01
Kia and Yueda expand their investments, and the new company was released in April
On February 7, Kia Co., Ltd. (hereinafter referred to as Kia) signed an investment expansion agreement with the People's Government of Yancheng City and Jiangsu Yueda Group (hereinafter referred to as Yueda). Under the agreement, Kia and Yueda plan to increase their capital by $900 million to form a new joint venture.
It is understood that the new joint venture company will increase Kia's vehicle sales and capacity utilization rate in the Chinese market by expanding investment, introducing new models, developing new energy vehicles, and setting up export bases. According to the plan, the new company name will be released in April this year.
At the product level, the development direction of the new company is mainly based on models on sale such as Jiahua and Zhipao Ace, as well as new new energy models. According to the official, Kia will launch a new SUV Sportage and its hybrid version this year, as well as a K3 remodeled model; at the same time, it will take the new pure electric vehicle EV6 as a starting point, and will gradually build a new EV matrix of 6 electric vehicles by 2027, and launch an electric vehicle in the Chinese market every year.
Industry insiders said that in recent years, Kia's sales in China have been seriously frustrated, on the one hand, because the product strength is not prominent enough, on the other hand, because of the impact of new energy vehicles. From Kia's current product matrix, it is also relatively weak in the field of new energy, and now that it is focused on promoting the development of new energy vehicles, it remains to be seen whether it can gain a place in the competition.
02
Evergrande Automobile Tianjin Company has openly recruited thousands of positions, and the goal of car manufacturing has not changed
Recently, a Evergrande Automobile (Tianjin Company) recruitment poster circulated in a large area, from the perspective of recruitment information, evergrande automobile recruitment of a total of thousands of positions, including stamping, painting, assembly, technology, management, production, quality and intelligence and other departments.
According to some employees of Evergrande Automobile, Evergrande Automobile not only issued the year-end bonus on time, but also some former employees of Evergrande Automobile who have left the company have also received a re-employment letter from Evergrande Automobile.
These also seem to show that Evergrande Automobile is still developing in a good direction.
It is understood that on October 11 last year, after Evergrande Automobile put forward the slogan of "three months of big dry, the first car of Hengchi in Tianjin factory off the production line", on December 30, Evergrande Automobile's first model Hengchi 5 was finally officially rolled off the production line at Evergrande Automobile Tianjin Factory, 12 days earlier than originally planned. This makes Evergrande Automobile full of confidence.
Industry insiders predict that if Evergrande Automobile can take advantage of the rapid development of the new energy vehicle market in 2022, it will play a vital role in the future fate of the entire Evergrande Group.
03
Chip shortages continue, with Ford's 8-seat North American plant or shutdown
Recently, a Ford spokesman said that due to chip supply constraints, the company will implement work stoppages or production cuts in eight factories in the United States, Mexico and Canada this week.
Ford revealed that the company's plants in Michigan, Chicago and Cuautitlan, Mexico, will suspend production. In addition, at its plant in Kansas City, production of the F-150 pickup will be suspended, while production of the Transit van will be limited to one shift. At the same time, its factories in Dearborn and Louisville, Kentucky, have single shifts or reduced working hours, while eliminating overtime at its plants in Oakville, Canada.
Ford announced that all changes will take effect the week of February 7.
Affected by the news, Ford shares fell, from an all-time high of $25 in mid-January to $17.96 now. Even so, seeing that production and sales in the first quarter will be unprecedentedly fierce, Ford still has good news for investors: "In the second half of 2022, production capacity and sales will increase significantly." ”
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