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Under the continued impact of the COVID-19 epidemic, a number of international car companies announced quarterly losses in 2020, including Volkswagen, Nissan, General Motors, Daimler, Renault and more than a dozen others, with operating losses in the first half of the year or the first quarter of the fiscal year. A few days ago, a number of car companies announced financial results, BMW, Honda, Mitsubishi, Jaguar Cool Tiger and so on also fell into losses. The impact of stagnant global sales on the performance of car companies has expanded further. BMW .jpg "/ > BMW: loss of 1.9 billion yuan according to BMW Group's second-quarter results, BMW posted a net loss of 230 million euros (about 1.9 billion yuan) in the second quarter, compared with the same period last year.
Due to the impact of the COVID-19 epidemic, global automakers experienced a dismal first half of the year, resulting in a sharp decline in sales, operating income and profits, and even into a loss-making state of operation. According to incomplete statistics, more than a dozen automakers have reported losses in the first half of 2020, including Volkswagen, Renault, Nissan, General Motors, Volvo, Daimler and so on. Volkswagen Group: loss 11.5 billion July 30 Volkswagen Group announced results for the first half of 2020: sales revenue of Volkswagen Group was 96.1 billion euros, down 23.2% from the same period last year; pre-tax profit loss was 1.4 billion euros (about people.
Since the establishment of Ulai, sales have gradually increased, reaching a record high in 2019. However, according to the data that Xilai submitted its annual report to the US SEC a few days ago, the company's revenue loss expanded again, which means that the pace of loss has not been stopped.
Nissan's business is very worrying and seems to be in a state of endless losses. After a huge loss of 671.2 billion yen (about 44.7 billion yuan) in fiscal year 2019, Nissan expects the loss in fiscal year 2020 to be the same as that in the previous fiscal year, with a loss of 285.5 billion yen (19 billion yuan) in the first quarter alone. Kyodo news agency reported on July 28 that Nissan's consolidated results for the first quarter of fiscal 2020 (April-June) showed a net loss of 285.5 billion yen (about 19 billion yuan), compared with a profit of 6.3 billion yen in the same period last fiscal year.
Fukuda responded to a huge loss of 3.6 billion, citing Bowo's central passenger car business as the main reason for the loss. Since its listing in 2016, Bowo's net profit has been-484 million,-985 million and-2.545 billion yuan respectively, with losses increasing year by year. Bowo's loss in 2018 accounted for 70% of Futian Motor Co., Ltd., due to the decline in sales and the increasing intensity of the market as a result of the downturn in the passenger car market, and the increase in advertising promotion fees compared with the same period last year. The amount of financing for the current period increased compared with the previous year, but the financial expenses increased compared with the same period last year, resulting in the same profit.
On September 7, Weilai finally released its semi-annual performance report. At this point, the non-performance transcripts of the three new power enterprises of "Wei Xiaoli" have all been handed over. As the last car company to hand in its report card, Weilai achieved an operating income of 20.2 billion yuan in the first half of the year, an increase of 23.0% over the same period last year.
French carmaker Renault Automotive Group officially announced its 2020 results. According to the financial report, Renault Group's operating income fell 21.7% year-on-year to 43.5 billion euros (340.3 billion yuan) in 2020, with a net loss of 8 billion euros (62.6 billion yuan), the biggest loss year since Renault Group was founded. Renault said the loss was mainly due to a decline in car sales in major European markets as a result of the COVID-19 epidemic. In fact, the reason why Renault made such a big loss is because of Nissan. In the Renault-Nissan-Mitsubishi alliance, Nissan owns Renault Group 44.
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.
On the evening of June 18, Zhongtai Motor issued a revised announcement of its 2019 results, showing a loss of 10.8 billion yuan to 11.5 billion yuan in 2019, compared with an estimated loss of 6 billion yuan to 9 billion yuan, compared with a profit of 800 million yuan in the same period last year. As for the reasons for the performance correction, there are mainly the following two points: ① is affected by factors such as COVID-19 's epidemic situation, and the company's cash flow is further affected. Due to financial constraints, the management of the company adjusted the original resumption plan according to the actual situation, adjusted some of the reproduced models and reduced the reproduction output, and the recoverable amount of the calculated production line was lower than its book value, resulting in some.
According to foreign media statistics, NIO, which is known as "Tesla of China", has been established for four years since 2015. However, over the past four years, the loss of Lulai has reached Tesla's cumulative loss of 15 years, about 5 billion US dollars. After 4 years of development, there is not only no "hematopoietic function", but the loss is still continuing. Some analysts believe that Xilai will lose another 2.6 billion yuan ($369 million) in the second quarter, or about $4 million a day, bringing the company's cumulative loss since its inception in 2014 to about $5.7 billion. According to Weilai Automobile.
Recently, 360 Company announced its financial results for 2022. According to the financial report, the revenue in 2022 was 9.521 billion yuan, down 12.54% from the same period last year, the net loss was 2.204 billion yuan, the profit for the same period in 2021 was 902 million yuan, and the net profit fell 344.23% from the same period last year.
During the announcement of second-quarter results, Weilai suddenly cancelled its earnings conference call. On that day, Weilai's shares fell sharply, hitting a record low of $1.97. U.S. stocks closed at 5 a.m. on Sept. 26, and Weilai shares closed at $2.05. On September 25, Xilai announced that it would hold a second-quarter earnings conference at 20:00 Beijing time. Weilai management responded to external news and problems, including losses, layoffs, future development plans, and so on. Weilai second quarter financial report shows that the revenue is 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan; the second quarter belongs to shareholders.
Tesla released its results for the second quarter of 2019 on July 25, with record delivery data and improved losses. According to the financial report, Tesla realized revenue of $6.35 billion in the second quarter, up from $4 billion in the same period last year, and realized a net loss of $408 million (about RMB 2.8 billion). Compared with the same period last year, the loss was $718 million in the same period last year. the loss in the first quarter was $702 million. Tesla also said that as a result of this growth and operational improvement, it generated a free cash flow of $614 million in the second quarter (operating cash flow minus capital expenditure.
On March 19, Jianghuai Automobile released its 2019 financial results, showing that its business income reached 47.286 billion yuan in 2019, down 5.60% from the same period last year. The net profit belonging to shareholders of listed companies was 106 million yuan, compared with 2018-786 million. 2019 achieved a turnround. It seems that it has turned losses into profits, but in fact it is still difficult to escape the status quo of losses. The non-recurrent profit and loss of Jianghuai Automobile in 2019 is mainly concentrated in government subsidies, disposal of illiquid assets and investment income, of which the government subsidy is as high as 1.117 billion yuan, so although it belongs to listed companies.
On August 19, Cyrus released its semi-annual results report for 2022. The report shows that Selis's operating income in the first half of the year was 12.416 billion yuan, an increase of 68.14% over the same period last year; the net loss of shareholders belonging to listed companies was 1.717 billion yuan, compared with a net loss of 481 million yuan in the same period; net loss of non-recurrent profit and loss
Recently, Tesla reported a net loss of $408 million in the second quarter of 2019, bringing Tesla's net loss in the first half to $1.11 billion, but the company remains confident that it will return to profit in the second half of this year. In this regard, industry insiders said that Tesla is facing tremendous pressure to make a profit this year. According to Tesla's second-quarter results, the company had revenue of $6.35 billion in the second quarter, up 58.67% from a year earlier. In terms of profit, Tesla posted a net loss of $408 million in the second quarter, down 43.18% from a year earlier. Meanwhile, this year.
Xilai, which has experienced the "worst" term in 2019, seems to have performed well in 2020. According to the latest financial data released by Weilai a few days ago, it is better than the expectations given by analysts.
On October 14, Haima issued a performance forecast for the first three quarters of 2021, which is expected to achieve a net profit loss of about 153 million yuan to 178 million yuan for shareholders belonging to listed companies from January to September in 2021, compared with a loss of about 234 million yuan in the same period last year. It is worth noting that this is not the first time that Haima Motor has lost money, as its net loss has exceeded 2 billion yuan in the past two years. As for the loss, Haima Motors said in the announcement: the product market performance has not met expectations. In addition, since the third quarter, the seahorse car base in Zhengzhou has encountered an epidemic situation and extreme rainstorm disaster weather, and normal production and management activities have been affected to a certain extent.
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.
India's Tata Motors posted the biggest loss in Indian corporate history after a loss of $4.06 billion on revenue of $8.06 billion in the third quarter of 2019 (October-December 2018), according to results released on Feb. 7. The decline in sales, especially in China, where Jaguar Land Rover lost more than $4 billion in a single quarter, Jaguar Land Rover has already implemented a reduction plan to reduce book losses and losses, and plans to save 2.5 billion pounds over the next two years. however, there is still an urgent need for funds to make up for the big hole in last year's losses, so Jaguar Land Rover announced financing 1.
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
Chuan Aichi cars give up the domestic market!
The car owner was killed by an electric tent on the roof. The Great Wall Gun responded.
Raise it to 100%! The United States announces an increase in tariffs on Chinese electric vehicles
BMW Group official Xuan! The brand of MINI is changed.
A big adjustment in the ranking! The latest sales list of medium-sized cars has been released
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