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Today, Faraday Future announced that it had received $225 million in debt and trust financing led by Birch Lake, a US commercial bank, and FF and its independent valuation advisers determined that FF's technology was worth $1.25 billion, including the overall value of intellectual property. FF said that testing of the pre-production car was ongoing and that the engineering team had made steady progress to finalize the delivery of the FF 91. With the support of Birch Lake, FF has established a multi-channel financing plan and expects to complete its equity financing plan in the early third quarter of this year, FF said.
On July 26th, Jaguar Land Rover announced its performance in the first quarter of fiscal year 2021-22 (April-June 2021). Jaguar Land Rover achieved sustained and steady growth in the first quarter since the impact of the epidemic recovered, with global revenue of 5 billion pounds, up 73.7 percent from a year earlier. Throughout the financial quarter, Jaguar Land Rover sold 124537 units worldwide, up 68.1% from a year earlier. Sales in all markets showed year-on-year growth after the business got back on track, including the UK (+ 186.9%), Europe (+ 124.0%), overseas (+ 71.0%), North America (+ 50.5%) and China (+ 14. 5%).
Recently, Lexus said that its cumulative sales in China from January to July this year were close to 110000, an increase of 31% over the same period last year. So far, Lexus has maintained 14 years of steady sales growth in the Chinese market. ES is responsible for sales according to official Lexus data, Lexus ES sold an average of nearly 9000 vehicles a month this year, accounting for more than 57 per cent of total Lexus brand sales. As the sales responsibility of Lexus, ES is not only proud of its sales, but also its price. As we all know, due to the increasing pressure of competition in the market, domestic second-tier luxury brands are.
Since entering China, Lexus has maintained steady growth in China by adhering to the quality of imported products and the service standards of luxury brands, and its cumulative sales have exceeded 1 million vehicles. According to sales data released by Lexus in August, Lexus sold 16921 units in China in August, of which 4948 hybrid models were sold, accounting for 29.2% of the month's sales. From January to August this year, Lexus sold 126854 units in China, an increase of 24.9% over the same period last year, of which the cumulative sales of hybrid models reached 42466, up 33.5% from the same period last year. In today's market environment as a whole.
According to foreign media reports, Cadillac announced that it will appoint Felix Weller, former director of global dealer network development, as vice president of Cadillac China and head of SAIC GM Cadillac Marketing Department, responsible for the development of Cadillac brand business in China, effective from October 1 this year. Steve Carlisle, global president of Cadillac, said earlier: "Weller's global perspective on the luxury market will support Cadillac's steady growth in China. China is the brand's largest market and is in the period of the most active launch of new products in Cadillac history. ...
Since the beginning of 2019, in order to increase domestic demand, the National Development and Reform Commission, together with the Ministry of Industry and Information Technology, the Ministry of Commerce and other ten ministries and commissions, jointly issued the implementation Plan for further optimizing supply, promoting steady growth of consumption and promoting the formation of a strong domestic Market (2019). Put forward 24 specific measures in six aspects, involving automobile consumption, household appliance consumption, rural consumption, 5G commercial and other areas. In terms of automobile consumption, car companies in China and domestic independent brands have launched relevant car purchase policies, such as FAW-Volkswagen, Changan Auchan, Haima Automobile, Beijing Automobile, SAIC-Volkswagen, Dongfeng Nissan and Changan Harvard.
BMW has just released global sales figures for May this year. According to the sales data, BMW Group's global cumulative sales in May were 210563 vehicles (including MINI and Rolls-Royce brands), an increase of 3.2% compared with the same period last year. BMW Group's global cumulative sales from January to May were 1012093 vehicles, an increase of 0.8% from a year earlier. Global cumulative sales of the BMW brand in May were 181888, up 4.6% from the same period last year; the cumulative sales in the first five months were 872367, up 1.6% from the same period last year. BMW can have such a steady growth performance, relying on its various SUV models to support, in May BMW X3.
Get its sales figures from January to July this year from Lexus officials. According to statistics, in the first seven months of this year, the cumulative sales of Lexus in China reached 109933 vehicles, an increase of 31% over the same period last year. Despite the general decline in China's auto market, Lexus still achieved good sales results and maintained steady growth in China for 14 years. Although Lexus still ranks second among second-tier luxury brands compared to Cadillac sales, the gap is narrowing. But with this increase, Lexus is expected to sell more than 200000 units for the whole year. From January to July this year, the cumulative sales of Lexus in China reached 10.
Sales in China's auto market have fallen one after another, and the loss of independent brands has fallen greatly. however, Great Wall has not continued the decline in 2018, and sales have been on a relatively steady upward trend after the launch of a number of new cars. A few days ago, KuaiBao released its first-quarter sales, showing that it sold 103100 units in March, up 16.8% from January to March to 283400 units, up 10.6% from a year earlier. The growth in sales of the Great Wall, in addition to the launch of Harvard F5, F7, VV6 and other new cars to increase the segment of products, but also through substantial price concessions to promote sales. In the 2018 performance report, Great Wall Motor.
According to the latest data from the Federation of passengers, retail sales of cars across the country fell 18% year-on-year in April, while wholesale sales fell 22% year-on-year. It means that China's car sales have declined for 11 months in a row, with double-digit declines in all four months this year, with a trend of further expansion. The association pointed out that the recent policy of implementing national six standards has come out one after another, which also strengthens the dealers' practice of steady sales and digestion of national five models. The car market is extremely depressed this year, and the channel inventory pressure before the implementation of the sixth year was originally small, but it brought greater psychological pressure on dealers under the lower retail demand, so the promotion since the beginning of this year.
On Nov. 10, Volkswagen Group Deiss said on Weibo that ID. The family continues to maintain steady growth in the Chinese market: in October, ID. Monthly sales of models are close to 13000, surpassing domestic competitors such as Ulay, Xiaopeng and ideal. Volkswagen ranked third in new energy vehicle sales in October, second only to BYD and Tesla. On November 2, Volkswagen officially released its ID. The family's October sales report showed that 12376 vehicles were delivered in October, the second month in a row. However, Volkswagen officials did not announce the specific car.
There are obvious signs that the car market is picking up. Sales in the passenger car market grew 1.8% in May compared with the same period last year and ushered in the first positive growth in 2020. At the same time, retail sales, which has always been booming, achieved 28% year-on-year growth in May, far exceeding the market growth rate, and Mercedes-Benz, as the leading luxury brand in China, will undoubtedly become the highest-selling luxury brand in May.
According to sales figures released on BMW's global website, BMW (including MINI and Rolls-Royce) sold 196179 vehicles worldwide in April, up 0.7 per cent from a year earlier. From January to April, BMW (including MINI and Rolls-Royce) sold 801520 vehicles worldwide, up 0.2 per cent from the same period last year. Sales of BMW in China were 59169, up 18.2% from a year earlier, while cumulative sales of mini in China from January to April were 227603, up 12.1% from a year earlier. Sales of BMW's rival Mercedes-Benz increased slightly by 0.8% year-on-year to 57707 vehicles.
On September 2nd, Selis Group Co., Ltd. (hereinafter referred to as "Selis") released production and sales data showing that Selis sold 10045 vehicles in August 2022, an increase of 1277.91% over the same period last year, and a cumulative sales volume of 39433 vehicles from January to August in 2022, an increase of 1211.37% over the same period last year.
The first 11 months of 2020 have passed, and the battle for the top sales of second-tier luxury brands is still in doubt. What is different from the past is that Lexus has surpassed and has temporarily taken the lead in cumulative sales. Cadillac's monthly sales expand further and are still expected to retain its top spot. The Cadillac brand sold 24307 vehicles in November, up 45 per cent from a year earlier, according to manufacturer data, with cumulative sales of 202483 vehicles from January to November, up 4 per cent from a year earlier. For Lexus, terminal sales in November were 20632 units, up 6.8% from January to November, with cumulative Lexus sales reaching 202, 664.
China Automotive Technology Research Center (SARIC) released the latest insurance data in November 2019, Audi Q5, Mercedes-Benz GLC and BMW X3 respectively ranked in the top three among the luxury medium-sized SUV models, while the Lvlai ES6 ranked ninth with 2151 vehicles at risk in November. As the only 400000-class pure electric SUV,ES6 has entered the top 10 of the luxury medium-sized SUV segment for the fourth month in a row. The cumulative insurance number of ES8 reached 8622 vehicles from January to November this year. Although the risk volume is low in a single month, it still maintains a steady upward trend after the slope of new energy subsidies. ES8 is in.
On March 2, Xilai released its financial results for the fourth quarter of 2020 and its annual financial results. According to the financial report, the revenue of Xilai Automobile in 2020 was 16.26 billion yuan, an increase of 107.8 percent over the same period last year, while the net profit loss was 5.204 billion yuan, down 53.04 percent from the same period last year. Of this total, revenue in the fourth quarter of 2020 was about 6.641 billion yuan, up 133.2 percent from the same period last year, while the net loss was about 1.389 billion yuan, down 51.5 percent from the same period last year. The narrowing of revenue and profits of Xilai has a lot to do with the sharp increase in delivery volume. According to the data, the cumulative delivery volume of Xilai Automobile in 2020 is 43 and 7.
China's car sales totaled 28.0806 million in 2018, ranking first in the world for 10 years in a row, but down 2.76 per cent from a year earlier. This is the first time that China's auto market has experienced negative sales growth since 1990. In 2019, the domestic car market suffered a disadvantage in the first month, with passenger car sales falling 17.7 per cent year-on-year to 2.021 million in January, according to the China Automobile Association. Today, the China Automobile Association released domestic car sales figures. In January 2019, China's automobile production and sales completed 2.365 million and 2.367 million respectively, down 12.1% and 15.8% respectively from the same period last year.
In 2018, China's auto market saw its first decline in sales in 28 years, and a new policy is urgently needed to further stimulate sales. In January this year, the National Development and Reform Commission announced that it was considering introducing a new policy to encourage car consumption. On January 29, ten ministries and commissions jointly issued an implementation plan to promote the steady growth of consumption, in which the automobile industry will once again launch the policy of "cars going to the countryside", hoping to invigorate China's automobile market with "cars going to the countryside" with the increment of third-and fourth-tier cities. The program has formulated six major measures to promote automobile consumption, and will promote the scrapping and renewal of old cars, and give appropriate subsidies to car owners who scrap three or less emission standard cars and buy new ones.
Since Tesla's sales in the domestic market have been getting better, there has been a steady stream of news about , just "out of control" occurred three times in a month. A few days ago, another netizen revealed that Tesla, who he was driving, suddenly lost control, the brakes failed, and the direction could not be hit.
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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