News News of the Week? Changhe Suzuki's 23-year Marriage Announced and Audi Chief Executive Arrested

What are the hot news for the domestic and foreign auto industries this week that deserve attention? The Sino-US Tariff Warfare German System was affected; the Changhe Suzuki 23-year marriage ended; 19 provinces and municipalities issued local subsidy policies for new energy vehicles; Greentown Auto fell into arrears with a € 27 million arrears; Audi CEO Rupert · Rupert Stadler was arrested... Gasgoo now sorts out the relevant points as follows:

Domestic News:

1. Sino-U.S. Tariff Warfare Japanese Department Was Injured

On June 15, 2018, the U.S. government issued a list of goods subject to tariffs, which will impose a tariff of 25% on approximately US$50 billion of goods imported from China. Immediately afterwards, on June 16, 2018, the Customs Tariff Commission of the State Council decided to impose a tariff of 25% on 659 items of approximately US$50 billion in imports from the United States, of which 545 were about US$34 billion worth of goods since 2018. On the 6th of this month, imposed tariffs, including 28 automotive products.

A month ago, the Customs Tariff Commission of the State Council issued an announcement saying that starting from July 1, it will reduce the import tariffs on autos and auto parts, including 135 tax numbers and tax rates that will set the auto vehicle tax rate as 25%. The tax rate for 20% of the 4 tax numbers is reduced to 15%. Such a drop of one liter, so that the United States imported car tariffs eventually reached 40%.

This means that once tariffs are imposed on imported products originating from the US$50 billion U.S., it will seriously affect the competitiveness of U.S. brand cars and U.S. models, including some Japanese cars and German cars, such as BMW. Price increase. In the long term, some European car companies may consider transferring American-made models to other countries, which will bring a blow to the American auto industry. Japanese and European-made imported cars are expected to benefit from the competition. At the same time, increasing tariffs will also stimulate the rapid innovation and development of China's auto industry. [detailed]

2. Changhe Suzuki's marriage ended in 23 years

Recently, Changhe Suzuki, who has 23 years of marriage history, has officially announced the dissolution, which has triggered a hot debate in the industry. According to an announcement issued by Changhe Automobile, after a friendly negotiation, the former Sino-foreign joint venture car maker Jiangxi Changhe Suzuki Automobile Co., Ltd. (hereinafter referred to as Changhe Suzuki) Suzuki, the Japanese party’s shareholder, transferred all the equity held by it to Changhe Automobile and obtained approval from the competent authority. , On May 30, 2018, the registration procedures for the change of ownership and company name were completed.

The change only involves the company’s shareholding and name, and the employee’s labor relationship will remain unchanged. Sales of existing models remain the same, and dealers can still sell inventory vehicles using the Suzuki trademark. At the same time, the products of the original Changhe Suzuki can continue to enjoy the existing after-sales service policies and carry out repairs and maintenance at Beiqi Changhe's maintenance network. Since June 2019, related products will no longer use the Suzuki logo. At this point, Changhe Suzuki will officially withdraw from the Chinese automobile history stage......[detailed]

3.19 Provinces and Cities Release Local Subsidy Policy for New Energy Vehicles

As a “double-edged sword”, local subsidies have undoubtedly fragmented the market for new energy vehicles while increasing the competitiveness of the new energy vehicle market. Therefore, since 2016, the state has repeatedly adjusted the subsidy policy for new energy vehicles. As a result, subsidies have continued to decline, and even subsidy has been affected, making the amount of land subsidy less and less. According to incomplete statistics, there are currently 5 provinces and 14 cities in the country that have issued local subsidy policies for new energy vehicles. Most regions have maintained a 1:0.5 ratio with state subsidies, and individual cities are smaller than this quota. At the same time, local subsidies are being transformed from the subsidy models to encourage companies to research and development, encourage large-scale sales, and encourage the announcement of models. In this context, in order to avoid the use of ground compensation policies and create a fair buying environment for consumers, in 2018 some car companies began to try a national unified price strategy, thereby promoting the development of new energy vehicles to become more market-oriented...[detailed]

4. The 309th batch of new cars of the Ministry of Industry and Information Publicized 426 new energy models on the list

On June 15th, the Ministry of Industry and Information Technology publicized the new vehicle products for the announcement of the 309th "Road Motor Vehicle Manufacturing Enterprises and Products Announcement" (referred to as "New Vehicle Announcement"), showing that 113 enterprises of 309 batches of new energy vehicles had been declared There are 426 models, among which there are altogether 407 models of 110 enterprises in the pure electric products, 15 models of 8 companies in plug-in hybrid products, and 4 models of 4 products in fuel cell products. Recently, Weima Motors and Zhejiang Hezhong New Energy Automobile Co., Ltd., which have received much attention from everyone, have appeared in the products of this declaration......[detailed]

5. Lexus sales in China plummet in May

At the Boao Forum for Asia in April 2018, China promised to reduce import tariffs, including automobiles. On May 22, the domestic government issued a notice on the tax reduction of imported cars, which was reduced from the original 25% of the import tariffs to 15%. The policy began on July 1. However, the reduction in tariffs did not bring good benefits to Lexus. In May, sales in China were almost “backlash”. According to the latest data, Lexus sold only 6,300 new cars in China in May, a decrease of 57.7% from the previous month and a decrease of 35% year-on-year. The sudden “Waterloo” has caused it to lag behind other competitors...[detailed]

6. Greentown car trap 27 million euros arrears vortex of public opinion

Since the beginning of this year, a report on the arrears of an Italian company, I.DE.A, worth 27 million euros has pushed the low-key Greentown car to the cusp of public opinion. At the same time, Greentown’s investor, Zhongnengdao, was also exposed by the media as selling “original shares” for the public to “find the public banner”. A company called Greentown travels also withdraws funds by selling original shares, involving funds that are unknown. Although the company has clarified all of these and announced the progress of vehicle construction, neither the over-aggressive goals, the pressure of competitors, or the qualifications that have been unable to solve have caused the industry’s people to save its vehicle manufacturing capabilities. doubt. In the view of some people in the industry, whether it is arrears or money rumors, there are public opinion has had a very negative impact on the Green Chi car, if you want to gain a firm foothold in the field of new energy vehicles, Greentown car must be as soon as possible Take out competitive products in the market......[detailed]

international News:

7. Audi CEO Rupert Stade arrested

On June 18th, local time, the German prosecution agency stated that Audi CEO Rupert Stade was detained. The investigators found that Stade was suspected of concealing evidence in the event of a diesel vehicle cheating. Up to now, Stead is the highest management person arrested by the company in the investigation of emission test fraud.

Munich prosecutors stated in the statement, "As part of the investigation of diesel vehicles and Audi engines, the Munich prosecutor's office arrested Professor Stade on June 18, 2018." Audi and Volkswagen Group confirmed Stead Grab the information and reiterate that the presumption of innocence still applies to the case...[detailed]

8. Ten years in advance in the UK urges the ban on fuel vehicles as soon as possible

Mayor Sadik Khan of London and leaders of other cities across the UK called on the government to enact a plan to improve the air quality by prohibiting the sale of new diesel and petrol vehicles for the next 10 years (until 2030). The British government expects to discuss the "zero load on the environment" plan in a short period of time. But on June 18, the mayor of London, Sadik Khan, joined leaders of cities such as Manchester, Liverpool, Oxford, Sheffield, and Bristol. Call for the implementation of this plan as soon as possible...[detailed]

9. Volkswagen Ford seeks strategic alliance to co-develop vehicle products

Volkswagen and Ford Motor Company issued a joint statement on June 19 stating that both parties are considering forming a strategic alliance and are exploring possible cooperation projects in various fields, including joint development of a series of commercial vehicle products to better meet Changing consumer demand.

Ford Motor Co., president of Global Markets, said that the "Ford Motor Co., Ltd. promises to achieve more healthy business operations by leveraging a variety of appropriate business models, including cooperation with partners to improve business operational efficiency."

Thomas Sedran, head of strategy at Volkswagen Group, said: "The two sides have strong and complementary advantages in various segments of the commercial vehicle market. As one of the core components of Volkswagen Group's 2025 strategy, It is extremely important to enhance business flexibility through strategic alliances in order to better adapt to the volatile and challenging market environment.The potential cooperation with Ford Motor will bring important importance to both companies to enhance their competitiveness on a global scale. Opportunity."......[detailed]

10. The mainland powertrain department may be listed separately

Informed sources disclosed that the mainland China board of supervisors is advancing its initial public offering (IPO) plan for its powertrain division and will launch a new corporate structure in early July, marking the formation of the largest reform in the mainland in decades.

It is understood that the most popular choice is to list only the departments that produce internal combustion engine components, and to invest the funds in growth areas such as electric vehicles and autonomous driving. Since the talks are confidential, the person concerned declined to give his name. He added that the largest shareholder of the Continental Group, the billionaire Schaeffler family, proposed to apportion business to existing investors, but the proposal is now no longer considered...[detailed]