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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. -
Baltic Rim Economies
Baltic Rim Economies Estonia - Latvia - Lithuania - Poland - Baltic Russia Bimonthly Review ISSUE NO. 5, 31 OCTOBER 2008 ECONOMIC REVIEWS: ESTONIA Page 1 LATVIA Page 2 LITHUANIA Page 3 POLAND Page 4 ST. PETERSBURG Page 5 LENINGRAD REGION Page 6 KALININGRAD REGION Page 7 EXPERT ARTICLES: José Manuel Durão Barroso: EU Strategy for the Baltic Sea Region Page 8 Paula Lehtomäki : Cleaner, safer and brighter future of the Baltic Sea Page 9 Jaak Aaviksoo: Events in Georgia provoke discussions on security in good, old, peaceful Europe Page 10 Siiri Oviir: Gas pipeline to the Baltic Sea – should it come in a civilized way or under the dictate of the big and the powerful? Page 12 Artis Pabriks: Baltic security reflections in the aftermath of the Russian-Georgian conflict Page 13 Efthimios E. Mitropoulos: Busy Baltic to benefit from global pollution measures Page 14 Jari Luoto: EU focuses on the Baltic Sea Page 15 André Mernier: A role for the Energy Charter in a new Russia-EU Partnership Agreement Page 16 Timo Rajala: Finland is facing major energy decisions Page 18 Karlis Mikelsons: Environmentally friendly for sustainable growth Page 19 Reinier Zwitserloot: Nord Stream – making more European energy solidarity possible Page 20 Viktoras Valentukevicius: Current and future activities of Lietuvos Dujos AB Page 21 Seppo Remes: Russian gas can unite Europe – if we allow it Page 22 Aleksandra Mierzyńska and Krzysztof Parkoła: PGNiG – trying to be one step further Page 24 Tapio Reponen: Profiling as a key success factor in modern university strategies Page 25 EXPERT ARTICLES CONTINUED ON NEXT PAGE To receive a free copy, print or register at www.tse.fi/pei Baltic Rim Economies ISSUE NO. -
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. -
Why the Russians Backed the Opel-Magna-GAZ Deal??
Why the Russians backed the Opel-Magna-GAZ deal?? Evolution of Russian Market PC Regs. Credit: R L Polk Keep three facts in mind: the Russian car market will be the largest in ‘Europe’ by 2012. The average amount people are willing to spend on a car is rising rapidly ($21,700 in 2008). Foreign car makers are taking a growing slice of the market away from domestic producers. Potentially, Russia is one of the globe’s ‘prize’ markets and its domestic car makers do not intend to give it all away to foreigners. Since the collapse of the Soviet Union in 1991, the car market in Russia has split into two broad geographic segments: in west Russia, the affluent ‘have’ buyers acquire cars that match European standards. They are mostly full or Russian-built imports; in east Russia, the majority ‘have-nots’ buy cheaper, domestic cars. The challenge facing the domestic producers is that their customer base want cars of similar standards as the imports. Domestic and Foreign Shares of the lucrative Russian Car Market 2002 - 2008 So, what’s the problem? To start with, domestic cars are still plagued with sub-standard suppliers and counterfeit after-market parts. Quality control in the factory’s is embryonic, so electrical and trim parts are poor, engineering in unreliability. To cap it all, many domestic brands are tarnished by their terrible reputation established in the ‘90’s—with the fall of the Soviet Union—when production quality collapsed as they couldn’t pay their workers. Another obstacle is emissions compliance. Most domestic cars meet Euro 0 standards and only in 2010 will Euro 2 be required. -
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. -
Brochure (.Pdf)
COMPANY PROFILE Sumitomo Riko Company Limited Founded: December 1929. Work force: Headquarter: From October 1st 2014 Higashi 3-1 is a member of Sumitomo Group Capital: ¥ 12,145 million about 24,000 worldwide. Komaki, 485-8550 TOKAI RUBBER INDUSTRIES, LTD (Ranked 14th place on Largest 100 (90 million euro). Listed on the First Section of OEM suppliers) with more than 80 Tokyo StockExchange and Na- Aichi Prefecture - Japan year of experience in Automotive Tu rnover: 3,542 billion euro goya Stock Exchange,TOPIX (Nagoya metropolitan area). SUMITOMO RIKO Company Limited Components. (fi scal year 2016). index. portfolio is spread between. Hello to all of you example of how an organization ABOUT can transform itself to keep at the My name is Yoji Suzuki and I’m forefront of industry demands. US President of Automotive Hose Business Headquarters Our Corporate Philosophy is right balance of Human Resources As SumiRiko, we have stayed Development putting value on in business for over 40 years by Employees, Fair Business with our listening to our customers and Customers & Suppliers Sharehold- building one-on-one relationships. ers Satisfaction, and Respect for We are a company with core Community in which we live and values, but we also recognize the on which we act day by day. importance of constantly innovat- ing and adapting to new ways of Our Goals for the Future is ensur- doing business and technology. ing that we will continue to be a corporation trusted by people SumiRiko has been founded around the world as one of the around 1977. In 2013 we have unique and indispensable been selected by Sumitomo Riko Sumitomo Riko Group Company. -
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 -
Volkswagen Truck & Bus and Russian GAZ Group Sign Letter of Intent
Volkswagen Truck & Bus and Russian GAZ Group sign letter of intent • The core of the letter of intent is to look into possibilities of a strategic partnership between Volkswagen Truck & Bus and GAZ Group • Signing with the participation of the Governor of Nizhniy Novgorod, Valery Shantsev • Andreas Renschler: “With this bilateral letter of intent, we are taking another important step in our Global Champion strategy and are clearly demonstrating our commitment to the Russian market.” • Manfred Eibeck: “Expansion of cooperation between the GAZ Group and Volkswagen Truck & Bus will make it possible to explore our capabilities for the development in commercial transport segments.” Nizhniy Novgorod, June 15, 2017 – Today, Volkswagen Truck & Bus and the GAZ Group, a part of Russian Machines Corporation consolidating the machine-building assets of the Basic Element Group, signed a letter of intent in Nizhniy Novgorod, Russia, which will enable the companies to identify the possibilities for a long-term strategic partnership. The main focus will be on the delivery and joint assembly of components as well as joint product concepts. The Volkswagen Truck & Bus Group with its brands MAN, Scania, and Volkswagen Caminhões e Ônibus as well as the GAZ Group, which is the largest manufacturer in Russia of light-, medium- and heavy-duty commercial vehicles, already have a long-standing partnership in the bus sector. Now, this relationship of trust is to be intensified to the mutual benefit of both companies. Volkswagen Truck & Bus has a comprehensive portfolio of technologies as well as an extensive international sales network. As the largest manufacturer of vans, trucks, buses, and passenger cars in its home market, the GAZ Group has an excellent local competence and infrastructure. -
LADA Granta Sport. Дорожная Версия
AVTOVAZ Press-Info December, 17 Togliatti _______ Jean-Philippe Salar will lead LADA Design team Effective January 1, 2021, Jean-Philippe Salar will take a position of Vice-President, LADA Design Director. Steve Mattin, who acted in this position for the past 9 years, took a decision to step off the operational activities for personal reasons. Jean-Philippe Salar, born in 1973, is coming to AVTOVAZ from position of the Design Director for Groupe Renault in Eastern Europe (based in Bucharest), where he worked for the past 5 years and was in charge of the design development of all the Dacia line-up (Duster, new Sandero, new Logan, including Arkana for Russia). In 2013-2015 Mr Salar headed the design team at Renault Samsung Motors in Korea, in 2008-2013 worked in position of studio chief designer in charge of the Renault Design Center Mumbai in India. Mr Caracatzanis stated: “Steve has successfully led the team at LADA Design. He has been fully engaged in the LADA design renewal for 9 years and is a key contributor to the strong renewal of the LADA model line-up. I thank him for these major achievements and I am happy that Steve has accepted my proposal to continue his relationship with AVTOVAZ as my advisor. I wish Mr Salar all the best in the new position and count on his strong contribution in implementation of the LADA ambitious product plan.” _______ Additional information: AVTOVAZ Group is part of Groupe Renault and manufactures cars in full production cycle and auto components for 3 brands: LADA, Renault, Datsun. -
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.