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The History of Success of Central Asian Company in Automobile Industry
Review Article, ISSN 2304-2613 (Print); ISSN 2305-8730 (Online) The History of Success of Central Asian Company in Automobile Industry Kanat Zhumanov1, Anel Zhumanova2, Benjamin Chan Yin-Fah3 1,2,3Faculty of Business Management, Asia Pacific University of Technology & Innovation (APU), Kuala Lumpur, MALAYSIA 3Center of Entrepreneurship and Leadership, (APU), Technology Park Malaysia, MALAYSIA *E-mail for correspondence: [email protected] https://doi.org/10.18034/abr.v8i2.155 ABSTRACT The paper analyzes the key success factors of automobile industry in Central Asia, Kazakhstan. In particularly, strategies used, experienced challenges faced by “Bipek Auto – Asia Auto” will be presented in this paper. Key words: Success factors, Kazakhstan, Auto Company INTRODUCTION Kazakhstan in the form of tax and other payments; more than $ 24 million was directed by the company for Today Asia is a platform for a successful business. The charitable and social purposes. The staff of Bipek Auto - rapid development of innovation in Asia is facilitated by Asia Auto has over 4,500 employees in 19 cities of a large number of people, a fast temp of life, and the Kazakhstan and 13 regions of Russia. progress of the economy GDP per capita is higher than in other regions. And one-third of global companies are From 1992 to 2017 (Figure 2), Kazakhstan’s people located in Asia - Taiwan, Japan, China, and Korea. If we purchased more than 475,000 new cars at the company's look are the record provided by Ernst & Young's, Asia branches (Cursive Kazakhstan, 2018). Within 25 years accounted for 14% of world consumer spending in 2011 Bipek Auto - Asia Auto is a leader both in an automobile but been projected to 25% in 2020 and 40% in year 2030. -
Competing in the Global Truck Industry Emerging Markets Spotlight
KPMG INTERNATIONAL Competing in the Global Truck Industry Emerging Markets Spotlight Challenges and future winning strategies September 2011 kpmg.com ii | Competing in the Global Truck Industry – Emerging Markets Spotlight Acknowledgements We would like to express our special thanks to the Institut für Automobilwirtschaft (Institute for Automotive Research) under the lead of Prof. Dr. Willi Diez for its longstanding cooperation and valuable contribution to this study. Prof. Dr. Willi Diez Director Institut für Automobilwirtschaft (IfA) [Institute for Automotive Research] [email protected] www.ifa-info.de We would also like to thank deeply the following senior executives who participated in in-depth interviews to provide further insight: (Listed alphabetically by organization name) Shen Yang Senior Director of Strategy and Development Beiqi Foton Motor Co., Ltd. (China) Andreas Renschler Member of the Board and Head of Daimler Trucks Division Daimler AG (Germany) Ashot Aroutunyan Director of Marketing and Advertising KAMAZ OAO (Russia) Prof. Dr.-Ing. Heinz Junker Chairman of the Management Board MAHLE Group (Germany) Dee Kapur President of the Truck Group Navistar International Corporation (USA) Jack Allen President of the North American Truck Group Navistar International Corporation (USA) George Kapitelli Vice President SAIC GM Wuling Automobile Co., Ltd. (SGMW) (China) Ravi Pisharody President (Commercial Vehicle Business Unit) Tata Motors Ltd. (India) © 2011 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. All rights reserved. Competing in the Global Truck Industry – Emerging Markets Spotlight | iii Editorial Commercial vehicle sales are spurred by far exceeded the most optimistic on by economic growth going in hand expectations – how can we foresee the with the rising demand for the transport potentials and importance of issues of goods. -
Third Supplement Dated
SECOND SUPPLEMENT DATED 09 NOVEMBER 2017 TO THE 07 JUNE 2017 BASE PROSPECTUS RENAULT (incorporated as a société anonyme in France) €7,000,000,000 Euro Medium Term Note Programme This prospectus supplement (the “Second Supplement”) is supplemental and must be read in conjunction with the Base Prospectus dated 07 June 2017 (the “Base Prospectus”) granted visa No. 17-260 on 07 June 2017 by the Autorité des marchés financiers (the “AMF”) and the first supplement to the Base Prospectus dated 31 July 2017 granted visa No. 17-404 on 31 July 2017, each prepared by Renault (“Renault” or the “Issuer”) with respect to its €7,000,000,000 Euro Medium Term Note Programme (the “Programme”). Terms defined in the Base Prospectus have the same meaning when used in this Second Supplement. Application has been made for approval of this Second Supplement to the AMF in its capacity as competent authority pursuant to Article 212-2 of its Règlement Général which implements Directive 2003/71/EC (as amended) on the prospectus to be published when securities are offered to the public or admitted to trading in France (the “Prospectus Directive”). This Second Supplement has been prepared pursuant to Article 16.1 of the Prospectus Directive and Article 212-25 of the Règlement Général of the AMF for the purposes of: (i) amending certain sections of the Summary of the Programme; (ii) amending certain sections of the Résumé en français du Programme (summary of the Programme in French); (iii) integrating the press releases dated 24 October 2017 on Renault's third quarter results (the "Quarterly Information, October 24, 2017”) and 08 November 2017 on Nissan's contribution for third quarter 2017 to Renault’s earnings (the “Nissan’s Contribution for third quarter 2017 to Renault’s Earnings, 08 November 2017”); (iv) integrating other press releases dated 07 August 2017, 29 August 2017, 15 September 2017, 19 September 2017, 06 October 2017 and 03rd November 2017. -
Russian Automotive Market 2018 Results and Outlook
Russian automotive market www.pwc.ru/automotive 2018 results and outlook Passenger cars | Light commercial vehicles | Trucks | Buses February 2019 Contents 1 Overview of the Russian passenger car market 3 2 Overview of the Russian commercial vehicle market 11 3 Conclusions 15 4 About PwC 17 PwC 2 1 Overview of the Russian passenger car market PwC 3 Sanctions-related risks materialising in the first half of 2018 triggered year-end declines in several key macroeconomic indicators GDP growth rate and consumer price index (CPI), Average nominal RUB/USD exchange rate, Q1 2016 to Q4 2018 Q1 2016 to Q4 2018 8.4 74.9 7.4 6.8 GDP against similar quarter last year, % 5.8 65.9 CPI against similar quarter last year, % 66.5 4.6 64.6 65.6 4.2 3.9 63.0 3.4 61.9 3.0 57.1 2.5 2.2 2.6 2.2 2.4 2.2 58.6 59.0 58.4 56.8 0.4 0.9 -0.4 -0.2 0.6 1.9 1.5 -0.5 1.3 1Q ’16 2Q ’16 3Q ’16 4Q ’16 1Q ’17 2Q ’17 3Q ’17 4Q ’17 1Q ’18 2Q ’18 3Q ’18 4Q ’18 1Q ’16 2Q ’16 3Q ’16 4Q ’16 1Q ’17 2Q ’17 3Q ’17 4Q ’17 1Q ’18 2Q ’18 3Q ’18 4Q ’18 Sources: Ministry of Economic Development of the Russian Federation, Rosstat. Source: Central Bank of the Russian Federation Consumer confidence index, Q-end Brent oil price behaviour, USD Q1 2016 - Q4 2018 Q1 2016 - Q4 2018 82.7 79.4 70.3 -8.0% -8.0% 66.9 -11.0% -11.0% 56.8 57.5 -15.0% -14.0% -14.0% 52.8 53.8 -18.0% -17.0% -19.0% 49.7 49.1 47.9 39.6 -26.0% -30.0% 1Q ’16 2Q ’16 3Q ’16 4Q ’16 1Q ’17 2Q ’17 3Q ’17 4Q ’17 1Q ’18 2Q ’18 3Q ’18 4Q ’18 1Q ’16 2Q ’16 3Q ’16 4Q ’16 1Q ’17 2Q ’17 3Q ’17 4Q ’17 1Q ’18 2Q ’18 3Q ’18 4Q ’18 Source: Rosstat Source: Bloomberg PwC 4 In 2018, the passenger car market continued to recover, demonstrating 13% growth despite the slowdown in the Russian economy In 2018, sales of new Sales among Russian makers Sales of foreign brands Imports accounted for around passenger cars in Russia increased by 14%, driven by surging assembled in Russia grew by 16% of total sales in 2018. -
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 -
US Sanctions on Russia
U.S. Sanctions on Russia Updated January 17, 2020 Congressional Research Service https://crsreports.congress.gov R45415 SUMMARY R45415 U.S. Sanctions on Russia January 17, 2020 Sanctions are a central element of U.S. policy to counter and deter malign Russian behavior. The United States has imposed sanctions on Russia mainly in response to Russia’s 2014 invasion of Cory Welt, Coordinator Ukraine, to reverse and deter further Russian aggression in Ukraine, and to deter Russian Specialist in European aggression against other countries. The United States also has imposed sanctions on Russia in Affairs response to (and to deter) election interference and other malicious cyber-enabled activities, human rights abuses, the use of a chemical weapon, weapons proliferation, illicit trade with North Korea, and support to Syria and Venezuela. Most Members of Congress support a robust Kristin Archick Specialist in European use of sanctions amid concerns about Russia’s international behavior and geostrategic intentions. Affairs Sanctions related to Russia’s invasion of Ukraine are based mainly on four executive orders (EOs) that President Obama issued in 2014. That year, Congress also passed and President Rebecca M. Nelson Obama signed into law two acts establishing sanctions in response to Russia’s invasion of Specialist in International Ukraine: the Support for the Sovereignty, Integrity, Democracy, and Economic Stability of Trade and Finance Ukraine Act of 2014 (SSIDES; P.L. 113-95/H.R. 4152) and the Ukraine Freedom Support Act of 2014 (UFSA; P.L. 113-272/H.R. 5859). Dianne E. Rennack Specialist in Foreign Policy In 2017, Congress passed and President Trump signed into law the Countering Russian Influence Legislation in Europe and Eurasia Act of 2017 (CRIEEA; P.L. -
Sudan Divestment Report to the Joint Committee On
SUDAN DIVESTMENT REPORT TO THE JOINT COMMITTEE ON PENSIONS, INVESTMENTS AND BENEFITS June 30, 2016 Background and Statutory Requirements The 2007 Legislature passed Sudan Divestment legislation as part of Senate Substitute for House Bill 2457 (which is codified in K.S.A. 74-4921c). This statute stipulates that the Board of Trustees (“the Board”) of the Kansas Public Employees Retirement System (“KPERS”) shall not invest KPERS funds in a company with business operations in Sudan which meets the following criteria: 1) the company is engaged in active business operations in Sudan. If that company is not engaged in oil-related activities, that company also lacks significant business operations in the eastern, southern and western regions of Sudan; and 2) either of the following apply: a) the company is engaged in oil-related or power-related activities and the company fails to take substantial action related to the government of Sudan because of the Darfur genocide; or b) the company has demonstrated complicity in the Darfur genocide. Also, the statute directs the Board not to invest KPERS funds in a company that supplies military equipment within the borders of Sudan. Key statutory requirements of the Sudan Divestment legislation are summarized below. Research and Engagement The Board may contract with a research firm or firms to determine those companies that have business operations in Sudan. On or before September 30, 2007, such research firms may report any findings to the Board and may submit further findings to the Board if there is a change of circumstances in Sudan. In addition, by September 30, 2007, the Board must take all of the following actions: 1) review publicly available information regarding companies with business operations in Sudan, 2) contact other institutional investors that invest in companies with business operations in Sudan, and 3) send a written notice to a company with business operations in Sudan that the company may be subject to divestiture under the statute. -
SAIGA NEWS Issue 7 Providing a Six-Language Forum for Exchange of Ideas and Information About Saiga Conservation and Ecology
Published by the Saiga Conservation Alliance summer 2008 SAIGA NEWS issue 7 Providing a six-language forum for exchange of ideas and information about saiga conservation and ecology The Altyn Dala Conservation Initiative: A long term commitment CONTENTS to save the steppe and its saigas, an endangered couple The Altyn Dala Conservation Initiative (ADCI) is a large scale project to Feature article conserve the northern steppe and semi desert ecosystems and their critically Eva Klebelsberg The Altyn Dala Conservation endangered flagship species like the saiga antelope (Saiga tatarica tatarica) and Initiative: A long term commitment to save the the Sociable Lapwing (Vanellus gregarius). ADCI is implemented by the steppe and its saigas, an endangered couple Kazakhstan government, the Association for Conservation of Biodiversity of 1 Kazakhstan (ACBK), the Frankfurt Zoological Society (FZS), the Royal Society for Updates 3 Protection of Birds (RSPB; BirdLife in the Saigas in the News UK) and WWF International. The Alina Bekirova Saiga saga. CentrAsia. 27.06.2008. 6 German Centre for International Migration and Development Articles (CIM) is supporting Duisekeev B.Z., Sklyarenko S.L. Conservation of the project through the saiga antelopes in Kazakhstan 7 long-term integration of two experts who Fedosov V. The Saiga Breeding Centre – a centre have working for the for ecological education 9 Association for Conservation of Kosbergenov M. Conservation of a local saiga Biodiversity in population on the east coast of the Aral Sea in Kazakhstan since the 10 beginning of 2007. Uzbekistan The “Altyn Dala Conservation Mandjiev H.B., Moiseikina L.G. On albinism in Initiative” (“altyn the European saiga population 10 dala” means “golden steppe” in Kazakh), Project round-up started in 2006 and focuses on an area of WWF Mongolian Saiga project. -
FACTS & FIGURES March 2019
FACTS M arch 2019 & FIGURES EDITION HIGHLIGHTS … IN 2018, GROUPE RENAULT ANNOUNCED THAT IT WOULD INVEST 1.4 BILLION EUROS IN FRANCE AND HIRE 5,000 EMPLOYEES OVER THREE YEARS. THESE INVESTMENTS WILL MAINLY GO TOWARDS THE PRODUCTION OF LIGHT COMMERCIAL AND ELECTRIC VEHICLES, OUR TWO GROWTH DRIVERS IN FRANCE. 85% CLIO OF EMPLOYEES ARE PROUD TO WORK FOR GROUPE RENAULT NO. 1 VEHICLE SOLD IN FRANCE NO. 2 IN EUROPE 15 MILLION CLIO SOLD WORLDWIDE SINCE ITS LAUNCH IN 1990 ELECTRIC VEHICLE LEADER IN EUROPE NEARLY ONE IN FOUR ELECTRIC VEHICLES SOLD IN EUROPE IS A RENAULT ONE GROUP, FIVE BRANDS 2 — KEY FIGURES 4 — INDUSTRIAL SITES 6 CONT- — MANUFACTURING 8 — GLOBAL SALES 11 — ENTS VEHICLE RANGE 21 — SERVICES 28 — RENAULT-NISSAN- MITSUBISHI 30 GROUPE RENAULT - 1 ONE GROUPE, FIVE BRANDS … GROUPE RENAULT HAS MANUFACTURED CARS SINCE 1898. TODAY IT IS AN INTERNATIONAL MULTI-BRAND GROUP. TO ADDRESS THE MAJOR TECHNOLOGICAL CHALLENGES OF THE FUTURE, WHILE CONTINUING TO PURSUE ITS PROFITABLE GROWTH STRATEGY, GROUPE RENAULT IS FOCUSING ON INTERNATIONAL EXPANSION. TO THIS END, IT IS DRAWING ON THE SYNERGIES OF ITS FIVE BRANDS (RENAULT, DACIA, RENAULT SAMSUNG MOTORS, ALPINE AND LADA), ELECTRIC VEHICLES, AND ITS UNIQUE ALLIANCE WITH NISSAN AND MITSUBISHI MOTORS. KADJAR DUSTER RENAULT 2,532,567 VEHICLES SOLD IN 2018 (PC + LCV) — Renault, the leading French brand worldwide, is present in 134 countries with nearly 12,000 points of sale. Renault has been making its customers’ lives easier for 120 years. As leader of the European electric vehicle market and committed to motorsport, the brand is driven by passion on a daily basis, with its sensual and warm design. -
Sollers Financial Results 2019
SOLLERS FINANCIAL RESULTS 2019 July 3, 2020 CONTENT Sollers strategic Operating and financial 01 developments 03 performance 2019 Russian automotive Joint venture’s results 02 market overview 04 2 SOLLERS STRATEGIC DEVELOPMENTS (1/3) MARCH 2019 MAY 2019 JUNE 2019 Ford Sollers JV announced Adil Shirinov was appointed Nikolay Sobolev was restructuring. the CEO of Uliyanovsk appointed On Jul 1, 2019 Automotive Plant the CEO of Sollers Sollers acquired the controlling stake in the JV 3 SOLLERS STRATEGIC DEVELOPMENTS (2/3) JULY 2019 OCTOBER 2019 DECEMBER 2019 New Ford Sollers JV started UAZ starts sales of UAZ Sollers establishes operations Patriot ATM Engineering Centre 4 SOLLERS STRATEGIC DEVELOPMENTS (3/3) FEBRUARY 2020 APRIL 2020 APRIL 2020 Elena Frolova appointed Ford Sollers JV supplies UAZ launches the first series CEO of Mazda Sollers JV Ambulances to the Ministry of ambulances based on of Health fighting COVID-19 UAZ Profi platform 5 CONTENT Sollers strategic Operating and financial 01 developments 03 performance 2019 Russian automotive Joint venture’s results 02 market overview 04 6 RUSSIAN AUTOMOTIVE MARKET: LCV Total decline of CV sales – 3% 121 118 The slight decrease of 1,3% in LCV+MPV segment is mostly due to stop of Mercedes Sprinter Classic local assembly The share of Russian branded LCV+MPV went up from 69% to 71% while imported vehicles 104 and foreign assembly amount to 12% and 17% LCV+MPV 103 respectively CDV UAZ sales of commercial vehicles went down by 7%, the brand is #2 player with 19% market share 17 15 The sales -
Green Car Market Situation and Policies in Russia
OICA Round Table “The World Auto Industry: Situation and Trends” Green car market situation and policies in Russia Igor Korovkin Yuri Kravtsov Seoul, 23 October 2014 1 CURRENT SITUATION ON THE GREEN VEHICLE MARKET IN RUSSIA MOTOR VEHICLES ON ALTERNATIVE FUELS The current parc of CNG-fueled commercial vehicles in Russia is about 86,000 units, or 1.5% of the total CV fleet. Until recently, no one OEM produced gas-fueled vehicles, all of them being retrofitted by a few small businesses. At present, CNG-fueled CVs are manufactured by 7 Russian OEMs belonging to either GAZ Group (GAZelle vans, Ural trucks, PAZ, LiAZ and KAVZ buses) or KAMAZ Group (KAMAZ trucks and NEFAZ buses). However, the total annual oputput of CNG-fueled vehicles still does not exceed 5000 units. HYBRID ELECTRIC VEHICLES (HEV) Conventional hybrids are mainly passenger cars. Their sales were 1307 units in 2013 and 631 units in January-August 2014. Eight brands are selling in this segment, the biggest share (over 80%) being cartured by Lexus. All hybrids are imported ones. Source: AEB PLUG-IN HYBRID ELECTRIC VEHICLES (PHEV) AND FULL BATTERY-ELECTRIC VEHICLES (BEV) The Russian market of EVs charged from the electrical grid is in its first stages. The number of plug-in hybrids sold in Russia was only 6 units in 2013 and 193 units in January-August 2014, while the sales of all-electric cars were 118 units in 2013 and 72 units in 2014. The plug-in hybrids sold were mostly Infiniti-branded, and the sales of all-electric cars were divided between the i-MiEV model from Mitsubishi and the EL LADA from AVTOVAZ. -
Adressverzeichnis
ADRESSVERZEICHNIS ANHÄNGER & AUFBAUTEN . .Seite 11–13 BUSSE. .Seite 13–16 LKW und TRANSPORTER . .Seite 16–19 SPEZIALFAHRZEUGE . .Seite 19–22 ANHÄNGER & Aebi Schmidt ALF Fahrzeugbau Andreoli Rimorchi S.r.l. Deutschland GmbH GmbH & Co.KG Via dell‘industria 17 AUFBAUTEN Albtalstraße 36 Gewerbehof 12 37060, Buttapietra (Verona) 79837 St. Blasien 59368 Werne ITALIEN Acerbi Veicoli Industriali S.p.A. Tel. +49.7672-412-0 Tel. +49.2389 98 48-0 Tel. +39 045 666 02 44 Strada per Pontecurone, 7 www.aebi-schmidt.com www.alf-fahrzeugbau.de www.andreoli-ribaltabili.it 15053 Castelnuovo Scrivia (AL) ITALIEN Agados spol. s.r.o. ALHU Fahrzeugtechnik GmbH Andres www.acerbi.it Rumyslová 2081 Borstelweg 22 Hermann Andres AG 59401 Velké Mezirici 25436 Tornesch Industriering 42 Achleitner Fahrzeugbau TSCHECHIEN Tel. +49.4122 - 90 67 00 3250 Lyss Innsbrucker Straße 94 Tel. +420 566 653 311 www.alhu.de SCHWEIZ 6300 Wörgl www.agados.cz Tel. +41 32 387 31 61 Asch- ÖSTERREICH AL-KO www.andres-lyss.ch wege & Tönjes Aucar- Tel. +43 5332-7811-0 Agados Anhänger Handels Alois Kober GmbH Zur Schlagge 17 Trailer SL www.achleitner.com GmbH Ichenhauser Str. 14 Annaburger Nutzfahrzeuge 49681 Garrel Pintor Pau Roig 41 2-3 Schwedter Str. 20a 89359 Kötz GmbH Tel. +49.4474-8900-0 08330 Premià de mar, Barcelona Ackermann Aufbauten & 16287 Schöneberg Tel. +49.8221-97-449 Torgauer Straße 2 www.aschwege-toenjes.de SPANIEN Fahrzeugvertrieb GmbH Tel. +49.33335 42811 www.al-ko.de 06925 Annaburg Tel. +34 93 752 42 82 Am Wallersteig 4 www.agados.de Tel. +49.35385-709-0 ASM – Equipamentos www.aucartrailer.com 87700 Memmingen-Steinheim Altinordu Trailer www.annaburger.de de Transporte, S Tel.