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2024 year-end review | Joint venture brands encounter a "midlife crisis" with over 4,000 Dealers "closing and transferring" throughout the year.
①Honda and Nissan announced that they have signed a memorandum of understanding regarding the merger, officially starting merger negotiations; ②The weak performance of the joint venture brand has made traditional Dealers feel the acute pain of 'the lips being lost and the teeth feeling cold.'
Finance Associated Press Autos Morning Report [December 25th]
① The Ministry of Industry and Information Technology is further strengthening the management of the comprehensive utilization of waste power Battery in the New energy Fund; ② In November, China Autos achieved exports of 0.55 million units, a year-on-year increase of 5%; ③ BAIC BluePark New Energy Technology: The subsidiary's capital increase and share expansion has been completed, introducing 11 strategic investors with a total investment of 8.15 billion yuan.
Weight-loss Drugs in 2025, Auto Industry Outlook: Market Domination
BYD Enters Ethiopia With Local Launch of 5 Models
BYD and Haier participated in the investment of Dongguan Semiconductors unicorn applying to the Hong Kong Stock Exchange, with numerous Industry companies intensively racing for IPO.
① Among the investors of Tianyu Semiconductors are Hubble, BYD, and Chenda Capital, among others. ② In terms of gross margin, the gross margin of Tianyu Semiconductors' 6-inch epitaxial wafers has decreased, standing at 23.3%, 23.7%, 20%, and 5.7% respectively. ③ Recently, the listing process for semiconductor companies such as Tianyu Semiconductors, Yingrun Technology, Jingcun Technology, Herun Electronics, Zhuohai Technology, InnoSky, and Qiangyi Semiconductors has entered a new stage.
Market Chatter: Chinese Automotive Makers See EU Market Share Slump Following Tariffs
bullbearnme : I dont believe in this estimate projection
DoRaeMi : Bro, their growth is indeed 3.9%, but the method of how they calculate is different from the rest of the world? Don't tell me u never noticed that?
China growth is based on the amount of "goods produce", but in actual fact not sold or exported. Thus, they are known for "over-producing" just like their EV
The world GDP Calculation is based on sold product or goods exported. That's why u can see US GDP is decreasing while China GDP is increasing even during COVID-19 period, which made no absolute sense
ZnWC OP bullbearnme : Someone may say the projected GDP is biased as it is different from China official forecast. Gao (economist at SDIC security and based in China) also projected a similar GDP figure based on his analysis data.
Due to strict censorship in China, it is difficult to find other opposing voices. I have provided a YouTube video link which explained in clarity on how Gao used analysis data to point out the official GDP is not accurate.
- YouTube