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  Ford's performance suffered a serious setback, and Jim Farley, the new chief operating officer, rushed to take office.

  Ford announced that Jim Farley has been appointed chief operating officer of Ford Motor Company, responsible for Ford's global marketing and automotive operations, Ford's smart mobile travel and self-driving operations, and reports to Ford President and CEO Jim Hackett.

  Changes in Ford executives 2020-02-08
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  Mitsubishi's first-quarter operating profit plummeted 86%, while net profit fell 67%.

  On July 24, Mitsubishi Motors announced its first-quarter operating results, according to figures released as of June 30, Mitsubishi Motors operating profit plunged to 3.9 billion yen (250 million yuan), operating profit fell 86%. Meanwhile, operating margins shrank to 0.7 per cent from 5 per cent in the same period last year, while net income fell 67 per cent to 9.3 billion yen (590 million yuan). Meanwhile, revenue from Mitsubishi Motors fell to 536.2 billion yen (34.1 billion yuan) in the first quarter. Although profits and revenue all declined, according to the data released by it, the first quarter was in full swing.

  Mitsubishi first profit 2019-07-25
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  Several markets failed to meet expectations, and Mazda's operating profit fell 76% in the third quarter.

  Mazda reported results for the fiscal third quarter ended December 31, and its operating profit plunged 76% in the most recent quarter. Operating profit fell to 6.5 billion yen ($59.6 million) in the fiscal third quarter ended December 31, while net income fell 37% to 15.8 billion yen ($144.9 million). Judging from the announced results, Mazda's operating income and profits have declined, especially operating profit, which has fallen by as much as 76%, mainly due to varying degrees of decline in its sales in the global market. According to the sales figures announced by Mazda.

  Mazda Onksera. 2020-02-06
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  Operating at a loss, Rundong Automobile Group was filed for bankruptcy reorganization by creditors.

  After a substantial expansion of the automobile dealer group, as the market enters the stock competition stage, some dealers will also enter the survival status of operating losses, shutting down or selling their business. From the huge group selling stores to surviving, to Zhengtong Motors being forced to sell its stake because hundreds of millions of dollars in loans are difficult to repay, dealer groups have also begun to split into two levels. Now, another dealer group has had an accident. Rundong Motor, which ranked more than 20 in China in terms of revenue in the past, not only sold its stores substantially, but also was filed for bankruptcy reorganization by creditors because of overdue debt repayment. On August 25, Rundong Motor announced that a creditor had been in August 2020.

  Rundong Automobile car Dealer 4S Store 2020-08-25
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  The operating profit of Japanese brands fell across the board in the third quarter, and no one was spared.

  2019 has been a difficult year for any car company, as global car sales fell for the second year in a row and the biggest, with total global sales of 90.3 million vehicles down 4.3 per cent from a year earlier. Against this backdrop, many car companies have seen a decline in profits, including Toyota, the world's largest carmaker.

  Japanese brand 2020-02-08
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  Wei Lai's lifetime free power exchange was questioned, Zhu Jiang: an increase of 50,000 yuan in operating costs every day

  The storm of financial losses in Weilai continues, and articles and opinions that question Wei's operation can be found everywhere. A few days ago, some self-media said that Weilai's lifetime free change of electricity had shaken the revenue base of Weilai, and Zhu Jiang, vice president of Weilai, responded. On August 24th, 2019, Xilai announced that the first owners of ES8 and ES6 would be able to change electricity for free for life. Zhu Jiang responded by adding 50,000 yuan in operating costs every day. "Weilai launched free power exchange through business departments, financial departments and other joint repeated actuarial results. According to the current statistics of the actual operation of free power exchange, an average of 1000 users drive and change electricity free of charge every day. The electricity is changed at once.

  Weilai electricity exchange service Weilai loss 2019-10-12
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  The most profitable car company in the world? Kia's operating profit margin surpassed that of Tesla in the second quarter.

  On July 27, Kia released its operating results report for the second quarter of 2023. According to the report, Kia's sales in the second quarter were 26.24 trillion won (about 146.7 billion yuan), an increase of 20% over the same period last year; operating profit was 3.4 trillion won, an increase of 52.3% over the same period last year; net profit was

  Kia sales Market China Korean won Global Automotive growth profit Business sales second quarter report earnings profit margin 2023-07-30
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  Lifan is having a hard time, and so are its smart travel brands! The car used by Wanda was exposed that "no car is available" in Guangzhou.

  Following Tuge, immediate travel and other shared car platforms were exposed that the deposit is difficult to return, Lifan's Panda car also fell into the plight of the deposit is difficult to return, the current Panda car operation in Guangzhou site has been quietly offline. Recently, some media reported that Panda car has reached the point of "no car available" in Guangzhou. Log in to Panda car APP, and many sites in Guangzhou show that "there are no vehicles available at this station". Panda car customer service said that when it will be online has not yet received specific notice. Guangzhou is the first first-tier city operated by Panda. Data show that Panda car was officially put into operation in Guangzhou in January 2018, when it invested 10.

  Lifan car Wanda car deposit is difficult to refund. 2019-10-26
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  Geely Holdings / BYD car fined

  On November 20, the Anti-Monopoly Bureau of the State Administration of Market Supervision and Administration issued 43 administrative penalty cases in succession and filed and investigated 43 cases of operator concentration that had not been declared illegally in accordance with the law. After investigation, the above cases all violate Article 21 of the Anti-monopoly Law of the people's Republic of China and constitute a failure to declare the illegal implementation of operator concentration in accordance with the law, and it is considered that it does not have the effect of excluding or restricting competition. According to the antitrust bureau, Geely Holdings and BYD were punished. Baidu online Network Technology (Beijing) Co., Ltd. and Zhejiang Geely holding Group Co., Ltd. set up a joint venture that violated the anti-monopoly law and were fined 500000 yuan respectively. A document.

  BYD Geely 2021-11-20
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  Nissan will focus on the development of China, the United States and Japan and simplify operations in other markets.

  Nissan is planning a new development plan to deal with the turmoil of the company in recent years and the problems left over from the arrest of former chairman Carlos Ghosn, Reuters reported, citing sources. Nissan has focused its resources on the United States, China and Japan, and the plan is likely to be officially launched on May 28. This is not only a cost-saving plan, but also to rationalize the operation, redefine and focus on building the focus of the operation. The new strategy will address the problem of over-expansion of Ghosn, a former Nissan CEO. When Ghosn was in charge of Nissan, he took big measures to expand Nissan's sales and market.

  Nissan 2020-05-05
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  According to the results of multinational car companies in the first quarter, 80% of them showed a decline in revenue and profit.

  From the recent financial results disclosed by multinational car companies, it can be said to be "miserable". The operating income of multinational car companies in the first quarter generally has little impact, but the net profit has dropped sharply, including Ford, FCA, GM and other car companies. The results of the three American giants: Ford, GM, FCA Ford and FCA fell sharply in the first quarter, with Ford's operating income falling 14.9% to $34 billion and net profit plummeting 268.5% to-$2 billion. FCA's operating income fell 16.0% to $22.4 billion and net profit plummeted 43.3% to-$1.84 billion. At the end.

  Volkswagen Ford 2020-05-25
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  Baiteng issued an independent operation announcement, saying that "FAW's excessive intervention" was groundless.

  A few days ago, some media reported that Bi Fukang, the former Baiteng CEO, first exposed the reasons for leaving the company, saying that it had imposed excessive "control" after investing in the company because of excessive intervention by FAW Group. With regard to the news reported by the media, Baitang officially released today the "explanation on the recent foreign media reports on the independent operation of Baitang", which said that FAW respected the internal corporate governance of Baiteng and fully supported its independent operation. Relevant foreign media reports mentioned that "FAW Group pays homage to each other."

  Baiteng issued the announcement of independent operation right. 2019-09-25
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  Tesla butterfly steering wheel video exposure, netizens shouted: this operation is speechless

  Tesla

  Tesla 2021-06-28
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  "high-end luxury cars" should be cool! Zhongtai Automobile wears a hat after a huge loss of 11.2 billion yuan.

  On the evening of June 22, Zhongtai Motor disclosed its 2019 annual report showing that the company's revenue in 2019 was 2.986 billion yuan, down 79.78 percent from the same period last year, and its annual loss was 11.19 billion yuan, down 1498.98 percent from the same period last year. For the company's huge losses, Zhongtai Motors gave an explanation as follows: first, under the influence of the macroeconomic situation, the overall prosperity of the automobile industry is not high, the competition in the industry is becoming increasingly fierce, and the company's liquidity shortage and other factors have led to a sharp decline in the company's vehicle sales, falling short of expectations. Due to the sharp decline in sales, the company's operating income has dropped sharply, and operating costs have risen relatively, resulting in large operating losses. ...

  Zhongtai Automobile 2020-06-23
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  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
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  The performance list of domestic automobile enterprises was released, and revenue and profit fell collectively in the first half of the year.

  Entering 2020, China's automobile market continues to be in the doldrums further, coupled with the irreparable losses caused by the COVID-19 epidemic, the sales volume of domestic car companies has dropped sharply compared with the same period last year, and the decline in operating income and net profit has become a common phenomenon. however, with the improvement of consumption level after the epidemic, the performance of car companies has also begun to pick up. According to a number of listed car companies disclosed in the 2020 interim results summary statistics (ranked according to the level of operating income), more than 90% of car companies have a double decline in revenue and profit, even SAIC is inevitable. Judging from the list, the top five car companies are SAIC, BYD and Dongfeng set.

  BYD SAIC 2020-08-29
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  Li Bin: hope that Ulai will become one of the top five global automakers ​​​ in 2030.

  Recently, Li Bin, CEO of Xilai Automobile, said in an interview with German auto magazine Heise Autos: the next step of Lulai Automobile is to launch a sub-brand. The current demand for SUV is very high, but Xilai also sees demand for small cars, it said. As a result, a

  Cars brands sales global second quarter profit market model Li Bin market capitalization income operation business group loss 2022-10-13
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  Changan Ford takes over Ford Electric Horse's market operation in China.

  On August 1, Changan Ford announced that, in accordance with Ford's strategic transformation and business adjustment in the Chinese market, it would formally take over the operation of Ford Electric Horse in the Chinese market from today, and announced the first important measure after the business change. comprehensively upgrade Qualcomm's third-generation Snapdragon cockpit platform for all existing Ford electric horse owners

  Ford China Market Business Automotive Electric Company Changan Electric vehicle sales Mach Operation sales Intelligence Limited 2023-08-01
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  Volkswagen will set up an automotive software division to develop automotive operating systems

  According to Bloomberg, Volkswagen will set up a division called Car.Software, which will employ 500 experts this year, 2000 staff by 2020, and 5000 digital experts to be responsible for software development within the Volkswagen Group by 2025. At present, Volkswagen brand cars need to integrate as many as 70 control units, which operate software from 200 different suppliers, while Volkswagen uses systems with similar functions, such as infotainment and navigation. Volkswagen Software Division will also cover software.

  Cars Volkswagen operating systems 2019-06-19
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  Nissan's operating profit fell in fiscal 2018, affected by weak global sales and price cuts

  Nissan, Japan's second-largest carmaker, is in trouble, with profits falling for three years in a row. According to the latest news from Japanese media, Nissan released a results report that consolidated operating profit in fiscal year 2018 (March 2018-December 2018) was 313.6 billion yen, down 14% from the same period last year. It is also predicted that the consolidated operating profit for fiscal year 2018 (March 2018-March 2019) will fall 22% year-on-year to 450 billion yen (about 27.48 billion yuan), a decrease of 90 billion yen compared with the original forecast of 540 billion yen. It is understood that in the past year, Nissan.

  Automobiles Nissan Global 2019-02-13