The year 2020 will witness a new round of death and rebirth.

In the blink of an eye, the year 2020 has already passed by half. In the past six months, the automobile market has been changing constantly, and the industry events have been coming and going. The industry has not only experienced the coVID-19 pandemic, but also experienced the "darkest hour" of the global car market. It has also witnessed the death and rebirth, and witnessed and written history.

"Automobile Corporation" hereby makes an inventory of the "Global Car Business" in the past half year, summarizes the past and looks forward to the future, so as to forge ahead. I believe the following 10 events have been hot topics in the industry. Do you still remember them?

1. In the aftermath of the epidemic, international auto shows have been cancelled

Covid-19 has not only profoundly affected the lives of people around the world, but also dramatically changed the ecological landscape of the global automobile industry. In the meantime, as auto shows are cancelled, carmakers are rebuilding their marketing, such as online distribution. Some auto companies still want to participate in the big international auto shows, but it is clear that more brands do not plan to invest more resources there, and it is doubtful that some international auto shows can be revived.

2. Renault-nis-mitsubishi alliance unveils medium-term plan

In search of a recovery plan and to ease internal tensions, the alliance released its medium-term plan on May 27, which emphasizes two core elements, resource sharing and a "leader-follow" strategy, in which members will make the most of their Shared resources and explore their areas of strength.

All three alliance members are maintaining stable cash flow through a combination of reduced fixed fees, external loans and staff reductions. With a new strategy of cooperation, might a turnaround be just around the corner?

3. Tesla is worth more than Toyota

On July 1, Tesla rose 3.69% to close at $1,119.63, raising its market value to more than $207 billion and making it the world's largest automaker by market capitalization, surpassing Toyota Motor Corp., previously the world's most valuable auto maker.

Tesla's $200 billion market value is largely tied to sales that beat expectations. On the one hand, Musk predicted that Despite the coVID-19 pandemic, Tesla could break even in Q2. On the other hand, Credit Suisse analysts expect Tesla's Sales in June to be very strong, and its Q2 delivery is likely to be between 90,000 and 100,000 vehicles. The consensus for sellers is 70,000 and the consensus for buyers could be 80,000. In the meantime, market expectations have risen markedly.

4. Hertz, a global car-rental giant, went bankrupt

Hertz, which depends on the airline industry for its livelihood, filed for bankruptcy in late May after the outbreak shut down the US airline industry and halted business and leisure travel.

To be sure, the car rental market is facing severe challenges as a result of the epidemic. But it cannot be ignored that a new "shuffle" may begin. As an important ecology in the travel field, the competition in the car rental market is surging along with the transformation and ecological changes of the automobile industry. How to break through this asset-heavy and service-heavy industry is an issue that Hertz and other car rental giants need to think about in the next era.

5. Amazon bought Zoox

At the end of June, Amazon officially announced that it had signed a deal with Zoox, closing the long-rumored deal.

When it comes to autonomous driving, 2020 will be a year of endless takeover rumors. From the plight of the self-driving head company to its acquisition by Amazon, it means that there is still a long way to go for self-driving technology to mature, whether it is to carry people or goods. This epidemic is bound to accelerate the arrival of the elimination of the industry. On the other hand, in the landing stage, in addition to cooperating with traditional automobile enterprises or technology companies to solve the problems at the product end, autonomous driving enterprises also need to find the demand side in application scenarios.

6. Oil fell below $37.6

Saudi Arabia resumed its oil price war in March after TALKS between OPEC and Russia to cut output "fell apart". But it is worth noting that, depending on a series of regulation, the domestic oil price is not greatly affected by the international crude oil price.

The automobile industry is undergoing differentiation, and the emergence of new energy vehicles and intelligent vehicles will have a significant impact on the whole transportation society. In the short term, if the outbreak ends and signs of economic recovery intensify, fuel prices will rebound. In the long run, the impact of crude oil prices will be even weaker if the electrification of cars and even transportation equipment such as aviation and shipping becomes a reality.

7. Borgwarner buys Villefort

On January 28, local time, Borgwarner, a famous American manufacturer of automobile electric drive systems and engine parts, announced that it would acquire full control of Delphi Technology for 3.3 billion DOLLARS. The combined company, with estimated revenue of $14.5 billion, is expected to be a leading powertrain company in the world, serving manufacturers of light and commercial vehicles and the aftermarket.

For Borgwarner, the purchase of Delphi is almost the biggest deal in the past decade, aimed at strengthening Delphi's expertise in power electronics and optimizing Borgwarner's clean-tech portfolio.

8. Chung took over at Hyundai Kia

Chung Mong-joo officially stepped down as chairman of Hyundai Motor Co., leaving only its non-registered executive and registered director of Hyundai Mobis, the company announced at a shareholder meeting on March 19. Chung Eui-sun, the son of Chung Mong-koo and now chief vice-chairman of Hyundai Motor, will become the new chairman and head all the group's businesses.

Since then, Hyundai Motor officially entered the "Zheng Yixuan Era". Under Mr Cheng's plan, Hyundai will transform itself from a carmaker into a supplier of smart mobility solutions.

9. Geely And Volvo are pushing ahead with integration

In February, Geely said in a statement that it was in preliminary discussions with Volvo Management on business integration to explore the possibility of restructuring through a merger of the two companies' businesses.

In fact, Geely and Volvo made a splash as early as Last October. They announced the creation of a new company to integrate their internal combustion engine divisions in order to build the world's leading powertrain business unit and develop and produce leading powertrain and hybrid systems.

Faced with the challenges of the trend of "new four modernizations" and the market downturn, Volvo and Geely Automobile have a chance to stand invincible in the new trend of The Times through deeper cooperation in technology, capital and other fields.

10. Dees lost its CEO of the Volkswagen Brand

In June, it was announced that Herbert Diess would step down as chief executive of the VW brand on July 1, leaving the vw group alone. Heading the Volkswagen brand will be COO Ralf Brandstatter.

The replacement of Volkswagen brand is a mirror of Volkswagen group eager to break the situation in the context of the inflection point of "new modernization" and the slowdown of global demand for new cars. As a radical electricization advocate, Diss brings Volkswagen the transformation and reform process, which can broaden the industrial horizon to have a bird's eye view, or two sides of a coin.