Jan. 1--31, 2009 NO

Total Page:16

File Type:pdf, Size:1020Kb

Jan. 1--31, 2009 NO Jan. 1--31, 2009 NO. 122 chinadaily.com.cn All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of chinadaily.com.cn. AAUTUTOCHINOCHINAA CONTENTS OVERSEAS BULLETIN Yulon may team up with Geely to sell cheap cars.................................................................................................... 1 GM uses Chinese success to reinvent LaCrosse .................................................................................................... 1 Chrysler stops making 300C, Sebring in China ........................................................................................................ 1 Miles Automotive aims big with China outsourcing .................................................................................................. 1 Neoplan wins lawsuit over design rip-off ................................................................................................................. 2 NEW MODELS Brilliance launches 2 new sedan models ................................................................................................................ 3 New Mini Cooper convertible to make China debut ................................................................................................. 3 Youngman Auto to roll out all-new SUV ................................................................................................................... 3 Sinotruk launches HOWO-A7 heavy truck ............................................................................................................... 3 Porsche Panamera to make world debut in China ................................................................................................... 3 Dongfeng Peugeot to add 4 new models by 2010 ................................................................................................... 4 Hafei Saibao electric car to sell in US ..................................................................................................................... 4 Dongfeng to launch 2 new sedan models ................................................................................................................ 4 Great Wall Motor to launch 10 new vehicles in 2009 ................................................................................................. 4 Jianghuai to roll out 2 all-new car models ................................................................................................................ 5 Hyundai’s new limo to reach China ....................................................................................................................... 5 Lexus GS450h hybrid sedan comes to China .......................................................................................................... 5 New BMW Z4 to go on sale in China ........................................................................................................................ 5 ’09 Roewe 750 sedan to go on sale in February ................................................................................................... 6 PRICE & SALES Car buyers waiting for proposed tax cut ................................................................................................................... 7 Lack of financing puts majority of dealers in red ...................................................................................................... 7 China’s auto prices continue to fall in Dec 2008 ..................................................................................................... 7 FAW-Volkswagen abandons direct selling ............................................................................................................. 8 Auto sales incentives warm up car market............................................................................................................... 8 AUTO EVENTS Dongfeng Motor sets up Wuhan plant ..................................................................................................................... 9 AVIC invests in Liuzhou special vehicle maker ........................................................................................................ 9 Geely aims to drive up sales by 25% in 2009 .......................................................................................................... 9 Chery holds high hopes for US market .................................................................................................................... 9 SAIC injects $19.69m into Ssangyong Motor...........................................................................................................10 Beiqi Foton, Daimler to form $929m truck JV...........................................................................................................10 Changan Auto has new president ...........................................................................................................................10 Beijing Hyundai says no slowdown in production ...................................................................................................10 BYD to sell expensive cars in US ...........................................................................................................................10 SAIC-GM-Wuling to sell 700,000 vehicles in 2009 ...................................................................................................11 Chery to add 3 new brands .....................................................................................................................................11 Brilliance focuses on growth in China, Europe ........................................................................................................12 chinadaily.com.cnchinadaily.com.cn Jan.01-Jan.31,2009 CONTENTS AAUTUTOCHINOCHINAA Beijing Auto in talks to buy Chery technologies ......................................................................................................12 Dongfeng Honda aims to sell more in 2009 ............................................................................................................12 Dongfeng, Nissan invest more in Zhengzhou plant .................................................................................................12 Brilliance delays auto exports to US.......................................................................................................................13 SAIC not fazed by Ssangyong imbroglio ................................................................................................................13 Changan launches cars in Malaysia.......................................................................................................................13 AVIC to form auto firm .............................................................................................................................................14 Lifan to sell autos in Manila .....................................................................................................................................14 BYD may license electric vehicle battery to other firms ..........................................................................................14 Dongfeng cuts 2009 sales target ............................................................................................................................14 BMW Brilliance starts capacity expansion..............................................................................................................14 Changan Auto warns of big fall in ’08 net profit ......................................................................................................15 China’s CIMC plans $59m truck venture ................................................................................................................15 PARTS & COMPONENTS Delphi China plant to stop operation .......................................................................................................................16 Perkins Engines starts production at Wuxi plant .....................................................................................................16 Tire makers cut expansion plans as market slows .................................................................................................16 FAW-Volkswagen to use China-made DSG ...........................................................................................................16 SKF to supply Fuwa with trailer axle seals ..............................................................................................................17 R&D investment to help parts makers tide over crisis ............................................................................................17 China produces 350 million auto tires in 2008 .........................................................................................................17 WABCO releases new AMT in China......................................................................................................................18 Argentina puts anti-dumping duty on China parts ....................................................................................................18 Ford to set up auto sales company in Jiangsu .......................................................................................................18 Dongfeng, Freescale team up in auto electronics ..................................................................................................18
Recommended publications
  • Management2.0
    China Auto Monthly Report – Feb 2009 China Auto Monthly Report is a monthly English review co- operated by Chinadaily.com.cn and ResearchInChina.com. It features the latest events, statistics and analyses from the Chinese automobile market. With China Auto Monthly Report, you'll discover the monthly and quarterly outputs and sales of China's automakers, latest price quotes, and consumer survey results and information on projects investment. Table of content • Overseas Bulletin • Honda to boost China output capacity by 23% • GM to form JV with Harbin Light Truck Factory • Hyundai, Kia bank on China • Ford moving Asia Pacific headquarters to China • Subaru aims to lift China sales by 30% • Fiat's new Chinese ventures awaiting approval • GM talking with FAW on commercial vehicle partnership • Ssangyong bankruptcy protection ends SAIC control • Toyota aims to boost China sales by 20% in 2009 • Volkswagen China keeps strong investment • Nissan eyes 4.6% rise in China car sales in 2009 • GM denies plan to sell stakes in China venture • GM not to change its China operations • Chrysler denies Chinese purchase talks • Volkswagen aims to double sales to 2m by 2018 •New Models • Nissan GT-R car to sell in China for 1m yuan • BYD to launch first MPV model in 2009 • GM to launch 5 more models in China by 2011 • Luxury Hyundai Equus to drive to China in September • FAW to launch all-new Hongqi limo HQE in 2009 • Shanghai Volkswagen to launch revamped Passat in Q2 • GAC Toyota releases 2009 Camry • Chery to release luxury Riich brand in March • Dongfeng
    [Show full text]
  • Chongqing Changan Automobile Company Limited 2019 Semi-Annual Report
    Chongqing Changan Automobile Company Limited 2019 Semi-annual Report Chongqing Changan Automobile Company Limited 2019 Semi-annual Report August 2019 Chongqing Changan Automobile Company Limited 2019 Semi-annual Report Chapter 1 Important Notice, Contents, and Definitions The Board of Directors, the Board of Supervisors, Directors, Supervisors and Senior Executives of the company hereby guarantee that no false or misleading statement or major omission was made to the materials in this report and that they will assume all the responsibilities, individually and jointly, for the trueness, accuracy and completeness of the contents of this report. All the directors attended the board meeting for reviewing the semi-annual report. For the first half of 2019, the Company has no plans of cash dividend, no bonus shares and no share converted from capital reserve. The Chairman of the Board Zhang Baolin, the Chief Financial Officer Zhang Deyong and the responsible person of the accounting institution (Accountant in charge) Chen Jianfeng hereby declare that the Financial Statements enclosed in this annual report are true, accurate and complete. The prospective description regarding future business plan and development strategy in this report does not constitute virtual commitment. The investors shall pay attention to the risk. The report shall be presented in both Chinese and English, and should there be any conflicting understanding of the text, the Chinese version shall prevail. 1 Chongqing Changan Automobile Company Limited 2019 Semi-annual Report CONTENTS Chapter 1 Important Notice, Contents, and Definitions ............................................. 1 Chapter 2 Company Profile & Main Financial Indexes ............................................. 4 Chapter 3 Analysis of Main Business ........................................................................ 8 Chapter 4 Business Discussion and Analysis ..........................................................
    [Show full text]
  • Chongqing Changan Automobile Company Limited 2016 Semi-Annual Report
    Chongqing Changan Automobile Company Limited 2016 Semi-annual Report 1 Chongqing Changan Automobile Company Limited 2016 Semi-annual Report August 2016 Chongqing Changan Automobile Company Limited 2016 Semi-annual Report I.Important directory and interpretation The Board of Directors, the Board of Supervisors, Directors, Supervisors and Senior Executives of the Company hereby guarantee that the information contained in the report is free of false records, misguiding statements or significant omissions, and assume individual and joint liabilities for the truthfulness, accuracy and integrity of the report. All the directors attended the board meeting for reviewing the semi-annual report. For the first half of the year, the Company has no plans of cash dividend, no bonus shares and no share converted from capital reserve. Chairman of the Board Mr. Xu Liuping, the Chief of Financial officer Wang Kun, and the Chief of Accountant department Mr. Hua Zhanbiao hereby declare that the financial statements enclosed in this semi-annual report are true, accurate and complete. The report shall be presented in both Chinese and English, and should there be any conflicting understanding of the text, the Chinese version shall prevail. 1 Chongqing Changan Automobile Company Limited 2016 Semi-annual Report Contents I Important notes, contents and definitions General introduction to the Company II III Accounting data and summary of financial indexes IV Report by Board of Directors Important Issues V Change in shares and information about VI shareholders Information on directors, supervisors, senior VII executives and staffs Financial Statements VIII IX Document for future reference 2 Chongqing Changan Automobile Company Limited 2016 Semi-annual Report Definition ITEM Definition Changan Auto., the Refers to Chongqing Changan Automobile Company Limited Company South Industries Refers to China South Industries Group Corp.
    [Show full text]
  • China Heavy Truck Industry Report, 2019-2025
    China Heavy Truck Industry Report, 2019-2025 Aug. 2019 STUDY GOAL AND OBJECTIVES METHODOLOGY This report provides the industry executives with strategically significant Both primary and secondary research methodologies were used competitor information, analysis, insight and projection on the in preparing this study. Initially, a comprehensive and exhaustive competitive pattern and key companies in the industry, crucial to the search of the literature on this industry was conducted. These development and implementation of effective business, marketing and sources included related books and journals, trade literature, R&D programs. marketing literature, other product/promotional literature, annual reports, security analyst reports, and other publications. REPORT OBJECTIVES Subsequently, telephone interviews or email correspondence To establish a comprehensive, factual, annually updated and cost- was conducted with marketing executives etc. Other sources effective information base on market size, competition patterns, included related magazines, academics, and consulting market segments, goals and strategies of the leading players in the companies. market, reviews and forecasts. To assist potential market entrants in evaluating prospective INFORMATION SOURCES acquisition and joint venture candidates. The primary information sources include Company Reports, To complement the organizations’ internal competitor information and National Bureau of Statistics of China etc. gathering efforts with strategic analysis, data interpretation and insight.
    [Show full text]
  • United! but Stronger?
    A publication from March 2012 Volume 01 | Issue 01 global europe.autonews.com/globalmonthly monthly Your source for everything automotive. United! But stronger? Why PSA and GM think their alliance will revive their Hands: © Joachim Wendler - Fotolia.com - Fotolia.com Wendler Hands: © Joachim Balazh - Fotolia.com Globus: © Anton © 2012 crain communications inc. all rights reserved struggling European operations VW production head Macht March 2012 A publication from global monthly dAtA Volume 01 | Issue 01 pushes factories to new limits Peugeot looks WESTERN EUROPE SALES BY MODEL, 9 MONTHSfor sales liftbrought to you courtesy of www.jato.com from 308 January 2012 9 months 9 months Unit Percent 9 months 9 months Unit Percent 2011 2010 change change 2011 2010 change change European sales Scenic/Grand Scenic ......... 116,475 137,093 –20,618 –15% A1 ................................. 73,394 6,307 +67,087 – Espace/Grand Espace ...... 12,656 12,340 +316 3% A3/S3/RS3 ..................... 107,684 135,284 –27,600 –20% Koleos ........................... 11,474 9,386 +2,088 22% A4/S4/RS4 ..................... 120,301 133,366 –13,065 –10% data from JATO Kangoo ......................... 24,693 27,159 –2,466 –9% A6/S6/RS6/Allroad ......... 56,012 51,950 +4,062 8% Trafic ............................. 8,142 7,057 +1,085 15% A7 ................................. 14,475 220 +14,255 – Other ............................ 592 1,075 –483 –45% A8/S8 ............................ 6,985 5,549 +1,436 26% Total Renault brand ........ 747,129 832,216 –85,087 –10% TT .................................. 14,401 13,435 +966 7% RENAULT ........................ 898,644 994,894 –96,250 –10% A5/S5/RS5 ..................... 54,387 59,925 –5,538 –9% RENAULT-NISSAN ...........
    [Show full text]
  • Chongqing Changan Automobile Company Limited 2015 Annual
    Chongqing Changan Automobile Company Limited 2015 Annual Report April,2016 Chapter 1 Important Notice, Contents, and Definitions The Board of Directors, the Board of Supervisors, Directors, Supervisors and Senior Executives of our company hereby guarantee that no false or misleading statement or major omission was made to the materials in this report and that they will assume all the responsibilities, individually and jointly, for the trueness, accuracy and completeness of the contents of this report. Chairman of the Board Xu Liuping, the Chief Financial Officer Wang Kun and the responsible person of the accounting institution (Accountant in charge) Hua Zhanbiao hereby declare that the Financial Statements enclosed in this annual report are true, accurate and complete. All directors attended the board meeting for reviewing the annual report. The prospective description regarding future business plan and development strategy in this report does not constitute virtual commitment. The investors shall pay attention to the risk. The preplan profit distribution of the Company deliberated and approved by the Board is: taking the total shares as of Dec. 31, 2015 as the radix, sending cash dividends of RMB 6.4Yuan (tax included) per every 10 shares to all shareholders, and not converting capital reserve into share capital. 1 CONTENTS Chapter 1 Important Notice, Contents, and Definitions ............................................. 1 Chapter 2 Company Profile & Main Financial Indexes ............................................. 5 Chapter 3 Analysis
    [Show full text]
  • History of Mazda
    HISTORY OF MAZDA Since its establishment in January 1920, Mazda has continued to embody the spirit of “never stop challenging” and worked to provide products and services that delight customers. In 2020, the Company will reach the 100th anniversary of its establishment. The following section provides an overview of Mazda’s history. Corporate Products * Launching date is based on the Japanese market. Jan. 1920 Toyo Cork Kogyo Co., Ltd., is founded Oct.1931 May 1960 Sep. 1927 Company name changed to Toyo Kogyo Co., Ltd. Production of 3-wheel truck Introduction of “R360 Coupe,” “Mazda-go DA model,” Mazda’s first Mazda’s first passenger car Sep. 1930 New plant is constructed in Hiroshima (Aki-gun, Fuchu-cho) automobile, begins Jul. 1961 Enters into technical cooperation with NSU / Wankel on rotary engines May 1965 Miyoshi Proving Ground is completed Nov. 1966 Operations at new passenger car plant (Ujina) in Hiroshima are started Nov. 1979 Ford Motor Company and Mazda enter into a capital tie-up Dec. 1981 Operations at Hofu Transmission Plant (Nakanoseki District) are started Sep. 1982 Operations at Hofu Plant (Nishinoura District) are started May 1984 Company is renamed Mazda Motor Corporation Jan. 1985 Mazda Motor Manufacturing (USA) Corporation (MMUC), later called AutoAlliance International (AAI), is established Oct.1963 May 1967 (Ended Mazda6 production in August 2012) Introduction of the first “Familia” Introduction of the “Cosmo Sports (110S),” Mazda’s first rotary engine Nov. 1995 Mazda and Ford jointly establish AutoAlliance (Thailand) Company vehicle Limited (AAT), a joint venture production company May 1996 Ratio of Ford’s ownership of Mazda stock is increased from 25% to 33.4% Oct.
    [Show full text]
  • 2014 China Auto Finance Report Emerging Auto Financial Services
    2014 China Auto Finance Report Emerging Auto Financial Services Deloitte Automotive Service January 2014 Introduction This report, built on the China Auto Finance Report released in December 2012, examines new yet popular approaches to innovation initiatives and efficient financial services in the auto industry, and gives an overview of the industry’s most recent developments over the past year. Auto finance, in its broadest sense, refers to financing activities in the manufacturing, distribution, purchase, and consumption of automobiles. Its narrow definition comes down to financing or other financial services offered to consumers or dealerships, involving making loans to dealerships for the construction and equipment input of a showroom and inventory financing, as well as consumer loans, financial leasing, and insurance. According to empirical research, automobile manufacturing processes generate a mere 30% of the total profits created, while distribution and aftersales service departments contribute the other 70%. Financial services rest on the most valuable and energetic part of the auto industry’s value chain, and demonstrate the hugest potential in China. They have proved to be a huge engine driving the auto industry and its consumption activities. Auto finance was invented in the 1920s in the United States as instalment arrangements offered by automakers to buyers. In China, however, the practice was lagging behind, and wasn’t initiated until the People's Bank of China published the Administrative Rules Governing the Auto Financing Company in October, 1998. Despite the auto finance companies established earlier, the core of auto finance – wholesale finance and consumer finance – has been existing for no more than 30 years in China.
    [Show full text]
  • 吉利汽車控股有限公司 GEELY AUTOMOBILE HOLDINGS LIMITED (Incorporated in the Cayman Islands with Limited Liability) (Stock Code: 175)
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 吉利汽車控股有限公司 GEELY AUTOMOBILE HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) (Stock code: 175) RE-DESIGNATION OF DIRECTOR The Board of the Company is pleased to announce that Mr. Zhang has been re-designated from an executive director to a non-executive director of the Company with effect from 30 December 2014. The board of directors (the “Board”) of Geely Automobile Holdings Limited (the “Company”) is pleased to announce that Mr. Ran Zhang (“Mr. Zhang”) has been re-designated from an executive director to a non-executive director of the Company with effect from 30 December 2014. Mr. Zhang would like to stand down as an executive director of the Company so as to allow himself more time to pursue his other personal and business objectives whilst still being able to contribute his valuable skills and experience to the Company through his new position as a non-executive director of the Company. The biographical details of Mr. Zhang are as follows: Mr. Zhang, aged 47, joined the Company on 28 March 2014 as an executive director. Mr. Zhang is responsible for the financial management, internal control, and infrastructure setup and management of automobile financing system of the Company and its subsidiaries (collectively the “Group”).
    [Show full text]
  • Acronimos Automotriz
    ACRONIMOS AUTOMOTRIZ 0LEV 1AX 1BBL 1BC 1DOF 1HP 1MR 1OHC 1SR 1STR 1TT 1WD 1ZYL 12HOS 2AT 2AV 2AX 2BBL 2BC 2CAM 2CE 2CEO 2CO 2CT 2CV 2CVC 2CW 2DFB 2DH 2DOF 2DP 2DR 2DS 2DV 2DW 2F2F 2GR 2K1 2LH 2LR 2MH 2MHEV 2NH 2OHC 2OHV 2RA 2RM 2RV 2SE 2SF 2SLB 2SO 2SPD 2SR 2SRB 2STR 2TBO 2TP 2TT 2VPC 2WB 2WD 2WLTL 2WS 2WTL 2WV 2ZYL 24HLM 24HN 24HOD 24HRS 3AV 3AX 3BL 3CC 3CE 3CV 3DCC 3DD 3DHB 3DOF 3DR 3DS 3DV 3DW 3GR 3GT 3LH 3LR 3MA 3PB 3PH 3PSB 3PT 3SK 3ST 3STR 3TBO 3VPC 3WC 3WCC 3WD 3WEV 3WH 3WP 3WS 3WT 3WV 3ZYL 4ABS 4ADT 4AT 4AV 4AX 4BBL 4CE 4CL 4CLT 4CV 4DC 4DH 4DR 4DS 4DSC 4DV 4DW 4EAT 4ECT 4ETC 4ETS 4EW 4FV 4GA 4GR 4HLC 4LF 4LH 4LLC 4LR 4LS 4MT 4RA 4RD 4RM 4RT 4SE 4SLB 4SPD 4SRB 4SS 4ST 4STR 4TB 4VPC 4WA 4WABS 4WAL 4WAS 4WB 4WC 4WD 4WDA 4WDB 4WDC 4WDO 4WDR 4WIS 4WOTY 4WS 4WV 4WW 4X2 4X4 4ZYL 5AT 5DHB 5DR 5DS 5DSB 5DV 5DW 5GA 5GR 5MAN 5MT 5SS 5ST 5STR 5VPC 5WC 5WD 5WH 5ZYL 6AT 6CE 6CL 6CM 6DOF 6DR 6GA 6HSP 6MAN 6MT 6RDS 6SS 6ST 6STR 6WD 6WH 6WV 6X6 6ZYL 7SS 7STR 8CL 8CLT 8CM 8CTF 8WD 8X8 8ZYL 9STR A&E A&F A&J A1GP A4K A4WD A5K A7C AAA AAAA AAAFTS AAAM AAAS AAB AABC AABS AAC AACA AACC AACET AACF AACN AAD AADA AADF AADT AADTT AAE AAF AAFEA AAFLS AAFRSR AAG AAGT AAHF AAI AAIA AAITF AAIW AAK AAL AALA AALM AAM AAMA AAMVA AAN AAOL AAP AAPAC AAPC AAPEC AAPEX AAPS AAPTS AAR AARA AARDA AARN AARS AAS AASA AASHTO AASP AASRV AAT AATA AATC AAV AAV8 AAW AAWDC AAWF AAWT AAZ ABA ABAG ABAN ABARS ABB ABC ABCA ABCV ABD ABDC ABE ABEIVA ABFD ABG ABH ABHP ABI ABIAUTO ABK ABL ABLS ABM ABN ABO ABOT ABP ABPV ABR ABRAVE ABRN ABRS ABS ABSA ABSBSC ABSL ABSS ABSSL ABSV ABT ABTT
    [Show full text]
  • Homologación Parciales Y WVTA 2019 Segundo Semestre.Xlsx
    Ministerio de Industria, Comercio y Turismo Homologaciones Parciales y WVTA, 2019 segundo semestre F. Resolución Nº Homologación Fabricante Tipo Marcas 31/10/2019 e9*458/2011*2015/166*3355*01 FORD‐WERKE GMBH 458/2011‐JK FORD 31/10/2019 e9*2007/46*3165*00 FORD‐WERKE GMBH J2K FORD 30/10/2019 E9‐28R‐00.1133 LEONELLI SA 045 LEONELLI 30/10/2019 PM‐24123‐S MIGUEL ARECHAGA SOBERON ORDINARIA LARGA MATRICULAS3D 30/10/2019 e9*2007/46*3109*00 SANTIAGO ANGUIS GARCIA SAG1S AGRO MOTO 29/10/2019 HCR‐PL‐E9‐01.1040 Rev.02 SIRIUS LIGHT TECHNOLOGY CO.,LTD. NS‐4316 NS & SIRIUS 29/10/2019 E9*49R03/00/I*1204*01 INTERNATIONAL INDÚSTRIA AUTOMOTIVA DA AMÉRICA DO SUL LTDA. ACTEON – 4.12TCE EURO III HD INTERNATIONAL INDÚSTRIA AUTOMOTIVA DA AMÉRICA DO SUL LTDA. 28/10/2019 CV18110342 GOURDON FRERES TRH250 GOURDON 28/10/2019 E9*49R05/00*1233*00 VOLVO DO BRASIL VEÍCULOS LTDA. MP8 535C EUV MACK 28/10/2019 E9*40R01/01*1048*00 ZONGSHEN INDUSTRIAL GROUP CO., LTD. ZS150ZH‐3 ZONGSHEN; ALFA; HUAIHAI 28/10/2019 E9*13R10/00*11258*00 XUZHOU XCMG AUTO MANUFACTURING CO., LTD. R13‐6×4‐1 XCMG 28/10/2019 E9*39R00/05*1554*00 XUZHOU XCMG AUTO MANUFACTURING CO., LTD. R39‐1 XCMG 28/10/2019 E9*51R02/10*6558*00 XUZHOU XCMG AUTO MANUFACTURING CO., LTD. NXG4252D5WC‐460‐FAST XCMG 28/10/2019 E9*14R07/08*1408*00 XUZHOU XCMG AUTO MANUFACTURING CO., LTD. R14‐1 XCMG 28/10/2019 E9*46R04/06*16019*00 XUZHOU XCMG AUTO MANUFACTURING CO., LTD.
    [Show full text]
  • Asian Automotive Newsletter
    ASIAN AUTOMOTIVE NEW SLETTER JUNE 2011, ISSUE 67 A Quarterly newsletter of developments in the auto and auto components markets Chinese companies are buying up assets offices in all of the major Asian across the Auto sector worldwide. Geely automotive markets, as well as London CONTENTSC O N T E N T S paid US$2.7bn for Volvo in 2010, Joyson and New York. If you are interested in agreed to buy Preh for US$721m in April, discussing any of the articles in this C H I N A 1 Beijing Auto announced plans to acquire newsletter, or how we can help you in H O N G K O N G 4 Inalfa Roof Systems for US$370m in this sector, please contact me directly. I N D I A 4 April, and Zhejiang Youngman and I N D O N E S I A 5 Pangda recently agreed to acquire Saab for US$250m. Expect China to continue J A P A N 5 hunting for foreign assets. K O R E A 5 Charles Maynard M A L A Y S I A 5 Business Development Asia LLC (“BDA”) Senior Managing Director, PHILIPPINES 5 is an investment banking firm which [email protected] specializes in Asian M&A. We have T A I W A N 5 China AutolivAutoliv, the Swedish auto component manufacturer, plans to invest US$10m in a new seat belt plant in Nanjing, China. The new plant will replace Auto Sector Stock Indices (12 months ending 27 Jun11 ))) Autoliv’s existing plant in the region and 210 will be 1.5 times larger than the existing plant.
    [Show full text]