Car Association Cui Dongshu: From January to September, the automotive industry's revenue was 7115 billion yuan
On October 27th, Cui Dongshu, Secretary General of the China Association of Automobile Manufacturers, stated in a letter that the automotive industry's revenue from January to September was 7115 billion yuan, a year-on-year increase of 10%; The cost is 6195.5 billion yuan, an increase of 11%; The profit was 346 billion yuan, a year-on-year increase of 0.1%. The profit margin of the automotive industry is 4.9%, which is still relatively low compared to the average profit margin of 5.6% for the entire industrial enterprise.
Cui Dongshu: Currently, the central government and governments at all levels are stabilizing automobile production, actively expanding market consumption, and the overall situation is stable and improving.
Great Wall Motors' operating revenue in the third quarter was 49.532 billion yuan
On October 27th, Great Wall Motors released its performance report for the third quarter of 2023. During the period, the company's operating revenue was 49.532 billion yuan, a year-on-year increase of 32.63%; The net profit attributable to the parent company was 3.635 billion yuan, a year-on-year increase of 41.94%; The net profit attributable to the parent company was 3.058 billion yuan, a year-on-year increase of 34.04%.
Cailian Automobile: Great Wall Motors achieved a triple jump in sales and performance.
Zhongtai Automobile: Net profit loss of 163 million yuan in the third quarter
On October 27th, Zhongtai Automobile released its third quarter report, which showed a revenue of 161 million yuan in the third quarter, a year-on-year decrease of 14.46%; The net profit loss attributable to the shareholders of the listed company is 163 million yuan; In the first three quarters, the net profit attributable to the parent company suffered a loss of 447 million yuan.
Cailian Automobile: In recent years, Zhongtai Automobile's performance has continued to come under pressure.
Yang Qing serves as the Chairman and Party Secretary of Dongfeng Motor Group
Dongfeng Motor Group Co., Ltd. held a meeting for middle-level and above management personnel on October 27th. The relevant leaders of the Organization Department of the Central Committee of the Communist Party of China have announced the decision of the Party Central Committee on the adjustment of the main leadership of Dongfeng Motor Group Co., Ltd.: Comrade Yang Qing will be appointed as the Chairman and Secretary of the Party Committee of Dongfeng Motor Group Co., Ltd., and his position as the General Manager of Dongfeng Motor Group Co., Ltd. will be removed. The appointment and removal of relevant positions shall be handled in accordance with the provisions of relevant laws and articles of association.
Cailian Automobile: Dongfeng Automobile's "leader" who has been vacant for seven months has been confirmed.
Geely Holdings: Strictly abide by the laws and regulations of various countries around the world, participate in market competition in accordance with the law and regulations
On October 27th, Yang Xueliang, a spokesperson for Geely Holdings Group, stated on social media that Geely Holdings Group will actively cooperate with the EU's anti subsidy investigation. Automobile is a global industry, and Geely Holding Group has always respected free trade, advocated fair competition, strictly followed the laws and regulations of various countries around the world, and participated in market competition in accordance with the law and regulations. Based on the principle of mutual benefit and win-win situation, Geely Holding Group has been continuously investing in Europe for more than ten years, not only safeguarding the iconic automotive brands in Europe, but also promoting good industrial synergies. The rapid development of new energy vehicles in China not only brings a beautiful travel experience to global users, but also serves as a strategic measure to address global climate change and promote green and sustainable development.
Cailian Automobile: The European Union claimed to "protect" the European automotive industry, but adopting trade protectionism policies was ultimately proven to have no protective effect, and the results were not worth the loss.
Zero Run Automobile Wuqiang: The largest single shareholder of the company remains unchanged
On October 27th, Wu Qiang, the co president of Zero Run Motors, stated that after Stellantis became a shareholder, the shareholding ratio of the company's founder, chairman and CEO, Zhu Jiangming, and others who acted in unison will be diluted from 27.5% to about 23.5%, remaining the largest single shareholder group of Zero Run. The day before, Zero Motor announced that Stellantis Group plans to invest approximately 1.5 billion euros to acquire approximately 20% of the company's equity, which will make Stellantis Group an important shareholder of Zero Motor and secure two seats on Zero Motor's board of directors.
Associated Press Auto: Zhu Jiangming is still in charge of zero running cars.
Starting from selling 249900 yuan, Jiyue 01 went public
On October 27th, Jiyue 01 was officially launched with a guiding price of 249900 to 339900 yuan. The new car is positioned as the world's first AI automotive robot, equipped with a 35.6-inch 6K ultra clear integrated screen, standard with Qualcomm 8295 and dual N VIDIA DRIVE Orin chips, and a voice system covering complex scenes such as inside and outside the car, four way simultaneous speaking, and continuous dialogue. The Jiyue 01 Max version is equipped with a single motor and offers two power batteries, 71.4kWh and 100kWh, with CLTC range of 550km and 720km respectively; The Jiyue 01 Max Performance version has a peak power of up to 400kW with dual motors, a maximum acceleration of 3.8s at zero hundred degrees, and a range of 660km. The "ROBO Drive Max" is named after the "Jiyue 01 High Level Intelligent Driving". This year, the urban high level intelligent driving function will be opened to all users in three cities: Shanghai, Shenzhen, and Hangzhou. PPA can be used on 90% of highways and elevated roads in the country. In 2024, PPA will gradually open more than 200 cities nationwide.
Cailian Automobile: As the world's first intelligent car that relies on a "pure visual" perception algorithm and "takes over the entire process" to run through complex urban roads in China, the release of the Jiyue 01 is quite meaningful.
Retail price of 769000 yuan, Krypton 001 FR officially launched
On October 27th, the Krypton 001 FR was officially launched, with a retail price starting at 769000 yuan. According to the official statement, since its debut, the Jikron 001 FR has been the first of five core technologies in global mass production: the four motor distributed electric drive, the world's first ZVC four-wheel torque vector control, the world's first "dragonfly structure" mid section integrated die casting, the world's first mass production and delivery of the 8295 intelligent cockpit computing platform, and the world's first mass production and installation of satellite communication technology.
Cailian Automobile: The "strongest performance vehicle on the surface".
Ford Motor's adjusted earnings per share for the third quarter were lower than expected
On October 27th, Ford Motor's adjusted EBIT for the third quarter was $2.2 billion, with a market expectation of $2.69 billion; Adjusted earnings per share for the third fiscal quarter were $0.39, with a market expectation of $0.47; The company withdrew its annual performance guidelines.
Cailian Automobile: Ford still needs to find a balance between price, profit, and demand for electric vehicles.
(Compiled/commented by Liu Yang, a journalist from Cailian News Agency)