NAV: AutoBeta Home > AutoBeta Popular content >

losing money Learn more about losing money

AutoBeta has retrieved the following content about losing money for you across the entire web.

• 

  Mazda has an operating loss of 3.3 billion for half a year and is expected to lose money for the whole year.

  After halving its profits last year, Mazda has not yet been adjusted in 2020. Hit by the epidemic, Mazda is losing money. A few days ago, Japanese carmaker Mazda reported that net sales fell about 34.6% from a year earlier to 1.12 trillion yen (about 7.056 million yuan), and an operating loss of 52.863 billion yen (about 3.33 billion yuan). Last year's operating profit was 25.811 billion yen. Affected by the epidemic, the company's car sales declined seriously, achieving global car sales of 578000 units in the first half of the fiscal year, down 20.8% from the same period last year.

  Mazda 2020-11-10
• 

  Nissan posted a nine-year low in fiscal 2019 and is expected to lose money for the first time in 11 years.

  Nissan announced a cut in its consolidated earnings forecast for fiscal year 2019 or its first net loss in 11 years, which could reach 85 billion yen to 95 billion yen (5.6 billion to 6.3 billion yuan), Kyodo news agency reported. Nissan had forecast a profit of 65 billion yen in fiscal 2019, but Nissan could lose money in fiscal 2019 due to continued low sales in the world's second-largest US market and the impact of COVID-19 's epidemic. It is understood that Nissan's last full-year loss was in fiscal year 2008, with a net loss of 233.7 billion yen. According to Reuters, Japanese car companies have a fortune of 2019 yuan.

  Nissan 2020-04-29
• 

  How long can the legal PSA Group hold out if it continues to lose money in China?

  PSA Group (Peugeot-Citroen) recently announced a profit for the first half of 2020, with a net profit of 595 million euros (about 4.876 billion yuan) attributable to the parent company. Under the continuing influence of COVID-19 's epidemic, the company is clearly in better shape than many carmakers. But at the same time, PSA Group's business in China is losing money. On August 3, Dongfeng Group issued an announcement, learning from the financial report of PSA Group that in the first half of 2020, the operating income of the company's joint venture Citroen Motor Co., Ltd. and Dongfeng Peugeot Citroen Motor sales Co., Ltd. was 3 billion yuan, a decrease compared with the same period last year.

  Citroen Automobile PSA Group Peugeot Citroen 2020-08-03
• 

  Two new ​ cars will be unveiled at Guangzhou Auto Show! Jidu CEO: we don't make money and lose money.

  Since Geely and Baidu jointly formed a joint venture, Jidu Motors, Jidu Motors has decided to launch its first new car in the next three years. On July 20, at the media communication meeting, Jidu Automobile announced the latest development of the new car. Jidu Motors said that its first car robot concept car-- ROBO- 01 production version of the model meter

  Cars companies Geely Yiping Media Smart Limited models driving Business products both parties Technology Co. Ltd. Industry 2022-07-20
• 

  Weilai held a conference call on its results. Weilai continued to lose money and its share price fell.

  According to media reports, Xilai Motor has announced that it will hold a conference call on second-quarter results at 20:00 Beijing time on Wednesday. Yesterday, after announcing the second-quarter results, Weilai cancelled the financial report meeting. Xilai Motor responded to the media, "the conference call is generally a supplement to the quarterly report, which we think fully covers the information that needs to be disclosed at present." If other important matters occur in the company, it will be disclosed again in the form of public announcement. " In the second quarter of 2019, revenue was 1.5086 billion yuan, down 7.5% from the previous month, while the net loss attributable to shareholders was 3.2858 billion yuan, compared with a loss of 6.11 billion in the same period last year.

  Weilai stock price Weilai performance conference call 2019-09-25
• 

  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
• 

  Sales of Japan's top seven car companies fell 7.3% last fiscal year, and most of them will lose money this fiscal year.

  Global car sales by Japanese automakers fell 30 percent in March as the COVID-19 epidemic spread around the world, Reuters reported. At the same time, with the deepening of the epidemic crisis, sales will decline further in the coming months. In March, seven Japanese carmakers sold 1.82 million vehicles worldwide, down 34 per cent from 2.77 million in the same period last year. Toyota sold 779151 vehicles worldwide in March, down 22.6% from the same period last year; Nissan sold 315194 vehicles last month, down 43% from a year earlier; and Mazda's March sales fell 33% to.

  Toyota Honda Mazda Nissan 2020-04-29
• 

  When Land Rover broke down on the same day, the 4S store refused to lose money: otherwise, the whole industry would be out of order.

  According to relevant media reports, Mr. Wang from Shenyang bought a range Rover and found something wrong with the car on the same day. The 4S store said after sale that it could repair the car for free, but could not meet the 5000 yuan compensation proposed by Mr. Wang, otherwise the whole industry would be in a mess. In June this year, Mr. Wang spent more than 800,000 yuan on a range Rover at the 4S store of Zunrong Lujie in Shenyang. As a result, he found that the faulty light was displayed on the dashboard on the same day, and the faulty light would turn on as soon as the vehicle started. Mr. Wang then drove the car to a friend's auto repair shop for testing, which showed a "heating oxygen sensor failure". All right.

  Land Rover 4S store 2019-07-28
• 

  BYD technology, Mercedes-Benz dealer sales! How can a brand with momentum continue to lose money?

  BYD and Daimler's joint venture "DENZA momentum" new energy vehicle brand, which has failed to make a profit for nine years, has been maintained by continuous capital increases and blood transfusions by both shareholders. On January 21, BYD announced that it would once again increase its capital to the Tengli brand, the amount of which reached 350 million yuan. According to the announcement, BYD's board of directors agreed to the company's holding subsidiary BYD Automotive Industry Co., Ltd. to increase the capital of Tengli New Energy by RMB 350 million. After the capital increase is completed, the proportion of shares held by the company through its holding subsidiary BYD Automotive Industry Co., Ltd. will remain at 50%. According to the regulations,.

  Momentum BYD 2020-01-22
• 

  1.55 million after buying Porsche for three months, the battery broke down in 4S store: it can be changed, but it doesn't lose money.

  1.55 million yuan to buy a Porsche sports car, driving for three months, there is a quality problem, the car owner asked to return the car, but was rejected by the 4S store. In September last year, Xiao Luo from Ningbo, Zhejiang Province, bought a Porsche Taycan 4S all-electric sports car with a landing price of 1.55 million yuan at the Porsche Center in Cixi, Zhejiang Province, but there was a problem shortly after the launch, according to the Xiaoqiang Hotline-Zhejiang Science and Education. According to Xiao Luo, the car, which has only driven 1700 kilometers, stopped on the road on December 30th, and then it will not start when it is started. The dashboard shows that the electrical system has malfunctioned. Then, Ronaldinho's car.

  Get 2021-02-06
• 

  Keep losing money! Cyrus: the expected loss exceeded 1.25 billion yuan in the first half of the year.

  Today, Selis released the annual performance pre-loss announcement for the first half of this year, according to the announcement: the official expects the net profit attributed to the owner of the parent company to be-1.39 billion yuan to-1.25 billion yuan. The net profit attributable to the owner of the parent company after deducting non-operating profit and loss is expected to be-1.93 billion.

  Sales volume Huawei cooperation models cars new energy both sides brands data losses performance company announcement net profit net profit 2023-07-15
• 

  BYD Wang Chuanfu talks about "Xiaomi building car": if you go in the wrong direction, it will waste money and time.

  Recently, at the Yabuli China Entrepreneur Forum, BYD Wang Chuanfu talked about "Xiaomi building cars": if you go in the wrong direction, it will be a waste of money and time. Wang Chuanfu said at the meeting that in fact, a lot of big names came in, and 5 billion was not worth the money. For example, Mr. Lei is going to invest 1000 billion. The key is to waste three years of your time. How much is it worth? You can't buy it with money. if the strategic direction of the enterprise is wrong, it may not count as much to lose 5 billion yuan, but you have lost three years, which is very important. Wang Chuanfu said: "there are so many players, who will survive?" There are three key points, the first is to have core competitiveness, and the second is to be very skilled.

  Xiaomi builds a car 2021-06-10
• 

  The more well-off cars are built, the more they lose money!

  In April 2021, Xiaokang shares announced a partnership with Huawei to build cars. The share price of Xiaokang shares soared from more than 22 yuan before the announcement to about 79 yuan, nearly tripling until the release of the new brand M5. According to the official release of M5 on December 23, the Huawei car-building concept did not make the share price of well-off rise further, but became the beginning of a series of falls in the share price of well-off shares. As of the Spring Festival holiday, the share price of well-off shares was 45.81 yuan per share, with a cumulative decline of nearly 40% compared with its peak in just over a month. It seems that Huawei's car-building concept is not the only positive direction.

  Financial report of well-off shares 2022-01-31
• 

  Seven new cars will be delivered in 9 years! FF is still losing money after its first income.

  Faraday Future (hereinafter referred to as "FF") announced its results for the third quarter of 2023 on November 13, US Eastern time. FF generated revenue for the first time, with car sales totaling $551000 (4.02 million yuan), according to financial data. FF is concerned about this

  Stage vehicle doctrine doctrine user input contract new car loss market target stock price capability model company 2023-11-14
• 

  Mercedes-Benz sent American NBA champion Zion S-class AMG caused controversy.

  It seems that the "hot spot" for Mercedes-Benz has never stopped, the incident in the Imperial Palace is still not over, and Mercedes-Benz has been pushed to a hot spot by losing 400 million yuan a year. However, Mercedes-Benz announced on its official social media account that it would give away a S63 sedan, the No. 1 winner of NBA, along with a photo of Zion's new car.

  Ideal Xiaopeng car 2020-02-19
• 

  Happy car is officially built!

  On August 22nd, Kaixin announced that it had completed the acquisition of MORNING STAR AUTO INC. (Maolinstad for short). After the completion of this transaction, Maolin Sida became a wholly owned subsidiary of Kaixin Automobile, marking the company's official entry into the field of new energy vehicle manufacturing. It is reported that Mullins

  Cars new energy used cars markets losses everyone enterprises dealers industries development capital business companies or China 2023-08-23
• 

  Sales are not good, smart withdrew from the United States and Canada at the end of the year

  The smart brand has been losing money since it was controlled by Daimler in 2000, with a cumulative loss of about 4 billion euros. Smart will withdraw from the United States and Canada because of poor sales. Daimler Group announced that the smart brand plans to withdraw from the United States and Canada by the end of this year, mainly due to a serious decline in overall sales of mini cars in these regions and a continued downturn in sales of smart models. After smart withdraws from the United States and Canada, smart owners will serve their vehicles at Mercedes-Benz dealerships. Since 2017, sma...

  Sales volume USA 2019-04-30
• 

  To strengthen marketing, Chinese and French shareholders will invest a lot of money to help DPCA

  PSA Group (Peugeot Citroen) joint venture in China's market performance is getting worse, after the decision not to withdraw, PSA Group plans to provide a sum of money to help DPCA tide over the difficulties. Recently, Chen Bin, the new general manager of DPCA, said at the media meeting that PSA will allocate a large sum of money to support DPCA to ease the financial pressure, this part of the money will mainly be spent on marketing, the use is not restricted, at the same time, Dongfeng Motor will also provide a large amount of financial help to DPCA. In Chen Bin's view, the move shows the support of both shareholders for the Dragon and will not allow it to remain in the doldrums. "the dragon is to life and death.

  Dragon car PSA 2020-09-27
• 

  In 2018, Didi made a cumulative loss of 10.8 billion for the whole year, and driver subsidies totaled 11.3 billion yuan.

  Recently, financial data for 2018 were released inside DiDi. The data show that DiDi lost as much as 10.9 billion yuan in 2018, of which 11.3 billion yuan was invested in driver subsidies. The authorities have yet to respond to the news. 2018 has been a tough year for DiDi. Competition in the domestic ride-hailing market has entered a white-hot stage. Before Meituan, Volkswagen and other car-hailing companies entered the domestic ride-hailing market. The 2018 ride-hailing market is a war of "burning money". It is a year of losses for most enterprises that enter the ride-hailing market. As early as last September, DiDi Chuang.

  Driver subsidy loss DiDi 2019-02-13
• 

  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