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How many car companies can you think of that have already gone bankrupt?

Recently, we have been talking about the independent brands of our parents and grandparents. Once upon a time, they also had a very prosperous period, but in the end they could not escape the changes of the times. Today, we will continue to learn about other independent brands that have already gone bankrupt, and see how many more you can recognize!

Andal Automobile

In 1991, when Chery Automobile was still in the planning and conception stage, the Anqing Overhaul Factory, also a native of Anhui, came up with a whim on New Year's Eve to imitate the Beijing Jeep , a mini car was built purely by hand, and it was mounted on the big turntable of the first Spring Festival Light Show in Anqing City, officially starting the "Anqing people's car-making dream".

In 1994, Anqing Overhaul Repair Plant began to collect car brand names in newspapers with prizes, and the most popular name was "Anda", which means "safe arrival, Anqing is prosperous". However, due to the national industrial and commercial regulations at that time, the registered product name cannot conflict with the administrative area code above the county level. There is Anda City in the northeast, so the name "Anda" cannot be registered. Finally, in 1995, it was successfully registered as the "Anda" car trademark. . At the same time, 4 types of automobile products have been listed on the national automobile product catalog.

In 1996, Andal Automobile Factory reached its peak, with annual sales of 1,136 units and a total output value of more than 80 million yuan, making it a well-known profit and tax producer in Anqing City. And in just three years, the output value of this car company has increased nearly 100 times. Although the scale of its car company is not very large now, it can be regarded as a miracle. Later, because Andal Automobile Factory was only qualified to produce passenger cars at that time, when the 1997 automobile product catalog was refined, Andal Automobile would not be able to legally produce cars. In addition, the capital chain was broken in June 2003, and Andal Automobile Factory The encounter with "Waterloo" eventually led to the declaration of bankruptcy and became a memory for a generation.

Huali Automobile

Mentioning Huali Automobile, friends who know a little bit about the automobile industry may know that in 2018, it exposed a piece of blockbuster news, which was no less than The price of 1 yuan was used to transfer 100 shares of Tianjin FAW Huali Automobile Co., Ltd., a wholly-owned subsidiary. But looking at the history of Huali Auto, it is hard to imagine that a long-established car company with more than 50 years of car manufacturing history could be reduced to such a low price.

Let’s start from the beginning. In 1965, Huali Automobile’s predecessor, Tianjin Automobile Manufacturing Plant, was established, and in 1983 it was officially designated by the country as one of the first batch of mini-car production bases. At that time, due to the lack of domestic vehicle manufacturing technology, Tianjin Automobile formed an inspection team to conduct market research in Japan. In the end, the delegation set the cooperation target with Japan's Daihatsu Motors, which is good at producing small cars, and successfully introduced Daihatsu Hijet? 850 micro-surface and Daihatsu Charade sedans. In 1984, Tianjin Automobile officially signed a technology transfer agreement with Daihatsu Motor, and at the same time gave the two models Chinese names. Hijet was renamed "Huali", and Charade was called "Xiali", which together mean "Huaxia Deli".

In the late 1990s, my country's automobile policy began to focus on supporting car production, and Huali Micron was gradually replaced by Xiali sedan. In 2001, Huali Micron was officially discontinued. In 2007, Huali Automobile ceased production of all models, and was acquired by Tianjin FAW for 300,000 yuan the next year, becoming the only mini-featured passenger car production base under the FAW Group. However, due to the sluggish overall performance of FAW, it was transformed into a production base. Huali Automobile was still in a loss-making state and was forced to be on the list of the Ministry of Industry and Information Technology to be persuaded to quit. Tianjin FAW finally had to sell Huali Automobile at a low price of 1 yuan.

Youth Lotus Car

This is a legendary brand, established in January 2001 with a registered capital of 100 million yuan. It was once famous for its "water-hydrogen engine". In order to enter the field of passenger car manufacturing, it has cooperated with British Lotus Motors to build its own Youth Lotus brand, which is said to be a technology platform from Proton. British Lotus provides technical cooperation such as chassis tuning, and some stores even directly sell LOTUS. So much so that after LOTUS entered the country, it was forced to change its name to "Lotus".

In 2008, when China's automobile industry was gradually heading towards a period of prosperity, the young Lotus Cars, disguised as British Lotus, entered the automobile market and launched the first Lotus L3 model. However, due to the poor quality of the product process, the first batch of car owners A large number of product problems occurred in less than three months of use, leaving a deep foreshadowing for Young Lotus's future decline. In 2012, the cooperation agreement between Youngman Auto and Proton expired, and Proton withdrew its R&D technicians. Young Lotus, which had no new products to launch, tried to maintain Lotus' popularity. However, British Lotus repeatedly publicly stated its relationship with Young Lotus. Existence is one of the many things the company serves, causing Young Lotus's reputation to plummet. Coupled with the failure of the Young Automobile legal person Pang Qingnian to acquire Saab, the dealers completely lost confidence. In the end, what should come will come, and Young Lotus enters the stage of bankruptcy and liquidation.

This article comes from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.