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  SAIC suddenly stopped buying Shenzhou rental cars, and Chen Hong responded that "acquisitions should not be just acquisitions."

  China car rental receiver has skipped tickets many times, why is China car rental not favored? SAIC "Xiehu" BAIC announced on July 2 that SAIC Hong Kong, a wholly owned subsidiary, would buy no more than 613 million shares of Shenzhou Rental car for a total price of no more than HK $1.902 billion at HK $3.10 per share. Once the acquisition is completed, Shenzhou excellent car will no longer hold a stake in China car rental, and SAIC will hold a 28.92% stake in China car rental to become the largest shareholder. However, half a month later, the matter was reversed. On July 20, SAIC announced that it would affect the above-mentioned transactions during the negotiation of the follow-up equity transfer agreement.

  Shenzhou car Rental SAIC 2020-07-20
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  Apple has confirmed the acquisition of self-driving company Drive.ai

  According to foreign media reports, Apple confirmed on the 25th that it had acquired hundreds of self-driving car companies, Drive. Ai, still has not disclosed the purchase price. Apple's acquisition of Drive.ai, which has hired dozens of Drive.ai engineers, most of them in engineering and product design, is aimed at the company's self-driving talent, according to people familiar with the matter. And Apple also acquired some self-driving cars and other assets of Drive.ai through the acquisition. The deal will support the tech giant.

  Driving Apple autopilot acquisitions companies 2019-06-26
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  Daily limit for two days in a row! Jianghuai issued two consecutive announcements denying the "Volkswagen acquisition".

  Recently, Reuters quoted sources as saying that Volkswagen was considering buying a large stake in JAC Motor, its electric car joint venture partner in China, and had hired Goldman Sachs as an adviser. On the matter, Volkswagen said, "We are closely watching the impact of this on our business and joint venture partners." To this end, we will explore all possible options with all parties to ensure long-term success in China. " Volkswagen did not deny the acquisition of Jianghuai shares in its response, but yesterday JAC issued a clarification notice, saying that on the basis of the joint venture and cooperation of new energy passenger vehicles, the two sides have been discussing how to further deepen cooperation.

  Volkswagen T-Cross listed 2019-04-11
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  Jaguar Land Rover China: great Wall's acquisition of Tata is just outside speculation and unfounded

  Yesterday, Great Wall executives reported that they were in talks with Tata to acquire Jaguar Land Rover. However, Jaguar Land Rover yesterday introduced the interface car interview, said that the news is only media speculation, there is no such thing. It is understood that in the third quarter of 2019 (October-December 2018), Jaguar Land Rover lost $4.06 billion on revenue of $8.06 billion, making Tata Motors the biggest loss in Indian corporate history. In the face of losses and for future projects not to stagnate, Jaguar Land Rover announced plans to raise $1 billion. The popularity of the acquisition is also related to the sale of Jaguar Land Rover in 2018.

  The Great Wall Jaguar Land Rover 2019-02-14
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  Miserable! Terminate the acquisition of Weimar

  Apollo Smart Travel Group Co., Ltd. (hereinafter referred to as "APollo Travel") issued a notice on September 8, saying that the parties concerned had agreed to terminate the acquisition agreement, taking into account other business factors such as volatile global market conditions and geopolitical conflicts, continued uncertainty in financial markets and short-term economic recovery after the epidemic.

  Weimar cars companies travel Hong Kong dollars announcements crises employees limitations events suppliers factories limited companies equity stores 2023-09-09
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  With acquisitions and layoffs, Ford gambled on new energy and self-driving technology

  On July 31st, Ford announced that its subsidiary would acquire Journey, a transportation system software provider, to accelerate the development of self-driving technology and promote self-driving car services. The acquired Journey will merge with TransLoc, a software provider that provides supply and demand and fixed routing systems for public and private transport operations, which was acquired by Ford in 2018. The acquisition of Journey comes a day after Ford announced the acquisition of Quantum Signal, a US military service provider, to build features that point to security and.

  Layoffs driving Ford new energy autopilot acquisitions 2019-08-01
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  Geely denies the acquisition of Volkswagen's "abandoned" Bentley, Yang Xueliang: no.

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  Geely Bentley. 2019-11-27
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  The biggest acquisition in BYD's history!

  On the evening of September 26th, BYD announced that its holding subsidiary BYD Electronics and Jabil Inc. Jabil Circuit (Singapore) Pte. Ltd. (Jepp Singapore) signed the Equity acquisition Agreement (following

  Biya Electronics Business products companies Markets cars targets Jepp Singapore Europe sales production Enterprises announcements 2023-09-27
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  Abandon the acquisition? Great Wall Motor won't take over Nissan's Spanish factory.

  On December 14, several media reported that Great Wall would abandon its acquisition of the Nissan plant in Barcelona, Spain, which is scheduled to close by the end of the year. So far, Great Wall has not made any response. Great Wall is the main competitor to buy the plant, which is scheduled to close by the end of the year. If Great Wall abandons the acquisition of Nissan's Spanish plant, about 1600 workers are expected to be out of work. It is undoubtedly a big blow to the Spanish authorities. It is understood that the Barcelona factory in Spain is one of Nissan's main factories in Europe, employing a total of 2400 employees, plus related facilities.

  Great Wall Motor 2021-12-14
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  Li Shufu has another car company listed in the United States!

  On January 31st, Lutes Technology announced that it had reached a final merger agreement with special purpose acquisition company L Catterton Asia Acquisition Corp (hereinafter referred to as LCAA), which is expected to complete the merger in the second half of 2023. According to the merger and acquisition agreement

  Tex Geely Brand Proton Automotive Intelligence Technology models Luter Market West Asia Malay Malaysia Holdings Code 2023-02-02
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  Volkswagen or buy Boxun Motors? Boxun Automobile responded that it had no acquisition talks with Volkswagen Group.

  Recently, some media said that through exclusive consultation, Volkswagen may buy Boxun cars, and wrote: Boxun auto executives said that Volkswagen recently inspected Bergshire cars. "We are the only new car company that Volkswagen has examined in depth," the executive said. Volkswagen may buy us. If all goes well, there may be good news in the second half of the year. " "I've never heard of it, it's not true," a senior official of Boxun Automobile responded. At the same time, some insiders close to the company said that they had just seen the news and "do not know the source of the news". For Volkswagen or the acquisition of Bergshire Motors.

  Car Volkswagen response acquisition 2019-09-04
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  SAIC "intercepts Hu" BAIC acquires Shenzhou Rental car and may become the largest shareholder.

  On the evening of July 2, SAIC announced that its wholly-owned subsidiaries SAIC Hong Kong and Shenzhou Youche and Amber Gem, a subsidiary of Warbug Pincus Fund, signed an "acquisition offer" to acquire no more than 613 million shares held by each of them in cash at a total price of no more than HK $1.902 billion. At the same time, China car Rental issued a notice saying that the main shareholder, China excellent Automobile, has signed an offer with SAIC Hong Kong, which intends to purchase no more than 443 million shares of the company from the Shenzhou excellent car seller at a price of HK $3.10 per share.

  Shenzhou car Rental SAIC 2020-07-03
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  Sell it all! Weimar Motor was acquired 100%.

  On the evening of Sept. 11, Kaixin Motor suddenly announced that it had signed a non-binding letter of intent with WM Motor Holdings Limited, planning to issue a certain number of new shares to acquire the 100% stake held by its shareholders. Lin Ming, Chairman and CEO of Happy Automobile

  Automobiles Weimar companies used cars mergers and acquisitions Mao Lin Renren new energy losses stock prices directors groups businesses enterprises wholly owned 2023-09-12
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  Porsche's acquisition of Cetitec stake in software company will cooperate in digital field

  Porsche, a sports car maker owned by Volkswagen, said on Thursday that it was buying a stake in Cetitec, a software company based in Pforzheim, and that the two would work together in car digitization. At present, the acquisition is subject to the approval of the Federal Enterprise Joint Administration of Germany. The initiative is Porsche's positive layout in response to the trend that automotive software and electronic systems are becoming more and more important and complex. "the networking of cars with their surroundings, home networks and other vehicles will become one," said Mr. Michael Steiner, a member of Porsche's global board of directors and in charge of research and development.

  Porsche acquisition 2019-05-12
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  The purchase price is too low! BMW's purchase of brilliance China factory may be stopped

  According to a number of media reports, brilliance may reject the acquisition of BMW because the 1.633 billion yuan purchase price offered by BMW is too low. According to brilliance insiders, "the acquisition of the Chinese factory by BMW has been stopped, and the relevant BMW staff in the Chinese workshop have been withdrawn." According to the above-mentioned person, the relevant leaders of FAW are meeting with the executives of brilliance Group recently, and the group thinks that the price for BMW's 1.633 billion yuan purchase of the China Automobile plant is too cheap, so it does not agree. In response to the above news, BMW Chinese officials said: "the project continues to receive support from all parties, and we are currently in progress as planned."

  BMW brilliance China 2021-11-26
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  Do you remember Future car? The parent company is going public.

  Beijing Great Wall Huaguan Automotive Technology Co., Ltd. (hereinafter referred to as "Great Wall Huaguan") and SPAC (special purpose acquisition company) Mountain Crest Acquisition Corp. Sign a formal merger agreement, which is expected to be completed by the end of 2022

  Car Future Great Wall Huaguan Company Market time ideal goal New Energy purpose Investment advantage Power employee 2022-05-03
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  Two major Chinese car companies bought shares, and BAIC announced the acquisition of a 5% stake in Daimler

  Today, BAIC officially announced that it had completed the acquisition of a 5% stake in Daimler AG, continuing to consolidate the partnership between the two sides. The rumor finally came true. As early as early May, Reuters reported that BAIC had sought local government support to acquire a 45 per cent stake in Daimler at a cost of more than 20 billion yuan. BAIC and Daimler established a partnership as early as 2005, forming a joint venture to introduce Mercedes-Benz-branded cars to be produced and sold in China, with BAIC accounting for 51% of the joint venture and Daimler holding the remaining 49%. According to BAIC officials, this time.

  Daimler acquisition BAIC 2019-07-23
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  Without approval, Great Wall's plan to buy GM's factory in Indonesia fell through.

  Great Wall officially ended its acquisition of GM's plant, the Talegaon, after two delays. On July 1, Great Wall said that the transaction period for the agreement signed between GM and GM to buy GM's plant in Tarigang, India, expired, although it maintained communication and consultation with the Indian government on the project.

  Cars Great Wall India factories markets both sides sales Tarim sales Global Brazil Thailand transactions important one 2022-07-03
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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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  In the first major acquisition in 2020, BergWarner acquired Delphi Technology for $3.3 billion.

  In 2020, the news of the consolidation of the automobile industry broke frequently. In order to maintain a leading position in the field of automobile drive systems, the American auto parts company BergWarner announced that it would buy Delphi Technology for $3.3 billion (about 22.9 billion yuan). The two sides have reached a final deal agreement. BergWarner is an American parts manufacturer, and the integration of Delphi Technologies, a British auto parts manufacturer, is the company's largest acquisition to date, and the two can complement each other in business to become the world's leading powertrain company. Provide services to light and commercial vehicle manufacturers as well as the aftermarket. At the same time.

  Automobile 2020-01-30