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  The inventory pressure of dealers has greatly increased, and the inventory depth of three independent brands has exceeded 3 months.

  China's car market fell again by double digits in April, with passenger car sales falling 16.9 per cent to 1.508 million units from a year earlier, the 11th consecutive month of decline in Chinese car sales, according to data released yesterday. From January to April, domestic passenger car sales totaled 6.595 million, a decline of double digits to 11.9%, a decrease of nearly 900000. The downward trend has not changed or even further expanded the decline, automakers are under pressure, dealers are also under tremendous pressure. The China Automobile Circulation Association released the inventory report of automobile dealers in April. The survey results show that the comprehensive inventory system of automobile dealers in April.

  Dealer inventory 2019-05-11
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  Seven brands were named, and the inventory depth of dealers exceeded 2.5 months.

  The car market finally warmed up in April! According to the data, China's automobile production and sales completed 2.102 million and 2.07 million respectively in April, up 46.6% and 43.5% respectively from the previous month, and 2.3% and 4.4% respectively over the same period last year. The monthly growth rate was the first increase since the beginning of this year, and sales volume ended 21 consecutive months of decline. However, some brands have to face the difficult days of terminal sales. The latest survey of "Automobile Dealer inventory" released by the China Automobile Circulation Association in April 2020 shows that the comprehensive inventory coefficient of automobile dealers in April was 1.76, down 12.0% from the same period last year and 34% from the previous month.

  Skoda car dealer 2020-05-11
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  The brand with the highest inventory depth of dealers, Changan / Red Flag was named for the first time.

  According to the latest survey report released by the China Automobile Circulation Association, the comprehensive inventory coefficient of car dealers was 1.45 in July 2021, down 24.1% from the same period last year and 2.0% from the previous month, and the inventory coefficient fell below the warning line. The association said that due to the shortage of chips and insufficient car production capacity and other factors, the inventory coefficient has fallen for five consecutive months. In July, extreme weather occurs frequently and epidemic situation is controlled in some areas, the performance of market demand is not satisfactory, and the characteristics of off-season are obvious. In July, a total of three major brand dealers were named for more than 2 months of inventory depth, namely Skoda, Changan Automobile and FAW Red Flag. Skoda.

  FAW Red Flag Changan Automobile Skoda 2021-08-11
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  BMW China recalls more than 70,000 1-Series and 3-Series models due to defects

  Today, the State Administration of Market Supervision and Administration issued a BMW recall announcement. Brilliance BMW Automobile Co., Ltd. and BMW (China) Automobile Trading Co., Ltd. in accordance with the requirements of the regulations on the recall of defective Automobile products and the measures for the implementation of the regulations on the recall of defective Automobile products, filed the recall plan with the State Administration of Market Supervision and Administration, and decided to recall a total of 72847 vehicles from now on. Recall models: brilliance BMW Co., Ltd. decided to recall some of the brilliance BMW 318i, 320i and 325i vehicles produced between March 18, 2010 and February 24, 2012.

  BMW 2021-12-08
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  These brands are named again, and the inventory depth of dealers remains high.

  In the second half of the year, the automobile market gradually returned to normal, the overall sales increased steadily, and a number of car companies ushered in collective growth. According to the CAC report, retail sales in the passenger car market reached 1.992 million in October, up 8 per cent from a year earlier and achieving a high growth rate of about 8 per cent for four consecutive months. Even with the rapid growth of the car market, some brands are also struggling with high inventory and living a difficult life of terminal sales. In October, a total of three major brand dealers' inventory levels remained high, and the luxury brand has won the first place for three months in a row. China Automobile Circulation Association released the latest October "car dealers Depot."

  Infiniti distributor 2020-11-12
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  GAC MOTOR has the highest inventory, and the inventory level of car dealers still exceeded the standard in May.

  Dealer inventory depth level is an important index to measure the current situation of a brand management. A few days ago, the China Automobile Circulation Association released a report on the inventory of automobile dealers in May. The survey results show that the comprehensive inventory coefficient of automobile dealers in May was 1.65, up 4% from the same period last year, and down 18% from the previous month. The inventory level is above the warning line. Compared with the inventory depth and clearance pressure in February, March and April, the current situation of dealers eased somewhat in May, thanks to the fact that May and June are the critical period of switching between the five countries and six countries, and all dealers are speeding up the elimination of inventory cars in the five countries. and more cautious about wholesale car entry. But another problem is that the dealers are big.

  Cars dealers inventory GAC MOTOR Guangzhou Automobile 2019-06-11
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  One of the top three brands with the highest inventory among dealers in September, a luxury car company, made the list in a row.

  After a bitter battle in the first half of the year, the auto market has entered a stage of rapid growth in the second half of the year. Passenger car sales have risen for three consecutive months compared with the same period last year, and a number of car companies have also ushered in double-digit monthly sales growth. However, at a time when the overall car market continues to rise and dealer inventory levels decline, these brands are under pressure, with one luxury car company on the list and "at the top". According to the latest retail sales statistics of the Federation of passengers, the domestic passenger car market achieved sales of 1.912 million vehicles in September, an increase of 7.4% over the same period last year and 12.2% month-on-month growth. Sales rose for the third month in a row. The rate of decline for the whole year narrowed further, with cumulative sales from January to September.

  Car dealer Infiniti 2020-10-15
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  Depth? the Great Wall reported BYD under its real name, what do you want to do?

  The Great Wall and BYD fell out. On May 25, official account issued a "statement" saying, "on April 11, 2023, Great Wall Motors submitted reporting materials to the Ministry of Ecology and Environment, the State Administration of Market Supervision and Administration, and the Ministry of Industry and Information Technology."

  Biya Great Wall cars fuel models fuel tanks brands steam markets standards China atmospheric pressure time fuel tanks departments 2023-05-26
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  Beijing Automobile deepens its adjustment to promote the upward development of the brand

  On July 29, Beijing Automotive Zhida, Zhidao, Zhixing "Zhiduo" and other series of models have "bright sword" Helan Mountain, the era of comprehensive empowerment. Chen Hongliang, president of Beijing Automobile, said that comprehensive sales of independent brands in Beijing reached 82800 in the first half of 2019, of which new energy reached 54000, an increase of 263.6 per cent over the same period last year. The proportion of sales of new energy vehicles has increased significantly, accounting for 70%. An increase of more than 30 percentage points over the same period last year. According to the Federation of passengers, wholesale 9.951 million vehicles were sold from January to June, down 13.9% from a year earlier, and retail terminal sales were 9.954 million, down 9% from a year earlier.

  Car Beijing Brand 2019-08-02
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  Xiaomi president: lack of core has no effect on us. It takes 3 years to make a good car.

  A few days ago, Wang Xiang, president of Xiaomi Group, said on a conference call about the impact of chip shortage on car construction: "lack of core has no impact on us. The car development cycle is long. It may take three years to build a good car. I don't think the chip shortage will last for three years. I don't think about it now, and Xiaomi car building is still in its early stage. Wang Xiang believes that it is still too late to join the electric vehicle industry, the electric smart car market has just begun, and the penetration rate is still at a low level, so it is not too late. At present, Xiaomi should first set up a team, conduct in-depth research on the market, and plan for product reproduction. Because we must build a car that everyone likes, a good car.

  millet 2021-05-27
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  Tesla: great progress was made in autopilot, and investor activities were held on April 19th.

  In February this year, Tesla CEO Musk announced that all Tesla electric cars will be completely driverless by the end of this year. Tesla recently announced that great progress has been made in the field of autopilot. According to a press release posted on Tesla's website, Tesla has made significant progress in developing autopilot software and hardware, including the FSD computer, which is in production and will be fully autonomous through wireless software updates in the future. Tesla plans to hold an investor event at Palo Alto headquarters on the morning of April 19, so that investors can gain an in-depth understanding of the company's autopilot technology and future.

  Driving Tesla autopilot 2019-04-03
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  BYD officially cooperates with Huawei in intelligent driving and rail transit.

  Wang Chuanfu, chairman of BYD, has said that BYD has ushered in a major strategic shift to open its intelligent development platform from closed to open to global auto developers. After accessing Baidu's Apollo autopilot platform, BYD signed a contract with Huawei. On March 25, BYD and Huawei signed a comprehensive strategic cooperation agreement in Shenzhen. The two sides plan to carry out in-depth exchanges and cooperation in automobile intelligent network connection, intelligent driving, smart cloud rail and smart park, so as to jointly promote the innovative development of automobile and rail transit and help the digital transformation of the automobile industry. According to the cooperation agreement, Huawei will play its part in AI (artificial Intelligence), 5G and Io...

  Driving BYD. 2019-03-26
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  FCA Group wants to marry Renault and reach an agreement to become the world's largest automobile manufacturing alliance.

  Recently, according to overseas media reports, Renault and Fiat Chrysler (FCA) are currently trying to establish an alliance. If the plan goes smoothly, the Renault-Nissan-Mitsubishi Alliance will merge with FCA to become the world's largest automaker. Fiat Chrysler is in extensive and in-depth discussions with Renault, citing a number of related negotiations, the Financial Times reported on Saturday. Fiat Chrysler is seeking to work together to meet the challenge of structural changes in the global auto industry. Sources said the agreement would allow FCA to join the existing Renault-Nissan-Mitsubishi alliance in the future, and warned of this.

  Car Renault Global FCA 2019-05-26
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  Xiaopeng Motor received a financing of US $400 million, and Xiaomi Group participated in the car building industry.

  Xiaopeng Motor, a new car-building force that was just established five years ago, announced that it had raised $400 million in the latest round of financing, which brought in a new investor, Xiaomi Group, while existing shareholders, including he Xiaopeng, were blessed. With the latest financing, Xiaopeng is valued at nearly 25 billion yuan. Xiaopeng also said that in addition to US $400 million in equity financing, it has also received billions of yuan in unsecured credit loans from a number of Chinese and foreign banks, such as China Merchants Bank, Citic and HSBC. For this financing, Xiaomi Group CEO Lei Jun said: Xiaomi Group and Xiaopeng Motor have carried out in-depth cooperation in the interoperability of smartphones and smart cars. Small.

  Xiaopeng automobile 2019-11-13
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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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  315 professional testing of Youxin Gold used car, maintenance found solder joint

  Declared that "315 comprehensive in-depth testing, and after professional training, experienced inspectors strictly implement the inspection items and procedures" to ensure that "no major accidents, no blisters, no fire" Youxin second-hand car has a problem again. Mr. Sun's Mercedes-Benz GLC 260L was bought on Youxin's second-hand car in August at a price of 320000. Mr. Sun said that when buying the car at that time, the salesperson said, "this is a gold medal used car, there has been no accident," but Mr. Sun accidentally found something wrong with the car. On the morning of December 8, when Mr. Sun was driving a right turn, the rear bumper scratched the wire, and then Mr. Sun pulled the car.

  Mercedes Benz 2019-12-14
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  China's fuel trucks will quit in 2030! China's fuel vehicle exit schedule officially released

  China Oil consumption Total amount Control and Policy Research Project released by the Energy and Innovation Center, the report "Research on the withdrawal schedule of China's traditional fuel vehicles" points out that the super-large cities represented by Beijing can take the lead in banning the sale of traditional fuel vehicles if possible. In these cities, traditional fuel vehicles can withdraw from the bus, logistics vehicle, taxi and online car-hailing market around 2020, while in the field of private cars, traditional fuel vehicles can withdraw around 2030 at the latest. The report makes an in-depth study of the ban on the sale of traditional fuel vehicles at home and abroad, the development trend of new energy vehicle technology, the role of market economy, oil supply security and environmental protection and carbon.

  Fuel truck 2019-05-21
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  Evergrande Group invests 120 billion yuan to build three bases of new energy vehicles in Shenyang

  According to domestic media reports, the signing ceremony of the strategic cooperation agreement between the Shenyang Municipal people's Government and Evergrande Group was held in Shenyang today. according to the agreement, the two sides will carry out extensive and in-depth cooperation in a number of fields. Evergrande Group invested 120 billion yuan to build three major bases of new energy vehicles in Shenyang and other projects to help Shenyang build a national automobile industry center. Among them, the vehicle R & D and production base of Evergrande new energy vehicles will be located in Hunnan District, and the hub motor R & D and production base and power battery super factory will be located in Tiexi District. Shenyang is the most important heavy industry base in China, with solid equipment manufacturing foundation, strong spare parts supporting capacity and complete automobile.

  Automobile new energy investment Evergrande new energy vehicle 2019-06-16
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  Guangzhou Auto Fick's sales halved in the first half, and the two major shareholders wanted to revive Jeep.

  Fiat Chrysler ("Fick Group") and Guangzhou Automobile Group Co. ("GAC GROUP") said on their official Weibo that "during the Chengdu Auto Show, Fick Group and GAC GROUP signed a memorandum of strategic cooperation in Chengdu, and the two sides will further strengthen cooperation in the Chinese market and explore new cooperation opportunities in depth." It is understood that Guangzhou Auto Fick was established on March 9, 2010. it was jointly invested by GAC GROUP and Fick Group with a share ratio of 50:50, with a total investment of about 17 billion yuan. At present, Guangzhou Auto Fick's Jeep brands include Free Light and finger.

  GAC GROUP Fick Group 2020-07-30
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  Add the technology! SAIC General Motors Software and Digital Center established

  With the rapid development of intelligence in the automobile industry, consumers' requirements for intelligent vehicles are also increasing. Moving towards intelligence has also become the focus of car companies. On November 8, SAIC General Motors officially announced the establishment of the Automotive Software and Digital Center. According to the official introduction, the newly established SAIC General Automobile

  Intelligence car driving digital software driver brand new development official voice Internet connection upgrade service monitoring function 2023-11-09