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  Weilai made a huge loss in 2018, and Li Bin responded: the short-term Prophase is the investment period.

  Recently, Xilai Automobile released its fourth-quarter results, showing that the total revenue in 2018 was 3.4356 billion yuan, and the loss further expanded, with a net loss of 9.639 billion yuan. Weilai delivered ES8 113.48 million in 2018, meaning a loss of nearly 850000 yuan for every car delivered in the past year. In addition to huge losses, Weilai also halted plans to build a factory in Shanghai, and the share price also fell. Li Bin, chairman of Weilai, recently responded to the problem of loss: we cannot account for Weilai on the basis of how much money a car has lost. It is the investment period in the short term and in the early stage, and now there is only one car on sale.

  Loss response Weilai Li Bin 2019-03-10
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  Second-hand car e-commerce business difficulties, Youxin, Guazi announced that employees and senior executives collective pay cut to deal with

  Recently, it has been reported that Youxin Group has adopted a short-term pay cut during the epidemic, with a pay cut of between 20% and 30% for ordinary employees and more than 40% for senior executives, which lasted from February 15 to May 31. At the same time, some employees have been suspended from work since March 1.

  Youxin used car 2020-03-01
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  Li Bin: the price of Weilai is as reasonable as Porsche

  Following the Norwegian market, Xilai Motor has once again expanded its European footprint. In the early morning of October 8th, Beijing time, the NIO Berlin 2022 event in Berlin announced that it had entered four European countries, Germany, the Netherlands, Denmark and Sweden, and issued ET5, ET7 and EL7 (ES in China).

  Subscription car Market Europe Model Price Brand New Li Bin Euro user Model Al Alps Code 2022-10-09
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  Tesla China's second-quarter revenue of 5.7 billion US dollars!

  be listed

  Tess Tesla growth second quarter Market Company China year-end Gross margin sales quarter situation short-term sales 2023-07-26
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  You really don't care about money? Weilai will be listed for the second time on the Singapore Stock Exchange

  On the evening of May 13, Xilai released the supplementary documents for the second listing of the Singapore Stock Exchange and disclosed the latest financial information of the company. As of February 28, 2022, Lai Motor has cash and cash equivalents, restricted cash and short-term investments totaling 52.65 billion yuan. In addition, the Weilai car can be called

  Power transactions cash Singapore companies cars data ideals capital finance Xiaopeng United States investments exchanges brands 2022-05-15
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  Infiniti delivers 1000 QX50 to Yihi Travel.

  On August 16th, Dongfeng Infiniti and Yihei held a brand new QX50 delivery ceremony in Beijing. At the delivery ceremony, Infiniti delivered 1000 new QX50 models to Yihi, which will be used for Yihi's short-term rental self-driving service, and Infiniti's delivery is also the highest in the four years of cooperation between the two sides. Infiniti will use this as a starting point to sprint for the second half of the year. At the delivery ceremony, Dongfeng Infiniti said that its first electric model specially built for the Chinese market will also be launched. It is understood that this is not the first time Infiniti has joined forces with Yihi.

  Infiniti delivery 2019-08-17
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  Third quarter net loss of 8 billion Li Bin: Wei Xiaoli lived a very good life.

  On December 9, ideal Motor released its results for the third quarter of 2022, showing that its revenue in the third quarter was 9.34 billion yuan, an increase of 20.2% over the same period last year, of which vehicle revenue was 9.046 billion yuan, an increase of 22.5% over the same period last year and 6.6% from the previous year. The net loss was 1.646 billion yuan, compared with 2021 yuan

  Cars Xiaopeng ideal growth models second quarter cash sales company market revenue gross margin version loss 2022-12-11
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  Citroen C6 sales soar! Dongfeng Citroen Li Gong: "Price War" harms the brand

  Recently, Li Kun, general manager of Dongfeng Citroen brand, said in an interview with Shanghai car owners: & quot; no company is willing to win the market through a price war, this must be a short-term behavior, and eventually return to the value of goods and vehicles themselves. & quot; at the same time, Li Jie pointed out that the "price war" must be the right

  Dongfeng Citroen sales subsidies brands activities prices values data models competition price wars long-term systems vehicles 2023-05-02
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  Weilai announces second-quarter results: gross profit margin becomes regular for the first time

  On August 11, Xilai officially announced its second-quarter results. The financial report shows that the total operating income in the second quarter was 3.7189 billion yuan, an increase of 146.7% over the same period last year; the net loss of shareholders belonging to listed companies was 1.207 billion yuan, down 63.6% from the same period last year; in addition, as of June 30, 2020, cash and cash equivalents, restricted cash and short-term investment is 11.2 billion yuan. The biggest focus in the financial report is still on the gross profit margin, which is the first time that Lulai has become a regular car. According to the financial report, the gross profit margin of Lulai increased to 8.4% in the second quarter of this year from-33.4% last year, achieving Li Bin's previous target.

  Weilai 2020-08-11
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  Mazda's sales in China fell 26% from January to July, causing corporate profits to plunge 79%

  After suffering sales difficulties in China, Mazda finally stopped falling in June, thanks to a price cut to clear inventory of the No. 5 model, bringing June sales to nearly 20,000. However, the short-term "illusion" in the car market cannot be maintained for a long time. After the results came out in July, Mazda continued to decline. Data show that Mazda sold 17051 new cars in China in July, down 17.2 per cent from a year earlier to 123396 from January to July, down 25.9 per cent from a year earlier. Compared with the decline in the first half of the year, Mazda sales have recovered since June, and the cumulative decline has also shown a downward trend. Mazda China Chairman du.

  2019-08-04
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  The sale of 30% stake in Zhentong Automobile Group is suffering from a financial crisis.

  After it was revealed that there were several cases of default and non-payment of maturing loans, Zhengtong Motor, a luxury car dealership group, did encounter a financial crisis. Recently, the news that Zhengtong Automobile controlling shareholders intend to sell their shares has been announced. On July 31, Zhengtong Motors announced that the controlling shareholder intends to sell 29.9% of the company's shares at a premium, which was taken by Xiamen International Trade holding Group Co., Ltd., a state-owned enterprise controlled by the Xiamen municipal government. Zhengtong Motor, which has encountered operational problems and capital crisis, has to rely on equity sales to partially solve the capital problem. Zhengtong Motor's 2019 annual report shows that by the end of 2019, Zhengtong Motor's.

  Straight-through car 2020-08-04
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  Miserable! Terminate the acquisition of Weimar

  Apollo Smart Travel Group Co., Ltd. (hereinafter referred to as "APollo Travel") issued a notice on September 8, saying that the parties concerned had agreed to terminate the acquisition agreement, taking into account other business factors such as volatile global market conditions and geopolitical conflicts, continued uncertainty in financial markets and short-term economic recovery after the epidemic.

  Weimar cars companies travel Hong Kong dollars announcements crises employees limitations events suppliers factories limited companies equity stores 2023-09-09
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  Xiaopeng Motor reported bright results in the first quarter, but its share price plummeted again.

  Xiaopeng Motor released its latest financial report on May 13, showing that revenue in the first quarter of 2021 was 2.951 billion yuan, of which 2.81 billion yuan was from car sales. Gross profit margin rose to 11.2% from 7.4% in the fourth quarter of last year, but Xiaopeng is still losing money, with a net loss of 790 million yuan in the first quarter. It should be noted that Xiaopeng Motor included the income of XPILOT software for the first time in the car sales revenue in the first quarter, although it was only 80 million yuan, but for Xiaopeng Motor, which has been in a loss, XPILOT software will become an important part of Xiaopeng Automobile to achieve profits in the future. ...

  Xiaopeng automobile 2021-05-14
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  The 120000 Citroen C6 has been sold for a month and a year.

  In early March, a group of posters about the opening of the strongest discount season for car purchases in Hubei history went viral online. the content is that the Hubei provincial government jointly with Dongfeng Honda, Dongfeng Citroen, Dongfeng Peugeot, Dongfeng Fengshen, Dongfeng Nissan and other brands to promote attractive car purchase subsidies. In this round of "price reduction", the performance is quite eye-catching.

  Citroen Dongfeng sales subsidies brands cars markets levels data associations or Hubei promotions growth activities 2023-04-11
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  The latest market share ranking: the sharp decline in domestic cars and the rise of Germany and Japan

  In May, China's auto industry recovered significantly, pent-up demand from some consumers also accelerated the release, and the auto market ushered in a short-term boom. According to the China Automobile Association, China's auto production and sales completed 2.187 million and 2.194 million respectively in May, up 4 per cent and 5.9 per cent month-on-month, and 18.2 per cent and 14.5 per cent respectively over the same period last year. However, affected by the epidemic for many months, the overall environment of the automobile industry is still grim. From January to May, China's automobile production and sales completed 7.787 million and 7.957 million respectively, with production and sales falling by 24.1% and 22.6% respectively compared with the same period last year. At the same time, the China Automobile Association released the latest market share ranking.

  Automobile market 2020-06-15
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  BMW announces cancellation of some customer orders, reducing terminal discounts from now on

  BMW announces production reduction and cancellation of some orders, reducing terminal discounts from now on

  Brilliance BMW car production new car discount 2020-02-29
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  Xiaopeng P7 had a lot of problems, and the whole car was pasted with banners and pulled into the service center.

  As the new power as a short-term car company, it is common to become the focus of the industry. However, one of Xiaopeng's G3 models has not been quelled after a vehicle spontaneous combustion incident occurred the day before yesterday, and recently a video of Xiaopeng P7 owners defending their rights has been circulated on the Internet.

  Xiaopeng P7 2020-08-13
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  Sales in Europe hit a 30-year low in May, and BMW decided to cut 6000 jobs

  According to German media reports, although German carmaker BMW began to resume work and production in mid-March, it is still difficult to cope with the impact of COVID-19 's epidemic, even though the group has adjusted its 34000 employees to short-time work due to lack of market demand. As a result, BMW management decided to cut 6000 full-time jobs and massively eliminate temporary workers and short-term contracts after weeks of negotiations. Although BMW did not specify that its R & D and production departments plan to cut the number of temporary workers within a year, there are reports that it will reach as many as 10000. BMW also said that due to the suspension of production, the company in 2020.

  BMW 2020-06-19
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  Volkswagen China responded to the shutdown of the production line caused by a shortage of spare parts.

  Affected by the supply of spare parts, many domestic car companies are facing the current situation of reducing production or suspending production. A few days ago, media sources revealed that the production lines of some models of FAW-Volkswagen and SAIC-Volkswagen have been suspended due to insufficient supply of semiconductor chips. Both car companies responded to the incident. According to media sources, the main reason for the suspension of production of North and South Volkswagen is the insufficient supply of chips and high-end semiconductor chips, so the production of medium-and high-end models will be directly affected. Under the influence of the epidemic, some overseas chip assembly plants have stopped production, resulting in a global shortage of chips, according to people familiar with the matter. The problem of chip shortage is spreading all over the world.

  SAIC Volkswagen auto parts auto market 2020-12-05
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  Peugeot-Citroen stressed again that it would not withdraw from the Chinese market and signed a joint venture contract until 2037.

  On June 12, Olivier, executive vice president of PSA Group and president of China, stressed to the media at the Dragon Automobile Communication Conference that PSA has a history of more than 200 years, has experienced critical moments such as World War I and World War II, and will not withdraw from the Chinese market because of short-term difficulties.

  PSA Dragon car 2020-06-13