China Chongqing Songyo Auto Parts Co., Ltd. Company News

Dacia will release the latest family model Jogger at the IAA Motor Show in Munich, Germany in early September   According to foreign media reports, the French Renault Group's low-cost brand Dacia will launch a new family model in September. The new car is designed to replace the existing three models. This is part of Renault Group CEO Luca De Meo's promotion of reducing the number of models and focusing on profitable models. De Meo hopes that through cost-saving and layoffs, Renault, which is in a state of loss, can turn losses into profits, and terminate the substantial expansion strategy of former CEO Carlos Ghosn in order to restore the group's profitability.   As a low-priced brand under the Renault Group, Dacia said in a statement that they will release the latest family model Jogger at the IAA Motor Show in Munich, Germany in early September. The new models will replace the brand's Logan, Dakker and Lodgy models, and these three old models will be phased out. Dacia has not disclosed the pricing details of the new car.   The company said: "The name Jogger is reminiscent of sports, outdoor activities and positive energy. This is an ideal family car for outdoor activities. Jogger embodies Dacia's pragmatic and authentic spirit, and the brand's new outdoor 'Image. Jogger will provide a 5-seater or 7-seater version, which is the best companion for multi-occupant families, allowing car owners to freely enjoy the simple pleasures of life with friends and family."   The Renault Group’s goal is to make a difference in the European mid-size car (known as compact cars in other countries) market, and its main competitors include Volkswagen’s Golf. In addition, the company also hopes to reduce its reliance on small cars with lower profit margins. This strategy of the group is consistent with the strategy adopted by PSA (now part of Stellattis).   The current global competition for electric vehicles is rapidly heating up. In this context, De Meo hopes to give Renault, Dacia and its sports car brand Alpine a more unique identity. Dacia was originally a Romanian company and was acquired by Renault in 1999. In 2020, the brand launched the Spring small electric car. De Meo has previously stated that he hopes that this brand, which has been deeply involved in the European market, can go global. The brand is expected to release a new logo in 2022.

It’s hard to find a sector handling pandemic-era curves better than auto parts. In recent weeks and months, the nation’s top auto parts retailers continue to report robust sales gains as used cars undergo a sales boom of their own — and all will need replacement parts at some point. According to the 2021 Joint Channel Forecast Model from the Automotive Aftermarket Suppliers Association (AASA) and the Auto Care Association, U.S. light-duty automotive aftermarket sales are set to increase more than 11 percent to $325 billion in 2021. In June, Bill Hanvey, president and CEO of the Auto Care Association, said that "increased reliance on personal transportation, coupled with shifts in consumer purchase and maintenance behavior, primes the aftermarket for continued growth. Indicators suggest that consumers will continue to hold onto their older vehicles, which creates further opportunity for the aftermarket.” He added that while COVID-19 was a challenge for aftermarket auto parts retailers, it was also “a catalyst for many of the tailwinds we're experiencing today." One need only look at earnings from category leaders to see the effects of that tailwind. As PYMNTS reported, Advance Auto Parts net sales were up nearly 6 percent from the prior fiscal year to $2.6 billion in its fiscal Q2 2022 ending July 17. Comp-store sales rose 5.8 percent in the quarter. See also: Advance Auto Parts Sees Q2 Boost As Drivers Return To Roadways For the three months ending May 8, AutoZone logged a 29 percent increase in U.S. same-store sales. Read more: AutoZone Leans Into Commercial Customers As Consumers Head Back To Work Meanwhile, O'Reilly Automotive reported the strongest same-store sales growth in the company's 64-year history in Q1 2021. It was the same story at NAPA Auto Parts parent Genuine Parts Company, whose 9.1 percent increase to $4.5 billion in Q1 beat Q1 2020. Even the battle of the retail titans is on wheels this year, as PYMNTS reported in Q1 that “Amazon has seen its auto parts sales steadily rise over the past five years” from just 3.3 percent in 2014 to 13 percent in Q3 2020. The upshot is that Amazon is gaining ground in the automotive race with rival Walmart, as “the auto parts market share spread between Walmart and Amazon has slipped to just 4.5 percent,” according to data available at this writing. Learn more: Whole Paycheck: Walmart And Amazon Have A Food Fight Taken together, it’s a pedal-to-the-metal moment for the automotive aftermarket. Few predicted it, as commuting by car fell precipitously during 2020 lockdowns. Now it becomes a question of how long the rally can keep running on a crisis that’s abating, however slowly. The Digital Shift Into High Gear As to the split between eCommerce and in-store sales of auto parts, a report from investment bank and financial advisory firm Brown, Gibbons, Lang & Company (BLG) done with Hedges & Company states that the shift to online auto parts buying “is predicted to be permanent, and eCommerce represents a significant area of future growth.” In-store and eCommerce traffic are so heavy for auto parts merchants this year that some question how far the pandemic push will take the trend. As The Wall Street Journal reported in early Q2, “The concern is that this growth may not be sustainable. Auto parts retailers say they aren’t writing off the possibility that demand last year was pulled forward as consumers received stimulus checks and had more time at home to pursue do-it-yourself projects.” Preowned vehicle sales are a bellwether for aftermarket auto parts, and on that front, things continue to roll forward with no immediate end in sight. In its Dealer Sentiment Index Second Quarter 2021, category mainstay Cox Automotive said that “the three-month market outlook index reading of 63 is an increase from last quarter and, importantly, equal to Q1 2020, the final pre-COVID-19 reading. Profits in Q2 are strong, dealers are reporting. The profit index in Q2 hit a record 59, while the price pressure index dropped to a record low 33, meaning a majority of dealers are feeling little pressure to lower prices.” While inventories of used and certified preowned cards remain tight, Cox added that “unlike inventory, customer traffic showed a significant improvement in Q2, with the index increasing 28 points from the prior quarter and reaching a record-high 57. This reading indicates that more dealers feel their customer traffic is strong than feel it is weak, likely due to pent-up demand.” Cox began using digital personalization to drive sales across its large portfolio of brands in late 2020 by employing the Amazon Neptune identity graphing technology.

Answer:Failure of the shock absorber will increase the braking distance I will not explain the working principle of the shock absorber in detail here. To put it briefly, it is to convert the elastic potential energy of the automobile spring vibration into heat energy, so as to achieve the purpose of attenuating the frequency and amplitude of the spring vibration. From this principle, we can also draw a judgment method for judging whether the shock absorber is invalid: that is, after the vehicle has been running for a period of time, touch the barrel of the shock absorber by hand, and if there is heat, the shock absorber It has not completely failed. On the contrary, it means that the shock absorber has failed and needs to be replaced in time. With the above foreshadowing, let’s analyze together why the failure of the shock absorber will cause the braking distance to become longer. We know that when braking, the friction between the tire and the ground is used to slow down or stop the car. If the shock absorber fails, the vibration frequency and amplitude of the car spring will increase, resulting in a reduction in the effective contact area between the tire and the ground. The tire grip is reduced, and the failure of the shock absorber will cause the center of gravity of the car to move forward seriously when braking. Because there is no support of the damping force of the shock absorber, the front wheel damping system is soft, so it will cause the center of gravity to move forward. Due to the failure of the shock absorber of the front wheel, the compression force of the spring will be very large. The greater the compression force, the greater the rebound force, which will cause the vibration frequency and amplitude of the spring to further increase. The effective contact area is smaller and the tire grip is worse. In addition, the forward movement of the center of gravity will also cause the rear of the car to tilt, resulting in a reduction in the contact area between the rear tires and the ground, and a reduced grip. The superimposition of the front and rear tires will eventually cause the braking distance to be extended.   Supplementary knowledge:   How to judge whether the shock absorber has failed (without oil leakage) 1. Press the car body to the lowest point with your hand, and then quickly let go. If the car body jumps up and down more than 2 times with a large amplitude, it means that the shock absorber may fail and further analysis is required 2. Remove the shock absorber and check whether the damping force of the shock absorber is normal: hold both ends of the shock absorber with your hand to pull the shock absorber several times, and keep the shock absorber in the installed state during this process In the same posture, if the shock absorber has a stable damping force, it means that the shock absorber is good and has not failed; if the damping force of the shock absorber is unstable or there is obviously no resistance, it can be judged as a failure   3. When the car stops after driving on a bad road for a certain distance (generally more than 10Km is appropriate), touch the outer surface of the shock absorber oil tank with your hands. If the temperature of the shock absorber oil tank is not higher than the neighboring oil tank, it will not generate heat. Parts (such as springs) indicate that the shock absorber has failed. If the cylinder temperature of the left and right shock absorbers is high and the other is low, and the temperature difference between the left and right shock absorber cylinders is relatively large, it indicates that the performance of the low-temperature shock absorber has degraded or the shock absorber has failed. If the shock absorber has leaked oil, you need to look at the specific severity of the oil leak. If the oil has spread all over the barrel, it is recommended to replace the shock absorber with a new one as soon as possible. If there is only a slight oil leak or the leaking area is not wet In the case of this, please consult a professional repair shop master.

Harsh winter weather and new-car supply constraints should help prospects for auto-parts retailers Auto-parts retailers look revved up and ready to go. Their share prices have some catching up to do. O’Reilly Automotive, ORLY 1.89% which held its earnings call Thursday morning, saw record quarterly sales and earnings. The auto-parts retailer reported a 25% revenue jump for the first quarter compared with a year earlier, well above the 14.7% analysts polled by Visible Alpha expected. Net income rose 67%. The coronavirus pandemic reduced traffic levels to unusual lows last year, but that barely scuffed auto-parts retailers’ top lines. O’Reilly’s 2020 sales increased 14.3%, a substantial jump compared with the 7.1% growth it saw on average over the preceding five years. For the 12 months ended Feb. 13, AutoZone AZO 1.60% saw its revenue grow 10.9%, more than double the five-year average growth rate. The concern is this growth may not be sustainable. Auto-parts retailers say they aren’t writing off the possibility that demand last year was pulled forward as consumers received stimulus checks and had more time at home to pursue do-it-yourself projects. Yet there are plenty of conditions that could yield surprising sales bumps. For one, traffic still isn’t back to pre-pandemic levels. Once more cars return to the road, it is likely that there will be a rotation in the categories that perform well. AutoZone had noted that brakes and rotors weren’t selling as well in its most recent fiscal quarter because cars were on the road less; that should come back as traffic recovers fully. The harsh winter weather seen earlier this year should mean more maintenance and repairs are needed on many vehicles, which could help boost sales throughout this year after two consecutive years of mild winters, O’Reilly said during its earnings call.

There are multiple classifications of automotive automotive equipment There are mechanical devices, air breathing apparatus, straws, retractable devices, etc.   What we are going to explain today is the mechanical maintenance device. There are also sub-items in the mechanical maintenance device that are daily maintenance devices and maintenance devices.   Let me explain to you what is the difference between the two of them Hydraulic device The oil is used for high-speed transmission, through the cylinder oil and the inner oil of the hole wall to generate force, but it forms an impact on the body, forming a continuous and working on the body, which is prone to atomization, making the user unable to work However, the expected effect is not achieved. At low temperatures, the viscosity of the oil continuously pursues the performance of the hunter; during continuous operation, the oil flow of the aircraft during continuous operation will make a noise and generate its own sonic noise. Inflatable shock absorber The gas-filled shock absorber is also called the oil-gas hybrid shock absorber. It uses oil as the medium and adds part of the gas in the cylinder as an auxiliary. The gas medium is added on the basis of hydraulic shock absorption, which increases the stability and reduces The noise caused by the high-speed flow of oil, but the working principle is still the working principle of hydraulic shock absorption. How do we distinguish between hydraulic shock absorbers and pneumatic shock absorbers (there is no difference in appearance)   I’m here to share my own judgment skills, provided that the shock absorber is not faulty. After unpacking the shock absorber, if the piston rod of the shock absorber is not extended without any fixing device, it is an air-filled shock absorber, and if the piston rod does not extend, it is a hydraulic shock absorber.   Reminder: Some brands of shock absorbers have a self-locking function for the convenience of packaging and transportation. That is, before installing the shock absorber, you need to rotate the piston rod with a tool before the piston rod pops out.   Why do I distinguish between pneumatic and hydraulic shock absorbers in this way? The reason is this When the inflatable shock absorber is assembled, the piston rod is extended. At this time, the inside of the shock absorber has just reached the balance of force. When compressed in, the gas will be compressed, destroying the balance of force. When the piston rod is not compressed, the compressed gas will return to its original shape, which will push the piston rod to rebound and regain the balance of force. But the hydraulic shock absorber is different because there is no gas in it, only liquid, and there is still The built-in spring, the piston rod is stretched inside when assembling. When you pull it out and let go, the spring will force the piston rod to retract. At the same time, because of the rapid pull out, the hydraulic oil has not all been reduced from the working cylinder. Flowing into the working cylinder with increased volume, this force will also force the piston rod to retract, but it usually does not retract to the original position because part of the hydraulic oil flows into the working cylinder with increased volume.   Reminder: Some inflatable shock absorbers also have a built-in spring inside. When the piston rod moves up, it will press this spring. The spring will buffer and improve comfort. Hydraulic shock absorber do not rebound Inflatable shock absorber      Reminder: So in the future, if the piston rod of the shock absorber does not rebound, it may not be the quality problem of the shock absorber. Maybe this shock absorber is a hydraulic shock absorber.

In recent years, almost all vehicles on the market use injection fuel supply systems. The main reason is that they have to respond to increasingly stringent environmental regulations. The fuel injection system has evolved from the early mechanical single-point injection to the current electronic multi-point injection. Then, what are single-point injection and multi-point injection? Assuming a four-cylinder engine, from a single injector to the branch of the intake manifold, the fuel is injected from one place and then distributed to the four cylinders with the intake air. This is a single point injection; In the intake port of each of the four cylinders, because each cylinder has one fuel injection nozzle, the four-cylinder engine has four fuel injection nozzles. This is called multi-point injection.   From the perspective of the fuel path, first, the fuel pump sends the fuel from the fuel tank to the fuel pipeline, and the fuel pipeline sends the fuel to the fuel rail. The fuel rail is controlled by the pressure regulating valve to control the fuel pressure and ensure the fuel delivered to each cylinder. The pressure can all be the same. On the other hand, the pressure regulating valve will also send excess oil to the oil return pipe and flow back into the oil tank by releasing the pressure. One end of the fuel injection nozzle is connected to the fuel rail, and the nozzle is on the air inlet of each cylinder. The engine ECU will issue a fuel injection command to the fuel injector according to the engine operating status. The fuel injection quantity is determined by the fuel pressure and the fuel injection time of the fuel injector. The fuel pressure at the fuel rail is controlled by the pressure regulating valve, and the fuel is regulated. The pressure of the pressure valve is adjusted by the manifold vacuum (engine load), so the ECU can control the fuel injection time. When the engine needs more fuel, the fuel injection time will be longer, otherwise the fuel injection time will be shorter.   The injector itself is a normally closed valve (normally closed valve means that the valve is always closed when there is no input control signal; while the normally open valve is the valve is always open when no control signal is input). A valve needle moves up and down to control the opening and closing of the valve. When the ECU issues a fuel injection command, its voltage signal will cause current to flow through the coil in the fuel injection nozzle, generating a magnetic field to suck up the valve needle, and open the valve so that the fuel can be ejected from the fuel injection hole.   The biggest advantage of fuel injection is that the control of fuel supply is very precise, allowing the engine to have the correct air-fuel ratio in any state. Not only does it keep the engine running smoothly, but its exhaust gas can also comply with environmental regulations.

On May 26th, Beijing time, Ideal Auto’s first quarter financial report released this year showed that Ideal Auto’s total revenue in the first quarter was 3.58 billion yuan ($545.7 million), an increase of 319.8% from 851.7 million yuan in the same period last year. Among them, automobile sales revenue was RMB 3.46 billion (US$528.7 million), an increase of 311.8% from RMB 841.1 million in the same period last year.   Ideal Auto said that compared with the same period last year, the main reason for the increase in auto sales revenue was the increase in deliveries brought about by the continuous expansion of the sales network. The financial report shows that Ideal Car delivered 12,579 units in the first quarter, a year-on-year increase of 334.4%. As of March 31 this year, Ideal Motors has expanded to 65 retail centers nationwide, covering 49 cities; after-sales repair centers and authorized sheet metal spray centers have expanded to 135, covering 98 cities.   In the first quarter, the ideal car gross profit margin was 17.3%, of which the car sales gross profit margin was 16.9%, which was an increase from the 8.4% gross profit margin in the first quarter of last year, but it fell from the 17.1% gross profit margin in the fourth quarter of last year. Ideal Motors said that the increase in gross profit margin of automobile sales compared with the same period last year was due to the decrease in the cost of raw materials and the decrease in bicycle manufacturing expenses brought about by the increase in production. Bicycle revenue declined.   As of the first quarter, Ideal Auto was still at a loss. The financial report showed a net loss of 360 million yuan (54.9 million US dollars) in the first quarter, a net loss of 77.1 million yuan in the first quarter of 2020, and a net profit of 107.5 million yuan in the fourth quarter of 2020.   In terms of cash flow reserves, as of the first quarter, ideal auto cash reserves (cash and cash equivalents, restricted cash and time deposits and short-term investment balances) were 30.36 billion yuan (4.63 billion US dollars).   One day before the release of the financial report, Ideal Motor released the 2021 Ideal ONE. The new model has been upgraded in terms of extended range electric system, Ideal AD advanced assisted driving, intelligent cockpit, and ride comfort. The NEDC has a comprehensive cruising range of about 1080 kilometers, and the price is 338,000 yuan will be delivered on June 1 this year. It is reported that after the start of production and sales of the 2021 Ideal ONE, the 2020 model will stop production, which means that the price of the Ideal ONE "increased" by 10,000 yuan compared with the old model with the introduction of new models.   Shen Yanan, co-founder and president of Ideal Motors, said in an interview at the press conference, "Ideal has very strong confidence in the 2021 Ideal ONE, and current orders have this trend. The ideal goal is to exceed 10,000 monthly sales by September this year."   On this basis, Ideal Auto expects vehicle deliveries in the second quarter of this year to be 14,500-15,500 vehicles, an increase of approximately 119.6 percent to 134.7 percent over the same period last year, and an increase of at least 1921 vehicles over the first quarter of this year.

America is down, but it’s certainly not out. Last year the US produced almost nine million of the world’s 78 million cars and commercial vehicles, making it the global No.2 behind China, but ahead of the likes of Japan, Germany and South Korea. So who’s the newest, unlikeliest leader of that still-healthy American portion of the automotive world? Sorry Elon Musk (49) of Tesla, Mary Barra (59) of GM, and Bill Jr. (64) of Ford, but it’s an old bloke called Joe (78) of The White House. You’ve got it – this son of a car dealer, Joe Biden, is not only the President of America, he also decided last week to effectively step up and take over as the country’s most important, influential and wealthy (thanks to his Government’s colossal coffers) auto-industry dude. The man says he “loves cars”, and I believe him. A few days ago – partly as Mr President, partly as a still-keen driver – he showed his commitment to the modern American automotive cause by being the first person outside Ford to test one of the firm’s EV prototypes, an F-150 Lightning pick-up. Biden surely wanted to, and did, deliver a clear message to the generally sleepy US auto industry that there have to be more cheap, mid-priced and expensive electric vehicles with blue oval, GM and Chrysler/Jeep badges. It seems he was heard, because the Lighting EV will start at around $40k (£28k). Also imperative to him is that EVs from US firms proudly wear ‘Made in America’ stickers, plaques or engravings. Quite right, too. Whether or not you like Ol’ Joe’s politics and his healthy acceptance of (not unhealthy infatuation with) EVs, you have to admire him jumping the queue to drive the Lightning before anyone else while he yelped “this sucker is quick.” Priceless. And Only in America! His calm leadership qualities are a welcome change. Also positive is the long-overdue kick he’s just delivered to the US auto industry. Finally, it’s acknowledging that unless it takes drastic steps to build accessible EVs for America and the rest of the world (Europe included), it’ll end up as a sad local player, serving domestic customers only. The President is putting his country’s money where his mouth is thanks to his just-announced $174billion (£123billion) EV plan, with more than half that sum funding tax credits for the consumers he aims to persuade to swap their ICE cars and trucks for EVs. But Biden is not just about colossal vehicle-related projects and eye-watering spending. He and his team seem to be in touch with some far less glamorous, but still important things. That’s why he and the National Highway Traffic Safety Administration recently launched some brief, but informative, potentially life-saving driver assistance and content on YouTube and elsewhere. Why should you care? Because you might want to look, listen, learn, and improve your tech/product knowledge, safety and security on the road. Also, we have to ask why the US’s nearly 80-year-old car guy President Joe can find the time, funding, and enthusiasm for vehicle-related matters such as these, yet our Prime Minister – the 50-something bicycling Boris – can’t, or won’t. Honestly, this sucker is slow. --------From Auto express