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  Bancassurance Regulatory Commission: car dealers shall not operate automobile consumer loan guarantee business without approval.

  On October 23, the China Banking and Insurance Regulatory Commission issued the Circular on issuing Supplementary provisions on the Supervision and Management of financing guarantee companies, which clearly stipulates that "car dealers shall not engage in automobile consumer loan guarantee business without approval." The Supplementary provisions require that without the approval of the supervision and administration department, automobile dealers, automobile sales service providers and other institutions shall not engage in automobile consumption loan guarantee business, and the stock business that has been carried out shall be properly settled; if it is really necessary to carry out relevant business, a financing guarantee company shall be established to operate the relevant business in accordance with the provisions of the regulations. To the existence of illegal operation, serious infringement on the legitimate rights and interests of consumers (guarantor).

  Car loan 2019-10-23
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  With EU approval, Fiat Chrysler and Peugeot Citroen will merge soon

  The merger of Fiat Chrysler and Peugeot Citroen is imminent. After completing the monopoly investigation, the European Commission approved the merger of the two major automakers on the 21st, Xinhua reported. Previously, the EU feared that the combined new company would affect the lucrative van market in Europe. As a result, the European Commission said in a statement that the conditions for approving the merger were that the two carmakers fully abide by their commitments. The commitment is that Citroen promised to continue to implement the agreement with Toyota Motor Company of Japan after the merger to continue to produce and sell Toyota-branded vans in the European market. In addition, Fiat Chrysler and Peugeot Citroen.

  PSA Group Peugeot Citroen 2020-12-22
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  "FAW Audi sales Company" has been approved by the Municipal Regulatory Bureau and is still in the stage of examination.

  After more than a year of official publicity, FAW Audi sales Co., Ltd. (hereinafter referred to as "FAW Audi sales Company"), which was originally scheduled to be established at the end of 2018, has finally made new progress. The name of "FAW Audi sales Co., Ltd." appears in the "Enterprise name approval announcement" issued by the State Administration of Market Supervision on May 22 this year. In this regard, FAW-Volkswagen Audi relevant responsible person said: "FAW-Volkswagen Audi established a sales company, which is still in the shareholder review stage, and the name of 'FAW Audi sales Co., Ltd.' appears in the General Administration of Market Supervision.

  2019-06-19
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  Tighten recruitment? It is exposed that the recruitment of Tesla needs Musk's personal approval.

  According to US technology media The Information and other media reports, on May 15, local time, Tesla CEO Elon Musk said in an email to employees that he hoped to personally approve every new employee recruited by the company, unless he personally approved it.

  Tess Tesla recruitment staff Market Global email Mars Musk China data United States people RMB Japan 2023-05-16
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  FAW car major assets reorganization plan has been approved by SASAC of the State Council.

  FAW car Co., Ltd. issued a notice today, saying that major asset restructuring issues have been approved by the SASAC of the State Council, and agree in principle to the company's overall plan for asset restructuring and supporting financing. FAW car restructuring proposed to buy assets FAW Jiefang 100% equity, the transaction price of 27 billion yuan. According to the announcement, the State-owned assets Supervision and Administration Commission of the State Council recently received a "reply on issues related to asset restructuring and supporting financing of FAW car Co., Ltd." transferred by China first Automobile Group Co., Ltd. agreed in principle to the company's overall plan for asset restructuring and supporting financing. In addition, the announcement is also.

  FAW car asset reorganization plan approved by SASAC 2019-09-27
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  Tesla announced that the factory had been approved to resume work and began to resume full production at the factory.

  CEO Musk denounced the local government's ban on the resumption of work at the Fremont plant in Tesla, Calif., and threatened to move the factory out of the area. Now, Tesla's return to work operation has been officially approved, and Musk can't wait to put into production. Tesla sent an email to internal employees that temporary health officials in Alameda County had approved the work plan and safety measures at the Fremont plant, Bloomberg reported. Earlier, Tesla had a dispute with Alameda County, California, where the factory was located. The shutdown order issued by the county rejected Tesla's application to restart the plant, and Tesla took Alameda County to court. Tex.

  Tesla 2020-05-17
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  The name of the enterprise has been approved, FAW Audi may be independent

  ​ FAW Audi, which has been closely following FAW-Volkswagen Group for many years, has recently been reported with new news. According to the "announcement of Application and Registration of Enterprise names of the State Administration of Market Supervision and Administration" recently released by the State Administration of Market Supervision and Administration, it is found that "FAW Audi sales Co., Ltd." as an enterprise name has been formally approved by the State Administration of Market Supervision and Administration, which means that FAW Audi will be expected to be independent.

  FAW Audi 2019-12-27
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  A number of Hubei car companies have been approved to resume work, and there are still uncertainties in the recovery of the automobile industry

  From 0 to 24:00 on March 10, 31 provinces (autonomous regions, municipalities directly under the Central Government) and Xinjiang production and Construction Corps reported 24 new confirmed cases (13 in Wuhan), 22 new deaths (19 in Wuhan) and 31 new suspected cases, according to data released by the National Health Commission. According to previous information released by the Hubei provincial government, all kinds of enterprises in the province are not allowed to return to work before 24:00 on March 10. With the continuous reduction of new cases in Hubei Province, especially in Wuhan City, the epidemic has been effectively prevented and controlled. After the suspension of production in Hubei Province for more than a month, car companies in Hubei Province began to prepare to resume work. March 1st.

  Dongfeng car Dongfeng Renault 2020-03-11
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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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  With a loss of nearly 5 billion in three years, it was approved to list in Hong Kong.

  According to the official website of the China Securities Regulatory Commission on August 19, the CSRC approved Zhejiang Zero running Technology Co., Ltd. (hereinafter referred to as "Zero running Automobile") to issue overseas listed foreign capital shares and domestic unlisted shares to be listed overseas. According to the relevant regulations, after examination, the reply is as follows: the approved company shall issue no more than 290 million shares overseas.

  Cars companies models codes markets shares electric power losses brands selling prices cash limited shares between prices foreign capital 2022-08-20
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  Layout of medium-and high-end new energy, Zhongtai Automobile restructuring Plan approved

  On November 31st, * ST Zhongtai issued a notice on the approval of the reorganization Plan by the Court. The company has received a Civil order from the Jinhua Intermediate people's Court, which approved the reorganization plan of Zhongtai Automobile Co., Ltd. at the same time, the reorganization procedure of Zhongtai Automobile Co., Ltd. was terminated. Affected by the news, * ST Zhongtai once again rose the limit, since the announcement of restructuring, * ST Zhongtai share price has risen more than 5 times. Review the road of Zhongtai Automobile restructuring: Zhongtai Automobile is an independent automobile brand in Zhejiang, which not only has the dual production qualification of "traditional fuel vehicles + new energy vehicles", but also in Zhejiang, Hunan, Hubei, Shandong, Chongqing and other places.

  Zhongtai Automobile 2021-12-01
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  Dongfeng Motor has approved the merger of PSA and FCA Group, and the profits will be invested in its own field.

  For 2019, the merger of Peugeot Citroen (hereinafter referred to as PSA) and Fiat Chrysler (hereinafter referred to as FCA) is undoubtedly a major event in the industry, after all, the merger of the two auto groups will become the third largest auto group in the world. However, due to a variety of adverse factors, the merger plans of the two groups have been shelved and have not yet been realized, including the reason why Dongfeng Motor occupies an important role. Last October, PSA and FCA announced that they would merge fully with a 50:50 stake to expand and cope with costly investment in new technologies.

  Dongfeng automobile 2020-04-27
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  Geely's proposed return to "A-share" Science and Technology Innovation Board has been approved by the board of directors.

  Under the influence of the market, Geely soared 7.56% after the Hong Kong Hang Seng Index fell 0.39% on the last trading day. The reason is that Geely Motor announced in an announcement on the evening of the 17th that the board of directors approved the preliminary proposal for the listing of the Shanghai Stock Exchange Co., Ltd., which means that Geely Motor may be listed in the "A-share".

  Geely 2020-06-18
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  Beam car "landed", the Great Wall BMW joint venture project was approved by the Development and Reform Commission

  On the evening of November 22, Great Wall announced that the beam automobile production base project, a joint venture between the company and BMW, had been approved by the Development and Reform Commission of Jiangsu Province. The project is scheduled to start in 2020 and completed in 2022. According to the contents of the announcement, the beam automobile production base project has a total investment of 5.1 billion yuan, and the construction scale is the full export manufacturing of 160000 fuel passenger vehicles and the development of pure electric passenger cars. Among them, the construction of fuel passenger car manufacturing part includes stamping workshop, welding workshop, painting workshop, final assembly workshop and test track and other facilities, production and manufacture of all-export fuel passenger cars; pure electric passenger car research and development.

  Beam car BMW Great Wall Motor 2019-11-23
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  It is revealed that the production qualification of Xiaomi car has not yet been approved.

  Since Xiaomi announced the construction of the car, how to obtain the qualification of Xiaomi has attracted much attention in the industry. Today, there are media reports, according to people familiar with the matter, Xiaomi has not yet obtained the production qualification. In addition, the report also said that Xiaomi has cooperated with a number of well-known automakers on potential production.

  Automobile millet production qualification news electric new energy electric vehicle aspect official development cooperation not yet supplier country 2023-10-13
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  FAW car has a net profit loss of 276 million yuan in the third quarter, and the restructuring plan still needs to be approved by the competent department.

  FAW cars released its third-quarter results, according to data, FAW cars achieved operating income of 6.591 billion yuan in the third quarter, an increase of 20.09 percent over the same period last year. The net profit loss belonging to shareholders of listed companies was 276 million yuan, down 609.65% from the same period last year. In the first three quarters of this year, the total operating income of FAW cars was 17.292 billion yuan, down 6.95% from the same period last year. The net profit belonging to shareholders of listed companies was a loss of 267 million yuan, down 297.33% from the same period last year. In addition, the financial report also disclosed the receipt of 39 million yuan in subsidies from the government. It is worth noting that FAW in the first half of this year.

  FAW car 2019-11-02
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  New developments! Russian government approves Volkswagen to sell factories

  According to the Russian "Gazette" quoted sources as saying that the Russian government has approved the sale of Volkswagen's Kalu processing plant, which is the last step for Volkswagen to withdraw from the Russian market. Reported that the buyer or the Russian Avilon holding company, but so far, it is not clear the size of the planned transaction. one

  Russia Volkswagen Automotive Volkswagen Group Kalu Market Factory processing Plant Asset Volkswagen Group Company News Nizhny Novgorod 2023-04-23
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  The restructuring plan of Baiteng Automobile has been approved, and the departure of the founders will be dominated by the "new company".

  Baiteng Motor, a new power car company, has suffered a "shutdown" since the middle of this year due to capital and operational problems, and other businesses have been suspended except for keeping a small number of jobs running. But with the recent news of Baiteng cars, the company seems to have hope again.

  Baiteng car 2020-10-14
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  The "Automation Classification of Automobile driving" standard announced by the Ministry of Industry and Information Technology will be implemented early next year.

  With the gradual improvement of the development of intelligent vehicles, self-driving technology has become a technology integrated by more and more car companies, but there is still no relevant standard in China. On March 9, the Department of Science and Technology of the Ministry of Industry and Information Technology issued the recommended national standard of Automobile driving Automation Classification for approval.

  Automobile enterprise 2020-03-10
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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