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Daimler Annual Report 2014
Annual Report 2014. Key Figures. Daimler Group 2014 2013 2012 14/13 Amounts in millions of euros % change Revenue 129,872 117,982 114,297 +10 1 Western Europe 43,722 41,123 39,377 +6 thereof Germany 20,449 20,227 19,722 +1 NAFTA 38,025 32,925 31,914 +15 thereof United States 33,310 28,597 27,233 +16 Asia 29,446 24,481 25,126 +20 thereof China 13,294 10,705 10,782 +24 Other markets 18,679 19,453 17,880 -4 Investment in property, plant and equipment 4,844 4,975 4,827 -3 Research and development expenditure 2 5,680 5,489 5,644 +3 thereof capitalized 1,148 1,284 1,465 -11 Free cash flow of the industrial business 5,479 4,842 1,452 +13 EBIT 3 10,752 10,815 8,820 -1 Value added 3 4,416 5,921 4,300 -25 Net profit 3 7,290 8,720 6,830 -16 Earnings per share (in €) 3 6.51 6.40 6.02 +2 Total dividend 2,621 2,407 2,349 +9 Dividend per share (in €) 2.45 2.25 2.20 +9 Employees (December 31) 279,972 274,616 275,087 +2 1 Adjusted for the effects of currency translation, revenue increased by 12%. 2 For the year 2013, the figures have been adjusted due to reclassifications within functional costs. 3 For the year 2012, the figures have been adjusted, primarily for effects arising from application of the amended version of IAS 19. Cover photo: Mercedes-Benz Future Truck 2025. -
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0407GDPSUN_Classifieds4/5/20138:30PMPageD1 WWW.GWINNETTDAILYPOST.COM SUNDAY, APRIL 7, 2013 D1 PUBLIC SALES/ AU CT IONS 6SHFLDO(GXFDWLRQ&HUWL¿HG7HDFKHU-RE)DLU ER MONITORS; 6 SMALL TABLES; 2 COMPUTER TABLES; 1 AIR PURIFIER; 1 SMALL HEATER; 1 CRE- DENZA; 2 WOOD CABINETS; 1 LEATHER OFFICE CHAIR; 2 FAX MACHINES; 1 COPIER; 1 PRINTER; and 2 WOOD TABLES, the said sale to be at public outcry to the high- est cash bidder pursuant to O.C.G.A. §§11-1-201(31.1) and 11-9-610. Secured Party may offer the property individually, in lots or sell all the property as a single lot and Secured Party may bid at the said sale and credit any sums for Invest Your Tax Dollars Wisely in which it buys all or any por- tion of the property against an Exciting Career in Dentistry! the secured debt and judg- ment lien it holds against the property of Debtor. ALL Become a Dental Assistant PROPERTY BEING SOLD AS IS WITHOUT ANY WARRAN- in only 10 weeks! TIES INCLUDING ANY WAR- RANTIES OF TITLE, MER- AAAAAAAAA LOCATEDLOCATED IN BEAUTIFULBEAUTIFUL METRORO ATLANTAATLANTAAAAAAAAAAAA Gwinnett Dental Career Academy CHANTABILITY OR FITNESS FOR ANY PARTICULAR PUR- Dental Assistant Certicate Program POSE, ANY AND ALL WAR- RANTIES BEING EXPRESSLY *ZLQQHWW&RXQW\3XEOLF6FKRROV Oered on Saturdays, 10 weeks to complete. DISCLAIMED HEREBY. For more information: Any property bought will Become a part of Georgia’s Largest and Best School System! be by cash payment made gdcaweb.com upon the conclusion of the 7KHIDLULVIRUWKRVHZKRKROGFHUWL¿FDWHVRUZLOOEHFHUWL¿HGE\IDOOLQVSHFLDOHGXFDWLRQ sale to the representative of Secured Party at the sale. -
WANADA Joins NADA/IHS Automotive Forum in New York
WANADA Bulletin # 14-12 April 10, 2012 Headlines… WANADA joins NADA/IHS Automotive Forum in New York The WANADA WAS reps attend press days at NYIAS to assess industry trends and to meet with key exhibitors Bulletin was Global auto sales to double to 120 million by 2020 inadvertently NADA files more comments on issues raised at FTC Roundtables launched on April Rockville City Council discusses changes to the signage codes 6. We apologize Volkswagen Up! city car chosen World Car of the Year for any confusion Register today for the WANADA Open May 16 at Lansdowne Resort this may have caused. Staying ahead… WANADA joins NADA/IHS Automotive Forum in New York Industry spokesmen cautiously optimistic about the future Cautious optimism abounded among the speaker line up of industry notables weighing in at the NADA/IHS Automotive Forum last Tuesday, April 3, in New York as the Big Apple’s 2012 Auto Show was opening. Things are looking up in the auto industry, more so than the world economy at large, and that’s good news, particularly in comparison to the economic realities three years ago. However, there is still potential for serious setbacks to the industry and world economy. Carlos Ghosn, CEO Renault- Nissan Among the industry and allied industry representatives attending were dealer associations, including WANADA, which participated in spirited Q&A with panelists over the course of the day long Forum. Carlos Ghosn, of the Renault-Nissan Alliance, keynoted the Forum and was joined by fellow CEOs Reid Bigland, Dodge brand, Chrysler Group; Jonathan Browning, VWoA; Jim Lentz, TMS; and Ludwig Willisch, BMW/NA. -
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. -
Sustainability Report 2013
00 Umschlag_ENG_2013 20.03.14 14:25 Seite 1 Imprint and contact Key figures 2013 Imprint and contact. Key figures 2013. 01 Financial year 2013 Unit 2013 2012 2011 Corporate profile Revenue1 in millions of € 117,982 j 114,297 106,540 Operating profit/EBIT1 in millions of € 10,815 j 8,820 8,755 Profit before taxes on income1 in millions of € 10,139 j 8,116 8,449 Publisher Daimler AG, Mercedesstraße 137, Group net income in millions of € 8,720 j 6,830 6,029 70327 Stuttgart, Germany Total vehicle sales in millions 2.35 j 2.2 2.1 For the publisher Thomas Fröhlich Unit sales of Mercedes-Benz Cars 1,565,563 j 1,451,569 1,381,416 Unit sales of Daimler Trucks 484,211 j 461,954 425,756 Publications Manager Mirjam Bendak Unit sales of Mercedes-Benz Vans 270,144 j 252,418 264,193 Editing and design SLau Konzepte & Kommunikation (consulting/editing) Unit sales of Daimler Buses 33,705 j 32,088 39,741 TEQPRESS – Redaktionsbüro für Technik and different Contract volume of Daimler Financial Services in millions of € 83,538 j 79,986 71,730 editors (editing pp. 20–35) TEAMKOM Kommunikation&Design (design) Product responsibility Daimler Sustainability Report 2013. Report Sustainability Daimler EQS Group AG (interactiv online report) Research and development expenditure on environmental protection in millions of € 2,471 j 2,369 2,159 Photography Bildarchiv Daimler AG, Thinkstock (p. 24) CO2 emissions of the European fleet (vehicles from Mercedes-Benz Cars) in g CO2/km 134 l 140 150 Production Dr. -
China Weigao Reducer Success Case (Large Enterprise Version) Serial Company Name Serial Company Name
China Weigao reducer success case (large enterprise version) serial Company Name serial Company Name 1 Shanghai Automobile Group Co., Ltd. 231 Chongqing Textile Holding (Group) Company 2 Dongfeng Motor Corporation 232 Aoyang Group Co., Ltd. 3 Huawei Investment Holdings Co., Ltd. 233 Guangxi Shenglong Metallurgy Co., Ltd. 4 China Ordnance Equipment Group Corporation 234 Lingyuan Iron and Steel Group Co., Ltd. 5 China Minmetals Corporation 235 Futong Group Co., Ltd. 6 China FAW Group Corporation 236 Yongfeng Group Co., Ltd. 7 China Ordnance Industry Corporation 237 Shandong Taishan Iron and Steel Group Co., Ltd. 8 Beijing Automobile Group Co., Ltd. 238 Xinjiang Zhongtai (Group) Co., Ltd. 9 Shandong Weiqiao Venture Group Co., Ltd. 239 Guangdong Haida Group Co., Ltd. 10 China Aviation Industry Corporation 240 Jiangsu Yangzijiang Shipbuilding Group Corporation 11 Zhengwei International Group Co., Ltd. 241 Shenzhen Oufeiguang Technology Co., Ltd. 12 China Baowu Iron and Steel Group Co., Ltd. 242 Dongchen Holding Group Co., Ltd. 13 Lenovo Holdings Co., Ltd. 243 Xinjiang Goldwind Technology Co., Ltd. 14 China National Chemical Corporation 244 Wanji Holding Group Co., Ltd. 15 Hegang Group Co., Ltd. 245 Tsingtao Brewery Co., Ltd. 16 China Shipbuilding Industry Corporation 246 Tasly Holding Group Co., Ltd. 17 Guangzhou Automobile Industry Group Co., Ltd. 247 Wanfeng Auto Holding Group Co., Ltd. 18 Aluminum Corporation of China 248 Wuhan Institute of Posts and Telecommunications 19 China National Building Material Group Co., Ltd. 249 Red Lion Holdings Group Co., Ltd. 20 Hengli Group Co., Ltd. 250 Xinjiang Tianye (Group) Co., Ltd. 21 CRRC Corporation Limited 251 Juhua Group Company 22 Xinxing Jihua Group Co., Ltd. -
QYT AUTO PARTS CO., LTD Email: [email protected] ; [email protected] Whatsapp: +86 13634216230 QYT No
QYT AUTO PARTS CO., LTD Email: [email protected] ; [email protected] WhatsApp: +86 13634216230 QYT no. Description Corss Ref. Application TOYOTA;LEXUS (SO0001‐SO0300) TOYOTA CAMRY ACV40 06‐12; SO0001 Steering Tie rod ends 45470‐09090 LEXUS LEXUS ES350/ES240 07‐ TOYOTA CAMRY ACV40 06‐12; SO0002 Steering Tie rod ends 45460‐09140 LEXUS LEXUS ES350/ES240 07‐ TOYOTA CAMRY SO0003 Steering Tie rod ends 45460‐09160 ACV50(2012‐) TOYOTA CAMRY SO0004 Steering Tie rod ends 45460‐09250 ACV50(2012‐) GEELY PANDA,HAIJING,GEELY YUANJING, YUANJING 18‐, SO0005 Steering Tie rod ends 45047‐49045 YUANJINGX3,GEELY EMGRAND EC7,GEELY ENGLON ,BINRUI;BYD F0,BYD F3/F3R/G3/G3R/L3;TOYOTA COROLLA;LIFAN LIFAN 620;JAC YUEYUE GEELY PANDA,HAIJING,GEELY YUANJING, YUANJING 18‐, SO0006 Steering Tie rod ends 45046‐49115 YUANJINGX3,GEELY EMGRAND EC7,GEELY ENGLON ,BINRUI;BYD F0,BYD F3/F3R/G3/G3R/L3;TOYOTA COROLLA;LIFAN LIFAN 620;JAC YUEYUE CHANGAN RAETON;TOYOTA CAMRY2.4/3.0 (03),PREVIA ACR30 (34M); SO0007 Steering Tie rod ends 45460‐39615 LEXUS ES300/MCV30 01‐06 CHANGAN RAETON;TOYOTA CAMRY2.4/3.0 (03),PREVIA ACR30 (34M); SO0008 Steering Tie rod ends 45470‐39215 LEXUS ES300/MCV30 01‐06 BYD SURUI,SONG MAX;ZOTYE Z300; SO0009 Steering Tie rod ends 45046‐09590 TOYOTA COROLLA 07‐/VERSO 11‐/LEVIN 14‐ BYD SURUI ,SONG MAX;ZOTYE Z300; SO0010 Steering Tie rod ends 45047‐09590 TOYOTA COROLLA 07‐/VERSO 11‐/LEVIN 14‐ SO0011 Steering Tie rod ends 45464‐30060 TOYOTA REIZ/CROWN;LEXUS LEXUS IS250/300 06‐,GS300/350/430 05‐ SO0012 Steering Tie rod ends 45463‐30130 TOYOTA REIZ/CROWN;LEXUS LEXUS -
Car Wars 2020-2023 the Rise (And Fall) of the Crossover?
The US Automotive Product Pipeline Car Wars 2020-2023 The Rise (and Fall) of the Crossover? Equity | 10 May 2019 Car Wars thesis and investment relevance Car Wars is an annual proprietary study that assesses the relative strength of each automaker’s product pipeline in the US. The purpose is to quantify industry product trends, and then relate our findings to investment decisions. Our thesis is fairly straightforward: we believe replacement rate drives showroom age, which drives market United States Autos/Car Manufacturers share, which drives profits and stock prices. OEMs with the highest replacement rate and youngest showroom age have generally gained share from model years 2004-19. John Murphy, CFA Research Analyst Ten key findings of our study MLPF&S +1 646 855 2025 1. Product activity remains reasonably robust across the industry, but the ramp into a [email protected] softening market will likely drive overcrowding and profit pressure. Aileen Smith Research Analyst 2. New vehicle introductions are 70% CUVs and Light Trucks, and just 24% Small and MLPF&S Mid/Large Cars. The material CUV overweight (45%) will likely pressure the +1 646 743 2007 [email protected] segment’s profitability to the low of passenger cars, and/or will leave dealers with a Yarden Amsalem dearth of entry level product to offer, further increasing an emphasis on used cars. Research Analyst MLPF&S 3. Product cadence overall continues to converge, making the market increasingly [email protected] competitive, which should drive incremental profit pressure across the value chain. Gwen Yucong Shi 4. -
Takata Allocation Schedule V3 (01.30.2018).Xlsx
2:16-cr-20810-GCS-EAS Doc # 60-2 Filed 02/01/18 Pg 1 of 3 Pg ID 514 EXHIBIT B 2:16-cr-20810-GCS-EAS Doc # 60-2 Filed 02/01/18 Pg 2 of 3 Pg ID 515 Takata Corp OEM Allocation % Initial Consenting OEM Inflator shipping volume Initial Consenting OEM Roll‐up Units in thousands Joining OEM Non‐Consenting OEM Shipments ALL OEM Initial Consenting OEM Total PSAN Total PSAN ALL OEM # Short Name Formal Name Head office OEM Category Relationship Inflators % of total Inflators ALLOCATION % 1 Honda Honda Japan Initial Consenting OEM Honda 53,397 14.8215192% 53,419 14.8277907% 2CHAC Honda Automobile (China) Co., Ltd. China Initial Consenting OEM Roll‐up Honda Chinese JV 23 0.0062715% ‐ ‐ 3GHAC GAC Honda Automobile Co., Ltd. China Joining OEM Honda Chinese JV 3,682 1.0220562% 3,682 1.0220562% 4WDHAC Dongfeng Honda Automobile Co., Ltd. China Joining OEM Honda Chinese JV 4,323 1.2000105% 4,323 1.2000105% 5 Toyota Toyota Japan Initial Consenting OEM Toyota 44,018 12.2181997% 48,881 13.5681391% 6 NUMMI New United Motor Manufacturing, Inc. US Initial Consenting OEM Roll‐up Toyota 1,922 0.5335676% ‐ ‐ 7Daihatsu Daihatsu Motor Co., Ltd. Japan Initial Consenting OEM Roll‐up Toyota owned (100% owned) 2,908 0.8072901% ‐ ‐ 8HINO Hino Motors, Ltd. Japan Initial Consenting OEM Roll‐up Toyota affiliate 33 0.0090817% ‐ ‐ 9GTMC GAC Toyota Motor Co., Ltd. China Joining OEM Toyota Chinese JV 602 0.1671380% 602 0.1671380% 10 TFTM Tianjin FAW Toyota Motor Co., Ltd. China Joining OEM Toyota Chinese JV 3,069 0.8517936% 3,069 0.8517936% 11 SFTMCF Changchun Fengyue Company of Sichuan FAW Toyota Motor Co., Ltd. -
China Autos Driving the EV Revolution
Building on principles One-Asia Research | August 21, 2020 China Autos Driving the EV revolution Hyunwoo Jin [email protected] This publication was prepared by Mirae Asset Daewoo Co., Ltd. and/or its non-U.S. affiliates (“Mirae Asset Daewoo”). Information and opinions contained herein have been compiled in good faith from sources deemed to be reliable. However, the information has not been independently verified. Mirae Asset Daewoo makes no guarantee, representation, or warranty, express or implied, as to the fairness, accuracy, or completeness of the information and opinions contained in this document. Mirae Asset Daewoo accepts no responsibility or liability whatsoever for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. Information and opin- ions contained herein are subject to change without notice. This document is for informational purposes only. It is not and should not be construed as an offer or solicitation of an offer to purchase or sell any securities or other financial instruments. This document may not be reproduced, further distributed, or published in whole or in part for any purpose. Please see important disclosures & disclaimers in Appendix 1 at the end of this report. August 21, 2020 China Autos CONTENTS Executive summary 3 I. Investment points 5 1. Geely: Strong in-house brands and rising competitiveness in EVs 5 2. BYD and NIO: EV focus 14 3. GAC: Strategic market positioning (mass EVs + premium imported cars) 26 Other industry issues 30 Global company analysis 31 Geely Automobile (175 HK/Buy) 32 BYD (1211 HK/Buy) 51 NIO (NIO US/Buy) 64 Guangzhou Automobile Group (2238 HK/Trading Buy) 76 Mirae Asset Daewoo Research 2 August 21, 2020 China Autos Executive summary The next decade will bring radical changes to the global automotive market. -
Electrifying the World's Largest New Car Market; Reinstate At
August 31, 2016 ACTION Buy BYD Co. (1211.HK) Return Potential: 15% Equity Research Electrifying the world’s largest new car market; reinstate at Buy Source of opportunity Investment Profile Electrification is set to reshape China’s auto market and we expect BYD to Low High lead this trend given its strong product portfolio, vertically integrated model Growth Growth and high OPM vs. peers. A comparative analysis with Tesla shows many Returns * Returns * strategic similarities but BYD’s new energy vehicle business trades at a sizable Multiple Multiple discount, which we see as unjustified given its large cost savings, capacity Volatility Volatility utilization, and front-loaded investment. China’s new energy vehicle market is Percentile 20th 40th 60th 80th 100th poised to deliver c.30% CAGR (vs. 4% for traditional cars) over the next decade. BYD Co. (1211.HK) We have removed the RS designation from BYD. It is on the Buy List with a Asia Pacific Autos & Autoparts Peer Group Average * Returns = Return on Capital For a complete description of the investment 12-m TP of HK$61.93, implying 15% upside. Our scenario analysis, flexing profile measures please refer to the disclosure section of this document. sales volume and margin assumptions, implies a further 30% valuation upside. Catalyst Key data Current Price (HK$) 54.00 1) More cities in China are likely to announce local preferential policies in 12 month price target (HK$) 61.93 Market cap (HK$ mn / US$ mn) 110,705.4 / 14,270.1 the new energy vehicle (NEV) segment once the result of the subsidy fraud Foreign ownership (%) -- probe is announced. -
Daimler Annual Report 2013
Annual Report 2013. Key Figures. Daimler Group 2013 2012 2011 13/12 Amounts in millions of euros % change Revenue 117,982 114,297 106,540 +3 1 Western Europe 41,123 39,377 39,387 +4 thereof Germany 20,227 19,722 19,753 +3 NAFTA 32,925 31,914 26,026 +3 thereof United States 28,597 27,233 22,222 +5 Asia 24,481 25,126 22,643 -3 thereof China 10,705 10,782 11,093 -1 Other markets 19,453 17,880 18,484 +9 Employees (December 31) 274,616 275,087 271,370 -0 Investment in property, plant and equipment 4,975 4,827 4,158 +3 Research and development expenditure 5,385 5,644 5,634 -5 thereof capitalized 1,284 1,465 1,460 -12 Free cash flow of the industrial business 4,842 1,452 989 +233 EBIT 2 10,815 8,820 8,755 +23 Value added 2 5,921 4,300 3,726 +38 Net profit 2 8,720 6,830 6,029 +28 Earnings per share (in €) 2 6.40 6.02 5.32 +6 Total dividend 2,407 2,349 2,346 +2 Dividend per share (in €) 2.25 2.20 2.20 +2 1 Adjusted for the effects of currency translation, increase in revenue of 7%. 2 For the year 2012, the figures have been adjusted, primarily for effects arising from application of the amended version of IAS 19. Cover photo: The new Mercedes-Benz S-Class. The S-Class is not only the technological spearhead of Mercedes-Benz, but also the pacemaker for automotive development in general.