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Qoros

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2017

    Production halted after Baoneng takeover, wage arrears referred to police, and bankruptcy followed

    Qoros Auto lost a cumulative RMB 6.6 billion from 2014 to 2016; after Baoneng acquired a 51% stake in 2017, sales continued to decline, output was zero in July 2021, and wage arrears, social insurance payment stoppages, layoffs and factory shutdowns emerged. In 2022, about RMB 10 million in wage arrears was referred to police. Assets were seized and auctioned, and the company ultimately went bankrupt.

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