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  Is there a discount for ideal car distributors? The official refutes the rumor

  On September 27, the legal Department of ideal Automobile issued a statement saying that recently, some users have reported that some lawbreakers have sold vehicles in the name of ideal car distributors. In view of the above illegal act of impersonating the name of ideal car to infringe upon the rights and interests of consumers, ideal Automobile has taken legal measures to investigate the legal liability of the parties concerned. Ideal car

  Ideal car sales official brand channel model discount luxury offline information influence picture legal affairs law 2023-09-27
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  The distributors of various brands are seriously divided, and there are only 9000 profitable merchants, accounting for less than 30%.

  Under the cold winter of the car market, both automobile companies and car dealers are faced with great challenges, and even the huge group of car dealers in the past is shrouded in the news of closure. According to data released by the China Automobile Circulation Association, in September 2019, the inventory early warning index of car dealers was 58.6%, and the inventory early warning index was already above the warning line. A few days ago, some media released a report on the Operation of Automobile Dealers in China in 2019, which shows that 44% of car dealers across the country lost money in the first half of 2019, while profitable dealers accounted for only 29%, with a total of less than 9000.

  Dealers are seriously divided. 2019-10-06
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  Fuel leaks, Mercedes-Benz models have been recalled.

  On July 1, the State Administration of Market Supervision and Administration issued a notice on the recall of Mercedes-Benz, which shows that Mercedes-Benz (China) Automobile sales Co., Ltd. and Beijing Mercedes-Benz Automobile Co., Ltd. shall be implemented in accordance with the regulations on the recall of defective Automobile products and the regulations on the recall of defective Automobile products.

  Cars des vehicles companies limited limited fuel date car sales China sales parts production defects scope 2022-07-02
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  Is anyone else driving? Mazda China recalls 2008 RX-8

  A few days ago, Mazda (China) Enterprise Management Co., Ltd. filed a recall plan with the State Administration of Market Supervision and Administration. Decides to expand the recall of some 2008 imported Mazda RX-8 vehicles produced during the period from April 15 to November 5, 2008, with a total of 98 vehicles, starting from November 22, 2021. The reason for the recall: due to the lack of thermal insulation of the resin pump cover on the fuel tank, the fuel tank pump cover deteriorated after being affected by the heat produced by the engine and exhaust pipe; at the same time, due to the improper setting of locking torque, the fuel tank pump cover is too large for a long time.

  Mazda 2021-09-30
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  The factory was acquired! Another day for car companies to withdraw from Russia completely

  On July 14, Japanese carmaker Isuzu Russia Co., Ltd., the official manufacturer and distributor of Isuzu, announced that it had sold 100% of its Russian subsidiary. It is understood that Isuzu has withdrawn from the Russian market and transferred its shares in its Russian subsidiary to Russian automakers.

  Russia Automobile Isuzu Market production Brand China data sales Japan Factory share Company manufacturer Japanese car 2023-07-16
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  Finally got a name! Dongfeng Honda INSPIRE named "Yingshi School"

  On October 15th, Dongfeng Honda officially announced that its new INSPIRE is called "Yingshi School" in Chinese, and officially went offline today. It is understood that Dongfeng Honda INSPIRE is a brand new car launched by Dongfeng Honda in October 2018, and Guangzhou Automobile Honda Accord are sister models to each other, but Dongfeng Honda has not announced the Chinese name of the new car. Dongfeng Honda officially named INSPIRE "Yingshi School" this time, which has put an end to the current situation that it has not had a Chinese name since 2018. Of course, you may notice that terminal distributors will refer to INSPIRE as "English Poetry School", but actually.

  Dongfeng Honda 2021-10-15
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  A chip of 10 yuan sells for 400 yuan! Three dealers were fined 2.5 million yuan

  On September 10, the State Administration of Market Supervision and Administration issued an official announcement of "administrative penalties for three automotive chip distribution companies to bid up prices in accordance with the law." The notice pointed out that according to law, the General Administration of Market Supervision imposed a fine of 2.5 million yuan on three automotive chip distribution enterprises, namely, Shanghai Jite Electronics Co., Ltd., Shanghai Chengsheng Industrial Co., Ltd., and Shenzhen Yuchang Technology Co., Ltd. According to the General Administration, three automotive chip distributors, Shanghai Jite, Shanghai Chengsheng and Shenzhen Yuchang, have substantially increased prices to sell some automotive chips, such as chips with a price of less than 10 yuan, which are sold at a high price of more than 400 yuan.

  Guangzhou Automobile Toyota 2021-09-11
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  Bowo dealers protect their rights: BAIC Foton "return my hard-earned money"

  Once again, Baowo's heartbroken dealers stand in front of manufacturers to protect their rights. Recently, representatives of Baowo car dealers gathered at BAIC's Futian headquarters, and the rights protection banner stated their purpose: "Fukuda Baowo, deceiving the operation, harming the dealers, and returning my hard-earned money." From the joint letter from some dealers of the Baowo brand to BAIC Foton, we know that the dealers are dissatisfied with the early investment of Fukuda Bowo and the latest investment policy of the new shareholder in China. 1. In the early stage, it was fraudulent to attract investment in the name of "German Baowo" brand, one of the top four German brands. Without notifying the distributor, 67% of the shares were transferred to the actual control of China, and China released the latest investment policy.

  Distributor 2019-02-25
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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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  After increasing the price and raising the car, Chuanqi M8 exposed that the dealer charged a high deposit of 30,000 yuan.

  A few days ago, the owner of the new M8 online revealed that Chuanqi M8 "increased the price by 50,000 yuan". The owner said that at the node where the car was about to be picked up, he was suddenly told that because of the enthusiastic response of the new M8 model and the difficulty in the supply of spare parts, the delivery cycle will be extended, and if you want to raise the car on time, you need to increase the price.

  Showrooms dealers models deposit official sales sales guru market behavior personnel growth pre-sale brand new pressure 2022-10-24
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  Volkswagen Touang 180000, XT5 sell 190000? SAIC executive: it's true!

  Recently, pinduoduo e-commerce platform launched a "large direct subsidy" car purchase activity, all participating in the activity are SAIC models, of which Cadillac XT5, Volkswagen Tuen and Volkswagen Touguan are sold at a discount of 5.5%. The Cadillac XT5, which is officially priced at 349700 yuan, now costs only 192300 yuan, less than 200000 yuan for the first time in history. Such a "lethal" price, so that SAIC executives can not sit still.

  SAIC GM Cadillac price 2020-05-03
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  Without the money, the car could not be sold, and the dealers of BAIC Magic Speed all over the country were cheated.

  Representatives of nearly 100 BAIC Magic Speed dealers across the country gathered in front of the Beijing Automobile Group building to protect their rights, asking for a total of about 200 million in arrears, while the protection of dealers' rights has been going on for several days. The rights protection incident once again exposed the operational difficulties of BAIC Yinxiang Company and the shortage of capital chain. It has been 10 months since the suspension of production was announced, and the problem of BAIC Yinxiang has not been solved so far. "BAIC pays back money" is the slogan of their visit and the purpose of coming here. The amount demanded by rights protection dealers ranges from tens of thousands to more than 10 million, totaling about 200 million, including car booking, deposit, rebate, various losses, and so on. Dealers to BAIC Silver.

  Distributor 2019-04-24
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  Heavy drop hammer! One day, a joint venture car company will stop making China.

  GAC-Mitsubishi, founded in 2012, is losing out to China. On October 23, an authorized distributor of GAC-Mitsubishi in Hebei Province said: "We no longer do (GAC-Mitsubishi), and the authorization is gone," the Financial Associated Press reported on October 23. The manufacturer issued a notice saying that all Mitsubishi will be imported in the future, but not domestic (Mitsubishi).

  Mitsubishi China Automotive Market Model Factory Dealer production Company Outlander News Group Orange official New car 2023-10-24
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  In March, the dealer inventory index once again exceeded the warning line, and independent brands were under the greatest pressure.

  With the intensification of market competition, the current situation of dealers has not changed much, and inventory is still at a high level. According to the March dealer report released by the China Automobile Circulation Association, the inventory early warning index of automobile dealers in March was 55.3%, down 8.3% from the previous month, and up 3.2% from a year earlier, and the inventory early warning index remained above the warning line. Since 2018, the dealer inventory index has been high and has exceeded the warning line for 15 consecutive months. The China Automobile Circulation Association estimates that overall sales in the domestic car market fell by about 8% in March and by about 6% in the first quarter. From a brand point of view, import and luxury.

  Dealer inventory 2019-04-02
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  Another high-end car brand of Geely has been exposed.

  Geely is promoting a new high-end brand, or "Zeekr", with unused brands and sales strategies to compete with Tesla, according to media reports. According to reports, the Zeekr brand will be owned by Geely's newly launched electric car company "Lingling Technologies" (Chinese name "00 Technology"). In the future, the brand will launch new brand models based on Geely's newly developed ESA architecture. In addition, Geely will also set up an independent sales team for the brand, open a showroom in the city center, and integrate the two sales models of direct marketing and distributors.

  Geely car 2021-03-19
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  Toyota China personnel adjustment, Dong Changzheng as senior executive vice president

  Toyota Chinese people change! Dong Changzheng served as Senior Executive Vice President (SEVP) of Toyota Motor (China) Investment Co., Ltd., and Executive Deputy General Manager of Toyota Automobile Research and Development Center (China) Co., Ltd. At the same time, within Toyota Motor (China) Investment Co., Ltd., Li Hui served as Executive Vice President (EVP); Lang Lixin served as Deputy General Manager and returned to the sales front after finishing his work in Toyota Finance; Chen Chen was promoted to Deputy General Manager (VP) and continued to be in charge of marketing work. Dong Changzheng officially became the executive deputy general manager of Toyota China in April 2011, earlier in Beijing Mercedes-Benz-Daimler Chrysler Automobile Co., Ltd.

  Toyota 2019-12-18
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  Sudden: Toyota announces recall of 900000 vehicles

  ​ according to the official website of the State Administration of Market Supervision, Guangzhou Auto Toyota Motor Co., Ltd., Tianjin FAW Toyota Motor Co., Ltd., Toyota Motor (China) Investment Co., Ltd., Sichuan FAW Toyota Motor Co., Ltd. Changchun Fengyue Co., Ltd. (authorized by Sichuan FAW Toyota Motor Co., Ltd.) in accordance with the requirements of the defective Automobile products recall Management regulations and the implementation measures of defective Automobile products recall regulations The recall plan was filed with the State Administration of Market Supervision and Administration.

  Toyota announces recall of 900000 vehicles 2021-12-10
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  In March, the dealer inventory index exceeded the warning line again, and the independent brand was under the greatest pressure.

  With the intensification of market competition, the current situation of dealers has not changed much, and inventory is still at a high level. According to the latest "Dealer inventory early warning Index Survey" released by the China Automobile Circulation Association, the inventory early warning index of automobile dealers in March was 55.5%, up 3.3% from the previous month and 3.8% lower than last year. Inventory early warning index is above the rise and fall line.

  Distributor 2021-04-03
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  The company was administratively fined 500000 yuan for illegally charging car loan service fees.

  Since the beginning of this year, the car loan business violations have been severely investigated and dealt with, and a number of companies have been punished one after another. On November 27th, the China Banking and Insurance Regulatory Commission issued an administrative penalty decision, which showed that Shanghai Dongzheng Auto Finance Co., Ltd. charged for loans when it handled part of its loan business from June 2018 to March 2019. According to Article 16 of the measures for punishment for Financial violations, the Shanghai Banking and Insurance Regulatory Bureau decided on November 9 to impose a warning on Dongzheng Financial and fined 500000 yuan. According to data, Dongzheng Financial was established in March 2015 and is the first domestic distributor approved by the China Banking and Insurance Regulatory Commission.

  Auto loan auto industry 2019-11-29
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  Zhongsheng Group acquires 8 luxury brand 4S stores

  Zhongsheng Group, which has a good momentum of development, has been promoted to the second largest car dealer group in China, with a net profit of 4.5 billion yuan last year and 360 dealerships. Recently, Zhongsheng Group issued an announcement to acquire six Mercedes-Benz 4S stores and two Jaguar Land Rover 4S stores. Zhongsheng Dalian, an indirect wholly-owned subsidiary of Zhongsheng Group, agreed to buy 100 per cent stakes in eight target companies for 720 million yuan, according to the announcement. The target company has six Mercedes-Benz 4S dealerships in Hubei, Fujian, Yunnan and Jiangxi, and two Jaguar Land Rover 4S dealerships in Jiangsu and Jiangxi. Zhongsheng Group said that the consideration for this transaction is.

  Zhongsheng Group Distributor 4S Store 2020-07-15