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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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  be threatened by growing crises! A car company was frozen another 4 billion yuan.

  Weimar, which "lives like an animal", is still besieged on all sides. "Automotive Industry concern" from the sky to check the information, Weima Automotive Technology Group Co., Ltd. added a piece of equity freeze information, equity enforcement enterprise is Weima Automobile Manufacturing Wenzhou Co., Ltd., freezing equity amount up to 4.04 billion yuan

  Weimar Automobile Company Limited Co. Ltd. Technology financing Information Equity Group people Court Capital Manufacturing RMB 2023-03-29
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  Changjiang Motor has "saved itself" by expanding overseas markets, saying that orders are being delivered.

  Changjiang Automobile, which was once favored by Li Ka-shing and holds "dual qualifications", has finally found a breakthrough in the face of various crises. A few days ago, Changjiang Automobile officially released information that the parts orders previously reached with European customers have entered the delivery period. On October 7th, Changjiang Automobile's European partners visited Changjiang Automobile and, accompanied by the relevant head of the Changjiang Automobile Project, conducted a pre-delivery inspection of the first batch of core components of the Changjiang G08/V8100 platform electric vehicles to be delivered. Through the inspection of the whole process, European customers appreciate the first batch of key parts of Changjiang Automobile and ask for shipment as soon as possible. ...

  By expanding overseas markets Changjiang Automobile 2019-10-14
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  It is suspected that Musk responded to the protection of rights: "focus on products, trust the public" was ridiculed.

  Since Tesla disbanded the global core public relations team at the US headquarters, CEO Musk alone has maintained the brand image and carried out unified publicity, which often seems unable to achieve timely early warning and effectively deal with public opinion crises. For example, after nearly a week of defending the rights of Tesla, the female car owner of the recent Shanghai auto show, Musk made an announcement on this.

  Musk. 2021-04-28
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  BYD's crisis: sales of new energy vehicles have increased slightly in half a year, while sales of fuel vehicles have dropped sharply.

  2019 has been a year of joys and sorrows for BYD. Although new energy vehicles have entered a new stage, but at the same time with the decline of new energy subsidies, the development of new energy market has been hindered, of course, this is nothing for BYD. But the bigger crisis for BYD is that sales of plug-in hybrids and fuel vehicles continue to decline, and although new energy vehicles have risen, they may not be able to support BYD's sales. The first half of the year has passed, and various car companies have released their transcripts one after another. According to BYD officials, BYD sold 223000 vehicles in the first half of the year, basically the same as the same period last year.

  Sales volume new energy BYD 2019-07-12
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  Miserable! A parts supplier in Zhejiang has collapsed, and dozens of car companies are facing suspension of production.

  As China's auto market enters a low ebb, more and more brands encounter crises from production, sales and other aspects, especially independent cars, where competition intensifies the living environment and financial pressure. Any change is likely to become the last straw to overwhelm them, including major auto parts suppliers. A few days ago, it was exposed on the Internet that Guowei Technology, a supplier of an automobile mainframe factory in Zhejiang, was basically in a state of suspension of capital chain problems, and it was also caught in bankruptcy rumors, affecting the supply of spare parts of more than a dozen mainframe factories, and in serious cases, it may also cause the mainframe factory to stop production. It is said that the relevant local departments have been involved in coordination. And phase.

  2019-08-22
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  Another car company was exposed to be unable to pay wages.

  Baoneng Automobile was exposed to be in arrears with employees' wages, collect payment from dealers and do not send cars. According to China Business News, a number of Baoneng employees belonging to different departments said that since the second half of 2021, Baoneng has delayed its salary for about 12 months, and has not paid the provident fund since May 21, while social security is in arrears.

  Car salary group employee model brand Poly Yao Zhenhua subsidiary news dealer person subject to execution problem month social security 2023-04-28
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  Volkswagen Group plans to streamline its brand lineup, including the sale of Lamborghini

  According to overseas media reports, Volkswagen is pushing ahead with comprehensive reforms, hoping to double its market capitalization from 81 billion euros today to 200 billion euros in order to maintain its position in the industry in the future. Among them, it is considering a variety of options for its Lamborghini supercar brand, sale or spin-off listing. As the possibility is currently being assessed, it is in a state of confidentiality. Although some analysts expect Lamborghini's strategy to expand from a supercar to a more spacious versatile model, helping its market capitalization rise to about $11 billion (78 billion yuan) since it went public in mid-2018.

  Volkswagen Group sells Lamborghini 2019-10-12
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  Volvo's sales in China fell 19.5%!

  According to the official release of Volvo Automobile Group, Volvo sold 48520 vehicles worldwide in January 2023, up 2.0 per cent from a year earlier. Affected by the Spring Festival holiday, Chinese mainland has become the only market for Volvo to decline. Data show that Volvo sold 11783 vehicles on Chinese mainland in January, down from a year earlier.

  Wall Volvo cars markets models electric sales brands China luxury electric cars electrical electrified traditional global 2023-02-04
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  He Xiaopeng revealed that Xiaopeng Motor is carrying out C+ round financing.

  Xiaopeng Motor CEO he Xiaopeng said at the 10th Global New Energy vehicle Congress on December 16 that Xiaopeng Motor is carrying out C+ round financing, which is a new round of financing news publicly disclosed after Xiaopeng Motor completed its financing of 400 million US dollars in November. On November 13, Xiaopeng Motor completed a $400m C round of financing, which introduced Xiaomi Group, while existing shareholders Matrix Partners China and he Xiaopeng were blessed on the original basis. Xiaopeng also announced that it has received billions of yuan in unsecured credit loans from a number of Chinese and foreign banks, including China Merchants Bank, Citic and HSBC. He Xiaopeng is in Xinneng.

  Xiaopeng automobile 2019-12-16
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  Fuel pump defects broke out collectively, and another Japanese brand launched a recall in China

  Affected by fuel pumps produced by Denso companies, Toyota and Honda have recalled defective models on a large scale, and another car company will launch a recall in China. Recently, Changan Mazda Automobile Co., Ltd. filed a recall plan with the State Administration of Market Supervision and Administration, recalling a total of 29134 vehicles from October 30, 2020. Among them, recall some Mazda3 AXELA Unksera cars produced from September 13, 2018 to August 30, 2019, a total of 26444; recall some CX-8 cars produced from October 14, 2018 to May 15, 2020, a total of.

  Mazda 2020-09-16
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  Due to quality problems with the vehicles purchased, Panda Motor claimed 800 million yuan from Lifan.

  On April 2, Lifan Industrial (Group) Co., Ltd. (hereinafter referred to as "Lifan Co., Ltd.") issued a notice that its subsidiary Chongqing Lifan passenger car Co., Ltd. (hereinafter referred to as "Chongqing Lifan") recently received legal documents such as "notice of participation of Chongqing Arbitration Commission" and "Arbitration Application" served by Chongqing Arbitration Commission. Due to a dispute over the sales contract between Chongqing Lifan and Chongqing Panda Automobile Co., Ltd. (hereinafter referred to as "Panda Automobile"), Panda submitted an arbitration application to the Chongqing Arbitration Commission for compensation of 798 million yuan to Chongqing Lifan. At present, the Chongqing Arbitration Commission has accepted the arbitration application. According to the announcement.

  Lifan 2020-04-02
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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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  Volvo's global sales announced that the Chinese market grew by 46% year-on-year.

  According to the official release of Volvo Automobile Group, Volvo's global sales in April 2023 were 51976, an increase of 10% over the same period last year. The United States is the only market showing a decline, falling 4% to 9611, while China is Volvo's largest growth market, with an increase of 46% to 12%.

  Wall Volvo cars markets models brands electric luxury growth sales sales traditional new energy electricity China 2023-05-04
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  Resurrection is hopeful! Lifan restructuring plan and investor rights adjustment plan have been passed.

  Due to increased competition and shrinking volume in the domestic market, ​ 's performance has plummeted repeatedly because it is unable to pay off its maturing debts, and Lifan has already been filed for bankruptcy reorganization by the supplier. Thanks to the fact that it still has the value of restructuring, Lifan shares have made new progress in bankruptcy restructuring recently.

  Lifan 2020-11-26
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  Sales of new forces in car building plunged 76% in July from the previous month.

  According to traffic insurance data, in July 2019, the total sales of new forces in China reached only 2375 vehicles, a sharp drop of 76 per cent from the previous month. The three giants of car-building new power, Ulai, Xiaopeng and Weimar, sold a total of 2133 vehicles in July, accounting for 90% of the total new power. In addition, the new energy passenger car market also put on the brakes in July this year, which is also the first decline in the new energy passenger car market since 2017. New energy passenger car sales ranked 68800 in July, down 3 per cent from a year earlier and 48 per cent from June, according to the Federation of passengers. In the sales of new car-building forces in July, Xiaopeng G.

  Sales car building new power. 2019-08-17
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  The car market continues to decline, how to digest the excess capacity?

  Overcapacity is a difficult problem facing China's automobile industry at present. Since China's car market entered a golden period of rapid development in 2013, car companies that saw the potential of China's car market began to continue to expand their production capacity. however, the rapid growth of the car market did not last long. In 2018, the consumer demand for cars suddenly came to a sudden stop, suffering the first decline in sales in the market, making the capacity utilization rate of the automobile manufacturing industry less than 70% in that year. As of June this year, China's car market, which has been declining for 12 months, has not improved, and the pressure on overcapacity has further expanded. So in the face of the continuous decline in the car market, how to digest the excess capacity? Production.

  Slide 2019-07-29
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  It was exposed that Xiaopeng could not use the Guodian charging pile, but both sides shirked their responsibilities.

  Following Xiaopeng's "broken shaft", it has recently been exposed that "power outage:" According to the revelation of Xiaopeng's owner, Xiaopeng's car broke out in a large area of the charging pile of the State Grid, which was not resolved for a month. Some car owners said that at the beginning of August, only part of the national network charging piles with a green bottom could not be used. However, other car owners said that BYD and other electric vehicles had no problem charging on the above-mentioned national grid charging piles. According to the owner, at the beginning of August, only part of the national network charging piles with green bottom could not be used, and these charging piles had little impact on car owners because of their small number. "from the day before yesterday, on August 29, all the charging piles of the national power grid could not be charged. ...

  Car charge Xiao Peng 2019-09-02
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  Volvo's sales in China are down 5.4% from a year earlier.

  According to the official release of Volvo Automobile Group, Volvo sold 615121 vehicles worldwide in 2022, down 12.0% from the same period last year, including 727663 in December 2022, up 12.8% from the same period last year. Chinese mainland is Volvo's largest single market in the world.

  Wall Volvo cars markets sales brands models electric luxury China second-tier share global manufacturing traditional 2023-01-06
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  In the 88 years since its establishment, Toyota has produced a total of 300 million vehicles.

  On November 6th Toyota announced that its global cumulative production had reached 300 million vehicles by the end of September. However, it is puzzling that Toyota did not hold a grand new car launch ceremony, and the milestone was announced a month later today. Feng, chairman of Toyota Motor

  Toyota Automotive Global Company Market sales China production Biya share Limited Co. Ltd. Model Carlo offline 2023-11-07