Passenger Car Federation: From November 1st to 12th, retail sales in the passenger car market increased by 18% year-on-year
According to data from the Passenger Car Association, the retail volume of the passenger car market from November 1st to 12th was 538000 units, an increase of 18% year-on-year and a decrease of 15% year-on-year.
Since the beginning of this year, the cumulative retail volume has reached 17.85 million vehicles, a year-on-year increase of 4%. The wholesale quantity of passenger car manufacturers nationwide is 580000 units, an increase of 19% year-on-year and 7% year-on-year. Since the beginning of this year, the cumulative wholesale quantity has reached 20.851 million vehicles, a year-on-year increase of 7%.
Liu Aihua, spokesperson for the National Bureau of Statistics: The demand for car purchases is expected to continue to be released
Liu Aihua, spokesperson for the National Bureau of Statistics, stated at the press conference of the National Development and Reform Office on November 15th that the rapid growth of new energy vehicle exports can be attributed to the contributions of both supply and demand.
Firstly, the demand side has shown strong performance. In recent years, many countries, including China, have been promoting the transformation of green energy, and the concepts of green and environmental protection have gradually taken root in people's hearts. As a result, the demand for green products and environmentally friendly goods is constantly increasing. Driven by this demand, new energy vehicles have maintained rapid growth in both domestic and international markets.
Secondly, the supply side has been continuously strengthened and optimized. After years of development, China's new energy vehicle industry has relatively strong technological innovation and competitiveness, with increasingly diverse product categories and continuously improving supply capacity. Overall, with the continuous improvement of supporting facilities for new energy vehicles, the demand for car purchases is expected to continue to be released.
Xiaomi Motors has made a new announcement, but the production qualification issue has not been fully resolved yet
In the latest "Announcement of Road Motor Vehicle Production Enterprises and Products", two Xiaomi electric sedans made their debut. The announcement shows that although Xiaomi has used its own factory, the registered enterprise name is still "Beijing Automotive Group Off road Vehicle Co., Ltd.". This indicates that Xiaomi Motors may have temporarily borrowed production qualifications from Beijing Automotive, and has not yet fully resolved its own production qualification issues.
Industry insiders point out that Xiaomi Motors may need to temporarily utilize Beijing Automotive's production qualifications in the early stages and then continue to apply for independent qualifications.
Jiangling Automobile's continuous rise triggered abnormal trading fluctuations, and the company verified that there were no abnormal situations
Jiangling Motors has released an announcement that its stock's closing price has deviated by more than 20% in three consecutive trading days on November 13, November 14, and November 15, 2023, resulting in abnormal fluctuations in stock trading. After verification, the company did not find any information that needed to be corrected or supplemented, nor did it discover any undisclosed significant information related to stock price fluctuations. The company operates normally and there have been no significant changes in the internal and external business environment. The controlling shareholder and actual controller have not bought or sold the company's shares.
Renault CEO plans to sell Nissan Automobile shares to raise funds for development plans
Luca de Meo, CEO of Renault Group, stated in a media interview on November 15th that he plans to begin selling 28.4% of Nissan's shares recently transferred by Renault to a trust company in the near future, with the aim of funding a development plan.
Luca de Mayo said, "We have reached an agreement with Nissan to collaborate in a highly coordinated manner and may begin selling shares in early 2024
Cruise appoints a new Chief Executive Officer and conducts a security assessment, emphasizing secure operations
Cruise, an autonomous driving company under General Motors, released an important announcement on the 14th local time. According to the announcement, General Motors' Vice President of Law and Policy, Craig Glidden, will also serve as Chief Executive Officer of Cruise. In addition, Cruise plans to hire third-party security experts in the coming weeks to conduct a comprehensive evaluation of its security operations and culture. This measure is the latest development since the company announced the suspension of all unmanned driving operations on October 26th.
Cruise also plans to suspend its supervised and manually operated autonomous vehicle business in the United States in the next few days, which will affect about 70 vehicles. Cruise emphasizes their commitment to rebuilding trust and will adhere to the highest security standards to operate their business.
South Korean car exports increased by 8.6% year-on-year in October
According to data released by the South Korean Ministry of Industry, Commerce, and Resources, from January to October this year, the cumulative export value of South Korean cars reached 57.96 billion US dollars, a year-on-year increase of 33.9%. In October, South Korean automobile exports reached a historic high of 5.88 billion US dollars, a year-on-year increase of 19.8%. In October, the number of South Korean car exports was 2254200, an increase of 8.6% year-on-year. The production of automobiles in October was 341000 units, a year-on-year increase of 3.9%.
The Ministry of Resources predicts that the South Korean automotive industry is expected to once again set a historical record in annual production, surpassing the 4 million vehicle mark in five years.
Faraday will hold an Investor Day event in the future and plan to release its next strategy in the Middle East
NASDAQ: FFIE announced on November 15th that it will hold the "FF Investor Day" event at its global headquarters in Los Angeles at 2:00 am Beijing time on November 16th. This event will provide participating analysts and investors with the opportunity to test drive and ride the FF 91 2.0 Futurist Alliance. At the same time, the company also plans to hold the "FF Middle East Strategy Conference" in Abu Dhabi, the capital of the United Arab Emirates, with the specific date to be announced within this month.