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  Li Xiang: it's time to say goodbye to seven consecutive years of loss-making operations.

  On November 1st, the official Weibo of ideal Automobile released the delivery data of ideal car for October. Subsequently, the Weibo post was forwarded by ideal car CEO Li Xiang and commented: the delivery of the ideal L8 will begin soon, and preparations for mass production in October will also be carried out for the ideal L8, ensuring that every city

  Ideal car loss model positioning new energy new car CUHK Q2 product price month price year income 2022-11-02
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  Jinbei Motor plans to transfer two loss-making companies, one of which is worth 1 yuan.

  In the face of performance losses, Jinbei Automobile, like many auto companies, sold its assets in order to protect itself. A few days ago, Jinbei Automobile issued two asset transfer announcements one after another, intending to transfer 100% equity of brilliance Automobile Golden Cup (Xixian New area) Industrial Park Co., Ltd. and Shenyang Jinbei Housing Development Co., Ltd. to Shenyang Automotive Industry Asset Management Co., Ltd., with a transaction consideration of 59.8793 million yuan and 1 yuan respectively. At present, both subsidiaries are in debt loss. According to the announcement, Xixian Industrial Park was established in 2015 and is a wholly owned subsidiary of the company. On the asset valuation base date 2018.

  Cars losses companies 2019-08-18
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  loss-making! A new force of car building laid off a lot of staff.

  In June 2022, Elon Musk, chief executive of Tesla, said bluntly that Lucid, a US electric car start-up, showed signs of bankruptcy and would go bankrupt unless it could slash costs. Now the start-up is laying off staff to cut costs

  Company USA Tess Tesla Automobile Market Electric Model Power Factory China cost loss luxury Vice President 2023-03-29
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  Yu Chengdong: automobile is the only loss-making business of Huawei. Eliminate fuel vehicles as soon as possible.

  On July 7, at the 14th China Automobile Blue Book Forum, Huawei Managing Director, Consumer Business BG CEO and Huawei Smart car solution BU CEO Yu Chengdong revealed that automobile is Huawei's only lossmaking business. Yu Chengdong said that Huawei has invested a lot in the automobile business, and every year

  Huawei Automotive Business Intelligence Brand Press Conference Mobile phone Technology Cooperation Resolution vehicle Consumer parts Manufacturing consumption 2022-07-08
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  More than 60 auto companies, 50% of their performance is expected to drop by 30% of their performance losses

  Under many unfavorable factors, such as the economic downturn in 2019, the upgrading of consumption, the continuous decline in the trend of domestic car sales, the subsidy retreat of new energy vehicles, and the switch from national five to national six models, the car market is generally rated as "the worst car market that car companies have ever taken." As of July 31, more than 60 listed automobile companies have successively disclosed their performance forecasts for the first half of 2019. Among them, the performance pre-decline accounted for 44.26% of the total number of enterprises, pre-increase, turnround and profit-making enterprises accounted for 24.59% of the total, loss-making enterprises as high as 27.87% of the reasons for losses, some companies pointed out in the statement of performance changes, subject to domestic macro.

  loss-making 2019-08-10
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  Daimler will cut 15000 jobs by vigorously cutting costs

  Daimler plans to announce an expansion of its cost-cutting plan at its annual press conference on Tuesday and will announce a reduction in investment in loss-making projects in non-core businesses, including plans to cut up to 15000 jobs, the German business daily reported.

  Daimler layoffs 2020-02-10
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  Lifan lost 2.6 billion yuan in the first three quarters.

  Domestic car companies opened the prelude to reshuffle, loss-making operation has become the norm. On October 25, Lifan released its third-quarter results report in 2019. In the first three quarters, the company achieved an operating income of 6.686 billion yuan and a loss of 2.633 billion yuan. Lifan shares lost 947 million yuan in the first half of this year, meaning that Lifan lost 1.686 billion yuan in the third quarter alone. Behind the operating loss is a sharp decline in Lifan's business. According to Lifan's September production and sales report, the company sold 22000 traditional passenger cars from January to September, down 72.25% from a year earlier; in the previous September, the company sold a total of 2035 new energy vehicles, year-on-year.

  Lifan car Lifan lost money Lifan's current situation 2019-10-26
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  The zero-to-whole ratio of 100 models is announced, Mercedes-Benz C-Class is really outrageous.

  As we all know, cars are large consumer goods and one of the investment projects with the highest rate of return. From the moment we pay the deposit, it is destined to be a "loss-making" business. Therefore, when choosing and purchasing vehicles, more and more consumers will not only pay attention to the product itself, but also pay attention to the brand value preservation rate of the product.

  Model price car maintenance accessories market coefficient Audi headlights cost different single piece commonly used index whole vehicle 2023-03-26
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  In the first half of the year, many car companies lost money, BBA bikes lost profits, but Toyota still made profits.

  The global region was hit by the COVID-19 epidemic in the first half of this year, and many multinational car companies suffered losses to varying degrees. However, according to the financial reports released by a number of multinational car companies one after another, under the influence of this year's epidemic, some car companies are still making profits. Porsche is still the most profitable car company, with a bicycle profit of nearly 10, 000 euros.

  Automobile enterprise 2020-08-18
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  Baowo, which has lost 4.1 billion yuan in three years, is now living a prosperous life after being abandoned by Fukuda.

  When it comes to the Bowo brand, most consumers do not know it. They have only heard of Baojun and Volvo brands, but they have never heard of Bowo! As an automobile brand born in the last century, Baowo also has a glorious history. According to public data, Shikar Bowo founded the Bowo car brand in 1919. At that time, Bowo was indeed a well-known car brand in Germany, with annual sales of more than 1 million vehicles at its best, once competing with Mercedes-Benz for the world. Later, Bowo suffered repeated setbacks. Due to declining sales, poor management and low product power, the overburdened Bowo was finally officially announced in 1960.

  Baowo Fukuda 2019-11-23
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  A number of large car companies made a profit, with a net profit of 17 billion yuan in the third quarter.

  Due to the impact of the COVID-19 epidemic, global automakers experienced a dismal first half of the year, resulting in a sharp decline in sales, operating income and profits, and even into a loss-making state of operation. In the second half of the year, a number of car companies are committed to sales growth, cost-cutting and other aspects to recover the losses in the first half of the year. According to incomplete statistics, including PSA, Daimler and other auto companies in the third quarter results showed varying degrees of growth. PSA Group: auto revenue grew 1.2% on October 28th, PSA Group (Peugeot Citroen) reported third-quarter results for 2020. During the reporting period, operating income fell 0.8% year-on-year to 15.

  Daimler Tesla 2020-10-29
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  The automobile manufacturing industry in Chongqing has plummeted, and many car companies are facing a crisis of survival at a loss.

  With the continuous recession of the automobile industry, the loss-making operation of domestic automobile companies has become the norm, and some joint ventures and independent brands have difficulties in survival, which leads to a reshuffle. Chongqing is one of the "China Automobile cities", which gathers many independent and joint venture brands and auto parts supporting industries, but the decline in sales and brand decline has led to a severe setback to the automobile industry. Today, CCTV Finance reported the operation status of Lifan Automobile, one of the representative automobile companies in Chongqing automobile manufacturing industry. The investigation found that Lifan Automobile production base was almost at a standstill, and employees were still in arrears. The financial report shows that Lifan shares lost 2.6 billion in the first three quarters. And Lifan is only Chongqing.

  Automobile manufacturing industry 2019-11-02
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  More than a dozen large car companies lost money, and this one lost 60 billion in half a year.

  Due to the impact of the COVID-19 epidemic, global automakers experienced a dismal first half of the year, resulting in a sharp decline in sales, operating income and profits, and even into a loss-making state of operation. According to incomplete statistics, more than a dozen automakers have reported losses in the first half of 2020, including Volkswagen, Renault, Nissan, General Motors, Volvo, Daimler and so on. Volkswagen Group: loss 11.5 billion July 30 Volkswagen Group announced results for the first half of 2020: sales revenue of Volkswagen Group was 96.1 billion euros, down 23.2% from the same period last year; pre-tax profit loss was 1.4 billion euros (about people.

  Automobile market automobile brand 2020-08-01
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  There is a serious overcapacity of Chinese car enterprises, and only 8 of them have more than 100% capacity utilization.

  China's car sales have declined for two years in a row, more and more automakers have fallen into loss-making operations, and the industry has accelerated its reshuffle. As a result, the problem of automobile overcapacity is becoming more and more serious. According to the latest statistics of the China Federation of passengers, the utilization rate of passenger car capacity in China has dropped from 66.55% in 2017 to 53.74% in 2019, and nearly half of the factory capacity is wasted. There are only 8 car companies whose market demand is greater than their factory capacity. Data show that China's passenger car sales reached 21.4444 million in 2019, down 9.6% from the same period last year. At the same time, there are 128 car companies that have the qualification of passenger car production of the Ministry of Industry and Information Technology.

  There is a serious overcapacity of Chinese car enterprises and only 8 of them have more than 100% capacity utilization. 2020-02-22
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  Summary of the results of domestic car companies in the third quarter, BYD Changan made a profit of more than 3 billion yuan.

  Affected by the COVID-19 epidemic, the performance of domestic automobile enterprises declined almost synchronously in the first half of this year, and loss-making operation has also become a common phenomenon. In the second half of the year, a number of car companies are committed to sales growth, launching more new cars to occupy the market, and performance has also recovered to varying degrees. In the performance statistics of a number of domestic auto companies in the first three quarters of 2020, the top five are SAIC, BYD, Great Wall Automobile, GAC GROUP and Changan Automobile, among which BYD and Changan both achieved simultaneous growth in revenue and net profit. SAIC Group: net profit fell nearly 20% according to SAIC's performance report, SAIC in the first three quarters.

  SAIC Volkswagen SAIC 2020-10-31
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  Renault's new logo is officially released, covering all models in 2024.

  Another car company announced a change of bid. On March 15, Renault released a new brand logo on its official WeChat. The new Renault logo uses a flat design, changing from the original three-dimensional design style to two-dimensional graphics, and the new Renault logo is made up of only two diamond-shaped broken lines. Officials say the new Renault logo will gradually be applied to Renault models and will appear in all new models to be launched next year, with a new logo on all Renault models by 2024. In fact, the new Renault logo was exposed a long time ago. In early January this year, Renault unveiled the mine for the first time when it released its Renaulution strategic plan.

  Renault 2021-03-16
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  The share price of Lucid hit a new low!

  Shares of Lucid, the new force of American car building, hit a new low, closing at $5.13, with a total market capitalization of $11.71 billion. It is understood that Lucid was listed on NASDAQ in July 2021, and its shares rose 10.64% on the first day, closing at 26.8%.

  Market China cars brands selling prices sales stock prices market capitalization models United States losses electric sales companies power 2023-10-08
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  Tesla is also optimistic about power exchange, and new "power exchange" projects have been added to the business scope.

  Tesla, as a leading brand in the field of electric vehicles, has always been emulated by other car companies. But recently, it has been found that new power exchange projects have been added to Tesla's business scope, which means that Weilai, which has always been the main promotion of electricity exchange technology, has been emulated by Tesla?

  Tesla 2021-02-28
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  Weilai Motor reported a loss of 11.3 billion yuan in 2019.

  Since the establishment of Ulai, sales have gradually increased, reaching a record high in 2019. However, according to the data that Xilai submitted its annual report to the US SEC a few days ago, the company's revenue loss expanded again, which means that the pace of loss has not been stopped.

  Weilai 2020-05-16
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  Bowo BX3 will be launched on December 20th, targeting a small SUV

  At present, the SUV of the Bowo brand includes BX7, BX5 and other products. In order to improve the product camp, Bowo will launch a new small SUV-- Bowo BX3, which will be officially launched on December 20. From the appearance of the new car, the Bowo BX3 follows the design language of the Bowo family, the forward air grille adopts straight waterfall design and fumigation treatment, and the diamond logo embedded in the center shows the atmosphere of the whole car. The new headlights are designed with a single lens, which is somewhat similar to the Bowo BX5. The side lines of the car body are relatively smooth, and the overall shape of the rear part is simple. In terms of size, the length, width and height of the new car are 4410mm.

  Bowo BX3 2019-12-18