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Many people may first think of the engine when they hear Weichai. After all, they can often see its advertisements on TV at that time, but in the field of passenger cars, Weichai cars may be unheard of, and their popularity may not even compare with Lifan, Zhongtai and other cars. The reason is that Weichai is mainly commercial vehicles, while it is almost a rookie in passenger cars. However, Weichai car is not without the experience of discount passenger cars. Yingzhi Automobile is the first passenger car brand of Weichai. Yingzhi Automobile is a brand established by Weichai after the acquisition of Chongqing Jiachuan, but it has rarely heard of the brand in 2016, even with the emergence of "employee wage demands" and "production."
According to the China Automobile Association, China's cumulative car production and sales from January to June 2020 were 10.112 million and 10.257 million, down 16.8 per cent and 16.9 per cent respectively from a year earlier. According to the market share of various factions announced by the association, the market share of self-branded passenger cars still ranks first, but the share has dropped to 36.3%. Facts have proved that due to the continuous decline of China's car market, the superposition of the impact of the COVID-19 epidemic, and the acceleration of the layout of foreign car companies in China, many car companies showed weakness in the first half of this year. The total sales of Chinese brand passenger cars in the first half of this year was 2.854 million, down 29.0 from the same period last year.
Recently, Tan Xu, CEO of Weichai Power, said at the annual results conference of Weichai Power 2021: self-driving is bluffing. Don't listen to them. L1 is all right, L2 is just so-so, and L3 is impossible. In addition, for the new energy vehicle industry, it said: the new energy industry is relatively lively in recent years, and then everyone competes disorderly, and the whole vehicle of new energy, especially the passenger car, will have a catastrophic overcapacity. At the same time, Tan Xuguang also said: the arrival of new energy has brought the driving force of scientific and technological progress to traditional energy, reducing fuel consumption and improving efficiency is the realization of traditional fossil energy.
On July 27, Fortune China released the latest Fortune China 500 list, which takes into account the performance and achievements of the world's largest Chinese listed companies over the past year. A total of 23 companies were on the list in the automotive and parts industry, an increase of one compared with last year. Of the 23 carmakers and parts suppliers on the list this year, 18 are vehicle manufacturers and five are parts suppliers, two of which are involved in the field of vehicles and parts, according to official data. According to the specific list, the top three enterprises are SAIC, Beijing Automobile and Weichai Power.
Under the influence of multiple factors such as the macroeconomic environment and policy changes in the automobile industry, sales in the domestic automobile market have declined significantly, and the market competition has become increasingly fierce. A few days ago, Huayu Automotive Systems Co., Ltd. (referred to as "Huayu Automobile") released its annual performance report in the first half of 2019. Data show that in the first half of the year, the operating income of Huayu Automobile reached 70.563 billion yuan, down 13.55% from the same period last year; the net profit belonging to shareholders of listed companies was 3.364 billion yuan, down 29.53% from the same period last year; and the net profit belonging to shareholders of listed companies after deducting non-recurring profits and losses was 2.809 billion yuan, down 15.8% from the same period last year.
According to the top 15 Chinese brand passenger car sales list released by the China Automobile Association from January to November 2020, under the influence of the epidemic domestic market environment, the cumulative sales of most Chinese brands declined, and only four achieved year-on-year growth. Judging from the ranking from January to November, a number of autonomous car companies have declined to varying degrees. Sales of brands such as SAIC, BYD and Dongfeng Motor have all declined by more than double digits. Among the top 10 car companies, only Changan and FAW have achieved sales growth, with an increase of more than 20%. SAIC Group's independent plate is mainly composed of Roewe, Mingjue, Wuling, Baojun, Chase MAXUS and other brand groups.
After FAW Group, Sinotruk also opened the era of reform. Tan Xuguang, who has just been chairman of Sinotruk for five months, has recently led the largest cadre and personnel adjustment in Sinotruk's history. It is understood that 64 major leaders of second-level units have been hired through open competition, involving 279 people. Coupled with the previous competitive appointment, at present, the main heads of the 65 secondary departments of Sinotruk have all been in place. Senior executives competed for jobs and laid off more than 20,000 employees, the first large-scale personnel adjustment since Tan Xuguang became chairman of Sinotruk. According to reports, starting from January, China will restart its steam drive.
With the continuous recession of the automobile industry, the loss-making operation of domestic automobile companies has become the norm, and some joint ventures and independent brands have difficulties in survival, which leads to a reshuffle. Chongqing is one of the "China Automobile cities", which gathers many independent and joint venture brands and auto parts supporting industries, but the decline in sales and brand decline has led to a severe setback to the automobile industry. Today, CCTV Finance reported the operation status of Lifan Automobile, one of the representative automobile companies in Chongqing automobile manufacturing industry. The investigation found that Lifan Automobile production base was almost at a standstill, and employees were still in arrears. The financial report shows that Lifan shares lost 2.6 billion in the first three quarters. And Lifan is only Chongqing.
In April, the market share of Chinese brand passenger cars was only 34.6%, down 2.6 percentage points from a year earlier, a six-year low; from January to April, the market share was 38.1%, down 2.5 percentage points from a year earlier, falling below the 40% red line again.
On August 29, the annual Chengdu International Auto Show officially opened. As one of the domestic A-class auto shows, the opening of Chengdu Auto Show undertakes the important activities launched by major car companies in the second half of the year. Both independent car companies and joint venture car companies have brought a lot of blockbuster models, including the new generation of Mercedes-Benz C-Class. The mid-term modification of Audi Q2L, domestic Kia Jiahua, Tank 400 / Tank 500, BYD Dolphin and other models prove to a certain extent the popularity of Chengdu Auto Show and the importance of Chengdu Auto Show for the development of major auto companies in the second half of the year. The organizer of the auto show said that the Chengdu International Auto Show not only boosts the domestic auto market, but also.
After April, Chongqing Changan Automobile Co., Ltd. (hereinafter referred to as Changan Automobile) once again carried out a major personnel adjustment. Zhu Huarong will no longer serve concurrently as president of Changan Automobile and will be replaced by Wang Jun, the current vice president, and the relevant procedures are being carried out.
On the evening of October 9, Changan Automobile Group officially announced that China Changan Automobile Group Co., Ltd. held a general meeting of cadres and workers. The meeting announced the decision of the leading party group of the weapons and equipment Group on the adjustment of the chairman and secretary of the party committee of China Changan Automobile Group Co., Ltd.: comrade Zhao Fei was appointed director of China Changan Automobile Group Co., Ltd.
July / January-July 2022 domestic manufacturer retail sales list data source: FIFA tabulation: automobile industry concern ranking of manufacturers from January to July compared with the same period last year 1 BYD 158957 172.6% FAW Volkswagen 1016787-10.6% FAW Volkswagen 153
On February 13, the China Association of Automobile Manufacturers (hereinafter referred to as "the China Automobile Association") officially released the economic operation of the automobile industry in January 2020. according to the statistics of the key enterprise groups of the China Automobile Association, the production and sales of cars are estimated to have completed 1.783 million and 1.941 million respectively, down 33.5% and 27.0% respectively from the previous month, and 24.6% and 18.0% respectively from the same period last year. Specifically, the production and sales of passenger cars in China are expected to complete 1.444 million and 1.614 million respectively in January this year, down 33.9% and 27.1% respectively from the previous month, and 27.6% and 20.2% respectively from the same period last year.
On December 30, the China Automobile Circulation Association issued the reply letter on the report on the substantial increase in the Price of the Automobile Network drainage platform: I will receive the Hunan Automobile Chamber of Commerce's report on the substantial Price increase of the Automobile Network drainage platform. I will attach great importance to this and immediately put
During the two sessions of the National people's Congress this year, Wang Fengying, deputy to the National people's Congress and president of Great Wall Motor, put forward a proposal on improving the capacity utilization rate of China's automobile industry. Wang Fengying suggested that we should promote the automobile industry to gather in areas with full capacity utilization and sound supporting systems, cultivate a number of world advanced manufacturing clusters, encourage qualified advantageous enterprises to merge and reorganize enterprises with low capacity utilization or special publicity; strictly control the new vehicle capacity, curb blind investment, avoid inefficient repeated construction, and establish an exit mechanism. Data show that Chinese automobile manufacturers sold a total of 21.456 million passenger cars in 2021, compared with the same period last year.
On the evening of August 4, Jinbei Automobile Co., Ltd. issued an announcement of shareholders' share transfer plan. According to the announcement, on August 2, the Shenyang Intermediate people's Court approved the "substantive merger and reorganization plan of 12 enterprises, including brilliance Automobile Group holding Co., Ltd." and Shenyang Automobile Co., Ltd. will become an indirect part of the company.
A few days ago, the Foreign Trade Department of the Ministry of Commerce issued the "High quality Development report on China's Automobile Trade", which affirmed China's important position in the global automobile market, and recognized the current situation and achievements of the high-quality development of China's automobile trade. It also recognizes the gap and provides guidance for the development of Chinese brands in overseas markets. The Foreign Trade Department of the Ministry of Commerce said that the international status of a country's automobile industry can basically represent the overall international status of the country's manufacturing industry. the automobile manufacturing industry is also an important indicator of a country's industrialization, economic strength and scientific and technological innovation capability. At the same time, the automobile industry is also the most globalized industry.
On June 5, Chongqing Changan Automobile Co., Ltd. (hereinafter referred to as Changan Automobile) issued a notice on the change of the company's directors. Zhang Baolin, former deputy general manager of China Arms and equipment Group and chairman of Changan Automobile, will no longer hold the position of director and chairman of the company due to job changes, and does not hold shares in the company, the announcement said. It is reported that Zhang Baolin left his job because he will be promoted to be an independent director of the State-owned assets Supervision and Administration Commission in the central enterprise. As for Zhang Baolin's successor, it is reported that China Arms equipment Group intends to recommend Zhu Huarong, party committee secretary and president of Changan Automobile, for the post, but none of the above news has been officially positive.
After a substantial expansion of the automobile dealer group, as the market enters the stock competition stage, some dealers will also enter the survival status of operating losses, shutting down or selling their business. From the huge group selling stores to surviving, to Zhengtong Motors being forced to sell its stake because hundreds of millions of dollars in loans are difficult to repay, dealer groups have also begun to split into two levels. Now, another dealer group has had an accident. Rundong Motor, which ranked more than 20 in China in terms of revenue in the past, not only sold its stores substantially, but also was filed for bankruptcy reorganization by creditors because of overdue debt repayment. On August 25, Rundong Motor announced that a creditor had been in August 2020.
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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