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According to media reports, the new car builder Weimar Motor will seek a new round of financing in the near future. Shen Hui, CEO of Weimar, said in an interview that the company is seeking financing from global investors and could raise as much as $1 billion (about 6.9 billion yuan). Weimar also said that the financing is mainly overseas financing, the funds will be used for technology research and development, brand promotion, user services and channel development. In March this year, Weimar completed a 3 billion yuan C-round financing, led by Baidu Group, mainly for user experience and technology research and development. At present, the cumulative financing amount of Weima Automobile has been nearly 23 billion yuan.
Today, the media reported that four-year-old Xilai will spin off its energy supply service NIO Power and seek a billion dollars in financing for this. In response to the report, Xilai Motor responded with "no comment". According to reports, Xilai is about to spin off its energy supply service NIO Power, seeking to complete independent financing in Q4 this year, with a scale of about billions of yuan. The project, led by Li Bin, founder, chairman and CEO of Lulai, as well as Qin Lihong, president of Lulai, and Shen Fei, vice president of power management of Lulai, may be launched as an independent APP in the next 2 months. Meanwhile, NIO Power...
The first batch of retail centers of ideal Automobile opened on May 1, which are distributed in Beijing, Shanghai, Guangzhou, Shenzhen and Tianjin. They are directly operated by ideal Automobile to provide test driving, delivery and other services. Officials say the number of ideal retail centers will expand to 14 by the end of the year. The opening of the ideal retail center comes amid news from Reuters that the parent company of the ideal brand, car and Home, is seeking financing of $300 million to $500 million and has plans to list overseas next year. Reuters quoted people familiar with the matter as saying that newly built cars and families are seeking a new round of financing of $300 million to $500 million. Car and Home are valued at at least $2.5 billion before the new round of financing is completed.
German carmaker Daimler is in contact with a number of banks to seek credit support of about 10 billion euros (78 billion yuan) to help it cope with the impact of COVID-19 's epidemic, foreign media reported on March 27. The negotiations are still ongoing and details are expected to be released next week, and Daimler has not commented on the report. One of the problems that Daimler's financial situation has been pressing to solve. In fact, the German carmaker's financial problems emerged last year. In November 2019, Daimler announced that it would be by the end of 2022.
Since 2019, the sales volume of Jianghuai Automobile has been erratic, although it is not very bad, but as an old car company with the whole industry chain, from the current development, it does not seem to be very optimistic. According to the latest sales information released by JAC Motors, sales in July were 27600, down 27.29% from a year earlier. From January to July, JAC accumulated sales of 262700 vehicles, down 9.46% from a year earlier. Specific to the type of car, Jianghuai Automobile performance is still optimistic. Especially for passenger cars, car sales were 1071, down 77.49% from the same period last year. Dome SUV, MPV sales.
Recently, some media have received news from Yi to using the car that Yi is seeking a round of financing of 2.55 billion yuan, and potential investors may have been identified. According to the information released, it is easy to reach that the controlling shareholder is Tao Yun Capital, and the investment method is for the investor to increase investment in the target company. After all parties agree, they will sign relevant agreements, articles of association amendments and other relevant legal documents in accordance with the list of terms, so as to complete this investment. Among them, the investor will contribute 1.5 billion yuan in cash and another 1.05 billion yuan from the issuance of new shares through the "joint investor body". And the document shows that it is easy to estimate the use of cars at present.
During the Shanghai International Auto Show, although Tesla grabbed a lot of heat because of the rights incident, thanks to the accession of Huawei, BAIC ARCFOX and Jinkang Selis also attracted a lot of attention, so that BAIC Blue Valley and well-off shares rose by the daily limit many times. According to media reports, Huawei is seeking to control almost ARCFOX, an electric vehicle brand owned by BAIC Langu, and is expected to close the deal as soon as July. Huawei is one of the partners supported by software for BAIC's polar fox ARCFOX models. At the Shanghai Auto Show, which opened not long ago, BAIC Polar Fox ARCFOX brought ARCF... in deep cooperation with Huawei.
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Cruise, a subsidiary of GM, acquired existing investors on May 7, local time, with Japanese Softbank Corp. and Honda investing $1.15 billion, according to foreign media reports. The new round of financing raised cruise's valuation to $11.5 billion, while shares of its parent general motors rose 2.3% to $38.89 in the afternoon on the new York stock exchange. Cruise was acquired by GM two years ago for $1 billion, GM owns an 80 per cent stake in Cruise, and Japanese companies such as Softbank Corp. and Honda have invested about $3 billion in it. In the past year, Cr...
Affected by the COVID-19 epidemic, the current overseas car market is still in the doldrums, and the financial pressure of many car companies has further escalated. Japanese carmaker Mazda recently sought loans totaling 300 billion yen (19.8 billion yuan) from Japanese banks and other lenders to deal with the financial crisis caused by the epidemic, according to foreign media reports. It is understood that Mazda has applied for loans from the Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Bank, Mizuho Bank and the Development Bank of Japan. The above-mentioned banks have agreed to provide funds to Mazda, and some banks have agreed to extend the term of their loans. Mazda is currently working on specific loans.
According to relevant media reports, a man in Changsha rushed into an upscale car shop with a mallet in hand, smashed millions of luxury cars and was eventually arrested on charges of intentionally damaging property. It is understood that the suspect Guo, who is from Youxian County, Hunan Province, inspected a snack project in his hometown and was optimistic about it, but it was estimated that he needed 4 million yuan because he had no money. Once Guo saw the high price of Ferrari on the Internet, so he had an idea. After learning that there is a car company in Hunan that sells Ferrari, Guo wants to find the owner of the 4S store to finance his snack project. But because he didn't know how to find the boss, Guo finally got it.
As the domestic car market gradually enters the incremental era, the trend of consumption upgrading also makes the luxury brand advantage become more and more obvious. However, for the rising sales of many domestic first-and second-tier luxury brands, the performance of Infiniti, which is also a second-tier luxury brand, is getting worse. In this regard, Infiniti once again launched the latest free car maintenance service.
Recently, Daimler Group released its second-quarter financial results, which showed that Daimler Group's revenue was 42.65 billion euros, up 5% from a year earlier, and a loss of 1.56 billion euros before interest and tax, compared with a profit of 2.6 billion euros in the same period last year. Daimler shares fell 2.85 per cent the following day, the first quarterly loss for Daimler Group since 2010. Daimler's second-quarter results came a day after Beijing Auto announced a stake in Daimler, with a 5% stake. Thirdly, the first and third largest shareholders of surrogate mothers come from Chinese companies, namely Geely Group, which holds 9.69% of the shares.
As we all know, Volkswagen has been able to climb to where it is today, and Piech, the "father of Volkswagen", played a central role. It single-handedly made Volkswagen one of the world's largest automakers. Of course, with the change of the times, the global automobile industry is facing an once-in-a-century change, that is, the transformation of electrification and intelligence. Coupled with the implementation of government policies, after the European Union forces automakers to cut carbon dioxide emissions by 37.5% between 2021 and 2030, a new round of emissions cuts are bound to threaten jobs and profits. This rule is based on a 40% reduction in emissions between 2007 and 2021.
On August 12, a number of bonds owned by brilliance Automobile Group continued to plummet. 19 Huaqi 01 and 18 Huaqi 01 both fell more than 20%, 19 Huaqi 02 fell more than 14%, 17 Huaqi 01 fell more than 9%. For the continued decline in its bonds, brilliance said that it had set up a debt committee, which mainly took the lead in Everbright Bank, mainly coordinating relevant creditors not to draw loans, suppress loans, break loans, and continue to give financial and financial support to the company. According to the rating report released by Oriental Jincheng, at the end of March 2020, brilliance Holdings had total assets of 175.437 billion yuan and total liabilities of 122.675 billion yuan.
The new energy vehicle industry has entered a cold winter period with a sharp reduction in subsidies, and its sales have declined for four consecutive months. The early fraud caused a sensation in the industry, and now it is exposed that it is "counterfeiting". According to a "Criminal judgment of the first instance on bribery of Xiang" published by the China referee Literature Network on November 12, the defendant Xiang, while holding an executive position in the Shanghai New Energy Automobile data Center, took advantage of the position responsible for examining and verifying the compliance of new model data access of new energy vehicle companies to seek benefits for others and accept cash many times. Bribe parties include Geely Automobile, BAIC New Energy, BYD, Chery New Energy, Zhongtai New Energy, Guangzhou Auto New.
Acura was founded in 1986 as a luxury brand launched by Honda for the North American market. After successful promotion in the North American market, Acura then introduced the brand to the global market, including the Chinese market. In 2006, Acura officially entered the Chinese market as an imported car, while Mercedes-Benz, BMW, Audi and other brands have been in China for many years. In January 2016, Guangzhou Auto Honda was officially established, and the localization of Acura also officially began. Data show that domestic Acura has brought a certain increase in sales in 2016, with sales of 9062 vehicles in China in 2016 and 16348 in 2017.
On June 17, Dongfeng Yueda Kia, Yueda Group and Chinese Express announced that the first model of Chinese Express will be produced at Dongfeng Kia production base and is expected to be put into mass production in 2021. But before the cooperation, it was reported that the first project of Dongfeng Kia would stop production at the end of this month. In this regard, the relevant person in charge said that the first factory in Ulai will serve as a base for the production of products by Chinese Express, and then the factory will be upgraded to meet the demand for new cars, and the upgrading is expected to be completed in the first half of 2021. The annual sales volume of Dongfeng Yueda Kia has dropped from 600000 to 300000, and its production capacity has been greatly reduced. Excess production must be eliminated.
The whole vehicle industry, as an industry that needs a huge amount of financial support, has officially opened its own board, and many automobile companies have launched plans one after another, including a number of new forces led by Weima, in the hope of "grabbing the beach" Science and Technology Innovation Board's first share of the whole car to solve the problem of financing. However, the latest news shows that Geely has completed its listing tutoring a few days ago, which means that it will officially launch an impact on the "first share of Science and Technology Innovation Board".
It was reported a few days ago that FAW Jilin had reached the point where there were no cars for sale. Through the FAW Jilin official website inquiry, the current vehicles have Senya, Jiabao and special vehicles, but only sell Senya series, Jiabao series and special vehicles are not on sale. In addition, most dealers can't get through. It is found that there are three dealers in Beijing, which are located in Guanzhuang, Nansihuan and Shijingshan District. Only one of the three dealers is connected to the phone, and there are only two Senya R7 models in the store. There are also three dealers in Tianjin, and only one dealer answered the phone and said that at present, FAW Jilin vehicles are no longer being sold and other vehicles are being sold instead. It is understood that one.
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
Deadlock! Volkswagen may face mass strike
Many BMW 4S stores are running away! Fujian Consumer Council named
Chicken feathers all over the ground! A total of 570 million yuan has been executed by the giant 4S store giant group
It really looks like this! New BMW iX3 patent map exposed
Another family! Ford officials announce layoffs of 4000 people
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