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On the evening of June 18, Zhongtai Motor issued a revised announcement of its 2019 results, showing a loss of 10.8 billion yuan to 11.5 billion yuan in 2019, compared with an estimated loss of 6 billion yuan to 9 billion yuan, compared with a profit of 800 million yuan in the same period last year. As for the reasons for the performance correction, there are mainly the following two points: ① is affected by factors such as COVID-19 's epidemic situation, and the company's cash flow is further affected. Due to financial constraints, the management of the company adjusted the original resumption plan according to the actual situation, adjusted some of the reproduced models and reduced the reproduction output, and the recoverable amount of the calculated production line was lower than its book value, resulting in some.
Typhoon Lekima made landfall in Zhejiang on Aug. 11, causing natural disasters in many places and causing heavy losses. it was also the strongest typhoon to make landfall in China since 2019, including flooding in Linhai, Taizhou City. After the typhoon, a large number of water trucks need to be disposed of, and many open spaces have become temporary parking lots for insurance companies, and water trucks and scrap trucks have been transported here. The temporary parking lot of one of the shipyards is packed with cars, most of which are scrapped, and there are six or seven such places near the sea. The insurance company initially estimated that this time more than 10,000 scrapped vehicles were scrapped only in the coastal area due to total loss of water. There are media on-the-spot inspection of the scene, in the river.
Faraday said in a regulatory announcement last night that the delivery time of FF91 cars has not yet been determined and is not expected to be in 2022, according to the Financial Associated Press today. Additional funds are needed after 2022 to support FF91 production in order to break even cash flow.
On August 29, according to the Hong Kong Stock Exchange, zero-running cars were listed on the Hong Kong Stock Exchange. This also means that zero-running cars may become the fourth new car-building force to land on the Hong Kong Stock Exchange after Wei Xiaoli. According to an earlier announcement on the official website of the CSRC, the CSRC approved the issuance of no more than 291 million shares of zero-running cars overseas.
Under the continued impact of the COVID-19 epidemic, a number of international car companies announced quarterly losses in 2020, including Volkswagen, Nissan, General Motors, Daimler, Renault and more than a dozen others, with operating losses in the first half of the year or the first quarter of the fiscal year. A few days ago, a number of car companies announced financial results, BMW, Honda, Mitsubishi, Jaguar Cool Tiger and so on also fell into losses. The impact of stagnant global sales on the performance of car companies has expanded further. BMW .jpg "/ > BMW: loss of 1.9 billion yuan according to BMW Group's second-quarter results, BMW posted a net loss of 230 million euros (about 1.9 billion yuan) in the second quarter, compared with the same period last year.
According to foreign media reports, Nissan plans to sell some or all of its 34% stake in Mitsubishi Motors because the COVID-19 epidemic caused Nissan a loss of 20.8 billion yuan in the first half of the year and is expected to lose 38.7 billion yuan for the whole year. Nissan may sell some or all of its shares in the face of a depressed business environment, the report said. Since Ghosn's arrest, Nissan has been in a turbulent situation, and the sudden outbreak of COVID-19 has brought irreparable losses to Nissan. The sudden drop in demand for new cars, dealer closures, factory shutdowns and supply chain disruptions have brought uncertainty to Nissan's development. In May this year.
Today, Faraday Future Weibo released its fourth quarter and full-year results for 2022, according to relevant data: the net loss of FF in the fourth quarter of 2022 was $153.9 million, compared with $84.3 million in the same period in 2021, an increase of $69.6 million. The cause of the loss
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.
On the evening of January 16, * ST seahorse issued a 2019 performance forecast. * ST seahorse expects the 2019 performance to turn into a profit, with a net profit of 90 million yuan to 130 million yuan for shareholders of listed companies, compared with a loss of 1.63 billion yuan for the same period in 2018. Against the background of a sharp decline in car production and sales, the shares of listed companies have been given a "delisting risk warning", and the shares of Haima have been changed to "* ST seahorse". Seahorse is expected to retain its shell successfully by selling idle real estate, transferring the shares of its subsidiaries and turning losses into profits through government subsidies. Sell idle real estate seahorse cars respectively.
Over the past month or so, a set of data showing a decline in China's auto industry in 2018 has become the focus of the topic. China's automobile production and sales in 2018 were 27.809 million and 28.081 million respectively, down 4.2 per cent and 2.8 per cent respectively compared with the same period last year, the first annual decline in 28 years. In this environment, from the 14 listed vehicle companies that have announced their 2018 performance forecasts, it is found that only 4 have achieved year-on-year growth, while the remaining 10 have declined, or even dropped sharply. In addition, a total of three car companies reported operating losses. A number of car companies have said that the decline in performance is related to.
According to foreign media statistics, NIO, which is known as "Tesla of China", has been established for four years since 2015. However, over the past four years, the loss of Lulai has reached Tesla's cumulative loss of 15 years, about 5 billion US dollars. After 4 years of development, there is not only no "hematopoietic function", but the loss is still continuing. Some analysts believe that Xilai will lose another 2.6 billion yuan ($369 million) in the second quarter, or about $4 million a day, bringing the company's cumulative loss since its inception in 2014 to about $5.7 billion. According to Weilai Automobile.
On August 16th, Faraday released its financial results for the second quarter of 2022. According to the financial results released, Faraday's operating loss in the second quarter of 2022 was about $137 million, compared with about $28 million in the same period last year, while the net loss increased to about $142 million (about 963 million yuan).
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.
Evergrande announced on August 9 that it is expected to record a net loss of about 4.8 billion yuan in the first half of the year, compared with a net loss of about 2.45 billion yuan in the same period last year. The loss is mainly due to the company is still in the investment stage, the purchase of fixed assets and equipment, technology research and development and other expenses have increased. Today, Evergrande Motor traded at HK $12.7 per share, with a total market capitalization of HK $124.1 billion. Some professionals believe that the R & D investment in the early stage of the new energy vehicle industry is huge and the return cycle is long, so the vast majority of new energy vehicle enterprises are still at a loss stage. According to Evergrande previously disclosed, Evergrande in the new energy vehicle industry cumulative investment of 4.
With the continuous increase of the number of new energy vehicles in China, integrated vehicle insurance products are difficult to fully meet the risk management needs of new energy vehicles. It is also imperative to introduce relevant insurance clauses and products for new energy vehicles. According to the relevant data, the number of new energy vehicles in China has reached 6.03 million from January to June in 2021, and this number is expected to increase by 2030. A few days ago, the China Insurance Industry Association issued a notice of "soliciting opinions on the exclusive terms of commercial insurance for new energy vehicles". The contents of which are described in detail for the insurance loss clauses concerned by the owners of new energy vehicles. For cars.
Intensified by the impact of the declining automobile market for two consecutive years and the novel coronavirus epidemic, it is normal for most car companies to decline in sales in the first half of this year, and it has been expected to make performance losses. However, unlike other car companies, many car companies can still be supported by some sales under the crisis, while Haima Motors and Zhongtai Motors, two "marginal" car companies that are the first to issue performance forecasts, have caused the company's "huge losses" in the first half of the year as a result of the suspension of production.
"due to the addition of intelligent summoning function to Tesla's latest version of the in-car system, the price of Full Self Driving in Autopilot autopilot will increase by $1000 on November 1," Tesla CEO Musk said on Twitter on October 12. (about 7089 yuan) "it is understood that Tesla updated and upgraded the electric vehicle software some time ago, the biggest update of which is the addition of the function of" intelligent summoning ". Tesla said that this software update is the biggest update in Tesla's history, when the car is in his line of sight.
After Fiat Chrysler Group (FCA) and France's Peugeot Citroen Group (PSA) reached a merger plan, Dongfeng Motor, the third largest shareholder of PSA Group, chose to reduce its stake in PSA to help PSA and FCA merge smoothly. It is understood that Dongfeng Motor holds a 12.2% stake in PSA Group, worth about 2.2 billion euros. After FCA and PSA set up a new company, Dongfeng Motor will have a 4.5% stake in the new company. Lu Haitao, deputy general manager of the strategic planning department of Dongfeng Motor Group Co., Ltd., responded to the reduction of PSA shares, saying that Dongfeng has always supported PSA and F.
2020 has passed, a number of domestic car companies have released the latest performance forecasts for the past year. According to the forecast of the published annual report, thanks to the implementation of relevant policies to stimulate the market, it recovered rapidly in the second half of the year, but due to the disruption of production and sales caused by the epidemic in the first half of the year, many car companies still suffered substantial losses. First, let's take a look at Great Wall Motor and Chang'an Automobile. Great Wall Motor released its annual results on January 25, KuaiBao showed that the total revenue of Great Wall Motor in 2020 was 103.283 billion yuan, up 7.35 percent from the same period last year, and the net profit belonging to shareholders of listed companies was 5.392 billion yuan, up 19.90 percent from the same period last year. A brand new product.
Typhoon "Lekima" made landfall in Taizhou, Zhejiang Province in mid-August, causing many natural disasters and heavy losses. After the typhoon, a large number of flooded vehicles need to be disposed of, and many open spaces have become temporary parking lots for insurance companies, and flooded cars and scrapped vehicles have been transported here, of which more than 10,000 vehicles have been completely damaged in Linhai, Taizhou, and the temporary parking lot of a shipyard is full of flooded cars or scrapped cars. It is understood that these scrapped vehicles with total loss due to water intake will be entrusted by the insurance company to a third party for sale after determining the total loss. A few days ago, these flooded cars in Linhai, Taizhou were auctioned on the Internet. A Toyota Lei Ling double engine starts at 50,000 yuan, and Toyota Hanlanda starts bidding.
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
Benchmarking Song PLUS! Geely Galaxy Starship 7 released
Nilai also wants to make a range-extending car? No official response
Mitsubishi Nissan will establish a joint venture company!
Changan Automobile's October sales announced!
Volkswagen China CEO responds to layoffs: no longer blindly pursues market share
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