News every day: Guangzhou Automobile Group plans to transfer the equity of BYD joint venture company for 104 million yuan.
[Know the way of the car industry] Let’s take stock of what big events happened in the car circle on October 19, 2024.
Automobile Event 1: Guangzhou Automobile Group plans to transfer the equity of BYD joint venture company for 104 million yuan.
On October 18th, Guangzhou Automobile Group announced its plan to publicly list and transfer all its shares in Guangzhou GAC BYD New Energy Bus Co., Ltd., a joint venture with BYD, with a reserve price of about 104 million yuan.
The equity transfer indicates that the cooperation between Guangzhou Automobile Group and BYD in the field of new energy buses is coming to an end.
Guangzhou GAC BYD New Energy Bus Co., Ltd., a joint venture between GAC Group and BYD, has been committed to the research and development and production of new energy buses since its inception. After the completion of the equity transfer, Guangzhou Automobile Group will no longer hold any shares of the company, and BYD has not given up its preemptive right.
Car incident 2: Buick GL8 launched a limited-time discount for business class on land, with 197,900 after the discount.
A few days ago, we learned from Buick officials that it launched preferential activities for its medium and large MPV——GL8 land business class model, with a limited-time preferential price of 19.79-25.09 million yuan. At the same time, the government also introduced a replacement subsidy of up to 30,000 yuan (the national trade-in subsidy is up to 15,000 yuan+the brand replacement subsidy is up to 15,000 yuan) and a variety of flexible financial programs.
Automobile Event 3: "MAEXRTRO Zunjie" will launch the Guangzhou Auto Show and be officially listed in early 2025.
Recently, at the 2024 World Intelligent Networked Automobile Conference, Yu Chengdong, managing director of Huawei, chairman of terminal BG and chairman of smart car solution BU, said that the first model of "MAEXRTRO Zunjie" jointly launched by Huawei and JAC Automobile will make its debut at the 2024 Guangzhou Auto Show, which opened on November 15th. It is expected that the new car will be officially launched before next spring, and its final price will exceed 1 million yuan. In addition, Yu Chengdong also said that in 2025, Huawei will launch ADS4.0 to realize L3-level assisted driving in commercial high-speed and pilot L3-level assisted driving in urban areas.
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