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The International Journal of Business & Management
The International Journal Of Business & Management (ISSN 2321 – 8916) www.theijbm.com THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT Why a Middle Income Country is Experiencing a Booming Auto Industrial Development: Evidence from China and its Meaning for the Developing World Bindzi Zogo Emmanuel Cedrick Ph.D Candidate, School of Economics Wuhan University of Technology, P.R. China, Hubei Province, Wuhan City, China Pr. Wei Long Professor, Wuhan University of Technology, P.R. China, Hubei Province, Wuhan City, China Abtract: From almost nothing in 1970 to the World largest manufacturer and automobile market in 2013, China has essentially focused its rapid economic progress on industrial development. This paper discusses the meaning of middle income to the developing world. It then determines the factors contributing to the growth of China auto industry. It also argues on how the fast growing of a middle income country’s auto industry could impact other developing economies. It therefore concludes that although the economic model established by China to develop its auto industry traces its basis in the diamond model’s determinants, the application of these determinants has followed a different approach backed up by a pentagram model which places the government as the primary actor in the fast transformation of China auto industry. Keywords: Middle income, growing auto industry, pentagram model, government role 1. Introduction During the last decades, the world has witnessed a faster economic development of Middle income countries. China, Brazil, India, Mexico, South Africa and more others have relatively ameliorate their industrial capabilities with positive spillovers to the rest of the world. -
Automobili Pininfarina Confirms Management Team Changes
Press Statement Embargo: 18:00 CET 25 March 2020 Automobili Pininfarina confirms Management Team changes (Munich, 25 March 2020) Automobili Pininfarina Chairman and Mahindra & Mahindra Managing Director, Dr. Pawan Goenka, today confirms the departure from the business of Automobili Pininfarina CEO Michael Perschke. With immediate effect, Per Svantesson is appointed to the role of Managing Director and CEO as an interim arrangement. Dr. Pawan Goenka said: “Michael Perschke has decided to leave his position as Managing Director and CEO of Automobili Pininfarina GmbH. His last day with the company will be 25 March 2020. Michael joined the company on 01 July 2018 and before that he was associated with us as an Advisor since October 2017. Michael was instrumental in the creation of Automobili Pininfarina’s business model and strategy. "He can look back on an impressive success story in developing a disruptive product and founding this organization. We wish to place on record our appreciation for Michael Perschke for his passionate contribution and wish him the very best for his future endeavors. "We are pleased to appoint Per Svantesson as the Managing Director and CEO for Automobili Pininfarina with immediate effect. Per has worked closely with our business since 2017 and calls upon 36 years of international experience in senior automotive industry positions. Per will now work under the guidance of the Board as we continue on our mission to make Automobili Pininfarina the most desirable and sustainable luxury electric carmaker in the world." -
Securities Report Renault (E05907)
SECURITIES REPORT 1. This document is a printed copy, with table of contents and page numbers inserted, of the data of the Securities Report under Article 24, Paragraph 1 of the Financial Instruments and Exchange Law filed on May 23, 2012 through Electronic Disclosure for Investors’ Network (EDINET) provided for in Article 27-30-2 of such Law. 2. The documents attached to the Securities Report filed as stated above are not included herein. However, a copy of the audit report is attached at the end hereof. RENAULT (E05907) (TRANSLATION) Cover Page Document Name: Securities Report Based on: Article 24, Paragraph 1 of the Financial Instruments and Exchange Law Filed with: The Director General of Kanto Local Finance Bureau Filing Date: May 23, 2012 Fiscal Year: From January 1, 2011 to December 31, 2011 Corporate Name: Renault Name and Title of Representative: Carlos Ghosn Chairman and Chief Executive Officer Location of Head Office: 13-15, Quai Le Gallo, 92100 Boulogne-Billancourt France Name of Attorney-in-fact: Tsutomu Hashimoto, Attorney-at-law Address of Attorney-in-fact: Nagashima Ohno & Tsunematsu Kioicho Building, 3-12, Kioicho, Chiyoda-ku, Tokyo Telephone Number: 03-3288-7000 Name of Person to Contact: Akiko Tomiyama, Attorney-at-law Place to Contact: Nagashima Ohno & Tsunematsu Kioicho Building, 3-12, Kioicho, Chiyoda-ku, Tokyo Telephone Number: 03-3288-7000 Place(s) of Public Inspection: Not applicable TABLE OF CONTENTS PART I CORPORATE INFORMATION I. SUMMARY OF LAWS AND REGULATIONS IN THE COUNTRY TO WHICH THE COMPANY BELONGS ............................................ 1 1. Summary of Corporate System, etc. ............................................................................... 1 2. Foreign Exchange Control System .............................................................................. -
2007 Annual Report
2007 ANNUAL REPORT 2007 KEY FIGURES* GROUP SALES WORLDWIDE: 2,484,472 VEHICLES Revenues – RENAULT SHARE: €40,682 million OPERATING MARGIN: €1,354 million Net income — RENAULT SHARE: €2,669 MILLION DIVIDEND PER SHARE: €3.80** WORKFORCE: 130,179 EMPLOYEES * Published figures. ** As proposed at the Annual General Meeting on April 29, 2008. 2007 KEY FIGURES OPERATING MARGIN* WORKFORCE* DIVIDEND PER SHARE TOTAL INDUSTRY VOLUME – REGISTRATIONS – CARS + LCVs (€ MILLION) (IN UNITS) (€) (IN UNITS) 150,000 2,500 4.0 3.80** 2003 2004 2005 2006 2007 2,115 128,893 130,179 125,128 124,277 126,584 3.5 Europe + France 17,096,627 17,561,095 17,514,551 17,773,957 18,059,825 2,000 120,000 3.10 3.0 Euromed + Americas + Asia-Africa 21,994,091 24,571,894 27,022,655 29,353,333 31,984,185 1,402 1,354 90,000 2.5 2.40 1,500 1,323 Total 39 090 718 42,132,989 44,537,206 47,127,290 50,044,010 1,063 2.0 1.80 1,000 60,000 1.5 1.40 1.0 500 30,000 0.5 RENAULT GROUP – MARKET SHARE – CARS + LCVs 0 0 0 (%) 2003 2004 2005 2006 2007 2003 2004 2005 2006 2007 2003 2004 2005 2006 2007 2003 2004 2005 2006 2007 Europe + France 11.1% 10.8% 10.4% 9.4% 8.8% Euromed + Americas + Asia-Africa 2.1% 2.3% 2.5% 2.5% 2.7% NET INCOME – RENAULT SHARE REVENUES – RENAULT SHARE SIMPLIFIED STRUCTURE OF THE RENAULT (€ MILLION) (€ MILLION) GROUP AT DECEMBER 31, 2007 RENAULT GROUP – REGISTRATIONS - CARS + LCVs 3,500 3,367 (IN UNITS) 50,000 NISSAN 15 % RENAULT 3,000 2,836 2,869 2,669 41,338 41,528 40,682 44.3% 2003 2004 2005 2006 2007 2,500 2,480 40,000 37,525 40,292 2,000 Europe + France 1,894,262 1,895,703 1,823,479 1,666,032 1,593,789 30,000 AB VOLVO RENAULT Euromed + Americas + Asia-Africa 740,707 1,500 64.5 65.4 67.2 66 67.8 20% 100% TRUCKS 460,798 561,341 682,083 861,072 20,000 1,000 MACK Total 2,355,060 2,457,044 2,505,562 2,406,562 2,454,861 500 10,000 35.5 34.6 32.8 34 32.2 RENAULT DACIA 0 0 SAMSUNG 70.1% 99. -
Page Line Company Name Brand Type Code Cat
Page Line Company Name Brand Type Code Cat. 1 1 Dongfeng Motor Co., Ltd. Dongfeng truck EQ1140L9CDF CV-H 1 2 Dongfeng Commercial Vehicle Xinjiang Co., Ltd. Dongfeng truck DFV1258GP6N CV-H 1 3 Hubei Kaili Special Purpose Vehicle Co., Ltd. Kailifeng Fecal suction truck KLF5070GXEB6 CV-H5 1 4 China National Heavy Duty Truck Group Jinan Commercial Vehicle Co., Ltd. Shande Card Truck chassis ZZ1256N56CHF1 CV-H 1 5 BYD Automotive Industry Co., Ltd. BYD Pure electric car BYD7004BEV2 PV-Car 1 6 Xuzhou Xugong Shiweiying Machinery Co., Ltd. XCMG Vehicle-mounted concrete pump truck XZS5144THB1 CV-H5 1 7 Hubei Xinchufeng Automobile Co., Ltd. Chufeng Pure electric truck chassis HQG1043EV12 CV-H 1 8 King Long United Automotive Industry (Suzhou) Co., Ltd. Hager Pure electric low-floor city bus KLQ6129GAEVN3 CV-H-Bus 1 9 Anhui Jianghuai Automobile Group Co., Ltd. JAC Pure electric truck HFC1040EV2 CV-H 1 10 Zhaoqing Xiaopeng New Energy Investment Co., Ltd. Xiaopeng Pure electric car NHQ7000BEVDL PV-Car 1 11 Zhaoqing Xiaopeng New Energy Investment Co., Ltd. Xiaopeng Pure electric car NHQ7000BEVDK PV-Car 1 12 Beijing Xingguang Lutong Audiovisual Broadcasting Technology Co., Ltd. Carrier Communication vehicle BZT5062XTX CV-H5 1 13 Zhengzhou Yutong Bus Co., Ltd. Yutong Command vehicle ZK5041XZHD61 CV-H5 1 14 Jiangsu Anqizheng Special Vehicle Equipment Co., Ltd. Anqi Zhengpai Water Purifier AQZ5180XJSZ6 CV-H5 1 15 Ningxia Heli Wanxing Automobile Manufacturing Co., Ltd. Ningqi Detachable garbage truck HLN5120ZXXE6 CV-H5 1 16 Wenzhou Dadaotong Electric Vehicle Co., Ltd. Xintailong Motorcycle XTL1000DT M-Moto 1 17 Jiangsu Anqizheng Special Vehicle Equipment Co., Ltd. -
Ritorno Al Futuro Paolo Pininfarina È Il Presidente Dell’Omonima Azienda Di Famiglia, Una Vera E Propria Eccellenza Nel Panorama Del Design E Dell’Ingegneria
INNOVAZIONE Ritorno al futuro Paolo Pininfarina è il Presidente dell’omonima azienda di famiglia, una vera e propria eccellenza nel panorama del design e dell’ingegneria. Reduce dal recente lancio della hypercar elettrica Battista, l’imprenditore ci spiega cosa deve fare un marchio storico per restare al passo con i tempi. Di Jason Barlow Foto di Luca Rotondo Paolo Pininfarina è il rampollo di una delle più grandi Il Presidente Paolo Pininfarina ci svela i trucchi del Qui non ci sono trattative o compromessi: siamo noi e dinastie nel settore automobilistico. Suo nonno Battista mestiere per rinnovare costantemente un marchio basta. Ecco perché abbiamo passato in rassegna tutti i “Pinin” Farina era il decimo di undici fratelli e fin da leggendario e mantenerlo al passo con i tempi. valori del marchio, e a mio avviso abbiamo fatto un giovanissimo dimostrò un incredibile talento in un ottimo lavoro. mondo ancora agli albori come quello delle 1 RENDERE OMAGGIO AL PASSATO quattroruote. Battista iniziò a lavorare nella Mio nonno sarebbe stato felicissimo di questa nuova 3 INTEGRARE LE NUOVE TECNOLOGIE carrozzeria del fratello Giovanni a soli 12 anni, dove tra auto, chiamata non a caso “Battista”: un nome, una L’aspetto tecnico più sorprendente di Battista è la l’adolescenza e la prima giovinezza ebbe modo di garanzia. Per tutta la vita non ha fatto altro che sognare: propulsione 100% elettrica. I motori elettrici sono il incontrare il patron della Fiat Giovanni Agnelli e Henry aveva una visione ben precisa della velocità, dell’agilità, futuro, per questo costituiscono un punto di riferimento Ford, facendo colpo su entrambi. -
2018–2019 Annual Report
LIVING THE FUTURE OF MOBILITY 2018–2019 TODAY ANNUAL REPORT Messages from the Chairman and the Chief Executive Officer 02 The all-new Clio, carrying the genes of the future 06 — A leader in electric mobility 08 — Smart island ecosystems 10 — Benefiting mobility 12 — On the road to autonomy 14 — A robo-vehicle trilogy 16 — Conquering new horizons 18 — Manufacturing enters a new era 20 — Committed to solidarity 22 — A passion for sport and excellence 24 — A new face for the Alliance 26 — or 120 years, our cars have been all about passion, invent- iveness and affordability. Today, we are continuing this success story around the world, offering improved perform- ance and innovative concepts, together with a genuine Freinvention of mobility. From smart islands and spectacular advances in autonomous and electric vehicles to the wildest concept cars, we are setting the stage for a new era of shared and sustainable mobility. Our customers have high expectations and we develop bold solutions, producing smart and safe vehicles that evoke fresh emotions and deliver unique experiences. With this same objective in view, we are stepping up our efforts across all the key areas of our DRIVE THE FUTURE strategic plan for 2022. Alongside our partners, we are also reiterating our commitment to the goals of the world’s largest automotive alliance, which celebrates its 20th anniversary this year. GROUPE RENAULT - 01 In the past year, Renault demonstrated its resilience and strength in the face of obstacles. I am especially proud to have joined this Group at a defining moment in its history. -
IM INDIA 2019 Brochure-2.Pdf
Dear Colleague, Technology advances, demographic changes, and mobility imperatives are combining in a perfect storm, launching the traditional automotive industry into unprecedented disruption. The new mantra is Autonomous, Connected, Electric and Shared. Together, they are incubating unique ecosystems, business models and value chains. The once successful hardware/products/components centred approach is floundering. Enabled by powerful digital technologies, the axis is shifting to services/software/solutions. Customer attitudes toward vehicle usership and ownership of personal modes of mobility are transforming dramatically. Access to, rather than ownership of, mobility assets is becoming more common. Simultaneously, the concept of individual vehicle ownership is yielding ground to notions of shared mobility. Innovative vehicle subscription based ownership models are meeting diverse mobility needs even while opening up the prospect of multiple monetisation opportunities for a wide range of stakeholders - car manufacturers, dealerships, maintenance and repair companies, insurance firms, technology startups, AI companies, lending companies, concierge operators - from a single car. Meanwhile, connected vehicles are also creating exciting whitespace opportunities for multiple participants at multiple levels. A unidimensional, one- size-fits-all approach is obsolete. Personalisation, made possible by connected technologies, is the next big game changer. Car as a marketplace—from which you can order and pay for your coffee, fuel or even parking - will soon become a reality. Autonomous technologies are triggering disruption in traditional supply chain and logistics models. The promise of improved productivity and efficiency for the transport and logistics sector; faster deliveries for customers; and better outcomes for online retail giants are highlighting the potential for autonomous technologies in hub-to-hub long transit, inner city delivery, and first and last mile delivery. -
PININFARINA. LA FORMA DEL FUTURO 90 ANNI DI STILE E INNOVAZIONE in MOSTRA AL MAUTO DI TORINO Dal 20 Maggio Al 12 Settembre 2021
MAGGIO 2021/COMUNICATO STAMPA PININFARINA. LA FORMA DEL FUTURO 90 ANNI DI STILE E INNOVAZIONE IN MOSTRA AL MAUTO DI TORINO Dal 20 Maggio al 12 Settembre 2021 Torino, 20 Maggio 2021 – Il MAUTO - Museo Nazionale Con le concept car ha mostrato al mondo soluzioni formali dell’Automobile di Torino inaugura oggi la mostra e tecniche affascinanti improntate al rispetto dell’ambiente “La Forma del Futuro”, uno straordinario percorso e delle risorse, ma pur sempre all’insegna del design. espositivo che racconta, con il contributo di 16 esemplari Fantasie a quattro ruote, in alcuni casi, nate per ammaliare d’eccezione, l’innata capacità di Pininfarina di costruttori e pubblico ai saloni automobilistici internazionali, immaginare il futuro e dargli forma anticipando i tempi ma portatrici di soluzioni pensate per la mobilità del futuro. e dettando le tendenze. Una selezione di prototipi di In altri, ricerca spinta o in risposta a tematiche ecologiche ricerca, dream car e vetture esclusive che testimoniano e crisi energetiche, con particolare insistenza su forme il genio espresso dalla casa di design italiana più famosa aerodinamiche e tecnologie e materiali alternativi in grado al mondo nel corso di tre generazioni e oltre 90 anni di di rendere i mezzi di trasporto più leggeri e meno inquinanti. storia, con un approccio progettuale che, combinando Modelli che esplorano e influenzano le nuove tendenze stile e funzione, ha segnato l’evoluzione dell’automobile. estetiche e tecnologiche. Alcuni evolutivi, altri estremi, fuori dai canoni estetici della loro epoca. E anche esemplari che Da sempre Pininfarina progetta pensando al futuro, per la modernità e l’unicità della loro forma sono diventati perché il futuro sia migliore anche nell’idea di automobile. -
2008 Registration Document
2008 REGISTRATION DOCUMENT CONTENTS RENAULT AND THE GROUP 3 RENAULT AND ITS SHAREHOLDERS 165 0 1 1.1 Presentation of Renault and the Group 4 05 5.1 General information 166 1.2 Risk factors 24 5.2 General information about Renault’s share 1.3 The Renault-Nissan Alliance 26 capital 168 5.3 Market for Renault shares 172 5.4 Investor relations policy 176 MANAGEMENT REPORT 43 02 2.1 Earnings report 44 2.2 Research and Development 63 MIXED GENERAL MEETING OF 2.3 Risk management 69 06 MAY 6, 2009 PRESENTATION OF THE RESOLUTIONS 179 The Board first of all proposes the adoption of SUSTAINABLE DEVELOPMENT 83 eleven resolutions by the Ordinary General Meeting 180 Next, nine resolutions are within the powers of 3.1 Employee-relations performance 84 03 the Extraordinary General Meeting 182 3.2 Environmental performance 101 3.3 Social performance 116 3.4 Renault, a responsible company 127 FINANCIAL STATEMENTS 187 3.5 Table of objectives 129 07 7.1 Statutory auditors’ report on the consolidated financial statements 188 7.2 Consolidated f inancial s tatements 190 CORPORATE GOVERNANCE 135 7.3 Statutory Auditors’ reports on the parent 04 4.1 The Board of Directors 136 company only 252 4.2 Management bodies at March 1, 2009 146 7.4 Renault SA parent company 4.3 Audits 149 financial statements 255 4.4 Interests of senior executives 150 4.5 Report of the Chairman of the Board, pursuant to Article L. 225-37 of French ADDITIONAL INFORMATION 273 Company Law (Code de commerce) 156 08 8.1 Person responsible 4.6 Statutory auditors’ report on the report of for the Registration document 274 the Chairman 163 8.2 Information concerning FY 2007 and 2006 275 8.3 Internal regulations of the Board of Directors 276 8.4 Appendices relating to the environment 282 8.5 Cross reference tables 288 REGISTRATION DOCUMENT REGISTRATION 2008 INCLUDING THE MANAGEMENT REPORT APPROVED BY THE BOARD OF DIRECTORS ON FEBRUARY 11, 2009 This Registration document is on line on the Web-site www.renault.com (French and English versions) and on the AMF Web-site www.amf-france.org (F rench version only). -
Renault Not to End Tie-Up with Mahindra & Mahindra
Mar 18, 2010 16:18 IST Renault not to end tie-up with Mahindra & Mahindra French auto major Renault on Wednesday said it was not going to end tie-up with Mahindra & Mahindra over their joint venture that sells Logan, stressing that the car will continue to ply on the Indian roads. The company said that it will announce details of reworked pact with M&M by April. Mahindra Renault Pvt Ltd, the joint venture in which the French automaker holds 49 per cent, has been struggling to sell Logan with sales declining to just 4,981 units in April- February 2009-10, down 60.03 per cent from the year-ago period. While M&M wants to tweak the specifications of Logan to make it smaller in order to qualify for excise benefits on small cars, Renault has been against it thereby putting strain on their partnership. “We are discussing (with M&M) how to reposition the car and how to simplify the organisation and it looks like we need to be more nimble and little fast with the market,” Renault Chairman and Chief Executive Officer Carlos Ghosn said. He said so far the conclusion has not been drawn. “The day we reach a conclusion we will communicate with you...it is too early to talk to you on what decision will be taken.” On the poor sales performance of Logan, Ghosn said: “We are obviously not very satisfied with the evolution of sales of Logan and we have shared it with M&M.” He, however, reiterated that despite the differences with M&M, the Logan will stay in Indian market. -
DS Automobiles Annonce Un Modèle Surprise Les Peugeot 3008 Et 308
Vendredi 13 Avril 2018 DS Automobiles annonce un modèle surprise C’est sur Twitter qu'Yves Bonnefont, directeur général de DS Automobiles, a annoncé une surprise concernant la gamme de la marque. Une vidéo Instagram de Thierry Metroz, directeur du style de la marque, dévoile quant à elle partiellement un modèle électrifié haute performance, à l’aspect plutôt conceptuel. Rendez-vous est donné le 14 avril à 9h00 pour davantage de détails. L’électrification de la gamme est une des priorités de la marque, et plus globalement du Groupe PSA. L’indépendance de DS Automobiles par rapport à Citroën, officialisée en 2015, s’est matérialisée par la commercialisation il y a quelques mois du véhicule de loisir DS 7 Crossback, premier modèle d’une toute nouvelle gamme composée d’un nouveau produit lancé par an, et ce jusqu’en 2021. Prochain sur la liste, le DS 3 Crossback, puis une grande routière, dont le nom n’a pas encore été dévoilé. Les remplaçantes des DS 4 et DS 4 Crossback, dont l’arrêt de la production vient d’être décidé, viendront compléter la gamme à l’horizon 2020. Chacun de ces modèles bénéficiera d’une version électrifiée, dont le DS 7 Crossback, en version hybride rechargeable E-Tense, qui sera disponible mi-2019, et le DS 3 Crossback, vraisemblablement en version 100 % électrique. (JOURNALAUTO.COM 12/4/18) Les Peugeot 3008 et 308 récompensés aux prix Best Cars Le jury des lecteurs de l’Automobile Magazine a élu le Peugeot 3008 meilleur SUV compact et la 308 meilleure compacte lors de la 24ème édition des prix Best Cars.