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  Approved by antitrust review, Volkswagen's stake in Jianghuai is a foregone conclusion.

  Volkswagen's stake in Jianghuai was approved by anti-monopoly examination. Upon completion of the deal, Volkswagen China Investment will hold a 50 per cent stake in JAC Holdings and a 75 per cent stake in the joint venture Jianghuai Volkswagen. On November 24, Jianghuai Automobile issued an announcement that the company today received notice from Volkswagen China Investment, according to the investment agreement signed by Volkswagen China Investment with Anhui SASAC and JAC on June 11, as well as the investment agreement with Jianghuai shares and JAC Volkswagen. Volkswagen China Investment has submitted an anti-monopoly review declaration to the anti-monopoly review authorities of the relevant countries with pre-declaration obligations on the transactions under the two investment agreements. As of 11.

  Jianhuai Volkswagen 2020-11-24
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  A number of car companies have been investigated by the EU anti-monopoly investigation, suspected of driving up the price of auto parts

  In July 2017, there was a "giant case" in the German auto industry, with three German auto giants suspected of antitrust cases. The European Commission launched a formal investigation into whether German automakers BMW, Daimler and Volkswagen colluded in monopolistic behavior. Recently, Renault Nissan PSA and Jaguar Land Rover have also been subject to EU antitrust investigations, suspected of inflating the price of auto parts. Der Spiegel reported that since December last year, the European Commission has launched a survey of automakers such as Renault, Nissan, PSA, FCA and Jaguar Land Rover.

  EU 2019-02-25
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  Toyota and Changan Ford were named and listed as the top ten typical cases of antitrust law enforcement.

  On December 25, the State Administration of Market Supervision and Administration released the top 10 typical cases of anti-monopoly law enforcement in the previous year, of which two car companies were named on the list, namely Changan Ford Motor Co., Ltd. And Toyota Motor (China) Investment Co., Ltd. Monopoly Agreement of Changan Ford Motor Co., Ltd. In June 2019, the General Administration of Market Supervision ordered Changan Ford Motor Co., Ltd. to stop its illegal activities and impose a fine of 162.8 million yuan. Changan Ford Motor Co., Ltd. violated the Anti-Monopoly Law by limiting the minimum resale price for dealers. According to the survey, from 2013 to 2017, Changanfu.

  Lexus Toyota China 2020-12-25
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  BMW Group will hold a board meeting in July or discuss whether Kruger will stay or not.

  According to the German Business Daily, the BMW Group will call a board of directors at the Spartanburg plant in South Carolina from July 18 to 19 to discuss the fate or retention of Chairman Kruger, whose term will end in May 2020. According to the usual practice, German companies usually communicate one year before the expiration of the period on whether to extend the contracts of board members. Kruger joined BMW Group in 1992 and served as a director from December 2008 to June 2012. he was mainly responsible for human resources management, and from April 2012 to March 2013, he was mainly responsible for MINI, motorcycle,.

  2019-06-28
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  The European Union sued BMW Volkswagen Daimler for collusion over emissions

  The EU sued BMW Volkswagen Daimler for collusion over emissions recently. According to a report in the German Business Daily, EU antitrust regulators plan to formally file charges against BMW, Daimler and Volkswagen this spring. EU regulators have made a series of detailed charges against automakers in collusion with each other over engine emissions, according to the complaint. The charges are likely to lead to fines on carmakers. Documents from Brunswick and the Munich district attorney's office show that automakers have cooperated on diesel exhaust emissions, according to the report.

  Volkswagen Daimler EU BMW 2019-03-08
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  BMW's first-quarter profit plummeted by $1.6 billion due to violation of anti-monopoly law

  Due to anti-monopoly law, BMW's first-quarter profit fell by $1.6 billion due to a slowdown in car market sales, a decline in BMW's first-quarter profit and additional expenses made by fines. BMW's first-quarter profit will be reduced by 1.6 billion in the first quarter of this year. Profit before interest and tax (EBIT) fell 78 per cent from the same period last year to 589 million euros, BMW said in a statement on Tuesday. Last month, the European Union imposed an antitrust fine of more than 1 billion euros on BMW and two other German automakers for colluding with emissions data. A 36% increase in spending on real estate and factories and equipment also weighed on profits. Eliminate the penalty.

  Automobile new energy new energy vehicle 2019-05-07
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  Germany's three major car companies have been confirmed to have monopolistic behavior, or have been imposed huge fines

  The latest results of the "monopoly door" investigation by the three German giants have been confirmed by the European Commission on the "monopoly door" incident of Volkswagen, Daimler and BMW. The European Union announced that Volkswagen, Daimler and BMW illegally monopolized clean technology for diesel engine emissions. According to the regulations, once the monopolistic behavior is proved, the EU will impose a fine of 10 per cent of the annual turnover, which will reach 390 billion yuan according to statistics. As Volkswagen and Daimler actively cooperate with the EU investigation and acknowledge the monopoly facts, they are expected not to be fined. Daimler also served as a witness in the investigation, but BMW has repeatedly been strong.

  Monopoly cart proved. 2019-04-06
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  Geely Holdings / BYD car fined

  On November 20, the Anti-Monopoly Bureau of the State Administration of Market Supervision and Administration issued 43 administrative penalty cases in succession and filed and investigated 43 cases of operator concentration that had not been declared illegally in accordance with the law. After investigation, the above cases all violate Article 21 of the Anti-monopoly Law of the people's Republic of China and constitute a failure to declare the illegal implementation of operator concentration in accordance with the law, and it is considered that it does not have the effect of excluding or restricting competition. According to the antitrust bureau, Geely Holdings and BYD were punished. Baidu online Network Technology (Beijing) Co., Ltd. and Zhejiang Geely holding Group Co., Ltd. set up a joint venture that violated the anti-monopoly law and were fined 500000 yuan respectively. A document.

  BYD Geely 2021-11-20
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  BMW Volkswagen was fined 6.7 billion yuan, and Daimler's surrender was exempted.

  According to CCTV news, the European Commission announced on the 8th that three German car manufacturing groups, Daimler Group, BMW Group and Volkswagen Group, have joined forces to curb the full use of clean technology for diesel exhaust. In violation of the EU anti-monopoly law, Volkswagen and BMW were fined a total of 875 million euros (about 6.7 billion yuan). Daimler, BMW and Volkswagen, Audi and Porsche all have technologies to reduce harmful emissions from diesel vehicles below EU standards, and the five companies colluded between 2009 and 2014, the European Commission said. avoid "exhaust.

  Volkswagen BMW 2021-07-10
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  Toyota was fined 87 million yuan for Lexus's violation of price monopoly

  Today, the General Administration of Market Supervision issued a penalty decision on Toyota Motor (China) Investment Co., Ltd., fining Toyota 87 million yuan for violating the Anti-monopoly Law, according to relevant media reports.

  Toyota 2019-12-27
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  "disadvantageous" at the beginning of the year! Tesla was fined 2.85 billion won by South Korean supervision.

  Tesla was fined 2.85 billion won (15.4 million yuan) for publishing "false, exaggerated and deceptive advertising content," according to South Korea's antitrust regulator. The agency said that starting from August 2019, Tesla's official website

  Tex Tesla Automobile range mileage Electric Advertising New Energy Electric vehicle Korea Battery Cryogenic Technology data website 2023-01-04
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  The old case is brought up! A brand was fined 87.61 million yuan

  On November 29, the Jiangsu Provincial higher people's Court and the Provincial Market Supervision Administration jointly held a press conference, at which they reported the judicial and law enforcement work of anti-monopoly and anti-unfair competition in Jiangsu Province from 2019 to 2022, and issued ten typical cases of anti-monopoly and anti-unfair competition enforcement. Among them, some

  Dealers cars prices sales markets Jiangsu competition behavior antitrust parties models quotations brands minimum 2022-12-01
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  Changan Ford was fined 162.8 million yuan for violating the anti-monopoly law, 4% of Chongqing's annual sales.

  China's market regulator said it would impose a fine of 162.8 million yuan ($23.55 million) on Ford Motor and Changan Ford, a joint venture with Changan Automobile Group, for violating the anti-monopoly law, according to domestic media reports. China's General Administration of Market Supervision said on its website that since 2013, Changan Ford has limited the minimum resale price of downstream dealers in Chongqing by formulating a "price list", signing a "price self-discipline agreement" and limiting downstream dealers' minimum prices and network lowest quotations during the auto show.

  Ford Changan monopoly 2019-06-05
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  Changan Automobile Group reported sales of 113497 vehicles in May, down 34.7% from a year earlier.

  P.p1 p.p2 p.p3 span.s1 span.s2 today, Changan Automobile Group released its May sales data and results. Data show that Changan Automobile Group sold 113497 vehicles in May, down 34.7% from a year earlier. Changan Automobile Group sold 683553 vehicles from January to May, down 32.9% from a year earlier. Although the overall car market was not as expected this year, monthly sales fell 34.7% year-on-year, almost the biggest decline among Chinese automobile groups. Changan Automobile Group's business sectors also released sales data, Changan Ford sales in May 7.

  Changan automobile automobile sales Changan year-on-year decline 2019-06-12
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  Stellantis to acquire BMW-Mercedes-Benz joint venture

  Stellantis

  Group Market Automobile Model Brand data Company production and Marketing sales Fick China Citroen BMW New car under 2022-05-03
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  Chuan Dongfeng Motor plans to sell PSA shares to promote the merger of PSA and FCA

  Dongfeng is likely to cut its stake in Peugeot-Citroen (PSA) in an attempt to facilitate a merger of PSA and FCA to ease regulatory scrutiny of the merger of PSA and FCA, Reuters reported, citing people familiar with the matter. Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) announced on October 31 that they will create a new car company with a 50:50 share ratio. In terms of car production, the two will merge to become the world's fourth-largest automaker, with annual sales of 8.7 million vehicles and annual revenue of 170 billion euros.

  Dongfeng Motor PSA FCA 2019-12-07
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  BMW achieved hundreds of billion euros in revenue for the first time, but its net profit fell by nearly 30%.

  On March 13, BMW Group released its results for the fourth quarter and full year of fiscal 2019. According to the financial report, BMW Group achieved revenue of 104.2 billion euros (817.7 billion yuan) in 2019, up 7.6 percent from 96.855 billion euros in 2018. Revenue increased, but net profit declined. BMW Group made a net profit of 5.022 billion euros (39.4 billion yuan) in 2019, down 28.9 percent from 7.064 billion euros in 2018. Among them, BMW Group's revenue was 29.366 billion in the fourth quarter of 2019.

  BMW MINI Rolls-Royce 2020-03-13
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  The latest situation has been revealed! PSA/FCA is not a merger, the real purpose is anti-takeover.

  With the gradual shrinkage of the automobile market in recent years and the increasingly fierce competition, many automobile companies began to seek strategic cooperation of "huddling". For example, PSA Collective and FCA Group announced as early as last year that they would merge. However, there is news recently that the two companies are not merged, but acquired by the acquirer PSA Group.

  PSA 2020-11-27
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  PSA and FCA officially confirm the merger, and the new company is expected to be operational in 2021

  After a month and a half, Fiat Chrysler (FCA) and Peugeot Citroen (PSA) officially announced the merger and issued a joint statement on December 18. With annual sales of 8.7 million vehicles and combined revenue of 170 billion euros, the new company will become the fourth largest automobile group in the world after Volkswagen, Toyota and Renault-Nissan alliance, according to the statement. In the new corporate governance structure, John Elcan, chairman of FCA, will serve as chairman of the new company, and Tang Weishi, CEO of PSA, will serve as CEO of the new company. It is understood that.

  PSA FCA 2019-12-18
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  BMW's net profit increased by 2% in the first quarter, and a number of data showed growth under the epidemic.

  On May 6th, BMW Group released its first-quarter results, showing that its revenue in the first quarter of 2020 was 23.25 billion euros (about 178.3 billion yuan), an increase of 3.5 percent over the same period last year; profit before interest and tax was 1.38 billion euros (about 10.6 billion yuan), an increase of 133 percent over the same period last year; profit before tax was 798 million euros (6.1 billion yuan), an increase of 4.7 percent over the same period last year. Net profit was 574 million euros (4.4 billion yuan), up 2.4% from a year earlier. BMW Group said the sharp increase in profits was due to an one-time allocation of 1.4 billion euros in the same period last year.

  BMW 2020-05-07