1, invest 1 billion euros Volkswagen Group will launch a software joint venture in China
Games Automobile News According to foreign media reports, people familiar with the matter revealed that Volkswagen is planning to invest in a software production joint venture in China.
Image source: Volkswagen
A source close to the negotiations said that the official statement is expected to be released next week. It is reported that the investment will exceed 1 billion euros. The public declined to comment on this report.
People familiar with the matter said that Volkswagen is waiting for the upcoming election results in Lower Saxony, Germany, before officially announcing its investment news. Lower Saxony is the second largest shareholder of Volkswagen Group and has two seats on Volkswagen Supervisory Board.
About 40% of Volkswagen's sales and half of its profits come from China. In terms of digital innovation, China is also regarded as a more advanced market than Europe or the United States, so Volkswagen has carried out automotive technology research and development in China. In fact, as early as July this year, Diss, then CEO of Volkswagen Group, revealed that he was considering taking "major measures" in China to catch up with Chinese local competitors in automotive software technology. Now it seems that the "major move" that Diss mentioned at the time is likely to be the now announced software joint venture in China.
Two years ago, BMW China also announced an agreement with Chengmai Technology (Nanjing) Co., Ltd., that the two parties will cooperate to establish a joint venture specializing in automotive software development. Regarding the software company that will be jointly ventured with Volkswagen in China, foreign media did not specifically disclose which one it was. However, there were previous reports that Volkswagen wanted to acquire the Huawei autonomous driving department, and the acquisition price may reach billions of euros. At that time, the CEO of Volkswagen China confirmed that the two companies were indeed discussing, but there was no confirmation at that time (including the establishment of a joint venture).
Volkswagen operates several joint ventures in China, including 75% of the joint ventures with JAC Motors, 50% of the joint ventures with SAIC, and 40% of the joint ventures with FAW .
In Germany, Volkswagen's software subsidiary Cariad established a cooperative relationship with automobile supplier Bosch to jointly develop autonomous driving software. In May this year, it was reported that the Volkswagen Group Supervisory Board requested a re-formulation of its software department's plans. In July, Cariad head Dirk Hilgenberg said its department would be streamlining to speed up the pace of software development. (Source: Gassy Auto Zhan Ya'e)
2, Renault will discuss plans to sell internal combustion engine business to Geely
Geo Auto News According to the Financial Times, Renault CEO Luca de Meo will hold talks with Nissan CEO Makoto Uchida this weekend to discuss Renault's plan to sell internal combustion engine business to China Geely Auto Holdings.
A person familiar with the matter revealed that Nissan opposed Renault's plan to sell its internal combustion engine business to Geely because Nissan does not want the technology it developed in cooperation with Renault to be shared with a Chinese company.
Earlier this year, Renault said it was studying ways to split the electric vehicle and internal combustion engine business, including working with other companies or as independent listed companies to fund electrification transformation. The Financial Times said that since Renault shares technology with Nissan, Renault's plan to split its business needs to be approved by Nissan.
On October 7, " Wall Street Journal " stated that Nissan is putting pressure on Renault to sell its 43% stake in Nissan, and in return, Nissan will invest in Renault's new electric vehicle business. According to the Wall Street Journal, executives of the two companies will discuss reducing Renault's Nissan stake to 15%.
Previously, media reported that China's Geely Auto Holdings and Saudi Arabia oil giant Saudi Aramco are negotiating to acquire stake in Renault's internal combustion engine business.
In January this year, Renault Group and Geely Holding Group announced that the two parties will produce and sell Renault-branded fuel vehicles and smart hybrid cars in South Korea based on Geely CMA architecture and hybrid technology, and export them to markets outside South Korea. The new car will be produced by its factory in Busan, South Korea and is expected to be mass-produced in 2024. In May this year, Renault sold 34% of its Korean subsidiary to Geely.
November 8 is Renault's capital market day this year, when Renault may announce the details of the split of internal combustion engine and electric vehicle business. (Source: Gass Auto Ramy)
3, BYD received a large order of 100,000 vehicles for German car rental companies
Geshi Auto News According to foreign media reports, recently, German car rental company Sixt said that it has signed a new cooperation agreement with Chinese automaker BYD, and Sixt promised to purchase about 100,000 electric vehicles from BYD in the next few years.
Image source: BYD
Sixt said in a statement that according to the agreement, in the first phase of the cooperation, Sixt will order thousands of pure electric vehicles from BYD, and the first batch of vehicles is expected to be delivered to Sixt's customers in the fourth quarter of this year. The cooperative markets include Germany, the United Kingdom, France, and the Netherlands . By 2028, Sixt agreed to purchase about 100,000 electric vehicles from BYD.
In addition, BYD and Sixt also agreed to explore cooperation opportunities in different regions around the world. Sixt revealed that the company will become the first car rental company in Europe to offer BYD electric cars, and the first model will be the BYD ATTO 3, a C-class electric SUV.
SIXT is a world's leading car rental company with branches in more than 100 countries around the world and more than 2,100 business outlets. It mainly provides a series of high-end car rental services for business, companies and private users. BYD will help SIXT achieve its green goal of 70% to 90% of the electric fleet by 2030.
As a global leader in new energy vehicles, BYD has been deeply involved in the market for more than 20 years. This cooperation marks BYD's extension of green solutions to the car rental field and join hands with SIXT to provide zero-emission solutions for car rental users. (Source: Gassy Automobile Zhan Ya'e)
4, Toyota said about 296,000 customer information was leaked
Gassy Automobile News According to foreign media reports, Toyota said on October 7 that the company found that about 296,000 customer information in its T-Connect service might have been leaked.
Toyota said that 296,019 email addresses and customer phone numbers using T-Connect, a telematics service that connects vehicles over the Internet, may be leaked. The affected customers are individuals who have registered with the service website using their personal email address since July 2017.
Image source: Toyota
Toyota said in a statement that according to the investigation of security experts, it is currently impossible to confirm whether there is a third-party access from the access history of the data server where the information is stored. The company also said that it is currently “cannot completely rule out” the possibility of data being accessed by third parties. But Toyota said that the user's sensitive personal information, such as name, phone number or credit card information, is not likely to be leaked.
Toyota has not confirmed whether the information has been abused, but the Japanese automaker warned that users may receive spam, phishing scams and unsolicited emails. The company said that between December 2017 and September 15 this year, a contractor developing the T-Connect website unexpectedly uploaded some source code containing public settings.
Experts warn that automotive applications may put users’ personal information at risk. In May, researchers at the cybersecurity company Kaspersky (Kaspersky ) released a report in which more than half of the applications use their personal information without the first customer consent, and these applications are often vulnerable to security vulnerabilities. (Source: Gashi Auto Nebula)
5, Rivian recalled 13,000 cars due to loose fasteners
Game News According to foreign media reports, Rivian said on October 7 that the company will recall almost all vehicles sold due to the possible loose fasteners problem and may cause the driver to lose steering control.
A spokesman for Rivian, a , based in , California, said in a statement that the company will recall about 13,000 cars because the company found that in some vehicles, the fasteners connecting the front upper control arm and steering knuckle may not be "fully twisted." So far this year, the electric car maker has produced a total of 14,317 cars.
Rivian said that after receiving 7 reports related to fastener structural issues, the company has notified the affected customers that the vehicle will be recalled. As of now, the company has received no reports of injury related to this defect.
Image source: Rivian
Rivian CEO RJ Scaringe said in a notice to customers: "In rare cases, the nuts may be completely loose. It is important that we minimize the potential risks involved, so we initiated this recall." Scaringe urges customers to drive with caution when encountering related problems.
In addition, Rivian also announced its production and delivery volume in the third quarter. In the third quarter of this year, the company's factory in Normal, Illinois produced a total of 7,363 electric vehicles, an increase of 67% from the second quarter. Its delivery volume reached 6,584 units in the third quarter, an increase of 47% compared with the previous quarter. As of the third quarter, Rivian's cumulative production reached 14,317 vehicles in 2022, and the cumulative delivery volume was 12,278 vehicles.
Rivian said the company is still expected to achieve its annual target of producing 25,000 cars (average over 2,000 cars per month) in 2022. To achieve this goal, Rivian needs to produce about 13,000 cars in the fourth quarter of this year, which is twice as much as in the third quarter.
Rivian's competitor, the world's highest-market car manufacturer , Tesla , delivered in the third quarter of this year did not meet market expectations. Tesla said that the main reasons for the decline in delivery volume are rising costs and adverse factors in logistics, and the rise in material costs and bleak prospects for global economic growth are also the reasons for its decline in delivery volume. (Source: Gaussian Automobile Nebula)
6, more friendly to infants and children. Dongfeng Peugeot won the "national" health cockpit certification. Since its birth, Dongfeng Peugeot has insisted on uncompromising the quality of conscience. With a complete systemic and comprehensive green material design system and a professional team of automobile craftsmen, we have created "conscience cars, safety cars, and reassurance cars" for users to protect every journey of healthy families.
Recently, in the China Automobile Research Children's Priority (green cockpit) certification, Dongfeng Peugeot New 408 stood out in the three dimensions of "high-quality air in the car", "baby-grade materials", and " electromagnetic radiation safety", becoming the first 100,000-level family sedan to pass the Children's Priority (green cockpit) certification. (Source: Dongfeng Peugeot)
7, Shenlong Auto Wuhan Factory: "Early start construction" during the National Day holiday, full firepower is fully guaranteed and delivered
On September 30, good news came from Shenlong Auto . In the third quarter of this year, the sales of the two brands of Dongfeng Peugeot and Dongfeng Citroen increased significantly. In September, the monthly sales reached a new high, a year-on-year increase of 73%, achieving positive year-on-year growth for 22 consecutive months. With the rapid growth of sales, the Shenlong Automobile Wuhan factory is also facing multiple pressures to seize nodes, ensure delivery, and prevent the epidemic.
On October 4, just halfway through the National Day holiday, the reporter walked into the production workshop of Shenlong Automobile Wuhan factory. The employees of the Wuhan factory had already entered the workplace early, and the production line was fully fired. AGV cars were busy transporting parts in the workshop, and new cars were successfully offline from the production line... Everyone was busy nervously.
"In order to meet the order needs of the new 408, the Wuhan factory is working hard to ensure production, racing against time to catch up with orders, hoping to hand over the new 408 to every customer with quality and quantity as quickly as possible." The person in charge of the production plan of the Shenlong Automobile Wuhan factory told reporters. It is reported that the Wuhan factory will be fully produced in October, and the vehicle production schedule is expected to exceed 9,000 vehicles.
While stable production and delivery, the Wuhan factory has always put the quality reputation of "zero defects" first. According to Ye Lin, the leader of the quality analysis professional of Shenlong Automobile Wuhan factory, in September this year, the Wuhan factory launched a series of activities of " Quality Monthly ". In response to the quality problems complained by customers under recent high production, the heads of each branch of the Wuhan factory exchanged with the on-site squad leader and the section chief , and conducted in-depth reasons and progress on the problems reported by customers.
During the conversation, the reporter learned that the Shenlong Automobile Wuhan factory has fully formed a "zero defect" quality culture. At the same time, in order to strengthen the quality control and quality assurance of the new 408, various departments of the Wuhan factory have also taken many positive and effective measures to ensure the quality of vehicle delivery. (Source: Shenlong Auto)
8, Dongfeng Citroen Tianyi BEYOND won the China Automobile Center "Top Ten Chassis in China" award
On October 8, China Automobile Center officially announced the 2022 "Top Ten Chassis in China" selection results. Dongfeng Citroen Tianyi BEYOND stands out among many participating models with its 100-year comfortable driving and manufacturing technology, and won the "Top Ten Chassis in China in 2022" award.
The China Automobile Center Top Ten Chassis Awards Selection conducted a full-dimensional test on the comfort, handling, braking, safety and market/customer feedback of passenger cars. In this gold-rich event, the real performance of the vehicle was fully demonstrated, which also confirms the comprehensive advantages of Tianyi BEYOND's more advanced brand advantages, more cutting-edge product technology, and more comfortable customer experience. It can be said to be a "comfortable SUV" and deserves it. (Source: Dongfeng Citroen)
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