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After the Landwind Disaster, ADAC Will Also Crash the Brilliance Limousine BS6 No ESP, Just Two Airbags and a 2-Star Safety Rating Munich
+++ Exclusive +++ December 10, 2006 +++ Exclusive +++ published in issue 25/2006 on December 11, 2006 After the Landwind disaster, ADAC will also crash the Brilliance limousine BS6 No ESP, just two airbags and a 2-star safety rating Munich. German auto club ADAC will smash after the China-built SUV Landwind also the new Brilliance BS6 limousine, which will launched this month in Europe. "We will do a crash test for sure. But we will test a car that we purchase, not one that is given to us [by the carmaker]," an ADAC spokesman told Automotive News Europe (ANE). He said the test "may happen within days or weeks." The BS6 has no ESP, just two airbags and the car received only two out of 5 stars in Euro NCAP-style crash test carried out by the TÜV Nord German testing organization. Last year the Chinese automaker Jiangling Motors Company stopped sale of the China-built Landwind SUV after it badly failed an ADAC-run crash test. Hans-Ulrich Sachs, managing director HSO Motors Europe, Brilliance's importer for Europe, is confident that Brilliance's market launch will not be stalled because of safety concerns. "We have two small things that we have to correct," he told ANE. The BS6 sedan is due to arrive at European dealers this month. The car is built by Chinese automaker Brilliance Jinbei Automotive in a joint-venture factory with BMW in Shenyang, near China's border with North Korea. The plant also builds BMW's 3- and 5-series models for China. Mercedes: More components from eastern Europe Stuttgart. -
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. -
Branchenprofil Automotive.Pdf
BRANCHENPROFIL - Automotive - Die Region Die Region Heilbronn-Franken ist mit 4.765 km² flächenmäßig die größte Region des Landes Baden-Württemberg und zählt ca. 900.000 Einwohner. Heilbronn-Franken ist Teil der Europäischen Metropolregion Stuttgart und fungiert als einer ihrer Motoren. Die Wirtschaftsstruktur in Heilbronn-Franken ist überdurchschnittlich stark vom Verarbeitenden Gewerbe und damit durch eine hohe Industriedichte geprägt. Nichtsdestotrotz trägt der Dienstleistungssektor und dabei speziell die unternehmensnahen Dienstleistungen mehr als die Hälfte zum Bruttoinlandsprodukt bei. Im Hinblick auf die Branchenvielfalt ist die Wirtschaft in Heilbronn-Franken sehr breit aufgestellt. Gemessen an der Einwohnerzahl weist die Region bundesweit die höchste Dichte an Weltmarktführern auf. Dies steht für Innovation, Internationalität und Stabilität. Denn in der überwiegenden Anzahl gehören die rund 80.000 Unternehmen der Region zu den Familienunternehmen und weisen darüber hinaus sehr häufig mittelständische Strukturen auf. In den Kernbranchen der Region haben sich über die Jahrzehnte hinweg zahlreiche Clusteransätze entwickelt, die ein breites Arbeitsplatzangebot für Sie bereithalten. Was kennzeichnet diesen Branchenschwerpunkt? - Schlüsselbranche im Stadt- und Landkreis Heilbronn - Mehr als 26.000 Beschäftigte direkt in den Unternehmen der Automobilindustrie - Zusätzlich mehrere tausend Beschäftigte mit Bezug zur Automobilbranche (Elektronikhersteller, Ingenieurdienstleister, Softwarehäuser, etc.) - Die gesamte Automotive-Wertschöpfungskette -
CHINA FIELD TRIP May 10Th –12Th, 2011
CHINA FIELD TRIP May 10th –12th, 2011 This presentation may contain forward-looking statements. Such forward-looking statements do not constitute forecasts regarding the Company’s results or any other performance indicator, but rather trends or targets, as the case may be. These statements are by their nature subject to risks and uncertainties as described in the Company’s annual report available on its Internet website (www.psa-peugeot-citroen.com). These statements do not reflect future performance of the Company, which may materially differ. The Company does not undertake to provide updates of these statements. More comprehensive information about PSA PEUGEOT CITROËN may be obtained on its Internet website (www.psa-peugeot-citroen.com), under Regulated Information. th th China Field Trip - May 10 –12 , 2011 2 PSA in Asia – Market Forecast, PSA in China: ongoing successes and upsides Frédéric Saint-Geours Executive VP, Finance and Strategic Development Grégoire Olivier, Executive VP, Asia Table of contents Introduction China: the new auto superpower China: a global economic power The world’s largest automotive market The growth story is set to continue PSA in China China: a second home market for PSA 2 complementary JVs Key challenges in China and PSA differentiation factors A sustainable profitable growth Extending the Chinese Success ASEAN strategy Capturing the Indian opportunity th th China Field Trip - May 10 –12 , 2011 4 PSA – a global automotive player (1/2) > 39% of PSA’s 2010 sales are realized outside of Europe, of -
FUTURE MOBILITY EUROPE an Automotive World Virtual Summit Sponsorship Pack
13-14 July 2021 Virtual Summit FUTURE MOBILITY EUROPE An Automotive World Virtual Summit Sponsorship Pack We're taking our two-day Future Mobility Europe conference online for 2021. Free tickets are available to automakers and Automotive World members. 500+ delegates 50+ speakers An Automotive World event Sponsorship Opportunities Headline Sponsor £4,950 Exclusive billing as ‘Headline Sponsor’ Logo in the most prominent position on the virtual summit website and all promotional materials 30-minute ‘Deep Dive’ presentation opportunity Executive speaking opportunity on one of our expert panels Delegate report for the sessions in which your experts participate Ten delegate passes Executive interview (minimum 750 words) created by our in- house editorial team and published on AutomotiveWorld.com 2 FUTURE MOBILITY EUROPE Sponsorship Opportunities Sponsor £3,250 Billing as 'Sponsor' on the virtual summit website and all promotional materials 30-minute 'Deep Dive' presentation opportunity Delegate report for the session in which your expert participates Five delegate passes “ The keynotes, panel discussions, location and overall format were all very good. Thank you! ” Technical Market Analyst, Magna An Automotive World event Which topics do we cover? • The autonomous vehicle – when, where, how and for whom? • Autonomous vehicle perception systems • Autonomous vehicle testing • Autonomous vehicle software • AI and the autonomous vehicle • How safe is the autonomous vehicle? • How do you monetize connected vehicle data? • Connected vehicle data -
Groupe Renault and Jmcg Officially Establish a Joint Venture for Electric Vehicles in China
PRESS RELEASE 20190717 GROUPE RENAULT AND JMCG OFFICIALLY ESTABLISH A JOINT VENTURE FOR ELECTRIC VEHICLES IN CHINA • Groupe Renault will increase its share capital by RMB 1 billion to become a major shareholder of JMEV with a 50% stake. BoulogneBillancourt, July 17, 2019 – Groupe Renault and Jiangling Motors Corporation Group (JMCG) announced the official establishment of their joint venture to further promote the development of the EV industry in China, following a first agreement on December 20, 2018. Groupe Renault will increase its share capital by RMB 1 billion (about 128.5 million euros) to become a major shareholder of JMEV with a 50% stake. JMEV has already completed business license registration. This cooperation is part of the overall strategy of JMCG and Groupe Renault. Through this joint venture, Groupe Renault will be able to expand its influence in China’s electric vehicle market, while JMCG will be able to integrate and leverage more resources, which will promote its rapid growth in the future. China is a key market for Groupe Renault. This partnership in electric vehicle business with JMCG will support our growth plan in China and our EV capabilities. As a pioneer and leader in the European EV market for 10 years, we will capitalize on our experience in EV R&D, production, sales and services, said Mr. Francois Provost, Senior Vice President, Chairman of China Region, Groupe Renault. Adhering to the concept of openness and cooperation, JMCG is one of the first domestic enterprises to introduce international strategic partners. By partnering with Groupe Renault, JMEV will be able to elevate its comprehensive competitiveness to a new level and penetrate into China’s electric vehicle market, said Mr. -
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. -
Making a Beeline for Unterlüss
The magazine of Rheinmetall Automotive ISSUE 02/2019 TRUSTWORTHY SUPPLY CHAINS When profitability and CSR work in tandem FULL THROTTLE INTO THE ENERGY TRANSITION Pistons for eco-friendly gas-engine power plants booming // MAKING A BEELINE FOR UNTERLÜSS Heather honey is a delicacy much in demand EDITORIAL/CONTENTS 10 FULL THROTTLE EVENTFUL TIMES INTO THE ENERGY The IAA 2019 in Frankfurt is just TURNAROUND around the corner, and this in quite stormy times for the automobile Large-bore pistons from industry. More than ever, the focus is Rheinmetall Automotive also on climate change and hence also CO 2 ensure highly efficient production emissions from vehicles. The Fridays in gas-fired power plants. for Future movement is making the headlines and putting massive pres- sure on politics, business, and society. The wind of change is not just blowing, it is raging in all areas of daily life. So, in this issue of Heartbeat, we will not only deal with the usual topics such as cutting consumption and emis- sions and our contribution. This time, for example, it is also about a power plant that is highly efficient and clean thanks to our piston technology. It’s about hydrogen powertrains, bicycles, e-mobility, drones and (in fact) bees. Read on to find out how all this is interrelated. Enjoy! THE WILD WORLD HIGHLIGHTS OF ENGINES 8 Peter Hartung Head of Corporate Communications 4 Latest news from Rheinmetall Automotive Rheinmetall Automotive AG Viking style rally Spectacular stunts at the Icelandic Formula Offroad FOCUS // IMPRINT Published by: Rheinmetall Automotive AG, Karl-Schmidt- 10 Straße 2–8, 74172 Neckarsulm, Germany www.rheinmetall-automotive.com Full throttle into the energy Responsible: Peter Hartung, Folke Heyer; Edited by: Richard transition Backhaus, Folke Heyer, Sabine Höfler, Dr. -
Annual Report Rheinmetall Ag
Annual Report Rheinmetall ag 2012 Rheinmetall in figures Rheinmetall Group indicators 2008 2009 2010 2011 2012 Sales million 3,869 3,420 3,989 4,454 4,704 Order intake million 3,780 4,649 3,974 4,189 5,311 Order backlog (Dec. 31) million 3,683 4,940 5,136 4,950 5,405 EBITDA million 411 180 464 538 495 EBIT million 245 15 297 354 301 EBT million 193 (46) 229 295 239 Net income million 142 (52) 174 225 190 Cash flow million 308 120 344 402 372 Capital expenditures million 200 145 189 207 238 Amortization/depreciation/impairment million 166 165 167 184 194 Total equity million 1,080 1,134 1,355 1,546 1,461 Total assets million 3,612 3,835 4,460 4,832 4,899 EBIT margin in % 6.3 0.4 7.4 7.9 6.4 ROCE in % 12.5 0.8 14.6 14.9 11.7 Stock price, annual high 53.81 44.74 60.17 66.46 47.23 Stock price, annual closing 22.90 44.74 60.17 34.24 36.40 Stock price, annual low 16.82 20.41 42.50 30.35 31.36 Earnings per share (EpS) 4.09 (1.60) 4.23 5.55 5.00 Dividend per share 1.30 0.30 1.50 1.80 1.80 Employees (Dec. 31) according to capacity 21,020 19,766 19,979 21,516 21,767 Rheinmetall stock price trend in comparison to DAX and MDAX An overview of the Rheinmetall Group North America South America Europe Canada Brazil Austria Italy Mexico Czech Republic Netherlands USA France Norway Germany Sweden Great Britain Switzerland Greece Spain Defence Combat Systems Combat Platforms Infantry Protection Systems Propulsion Systems Combat International Electronic Solutions Air Defence Systems Defence Electronics Electro-Optics Simulation and Training Wheeled Vehicles -
State of Automotive Technology in PR China - 2014
Lanza, G. (Editor) Hauns, D.; Hochdörffer, J.; Peters, S.; Ruhrmann, S.: State of Automotive Technology in PR China - 2014 Shanghai Lanza, G. (Editor); Hauns, D.; Hochdörffer, J.; Peters, S.; Ruhrmann, S.: State of Automotive Technology in PR China - 2014 Institute of Production Science (wbk) Karlsruhe Institute of Technology (KIT) Global Advanced Manufacturing Institute (GAMI) Leading Edge Cluster Electric Mobility South-West Contents Foreword 4 Core Findings and Implications 5 1. Initial Situation and Ambition 6 Map of China 2. Current State of the Chinese Automotive Industry 8 2.1 Current State of the Chinese Automotive Market 8 2.2 Differences between Global and Local Players 14 2.3 An Overview of the Current Status of Joint Ventures 24 2.4 Production Methods 32 3. Research Capacities in China 40 4. Development Focus Areas of the Automotive Sector 50 4.1 Comfort and Safety 50 4.1.1 Advanced Driver Assistance Systems 53 4.1.2 Connectivity and Intermodality 57 4.2 Sustainability 60 4.2.1 Development of Alternative Drives 61 4.2.2 Development of New Lightweight Materials 64 5. Geographical Structure 68 5.1 Industrial Cluster 68 5.2 Geographical Development 73 6. Summary 76 List of References 78 List of Figures 93 List of Abbreviations 94 Edition Notice 96 2 3 Foreword Core Findings and Implications . China’s market plays a decisive role in the . A Chinese lean culture is still in the initial future of the automotive industry. China rose to stage; therefore further extensive training and become the largest automobile manufacturer education opportunities are indispensable. -
2009-Mmrc-269
MMRC DISCUSSION PAPER SERIES No. 269 The Role of International Technology Transfer in the Chinese Automotive Industry Zejian Li, Ph.D. Project Research Associate Manufacturing Management Research Center (MMRC) Faculty of Economics, THE UNIVERSITY OF TOKYO July 2009 東京大学ものづくり経営研究センター Manufacturing Management Research Center (MMRC) Discussion papers are in draft form distributed for purposes of comment and discussion. Contact the author for permission when reproducing or citing any part of this paper. Copyright is held by the author. http://merc.e.u-tokyo.ac.jp/mmrc/dp/index.html The Role of International Technology Transfer in the Chinese Automotive Industry Zejian Li, Ph.D. (E-mail: [email protected]) Project Research Associate Manufacturing Management Research Center (MMRC) Faculty of Economics, THE UNIVERSITY OF TOKYO May 2009 Abstract The so called Independent Chinese Automobile Manufacturers (ICAMs), such as CHERY, Geely and BYD, emerged at the end of 1990's as new entrants to Chinese passenger vehicle market and have achieved remarkable growth. The phenomenon of these autonomous Chinese Automakers is drawing increasing attention not only from academia but also from business and government circles. This paper attempts to clarify the relationship between emergence of ICAMs and International Technology Transfer. Many scholars indicate the use of outside supplies (of engines and other key-parts), as a sole reason for high-speed growth of ICAMs. However, the internal approach, at a level of how companies act, is also necessary to outline all the reasons and factors that might contribute to the process. This paper, based on organizational view, starts from historical perspective and clarifies the internal dynamics of the ICAMs. -
China Autos 2020 Outlook – Slow Lane to a Full Recovery
2 December 2019 China EQUITIES China autos Macquarie China auto coverage 2020 outlook – slow lane to a full recovery Name Ticker Price Rating TP +/- Brilliance 1114 HK 8.17 Outperform 10.10 23.6% Dongfeng 489 HK 7.64 Outperform 8.10 6.0% Key points GAC 2238 HK 8.52 Outperform 9.60 12.7% SAIC Motor 600104 CH 23.04 Outperform 31.50 36.7% Cautious outlook for 2020 PV demand, mainly considering weak demand Nexteer 1316 HK 6.66 Outperform 12.15 82.4% from lower-tier cities, increased household leverage and rising CPI. Minth 425 HK 27.30 Outperform 25.80 -5.5% Geely 175 HK 15.08 Neutral 11.20 -25.7% We expect to see further relaxation of the license plate quota in 2020. Yutong Bus 600066 CH 14.31 Neutral 12.70 -11.3% BAIC 1958 HK 4.51 Neutral 4.20 -6.9% Sector preference: higher-end > lower-end > NEVs. Near-term risks on the BYD 1211 HK 38.15 Underperform 20.70 -45.7% downside. OP: Brilliance, DFG, GAC; UP: GWM, BYD, CATL. CATL 300750 CH 87.41 Underperform 60.30 -31.0% Great Wall 2333 HK 6.04 Underperform 3.70 -38.7% Changan-B 200625 CH 3.54 Underperform 3.10 -12.4% Changan-A 000625 CH 8.31 Underperform 3.60 -56.7% Conclusions Note: updated as of 28 November closing prices; Prices are denominated in Rmb for A-share stocks, and HKD for A slow road back to recovery: We lower our 2020 China auto sales by 5% B/H-share stocks.