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  In the first half of the year, many car companies lost money, BBA bikes lost profits, but Toyota still made profits.

  The global region was hit by the COVID-19 epidemic in the first half of this year, and many multinational car companies suffered losses to varying degrees. However, according to the financial reports released by a number of multinational car companies one after another, under the influence of this year's epidemic, some car companies are still making profits. Porsche is still the most profitable car company, with a bicycle profit of nearly 10, 000 euros.

  Automobile enterprise 2020-08-18
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  More than a dozen large car companies lost money, and this one lost 60 billion in half a year.

  Due to the impact of the COVID-19 epidemic, global automakers experienced a dismal first half of the year, resulting in a sharp decline in sales, operating income and profits, and even into a loss-making state of operation. According to incomplete statistics, more than a dozen automakers have reported losses in the first half of 2020, including Volkswagen, Renault, Nissan, General Motors, Volvo, Daimler and so on. Volkswagen Group: loss 11.5 billion July 30 Volkswagen Group announced results for the first half of 2020: sales revenue of Volkswagen Group was 96.1 billion euros, down 23.2% from the same period last year; pre-tax profit loss was 1.4 billion euros (about people.

  Automobile market automobile brand 2020-08-01
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  Volkswagen Group: loss of 11.5 billion yuan in the first half of the year

  Volkswagen lost money in the first half of the year

  Volkswagen lost money in the first half of the year 2020-07-30
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  Five domestic car companies still lost money after a "bumper harvest" in the first half of the year.

  According to the interim performance summary statistics of a number of listed car companies, revenue and profit rose sharply compared with the same period last year, of which SAIC made a net profit of 13.314 billion yuan. Listed car companies were able to hand over gratifying transcripts, the biggest reason is that the impact of last year's epidemic led to a low base, according to the Federation of passengers retail sales data, narrow passenger car sales in the first half of 2021 accumulated 9.943 million units, an increase of 28.9% over the same period last year. According to the statistical summary of the mid-term results in 2021, the revenue and profits of Chinese auto companies generally increased, with SAIC, BYD and Dongfeng holding the top three in a row. SAIC is the largest auto company in China.

  SAIC Group 2021-09-04
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  The distributors of various brands are seriously divided, and there are only 9000 profitable merchants, accounting for less than 30%.

  Under the cold winter of the car market, both automobile companies and car dealers are faced with great challenges, and even the huge group of car dealers in the past is shrouded in the news of closure. According to data released by the China Automobile Circulation Association, in September 2019, the inventory early warning index of car dealers was 58.6%, and the inventory early warning index was already above the warning line. A few days ago, some media released a report on the Operation of Automobile Dealers in China in 2019, which shows that 44% of car dealers across the country lost money in the first half of 2019, while profitable dealers accounted for only 29%, with a total of less than 9000.

  Dealers are seriously divided. 2019-10-06
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  50% of the dealers lost money in the first half of the year, and the joint venture brand was the worst.

  On August 16, the China Automobile Circulation Association released the investigation report on the living conditions of National Automobile Dealers in the first half of 2023, and the difficulties and pressures of the automobile back-end market were once again put on the surface. According to the report, the external environment of the automobile market is numerous and complicated, the recovery of automobile consumer demand is slow, and the terminal transaction price continues.

  Cars dealers brands markets new energy goals associations manufacturers consumption losses pressure sales luxury integrity satisfaction 2023-08-17
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  More than 1,000 car dealers were cancelled in less than half a year, and many crises accelerated the elimination of the market.

  In the environment of the rapid growth of China's automobile industry in the past decade, as long as it is accurately invested in the best-selling joint venture brands, it can basically have a good profit, even the more ordinary domestic brands will not lose money. However, as China's automobile market has shifted from the incremental era to the stock era, it seems that whether the dealers can make a profit can only rely on luck.

  4S store 2020-05-24
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  Li Bin lost 580 million yuan in the second quarter: it will be cheaper than Tesla.

  On August 12, Xilai announced its latest quarterly results and held a telephone communication meeting. According to official data, revenue from Weilai reached 8.448 billion yuan in the second quarter, an increase of 127.2% over the same period last year and 5.8% from the previous quarter. The net loss was 587 million yuan, down 50.1% from the same period last year and an increase of 30.2% from the previous month. According to the financial report, the gross profit margin of Weilai vehicles was 20.3% in the second quarter of 2021, compared with 9.7% in the second quarter of 2020 and 21.2% in the first quarter of 2021. Xilai explained that compared with the second quarter of 2020, the increase in vehicle gross profit margin is mainly due to vehicles.

  Weilai 2021-08-12
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  Li Bin: don't build a car without "40 billion"

  Recently, Li Bin of Xilai Automobile said in an interview with the media: "car building requires a reserve capital threshold. I said 20 billion a few years ago, but now it may not be possible to do it without 40 billion." "I think the threshold of the automobile industry is much higher than we thought, and today may be different from that of a few years ago," Li Bin said. At this point in time today, I think the threshold for investment in research and development, service system and infrastructure has actually become higher. " In Li Bin's view, the high investment in the automobile industry is not only in terms of fixed assets, but also in R & D and service system. For the saying that it takes 40 billion to build a car today, Li Bin.

  Wei Lai Xiaomi 2021-12-25
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  Financial report of 2023H1 car companies: Weilai lost the most

  Recently, domestic automobile companies have released H1 financial results for 2023 one after another. among the annual reports of 20 A / H-share listed companies counted by Automotive Industry concern, BYD became the most profitable car company in the first half of the year, with a net profit of 10.954 billion yuan. Xiaopeng Automobile and Lifan Technology have seen a decline in revenue and profits, especially

  Car growth gross profit group gross margin sales brand Xiaopeng net profit net profit Biya company competition loss enterprise 2023-09-16
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  Financial report of car companies: BYD has become the most profitable car company

  Recently, domestic automobile companies have released their financial results for 2022 one after another. Among the annual reports of 20 A / H-share listed companies counted by "Automotive Industry concern", including SAIC, Jianghuai Automobile, Dongfeng Automobile, brilliance China and Zhongtai Automobile, both revenue and profit have fallen, especially SAIC.

  Automobile Group SAIC Group loss sales growth Company net profit net profit Biya Market Industry Great Wall Dongfeng Enterprise 2023-05-02
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  Sales profits are "getting thinner"! Jianghuai, a car company lost on the edge of the auto market

  In the depressed environment of the car market, it is difficult for both independent brands and joint venture brands, especially for lesser-known brands to gain a foothold in the auto market. Jianghuai Automobile, a car company with a history of more than 55 years, the current development has also suffered a lot of setbacks, and there are no longer a few disputes on the body. In May 1964, the predecessor of Hefei Jianghuai Automobile Factory (Chaohu parts Factory) was established. Up to now, Jianghuai Automobile has been an integrated automobile manufacturer integrating the R & D, manufacture, sales and service of commercial vehicles, passenger vehicles and powertrain.

  Jianghuai Automobile 2019-11-21
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  Send a long message to say goodbye! Deiss officially dismissed the class.

  On Aug. 31, the last day Herbert Diess worked at Volkswagen, he posted a long farewell message on the social platform, saying that his seven years at Volkswagen had been the most valuable of his career. Today, Herbert D.

  Volkswagen Group Deiss Volkswagen Group Supervisors Board of Supervisors cars sales Brands Software Global crisis Euro Herb Herbert 2022-09-01
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  There is something wrong with the 4S store in the south of China Auto, which is owned by Zhengtong Automobile, and dozens of people can't pick up the car.

  Recently, a number of 4S stores have problems one after another, but consumers have been unable to pick up the car for a long time. Through inquiry, it is found that some 4S stores belong to Zhengtong Automobile Group, and the cause of the incident is the financial problems of the group. Recently, a luxury car 4S store in Guangzhou has also been exposed, dozens of people are still unable to carry cars. Ms. Li, a citizen, reflected to the media that she paid full money to buy a car at a CNAC South Jaguar Land Rover 4S store in Guangzhou, which has been unable to mention the car for more than 2 months. And dozens of people have also suffered. Ms. Li said she bought the car on July 2, the earliest of the 36 owners in April, and has not mentioned the car so far.

  Straight-through car 2020-09-27
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  The debt is insolvent! The subsidiary company lost 5 billion in three years and became a "drag" of the group.

  In recent years, with the reshuffle of the domestic car market, many joint venture car companies have been marginalized. It is precisely for this reason that the company has become a "drag" on the group, leading to a decline in group profits. For example, before SAIC-Volkswagen claimed that Skoda was a drag on the company's performance, GAC GROUP's latest financial report showed that Guangzhou Auto Fick has also become the biggest lossmaking brand under the group.

  Group 2021-04-04
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  Jianghuai car sales are declining, and Volkswagen is powerless to recover.

  According to KuaiBao, a sales report released by JAC, JAC sold 32700 vehicles in October, down 2.44% from a year earlier. The cumulative sales from January to October were 353500, down 10.52% from a year earlier. In terms of specific models, sales of the SUV model in October were 6718, up 22.46% from a year earlier. Cumulative sales from January to October were 77615, down 1.15 per cent from a year earlier, down 10.96 per cent from a year earlier to 3704 in October. Cumulative sales from January to October were 32297, down 35.36% from a year earlier; car models were sold in October.

  Jianghuai Automobile 2019-11-11
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  2022! Tesla plummeted

  Tesla has cut prices sharply, but its share price has fallen even more. Since 2022, Tesla's market capitalization has lost about $675 billion (about 4.7 trillion yuan). The decline for the whole year is twice that of the NASDAQ, the worst-performing technology stock in the United States in 2022, and its decline is also much higher than that of other automobile systems.

  Tex Tesla Automobile Stock Price Mars Musk Market capitalization decline Company Global Factory growth reason domestic Stock Market 2023-01-08
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  List of the bottom 40 automakers, many have stopped production with zero sales.

  After two consecutive years of decline, China's automobile market suffered an epidemic attack in 2020, which made the originally difficult car manufacturers face the risk of shutting down and closing down. In the environment of stock competition, the survival of automobile enterprises has once again attracted attention. It can be expected that the car companies with the lowest sales are already under tremendous market pressure, leaving them little time, and may also be included in the list of the first batch of car companies to collapse in the future. At the end of the first half of 2020, the sales ranking of domestic car companies has also been officially confirmed. Statistics show that 87% of car companies experienced a decline in sales in the first half of the year, only a few achieved counterattack and achieved sales growth, and the industry environment changed.

  Car companies car sales 2020-07-14
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  French luxury car brand DS has poor sales in China, making it difficult to stay in the Chinese market.

  When it comes to luxury brands, consumers first think of BMW, Cadillac, Lexus, Mercedes-Benz and other brands. however, DS, as a French luxury brand, is rarely mentioned by consumers. With the miscalculation of French cars in the domestic market, the performance in the market still does not improve in 2019. According to sales figures, the DS sold 3867 vehicles in 2018, compared with 1712 for DS in the first half of this year. Since entering the Chinese market, DS sales have declined year after year, and do not seem to fit in with the Chinese market, with sales reaching 27000 vehicles in 2016.

  Sales volume brand 2019-08-08
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  Volkswagen CEO: add program is a transitional technology, we don't like it.

  Feng Sihan (Stephan Wollenstein), CEO of Volkswagen China, reiterated on the 15th: "from the perspective of customer value, the add-on hybrid is a transitional technology, and Volkswagen will not pursue this," the Financial Associated Press reported. It should be noted that Feng Sihan used "Guo"

  Technology programming electric automobile electric vehicle ideal drive Volkswagen backwardness Great Wall solution or mileage development power generation 2022-07-16