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  BYD expects the battery business to be listed independently around 2022.

  Recently, BYD officially announced that the company is steadily moving forward with the spin-off and listing of the power battery business, which is expected to be spun off and listed independently around 2022. In fact, this is not the first time that BYD has said that it will spin off the power battery business. as early as last year, BYD founder and chairman Wang Chuanfu said that BYD is working on the divestiture of the power battery business. the spin-off is expected to be completed by the end of 2018 or early 2019, and BYD's power battery business will be listed independently in 2022-2023. Then, already is the domestic new energy automobile industry leader's Biya.

  BYD listed 2019-08-10
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  CEO, an auto company, exposed that most meetings, business trips and business socializing are a waste of time.

  The epidemic has had a great impact on the automobile industry, the performance of car companies has declined seriously, slimming plans seem to be imperative, and many car companies have taken layoffs or wage cuts to deal with the crisis. There is also a reflection from the car company CEO: in the past, most of the company's meetings, business trips and business socializing were a waste of time. Ideal car CEO Li wanted to share on Weibo some important reflections on the company's operations during the epidemic, and unreservedly pointed out the "negative effects" of these meetings, business trips and business networking. Li Xiang said, "in the past, at least 40% of the meetings were a waste of time, buried by inefficient internal communication and brainless teammates.

  Ideal ONE 2020-03-27
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  Ren Zhengfei: the automobile business shrinks, taking survival as the main program

  On the afternoon of June 22, Ren Zhengfei shared an article entitled "the whole company's business policy should shift from the pursuit of scale to the pursuit of profit and cash flow" in Huawei's internal forum. Ren Zhengfei mentioned in the article that with the decline of global consumption power, Huawei should change its thinking and business policy from the pursuit of scale to the pursuit of profit.

  Huawei Business Automobile profit Revenue Global Smart Cash Cash flow people RMB crisis Market Terminal capacity 2022-08-24
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  After selling 400 properties, Haima responded: go back to the main business and return to the auto business.

  "A car brand focused on real estate speculation"-netizens poked fun at Haima Motors, which made this unimpressive independent car brand a hot spot on the Internet because of two announcements about the sale of its properties. A few days ago, Haima Motors responded to the property sale. Chen Kui, general manager of Haima, said that the sale of a large number of properties is a divestiture of Haima's idle assets, and in the future, Haima will also focus on the automobile business, especially the new energy vehicle business. Chen Quan also said: in the past, Haima did not devote all its energy to cars, but also engaged in real estate development and other businesses, without focusing. Now, the sea.

  Car seahorse 2019-07-14
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  Bancassurance Regulatory Commission: car dealers shall not operate automobile consumer loan guarantee business without approval.

  On October 23, the China Banking and Insurance Regulatory Commission issued the Circular on issuing Supplementary provisions on the Supervision and Management of financing guarantee companies, which clearly stipulates that "car dealers shall not engage in automobile consumer loan guarantee business without approval." The Supplementary provisions require that without the approval of the supervision and administration department, automobile dealers, automobile sales service providers and other institutions shall not engage in automobile consumption loan guarantee business, and the stock business that has been carried out shall be properly settled; if it is really necessary to carry out relevant business, a financing guarantee company shall be established to operate the relevant business in accordance with the provisions of the regulations. To the existence of illegal operation, serious infringement on the legitimate rights and interests of consumers (guarantor).

  Car loan 2019-10-23
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  Brilliance Group sets up an international trade company, or promotes the group's automobile import and export business.

  Through understanding, brilliance has set up an international trading company and is seeking to diversify its business to alleviate the malaise brought about by sales. Through Qixinbao inquiry, it was found that brilliance Automobile Group registered 50 million yuan on July 31 to establish brilliance International Trading Co., Ltd., its main business includes automobiles, used cars, auto parts, auto supplies, goods or technology import and export, and so on. It is worth noting that food sales business is also within its business scope, and the legal representative is Zhang Wei. This is after Yan Bingzhe succeeded Qi Yumin in charge of brilliance in April this year, and Gao Weimin served as chief technical engineer of brilliance in August.

  Brilliance group 2019-08-06
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  Yu Chengdong: automobile is the only loss-making business of Huawei. Eliminate fuel vehicles as soon as possible.

  On July 7, at the 14th China Automobile Blue Book Forum, Huawei Managing Director, Consumer Business BG CEO and Huawei Smart car solution BU CEO Yu Chengdong revealed that automobile is Huawei's only lossmaking business. Yu Chengdong said that Huawei has invested a lot in the automobile business, and every year

  Huawei Automotive Business Intelligence Brand Press Conference Mobile phone Technology Cooperation Resolution vehicle Consumer parts Manufacturing consumption 2022-07-08
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  Geely and Volvo will share powertrain by merging engine business.

  Geely and Volvo are exploring the possibility of merging their engine businesses, which is still in the planning stage and needs to be implemented after the two sides reach an intention to merge and complete due diligence, Geely Holdings said today. According to the plan, after the engine business, the partners will establish new powertrain business units, research and development, production powertrain and hybrid power system, and enhance the scale effect in R & D, production, procurement and operation. At the same time, the new business unit will become an independent powertrain supplier and can also supply other vehicle manufacturers. For Volvo, the plan will make Volvo cars.

  Geely Volvo Geely Volvo merger 2019-10-07
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  The car insurance business of 111 institutions across the country has been suspended under a large-scale car insurance crackdown.

  Since the beginning of this year, regulators have taken more severe punishment measures to start a large-scale car insurance rectification action in view of the illegal and illegal activities related to the business of car insurance institutions. According to the Shanghai Securities News, in the first three quarters of this year, the Bancassurance Regulatory Bureau investigated and suspended 111 institutions' car insurance business across the country, of which 87 were fined more than 17 million yuan. In the first three quarters of 2019, 28 bancassurance regulatory bureaus imposed regulatory measures on 111 institutions to stop using commercial car insurance terms and rates. Among them, there are 2 provincial institutions, 4 municipal institutions separately listed in the plan, 98 prefecture-level municipal institutions and 7 county-level institutions. These branches come from 28 legal persons.

  Automobile insurance 2019-10-27
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  Rush to the hot search! Ren Zhengfei issued an internal document announcing the prohibition of Huawei World!

  On March 31st, a # Ren Zhengfei post reiterated that Huawei does not build cars # rushed onto the Weibo hot search list and became the focus of the industry's attention. Ren Zhengfei, founder and CEO of Huawei, issued an internal announcement to re-emphasize that "Huawei does not build cars" and extended the validity period for another five years. In this internal announcement, in addition to emphasizing that "Huawei does not build cars"

  Huawei Automotive Business Cooperation Brand effectiveness Revenue validity Model document Company Smart again solution 2023-03-31
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  The British lion is struggling, and Jaguar Land Rover is gradually revitalizing its business in China.

  Ralph Speth, chief executive of Jaguar Land Rover, said Jaguar Land Rover was grappling with the saturated Chinese market as it tried to stabilise its troubled sales business. In February, the business caused Jaguar Land Rover to write down $4 billion in assets. The picture shows Chery Jaguar.

  Volvo Ningde era power battery 2019-05-17
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  Professor Heizman officially retired, and Deiss took over Volkswagen's business in China.

  After today, Professor Heizman, who has devoted almost his life to Volkswagen Group, will officially retire, Deiss will take over as head of the China Management Board, responsible for the strategic direction of China business, and Dr. Feng Sihan will be responsible for the operation of Volkswagen's business in China. The development of brands and all day-to-day work. At the meeting, Professor Heizman also stressed that he would continue to use his rich experience in China and the Volkswagen Group as a whole to provide consulting services, not only for China, but also for the global business. At the same time, continue to retain certain responsibilities in Volkswagen Group after retirement, such as providing consultants, participating in some activities, and so on. 1...

  Volkswagen Heizman Deiss take over Volkswagen 2019-02-09
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  Didi launches luxury car business in first-tier cities and drivers can earn up to 30,000 / 40,000 a month.

  According to domestic media reports, Didi luxury car business has been opened in Beijing, Shanghai, Shenzhen and other cities. Didi luxury cars will face middle and high-end consumers, and if they want to meet their own image and price, then service is naturally the core. It seems that Didi is ready to fully develop the high-end ride-hailing market! It is understood that the starting price of Didi luxury car business is 35 yuan, and there are three driver modes to choose from: any company clerk, senior division clerk (additional fee 50 yuan) and English certification division clerk (additional fee 100 yuan). But the cost of Didi luxury car is nearly three times that of Didi Express Taxi and nearly twice that of Li Orange chauffeured car. The clothes of Didi luxury car.

  Launch Didi driver 2019-07-25
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  In response to the national call for epidemic prevention and control, 4S stores in many places have postponed their business hours.

  As the pneumonia epidemic infected by novel coronavirus continues to spread, in order to strengthen the prevention and control of the pneumonia epidemic, reduce the gathering of personnel, and stop the spread of the epidemic, the General Office of the State Council recently issued a notice to extend the Spring Festival holiday in 2020. In response to this, dealers in many places across the country also responded to the call and postponed the business hours of 4S stores.

  4S store 2020-01-28
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  Will Huawei BU operate independently? Official response

  Huawei intends to promote the independent operation of car BU and is in close contact with Chongqing State-owned assets Supervision and Administration Commission (SASAC), according to market news. Several people close to Huawei said that the scope of this independence is not limited to ADS, but includes most of the businesses owned by car BU, in a form similar to Glory Solo. In addition, eliminate

  Huawei Automotive Business Intelligence Model Independence Solutions Solutions Brand Market News Cooperation Business Operations Business Department 2023-08-11
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  A number of car companies have announced that they are reducing pressure for dealers: adjust their business policies and set no sales targets

  Under the influence of the pneumonia epidemic infected by novel coronavirus, earlier, several brand 4S stores and dealer groups responded to national regulations by extending the Spring Festival holiday to February 2. Due to the expansion of pneumonia infection, the Spring Festival holiday was extended again, various enterprises in many provinces and cities asked to postpone work to the 9th, dealers' business hours were postponed again, while Hubei Province extended the Spring Festival to the 13th. Due to the extension of the holiday, dealers are faced with the problem of failing to meet their sales targets, resulting in increased operating pressure. In view of this situation, a number of car companies issued announcements to adjust the business policies of dealers, give subsidies, and even cancel the assessment to reduce the pressure on dealers. Novel coronavirus is not.

  Dongfeng Yueda Kia: it is proposed that its dealers will resume work until February 10. 2020-02-03
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  Lifan lost 947 million yuan in net profit in the first half of 2019, and the focus of development shifted to motorcycle business.

  On the evening of August 22, Lifan released a semi-annual report with a net loss of more than 900 million yuan, and also carried out a series of personnel adjustments, such as a change of general. According to the data, the company's operating income in the first half of 2019 was 5.178 billion yuan, down 13.39 percent from the same period last year, while the net profit was 947 million yuan, compared with a profit of 125 million yuan in the same period last year, down 859.98 percent from the same period last year. For such a great change in performance in the middle of the year, Lifan said in the announcement that, first of all, changes in the external market environment affected the company's production and marketing, resulting in a substantial decline in production and sales and a decrease in gross profit; secondly, due to the difficult financing environment, the company was short of funds, in order to maintain production and operation.

  Loss 2019 Lifan 2019-08-23
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  Ford and Mahindra set up a joint venture in India to save Indian car business

  According to foreign media reports, due to Ford's failure to achieve substantial development in the Indian market for more than 20 years, Ford transferred its assets in India to a joint venture with Mahindra. Ford is to set up a $275 million joint venture in India with Mahindra, which has rescued its declining car business in India. Under the agreement, Ford owns 49% of the joint venture, while Mahinda owns 51% of the company. It is understood that after the establishment of the company, Ford's business in India will be transferred to a joint venture, including Sanghe's staff and assembly plant in Chennai.

  Ford 2019-10-04
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  New energy business is a drag, Evergrande Health forecasts a loss of 4.9 billion yuan in 2019.

  On the evening of March 22nd, Evergrande Health issued a profit warning announcement, which showed that the net loss in 2019 is expected to be about 4.9 billion yuan, which is further larger than the loss of 1.428 billion yuan in 2018. For the reason for the further expansion of the loss, Evergrande Health said that it is mainly due to the expansion of new energy vehicle business, which is in the investment stage, the purchase of fixed assets and equipment, research and development and other related expenses and interest expenses have increased. Evergrande Health estimates that the group holding company expects a net loss of 2 billion yuan in 2019, a net loss of 3.2 billion yuan in the new energy vehicle business, and a net profit in the company's health management business over the same period.

  Evergrande 2020-03-23
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  Renault transferred Dongfeng Renault shares, Dongfeng Renault stopped Renault brand business in China

  On April 14, Renault Group announced a new strategy in the Chinese market. It is understood that the future Renault Group's business in China will focus on light commercial vehicles and electric vehicles, which will constitute the two pillars of its business in China in the future. As for the traditional fuel vehicle business, Renault Group has reached a preliminary agreement with Dongfeng Automobile Group Co., Ltd. to transfer the shares held by Renault Group in Dongfeng Renault Motor Co., Ltd. to Dongfeng Automobile Group Co., Ltd. According to the announcement issued by Dongfeng Motor, due to the decline of the domestic automobile market and the operating conditions of Dongfeng Renault, shareholders plan to reorganize Dongfeng Renault.

  Dongfeng Renault 2020-04-14