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  A number of mainstream car companies announced sales in April, and polarization has taken shape.

  Under the dual influence of the overall decline of the automobile market and the epidemic situation since 2020, the domestic automobile market finally ushered in some signs of market recovery in April. According to the data disclosed by a number of car companies a few days ago, many car companies have grown to exceed the performance of last year's "no epidemic", but at the same time, some models are still recovering, so that the market is polarized.

  Automobile enterprise 2020-05-08
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  SAIC Volkswagen employee pay cut, linked to the company's performance

  In 2020, the automobile industry has suffered unprecedented difficulties due to the continuing impact of the epidemic. In order to reduce the burden, enterprises have launched layoffs and pay cuts, and put forward plans that corporate performance is positively related to the personal income of employees. Under the circumstances, SAIC became the first large auto company to announce a pay cut. It has been pointed out that SAIC Volkswagen, the largest seller of SAIC Group, has begun to reduce its salary. A plan posted online is that "SAIC Volkswagen will abolish double salary, with the basic salary reduced by 25% for management and 15% for employees. The overall drop is about 40%," industry insiders said. "SAIC-Volkswagen is already a leader in the industry, and the situation is grim. ...

  SAIC Volkswagen automobile industry 2020-03-16
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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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  The car market is bleak! 70% of the net profit of auto parts enterprises has declined, and it is necessary to make a transition.

  In the face of the continuous decline of the auto market, the same is true of domestic auto parts enterprises. About 130 domestic auto parts listed companies in A-shares have released their first-half results. Among them, the company's performance fell by more than 70%. In the first half of this year, the auto parts industry as a whole performed poorly, with 77 companies, accounting for 59.23 per cent of revenue decline year-on-year, compared with only 28 companies, accounting for 21.54 per cent, last year. In addition, the net profit of 130auto parts companies in the first half of this year was 21.198 billion yuan, compared with 26.337 billion yuan in the same period last year, down 19.

  Cars transformation profits decline 2019-09-09
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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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  The first large auto company to announce a pay cut, SAIC employees' pay reduction documents have been revealed.

  China's automobile market has entered the third year of decline in sales, the dismal market environment and the continuing impact of the epidemic, further disrupt the rhythm of the normal operation of the industry, comprehensive multiple factors, the survival of the fittest has become an inevitable trend. In this case, a number of car companies plan to minimize the impact of adverse factors, and even consider how to "survive", the industry is about to usher in a round of pay cuts. SAIC Datong Automobile Co., Ltd. and the technology center of SAIC will implement the latest pay cut, mainly by reducing the proportion of employees' monthly performance bonuses from March, according to documents posted online. In this share of SAIC Chase's 2020 salary and.

  Automobile SAIC 2020-03-06
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  There will be only five or six Chinese car companies left, with the rest shutting down or mergers and acquisitions.

  A number of auto executives have predicted that 50% of China's autonomous car companies will fail in the future, while Zhu Huarong, president of Changan Automobile, believes that there will be only five or six Chinese car companies left. During the Guangzhou auto show, Zhu Huarong said that he had predicted three years ago that "the closure and merger of enterprises within three or five years is not news." in the next three years, more enterprises will close and merge, and eventually there will be "only five or six Chinese car companies left." Entering 2019, China's car sales continue to decline, the industry environment continues to deteriorate, automobile enterprises have operating difficulties one after another, performance has declined to losses, stop production and arrears of wages emerge one after another, some enterprises sell land to sell qualifications, and even enter the merger.

  Automobile industry 2019-11-28
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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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  Financial report of car companies: BYD has become the most profitable car company

  Recently, domestic automobile companies have released their financial results for 2022 one after another. Among the annual reports of 20 A / H-share listed companies counted by "Automotive Industry concern", including SAIC, Jianghuai Automobile, Dongfeng Automobile, brilliance China and Zhongtai Automobile, both revenue and profit have fallen, especially SAIC.

  Automobile Group SAIC Group loss sales growth Company net profit net profit Biya Market Industry Great Wall Dongfeng Enterprise 2023-05-02
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  Eleven motor vehicle companies were punished and stopped production and sales.

  The Ministry of Industry and Information Technology issued the latest penalty decision, imposing administrative penalties on 11 motor vehicle manufacturers. It is understood that from August to December 2018, during the special inspection of vehicle production consistency in 2018, the Ministry of Industry and Information Technology found that some of the products of the above-mentioned enterprises did not comply with the relevant provisions on production consistency management in the Management of Road Motor vehicle production Enterprises and products Bulletin. Order these 11 enterprises to stop producing and selling illegal products, and cancel the product "announcement"; carry out a 6-month rectification, suspend the qualification of the "announcement" for new product declaration during the rectification and reform period, and the Ministry of Industry and Information Technology will check and accept the rectification situation after the rectification and reform is completed.

  administrative sanction 2019-10-08
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  2021 Fortune 500 auto industry

  On August 2, Fortune Chinese released the latest Fortune Global 500 list in 2021. As one of the most authoritative and concerned enterprises in the world, the Fortune 500 list has always been based on the operating income and profits of enterprises. According to statistics, the total operating income of the enterprises on the list in 2021 is about 31.7 trillion US dollars, and the total profit is 1.6 trillion US dollars. Listed car companies play an important role in the automobile industry. According to official data, of the 33 automakers and parts suppliers on the list this year, 23 are vehicle manufacturers, with a total of parts suppliers.

  Toyota Honda 2021-08-02
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  2020 Fortune China Automobile Industry list

  On July 27, Fortune China released the latest Fortune China 500 list, which takes into account the performance and achievements of the world's largest Chinese listed companies over the past year. A total of 23 companies were on the list in the automotive and parts industry, an increase of one compared with last year. Of the 23 carmakers and parts suppliers on the list this year, 18 are vehicle manufacturers and five are parts suppliers, two of which are involved in the field of vehicles and parts, according to official data. According to the specific list, the top three enterprises are SAIC, Beijing Automobile and Weichai Power.

  Geely car 2020-07-27
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  The net profit of auto parts companies has declined, and low profits may become the norm.

  Affected by the depression of the automobile sales market in the first half of this year, as the upstream industry of vehicle manufacturing, the performance of auto parts enterprises also showed a large-scale decline. Not long ago, the overall decline in the ranking of auto parts companies in the Fortune 500 list released by Fortune magazine proves that it is an indisputable fact that the auto parts industry is collectively backward. According to this year's Fortune 500 ranking, there are 10 auto parts companies on the list this year, of which seven have declined to varying degrees, except for two that have risen slightly and one that remains unchanged. Judging from the list data, except for Bo in the first half of this year.

  Cars profits decline 2019-07-28
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  The Ministry of Industry and Information Technology formally interviewed 24 illegal car companies, and the most stringent result was to withdraw the declared products.

  In order to strengthen the management of the automobile industry, improve the level of production consistency, and ensure the quality and safety of road motor vehicles, the Ministry of Industry and Information Technology interviewed relevant illegal enterprises a few days ago and dealt with them. The car companies involved in violations are all 24 traditional automobile production enterprises that have violations in the previous supervision and inspection.

  Ministry of Industry and Information Technology 2021-02-04
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  The automobile industry is bleak, with more than 30 automobile and parts companies listed as difficult enterprises.

  Sales in China's auto market fell for the 12th month in a row, as prices cut and inventory clearance finally saw a year-on-year increase in sales in June, followed by an early consumer overdraft that led to a further decline in July. The cumulative sales of passenger cars in China from January to July reached 11.44 million, down 8.8 per cent from a year earlier, according to the Federation of passengers. Gone are the days when the auto industry lay to make money, and some joint ventures and independent brands have difficulties in survival. 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 sharp decline in the auto industry. A few days ago, Chongqing Liangjiang new area hair.

  Ford Automobile Government Changan many 2019-08-11
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  The annual ranking of car companies is basically confirmed, and the sales of these companies have dropped sharply.

  After the first 11 months of 2020, the ranking of passenger car manufacturers' sales has also been officially announced, accounting for half of the rise and fall in the top 15 list, with a big change as a whole. Even if the sales volume in the last month is uncertain, the current annual ranking can basically take shape. On the whole, North-South Volkswagen and SAIC General Motors occupy the top three positions unchanged, the performance of the three independent car companies is eye-catching, Japanese car companies basically achieve year-on-year growth, joint venture luxury car enterprises grow faster. In the top 15 list, only SAIC-Volkswagen, SAIC-GM Wuling and Beijing Hyundai fell far more than the market average. (FIFA data) the top three remain unchanged if there is no accident, FAW-Volkswagen, Shanghai.

  Automobile market automobile company 2020-12-09
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  Gift Statistics of Dragon Boat Festival car Enterprises in 2020: BAIC distributed 1000 yuan in cash

  ​ may have had a significant impact on the profits of major car companies since it entered the environment of poor overall market performance in 2020 and the impact of the epidemic. However, as an annual traditional festival, major domestic companies will issue some employee benefits as condolences. A few days ago, a list of Dragon Boat Festival benefits for employees of major enterprises was circulated on the Internet.

  Automobile enterprise 2020-06-24
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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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  The two "marginal" car companies suffered huge losses in the first half of the year, with a maximum loss of nearly 1 billion yuan when they stopped production.

  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.

  Automobile enterprise 2020-07-15
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  Another car company has been acquired!

  According to the official Weiwei of Weiqiao Venture Group, the flag-raising ceremony was held at the headquarters base of Beijing Automobile Factory in Qingdao for the first time after Weiqiao Venture Group controlled the Beijing Automobile Factory. Zhang Bo, chairman of Weiqiao Venture Group, said that after the realization of equity investment cooperation, the two sides will give full play to their existing manufacturing capacity and actively develop and introduce innovative vehicles.

  Manufacturing Automotive Group Beijing Manufacturing Plant Weiqiao Enterprise Entrepreneurship holding Electric Electric vehicle low Speed Model shares China 2023-04-14