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 Neta Malaysia will buy back your EV if, no spare parts

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qsub
post Jun 10 2025, 03:29 PM

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Lol buy back. They think gold block.

Once company gone. Who gonna buy back.


K.I.T.T
post Jun 10 2025, 03:34 PM

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QUOTE(Wedchar2912 @ Jun 10 2025, 01:57 PM)
I don't get it... why would Toyota take over a chinese ev car manufacturer like Neta? I thought Neta cars are quite bad????
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toyota want customer base and neta logo.
kind of this acqusition wont use parent logo .
TS30624770
post Jun 10 2025, 03:38 PM

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QUOTE(wchinwai @ Jun 10 2025, 04:29 PM)
but Neta losing $$$ and China EV market currently in price war....
Toyota going to lose more $$$
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It's just a rumor but assuming it's the truth, Toyota is way behind BYD and Tesla when it comes to EV

Despite all the price wars in China, most of the EV companies in China are previously established car manufacturer with connections to the government except for BYD, Cherry and Geely. The companies with connections with government is unlikely to be sold to foreigners and more likely the government will force mergers.

BYD, Cherry and Geely are doing well enough that they don't need a foreign partner, let alone a foreign company to take over. So, Toyota is left with the smaller companies that are likely to die off. Among those smaller companies, Neta is the only one currently in financial problem and already has an establish distribution and selling models. So, it is a good target to take over cheaply and have access to their tech even though they are not BYD level EVs. It's a good starting point for Toyota in EV in China.


tifosi
post Jun 10 2025, 03:40 PM

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How to buy back when the company is no longer available?
skloda
post Jun 10 2025, 03:41 PM

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those who already bought neta one prepare up car liao d .
Wedchar2912
post Jun 10 2025, 03:41 PM

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QUOTE(K.I.T.T @ Jun 10 2025, 03:34 PM)
toyota want customer base and neta logo.
kind of this acqusition wont use parent logo .
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yeah, definitely the logo won't change in china...

outside of china, may get rebadge into toyota....
who knows, maybe into lexus brand too. brows.gif
TS30624770
post Jun 10 2025, 03:43 PM

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QUOTE(Wedchar2912 @ Jun 10 2025, 04:41 PM)
yeah, definitely the logo won't change in china...

outside of china, may get rebadge into toyota....
who knows, maybe into lexus brand too.  brows.gif
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Actually, Toyota hybrid cars are quite common in Beijing

I took Didi in Beijing the last time and quite often gets pick up by Corolla Hybrid
katijar
post Jun 10 2025, 03:45 PM

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Provided they still exist kan
SUSlurkingaround
post Jun 10 2025, 03:50 PM

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QUOTE(Quantum Geist @ Jun 10 2025, 02:03 PM)
>if spare parts no longer available

so a few years later at the low end of the price range?
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Will Neta China and the local dealer here will still be around in the coming months.? .......

https://finance.sina.com.cn/roll/2025-05-14...yy9442704.shtml - Google Translated: Nezha Automobile is "on the brink of death": the operating entity has been declared bankrupt and the trace of 3 billion financing is hard to find
May 14, 2025


= "Caveat Emptor."

P S - This reminds me of the many abandoned housing projects in Malaysia = many housebuyer victims.
.

This post has been edited by lurkingaround: Jun 10 2025, 03:54 PM
azbro
post Jun 10 2025, 03:51 PM

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gahpadu
post Jun 10 2025, 04:02 PM

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Company sudah mahu brankrap lagi mahu buy back...siapa mahu invest this company anymore. Duit pinjam along ke?
DarkNite
post Jun 10 2025, 04:09 PM

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QUOTE(30624770 @ Jun 10 2025, 03:38 PM)
It's just a rumor but assuming it's the truth, Toyota is way behind BYD and Tesla when it comes to EV

Despite all the price wars in China, most of the EV companies in China are previously established car manufacturer with connections to the government except for BYD, Cherry and Geely. The companies with connections with government is unlikely to be sold to foreigners and more likely the government will force mergers.

BYD, Cherry and Geely are doing well enough that they don't need a foreign partner, let alone a foreign company to take over. So, Toyota is left with the smaller companies that are likely to die off. Among those smaller companies, Neta is the only one currently in financial problem and already has an establish distribution and selling models. So, it is a good target to take over cheaply and have access to their tech even though they are not BYD level EVs. It's a good starting point for Toyota in EV in China.
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Why buy a dead horse when Toyota already JV with GAC Guangzhou Automobile Group Co Ltd to produce Toyota bZ7, an over-five-metre-long EV sedan?
TS30624770
post Jun 10 2025, 04:19 PM

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QUOTE(DarkNite @ Jun 10 2025, 05:09 PM)
Why buy a dead horse when Toyota already JV with GAC Guangzhou Automobile Group Co Ltd to produce Toyota bZ7, an over-five-metre-long EV sedan?
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JV means you don't have complete say while take over mean you have the power to run the company
Boy96
post Jun 10 2025, 04:28 PM

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QUOTE(Sichiri @ Jun 10 2025, 02:08 PM)
tak faham why ppl so happy with buyback.

You still need to pay the excess interest to the bank.

They're not gonna waive the interest even if the company buy back.
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Dunno how much they will buy back

But currently neta price around below rm70k can buy cash. If they pay back full damn nice
Slowpokeking
post Jun 10 2025, 04:30 PM

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WongTheThief
post Jun 10 2025, 04:34 PM

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lol pretty sure I saw my neighbor bought the Neta car when it first came out couple of years ago, now dunno where the car go liao biggrin.gif maybe already cashed out
DarkNite
post Jun 10 2025, 04:37 PM

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QUOTE(30624770 @ Jun 10 2025, 04:19 PM)
JV means you don't have complete say while take over mean you have the power to run the company
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Mcm Toyota & Sime Darby? whistling.gif
bsa12
post Jun 10 2025, 04:46 PM

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Sound like abang non political speech
TS30624770
post Jun 10 2025, 04:47 PM

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QUOTE(DarkNite @ Jun 10 2025, 05:37 PM)
Mcm Toyota & Sime Darby? whistling.gif
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Sime Darby is distributor for Toyota cars in Malaysia

It is not a JV. Sime Darby brings Toyota cars into Malaysia to sell

They sign a dealership agreement and not JV agreement

JV means 2 parties get together and cooperate to do biz by setting up a company

This way they both have say in how the company is run and products are made

This post has been edited by 30624770: Jun 10 2025, 04:47 PM
DarkNite
post Jun 10 2025, 05:00 PM

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QUOTE(30624770 @ Jun 10 2025, 04:47 PM)
Sime Darby is distributor for Toyota cars in Malaysia

It is not a JV. Sime Darby brings Toyota cars into Malaysia to sell

They sign a dealership agreement and not JV agreement

JV means 2 parties get together and cooperate to do biz by setting up a company

This way they both have say in how the company is run and products are made
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Saya putar Harlim!

Sime Darby completed its acquisition of the majority stake (61.2%) in UMW company.
Toyota Malaysia is a joint venture company owned by UMW Corporation Sdn Bhd (51%), Toyota Motor Corporation (39%), and Toyota Tsusho Corporation (10%),

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