Polestar2 was fully recalled for the second time by faulty polar stars such as inverters.

1, inverter failure? Polaris recalled Polestar2 for the second time.

According to foreign media reports, 101October 29th, Polestar, an electric car manufacturer, said that it was recalling new models? Polestar？ 2。 This car has only been on the global market for a few months and was recalled for the second time in the same month.

(Source: Polaris)

This recall involves two issues, namely, inverter and high-pressure coolant heater (HVCH).

Polar Star said in the statement that it is actively recalling nearly 4,600 cars with inverter defects, which is a device that converts the electric energy stored in the battery into automobile power. Polar Star added that the owner only needs to go to the 4S store once to solve this hardware problem.

The company said that the high-pressure coolant heaters in early production vehicles needed to be replaced, and 3 150 vehicles were affected. HVCH is responsible for the heating of engine room and high-voltage battery. All recalls of Polaris will be notified to the owners from 1 1.2. North America and Switzerland are not affected by this recall.

In addition, Polar Star said: "As part of the recall and service activities, all vehicles will also be upgraded to be compatible with the upcoming wireless (OTA) update. When there is an OTA update later, Polaris can report directly to Polestar? 2 Push the latest software. "

65438+1before 00 on October 2, due to several Polestar? The power went out and the car couldn't run. Nearly 2200 cars of the company were recalled because of software problems. In 20 16, similar software problems occurred in fiat 500e and Volkswagen e-Golf, which caused the car to stop running suddenly.

This year, Polaris began to produce Polestar in China? Then export some cars to Europe and America. (Source: Geshi Automobile? Gu Jiaojiao)

2. Mainland CEO will step down for health reasons.

According to foreign media reports, mainland CEO Elma? Degenhardt will resign as CEO of the company, and the supplier is currently promoting management reform and accelerating structural reform.

Elma? Degenhardt (Source: Mainland China)

10/29 October, the mainland said in a statement that Degenhart of 6 1 would resign "because of the need to take necessary preventive and health care measures immediately". Mainland China did not disclose who will take over as CEO. The company said that its board of supervisors will hold a meeting in the near future to make a decision on the appointment of a new CEO.

Degenhardt has been the CEO of Chinese mainland since 2009, and his contract expires in 2024. Previously, he had faced criticism for several mistakes in decision-making, including the communication surrounding the closure of the tire factory in Aachen, Germany, and an unusually harsh letter sent to employees in September 20 18.

According to some people familiar with the matter, his behavior has shaken the confidence of some members of the board of supervisors. When the automobile industry is facing the great challenge of changing to electric vehicles and self-driving cars, members of the board of supervisors have no confidence in whether Degenhardt is a suitable leader.

Bloomberg quoted people familiar with the matter as saying that Nicola, head of Chinese mainland's core automobile business? Setzer will succeed Degenhardt as CEO of the company. Setzer, 49, is the head of Chinese mainland's automobile business. It is reported that he is likely to stand out from all internal and external candidates.

20 18, 18 10, Bloomberg reported that the tire, transmission system and conveyor belt manufacturer would consider streamlining its business. Subsequently, the mainland confirmed this news and the company's share price also rose to a record high.

In the following three years, the management made little progress in business evaluation, resulting in the evaporation of nearly two-thirds of the company's market value. Earlier this year, automakers and retailers were shut down for several weeks due to the epidemic, and suppliers such as Chinese mainland were also hit hard, which aggravated the company's difficulties.

There are nine members of the Mainland Management Committee, which is extremely huge for a German blue-chip DAX index company, and it also reflects that this enterprise with a history of 150 years has many types of business. It is reported that Wolfgang, chairman of the mainland? Reitzle has begun to push the company to become more flexible in order to respond to technological changes in the industry more quickly. (Source: Geshi Automobile? Nebula)

3. American judge postponed the extradition of Ghosn's escape planner to Japan.

According to foreign media reports, 10129, a federal judge in the United States approved a request at the last minute to prevent the US government from transferring former US Army special team member Michael? Taylor and his son Peter? Taylor was extradited to Japan. The two men were accused of helping Carlos Ghosn, the former chairman of Nissan? Ghosn) fled Japan while awaiting trial.

Carlos ghosn (Source: Ghosn LinkedIn)

10 year1October 28th, the State Council informed them that the Japanese extradition request had been approved. Talwani, on the other hand, assessed the urgent demand of Taylor and his son to question the decision, approved their lawyer's request and announced the suspension of extradition.

Before the State Council made this decision, Taylor and his son applied to the court to reject the Japanese extradition request, but in the end the application was not supported by the court. In May this year, Taylor and his son were arrested.

Taylor and his son's two lawyers, Ty? Cobb and Paul Kelly said in a joint statement that they are actively seeking the State Council and the White House to reconsider their decision to extradite the Taylor sons. They said: "It would be very unfair to them if these two American citizens were handed over to Japan." Their lawyers had previously said that Taylor and his son should not be extradited to Japan, because in Japanese criminal law, assisting others to "bail and abscond" does not constitute a crime. The State Council and the White House declined to comment.

Prosecutors said Taylor and his son helped Ghosn escape. 20 19 February 29th, 19, Ghosn hid in a wooden box, fled Japan by private jet, and arrived in his childhood hometown Lebanon, where there was no extradition agreement. According to the prosecution, Taylor and his son helped Ghosn and received a reward of $654.38+$3,000. (Source: Geshi Automobile? Nebula)

In April and September, British automobile production fell to the lowest point in 25 years.

According to foreign media reports, the industry data released on 10/0/29 shows that the British automobile manufacturing industry suffered the worst September in 25 years due to the decline in the number of cars exported to the United States.

(source: Mini)

The British Automobile Manufacturers and Dealers Association (SMMT) said that last month, British automobile factories produced 1 14732 vehicles, down 5.0% year-on-year. At present, the British automobile industry is trying to recover from the blockade of coronavirus pneumonia-19. In April and May this year, British automobile production almost completely came to a standstill. This year, British automobile production is expected to fall below 654.38+0.999 for the first time since 654.38+0.999.

Mike, CEO of SMMT? Hors said: "As COVID-19 continues to wreak havoc in the UK and other major overseas markets, the above data show that the situation facing the British auto industry is still grim."

Most cars produced in Britain are exported. In September, exports to the European Union and the United States decreased by 3.3% and 30.0% respectively compared with the same period of last year. The domestic demand in Britain is only 27,000 199 vehicles, an increase of 14.5% compared with the same period last year.

SMMT warned that if the British government can't reach a trade agreement with the European Union, allowing cars produced by British manufacturers to continue to be exported duty-free, then the British auto industry will also be very difficult in 20021year. Hors said: "In the case that production is already tight, the extra blow brought by Britain's withdrawal from the EU without agreement will cause a devastating blow to the automobile industry, workers and their families." (Source: Geshi Automobile? Nebula)

5. Panasonic cooperates with Tesla? Set up 4680 battery production line in Nevada factory

According to foreign media reports, Panasonic announced that it will cooperate with Tesla to build a new prototype production line in a super factory in Nevada to produce Tesla's newly released 4680 battery.

4680 battery (source: electrek)

In the conference call after the release of the latest financial report, Panasonic Chief Financial Officer Hiroyuki? Mei Tian announced that it will cooperate with Tesla to produce the new 4680 battery released by the latter on "Battery Day" last month. Mei Tian said, "We have a deep professional knowledge of this kind of battery. After Tesla Battery Day (held in September this year), we immediately started work and are ready to establish a prototype production line simultaneously. "

Tesla's latest 4680 battery has a larger external size and adopts an innovative electrodeless ear design, which is expected to greatly reduce the cost per kWh of the battery. In order to make this brand-new battery, Tesla designed its own production equipment. At present, Tesla is building a large-scale experimental production line in its factory in fremont, and plans to deploy it in other locations on a larger scale.

Last month's Battery Day, Tesla did not mention which company it would cooperate with to produce new batteries, but now it seems that according to Panasonic CFO, Tesla will authorize Panasonic to produce this new battery. In addition, it has been previously reported that LG Chem, another battery supplier of Tesla, is also interested in producing a new type of battery, which is very similar to Tesla 4680. If Panasonic and LG Chem have machines and methods to produce new batteries, it may mean that Tesla has really made a major breakthrough in battery production. (Source: Geshi Automobile? Nebula)

6. Tesla plans to build 52 new service centers around the world in 20021year.

According to foreign media reports, Tesla told employees that the company plans to build at least one new service center every week in 20021year, aiming at expanding the service center network and charging network to better serve the growing global sales.

(Source: Tesla)

This means that Tesla will add more than 52 service centers in 20021year. The new service center will be opened in areas with strong demand for Tesla cars and areas lacking Tesla car service centers. At present, the company has 466 service centers around the world.

Last week's brokerage? RBC analysts have noticed that as Tesla continues to expand outside the core market, service becomes particularly important. Tesla's current investment in service centers and quality is not enough to keep up with its rapidly growing sales, which may cause a blow to the brand.

Unlike many other manufacturers who provide services to customers through franchisees, Tesla has its own complete service system around the world. In 20 19, Tesla delivered more than 500,000 vehicles, a year-on-year increase of 50%. However, the number of service centers only increased by 12%, and the mobile service fleet only increased by 8% year-on-year.

Recently, Jerome, President of Tesla Automobile Business? Guillen also said that he is looking for real estate that can quickly build a Tesla service center. It is reported that Tesla was seeking to "open a large number of service centers" in the northeast of China. At present, Tesla has not been able to contact for comment. (Source: Geshi Automobile? Gu Wei? )

7. Affected by the recall of the maverick? Will Ford manufacture emissions with Volvo Cars?

According to foreign media reports, Ford Motor Company will establish an emission pool with Volvo Car, aiming to achieve its EU emission reduction targets in 2020 to avoid fines.

Wing Tiger (Source: Ford)

10 year129 October, Ford Europe spokesman said: "Based on this year's product layout and production plan, we originally expected to meet the new emission requirements. However, due to the battery problem of the plug-in hybrid maverick, Ford will now be discharged from the pool with Volvo cars to avoid the passenger car business being fined by the EU. "

10 year1October 28th, Chief Financial Officer of john ford? Lawler said in the earnings conference that in the second half of this year, the company will need to spend 500-600 million US dollars to solve the problems related to Mavericks, including the cost of being forced to set up passenger car emission pools in Europe. Previously, a number of plug-in hybrid vehicles, the Mavericks, caught fire. In August, Ford recalled 20,808 related vehicles and was forced to stop selling them.

Ford declined to say how much it would pay Volvo cars. Volvo Cars also declined to comment, saying only that "the income from the agreement with Ford will be invested in new environmental protection technology projects". However, the company said that because Ford is the manager of the emission pool, if it fails to meet the EU's carbon dioxide emission reduction targets, Ford should bear all the fines of the EU.

The carbon emissions of Volvo Cars and its subsidiary Polaris are far below the target of EU 1 10.3g/km. According to the market research organization JATO? According to the data of Dynamics, the carbon dioxide emissions of the two brands in the first eight months were only 103. 1g/km.

According to the environmental protection organization Transport and Environment (Transport? & amp？ Environment) reported that in the first half of this year, Ford was 65,438+0.4g/km short of its carbon emission target. Based on this, the organization predicts that Ford's European carbon emissions will reach the standard. Ford also said that if there is no problem with the maverick, the company will reach the carbon emission target of 98g/km. Being fined for failing to meet the carbon emission standards is not considered by the company.

Volvo Car was once a subsidiary of Ford, and it was acquired by China Zhejiang Geely Holding on 20 10.

The emission pool allows automobile manufacturers that meet the carbon emission targets to unite with other automobile companies that fail to meet the standards and face high fines to share carbon dioxide emissions. Many car manufacturers are building emission pools to avoid fines. For example, Fiat Chrysler and Tesla are using emission pools, and audi ag has joined the emission pools of China SAIC and its subsidiary MG. (Source: Geshi Automobile? Gu Jiaojiao)

8. Visteon's adjusted profit and sales increased in the third quarter.

Gaishi Automobile 65438+1On October 29th, Visteon released its third quarter financial report. Thanks to cost management measures and the introduction of new products, the company's adjusted profits and sales have increased.

(Source: Wei Shitong)

In the third quarter of this year, Visteon's net profit reached US$ 6 million, down 57% year-on-year, but significantly higher than the loss of US$ 45 million in the previous quarter (many automobile factories stopped production in the second quarter due to the epidemic); The adjusted net profit doubled to $38 million, excluding restructuring expenses; Adjusted profit before interest, tax, depreciation and amortization increased by 40% year-on-year to $87 million; Excluding the impact of exchange rate, net sales increased by 3% year-on-year to $747 million.

Wei Shitong CEO Sachin? In a meeting with the media and analysts, Ravander said that the rapid return of workers and the launch of new products helped the company successfully outperform the market. In the third quarter, Visteon launched a record 23 new products, including parts for Ford F- 150, Mercedes-Benz S-Class, Mazda CX-5, Buick Envision and Peugeot 308. So far this year, the company has launched 44 new products.

Ravander said in a statement: "It is estimated that the cumulative lifetime income of these 23 new products will exceed $2.5 billion, which will help Visteon continue to perform well in the next few quarters." In the third quarter, Visteon * * * signed a new order of $654.38+0.5 billion, including the supply of a 654.38+02-inch display screen for a Japanese automobile factory.

The company said that it had repaid the revolving credit facility of $400 million drawn at the end of the first quarter. In the third quarter, it had $435 million in cash and $348 million in debt, with a net cash flow of $87 million. On that day, Visteon shares rose 7.3% to $88.4438 +0 per share.

In 2065438+2009, Visteon's global automobile business sales amounted to US$ 2.94 billion. In the list of global parts suppliers 100, News ranks 69th. (Source: Geshi Automobile? Gu Jiaojiao)

9.JAC's revenue in the first three quarters exceeded 40 billion yuan? Net profit turned positive

65438+1On the evening of October 29th, JAC released the third quarter performance report. The report shows that in the first three quarters of 2020, Jianghuai Automobile's revenue was about 40.06 billion yuan, a year-on-year increase of 7.73%; The net profit was about 42.35 million yuan, down 65.18% year-on-year; The basic earnings per share was 0.02 yuan, a year-on-year decrease of 66.67%.

Screenshot of Jianghuai Automobile's third quarter earnings report (Source: Oriental Fortune Network)

In the first half of 2020, JAC's net profit attributable to shareholders of listed companies and net profit after deducting non-recurring gains and losses were-65.438+47 million yuan and-653 million yuan respectively. In the third quarter, the net profit attributable to shareholders of listed companies and the net profit after deducting non-recurring gains and losses were 654.38+89 million yuan and-256 million yuan respectively, and the performance improved.

In the industry's view, Jianghuai Automobile's performance in the third quarter rose against the trend, which is inseparable from the steady performance of its commercial vehicle sector and the continuous recovery of its passenger vehicle sector. Production and sales data show that in September this year, Jianghuai Automobile sold 45,000 new cars, up 41.4% year-on-year; /kloc-from October to September, the cumulative sales volume of 65,438 vehicles was 333,000, up 3.7% year-on-year, and turned positive year-on-year, achieving 74% of the annual sales target of 450,000 vehicles.

In terms of varieties, the sales volume of Jianghuai commercial vehicles in the first three quarters was 225,000, up by 16.0% year-on-year, and the growth rate was 4.3 percentage points higher than that in the first eight months. Among them, light trucks sold1620,000 vehicles in the first three quarters, up12.3% year-on-year; Heavy trucks sold 42,000 vehicles, a year-on-year increase of 47.2%. In the first three quarters, the sales volume of Jianghuai passenger cars was 6.5438+0.08 million, down 654.38+0.5.1%year-on-year, 2.7 percentage points lower than the industry. Among them, domestic passenger car sales reached 99,000, down 8.8% year-on-year, which was 3.6 percentage points better than the industry.

Jianghuai Automobile released a screenshot of the government subsidy announcement (Source: Oriental Fortune Network)

On the night of the financial report, JAC also announced that it had received government subsidies. As of June 28th 10, JAC Automobile and its holding subsidiaries have received a total of 70759 150 yuan (excluding the government subsidies disclosed by the company in the previous period).

Jianghuai Automobile said in the announcement: "The company and its holding subsidiaries will include the above subsidy funds in the current profits and losses in 2020, which will have a positive impact on the company's profits in 2020."

It is worth noting that JAC has repeatedly announced that it will receive government subsidies in 2020. Its 2020 semi-annual report shows that the government subsidy included in the current profit and loss during the JAC reporting period was 480 million yuan. Later, in the third quarter, JAC announced financial subsidies on August 3rd, August 1 9th, September1day, September 25th and September 30th respectively. So far, in the third quarter, JAC and its holding subsidiaries received a total of 420 million yuan in government subsidies. (Source: Geshi Automobile? Lei Yun)

10, Lifan announced the financial report for the first three quarters? Revenue of 2.6 billion? Cash flow has increased greatly.

Lifan Motor, which was caught in bankruptcy rumors, announced the latest financial situation. 10/0 On October 29th, Lifan Industrial (Group) Co., Ltd. (stock code: 60 1777) released its report for the third quarter of 2020, showing that in the first nine months of this year, the company achieved revenue of 2.606 billion yuan, down 61. The net profit loss attributable to shareholders of listed companies was 3.445 billion yuan, down 30.83% year-on-year; Basic earnings per share -2.64 yuan/share, down 30.69% year-on-year; The net assets attributable to shareholders of listed companies were-772 million yuan, down 65,438+028.3% year-on-year.

In the decline, the main financial information released by Lifan Industrial also has a bright data, with an increase of more than 1 18%, which is the net cash flow generated by operating activities. During the reporting period, Lifan Industrial generated cash flow of10.47 billion yuan, compared with-782 million yuan in the same period last year.

Lifan factory, image source, Lifan Automobile

The cash flow can turn positive, which is not unrelated to Lifan Automobile's recent continuous reduction of vehicle sales expenses and R&D expenses. In fact, Lifan's R&D and sales business have basically been at a standstill in the last year, which is reflected in the data. From June to September in 5438 this year, Lifan sold less than 2,000 vehicles (fuel vehicle sales 1264 vehicles, down 94.26% year-on-year). New energy vehicles sold 726 vehicles, down 64.23%). However, in the first nine months of this year, Lifan's motorcycle business performance was fairly stable. According to official production and sales data, from June to September in 5438, Lifan Co., Ltd. sold more than 400,000 motorcycles and 593,800 motorcycle engines, which was the main source of income for Lifan Group. In addition, the sharp increase in cash flow may also be related to the recent bankruptcy and restructuring of Lifan Automobile. Recently, the property management plan for the reorganization of Lifan shares has been passed at the creditors' meeting, and potential investors have gradually surfaced, which should also have a certain positive impact on the overall production and operation activities of Lifan shares. (Source: Geshi Automobile? Miao Yuzhu)

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.