JAC Volkswagen's first car off the assembly line / Xiali discontinuation / Dongben recalled the car market in May cheers and embarrassment

In the increasingly fiercely competitive and increasingly active Chinese auto market, stories of “happy” and “worry” are mixed in every moment. With the advent of the footsteps in June, the bustling scene of the auto market in May has become an “alternation”. However, the cheers and embarrassments in the auto market may not be forgotten, but they should be used for reference and reflection. To this end, Gasgoo Motors will organize highlights of some car companies in May for the industry to grasp the market trends and provide reference.

"Upholding Friendship of Wine Glasses "

In May, the "fusion" road of many car companies took a step forward.

FAW, Dongfeng set up a new joint venture company to "further" the road further

According to news released on the evening of May 31, Dongfeng Motor’s official WeChat shows that Dongfeng Auto Parts (Group) Co., Ltd. (hereinafter referred to as Dongfeng Parts & Components Group) and Fuao Automotive Components Co., Ltd. (hereinafter referred to as: ) Signed a joint-venture contract for oil pump business in Wuhan. The two parties will jointly fund the establishment of Dongfeng Fu'ao Pump Co., Ltd. This not only signifies that the cooperation between Dongfeng Parts Group and Fu'ao Group has entered a substantive stage, but also indicates to a certain degree The relationship between FAW and Dongfeng has taken another step forward.

It is reported that the joint venture company to be established will be located in the Shiyan New Industrial Zone. The new joint venture company will use its technological, market, and management resource advantages to deepen its cooperative relationship with major Dongfeng customers and provide commercial vehicles, passenger vehicles and new energy vehicles. Quality products, and is committed to becoming a domestic first-class oil pump supplier with international competitiveness. The new joint venture company plans to reach its goal of revenue of 260 million yuan by 2023...[detailed]

Si E20X off the assembly line, Jianghuai Volkswagen's first pure electric vehicle officially landed

On May 24th, the E20X, the first model of the Sihe brand under the Jianghuai-Volkswagen Group, officially went offline, which means that the first domestic joint venture new energy vehicle project has taken its roots from “concept” to “volume production”.

In June of last year, Jianghuai Automobile and Volkswagen Group signed a joint venture agreement. Today, only one year later, its first product has already been put into mass production. The industry was amazed at the speed and efficiency of the production and production of Jianghuai mass-market products. It was also full of curiosity for this pure-electric car, which was named Sihei E20X....[detailed]

Zotye/Ford Establishes 2nd Joint Venture to Create Electric Version "Dripping"

Didi has a higher market share in the area of ​​online dating vehicles. Although in recent days, some cities have staged “big fights” with the US regiment, they may not have any impact on the droplets. On May 2, a self-owned brand established a new joint venture company with a century-old car company, aiming its guns at the online market. Zotye Motor and Ford Smart Travel Co., Ltd. signed a memorandum of cooperation in Shanghai. The two sides plan to invest 50% each and will establish a joint venture company in Zhejiang (hereinafter referred to as “new smart travel joint venture company”), dedicated to providing network operators. Hehe about car drivers provide intelligent, customized pure electric car solutions to help the rapid development of China's network about the car market......[detailed]

In the Ningde era, the company also developed dual power batteries in cooperation with Honda.

Honda will collaborate with the world's largest battery supplier, Ningde Times (CATL), to develop an electric vehicle that Honda sees as the key to its global strategy. The cooperation project will develop batteries and related technologies that are mainly used in this new electric vehicle. Honda will launch the new car in China and other regions in the first half of 2020.

Honda’s efforts in electric vehicles reflect the fact that the use of important components provided by Chinese suppliers is a major trend in the increasingly globalized process of electric vehicles. Honda also plans to cooperate with CATL in other areas, including electric vehicle performance testing, production technology and battery specifications. In addition, Honda hopes to collaborate with CATL to develop future electric vehicles....[detailed]

A single spark can start a prairie fire

The road ahead is dangerous, but local car companies are still afraid to move forward, because the fire of the stars can pave the way.

Weilai ES8 will deliver customers from now on, and it is expected that 10,000 units will be delivered before National Day.

Since May 31st, the first pure electric SUV, the ES8, has officially entered the delivery phase. According to the delivery site image, it can be roughly inferred that as of now, at least four vehicle owners have completed a series of processes such as lifting cars and placing cards on the day. Among them, the car product manager of Weilai, Li Tianshu, the father of Nomi, became the owner of the No. 0001 ES18.

It can be seen that, in this eye-catching 0001 vehicle, the signature plate below the center console and the metal nameplate in the B-pillar area on both sides of the vehicle were individually customized. It is worth mentioning that the first 10,000 Taiwan founding models of Weilai Automobile can be customized in the above areas...[detailed]

SAIC Passenger Car Settled in Ningde in 2019

On April 28, Shanghai Automotive Group Co., Ltd. (hereinafter referred to as SAIC) officially launched the construction of a passenger vehicle Ningde base project. This is also the SAIC Group’s own brand passenger car following Shanghai Lingang Factory, Nanjing Pukou Factory, and Zhengzhou Factory. Fourth factory.

According to the plan, SAIC Group's Ningde Base covers an area of ​​approximately 2,200 mu, with a total investment of approximately 5 billion yuan, and will be put into production in 2019. In the future, the base will be mainly used for the production of new energy models under SAIC Passenger Vehicle (including Roewe and MG Brand products). For the construction of the Ningde Base Project, Chen Hong, Chairman of SAIC, stated that “Our development orientation for the Ningde Base is to leverage on SAIC’s core technological advantages in vehicle manufacturing, 'Sanpower' and other fields, relying on Fujian Province and Ningde City. Regional advantages, supporting advantages of new energy batteries, and accelerating the construction of an important vehicle base for SAIC to serve the southeast coast and to radiate the Southeast Asian market.”......[detailed]

Xiali Uninterruptedly Discontinued Tianjin FAW's 1Q11 Net Profit Increases Significantly by 16%

As a veteran car company, Tianjin FAW has experienced ups and downs in the past 30 years. After the baptism of the market, it once again shined and talked about.

Recently, the online auto market learned from the Tianjin FAW official that in the first quarter of 2018, Tianjin FAW achieved operating income of 375 million yuan, a year-on-year increase of 7.22%. The net profit attributable to the shareholders of the listed company was -222 million yuan. The year-on-year increase was 16.11%, which was a decrease of approximately RMB 42 million from the loss for the same period of last year. In addition, the Xiali brand has been completely shut down, Jun sent the brand to become "absolute main force", which means that Tianjin FAW's product line will be fully updated ... ... [detailed]

Chinese car market cake sweet

The dividends released by the Chinese auto market have benefited many car companies.

Volvo sales in China exceeded 600,000 units, or valuation of 30 billion US dollars during the year IPO

Recently, the headline app for mobile phones was informed by Volvo from inside. As of May, Volvo sold 600,000 vehicles in the Chinese market. On May 25, Volvo officially launched the official owner club on the Chinese market for the first time. No. 525." According to official Volvo sales data, Volvo’s global sales reached 52,635 units in April. Compared to April 2017 global sales of 46,895 vehicles, an increase of 12.2%. The Chinese market plays a decisive role in it...[detailed]

Toyota's FY 2017 Net Profit Increases 36% Fiscal Year 2018 Operating Profit Or Decline

Geshi Motors Co., Ltd. May 9, Toyota Motor Corporation (hereafter referred to as Toyota) released the joint financial report of Toyota Group for fiscal year 2017 (April 1, 2017 - March 31, 2018) and the Toyota Group's fiscal year 2018. Year (April 1, 2018 - March 31, 2019) forecast.

Toyota Group’s net revenue for fiscal year 2017 was 29,379.5 billion yen, an increase of 1,782.3 billion yen from fiscal 2016; operating profit was 23,988 million yen, an increase of 44,04 billion yen from the same period of last year, exceeding competition for five consecutive years Opponent Volkswagen and Daimler, operating profit margin of 8.2%, roughly equal to Daimler's 8.15% profit margin...[detailed]

BMW wins two Shanghai smart network road test licenses

After Shanghai Shangqi and Weilai issued the first batch of three smart network test licenses on March 1st, today (May 14th), Shanghai’s fourth and fifth smart road test licenses officially form “ "BMW" is BMW, and BMW has become the first international vehicle manufacturer to obtain a license for self-driving road tests in China...[More]

Tesla's first-quarter net loss of 780 million U.S. dollars will be profitable in the second half of the year

On May 2, local time, Tesla announced its first quarter financial status. According to foreign media reports, in the first three months of this year, Tesla’s total revenue was US$3.41 billion, net loss was US$784.6 million, and its loss per share was US$4.19; in contrast, Tesla’s total revenue for the same period last year was The company had a net loss of $397.2 million and a loss of $2.04 per share.

Among them, the total revenue of the automotive business in the first quarter was 2.73 billion U.S. dollars, up from 2.29 billion U.S. dollars in the same period of last year. Tesla pointed out that the company has cut costs and it is expected that the capital expenditure of the company will be less than 3 billion U.S. dollars in 2018, while capital expenditure in 2017 will be 3.4 billion U.S. dollars. [detailed]

Runaway car or people?

Runaway cars, and out of control people.

"Out of control Mercedes-Benz incident" falls out of the forensic vehicle does not exist out of control situation

The Mercedes-Benz high-speed stalling accident that has been quiet for a period of time, with the publication of the judicial appraisal opinion of the testing center's Beijing Judicial Vehicle Judicial Appraisal Center, after passing the vehicle owners Mr. Xue’s succession of positions, deletion of Weibo, official response from Beijing Benz, and related institutions. The tests, etc. continued to ferment for more than 2 months and finally came out.

On May 26, 2018, one month after the start of the vehicle inspection on April 27th, Mercedes-Benz owner Xue received the forensic opinion submitted by the testing agency Beijing Zhongju Vehicle Judicial Appraisal Center...[detailed]

Accidents occur with automatic driving of Tesla vehicles in Greece

According to foreign media reports, in recent days, Tesla Model 3 had a traffic accident in Greece because the owner of the vehicle, Xue Youyou, had started the automatic driving function, causing the car to get out of control and hit the side of the road. Fortunately, Xue Youyou was not in danger.

Xue Youyou has been very keen to express to others the love of Tesla Model 3. He even opened a Facebook page and recorded a total of 39,000 kilometers in 25 countries that he had passed within six months. But all the good things came to an abrupt end on Friday because he turned on autopilot when he was driving...[detailed]

"Fuel Throttle" event finally landed Dongfeng Honda will recall 130,000 2018 models (CR-V)

Gasgoo Motor News, May 16, was informed from the official website of the National Market Supervision and Administration Bureau of Defective Product Management Center that Dongfeng Honda Motor Co., Ltd. had recently implemented the "Regulations on the Revocation of Defective Automobile Products" and the "Measures for the Implementation of Defective Automobile Product Recall Management Regulations." In response to the request, the recall plan was filed with the State Market Supervision Administration and it was decided that from May 22, 2018, part of the 2018 Siwei equipped with a 1.5T engine produced from February 14, 2017 to February 27, 2018 will be recalled. CR-V) cars, a total of 130,455 vehicles.

Affected by this incident, sales of Dongfeng Honda fell significantly. Relevant data show that in April, Dongfeng Honda sold 47,900 units, a year-on-year decrease of 12.2%; January-April sales totaled 176,700 units, a year-on-year decrease of 9.8%. [Details]

Touching sound

There is no shortage of gossip cars. When did the car circle become an "entertainment circle"?

BAIC and Geely jointly vociferously denied acquisition of equity

Recently, there is news that Geely has approached the Beijing Automotive Group to negotiate on the acquisition of shares. It was a time when Geely's reorganization of the Beiqi incident passed. On May 15th, Beijing Automobile Group Co., Ltd. and Zhejiang Geely Holding Group Co., Ltd. jointly issued a disclaimer, saying that the report released by the media on "Geely and Beijing Auto Group to negotiate the acquisition of shareholdings" had no basis, and was false information... …【detailed】

Geely responds to the “fine” storm: Daimler’s acquisition of the market for the first time

On May 13th, Geely responded to the Federal Financial Supervisory Authority (BaFin) accusing Geely of violating the notification requirements for the acquisition of Daimler. Geely responded that Geely had the first time, ie February 23, 2018. Geely's holding of 9.69% of Daimler's shares informed the market and the content of the notice was accurate.

It is understood that in Germany, any large-scale or large-scale commercial acquisition must be notified to the Federal Financial Supervisory Authority of Germany. Geely reached an agreement to acquire shares with Daimler on the evening of February 22, German time. Geely chairman Li Shufu subsequently informed the investment bank. Since then Geely and Daimler finalized the details on the next day (February 23) and signed the relevant contract, Daimler also immediately announced Geely's acquisition of Daimler's 9.69% share of the announcement ...[detailed]

Changan personnel changes: three vice presidents leaving office

On the evening of May 28, Changan Automobile released “Announcement on the Change of Senior Management of the Company”, announcing that Gong Bing, Huang Zhongqiang, and Luo Minggang, vice presidents of Changan Automobile, will no longer serve as vice president due to job changes.

Gong Bing will no longer serve as vice president and will not serve in the company. It is understood that Gong Bing was officially confirmed as a vice president of the company on April 14, 2011 by Changan Automobile, and was responsible for the production and sales of Changan cars. [detailed]

Chery’s Equity Transfer Resolution Approved by the Employee Representative Assembly to Introduce Investors with a Minimum of RMB 20 Billion

On May 29th, it was reported that Chery Automobile Co., Ltd. held the second ninth employee representative meeting in Wuhu. The meeting passed a resolution on the transfer of Chery Automobile's shares by secret ballot. Chery plans to have no less than 200. The cash injection method of 100 million yuan was introduced into foreign investors, and the form of capital increase and share expansion was added to Chery Automobile.

Not long ago, Chery had just experienced a public opinion storm that was acquired by Baoneng. Although this information was quickly denied, the recent decline in sales volume, financial pressure, and decline in brand influence has become a must for the company. The problem, the industry believes that in this case the introduction of strategic investors to 'transfusion' is also nothing wrong...[detailed]