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  Renault Jiangling "weak and weak combination" layout of new energy, can the two sides achieve win-win results?

  Recently, Renault Group and Jiangling Motor announced the establishment of a joint venture, Renault increased its capital by 1 billion yuan to become a shareholder of Jiangling Automobile Group New Energy Automobile Co., Ltd., with a 50% stake. Fu Lan, vice president of Renault Group and chairman of China, and Qiu Tiangao, chairman of Jiangling Automobile Group Co., Ltd., said that this cooperation is a major part of the two sides' layout of new energy strategies, which can promote each other's development in the field of new energy vehicles and enhance their position in the domestic new energy vehicle market. But in fact, the current development of Renault and Jiangling in the domestic market is not smooth, sales fell sharply, industry.

  Renault New Energy Jiangling 2019-08-01
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  Many car companies have announced their withdrawal, and the survival difficulties of weak brands have fallen down one after another.

  With the continuous decline of sales volume, China's automobile market has entered the stage of stock competition. under the influence of many unfavorable factors, it has become a common phenomenon for automobile companies to make a substantial reduction in profits or even losses, and the automobile market is facing a severe test. SAIC, which has lost more than $10 billion in profits, believes that "from the perspective of the industry pattern, the concentration of the market is increasing, and weak brands are facing elimination." China's passenger car sales fell by as much as 9.3% in 2019 compared with the same period last year, falling into negative growth for two consecutive years. As the largest automobile group in China, SAIC recently released its 2019 performance report, which sold a total of 6.238 million vehicles, down 11.5% from the same period last year.

  Automobile market 2020-04-14
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  Nissan was downgraded by bond rating agency Moody's because of its weak performance.

  Today, the famous US bond rating agency Moody's downgraded Nissan's credit rating, downgrading the previous "A2" to "A3", adding that Nissan's outlook is negative. The reason for the downgrade was that the company's North American performance data were worse than market expectations, which cast a shadow over Nissan, which adjusted its business after the decline. Nissan's annual operating profit fell 45 per cent in the year to March and forecast a 28 per cent drop in profits for the current fiscal year, affected by the arrest of former chairman Carlos Ghosn and its declining performance in North America. "the downgrade reflects Nissan's continued decline in profitability, mainly due to weak sales in North America," said Liu, deputy chief executive of Moody's.

  Tesla Investment 2019-05-24
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  Nissan's operating profit fell in fiscal 2018, affected by weak global sales and price cuts

  Nissan, Japan's second-largest carmaker, is in trouble, with profits falling for three years in a row. According to the latest news from Japanese media, Nissan released a results report that consolidated operating profit in fiscal year 2018 (March 2018-December 2018) was 313.6 billion yen, down 14% from the same period last year. It is also predicted that the consolidated operating profit for fiscal year 2018 (March 2018-March 2019) will fall 22% year-on-year to 450 billion yen (about 27.48 billion yuan), a decrease of 90 billion yen compared with the original forecast of 540 billion yen. It is understood that in the past year, Nissan.

  Automobiles Nissan Global 2019-02-13
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  The recovery of the global auto market was weak in August, with China and India becoming the only growth area.

  Affected by the continuous impact of the COVID-19 epidemic, the overseas car market still shows signs of weak recovery, resulting in a continuous downward trend in many places in August. According to the latest monthly new car sales data released by various countries, 80% of the global car market continues to decline, with only China and India achieving year-on-year growth.

  Car market 2020-09-30
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  Authorities: unpopular brands and dealers are bound to withdraw from this market

  China's auto market has declined for two years in a row and hit rock bottom by the epidemic in 2020. According to the report of the China Automobile Association, from January to April, China's automobile production and sales completed 5.596 million and 5.761 million respectively, with production and sales falling by 33.4% and 31.1% respectively compared with the same period last year. Shen Jinjun, president of the China Automobile Circulation Association, believes that the transformation of enterprises is very painful, but it has reached the point that some unpopular brands and dealers with weak service ability are bound to withdraw from this market. Shen Jinjun said that the car market in 2019 continued the 2018 decline.

  Automobile market 2020-05-30
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  Ford's net profit fell 99% in 2019, and the Chinese market was weak.

  Tesla has a market capitalization of more than $150 billion, while Ford, also an American auto company, has been "sad" over the past year. On the morning of Feb. 5, Ford announced its 2019 results, which showed full-year operating income of $155.9 billion in 2019, down 3% from a year earlier, and Ford's net profit of $47 million in 2019, down 98.7% from $3.7 billion in 2018. According to the results released by Ford Motor, the annual operating income in 2019 was 155.9 billion US dollars, which is not much lower than that in 2018.

  Ford Motor 2020-02-05
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  Are you weak? Toyota announces pay rise for its employees

  On November 1, Toyota North America announced that from January 1, 2024, most workers at American car plants would get a 9% raise, from $31.86 an hour to $34.80 an hour. At the same time, Toyota North America will halve the time for hourly workers to reach the maximum wage.

  Cars workers Toyota Tex Tesla big three the United States employees companies Detroit strikes North America trade unions wages giants 2023-11-02
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  According to the list of the worst car sales in February, the bottom brand is no longer a French model.

  Affected by the Spring Festival in February this year, the overall new car market declined significantly in February. Sales in the domestic narrow-sense passenger car market reached 1.177 million in February, up 371.9 per cent from a year earlier and down 45.5 per cent from a month earlier, according to the Federation of passengers. Nevertheless, the market differentiation is still obvious, and the weak brands are still weak. In this regard, conducted a February sales ranking of weak models.

  Brand 2021-03-17
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  The new Mercedes-Benz E-Class appearance / power adjustment has caused many netizens to "complain"

  Mercedes-Benz E-Class is the benchmark model of large cars in luxury brands, with annual sales of 150000 vehicles in the Chinese market, on a par with BMW 5-Series and Audi A6L. Due to the high popularity of the market, every change of Mercedes-Benz E-Class has aroused heated discussion on the Internet. A few days ago, the official website of the Ministry of Industry and Information Technology released the declaration information of the new Beijing Mercedes-Benz E-Class, which has undergone great changes in appearance and power, causing many netizens to "complain". According to the released declaration chart, the new Mercedes-Benz E-Class uses new design elements, the front is more flat and low than the cash model, the iconic grille is also broadened horizontally, and the headlight group is to the latest family.

  Mercedes-Benz E 2020-03-15
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  Cadillac launches the new CT4V model, the previous model has a weak domestic performance

  According to foreign media reports, Cadillac recently launched the new CT5V high-performance model and the family's smallest CT4V model. The history of Cadillac's official foray into high-performance brands is coming late with Europe's three BBA brands. But it is not inferior to its German rivals in all respects. The high-performance brand of V series was established in 2004. It is developed by GM's high-performance vehicle operations. The department, founded in the 1960s with a technology center in Detroit, initially provided technical support to the Chevrolet Camaro team participating in Trans-Am racing, and then gradually developed.

  Car Tesla electric model domestic 10 000 yuan price 2019-05-31
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  Sales recovery in June is weak, whether the seahorse 8S can stand out with the important task.

  As a brand that once performed correctly in the domestic market, the development of seahorse is somewhat high and low. A few years ago, seahorse S5 could barely support the appearance of the entire seahorse brand, but a few years later, as seahorse S5 grew old, the market competitiveness is not as good as before, and sales are becoming more and more difficult to sell. Throughout the seahorse, none of the models now have a foothold in their respective market segments. As a result, the market performance of seahorses has been unsatisfactory so far this year. On July 4, Haima officially released product production and sales data for June 2019, KuaiBao. According to data, in June, the production of seahorse cars was 4150, year-on-year.

  Sales volume seahorse 2019-07-06
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  The automobile industry has entered a state of stock competition: the stronger the strong, the survival of the fittest.

  In 2019, passenger car sales in China fell by as much as 9.3% compared with the same period last year, falling into a state of decline for two consecutive years. In 2020, affected by the impact of the epidemic, the automobile market is facing an unprecedented severe test. Many voices pointed out that "from the perspective of the industry pattern, the concentration of the market is increasing, and weak brands are facing elimination." During the two sessions, representatives of the automobile industry have made suggestions and suggestions, hoping to activate the automobile consumer market, promote the development of the automobile industry, and help enterprises tide over the difficulties. However, for the current automobile market environment, many senior executives of automobile companies also expressed concern. Xu Heyi, secretary of the party committee and chairman of BAIC Group.

  Automobile industry automobile market 2020-05-25
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  Volkswagen stops production at four factories in Germany!

  On Sept. 27, Volkswagen Group suffered a major IT system outage at its German headquarters, causing the plant to stop production. A Volkswagen spokesman said a network component IT failure occurred at its global headquarters in Wolfsburg, which affected the entire group, including Porsche and Audi brands.

  Volkswagen factory automobile production Volkswagen electric Germany group influence electric car Zwickau market fault model Fus 2023-09-28
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  Latest ranking: from January to September, German and Japanese brands increased by comparing the market share of passenger cars in different departments.

  In 2020, the trend of China's automobile market is further divided, and the Matthew effect phenomenon of "the strong is stronger and the weak is weaker" is highlighted. The epidemic and the depressed performance of the car market in the first half of the year further threatened the survival status of weak brands. From the perspective of the industry pattern, the concentration of the market is increasing. A few days ago, the China Association of Automobile Manufacturers released the latest issue of "Market share of different departments of passenger cars", and the trend of different brands in China's passenger car market from January to September was also officially confirmed. From the comparison of the market share of each major car department, we can see that the sales volume of Chinese brand passenger cars still ranks first, but the market share continues to decline, and French brands almost.

  Auto industry auto market independent brand 2020-10-19
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  Dong Yang: strongly call for relaxing the electric vehicle quota and saving the new energy industry.

  New energy vehicles plummeted again in October, with sales down 46% from a year earlier, falling for four consecutive months and possibly falling into negative growth for the whole year. The new energy industry suddenly slammed on the brakes. According to this trend, the industry is worried about the stagnation of the development of the new energy industry. As a result, Dong Yang, former executive vice president of the China Association of Automobile Manufacturers, strongly called on cities such as Beijing to relax the electric vehicle quota so as to ease the downward trend. Dong Yang said that he strongly called on Beijing and other restricted cities to quickly relax the purchase limit of electric vehicles in accordance with the repeated orders of the State Council, so as to alleviate the new energy caused by the overall market weakness and drastic policy changes.

  New energy vehicle 2019-11-16
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  Domestic Mercedes-Benz new E-class will be on the market, the appearance has become like this!

  According to Mercedes-Benz, the new Beijing Mercedes-Benz E-Class will be officially put on sale on September 25 before the Beijing Auto Show. The appearance of the new car has changed significantly compared with cash, with the launch of three series of models, E 260 L, E 300 L and E 350 L. Mercedes-Benz E-Class is one of the benchmark models of large cars in luxury brands, with annual sales of 150000 vehicles in the Chinese market, on a par with BMW 5-Series and Audi A6L. Therefore, because of its market popularity and position, every change in style and appearance will cause heated discussion among netizens. The emergence of the new Mercedes-Benz E-Class has also met with a lot of complaints. At present, Gongxin.

  Mercedes-Benz E 2020-08-05
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  The car market is in the doldrums and sales are grim. Can Changan Ford return to its peak?

  With the continuous decline of China's auto market, the relatively weak Chinese brands are under great pressure and their market share continues to shrink. However, the performance of the more mature foreign brands in the Chinese market is not all plain sailing, and Ford is one of them. Ford has suffered a major blow in the Chinese market this year. On June 5, the State Administration of Market Supervision decided to punish Changan Ford Motor Co., Ltd. for implementing the vertical monopoly agreement and imposed a fine of 162.8 million yuan on Changan Ford. On the same day, the share price of Changan Automobile once tumbled more than 7%, closing down 4.42%, and the market capitalization fell nearly 1.5 billion yuan. June 10, Changan Ford.

  Ford sales Changan 2019-06-22
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  The automobile industry is speeding up the reshuffle, and marginal car companies are facing elimination.

  Another joint venture, Dongfeng Renault, is dissolved and delisted, while SAIC makes an evaluation of the industry pattern that "the concentration of the market is constantly increasing, and weak brands are facing elimination". Major changes will take place in China's automobile market affected by the epidemic in 2020. The continuous decline of the auto market has made the industry even worse. According to industry insiders, China's auto market has entered a phase of elimination of the fittest. According to the latest report of the Federation of passengers, passenger car sales in China fell 41% in the first quarter of this year compared with the same period last year. The decline in the market will further narrow in April, but the decline is also expected to reach 8%. Prior to this, the Federation of passengers has made a forecast on the trend of the car market for the whole year.

  Automobile industry automobile market 2020-04-18
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  The new domestic Mercedes-Benz E-Class has been officially put into production and will be available at the end of September.

  On September 14, Beijing Mercedes-Benz's new E-class long-wheelbase model officially came off the domestic line, which means that the mid-term revamped E-class is about to be put on the market, and the appearance of the new car has changed significantly. At the same time, with the launch of the new E-Class production line, Beijing Mercedes-Benz also announced that it has produced a total of 3 million vehicles, which has been 15 years since its establishment in August 2005. It is understood that the new domestic E-Class model, which has the same design as the overseas version, will be launched on the eve of the Beijing Auto Show on September 25, with three configuration models, E 260 L, E 300 L and E 350 L. Mercedes-Benz E-Class is one of the benchmark models of large cars in luxury brands.

  Mercedes-Benz E 2020-09-14