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auto morning news | volkswagen considers closing german factories to cut costs great wall motors cto wang yuanli to retire

2024-09-03

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china passenger car association: it is estimated that the wholesale sales of new energy passenger car manufacturers in august will be 1.05 million units, a year-on-year increase of 32%

based on preliminary monthly data, the china passenger car association estimates that the national wholesale sales of new energy passenger vehicle manufacturers in august will be 1.05 million units, a year-on-year increase of 32% and a month-on-month increase of 11%.

in the first half of the year, nearly 80% of the companies in the automotive industry of the beijing stock exchange achieved revenue growth, and the average net profit increased by 6.5% year-on-year

data released by the beijing stock exchange show that in the first half of the year, benefiting from the growth in the production and sales of domestic passenger cars, the beijing stock exchange's automobile industry has a good growth momentum. nearly 80% of the companies have achieved growth in operating income, and the average net profit attributable to the parent company is 25.2137 million yuan, a year-on-year increase of 6.50%. relying on its own comprehensive advantages, the automotive parts company jiezhong technology has further strengthened the development of the new energy vehicle market and expanded its sales share. in the first half of the year, the net profit attributable to the parent company doubled year-on-year. driven by multiple favorable factors such as the adjustment of supply and demand relations and geopolitical factors, the non-ferrous metal industry has a good growth momentum. in the first half of the year, the metal materials companies of the beijing stock exchange achieved an average net profit attributable to the parent company of 24.1491 million yuan, a year-on-year increase of 19.85%. the demand for spherical zinc powder products of the metal zinc powder company xinweiling has increased significantly, with operating income increasing by 48.09% year-on-year and net profit attributable to the parent company increasing by 83.44% year-on-year.

baic blue valley: subsidiary baic new energy plans to introduce strategic investment and increase capital by no more than 10 billion yuan through public listing

baic bluepark announced on september 2 that its subsidiary beijing new energy automobile co., ltd. (baic new energy) plans to increase capital and expand shares by introducing strategic investors through public listing, with the amount of capital increase not exceeding 10 billion yuan and the capital increase price not lower than the evaluation result. after the capital increase, the company will still be the controlling shareholder of baic new energy.

gac fiat chrysler automobiles changsha plant opens third round of auction, starting at 1.225 billion yuan

according to cailian news agency,the administrator of gac fiat chrysler automobiles announced on september 2 that the third online auction of gac fiat chrysler automobiles changsha plant will be held. the starting price is 80% of the previous unsold price, which is about 1.225 billion yuan. the deposit is 100 million yuan and the public notice period is 15 days. previously, the gac fiat chrysler automobiles changsha plant had been auctioned twice, but both failed due to no registration. after the two failed auctions, the administrator postponed the third auction and actively contacted the local government investment promotion department and a few potential investment companies again. at present, there is no confirmed investment company, so the third round of online auction was held.

skyworth auto and polytron signed a strategic cooperation agreement

skyworth auto and polytron, a high-tech subsidiary of indonesia's djarum group, formally signed a mou strategic cooperation agreement in jakarta, indonesia. the cooperation covers multiple areas such as kd (knocked down) factory construction, joint product development, and localized development of software and hardware.

great wall motors cto wang yuanli to retire, wu huixiao to take over

on september 2, wei jianjun, chairman of great wall motors, announced that cto wang yuanli will officially retire on september 30, and wu huixiao will take over the position. during this period, wang yuanli will assist wu huixiao in a smooth transition and ensure the smooth progress of the work of the technical center.

deep blue auto signs contract with uae automotive distribution group

according to deepblue auto on september 2, deepblue auto signed a strategic cooperation agreement with uae automobile distribution group al tayer motors. both parties will jointly promote deepblue products to enter the uae market.

musk plans to release robotaxi at warner bros. studios? tesla china: no news yet

according to the shanghai securities news, people familiar with the matter said that tesla plans to hold an event at warner bros. discovery's film studio in the los angeles area to showcase the robotaxi (driverless taxi) that everyone is looking forward to. on september 2, a person related to tesla china said that there was no news from within the company.

for the first time in its history, volkswagen considers closing german plants to cut costs

volkswagen is considering closing factories in germany to further cut costs, and the company said it plans to close at least one larger car manufacturing plant and a parts factory in germany. according to a statement released on september 2, these potential measures target volkswagen's main passenger car brands and other group entities. specific measures also include trying to terminate the agreement reached between the company and the union to ensure employment stability until 2029. if the factory is closed, it will mark the first time volkswagen has closed a factory in germany in its 87-year history, and the company is expected to clash with powerful unions.

"the economic environment has become more difficult and new players are entering europe," volkswagen chief executive oliver blume said in a statement. "germany is falling further behind in competitiveness as a business location." works council president daniela cavallo accused management of failing to act, according to a separate statement, after the company met to discuss in detail the potential losses at its core brand, which makes the golf and tiguan models.

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