The sales volume is bleak, and more than half of the car companies are thinking about the year-end award this year.
Editor’s note: This article is from “Future Car Daily” (WeChat public ID: auto-time), author: Pan Lei.
Organization | Pan Lei
Headline
Geely Announces Results Announcement for the First Half of 2019, Revenue Profits Decline Year-on-Year
On August 21, Geely Automobile released its first half of 2019 results announcement, with revenue of 47.556 billion yuan in the first half of the year, down 11% from the same period last year of 53.709 billion yuan. Net profit for the first half of the year was 4.01 billion yuan, down 40% from 6.67 billion yuan in the same period last year. Data show that in the first half of 2019, Geely Automobile sold a total of 651,680 cars (including the brand), down 15% from the same period last year. The total sales volume in the Chinese market was 613,061 units, a year-on-year decrease of 19%. (Future Auto Daily)
Features
More than half of the annual sales target completion rate is less than 40%
In the first half of this year, among the 25 traditional car companies, 13 annual sales target completion rates were less than 40%, accounting for more than half of the statistical enterprises. However, no new energy vehicle companies have completed the established semi-annual sales target, and the average completion rate is less than 40%. (Securities Daily)
Jianghuai Automobile sales plummeted, net profit fell nearly 70%
Jianghuai Automobile sold 27,600 units in July, down 27.29% year-on-year. From January to July 2019, Jianghuai Automobile’s cumulative vehicle sales reached 262,700 units, a year-on-year decline of 9.46%. The first quarter report of 2019 showed that from January to March, Jianghuai Automobile’s net profit attributable to shareholders of listed companies was about 65 million yuan, down 69.13% year-on-year. (China Net Car)
Investor equity transfer, or involving car and home overseas listing plan
Recently, Changzhou Wunan New Energy Automobile Investment Co., Ltd. publicly listed and transferred 0.91% equity of the car and home, with a reserve price of 96.5 million yuan, compared with the investment of 50 million yuan in the investment vehicle and home in 2016, the book income is about 1.9 times. . At present, the car and home are preparing to go overseas for listing. Wunan New Energy involves state-owned assets or sells shares. (EV Century)
Zhidou Motor was listed as a breach of trust 35 times in half a year, and President Bao Wenguang was restricted by high consumption
The statistics of Kaixinbao show that since the second half of 2018, Zhidou has been listed as a breach of trust executor three times. In 2019, it has been listed as a breach of trust executor 35 times so far. The latest data shows that in August of this year (as of August 20), it has exceeded the target of 11.7 million yuan. Due to problems such as company contract disputes, Bao Wenguang, president of Zhidou Automobile, was restricted from spending high. (Economic Observer Network)
Brilliance BMW plans to push 3 series plug-in hybrid
Brilliance BMW is planning to produce a new generation of 3 Series plug-in hybrid version, and is based on the long-wheelbase gasoline version (G28), named 330Le, to continue to promote BMW’s new market in China. Energy vehicle product line. It is expected that 330Le will be available in 2021. (Sina Car)
Two-hand car transaction volume and transaction volume increased in the first half of the year
In the first half of the year, although the growth rate of the used car market slowed down due to the impact of the new car market, it still maintained a growth trend. The transaction volume in the first half of the year was 6.862 million units, up 3.93% year-on-year; the transaction volume was 433.6 billion yuan, a year-on-year increase. 5.16%. (China Auto News Network)
Imported carThe number increased by 17.2% year-on-year.
The monthly report of China’s imported auto market released by SINOMACH (June 2019) shows that in June, China’s customs imported about 105,000 vehicles, an increase of 586.7% over the same period of last year; Ten thousand vehicles, an increase of 17.2%. (Daily Economic News)
New Products
Rolls-Royce says it will sell electric cars when appropriate
Rolls Royce has long said that there are plans to start selling electric cars. But this is just an expression. Other auto companies seem to want to provide this technology as soon as possible, but Rolls-Royce said today that its EV model will be launched when the time is right. This was revealed by company CEO Torsten Müller-tvs during a conversation with members of the media in Pebble Beach, California last weekend. “We will do this.” He also expressed the hope that the future owners of Rolls-Royce will be assured. (World Wide Web)
The core features of the Weilai NIO Pilot driver assistance system are released
In June of this year, Wei Lai announced the NIO Pilot driver assistance system version 2.0 push, adding 7 new features. These major functions have been released in the near future, including automatic pilot (pilot), turn signal control lane change (ALC), automatic road maintenance (LKA), front side vehicle warning (CTA-F), road sign recognition (TSR). Wait. ()
United Arab Emirates high school students develop intelligent road safety equipment to wake up sleepy drivers
According to foreign media reports, three high school students in the UAE designed an intelligent road safety device that wakes up the driver when the driver is driving and dozing off. The smart device monitors the driver’s driving process all the time. If the driver is drowsy, he can talk to the driver via smart device or wake up the driver with a warning light or a horn. (Gai Shi Automobile)
