DOCSLIB.ORG

Asian Automotive Newsletter

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

ASIAN AUTOMOTIVE NEW SLETTER September 201 2, ISSUE 72 A Quarterly newsletter of developments in the auto and auto components markets Throwing modesty to the wind, the big Business Development Asia LLC (“BDA”) CONTENTSC O N T E N T S news for BDA this quarter was our is an investment banking firm which C H I N A 1 success in advising on six transactions in specializes in Asian M&A. We have I N D I A 2 the last month – one each in China, offices in all of the major Asian India, Japan, Korea, Europe and the US. automotive markets, as well as London J A P A N 4 All but one of these transactions involved and New York. If you are interested in K O R E A 4 an Asian buyer, seller or asset. This discussing any of the articles in this M A L A Y S I A 4 geographic reach demonstrates the scale newsletter, or how we can help you in of M&A activity in the middle market and this sector, please contact us. T H A I L A N D 4 BDA’s expertise in Asia and global reach. See this press release for more details: http://www.bdallc.com/bda_pdf/Grands Charles Maynard lam-press-release-6Sept12.pdf Senior Managing Director, [email protected] China BMW Brilliance AutoAuto, the JV between German auto manufacturer BMW and Chinese auto manufacturer Brilliance AutoAuto, plans to establish a new engine Auto Sector Stock Indices (12 mon ths ending 06Sep12 ))) facility in Liaoning province, China. The facility, with a capacity of 200,000 units, will commence operations in 2015 and will manufacture engines for domestic auto OEMs. The financial details were not disclosed. August 06, 2012 FAW MotorsMotors, the Chinese auto manufacturer, plans to invest US$687m to establish a new facility for manufacturing new energy vehicles in China. The facility, with a capacity of Source: Capital IQ, BDA 200,000 units, will commence operations by 2014 and will contain stamping, welding, painting and general assembly halls, as well as auxiliary infrastructure. August 09, 2012 2 A SIAN AUTOMOTIVE NEWS LETTER SEPTEMBER 2012, ISSUE 72 The facility, with a capacity of 50,000 units, will commence operations in 2015. July 14, 2012 Youngman AutoAuto, the Chinese bus manufacturer, has agreed to acquire 74% in Viseon BusBus, a German bus manufacturer, for US$12m. The move will enable Youngman to expand its operations in Europe. August 01, 2012 Wanxiang GGrouprouproup, the Chinese auto component manufacturer, has agreed to acquire 80% of A123 SystemsSystems, the US auto battery manufacturer, for US$450m. The funds would be used to Source: Capital IQ, BDA strengthen the financial position of the A123 Systems. August 09, 2012 Zhejiang Youngman PaPassengerssenger Car Ford Motor announced that it will agreed to acquire Bengbu HaoyeHaoye, a GroupGroup, a Chinese car manufacturer, has introduce Lincoln automobiles to the Chinese filter manufacturer for the agreed to acquire 30% of SpykerSpyker, a Chinese market by 2014. August 28, 2012 aftermarket and local OEMs. August 29, Dutch sports car maker, for US$12.5m. 2012 The companies will setup two JVs, which Ford Motor will begin making its 2.0- will be majority owned by Youngman. liter EcoBoost turbocharged engine in NavistarNavistar, the US truck manufacturer, September 03, 2012 Chongqing next year. The engine plant plans to establish a JV with Anhui AutoAuto, is currently under construction, and a Chinese auto manufacturer, for a total Ford has earmarked US$600m to build investment of US$284m. The JV, with a its third assembly plant in Chongqing. capacity of 150,000 engines, will August 27, 2012 commence operations by 2013. The JV will promote the technical upgrade and India The Foton Daimler JV has officially enhance the quality of the JAC trucks begun business. The JV is equally and several different Navistar Atul AutoAuto, an Indian three-wheeler owned by truck manufacturer Beiqi Beiqi MaxxForce diesel motors for the manufacturer, plans to invest US$18m Foton and Daimler AG,AG and the Foton Daimler AG Chinese auto market. August 18, 2012 to establish a new facility in Sri Lanka. companies have invested a total of The facility with a capacity of 10,000 US$1bn. The JV hopes that its Auman Volkswagen plans to establish a new units will be operational by 2013 and trucks, now equipped with Mercedes- transmission facility in Tianjin, China for will primarily cater to the Sri Lankan Benz engines, will be able to come to a total investment of US$1.1bn. The market. July 17, 2012 the forefront of the Chinese truck facility will primarily manufacture market. August 30, 2012 DQ380 and DQ500 DSG transmissions Hero MotoCorpMotoCorp, an Indian two-wheeler for the Chinese auto market. August 20, manufacturer, plans to invest US$71m MANN+HUMMEL,MANN+HUMMEL a leading global MANN+HUMMEL 2012 to establish a new R&D center in expert for filtration solutions and Rajasthan, India. The center will original equipment supplier to the Volkswagen plans to establish an Volkswagen commence operations by 2014 and will international automotive and assembly plant with FAW Group,Group the FAW Group be the largest two-wheeler R&D center mechanical engineering industries, has Chinese auto manufacturer, in Wuhan. in India. July 25, 2012 3 A SIAN AUTOMOTIVE NEWS LETTER September 2012, ISSUE 72 Hero MotoCorp plans to invest US$268m to establish two new facilities in Gujarat and Rajasthan. The facilities, with a total capacity of two million units, will commence operations in 2014 and will cater to the growing demand for two wheelers in the domestic market. June 04, 2012 IsuzuIsuzu, the Japanese commercial vehicle manufacturer, plans to invest US$178m to establish a new facility in Andhra Pradesh, India. The facility, with a capacity of 120,000 units, will commence operations in 2015. Isuzu will initially assemble the DMAX trucks Source: Capital IQ and MU7 SUVs for the Indian market. July 19, 2012 established a new R&D center with an up a 50:50 JV with Eicher MotorsMotors, the Krishna GroupGroup, an Indian auto interior investment of US$18m, in Pune, India. Indian two-wheeler manufacturer. The manufacturing company, has formed a The R&D center will enable the JV with an investment of US$50m will JV project with Italy-based Landi RenzoRenzo, Company to undertake in-house design commence operations in 2015 and will a global leader in the alternative fuel and development of engine technology enable Polaris to expand its presence in vehicles sector. The US$13m JV will for its motorcycles and shorten the India. July 25, 2012 address the critical alternative fuel period for new product development. solutions relating to the development July 04, 2012 Sogefi GroupGroup, the Italian auto and creation of advanced technological component manufacturer, plans to systems in clean energy sources. MercedesMercedes----BenzBenz India inaugurated invest US$5m to establish a new facility August 02, 2012 India’s largest workshop for with an in Pune. The facility will manufacture investment of US$9m. The hangar is stabilizer bars and torsion bars for MahMahindraindra Reva Electric VehiclesVehicles, a spread over 100,000 sq. ft. and has 54 passenger cars and utility vehicles and part of the Mahindra GroupGroup, dedicated bays. August 21, 2012 will initially only cater to Tata Motors, inaugurated its first platinum rated Mahindra & Mahindra, Fiat and Piaggio. automobile manufacturing facility in Nissan plans to acquire a significant July 04, 2012 Bangalore. The facility is the first minority stake in Hover AutomotiveAutomotive, purpose-built, ground-up electric the Indian auto distributor, for an Tata MotorsMotors, the Indian auto vehicle plant in India, the first undisclosed amount. Hover currently manufacturer, plans to set up an manufacturing plant to gain the manages the entire marketing, sales assembly facility for its Jaguar Land prestigious platinum rating from the and dealer development for Nissan Rover vehicles in Brazil, for an Indian Green Building Council and the Motors in India and the acquisition will undisclosed amount. The facility will first plant where cars are initially provide Nissan greater control over its initially assemble JLR’s Freelander powered at the manufacturing site using marketing and distribution activities in model for the Brazilian market. solar power. August 22, 2012 India. July 05, 2012 July 16, 2012 Mahindra Two WheelersWheelers, the Indian Polaris IndustriesIndustries, the US-based off Toyota plans to invest US$90m to two-wheeler manufacturer, has road vehicles manufacturer, plans to set establish a new facility in Karnataka, 4 A SIAN AUTOMOTIVE NEWS LETTER SEPTEMBE R 2012, ISSUE 72 India. The facility will have a capacity of Busan, South Korea. The facility will Thailand 240,000 units of engine castings and produce 80,000 Rogues per year for the 120,000 units of machined parts. The U.S. and other export markets. July 20, move is part of the Company’s strategy 2012 Denso International AsiaAsia, the leading to increase the use of locally Japanese supplier of advanced manufactured parts for its vehicles in SK Innovation and the international automotive technology, systems and components, will invest US$102m in India. June 26, 2012 automotive supplier Continental (Germany) completed a transaction to Thailand next year to expand its auto- Usha Honda Siel Cars India and cooperate on lithium-ion battery parts plant in the Amata Industrial Zone Honda Motor CompanyCompany, after working technology for electric vehicles. The (Bang Pakong) in Chon Buri. The together for 16 years, have agreed to goal of the partnership is to mutually company will initially shift production of end their JV. Accordingly, Honda Motor develop, produce and market lithium- some products from Japan to the plant, has purchased all of the shares that ion battery systems for cars.
Recommended publications
  • Competing in the Global Truck Industry Emerging Markets Spotlight

    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.
  • Ningbo Tuopu Group Co., Ltd. Annual Report 2020

    Ningbo Tuopu Group Co., Ltd. Annual Report 2020

    Stock Code: 601689 Abbr.: Tuopu Group Ningbo Tuopu Group Co., Ltd. Annual Report 2020 April 2021 Ningbo Tuopu Group Co., Ltd. Annual Report 2020 Important Notes I. The Board of Directors, Board of Supervisors, Directors, Supervisors and Senior Management of Ningbo Tuopu Group Co., Ltd. hereby guarantee that the information presented in this report shall be authentic, accurate and complete and free of any false records, misleading statements or material omissions, and they will bear joint and several liability for such information. II. All directors attended the meeting of the Board of Directors. III. BDO China Shu Lun Pan Certified Public Accountants LLP (Special General Partnership) issued a standard and unqualified audit report for the Company. IV. Wu Jianshu, a person in charge of the Company, Hong Tieyang, an officer in charge of accounting work and accounting institution (Accounting Officer) hereby declare and warrant that the financial statements in the annual report are authentic, accurate, and complete. V. The profit distribution plan for the reporting period or the plan for converting public reserve funds into additional share capital after consideration by the Board of Directors As audited by BDO China Shu Lun Pan Certified Public Accountants LLP (Special General Partnership), Ningbo Tuopu Group Co., Ltd. (“The Parent Company”) realized a net profit at RMB 620,890,219.47 in 2020, after a statutory surplus reserve at RMB 62,089,021.95 is withdrawn at 10% of the realized net profit, the profit available for distribution in the year is RMB 558,801,197.52; with the undistributed profit at the beginning of the year at RMB 2,539,788,223.59 added, and the cash dividends at RMB 200,447,672.31 distributed in 2020 deducted, the cumulative profit available for distribution at the end of 2020 is RMB 2,898,141,748.80.
  • On the Road Again a Financial and Extra-Financial Analysis of the Auto Industry

    On the Road Again a Financial and Extra-Financial Analysis of the Auto Industry

    SRI - EFI Sector Research On the road again A Financial and Extra-financial Analysis of the Auto Industry p Caught in the void Î fuel prices, carbon and pollution p Charting new terrain becomes key Î alternative power trains p Cost is king Î it determines the way forward p Don’t forget Î governance, BRICs, legacy costs and offshoring p Toyota is our global champion Î other winners could emerge Pierre-Yves Quéméner, Financial Analyst +33 1 45 96 77 63 [email protected] November 2005 Valéry Lucas Leclin, SRI Analyst +33 1 45 96 79 23 [email protected] Sarj Nahal, SRI Analyst +33 1 45 96 78 75 [email protected] On the road again This report follows a request from a group of asset managers working with the United Nations to analyse the environmental, social and corporate governance issues that may be material for company performance and to then identify potential impact on company valuations. The United Nations Environment Programme Finance Initiative (UNEP FI) works closely with 160 financial institutions worldwide, to develop and promote linkages between the environment, sustainability and financial performance. UNEP FI Asset Management Working Group (AMWG) explores the association between environmental, social, and governance considerations and investment decision-making. Asset Managers that have participated in this project have combined mandates of 1.7 trillion USD. Asset managers: ABN AMRO Asset Management Brazil Acuity Investment Management BNP Paribas Asset Management BT Financial Group Calvert Group Citigroup Asset Management
  • 2020 Annual Report Vision

    2020 Annual Report Vision

    2020 Annual Report Vision To be the global technology leader in efficient power conveyance and energy- management solutions that enable our customers to achieve DANA their sustainability objectives. AT A Mission Our talented people power a customer-centric organization that is continuously improving the performance and efficiency GLANCE of vehicles and machines around the globe. We will consistently deliver superior products and services to our customers and will generate exceptional value for our shareholders. Established in 1904. Employing This mission is embodied in 38,000 people across 141 major our company theme: facilities in 33 countries. Shipping to 14,000 customers in 141 countries. Leveraging a global network Values of technology centers across Honesty and Integrity Good Corporate Citizenship 9 countries. Open Communication Continuous Improvement 2 Sales HIGHLIGHTS FINANCIAL $7.1 billion Adjusted EBITDA1 $593 million Diluted Adjusted EPS2 $0.39 Adjusted Free Cash Flow1 $60 million Future Sales Backlog $700 million All figures as of year-end December 31, 2020. 1 See pages 30-31 of Dana’s 2020 Form 10-K, included herein, for explanation and reconciliation of non-GAAP financial measures. 2 Diluted adjusted EPS is a non-GAAP financial measure, which we have defined as adjusted net income divided by adjusted diluted shares. See the “Quarterly Financial Information and Reconciliations of Non-GAAP Information” on Dana’s Investor Relations website at Dana.com/investors for explanation and calculation of diluted adjusted EPS. 3 SALES
  • CHINA CORP. 2015 AUTO INDUSTRY on the Wan Li Road

    CHINA CORP. 2015 AUTO INDUSTRY on the Wan Li Road

    CHINA CORP. 2015 AUTO INDUSTRY On the Wan Li Road Cars – Commercial Vehicles – Electric Vehicles Market Evolution - Regional Overview - Main Chinese Firms DCA Chine-Analyse China’s half-way auto industry CHINA CORP. 2015 Wan Li (ten thousand Li) is the Chinese traditional phrase for is a publication by DCA Chine-Analyse evoking a long way. When considering China’s automotive Tél. : (33) 663 527 781 sector in 2015, one may think that the main part of its Wan Li Email : [email protected] road has been covered. Web : www.chine-analyse.com From a marginal and closed market in 2000, the country has Editor : Jean-François Dufour become the World’s first auto market since 2009, absorbing Contributors : Jeffrey De Lairg, over one quarter of today’s global vehicles output. It is not Du Shangfu only much bigger, but also much more complex and No part of this publication may be sophisticated, with its high-end segment rising fast. reproduced without prior written permission Nevertheless, a closer look reveals China’s auto industry to be of the publisher. © DCA Chine-Analyse only half-way of its long road. Its success today, is mainly that of foreign brands behind joint- ventures. And at the same time, it remains much too fragmented between too many builders. China’s ultimate goal, of having an independant auto industry able to compete on the global market, still has to be reached, through own brands development and restructuring. China’s auto industry is only half-way also because a main technological evolution that may play a decisive role in its future still has to take off.
  • Motor Vehicle Make Abbreviation List Updated As of June 21, 2012 MAKE Manufacturer AC a C AMF a M F ABAR Abarth COBR AC Cobra SKMD Academy Mobile Homes (Mfd

    Motor Vehicle Make Abbreviation List Updated As of June 21, 2012 MAKE Manufacturer AC a C AMF a M F ABAR Abarth COBR AC Cobra SKMD Academy Mobile Homes (Mfd

    Motor Vehicle Make Abbreviation List Updated as of June 21, 2012 MAKE Manufacturer AC A C AMF A M F ABAR Abarth COBR AC Cobra SKMD Academy Mobile Homes (Mfd. by Skyline Motorized Div.) ACAD Acadian ACUR Acura ADET Adette AMIN ADVANCE MIXER ADVS ADVANCED VEHICLE SYSTEMS ADVE ADVENTURE WHEELS MOTOR HOME AERA Aerocar AETA Aeta DAFD AF ARIE Airel AIRO AIR-O MOTOR HOME AIRS AIRSTREAM, INC AJS AJS AJW AJW ALAS ALASKAN CAMPER ALEX Alexander-Reynolds Corp. ALFL ALFA LEISURE, INC ALFA Alfa Romero ALSE ALL SEASONS MOTOR HOME ALLS All State ALLA Allard ALLE ALLEGRO MOTOR HOME ALCI Allen Coachworks, Inc. ALNZ ALLIANZ SWEEPERS ALED Allied ALLL Allied Leisure, Inc. ALTK ALLIED TANK ALLF Allison's Fiberglass mfg., Inc. ALMA Alma ALOH ALOHA-TRAILER CO ALOU Alouette ALPH Alpha ALPI Alpine ALSP Alsport/ Steen ALTA Alta ALVI Alvis AMGN AM GENERAL CORP AMGN AM General Corp. AMBA Ambassador AMEN Amen AMCC AMERICAN CLIPPER CORP AMCR AMERICAN CRUISER MOTOR HOME Motor Vehicle Make Abbreviation List Updated as of June 21, 2012 AEAG American Eagle AMEL AMERICAN ECONOMOBILE HILIF AMEV AMERICAN ELECTRIC VEHICLE LAFR AMERICAN LA FRANCE AMI American Microcar, Inc. AMER American Motors AMER AMERICAN MOTORS GENERAL BUS AMER AMERICAN MOTORS JEEP AMPT AMERICAN TRANSPORTATION AMRR AMERITRANS BY TMC GROUP, INC AMME Ammex AMPH Amphicar AMPT Amphicat AMTC AMTRAN CORP FANF ANC MOTOR HOME TRUCK ANGL Angel API API APOL APOLLO HOMES APRI APRILIA NEWM AR CORP. ARCA Arctic Cat ARGO Argonaut State Limousine ARGS ARGOSY TRAVEL TRAILER AGYL Argyle ARIT Arista ARIS ARISTOCRAT MOTOR HOME ARMR ARMOR MOBILE SYSTEMS, INC ARMS Armstrong Siddeley ARNO Arnolt-Bristol ARRO ARROW ARTI Artie ASA ASA ARSC Ascort ASHL Ashley ASPS Aspes ASVE Assembled Vehicle ASTO Aston Martin ASUN Asuna CAT CATERPILLAR TRACTOR CO ATK ATK America, Inc.
  • Automotive in South Asia from Fringe to Global

    Automotive in South Asia from Fringe to Global

    Automotive in South Asia From Fringe to Global Extended Version of the Industry Case Study Done for: South Asia’s Turn Policies to Boost Competitiveness and Create the Next Export Powerhouse Priyam Saraf October, 2016 THE WORLD BANK GROUP . Acknowledgements: This case study was authored by Priyam Saraf ([email protected]), an Economist with the Trade & Competitiveness Global Practice of the World Bank Group. Michel Bacher, auto sector advisor, provided invaluable industry inputs on benchmarking with China, Vietnam, and Republic of Korea. The author is grateful to Vincent Palmade (Lead Economist, World Bank Group) for his excellent inputs and guidance throughout the process. The author would like to acknowledge the valuable comments made by the peer reviewers: Uri Dadush (Carnegie Endowment for International Peace), Navin Girishankar (World Bank Group), Pravin Krishna (Johns Hopkins University), and Shubham Chaudhuri (World Bank Group). Comments provided by Martin Rama, William Maloney, Esperanza Lasagabaster, Sanjay Kathuria, Denis Medvedev, Mike Ferrantino, Sebastian Saez, Daria Taglioni, Paramita Dasgupta, Amjad Bashir, and Jana Malinska from the World Bank and Emmanuel Pouliquen, Shamsher Singh, Arvind Srinivasan and Ramesh Ramanathan from the International Financial Corporation (IFC) helped improve the paper. Deeksha Kokas, Atisha Kumar and Lucia Garcia Velazquez provided superb research support. The author would like to acknowledge the many automotive firms and related public and private organizations that gave us their precious
  • Annual Report

    Annual Report

    ai158746681363_GAC AR2019 Cover_man 29.8mm.pdf 1 21/4/2020 下午7:00 Important Notice 1. The Board, supervisory committee and the directors, supervisors and senior management of the Company warrant the authenticity, accuracy and completeness of the information contained in the annual report and there are no misrepresentations, misleading statements contained in or material omissions from the annual report for which they shall assume joint and several responsibilities. 2. All directors of the Company have attended meeting of the Board. 3. PricewaterhouseCoopers issued an unqualified auditors’ report for the Company. 4. Zeng Qinghong, the person in charge of the Company, Feng Xingya, the general manager, Wang Dan, the person in charge of accounting function and Zheng Chao, the manager of the accounting department (Accounting Chief), represent that they warrant the truthfulness and completeness of the financial statements contained in this annual report. 5. The proposal for profit distribution or conversion of capital reserve into shares for the reporting period as considered by the Board The Board proposed payment of final cash dividend of RMB1.5 per 10 shares (tax inclusive). Together with the cash dividend of RMB0.5 per 10 shares (including tax) paid during the interim period, the ratio of total cash dividend payment for the year to net profit attributable to the shareholders’ equity of listed company for the year would be approximately 30.95%. 6. Risks relating to forward-looking statements The forward-looking statements contained in this annual report regarding the Company’s future plans and development strategies do not constitute any substantive commitment to investors and investors are reminded of investment risks.
  • Wanxiang Electric Vehicle

    Wanxiang Electric Vehicle

    WANXIANG TS16949 CERTIFIED Wanxiang Electric Vehicle © Wanxiang, 2011 WANXIANG Wanxiang Electric Vehicle TS16949 CERTIFIED 800,000 Sqr. Ft EV Battery Manufacturing Plant © Wanxiang, 2011 WANXIANG Wanxiang Electric Vehicle TS16949 CERTIFIED Wholly owned by Wanxiang Group ── the largest auto parts company in China Focus on mastering clean-energy technology ,developing saving- energy and environment-protection vehicle Development Strategy: Battery-Motor-Electrical control ── Electrical Vehicle © Wanxiang, 2011 WANXIANG Wanxiang Electric Vehicle TS16949 CERTIFIED Wanxiang Electric Vehicle and Power Batteries 7 projects Awarded by the High-Tech R&D (863) Program of China Electric buses start commercial running since 2006, accumulating millions of miles running experiences EVs and HEVs equipped with WXEV’s Electric Power Train are running in 22 major cities in China. Electric vehicles have been distributed over the country and exported abroad. © Wanxiang, 2011 WANXIANG Wanxiang Electric Vehicle TS16949 CERTIFIED Start making 100Ah LiMnO Electric buses start Production Li-ion Battery Battery EV commercial expansion running 2000 2003 2006 2007 2008 Bought Li-ion battery company in 2000; Trial run on city bus route in China in 2003; JV with City Transit Company, mass production of LiFePO4 in 2006, hundreds of electric vehicles have been equipped with WX’s batteries and have been driven millions miles. Beginning of 2009, WXEV launched into expansion of battery production, invested 1.2 Billion RMB in 1 billion Wh LiFePO4 production. WXEV
  • 2019 Toyota Land Cruiser Was My “Ride to the Ridge” for NWAPA's

    2019 Toyota Land Cruiser Was My “Ride to the Ridge” for NWAPA's

    $ June2.00 2019 VISIT www.autonewsonline.com VISIT www.autonewsonline.com “Distributed monthly for 30+ years” LARGEST CONSUMER AUTOMOTIVE NEWSPAPER IN U.S. Distributed at Retail Outlets, Auto Shows & Events 2019 Toyota Land Cruiser was my “RIDE TO THE RIDGE” for NWAPA’s Annual MUDFEST Event (See Page 9 Story) The Best Time To Buy A New Vehicle ................page 2 All New Jeep Gladiator “First Drive” .................. page 3 NWAPA Picks Gladiator As Top Truck ............... page 9 Marysville Toyota Sponsors Strawberry Festival. page 13 Rolls Royce Vancouver Wins Award................. page 14 Showcase Reviews .......................................... page 15 Brandy Falconer “Women In Auto World” ....... page 17 Legend of Auto Gala Partners ......................... page 24 Brent Smith has fond Memories of Nellie ........ page 26 Mecum Indy Auction Tops $70 Million ............ page 27 Case & Galpin Auto Groups, Ryan Falconer, Ed Justice, Jr. & Returning 2019 Toyota Land Cruiser (photo Auto News) Legends to be Honored at Legends Event by Bill McCallum by Bill McCallum in our July Issue. The Toyota Land Cruiser is the highway the Land Cruiser offers in off-road features. As we get closer to the ten year Starting this year we have cre- “big daddy” in the SUV lineup segment leading cargo space for With 10 standard interior fea- anniversary of our Legends of Auto ated a new category to honor at for Toyota. There are very few your next road trip. (81.7 cu. ft.) tures including; Entune touch- Gala Dinner (August 15, 2019) our Legends of Auto Gala Dinner changes with the Land Cruiser in With 18 safety and conve- screen audio system, Premium things are starting to take shape.
  • The Ohio Motor Vehicle Industry

    The Ohio Motor Vehicle Industry

    Research Office A State Affiliate of the U.S. Census Bureau The Ohio Motor Vehicle Report February 2019 Intentionally blank THE OHIO MOTOR VEHICLE INDUSTRY FEBRUARY 2019 B1002: Don Larrick, Principal Analyst Office of Research, Ohio Development Services Agency PO Box 1001, Columbus, Oh. 43216-1001 Production Support: Steven Kelley, Editor; Jim Kell, Contributor Robert Schmidley, GIS Specialist TABLE OF CONTENTS Page Executive Summary 1 Description of Ohio’s Motor Vehicle Industry 4 The Motor Vehicle Industry’s Impact on Ohio’s Economy 5 Ohio’s Strategic Position in Motor Vehicle Assembly 7 Notable Motor Vehicle Industry Manufacturers in Ohio 10 Recent Expansion and Attraction Announcements 16 The Concentration of the Industry in Ohio: Gross Domestic Product and Value-Added 18 Company Summaries of Light Vehicle Production in Ohio 20 Parts Suppliers 24 The Composition of Ohio’s Motor Vehicle Industry – Employment at the Plants 28 Industry Wages 30 The Distribution of Industry Establishments Across Ohio 32 The Distribution of Industry Employment Across Ohio 34 Foreign Investment in Ohio 35 Trends 40 Employment 42 i Gross Domestic Product 44 Value-Added by Ohio’s Motor Vehicle Industry 46 Light Vehicle Production in Ohio and the U.S. 48 Capital Expenditures for Ohio’s Motor Vehicle Industry 50 Establishments 52 Output, Employment and Productivity 54 U.S. Industry Analysis and Outlook 56 Market Share Trends 58 Trade Balances 62 Industry Operations and Recent Trends 65 Technologies for Production Processes and Vehicles 69 The Transportation Research Center 75 The Near- and Longer-Term Outlooks 78 About the Bodies-and-Trailers Group 82 Assembler Profiles 84 Fiat Chrysler Automobiles NV 86 Ford Motor Co.
  • Wanxiang Group Strategic Analysis

    Wanxiang Group Strategic Analysis

    Which do you think is more likely to emerge as a “national champion” in the Chinese auto industry, a private sector firm such as Wanxiang or a state­owned enterprise (SOE)? The purpose of this essay is for you to analyze the domestic competitive environment for this industry: what features are important for the success of private enterprises and SOEs in today’s China and what advantages/disadvantages do these features create for an auto sector firm? In the early 1970’s Lu Guanqiu the Founder of Wanxiang Group was easily able to compete with State‐owned Enterprises (SOEs), which were rife with agency conflicts, by focusing on human capital, research & development and political maneuvering. Nevertheless in the post reform era following the Eleventh Plenum of the CCCP and the recent establishment of SASAC, Wanxiang’s original competitive strengths are beginning to erode. In such an environment, Wanxiang’s designation as a “national champion” in the auto parts industry is far from assured. Industry Overview According to industry reports, at the end of 2006 the Chinese automotive parts industry was comprised of approximately 8,000 companies. Overall the industry was estimated to be worth $46.1 billion in 2006, with the top 10 Chinese manufacturers accounting for roughly 20% of the total revenue.1 At the assembly level, there are roughly 1500 registered auto manufacturers within China, however it is reported that fewer than 100 sold more than 10,000 vehicles in 2006.2For the past several years the auto parts industry in China has been consistently outperforming the indigenous auto manufacturing industry by significant measures.