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  French government: to consolidate the alliance plan between Renault and Nissan, will reduce its stake in Renault

  According to foreign media reports, French Finance Minister Luno Lemerre said that in order to promote the alliance between Renault and Nissan, it would reduce its 15 per cent stake in Renault. In the face of foreign media interviews, French Finance Minister Luno Lemerre said: "We can reduce the government's stake in Renault." As long as we have a stronger auto industry at the end of the process and a stronger alliance between the two major carmakers Nissan and Renault, this will not be a problem. " France, as Renault's largest shareholder, owns 15% of Renault.

  Renault Nissan the government 2019-06-09
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  Fiat Chrysler (FCA) has withdrawn its merger of Renault following intervention by the French government

  Fiat Chrysler (FCA) withdrew its proposed merger with Renault on Wednesday, according to people familiar with the matter. Renault's board failed to make a decision on the acquisition due to opposition from Nissan. Fiat Chrysler confirmed the news and said in a statement: "FCA remains convinced that there are compelling and transformative reasons for this proposal. However, France clearly does not have the political conditions for such a successful combination at the moment." Renault's board had planned to meet later on Wednesday to consider the proposal. But during the meeting, two Nissan representatives opposed the merger of Renault and FCA, while the rest of the board.

  Renault Nissan FCA merger 2019-06-06
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  FCA and Renault may restart merger negotiations, based on the original basis but not involving Nissan

  Mike Manley, chief executive of Fiat Chrysler, met with Renault executives in Paris on Friday to discuss a possible resumption of merger talks. The agreement is based on the original plan, but no longer involves Nissan, the report said. FCA and Renault executives agreed to launch a new round of merger talks, but the problem is Renault's partnership with Nissan. Renault is said to be willing to significantly reduce its stake in Nissan in exchange for Nissan's support. FCA said that the previous decision to withdraw the merger offer was carefully considered, mainly because the French government did not support it. The explanation given by FCA is not very convincing.

  Renault FCA negotiation merger 2019-06-16
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  The upcoming announcement of the Trump administration car tax is expected to have a great impact on the US car market this year.

  Auto Industry concern (autochat.com.cn) Feb. 10-- A week before the Trump administration announces a car tax, the Commerce Department will submit a report on its investigation into imported cars and related parts to President Trump on the 17th of this month. In the face of Trump's adjustment to the car tax, countries represented by the German government and the Japanese government have made concessions to the US government, hoping that their own countries can avoid the risk of car tax adjustment and ensure the profits of their own automakers. The European Union, on the other hand, is contrary to countries such as Germany and Japan, saying that if the US government takes relevant measures.

  Automobile 2019-02-10
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  With the government promoting the recovery of the automobile industry, the Ministry of Industry and Information Technology statistics that 80% of domestic vehicles have returned to work.

  Since the end of January this year, China has been affected by COVID-19 's epidemic, and the entire automobile industry has almost been "shut down" for dozens of days, causing innumerable losses to the domestic car market and the domestic manufacturing industry. In order to achieve orderly resumption of work and production, with the promotion of the government, the resumption rate of the main production bases of 16 domestic vehicle groups has reached 80%.

  Whole vehicle group 2020-03-04
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  The Italian Deputy Prime Minister publicly criticized the French government for interfering in the merger of FCA and Renault.

  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.

  Audi engine driving 2019-06-08
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  These car companies carve up the central government's 12.6 billion new energy subsidies, while BYD takes more than 1x5.

  Before the announcement of the retrograde policy on new energy subsidies, the website of the Ministry of Industry and Information Technology released the latest issue of the "Public announcement on the preliminary Review of subsidy funds for the Promotion and Application of New Energy vehicles in 2016 and previous years" to liquidate the subsidies for new energy vehicles before 2016. this shows that nearly 100 car companies will share the central subsidy of 12.6 billion, of which BYD takes more than 1/5. Coupled with the subsidies that have been issued before, the amount of subsidies granted by the central government to new energy vehicles has reached nearly 100 billion yuan. The Ministry of Industry and Information Technology has announced a total of six batches of new energy vehicle subsidy list, in this (sixth batch) subsidy publicity, mainly for 2016 and before.

  2019-03-23
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  After many discussions, the German government finally began to limit the speed of the highway.

  Germany has one of the best highways in the world, and this regulation has a long history, because there is no speed limit, so many car enthusiasts want to experience it. A few days ago, the German government plans to abolish the no speed limit on highways, which means that German highways will be restricted from now on, and finally confirmed that the maximum speed of the rule is not allowed to exceed 350Km/h. Reported that after many discussions, the German government will finally usher in a historical moment in the history of German transportation, that is, the government is prepared to abolish the regulation of no speed limit on highways, and there will be a maximum speed limit of 350Km/h on highways in the future. The government issued.

  German Expressway achieves speed limit of 350 km 2019-10-20
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  Chuanwei came to obtain more than 5 billion yuan of financing from the local government, Li Bin: is in contact and negotiation

  After the cooperation with Beijing Yizhuang State Investment Group received 10 billion yuan of investment, Weilai continued to contact local governments to obtain new cooperation and investment. According to media reports, Weilai is negotiating a new round of financing of more than 5 billion yuan, with the Zhejiang Huzhou Municipal Government as the partner. Sources show that Weilai is negotiating a capital cooperation of more than 5 billion yuan with Wuxing District, Huzhou City, Zhejiang Province, corresponding to the fact that a factory with an annual production capacity of 200000 units will be located in Wuxing District. In response to the news, Li Bin, chairman of Xilai, responded that it was indeed in contact with many local governments, but there was not much information to disclose at present. In recent years, Zhejiang Lake.

  Weilai factory Weilai sales 2019-10-15
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  Japan tries to merge Honda and Nissan

  The Japanese government is trying to press ahead with the merger of Nissan and Honda. Foreign media reported that the Japanese government had put forward a plan for a merger between Honda and Nissan and tried to broker negotiations between the two carmakers. The move is a measure considered by the Japanese government because of concerns about the future of the country's auto industry. At the end of 2019, the Japanese government proposed a merger with Honda and Nissan for the first time, fearing that Japanese carmakers would lose their edge in the transition to electric and self-driving cars, foreign media quoted several people familiar with the matter as saying. The rapid rise of electric vehicle technology and self-driving technology, the global automakers are facing the pressure of transformation, while many.

  Honda car manufacturing 2020-08-17
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  Relying on government subsidies, Jianghuai Motor turned losses into profits in 2019.

  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.

  Jianghuai Automobile 2020-03-20
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  After quitting car manufacturing, vacuum cleaner giant Dyson returned the financial allocation to the government

  Foreign media reported that after the British vacuum cleaner brand Dyson announced the termination of its electric car manufacturing program, a financial allocation of 7.8 million pounds had been returned to the British government, which had originally provided Dyson with the development and manufacture of electric car products. After three years of research and development at a cost of 20 billion yuan, Dyson earlier announced the cancellation of the electric vehicle project on the grounds that it was "not commercially feasible."

  Dyson returns financial subsidy 2020-01-29
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  Due to the epidemic and government regulations, BMW and other car companies have announced that their factories will stop production.

  BMW Group brilliance's Dadong and Tiexi plants in Shenyang, China, will extend their holidays until February 9, depending on factors such as the development of the epidemic and government regulations.

  Brilliance BMW extends holiday 2020-02-01
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  Live on government subsidies? JAC's net profit soared by 154.3% in the first three quarters.

  Jianghuai Automobile officially released its third quarter results report in 2019. The report shows that in the first three quarters of this year, JAC Motor achieved operating income of 37.19 billion yuan, an increase of 2.4% over the 36.33 billion yuan in the same period last year. The net profit of shareholders belonging to listed companies was 120 million yuan, an increase of 154.3% over the 49 million yuan in the same period last year. JAC Motors previously said in a forecast that the sharp increase in net profit in the first three quarters was mainly due to the company's initiative to adjust its product structure and strictly strengthen cost control, so as to improve the profitability of its main business. Although profits have skyrocketed, sales have shown.

  Jianghuai Automobile's results for the first three quarters 2019-10-31
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  Wuling Motors surprised the US government assets auction network, with a starting price of $500.

  When it comes to Wuling, we all know that this is a domestic brand with an important position in China, which is famous for its models mainly in the low-end market, and is known as "magic car". A few days ago, the auction information of two domestic Wuling cars was found on the US government and military assets auction website.

  Wuling 2020-09-23
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  Beijing Mercedes-Benz asked the government to approve early resumption of production due to huge losses caused by long-term suspension of production.

  Under the continuous influence of the pneumonia epidemic infected by novel coronavirus, the upstream and downstream of the automobile industry are almost in a state of "paralysis". Auto parts suppliers in many places strictly resume production in accordance with the instructions of the local government, but because the supply of spare parts is slow, it is difficult for the automobile manufacturing industry with the characteristics of long industrial chain to resume work and have to be shut down for a long time. To this end, Beijing Mercedes-Benz, as one of the representatives of domestic luxury car manufacturers, decided to send a letter of request to the local government of Tianjin to approve the normal resumption of work of 19 suppliers of Beijing Mercedes-Benz. Beijing Mercedes-Benz Motor Co., Ltd. said in a document released on February 6.

  Beijing Mercedes Benz 2020-02-11
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  The net profit of Jianghuai Motor increased by 124 million in the first three quarters, and the government subsidized nearly 500 million yuan.

  According to the announcement, JAC Motor expects to achieve a net profit of 124 million yuan from January to September, an increase of 76 million yuan over the same period last year, an increase of 159% over the same period last year. The net profit belonging to shareholders of listed companies after deducting non-economic gains and losses was-80 million yuan, an increase of 746 million yuan over the same period last year. Jianghuai Motors said in the announcement that the main reason for the pre-increase in the first three quarters is that the company takes the initiative to adjust its product structure and strictly strengthen cost control, so as to improve the profitability of its main business.

  Jianghuai Motor's results in the first three quarters 2019-10-18
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  BAIC Yinxiang reorganized, Chongqing Municipal Government signed a restructuring agreement with BAIC Group.

  BAIC Yinxiang Automobile Co., Ltd. announced that on August 30, the Chongqing Municipal Government and BAIC signed an agreement to promote the strategic restructuring of BAIC Yinxiang. BAIC Yinxiang did not disclose the details of the restructuring project. A person familiar with the matter told the media, "the Chongqing Municipal Government and BAIC will immediately repay the arrears of the remaining dealers, with a total amount of about 300 million yuan." From a notice of suspension of production in July last year, BAIC Yinxiang still failed to get out of the predicament and stopped production for more than a year. During this period, BAIC Yinxiang also encountered incidents such as salary demands by employees, door-to-door visits by dealers and suppliers. In mid-August, there was a suspected BAIC Yinxiang stop on the Internet.

  2019-08-31
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  Tesla California factory "forced" to resume production, Musk angrily denounced the local government's ban on resuming work.

  When the application for resuming work at the factory was refused, Tesla took Alameda County, California, to court, asking the court to rule that the county's shutdown order was invalid. On May 11, Tesla CEO Musk said, "Tesla's California factory will resume work from the same day." If anyone is arrested for this, I demand that only me be arrested. " It is understood that the governor of California allowed manufacturing enterprises in the state to resume work and production last week, while Tesla disagreed with Alameda County, where the factory is located, which rejected Tesla's application to restart the plant. Tesla's whole car and most of its parts are in Fremont, California, USA.

  Tesla 2020-05-12
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  In order to deal with the impact of the epidemic on the car market, the Japanese government plans to rescue the market after China.

  China's car market has been greatly affected by the spread of novel coronavirus in January and February, and the Chinese government has planned to launch rescue measures to stimulate the domestic car market. Due to the wide range of the epidemic, the Japanese auto market has also become one of the areas most affected by the epidemic. Following the Chinese market, the Japanese government also began to discuss rescue measures.

  Japan car market 2020-02-22