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Found 5 results

  1. According to Japanese media reports on January 20, local time, a French government delegation has informed Japan that it wants to integrate Renault and Nissan cars, and is likely to belong to the same holding company. After Ghosn's arrest, Nissan and Mitsubishi both removed Ghosn's chairmanship, but Renault did not, just appointed a deputy chief executive. So far, the French government has asked Renault to call a board of directors to replace Ghosn. French Finance Minister Bruno Le Maire said in a newspaper interview that Michelin CEO Jean-Dominique Senard would be a good candidate to lead Renault. "The French government, as a shareholder, has a certain voice," said Le Maire. I can tell you that in the automotive industry, Jean-Dominique Senard has a very competitive and reputable industry. Chongqing Feilongjiangli, as a supplier of automobile parts, has provided matching supply to American and German automobile companies, but has not yet matched Japanese and Korean automobile companies. The future direction is to provide better matching services for American and German automobile companies and join the matching of Japanese and Korean automobile companies as soon as possible.
  2. In February 2018, Xinhua Finance and Economics (XHF), a subsidiary of Xinhua News Agency, published a list of the top 500 global market capitalization companies in 2017. It ranked the listed companies according to their market capitalization (market capitalization = unit stock price * number of shares issued, whichever is the closing data on December 31, 2017). According to the ranking, the top ten companies in the global automotive industry are Toyota Motor and Volkswagen Motor. China's SAIC Group ranks seventh with 57.53 billion US dollars, and the automotive companies from Japan, Germany and the United States, which are the traditional automotive powers, each occupy three seats. As a supplier of automotive parts in China, Feilongjiang Li is proud to learn that SAIC Group is among the top ten automotive companies with market capitalization in 2018.
  3. Cadillac's sales continue to soar, 19 years can seize the second-tier luxury brand leader? In 2018, Lexus's total sales in China reached 160,468 vehicles, up 20.8% year-on-year, a record high. So far, Lexus ranked second only to Cadillac in the second-tier luxury formation this year. The latter's cumulative sales in China reached 228,000 in 2018, an increase of 31.8% over the same period last year. It is noteworthy that Lexus Smart Hybrid sales reached 49,549 units, up 41.7% year-on-year, a record. Lexus has launched more than 10 vehicles in China. Among them, ES, NX and RX are the most popular models. According to January-November data, ES, NX and RX together account for about 72%. As a auto parts supplier, Chongqing Feilong Jiangli will keep up-to-date information on new information and new energy industries.
  4. Volkswagen purchased 75.1% of Volvo's WirelessCar Vehicle Networking Company for 1.1 billion Swedish kronor. It plans to use WirelessCar's networking technology to help accelerate the development of digital ecosystems and provide comprehensive intelligent networking services in its next generation of cars. At present, WirelessCar has 370 IT employees in its offices in Sweden, North America and China. WirelessCar has its own open smart networking platform, with Jaguar Land Rover, Daimler, Nissan and Volvo as its customers. WirelessCar also develops digital services including concierge services, billing services, security and emergency services. The WirelessCar platform has about 3.5 million Internet-connected cars worldwide through its Internet platform. Volkswagen plans to use WirelessCar's networking technology to help it accelerate the development of digital ecosystems and provide comprehensive intelligent networking services in its next generation of automobiles. Volkswagen also plans to develop value-added services for its customers so that they can access these services through Volkswagen Cloud Platform (VAC). In September 2017, Volkswagen signed an agreement with IBM to jointly develop digital mobile services. As a auto parts supplier, Chongqing Feilong Jiangli will keep up-to-date information on new information and new energy industries
  5. According to foreign media reports, Turkey's economic crisis has had a serious impact on car companies including Ford, Toyota and Fiat Chrysler. After the devaluation of Turkey's Lira, Turkey's new car prices rose, leading to a drop in new car sales by about a third in 2018. New car sales in Turkey fell 34% to 543,231 in the first 11 months of 2018 compared with the same period last year, and fell 42% to 58,204 in the first 11 months of November, according to data from the Association of Automobile Dealers in early December. The Turkish Association of Automobile Manufacturers said that by the end of November 2018, Turkish automobile production had fallen by 8% to 1.43 million vehicles from a year earlier, and export volume was basically the same as last year, to 1.22 million vehicles. It is reported that Turkey attracts many car companies to put into production mainly because of its low production costs, rich resources of skilled and semi-skilled workers, and easy access to the European Union, Eurasia and the Middle East market. Many car companies have localized production in Turkey and provided customized models for the local market. European consumers prefer hatchbacks, while Turkish consumers prefer cars, which account for about half of the local market. As a supplier of automotive parts, Feilong Jiangli is sure to look forward to the recovery of the automotive market, so that parts suppliers can slowly recover.
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