  Jiangling's third-quarter net profit increased by 198.65% compared with the same period last year, because of the halo of the Ford brand?

  Recently, Jiangling released its third quarter report in 2019. According to the report, Jiangling Motor achieved sales revenue of 6.686 billion yuan in the third quarter of this year, up 13.28 percent from the same period last year, while net profit belonging to shareholders of listed companies was 98.8114 million yuan, up 198.65 percent from the same period last year. In the first three quarters of 2019, the company achieved sales revenue of 20.408 billion yuan, an increase of 1.08% over the same period last year. Net profit belonging to shareholders of listed companies was 158 million yuan, down 27.93% from the same period last year. Although Jiangling Motor performed well in the third quarter, it still showed a decline in the financial results of the first three quarters.

  Sales of Jiangling Motor in the third quarter 2019-10-27
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  Ford brand sales soared, and Jiangling Motor received 168 million yuan in government support.

  On December 19th, Jiangling Motor announced that the company received a total of 168.293 million yuan from Nanchang City, Nanchang Xiaolan Economic Development Zone and Shanxi Transformation Comprehensive Reform demonstration Zone. The above government support funds are related to income and will be included in the company's profits and losses in 2019. In Beijing, where Jiangling Motor received government support, Jiangling Motor's profits fell short of expectations due to the sluggish automobile market and other reasons. According to the third quarter financial report, Jiangling Motor realized operating income of 6.686 billion yuan in the third quarter of this year, an increase of 13.28% over the same period last year.

  Ford Jiangling 2019-12-19
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  "Modern + Ford"? The new Jiangling Land Wind SUV spy photo has been exposed.

  As Jiangxi's largest car company, Jiangling, its Lufengzi brand has a mixed reputation in China. It has become a popular car company in the domestic car market for imitating the appearance of Land Rover Aurora X7, which has won the attention of many consumers. and imitation also makes Lufeng fall into the crisis of declining sales. A few days ago, a group of suspected espionage photos of Lu Feng's new SUV were exposed online, code-named E315. From the photo, we can see Lu Feng's previous design style again, this SUV not only combines the design elements of Land Rover, but also adds modern and Ford design style. This new SUV will position the compact SUV, which is expected this year.

  Ford exposure new model Lufeng 2019-02-19
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  With a government subsidy of 470 million yuan, Jiangling Motor's profit increased by 61% in 2019.

  On March 25, Jiangling released its 2019 performance report, which showed that Jiangling achieved revenue of 29.174 billion yuan in 2019, up 3.27 percent from 28.249 billion yuan in 2018, and net profit belonging to listed companies of 148 million yuan, up 60.96 percent from 92 million yuan in 2018. Basic earnings per share were 0.17 yuan, compared with 0.11 yuan in the same period last year. According to the sales data released by Jiangling Motor on January 4, the cumulative sales in 2019 was 290058, up 1.75% from 285066 in the same period.

  Jiangling Motor Ford Motor 2020-03-26
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  Ford sold 121060 vehicles in China in the third quarter, and the three major brands declined to varying degrees.

  On Oct. 11, Ford China officially released the latest sales figures for the third quarter of 2019, which showed that Ford delivered a total of 121060 new cars in the Chinese market in the third quarter of this year, up from the second quarter of last year and down 30.3% from the same period last year. In terms of brands, the sales of Ford, Jiangling and Lincoln in the Chinese market declined in the third quarter compared with the same period last year. Specifically, the Ford brand sold 28119 vehicles in September, up 5% from a month earlier, while cumulative sales in the third quarter were 77443, down 37.7% from a year earlier. It is worth noting that Ford is leading the world in Ford products.

  Ford China sales in the third quarter 2019-10-12
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  Jiangling Motor's first-half net profit dropped sharply compared with the same period last year, hoping to transform and redeem the situation.

  According to relevant data, Jiangling accumulated sales of 136600 vehicles in the first half of 2019, down 7.27% from the same period last year, including Yusheng brand SUV and JMC pickup trucks down 85.09% and 21.43% respectively. Even under such circumstances, Jiangling has no intention of lowering its sales target. According to the company, Jiangling Ford and other model upgrades will be put on the market this year, and the Ford brand SUV will be a turning point for the company's profits in the future. Jiangling has become accustomed to flagging performance. From 2016 to 2017, the company's net profit and deducted non-net profit declined.

  Car Jiangling 2019-07-15
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  The report of Ford Motor in response to "canceling the integration plan in China" is not true! But what's the truth?

  According to relevant media reports, Chen Anning, CEO of Ford Motor, revealed in an interview that the company has cancelled its plan to establish a unified national sales company in China. The plan has exacerbated distrust of the company by Ford's joint venture partners in China and led to a sharp drop in sales in the world's largest car market. In June last year, Ford announced that in order to improve channel efficiency, it had decided to unify the three sales networks of Ford China, Changan Ford and Jiangling Ford, so that consumers could buy all Ford products at any of Ford's 4S stores. This practice is also considered meaningful and can increase its losses.

  Ford 2019-09-05
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  Renault and Jiangling set up the fourth joint venture, can Renault rely on new energy to make a comeback?

  Renault Group officially announced on July 17th that it established Jiangling Group New Energy Automobile Company with Jiangling Motor by increasing capital by 1 billion yuan, and owns 50% of the company. At present, the new company has completed industrial and commercial registration. People in the industry said that Renault is currently in a difficult situation in China under the pressure of the failure of fuel vehicles and double points, but the joint venture with Jiangling will ease Renault's position in the Chinese market. promote the strategic layout of both sides in China's new energy market. Jiangling New Energy, a subsidiary of Jiangling Group established in 2015, is the third car approved by the Ministry of Industry and Information Technology with pure electric passenger car production qualification.

  Renault establishment joint venture company Jiangling company 2019-07-18
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  Aichi Motor received a financing of 1 billion yuan to solve the problem of the new car's announcement and acquisition of Jiangling.

  Following the financing of 10 billion yuan from Xilai Automobile, another new car-building force, Aichi Automobile Co., Ltd., also received an investment of 1 billion yuan from the Mingchi Fund this month. On May 9, Jiangxi Province Development and upgrading guidance Fund completed its contribution to Shangrao Mingchi New Energy Innovation Investment Center (Mingchi Fund). The amount of funds guided this time is about 1 billion yuan, including 300 million yuan from the provincial guidance fund. it is specially invested in the construction of the Shangrao workshop and production line of Aichi's production capacity of 300000 new energy electric vehicles, as well as the research and development of new models and the layout and construction of nationwide electric vehicle sales experience stores. It is understood that the Mingchi fund is receiving.

  Cars launches financing new cars acquisitions Jiangling 2019-05-29
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  Starting from 158800 yuan, Ford Leader starts pre-sale.

  be listed

  be listed 2022-02-14
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  Employees' wages are reduced by 30%, and Jiangling Holdings stops work and production from now on.

  After this epidemic, a number of car companies may be eliminated. People in the industry believe that the epidemic has accelerated the pace of bottoming out in the automobile industry, accelerated the elimination of backward car companies, and shortened the time for the adjustment of the automobile industry cycle. At the same time, the epidemic situation has also accelerated the transformation, upgrading, merger and reorganization of automobile enterprises. With the continuing impact of the epidemic and great pressure on the market, many large car companies have fallen into a storm of "wage cuts", while some difficult car companies may face long-term suspension of production, and senior employees have to face the pressure of work and life. According to an internal document, Jiangling Holdings Co., Ltd. has stopped work and production from now on, and the income of all employees has been reduced across the board. Day.

  Lufeng Automobile Jiangling Holdings Automotive Industry 2020-03-14
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  Ford's 2020 sales finally stopped falling, and the new domestic car will go on sale in February.

  According to the China Automobile Association, the market share of American passenger cars was 9.6% in 2020, up 0.7% from 8.9% in 2019. The improvement of American market share is not only related to Tesla's strong market performance, but also related to Ford. According to data released by Ford, Ford Motor (including Ford, Lincoln and Jiangling) sold 602600 vehicles in China in 2020, an increase of 6.1% over the same period last year, the first time the company has achieved sales growth since 2017. Ford China consists of Changan Ford, Ford imported cars, Jiangling Motor, Lincoln Brand and other businesses.

  Ford 2021-01-14
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  There are 12 "dual-qualified" car manufacturing enterprises, some with annual sales of more than 100,000 yuan, and some on the verge of bankruptcy.

  For many car manufacturing enterprises, qualification is like a pass, holding double qualifications of car companies, but also let opponents envy. As of June this year, a total of 12 car companies have obtained "double qualifications", including "veterans" with background such as BAIC New Energy, Chery New Energy, and Jiangling New Energy. There are also car-building "recruits" such as Changjiang Automobile, Yundu New Energy, United Automobile, Future Automobile, Zhi Dou, National Energy New Energy, Jinkang New Energy, Guojin Automobile, and Sida Electric. Despite their dual qualifications, these car companies have a very different road to building cars, some selling more than 100,000 cars a year, and some new cars going bankrupt before mass production.

  Build a car 2019-08-12
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  The net profit is quadrupled in advance! BYD made a profit of more than 16 billion yuan

  On January 30, BYD Co., Ltd. (hereinafter referred to as "BYD") announced its 2022 performance forecast. According to the announcement, the company's annual net profit is expected to be 16 billion to 17 billion yuan, an increase of 425.42% to 458.26% over the same period last year, and it is expected to deduct 15.1 billion to 1% non-net profit.

  Car Biya sales brand loss company growth performance market new energy Huawei battery impact business power 2023-01-31
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  Listed car companies reported third-quarter results, only one company achieved net profit growth.

  Recently, domestic car companies have released third-quarter results one after another, from the results released by 12 listed car companies, the profit performance is not optimistic. Of the 12 listed car companies, six saw a decline in profits in the third quarter, five reported a net profit loss, and only one achieved net profit growth. However, in the first three quarters, the performance of listed car companies is still relatively optimistic, except for BYD, Changan Automobile, well-off shares, Zhongtai decline, the rest have achieved growth. In the third quarter, the sales volume of major car companies did not increase significantly, or even declined, mainly because of the lack of chip supply.

  SAIC Group 2021-11-07
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  Ford: sales in China fell by 26% in 2019, and many new cars are made in China this year.

  Ford Motor Company released sales figures for the Chinese market, which fell 26.1% year-on-year to 567854 vehicles in 2019. Of these, Ford sold 146473 vehicles in China in the fourth quarter of 2019, down 14.7 per cent from a year earlier. There is no doubt that Ford's performance in the Chinese market is once again at a low ebb, with sales falling for three consecutive years since 2017. According to data, Ford's total sales in China reached 1.27 million in 2016, the highest since entering China. Ford missed the opportunity for sustained growth and fell for three years due to problems such as slow product updates.

  Ford Ruiji 2020-01-13
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  At a glance of the financial results of 11 listed car companies in 2019, the net profit of marginal car companies soared.

  With the recent disclosure of 2019 financial results by various car companies, due to the impact of two consecutive years of decline in the car market, 2019 still shows a situation of falling more than rising less, and the net profits of most car companies have declined to varying degrees.

  Automobile enterprise 2020-04-01
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  Jiangling Motor sold its wholly-owned subsidiary and Volvo took over.

  On May 8th, Jiangling announced that it plans to sell 100% of its wholly-owned subsidiary Jiangling heavy truck Co., Ltd. (hereinafter referred to as "Jiangling heavy truck") at a price of no less than 764 million yuan through the public listing of the Shanxi property Rights Exchange Market Co., Ltd. After the completion of the transaction, Jiangling will no longer hold a stake in Jiangling heavy truck. Three months later, Jiangling heavy truck ushered in the "catcher". On August 24th, Jiangling issued an announcement that by the expiration of the listing announcement, the sale of the transaction shares had been solicited from an intended transferee, namely Volvo Lastvagnar Aktiebolag....

  Jiangling Motors 2021-08-25
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  Jiangling Motor plans to establish Jiangling Ford passenger car Company with Ford Motor

  On September 26, Jiangling Motor Co., Ltd. issued an announcement to jointly fund the establishment of Jiangling Ford Joint Venture with Ford Motor Company. The registered capital is 200 million yuan, of which Jiangling Motor contributes 102 million yuan and holds 51 per cent of the shares, while Ford contributes 98 million yuan and holds 49 per cent of the shares. From the proportion of equity distribution, Jiangling Motor has more initiative, while Ford should provide more relevant technology. According to the announcement, Jiangling Ford Joint Venture will mainly provide distribution services for Ford-branded vehicles produced by Jiangling Motor, which can also be sold through dealers or terminal customers.

  Jiangling Motors 2021-09-28
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  In August, the major car companies KuaiBao, Haima sold 1560 cars a month.

  Gold, silver and silver are coming, and August is the warm-up for the peak season of car sales. Although August has just passed, many car companies can't wait to release their August sales, but they are both happy and worried. According to the auto production and sales data officially released by the Federation of passengers in August, retail sales in the national narrow passenger car market in August 2019 were 1.564 million, down 9.9% from the same period last year, with a month-on-month increase of 5.4%. Cumulative sales from January to August reached 13.001 million, down 8.9% from a year earlier. It can be seen that not only a single month but also a cumulative this year, the entire car market tends to decline. According to GAC GROUP's data.

  Cars seahorses carts 2019-09-10