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  BYD received a subsidy of 3.458 billion yuan for new energy vehicles, and adequate cash flow will help reduce the debt burden.

  On May 22nd, BYD announced that its holding subsidiary BYD Automotive Industry Co., Ltd. had received a national new energy vehicle promotion subsidy of about 3.458 billion yuan from Shenzhen Pingshan District Finance Bureau, of which the new energy vehicle subsidy settlement and supplementary settlement fund was about 3.126 billion yuan in 2016 and 332 million yuan in 2017. BYD said that the receipt of the national new energy vehicle promotion subsidy will increase the group's capital flow, reduce interest payments, reduce financial expenses, and have a positive impact on the group's assets and debts. The first quarter of 2019.

  BYD 2019-05-23
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  Musk explained that stores with high flow of people and high sales will not be closed.

  At the end of February, Tesla announced the global closure of offline stores and the switch to an online sales model, thereby saving operating costs, resulting in a 6 per cent price cut for all models. Tesla's store closures and price cuts caused a sensation, but the plan could not keep up with the change, and shortly after Musk emailed, he announced that the estimated number of global store closures would be half as many as before, so the cost savings would be only about half, with the exception of the standard version of Model 3. 3% higher prices for other models from March 18. Now Musk e-mailed again to explain the closure plan, Musk said in an email, with high flow of people, high sales of Tesla stores will still be guaranteed.

  Xiaopeng New Energy 2019-03-28
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  The passenger flow on May Day has increased significantly, but the dealer inventory still exceeds the warning line.

  After several months of market restraint, the domestic car market finally ushered in a certain sales rebound in April this year, and with the advent of the "May Day" traditional peak season, it once again pushed the car market into a small and the best part. However, dealers' inventory performance was mediocre throughout May due to sales overdrafts in the first half of the month.

  Automobile 2020-06-02
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  Roewe 4S store bought a car to send traffic but later denied, 4S store sales: "remember wrong"

  Recently, Mr. Zheng, the owner of Roewe, reflected to the media that when he bought a car, he promised to give away the flow of the car-machine interconnection system, but it was not fulfilled after buying the car. I also called SAIC Roewe's customer service phone many times to reflect the situation, but the problem was not solved. Mr. Zheng said: in early May this year, I bought a 2021 Roewe i5 star version car in Zhuhai Glory Automobile sales and Service Co., Ltd. "when buying a car, the salesperson at the 4S store said that the manufacturer had a special offer to buy an i5 model with a free 2-year monthly 2G music stream and a 400m WiFi flow.

  Roewe 4S 2021-08-19
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  CCTV: car companies drag money to make Bick battery fall into "serial debt" Bick battery: cash flow is tight

  According to data, the installed capacity of power batteries from January to October this year was 46.28GWh, an increase of 33.2% over the same period last year. Among them, Bick battery ranks among the top 10 in the domestic power battery list with the installed capacity of 557MWh. However, even the current situation of the power battery company is hardly optimistic, and a number of companies have sought debt from Bic Battery. On November 6, Rongbai Technology announced that the overdue accounts of Bick Power exceeded 206 million yuan, which may not be recoverable. On November 7, Dangsheng Technology announced that the balance of accounts receivable in Shenzhen Bic and Zhengzhou Bic totaled 378 million yuan, which could not be recovered.

  Bick Battery Huatai Automobile Zhongtai Automobile 2019-11-14
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  Ren Zhengfei: the automobile business shrinks, taking survival as the main program

  On the afternoon of June 22, Ren Zhengfei shared an article entitled "the whole company's business policy should shift from the pursuit of scale to the pursuit of profit and cash flow" in Huawei's internal forum. Ren Zhengfei mentioned in the article that with the decline of global consumption power, Huawei should change its thinking and business policy from the pursuit of scale to the pursuit of profit.

  Huawei Business Automobile profit Revenue Global Smart Cash Cash flow people RMB crisis Market Terminal capacity 2022-08-24
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  State Grid cooperates with a number of car companies to launch a "flow package" for car purchase and power transmission.

  In recent years, under the promotion of national policy, new energy vehicles have experienced rapid development. at the same time, in order to make the new energy vehicle industry develop more healthily, the state immediately pressed the brake button and abolished the subsidy policy. in this environment, sales of new energy vehicles have declined for several months in a row. According to data, in September this year, the production and sales of new energy vehicles reached 89000 and 80000 respectively, down 29.9% and 34.2% respectively from the same period last year. Affected by the decline of new energy subsidies, sales fell for the third month in a row compared with the same period last year. In the face of this, State Grid and a number of electric car manufacturers announced that they would sell cars and charge bags.

  State Grid cooperates with a number of car companies 2019-10-29
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  Come back strong! A car company has lost 447 million yuan this year.

  Recently, Zhongtai Motor released its third quarter results of this year. According to the data, Zhongtai Motor's operating income in the third quarter was 161 million yuan, down 14.46% from the same period last year. In the first three quarters of this year, Zhongtai Motor's cumulative revenue was 532 million yuan, an increase of 9.45% over the same period last year, with a net profit loss of 1.6% in the third quarter.

  Cars markets cash sales companies overseas editions cash flow models investments activities losses net official year ago data 2023-10-31
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  Revenue and profit fell both, Tesla sold bitcoin on sale to ease cash flow

  According to media reports, the production line transformation plan launched by Tesla's Shanghai factory in July is nearing completion. Among them, the second phase of the production line responsible for the production of Model Y was completed on July 16, and the first phase of the production line for the production of Model 3 began on July 17 and is expected to be completed on August 7.

  Tex Tesla Factory Shanghai production Global time Transformation China growth Electric second quarter production Automotive Electric car 2022-07-23
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  New high-end MPV models of SAIC are planned to flow out, and SAIC will build MPV three Musketeers.

  Although the current domestic MPV market is basically locked, but with the increasingly fierce competition in the car market in the past two years, more and more brands have joined the MPV model to make their product formation more perfect. A few days ago, a photo of a suspected SAIC internal meeting was circulated on the Internet. Following SAIC GM Buick's new GL8 model and SAIC Volkswagen's new Volkswagen, SAIC Roewe will also launch a high-end MPV model, also known as high-end MPV three swordsmen, to further seize China's middle and high-end MPV market. Judging from the photos released this time, the model is named iM8 and is a 200000 yuan MPV model under the Roewe brand.

  SAIC 2020-05-31
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  No strength, flow to save! Bowo New Retail 2 hours swipe order 220 million

  In the face of today's difficult car market, marginal car brands that do not have brand strength are even more difficult. Recently, Bowo launched a new brand marketing method, invested nearly 100 million yuan, launched a marketing campaign with Luckin Coffee, and invited image spokesman Lei Jiayin to sell cars live. 1623 cars were booked in two hours, with an order amount of 220 million yuan. The German brand Bowo, which is also from BBA, began in 1919 and has a history of one hundred years. However, Bowo was bankrupt in 1961 due to poor management, and it was not until 2015 that the brand was revived under BAIC's cooperation with Foton, and a new brand LO... was launched.

  Bowo cross-border new retail sold only 220 million units in 2 hours. 2019-10-19
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  It is difficult for 4S stores to operate normally under the epidemic, so it is suggested that necessary policies and measures should be introduced to promote the development of automobile market.

  Affected by the epidemic, the automobile industry ushered in a very difficult period. In terms of terminal retail, car dealers delayed to return to work, passenger flow decreased significantly, new car sales and after-sales efficiency decreased significantly, and business difficulties generally appeared. To this end, the all-China Federation of Industry and Commerce Automobile Dealers Chamber of Commerce issued a proposal to study and introduce necessary policies and measures as soon as possible to increase phased policy support for automobile production, distribution, service and other industries, so as to promote the stable and healthy development of the automobile market and the whole industry chain. Dealers will say that COVID-19 's epidemic has made the auto market, which has been experiencing negative growth for two years in a row, even worse, making it difficult for 4S stores to operate normally and enjoy normal passenger flow.

  Distributor 2020-03-03
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  The cash flow of a new force in car building can only last until the second quarter of next year.

  On May 8th, Lucid, the new force of American car building, announced its results for the first quarter of 2023. According to the financial report, the revenue in the first quarter was 149.4 million US dollars. Although the revenue in the first quarter increased compared with the same period last year, it was lower than the earlier market expectation of 197.8 million US dollars.

  Market Tesse Tesla China model power capital loss company vice president cost income car sales USA 2023-05-10
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  Tesla delivered 95356 units in the second quarter of 2019, with a net loss of $408 million.

  Tesla released its results for the second quarter of 2019 on July 25, with record delivery data and improved losses. According to the financial report, Tesla realized revenue of $6.35 billion in the second quarter, up from $4 billion in the same period last year, and realized a net loss of $408 million (about RMB 2.8 billion). Compared with the same period last year, the loss was $718 million in the same period last year. the loss in the first quarter was $702 million. Tesla also said that as a result of this growth and operational improvement, it generated a free cash flow of $614 million in the second quarter (operating cash flow minus capital expenditure.

  Tesla loss 2019 delivery 2019-07-25
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  It is also exposed that there are many cases of non-delivery of cars in breach of contract, and it is difficult for Zhengtong Automobile Dealer Group to have cash flow.

  Zhengtong Automobile Group, a giant of Chinese car dealers and one of the core dealers of luxury brands, is facing financial difficulties. Many of its dealers have been repeatedly exposed that it is difficult to pick up cars, but consumers are unable to pay for cars. Procrastinate again and again. This time, it was revealed that there was a problem with China Auto South, which is owned by Zhengtong Automobile. According to recent media reports, Mr. Wang spent 320000 yuan on June 13 to buy a Jaguar XFL2.0 in Haikou "Hainan China Automobile South Automobile sales and Service Co., Ltd.". After signing the purchase contract, the 4S store promised that the final delivery time would be July 28, but Mr. Wang did not.

  Car dealership 4S store 2020-07-30
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  Overseas production and sales basically stagnated, Volkswagen decided to withdraw its 2020 performance target

  Volkswagen Group said in an announcement on Thursday that the continued pandemic of novel coronavirus had a significant impact on the group's business, with the car sales network almost stagnant, customer demand falling sharply and supply cuts in the parts supply chain. As the trend of the epidemic is still uncertain, combined with falling profits, lower revenue, reduced cash flow and other factors, Volkswagen believes that 2020 expectations can no longer be achieved, and decided to withdraw its previously released 2020 outlook. Volkswagen Group CEO Dis said in the 2019 results report that "Volkswagen Group delivery volume in 2020 will be the same as 2019, sales revenue will."

  The public 2020-04-17
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  The flow can not change the sales volume, and many car companies are absent from the Guangzhou Auto Show.

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  Guangzhou Auto Show 2019-11-22
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  The worst performance in 8 years! Mazda halved its profit in fiscal year 2019

  On May 14, Mazda released its fiscal year 2019 results report (April 1, 2019-March 31, 2020). According to the report, Mazda achieved revenue of 3.4303 trillion yen, down 4 per cent from a year earlier, while realized profit was 43.6 billion yen, down 47 per cent from a year earlier. In terms of cash flow, as of March 31, Mazda's cash flow was-92.7 billion yen. The last fiscal year was Mazda's lowest profit in nearly eight years, nearly halving from the previous year. As for the reasons for the decline in revenue and profits, Mazda said it was mainly due to the low demand in the automobile market caused by the spread of the COVID-19 epidemic. For 2020 dollars.

  Mazda 2020-05-15
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  Rivian has a market capitalization of more than 100 billion US dollars, Musk: mass production first

  Rivian Automotive, an American electric car company, listed on Nasdaq at $78 a share on Nov. 10, up 53% on its first day. In intraday trading, the market capitalization of Rivian exceeded US $100 billion and raised more than US $12 billion. As of the 11th close, Rivian was trading at US $122.9 per share, up 22.10%, with a market capitalization of US $106 billion. It is worth noting that in response to the market capitalization of Rivian exceeding $100 billion, Tesla Musk commented on the social platform: "I hope Rivian can achieve mass production and."

  Rivian goes public 2021-11-12
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  The debt is insolvent! Evergrande suffered a huge loss of 84 billion yuan in two years.

  Evergrande's report card has finally been made public! On the evening of July 26, Evergrande issued three consecutive performance reports, including the results for the year ended December 31, 2021, the results for the year ended June 30, 2022, and the results for the year ended December 31, 2022. The report shows

  Cars Evergrande losses products groups performance models liabilities Operations success Business Company Annual Cash Cash flow 2023-07-27