DOCSLIB.ORG

Guide to Global Automotive Partnerships

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Guide to Global Automotive Partnerships Sponsored by GGuuiiddee ttoo gglloobbaall aauuttoommoottiivvee ppaarrttnneerrsshhiippss Data current as of September 2004 Full ownership Equity stakes Vehicle assembly alliances Technical/parts alliances BMW AG Owned by: JV: Contract assembly: •DaimlerChrysler - small gasoline engines, BMW AG •Mini •Quandt family - 46.6% •BMW Brilliance •Magna Steyr, Austria Brazil •Rolls-Royce Motor Cars Ltd. •Others - 53.4% Automotive Co., •MG Rover - diesel engines, UK China •PSA/Peugeot-Citroen - small gasoline engines •Toyota -diesel engines DaimlerChrysler AG Owns: Owned by: JV: Contract assembly: •BMW - small gasoline engines, Brazil •Chrysler group •McLaren Group - 40% •Deutsche Bank - 12% •Beijing Automotive •Karmann, Germany •Magna Steyr - powertrains, Austria DaimlerChrysler AG •Mercedes-Benz(Mercedes-Benz owns •Mitsubishi - 24.7% •Kuwait Investments - Industrial •Magna Steyr, Austria •Ssangyong - engines 100% of Maybach and Smart) 7% Holding Co., China •McLaren Group, UK •Others - 81% Dongfeng Motor Corp. Owns: JV: •Dongfeng Peugeot •Dongfeng Liuzhou Motor Co. Ltd. •Dongfeng Automobile Co. - 70% •Dongfeng Honda Citroen Automobile, Dongfeng Motor Corp. Automobile (Wuhan), China China •Dongfeng Yueda Kia •Dongfeng Motor Co., Automobile, China China Fiat S.p.A. Owns: Owned by: JV: •Suzuki, Hungary (2005) •General Motors - powertrains/purchasing, •Fiat Auto S.p.A. - 90% •Agnelli family - 30% •Nanjing Fiat - Yuejin •Tofas, Turkey Europe & South America (Fiat Auto owns 100% •Publicly held - 70% Motor Group, China Contract assembly: Fiat S.p.A. ofAlfa Romeo and •PSA - SEVEL, Italy, •Maggiora, Italy Lancia) France •Pininfarina, Italy •Ferrari - 56% (Ferrari •Renault - Teksid, Italy owns 100% of Maserati) First Automobile Works Group (FAW) Owns: JV: Automotive, China •FAW Car Co. Ltd. 64% •FAW Hainan •Tianjin FAW Toyota First Automobile •Changchun FAW Fengyue Auto Co. Ltd. Automotive, China Motor, China •FAW Huali (Tianjin) •Tianjin FAW Xiali Works Group (FAW) Motor, China Automobile, China •FAW-Volkswagen Ford Motor Co. Owns: Owned by: JV: Contract assembly: •Ford Otosan Engine, Turkey •Aston Martin •Mazda - 33.4% •Common stock - 60% •AutoAlliance, U.S. & •Ford Otosan, Turkey •Getrag - transaxles, France •Jaguar •Class B stock - 40% Thailand •Otokar, Turkey •Getrag - transmissions, Germany & UK Ford Motor Co. •Land Rover (family held) •Changan Ford, China •Pininfarina, Italy •MG Rover - engines •Volvo •Jiangling Motors •Santana, Spain •Nemak - aluminum, Canada Corp., China •Thai-Swedish •PSA - diesel engines Assembly,Thailand Fuji Heavy Industries Ltd. (Subaru) Owns: Owned by: Fuji Heavy Industries •Suzuki Motor - 1.1% •General Motors - 20% •Suzuki - 2.7% Ltd. (Subaru) •Others - 77.3% General Motors Owns: Owned by: JV: •Shanghai GM, China •Fiat - powertrains, purchasing, Europe & •Adam Opel AG •Fiat Auto S.p.A. - 10% •Shareholders - 100% •AvtoVAZ, Russia •Shanghai GM Dong Yue, South America •Holden Ltd. •Fuji Heavy Industries - •CAMI, Canada China •Honda - gasoline engines General Motors •Saab Automobile AB 20% •Delta Motor Corp. , S. Contract assembly: •Isuzu - powertrains •Vauxhall Motors Ltd. •GM Daewoo Auto & Africa •AM General, U.S. •Pan Asia Technical Automotive Center Technology Co. - 4.6% •Isuzu-GM Australia •Bertone, Italy •Shanghai GM Dong Yue Automotive - •Isuzu - 12% •Jinbei GM Automotive, •Heuliez, France powertrains, China •Suzuki Motor Corp. - China •Industries Mecaniques 20.3% •NUMMI, U.S. •Maghrebines, Tunisia •SAIC GM Wuling, China •Magna Steyr, Austria GM-DDaewoo Auto & Technology Owned by: •Shanghai Automotive JV: •Holden - engines GM-Daewoo Auto & •General Motors - 44.6% Industry Corp. - 10.6% •General Motors •VM Motori - engine design Technology •Suzuki - 14.9% •Creditors - 29.9% •Suzuki Motor Co. Honda Motor Co. Ltd. Owned by: JV: Automobile, China •General Motors - gasoline engines •Japan Trustee Services Bank - 7.1% •Bangchan General •Honda Atlas Cars Ltd., Honda Motor Co. Ltd. •Master Trust Bank of Japan - 4.9% Assembly, Thailand Pakistan •Others - 88% •Dongfeng Honda •Honda Automobile, Automobile, China China •Guangzhou Honda Hyundai Motor Co. Owns: Owned by: •DaimlerChrysler, Mitsubishi Motors - engines •Beijing Hyundai Motor - •Hyundai Mobis - 14.5% •VM Motori - engine design 50% •INI Steel - 5.3% Hyundai Motor Co. •Dongfeng Yueda Kia •Chung Mong Koo - Automobile - 50% 5.2% (Kia) •Others - 75% •Kia Motors Corp. -47.4% Mazda Motor Corp. Owned by: JV: Contract assembly: •Ford Motor Co. - 33.4% •AutoAlliance, U.S. & •Colombiana Mazda Motor Corp. •Japan Trustee Services Bank - 9.6% Thailand Automotriz, Colombia •Others - 57% •Suzuki Motor Corp. MG Rover Group Owned by: JV: •BMW - diesel engines •Qvale •Phoenix Venture Holdings - 100% (MG Rover •Tata, India •Ford - engines MG Rover Group dealers and employees - 60%; J. Towers, •Lotus - engines N. Stephenson,J. Edwards and P. Beale - 40%) •Shanghai Automotive Industry Corp. - development Mitsubishi Motors Corp. Owned by: JV: •Hunan Changfeng, •Netherlands Car B.V. (NedCar) •Phoenix Capital Assoc. - 33.3% •Beijing Automotive China Mitsubishi Motors •DaimlerChrysler - 24.7% Industrial Holding Co., •Proton •Mitsubishi Heavy Industries - 9.9% China Contract assembly: Corp. •Mitsubishi Corp. - 3.5% •DaimlerChrysler, China •Pininfarina, Italy •Others - 28.6% Nissan Motor Co. Ltd. Owns: Owned by: •Dongfeng Motor - 50% •Renault SA - 44.4% Nissan Motor Co. Ltd. •Renault SA - 15% •Japan Trustee Services •Zhengzhou Nissan Bank - 5.5% Automobile - 30% •Nissan (self owned)- 2.7% •Others - 47.4% Porsche AG Owned by: JV: Contract assembly: •Volkswagen - engines •Porsche and Piech families - 50% •Volkswagen, Slovakia •Valmet, Finland Porsche AG •Institutional investors - 30% •Public - 20% Renault SA Owns: Owned by: JV: Contract assembly: •Bursa - powertrains , Turkey •Dacia (99.3%) •Avtoframos - 62% •Public - 61.2% •Fiat/Teksid, Italy •Bursa, Turkey •Cofal - LCV engines, Brazil Renault SA •Nissan Motor Co.- •Nissan Motor Co. -15.0% •General Motors, Europe •IDRO, Iran •Isuzu - diesel engines 44.4% •Others - 23.8% •Nissan, Spain •SOFASA, Colombia •PSA - engines and transmissions •Samsung - 70.1% •Dongfeng, China •SOMACA, Morocco Shanghai Automotive Industry Corp. Owns: JV: China •MG Rover - development, UK •GM-Daewoo Auto & Technology - 10.6% •Jinbei GM Automotive, •Shanghai GM Dongyue Shanghai Automotive (SAIC) China Motors, China •SAIC GM Wuling •Shanghai Volkswagen Industry Corp. (SAIC) Automobile, China Automotive, China •Shanghai GM Corp., Suzuki Motor Corp. Owns: Owned by: JV: •Jiangxi Changhe Suzuki, •Fuji Heavy Ind. - 2.7% •GM - 20.3% •CAMI, Canada China Suzuki Motor Corp. •GM-Daewoo Auto & •Fuji Heavy Ind. - 1.1% •Chongqing Changan •Mazda, Japan Technology - 14.9% •Chase Manhattan Bank - Suzuki Automobile Co., •Mitsubishi, Japan •Maruti Udyog - 54.2% 8.1% China •Nissan, Japan •Others - 70.5% •Fiat, Hungary (2005) •Santana, Spain Toyota Motor Corp. Owns: •Toyota (self-owned) - 7.7% JV: •Tianjin FAW Toyota •BMW - diesel engines •Daihatsu Motors - 51.2% •Japan Trustee Services •Indus Motor, Pakistan Motor, China •FAW Toyota Changchun Engine, China Toyota Motor Corp. Owned by: Bank - 7.5% •Kuozui Motors , Taiwan •Toyota Peugeot Citroen •Guangqi Toyota Engine, China •Master Trust Bank of •Toyota Industries - 5.4% •NUMMI, U.S. Automobile, Czech •Tianjin Fenjin Auto Parts - components, China Japan - 7.8% •Others - 71.6% •Sichuan Toyota Motor, Republic •Tianjin Toyota Motor Engine, China China Volkswagen AG •Bentley Motors Ltd. Owned by: JV: •Audi AG (99.1%) •Bugatti •Institutional investors abroad - 34.1% •FAW-Volkswagen Automotive, China Volkswagen AG (Audi AG owns 100% of •Seat •Private shareholders - 33.1% •Ford, Portugal Lamborghini) •Skoda •State of Lower Saxony - 13.7% •Porsche, Slovakia •VW (self-owned) - 9.8% •Shanghai Volkswagen Automotive , China •Institutional investor in Germany - 9.3%.
Load more

Recommended publications
  • GIPE-119631-Contents.Pdf
    r----~ I }"T.w'~ • I OHIO . I .LIMA AIOlON • .MAJUON ---=- -=- s P 0 RTATIONr SERVANTS OF INDIA SOCIETY'S UBRARY, rOONA 4 CN X,0;5'~. 7'&)hNI:/.NL, Gf4 AcN II:>('31 Date of release for loan 2 5 F This book should be returned oil ~g"e the date last mentioned below. An overdue char~e of 5 paise will be levied for each day the book is kevt beyond 'his date. f, 8 OCT ,qq 28 OV 1993 -.P. BOOKS BY THE SAME AUTHOR THE IRON MAN IN INDUSTRY Atlantic lJ,fonthly Press, 1921 THE TELEPHONE IDEA Greenberg, Inc., 1926 JOHNSON OF THE MOHAWKS Macmillan Co., 1930 NATIVE STOCK Macmillan Co., 1931 THE PENNS OF PENNSYLVANIA Macmillan Co., 1931 THEY TOLD BARRON 1930, and MORE THEY TOLD BARRON 1931. The Notes of Clarence W. Ba"on, editor of THE WALL STREET JOURNAL. Co-editor with Samuel Taylor Moore. Harper & Brothers. MOUNTAIN MORNING Argus, Albany, 1932 AROUND THE CORNER Sears, 1933 MEDAL BY NORMAN BEL GEDDES. commemorating the twenty-fifth anniversary of General Motors THE TURNING WHEEL THE STORY OF GENERAL MOTORS THROUGH TWENTY-FIVE YEARS 1908-1933 By ARTHUR POUND Drawings by WILLIAM HEYER MCMXXXIV DOUBLEDAY, DORAN & COMPANY, INC. Gard~n City, NlW York PRINTED AT THE Country Lire~, Prus, GARDEN CITY , N ••Y , U. S. A. '19 G31 C:OPYaJGRT. 1914 BY DOUBLEDAY, DOllAR • COMPANY, INC. ALL "'GHTS RESERVED FIR8T EDITIOR Publisher's Note I T IS probable that no invention of such far-reaching im­ portance was ever diffused with such rapidity or so quickly exerted influences that ramified through the national culture, transforming even habits of thought and language." This quotation from the report of the Hoover Research Com­ mittee on Social Trends refers to the motor vehicle.
    [Show full text]
  • Annual Report 2006
    Overseas Manufacturing Companies (Plants that manufacture or assemble Toyota- or Lexus-brand vehicles and component manufacturers established by Toyota) North America Start of Voting rights Company name operations ratio* (%) Main products** Canada 1 Canadian Autoparts Toyota Inc. (CAPTIN) Feb. 1985 100.00 Aluminum wheels 2 Toyota Motor Manufacturing Canada Inc. (TMMC) Nov. 1988 100.00 Corolla, Matrix, RX330, engines U.S.A. 3 TABC, Inc. Nov. 1971 100.00 Catalytic converters, stamping parts, steering columns, engines 4 New United Motor Manufacturing, Inc. (NUMMI) Dec. 1984 50.00 Corolla, Tacoma 5 Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) May 1988 100.00 Avalon, Camry, Camry Solara, engines 6 Bodine Aluminum, Inc. Jan. 1993 100.00 Aluminum castings 7 Toyota Motor Manufacturing, West Virginia, Inc. (TMMWV) Nov. 1998 100.00 Engines, transmissions 8 Toyota Motor Manufacturing, Indiana, Inc. (TMMI) Feb. 1999 100.00 Tundra, Sequoia, Sienna 9 Toyota Motor Manufacturing, Alabama, Inc. (TMMAL) Apr. 2003 100.00 Engines 0 Toyota Motor Manufacturing, Texas, Inc. (TMMTX) (planned) 2006 100.00 Tundra Mexico - Toyota Motor Manufacturing de Baja California Sep. 2004 100.00 Truck beds, Tacoma S.de R.L.de.C.V (TMMBC) Central and South America Start of Voting rights Company name operations ratio* (%) Main products** Argentina = Toyota Argentina S.A. (TASA) Mar. 1997 100.00 Hilux, Fortuner (SW4) Brazil q Toyota do Brasil Ltda. May 1959 100.00 Corolla Colombia w Sociedad de Fabricacion de Automotores S.A. Mar. 1992 28.00 Land Cruiser Prado Venezuela e Toyota de Venezuela Compania Anonima (TDV) Nov. 1981 90.00 Corolla, Dyna, Land Cruiser, Terios***, Hilux Europe Start of Voting rights Company name operations ratio* (%) Main products** Czech Republic r Toyota Peugeot Citroën Automobile Czech, s.r.o.
    [Show full text]
  • KOC SS RAPORU 08 Buke.Fh11
    Corporate Social Responsibility Report 2008 Contents 02 Message from the Chairman Message from the CEO of the Ko Group 04 06 Scope of the Report Values of the Ko Group 07 08 Creating Value at Ko R&D and Innovation at Ko 10 18 Social Responsibility at Ko Group Respect for Human Rights at Ko Group 32 38 Working Environment at Ko Group Environmentally-Friendly Practices of Ko Group 50 66 Ethical Values at Ko The Global Compact 69 THE KO GROUP 01 CORPORATE SOCIAL RESPONSIBILITY REPORT 2008 We, Ko Group, with all our people, aspire to ensure customer satisfaction and sound growth by providing products and services of universal quality and standards. We are committed to being a symbol of trust, continuity and esteem for our country, customers, shareholders, dealers, and suppliers. Message from the Chairman We regard corporate social responsibility as an indispensible part of our business approach, in line with the conscience transmitted to us by the late Vehbi Ko. Distinguished Shareholders, In the era of globalization, even though there are still humanity, the coming generations, and for ourselves as geographic boundaries, economic boundaries no longer well. exist. Developments in one country affect another country on the other side of the world with unprecedented speed. During this difficult crisis period that, we, the Ko Group, The latest example is the financial crisis originating in the continue to be a driving force forwards economic U.S.A. and causing turbulence in all economies around development with domestic investments, steps towards the world in a very short time. developing new sectors of production, and our globally known brands.
    [Show full text]
  • Document Type Communiqué De Presse Groupe
    PRESS RELEASE #RenaultResults REVENUES OF €11.3 BILLION IN THE THIRD QUARTER OF 2019 • Group revenues reached €11,296 million (-1.6%) in the quarter. At constant exchange rates and perimeter1, the decrease would have been -1.4%. • The Group sold 852,198 vehicles in the quarter, down -4.4% in a global market down -3.2%2. Excluding Iran, the decrease would have been -1.8% in a market down -2.3%. • The Group is pursuing its pricing policy in the third quarter. Boulogne-Billancourt, 10/25/2019 COMMERCIAL RESULTS: THIRD QUARTER HIGHLIGHTS In the third quarter, Groupe Renault sold 852,198 vehicles, down -4.4% in a market that fell by -3.2%. Excluding Iran, the decrease would have been -1.8% in a market down -2.3%. In Europe, the Group recorded a -3.4% decline in sales in a market up +2.4%. This decrease is partly due to a high comparison basis related to the introduction of the WLTP3 for passenger cars in September 2018 and the awaiting of the full availability of New Clio in Europe. In regions outside Europe, the Group over-performed the market. In a market down -6.2%, the Group recorded a -5.4% decrease in sales, mainly due to the decline in markets in Turkey (-21.7%), Argentina (-30.0%), and the end of sales in Iran since August 2018 (23,649 vehicles sold in the third quarter 2018). Excluding Iran, sales would have been down -0.3%. 1 In order to analyze the change in consolidated revenues at constant perimeter and exchange rates, Groupe Renault recalculates revenues for the current year by applying the average annual exchange rates of the previous year, and excluding significant changes in perimeter that occurred during the year.
    [Show full text]
  • P 01.Qxd 6/30/2005 2:00 PM Page 1
    p 01.qxd 6/30/2005 2:00 PM Page 1 June 27, 2005 © 2005 Crain Communications GmbH. All rights reserved. €14.95; or equivalent 20052005 GlobalGlobal MarketMarket DataData BookBook Global Vehicle Production and Sales Regional Vehicle Production and Sales History and Forecast Regional Vehicle Production and Sales by Model Regional Assembly Plant Maps Top 100 Global Suppliers Contents Global vehicle production and sales...............................................4-8 2005 Western Europe production and sales..........................................10-18 North America production and sales..........................................19-29 Global Japan production and sales .............30-37 India production and sales ..............39-40 Korea production and sales .............39-40 China production and sales..............39-40 Market Australia production and sales..........................................39-40 Argentina production and sales.............45 Brazil production and sales ....................45 Data Book Top 100 global suppliers...................46-50 Mary Raetz Anne Wright Curtis Dorota Kowalski, Debi Domby Senior Statistician Global Market Data Book Editor Researchers [email protected] [email protected] [email protected], [email protected] Paul McVeigh, News Editor e-mail: [email protected] Irina Heiligensetzer, Production/Sales Support Tel: (49) 8153 907503 CZECH REPUBLIC: Lyle Frink, Tel: (49) 8153 907521 Fax: (49) 8153 907425 e-mail: [email protected] Tel: (420) 606-486729 e-mail: [email protected] Georgia Bootiman, Production Editor e-mail: [email protected] USA: 1155 Gratiot Avenue, Detroit, MI 48207 Tel: (49) 8153 907511 SPAIN, PORTUGAL: Paulo Soares de Oliveira, Tony Merpi, Group Advertising Director e-mail: [email protected] Tel: (35) 1919-767-459 Larry Schlagheck, US Advertising Director www.automotivenewseurope.com Douglas A. Bolduc, Reporter e-mail: [email protected] Tel: (1) 313 446-6030 Fax: (1) 313 446-8030 Tel: (49) 8153 907504 Keith E.
    [Show full text]
  • Chapter 2 China's Cars and Parts
    Chapter 2 China’s cars and parts: development of an industry and strategic focus on Europe Peter Pawlicki and Siqi Luo 1. Introduction Initially, Chinese investments – across all industries in Europe – especially acquisitions of European companies were discussed in a relatively negative way. Politicians, trade unionists and workers, as well as industry representatives feared the sell-off and the subsequent rapid drainage of industrial capabilities – both manufacturing and R&D expertise – and with this a loss of jobs. However, with time, coverage of Chinese investments has changed due to good experiences with the new investors, as well as the sheer number of investments. Europe saw the first major wave of Chinese investments right after the financial crisis in 2008–2009 driven by the low share prices of European companies and general economic decline. However, Chinese investments worldwide as well as in Europe have not declined since, but have been growing and their strategic character strengthening. Chinese investors acquiring European companies are neither new nor exceptional anymore and acquired companies have already gained some experience with Chinese investors. The European automotive industry remains one of the most important investment targets for Chinese companies. As in Europe the automotive industry in China is one of the major pillars of its industry and its recent industrial upgrading dynamics. Many of China’s central industrial policy strategies – Sino-foreign joint ventures and trading market for technologies – have been established with the aim of developing an indigenous car industry with Chinese car OEMs. These instruments have also been transferred to other industries, such as telecommunications equipment.
    [Show full text]
  • Fulbright-Hays Seminars Abroad Automobility in China Dr. Toni Marzotto
    Fulbright-Hays Seminars Abroad Automobility in China Dr. Toni Marzotto “The mountains are high and the emperor is far away.” (Chinese Proverb)1 Title: The Rise of China's Auto Industry: Automobility with Chinese Characteristics Curriculum Project: The project is part of an interdisciplinary course taught in the Political Science Department entitled: The Machine that Changed the World: Automobility in an Age of Scarcity. This course looks at the effects of mass motorization in the United States and compares it with other countries. I am teaching the course this fall; my syllabus contains a section on Chinese Innovations and other global issues. This project will be used to expand this section. Grade Level: Undergraduate students in any major. This course is part of Towson University’s new Core Curriculum approved in 2011. My focus in this course is getting students to consider how automobiles foster the development of a built environment that comes to affect all aspects of life whether in the U.S., China or any country with a car culture. How much of our life is influenced by the automobile? We are what we drive! Objectives and Student Outcomes: My objective in teaching this interdisciplinary course is to provide students with an understanding of how the invention of the automobile in the 1890’s has come to dominate the world in which we live. Today an increasing number of individuals, across the globe, depend on the automobile for many activities. Although the United States was the first country to embrace mass motorization (there are more cars per 1000 inhabitants in the United States than in any other country in the world), other countries are catching up.
    [Show full text]
  • 96 Pagine Interne Layout 1 16/05/11 12:59 Pagina 3 96 Pagine Interne Layout 1 16/05/11 12:59 Pagina 4
    96 pagine interne_Layout 1 16/05/11 12:59 Pagina 3 96 pagine interne_Layout 1 16/05/11 12:59 Pagina 4 ASSOCIAZIONE NAZIONALE INDUSTRIE CINEMATOGRAFICHE AUDIOVISIVE E MULTIMEDIALI - LA PRODUZIONE ITALIANA 2010 LA PRODUZIONE ITALIANA 2010 THE ITALIAN PRODUCTION Edito da ANICA I film compresi nel catalogo sono Associazione Nazionale Industrie lungometraggi di produzione italiana forniti Cinematografiche Audiovisive e Multimediali di visto censura nell’anno 2010 In collaborazione con il cast e crediti non contrattuali Ministero per i Beni e le Attività Culturali Direzione Generale per il Cinema ANICA Viale Regina Margherita, 286 A cura dell’Ufficio Stampa ANICA 00198 Roma (Italia) Tel. +39 06 4425961 Coordinatore Editoriale Fax +39 06 4404128 Paolo Di Reda email: [email protected] Elaborazioni Informatiche Elenco Inserzionisti Gennaro Bruni Alberto Grimaldi Productions p. XVII con la collaborazione di Cinetecnica 73 Romina Coppolecchia Eurolab 74 Kodak 75 Redazione e reperimento dati Medusa 76 Claudia Bonomo Panalight XXI Antonio Dell’Erario Sound Art V Technicolor II-III Progetto Grafico e impaginazione Una vita per il cinema 72 Selegrafica‘80 s.r.l. Stampa Selegrafica‘80 s.r.l. - Guidonia (Rm) www.selegrafica.it [email protected] Concessionaria esclusiva della pubblicità Fotolito e impianti Via Tor dè Schiavi, 355 - 00171 Roma Composit s.r.l. - Guidonia (Roma) Tel. 06 89015166 - fax. 06 89015167 [email protected] [email protected] - www.apsadvertising.it Le schede complete della produzione italiana 2010 sono consultabili al sito www.anica.it IV 96 pagine interne_Layout 1 16/05/11 12:59 Pagina 5 ità 7 g.it 96 pagine interne_Layout 1 16/05/11 12:59 Pagina 6 ASSOCIAZIONE NAZIONALE INDUSTRIE CINEMATOGRAFICHE AUDIOVISIVE E MULTIMEDIALI - LA PRODUZIONE ITALIANA 2010 ELENCO REGISTI LIST OF DIRECTORS A D I Adriatico, Andrea pag.
    [Show full text]
  • Main Heading Goes Here
    Karsan Turkey / equity / automotive Turnaround story begins in 2015 May 21, 2014 Turning into an OEM producer from contract auto manufacturer. Karsan has been MARKET OUTPERFORMER producing commercial vehicles for the world’s leading brands such as Peugeot, Renault (initiated) and Hyundai through its flexible manufacturing facilities. However, it has been suffering KARSN.IS KARSN TI from being a contract manufacturer as the profitability is very low for contract manufacturers. Eventually, Karsan has decided to become an OEM producer, producing Stock Data its own products rather than being a contract manufacturer, and taken some steps (such Current Price (TL) 1.16 as; Hyundai deal, expiry of PSA and Renault agreements, enrichment of product mix 12M Target Price (TL) 1.60 with own brands and establishing a JV with Chinese producer) to improve its profitability Upside potential 38% and balance sheet, which will start paying off in 2015. Current Mcap (TLmn) 534 Hyundai deal to ignite turnaround. Karsan signed an agreement with Hyundai Motor Free Float (FF) 34.35% Company (HMC) for the production of more than 200k light commercial vehicles FF. Mcap (TLmn) 183 between 2014-2021. According to our calculation, Karsan will generate more than TL1bn Foreign Share in FF 3.26% Report priced as of May 20, 2014 revenue from (protected by take-or pay clause) Hyundai vehicle sales in 2015 (2014E top-line: TL537mn), totaling c.TL15.7bn between 2014-2021. Relative Performance to BIST-100 Strong growth in P&L is on the way. Deriving strength from Hyundai project, 1m 3m 6m 12m profitable BredaMenarinibus sales and upcoming new product launches, we expect the 10% 5% 8% 31% company to post substantial growth in P&L as we expect revenues, EBITDA and net Avg.
    [Show full text]
  • AVTOVAZ Call with Financial Analysts
    AVTOVAZ Call with Financial Analysts Nicolas MAURE / Dr. Stefan MAUERER CEO / CFO 16.01.2017 Disclaimer Information contained within this document may contain forward looking statements. Although the Company considers that such information and statements are based on reasonable assumptions taken on the date of this report, due to their nature, they can be risky and uncertain and can lead to a difference between the exact figures and those given or deduced from said information and statements. PJSC AVTOVAZ does not undertake to provide updates or revisions, should any new statements and information be available, should any new specific events occur or for any other reason. PJSC AVTOVAZ makes no representation, declaration or warranty as regards the accuracy, sufficiency, adequacy, effectiveness and genuineness of any statements and information contained in this report. Further information on PJSC AVTOVAZ can be found on AVTOVAZ’s web sites (www.lada.ru/en and http://info.avtovaz.ru). AVTOVAZ Call with Financial Analysts 16.01.2017 2 AVTOVAZ Overview Moscow International Automobile Salon 2016 AVTOVAZ 50-years History 1966/1970 VAZ 2101 2016 LADA XRAY AVTOVAZ Call with Financial Analysts 16.01.2017 4 AVTOVAZ Group: Key information 408 467 Cars & KDs produced 20.1% MOSCOW AVTOVAZ 331 Representative office sales points 30 IZHEVSK LADA-Izhevsk countries TOGLIATTI plant AVTOVAZ Head-office & 2015: 176.5 B-Rub (2.6 B-Euro) Togliatti plants 2016: estimated T/O > 2015 51 527 p. AVTOVAZ Call with Financial Analysts 16.01.2017 5 LADA product portfolio
    [Show full text]
  • Dongfeng Motor (489.HK) – Initiation of Coverage 10 January 2013
    Dongfeng Motor (489.HK) – Initiation of Coverage 10 January 2013 Dongfeng Motor (489.HK) Automobile Sector 10 January 2013 Research Idea: Moving Up the Gears Target Price HK$15.00 We rate Dongfeng Motor (DFG) a Buy with 12-month target price of 12m Rating Buy HK$15.00. Its sales have dropped since Q3 2012 amid Sino-Japan tensions, 16% upside but we expect a recovery to pre-protest levels in Q1 2013 and growth to DFG – Price Chart (HK$) persist backed by a strong brand lineup. As one of the nation’s leading 22 Bull, HK$20.90 20 automakers, DFG is a good proxy for a secular sector growth story. 18 16 Base, HK$15.00 Three reasons to Buy: 14 12 10 . Sino-Japanese tensions have eased. DF Honda’s sales rebounded to 8 pre-protest levels while DF Nissan’s rebounded to 80% of pre-protest 6 Bear, HK$6.40 Jan12 May12 Sep12 Jan13 May13 Sep13 Jan14 levels in December, well above expectations. Consumer concerns about damage to vehicles should be offset by Sino-Japan auto JVs Price (HK$) 12.96 guaranteeing to repair damage caused during the recent unrest. We Mkt cap – HK$m (US$m) 112,354 (14,494) expect DFG’s sales volume growth to rebound from down 0.8% to +11% in FY13. Free float – % (H-share) 100.00 3M avg. t/o– HK$m (US$m) 299.5 (38.6) . Strong brand lineup can facilitate market-share gains. DFG has Major shareholder (%) three JVs and a comprehensive range of well-received models, which should help minimize sales fluctuations.
    [Show full text]
  • 2016 Annual Report
    東風汽車集團股份有限公司 DONGFENG MOTOR GROUP COMPANY LIMITED Stock Code: 489 2016 Annual Report * For identification purposes only Contents Corporate Profile 2 Chairman’s Statement 3 Report of Directors 7 Management Discussion and Analysis 42 Profiles of Directors, Supervisors and Senior Management 51 Report of the Supervisory Committee 59 Corporate Governance Report 61 Independent Auditor’s Report 84 Consolidated Income Statement 91 Consolidated Statement of Comprehensive Income 92 Consolidated Statement of Financial Position 93 Consolidated Statement of Changes in Equity 95 Consolidated Statement of Cash Flows 97 Notes to the Financial Statements 100 Five Year Financial Summary 189 Corporate Information 191 Notice of Annual General Meeting and Relating Information 192 Definitions 208 Corporate Profile Dongfeng Peugeot Citroën Sales Co., Ltd. Dongfeng Peugeot Citroën Auto Finance Co., Ltd. Dongfeng (Wuhan) Engineering Consulting Co., Ltd. Dongfeng Motor Investment (Shanghai) Co., Ltd. Dongfeng Off-road Vehicle Co., Ltd. Dongfeng Motor Co., Ltd. Dongfeng Nissan Auto Finance Co., Ltd. China Dongfeng Motor Industry Import & Export Co., Ltd. Limited Dongfeng Motor Finance Co.,Ltd. Dongfeng Getrag Automobile Transmission Co., Ltd. Dongfeng Renault Automobile Co., Ltd. Dongfeng Liu Zhou Motor Co., Ltd. Dongvo (Hangzhou) Truck Co., Ltd. Honda Motor (China ) Investment Co.,Ltd. Motor Group Company Dongfeng Honda Auto Parts Co., Ltd. ), the predecessor of Dongfeng Motor Corporation and the parent of the the parent of Corporation and of Dongfeng Motor the predecessor ), Dongfeng Honda Engine Co., Ltd. Dongfeng Honda Automobile Co., Ltd. Dongfeng Dongfeng Peugeot Citroën Automobile Co., Ltd. Dongfeng Commercial Vehicle Co., Ltd. Dongfeng Electrical Vehicle Co., Ltd. 第二汽車製造廠 Dongfeng Special Purpose Commercial Vehicle Co., Ltd.
    [Show full text]