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As the largest listed automobile company in China, SAIC Group accounts for only 1.71% of the total revenue every year. According to SAIC's financial report data, the company achieved annual revenue of 902.2 billion yuan in 2018, with a net profit of 36 billion yuan belonging to listed companies. In 2018, the group's R & D expenditure was 15.39 billion yuan, an increase of 18.29% over the same period last year, accounting for about 1.71% of the total revenue. Compared with the major foreign automobile companies, there is a large gap in R & D investment. BMW achieved revenue of 97.48 billion euros and net profit of 9.815 billion euros in 2018, while R & D investment was 68.9.
Beijing Auto announced its 2018 results that Beijing auto revenue in 2018 was about 151.92 billion yuan, an increase of 13.2 percent over the same period last year, and net profit was about 4.43 billion yuan, an increase of 96.6 percent over the same period last year. Among them, Beijing Mercedes-Benz has an annual income of 135.42 billion yuan, an increase of 16.0% over the same period last year, accounting for nearly 90% of Beijing Automobile's total revenue in 2018. Beijing Auto includes four business sectors: Beijing Brand, Beijing Mercedes-Benz, Beijing Hyundai and Fujian Mercedes-Benz. Its revenue and profit growth in 2018 is still mainly from the contribution of Beijing Mercedes-Benz, of which Beijing Mercedes-Benz income in 2018 is about 1354 yuan.
Weilai Motor released its latest financial results, which showed that its total revenue in 2018 was 4.9512 billion yuan and its net loss was 9.639 billion yuan. In terms of sales volume, Xilai delivered a total of 11348 ES8 vehicles throughout the year. At the same time, Xie Dongzhong, chief financial officer of Lulai, forecast revenue and sales in the first quarter of 2019. Delivery of the ES8 in the first quarter of 2019 may be 3500 to 3800 vehicles, a decrease of about 56.1% to 52.4% compared with the fourth quarter of 2018. In terms of revenue, the total is expected in the first quarter of 2019.
Recently, Peugeot-Citroen (PSA) announced its 2018 results. According to the data, PSA Group's annual revenue in 2018 was 74.027 billion euros, an increase of 18.9 percent over the same period last year, and its recurrent operating profit was 5.689 billion euros. It is worth noting that the auto brands of the PSA group all achieved positive growth, with revenue from the Peugeot, Citroen and DS automotive divisions rising 5.6% year-on-year, while Opel's automotive division achieved a small increase in revenue of 18.306 billion euros. According to statistics, the cumulative sales of PSA Group in 2018 is about 3.878 million units.
On March 31, GAC GROUP released the 2019 performance report, which showed that the operating income for the whole year of 2019 was 59.234 billion yuan, down 17.17% from the same period last year; the net profit of shareholders of the company's listed companies was 6.618 billion yuan, down 3.93 billion yuan from the same period last year; and basic earnings per share was about 0.65 yuan, down about 39.25% from the same period last year. As for the reasons for the decline in both revenue and net profit, GAC GROUP said that there was great downward pressure on the economy in 2019, domestic auto industry production and sales continued to negative growth, and the impact of domestic policy changes led to a decline in car sales. According to the data of China Automobile Association, 2.
French carmaker PSA released its third-quarter marketing report, according to its data, PSA Group achieved revenue of 15.579 billion euros in the third quarter of this year, up 1 per cent from a year earlier. The automotive business units (Peugeot, Citroen, DS, Opel and Vauxhall) posted revenue of 11.824 billion euros in the third quarter of this year, up 0.1% from a year earlier, while PSA Group reported revenue of 53.918 billion euros in the first three quarters, down 0.2% from a year earlier. Revenue from the automotive business unit fell 0.7 per cent to 42.202 billion euros. According to statistics, PSA accumulated sales in the third quarter.
According to the interim performance summary statistics of a number of listed car companies, revenue and profit rose sharply compared with the same period last year, of which SAIC made a net profit of 13.314 billion yuan. Listed car companies were able to hand over gratifying transcripts, the biggest reason is that the impact of last year's epidemic led to a low base, according to the Federation of passengers retail sales data, narrow passenger car sales in the first half of 2021 accumulated 9.943 million units, an increase of 28.9% over the same period last year. According to the statistical summary of the mid-term results in 2021, the revenue and profits of Chinese auto companies generally increased, with SAIC, BYD and Dongfeng holding the top three in a row. SAIC is the largest auto company in China.
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In July, when Great Wall Motor celebrated its 30th birthday, Chairman Wei Jianjun kept asking himself, "will Great Wall Motor survive next year?" in a "micro movie". There was no celebration atmosphere at all. Under the double influence of the decline in the market and the epidemic situation, the largest car companies of Great Wall Motor have been seriously affected, to sales and revenue decline.
GM CEO Mary Barra said at an investor briefing on Oct. 6 that the company plans to double its revenue by 2030, and to achieve that goal, GM said its products are transitioning to pure electric vehicles and will build a more diversified business, not limited to selling passenger and commercial vehicles. In addition, General Motors said that if the above goals are achieved, annual revenue will reach about $280 billion (1.8 trillion yuan) by 2030 and is expected to overtake Tesla to become a U.S. electric vehicle, Reuters reported.
Recently, Beijing Automobile Co., Ltd. (hereinafter referred to as "Beijing Automobile") released its semi-annual performance report for 2022. According to the report, the revenue of Beijing Automobile in the first half of the year was 83.679 billion yuan, down 7.41% from the same period last year; the profit attributable to shareholders was 2.178 billion yuan, down 21.75% from the same period last year;
On the evening of March 24th, Beijing Automobile Co., Ltd. (hereinafter referred to as "Beijing Automobile") released its annual results, showing that Beijing Automobile realized revenue of 190.463 billion yuan in 2022, an increase of 8.27% over the same period last year. The net profit attributable to the company's equity holders was 4.197 billion yuan, an increase of 8.8% over the same period last year.
The car market was in the doldrums in the first half of this year, and life was tough for both proprietary, joint venture and luxury brands, with Audi's revenue and profits falling in the first half of the year, following Daimler's quarterly losses. According to the official results released by Audi, in the first half of this year, Audi's sales revenue was 28.76 billion yuan, down 7.8% from the same period last year; operating profit was 2.3 billion yuan, down 16.7% from the same period last year; the net cash flow in the first half of this year was 2.25 billion yuan, down 15.7% from the same period last year. Audi director Song Yinzhe said that with the steady increase in Audi brand delivery volume..
Xilai, which has experienced the "worst" term in 2019, seems to have performed well in 2020. According to the latest financial data released by Weilai a few days ago, it is better than the expectations given by analysts.
China's passenger car sales fell nearly 10 per cent in 2019 from a year earlier, and car dealers generally saw a decline in sales throughout the year, leading to a decline in performance, but luxury-branded passenger cars bucked the trend, with annual sales of 3.143 million vehicles up nearly 10 per cent from a year earlier. In this context, the main operation of luxury brand 4S stores of several dealer groups, last year's performance rose against the trend, more and more profitable. Meidong Automobile: net profit increased by 53.4% on March 27th, China Meidong Automobile Holdings Co., Ltd. announced its annual results in 2019, with a total revenue of 16.21 billion yuan, an increase of 46.5% over the same period last year.
On March 13, BMW Group released its results for the fourth quarter and full year of fiscal 2019. According to the financial report, BMW Group achieved revenue of 104.2 billion euros (817.7 billion yuan) in 2019, up 7.6 percent from 96.855 billion euros in 2018. Revenue increased, but net profit declined. BMW Group made a net profit of 5.022 billion euros (39.4 billion yuan) in 2019, down 28.9 percent from 7.064 billion euros in 2018. Among them, BMW Group's revenue was 29.366 billion in the fourth quarter of 2019.
A few days ago, Tesla submitted a document to the US Securities and Exchange Commission (SEC), which showed that Tesla achieved sales revenue of US $1.4 billion in China in the second quarter of this year, an increase of 102.9% over the same period last year, and became the second largest market in the world after the US market, accounting for 23.19% of the total revenue, compared with 11% in the same period last year.
BMW Group reported total revenue of 97.48 billion euros and pre-tax profit of 9.815 billion euros in 2018, with both indices falling slightly. In 2017, BMW Group's total revenue reached 98.678 billion euros and pre-tax profit reached 9.88 billion euros. As for the decline in revenue and pre-tax profits, BMW explained that it was mainly affected by factors such as increased spending on future travel, changes in exchange rates and rising raw materials. At the same time, the European market is also affected by the global policy of unifying light vehicle emission testing regulations, leading to serious supply imbalances and fierce competition in the European market.
Following the first-tier luxury brand BBA have announced last year's results, we can see that affected by the COVID-19 epidemic, the global automobile market has been significantly affected. Judging from the results disclosed by the three car companies, Mercedes-Benz still had the highest revenue last year, equivalent to the sum of BMW and Audi Group, and became the top seller last year.
On March 15, Beijing Automobile disclosed financial information about Beijing Mercedes-Benz on the Hong Kong Stock Exchange. Figures show that Beijing Mercedes-Benz earned 24.82 billion euros (about 183.829 billion yuan) in 2022, compared with 21.288 billion euros (about 157.67 billion people) in the same period last year.
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
New appointment! A car company's personnel adjustment
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