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Great Wall and General Motors jointly announced on February 17 that Great Wall will acquire GM's Royong manufacturing plant in Thailand. According to the agreement between the two sides, Great Wall will acquire General Motors Thailand, including the Luoyongfu car plant and the powertrain plant, and the two sides plan to complete the deal and final transfer by the end of 2020. however, the relevant agreement still needs to be approved by the government and regulators. Thailand Royong manufacturing plant is GM's vehicle manufacturing plant which was put into use in 2000. Since it was put into production, it has produced nearly 1.4 million cars. The factory mainly produces pickups and SUV models.
Since Great Wall launched the strategic goal of the global market, it has wantonly accelerated its plans to invest in factories around the world. Following the completion of Great Wall's first wholly-owned overseas manufacturing plant last year, it has been reported that Great Wall will sign a formal equity acquisition agreement with General Motors in Bangkok, Thailand.
On Aug. 16, according to media reports, South Korean carmaker Hyundai Motors reached an agreement with US auto giant General Motors to acquire GM plants in India. It is understood that Hyundai has signed an agreement to acquire General Motors through its wholly-owned subsidiary Hyundai Motor India Co., Ltd.
Although the number of new cases of the COVID-19 epidemic is decreasing, the impact of the epidemic on the upper, middle and lower reaches of the automobile industry continues. According to media reports, due to the impact of the epidemic, a number of domestic parts manufacturers stopped production, resulting in a shortage of spare parts. Hyundai Motor Group's first factory in Ulsan, South Korea, announced on the 17th that it would officially resume work one day later, and the second plant in Ulsan was scheduled to stop work for one day on the 21st, and the Yashan plant would also face a shutdown again. In addition, the shutdown of Kia's Guangming plant in Gyeonggi Province and the third Gwangju plant in South Korea will also be extended to the 21st of this month. Earlier, Hyundai Group announced that due to Zero from China.
Since February 10, the production of domestic automakers and parts suppliers has gradually resumed, but due to the impact of the epidemic, slow supply and other problems, more and more automakers have to announce the suspension of production. Nissan will temporarily suspend production at its manufacturing plant in Kyushu, Japan, due to disruptions in auto parts purchased from China, according to Japanese media reports. It is also the first Japanese carmaker to be forced to stop production because of the pneumonia epidemic. Nissan's Kyushu plant, which mainly produces "Serena" and "X-Trail" models, produces about 430000 cars a year, half of which is for Japan's domestic market.
As of February 18, the return rate of China's auto industry has exceeded 75%, according to the China Association of Central Futures Association. As of Feb. 24, the overall efficiency of returning to work in 4702 4S stores across the country was only 14.83 percent, according to the China Automobile Circulation Association. With the weakening of the epidemic situation of COVID-19, the major automobile enterprises have resumed work one after another. According to rough statistics, SAIC-Volkswagen Anting plant, Yangzhou Yizheng plant and Changsha plant announced the resumption of work on February 24, as did Toyota plants in Guangzhou, Changchun and Chengdu. In addition, SAIC GM and other auto companies have announced to open the resumption mode, related parts production.
With the expansion of the pneumonia epidemic infected by novel coronavirus, more and more automakers are further delaying their return to work. Japan's Honda said Sunday that its car manufacturing plant in Wuhan, Hubei province is expected to resume production after the 17th, Kyodo news agency reported. Honda Vice President Seiji Kurashi said at a press conference in Tokyo on the 7th: "We will confirm the safety of employees, the supply of spare parts, and so on, so as to prepare for the resumption of work on the 17th." Affected by the epidemic and the disruption of the supply chain, the phenomenon of production delays among automobile manufacturers is becoming more and more common. Toyota Motor Company said on the 7th that it was considering places and places.
The epidemic, lack of cores and rising prices of raw materials have seriously restricted the production and sales of global auto companies. However, it never rains but it pours. A 7.4-magnitude earthquake struck near Fukushima prefecture at 22:36 (Beijing time) on March 16. After the earthquake, the Tohoku Shinkansen derailed and a large-scale power outage occurred in the Tepco area. According to the Japan Meteorological Agency, there is expected to be a tsunami risk of up to 1 meter. Affected by the earthquake, Toyota said it would suspend production at 11 factories and 18 production lines from Monday to Wednesday, according to a new report from Bloomberg. In addition, Subaru also said that production at three factories in Gunma County will be suspended today and March 21. ...
Today, Faraday Future Faraday will release its latest global manufacturing strategy, which mentions that the flagship FF 91 will be built at its 1.1 million-square-foot plant in Hanford, California. The infrastructure in the Hanford plant is already capable of mass production and will greatly reduce production costs and delivery time, officials said. It also said the plant has a capacity of about 10000 vehicles per year and is expected to start production within 12 months after the completion of the merger of FF and PSAC. In addition, FF teamed up with Ware Malcomb, an architectural design company, to fight.
The shortage of chips continues to worsen. Ford Motor has confirmed that within a week from February 7, production will be suspended at eight of its North American plants, including Michigan, Illinois, Missouri and Mexico. Even factories that do not stop production will reduce overtime or shifts, including the suspension of Ford Bronco and Explorer SUV models; Ford FMI 150 and Ranger pickup trucks. Ford Mustang Mach-E and Lincoln pilot SUV.
Honda has decided to close its car manufacturing plant in Swinton in southwest England by 2022, which will directly lead to the unemployment of 3500 employees at the plant and deal a blow to the British government's goal of "maintaining good domestic manufacturing" after Brexit, British Sky reported. It is reported that although Honda has decided to close its factory in the UK, it will still keep its European headquarters in Blacknier and maintain its Formula one racing team in the UK. Honda is expected to formally announce the news as soon as the 19th. Honda Swinton factory mainly produces Civic five-door hatchback and CR....
In June this year, Great Wall Automobile's first wholly-owned overseas manufacturing plant, the Great Wall Automobile Russian Tula Plant (hereinafter referred to as "Tula Plant"), was officially completed and put into production. Great Wall Automobile Harvard F7 went offline and listed overseas. On the same day, China Great Wall Motor Company, which opened a factory and put into production in Tula, intends to sign a special investment contract with the Russian Ministry of Industry and Trade. The document pointed out: "during the 2019 St. Petersburg International Economic Forum, the Tula state government, the Russian Ministry of Industry and Trade and the Great Wall Automobile subsidiary plan to sign an agreement of intention to conclude a special investment contract." Plan to build internal combustion engine, automatic transmission production plant, at the same time make chassis,.
The acquisition plans of "Fujikang" and "electric car startup Lordstown Motors" have finally ushered in new developments. On May 12th, a number of media reported that Foxconn bought electric vehicle startup Lord at a purchase price of $230 million.
Affected by previous Western sanctions on Russia and the escalation of the situation in Russia and Ukraine, including Renault, Toyota, Nissan and other manufacturers have withdrawn from the Russian market, resulting in the suspension of production in many local factories in a vacant state, but according to media reports, a number of automakers have entered their Russian factories
According to print media reports such as NDTV in New Delhi, Ford Motor India reached a severance compensation agreement with workers at its factory in Tamil Nadu, India, after it announced the closure of its Indian plant last year, with each employee receiving an average salary of 62 months. According to the report, Balasu, the transformation officer of Ford India,
Recently, cars around the world have encountered the universal problem of "lack of core". Many car companies have announced to stop or reduce production because of the loss of chip supply, especially for multinational car companies. General Motors has announced that it will suspend operations at most North American plants from next Monday due to global chip shortages and will make further adjustments in line with the progress of the supply chain, according to the Financial Associated Press. GM said that apart from the production capacity of the Arlington assembly plant in Texas (which produces a high-margin full-size SUV), Flint assembly plant (heavy truck), Bowling Green (Corvette sports car) and some Lansing assembly plant (Chevrolet Comero, etc.), the rest.
On Nov. 10, Foxconn announced that it would buy a car assembly plant in Ohio for electric car startup Lordstown Motors (Lodstown Motor) for $230 million. Foxconn expressed the hope that through this partnership, it will be able to produce fully automatic trucks. It is understood that the car factory previously belonged to GM, and Lordstown Motors bought it from GM in 2019. But now, as Lordstown Motors is in a cash-strapped stage, the factory is sold for the company.
In February, Honda announced that it would close its UK plant in 2022, and now Honda will close its Turkish car plant in 2021, following in the UK. Honda announced on April 8th that it would provide re-employment and other support to about 1100 employees after the closure of its factory in Turkey in 2021. Honda's sales business in Turkey will be maintained. Due to the fierce competitive environment, the production base of pure electric and hybrid vehicles, which are seen as a source of future profits, plans to move from Europe to Japan and China. Honda mainly produces Civic models at its plant in Turkey, with an annual production capacity of about 38000 vehicles.
Affected by the COVID-19 epidemic, Japanese carmaker Mitsubishi Motors was forced to stop production. Mitsubishi Motors said on April 5 that due to the COVID-19 epidemic, the production line of Mitsubishi Motors' main Japanese plant Okazaki (Okazaki City, Aichi Prefecture) would be suspended from April 11 to 15 for a total of five days. Mitsubishi Motors Japan Okazaki Manufacturing Institute factory is located in Okazaki City, Aichi Prefecture, established in 1977, mainly produces Mitsubishi Motors' main SUV model "Olande". As for the reason for the shutdown, Mitsubishi Motors said it was due to the spread of the COVID-19 epidemic and the closure management in Shanghai (the Shanghai factory is a supplier of some Mitsubishi auto parts).
With the Belt and Road Initiative Summit Forum on International Cooperation held last month. Great Wall Motor will be officially completed and put into production at the Russian Tula plant in early June. As the first model of Great Wall Automobile to be put off the line at an overseas full-process vehicle manufacturing plant, the Harvard F7, the new car will be put on sale in Russia. The move also means that China's auto industry is changing from a big manufacturing country to a manufacturing power. This year coincides with the 70th anniversary of the establishment of diplomatic relations between China and Russia, and great progress has been made as a "made in China" relying on "Belt and Road Initiative", which has also become a witness to the further deepening of Sino-Russian cooperation. The Russian Tula factory not only shows the globalization progress of Great Wall Motor, but also.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
CEO resigns! Northvolt filed for bankruptcy protection
Discontinued! Volkswagen recalls 16,000 imported beetles
The latest progress! Xiaomi SUV will be launched in the first quarter of next year
BYD acquires Nilai? Both sides responded urgently
So big!!! The first official map of Zun Jie released
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