Tianjin Tianqi Meiya

[CCF mod]

Tianjin Meiya will also add pickup designed according to the newest trends in China.



Pictures were taken from their homepage.

3 more pics at bitauto:
http://car.bitauto.com/meiyafuwang/

[CCF mod]

Meiya TM6500A1:
http://car.bitauto.com/meiyaqibing/






TM1020A4:
http://car.bitauto.com/meiyalucheng/

[CCF mod]

and newest pickup of unknown name:
http://www.tqmy.cn/newsView.asp?id=303

[cuisine]

Tianjin MeiYa are not a big name car manufacturer, in fact looking over their car sales it seems that they sold just two SUV’s in January, which doesn’t come as a major surprise. What could be considered a surprise is their addition of a Range Rover grill to their new pick up truck (left). Looking over their website, they even call the truck the ‘Zhi Hi’ (Wise Tiger) which is not too far from Land Rover’s own ‘Lu Hu’ (Land Tiger) Chinese name.

Under the hood the Range Rover Truck carries a four cylinder gasoline 2.2L engine from Great Wall which in all likelihood won’t sound nearly as glorious as the V8 engines in real RR’s, but the good news is that this truck is likely to be in the 80,000rmb range which is rather more affordable, plus you don’t have to cut the roof off a real Range Rover.

http://auto.163.com/12/0226/12/7R6I5LHE00084TUO.html

[dmitra]

TM1020Q-B Zhi Hu:



TM1021Q2W Zhixiang (newest):


Tianqi Meiya sold around 1650 pickups in 2013.




TM1020Q/A3 Luxiang:





Sources: heze.58.com, alibaba.com, tqmy.cn, cn357.com

[dmitra]

Recent developments

Back in 2013-14 it was reported widely that Hawtai had acquired the Meiya auto production assets and was planning to restructure operations (see this thread for a discussion from 2014). Anyway, as of January 2017, Tianqi Meiya is still part of the BENEFO group (Tianjin Baili Equipment).

In the meantime, Meiya had continued work on a new, larger plant situated on Jingfu Highway in Xiqing district, about 5 km away from its old "Sanfeng" factory. A new website was set up around April/May 2016.

Xianghu (TM1021Q3L) pickup:

This new pickup is featured on Meiya's current website. The media, in general, has published no information on this vehicle yet.





In 2015, there was practically no production by Meiya (less than 20 units). In 2016 (as of November), a run of about 500 pickups were made, almost all between April and July. It is not clear whether these were older models or the new one, or a mix of both.

Offer of sale

Revenues in 2015 were just 7 million RMB with an operating loss of 152 mn RMB and a net loss of 156 mn RMB. In 2016, up to November, revenue was 4.6 mn, operating loss 11.3 mn, and net loss 10.6 mn. Given this dismal state of affairs, the Baili management decided in late 2016 to put the entire company up for sale (along with liabilities) with the approval of Tianjin SASAC. Accordingly, in January an offer of sale has been published (Link 1, Link 2). The disclosure reveals that Tianjin Baili still holds 100% of the equity of Tianqi Meiya. It also reveals that Hawtai in fact had made some investments towards reconstruction and installation of a coating line and welding line for their A25 and B11 models.

[CCF mod]

New model:






https://product.360che.com/img/c2_s6...m60851_t0.html
https://product.360che.com/b_1304.html

By the way, their website is down again.

[dmitra]

Originally Posted by CCF mod

New model:

The cab section was previously used on the TM1021Q2W & TM1021Q2LW pickups about 5 years ago. Otherwise, the above are mechanically identical to the Xianghu (different grille and bumper) revealed last year; note that the NDRC codes are the same (TM1021Q3/L).

Same or similar pickups were on sale by Higer, Kama, Dongfeng, Hengtian, ZX Auto not long ago, and all of them flopped or were phased out. Makes one a little skeptical about the potential of these models in the marketplace, moreover Meiya might have lost all cred with the customer base in all these years when it had remained more or less idle.

[dmitra]

Here is some interesting info:

In September 2016, Hawtai Group established two new companies, Tianjin Meiya New Energy Automobile Co., Ltd. and Tianjin Meiya Automobile Manufacturing Co., Ltd. in Binhai New Area of Tianjin.

Tianjin Meiya Automobile Manufacturing Co., Ltd. is a 100% subsidiary of Tianjin Meiya New Energy Automobile Co., Ltd., and the latter, in turn, a 100% subsidiary of Hawtai Automobile Group Co., Ltd.

The name Tianjin Meiya Automobile Manufacturing Co., Ltd. is deceptively similar to Tianjin Tianqi Group Meiya Automobile Manufacturing Co., Ltd. ("Tianqi Meiya") which is owned by BENEFO. We did read some years ago about Hawtai taking over Tianqi Meiya assets but later it transpired that it did not happen. So why did Hawtai establish two companies with similar names in Tianjin in late 2016?

See their profiles:
Tianjin Tianqi Group Meiya Automobile Manufacturing Co., Ltd.
Tianjin Meiya New Energy Automobile Co., Ltd.
Tianjin Meiya Automobile Manufacturing Co., Ltd.

[Lawrence]

In view of the weak performance of the Benefo's Meiya described above, Hawtai may have planned a (hostile) takeover, as it did SG Automotive earlier. Of course the license of established companies like Tianqi Meiya, is coveted by many.
I was unable to open the websites, to view profiles.