-09 Scan auto market in 26 (22 June -6 29)

 Key information from the National Federation of daily news
by automobile this week outlined:
1,6 month high as the market inevitably start
6   passenger car market downturn, but the subsequent rapid recovery situation. from the passenger car market by the Federation of the narrow track to see, in June compared with the fourth week of the third week of manufacturers sales increased by 15%, but lower than the fourth week of sales in May dropped by nearly 20%, due in May with only four weeks of work time, So in June compared with May last week this week, the decline is entirely reasonable. As the number of days in June than in May more than 3 days, and sales picked up in recent weeks, the narrow passenger car sales at the weekend has reached the fourth May 92% of all sales in May, the last two days of sales theory should be 9%, 15% is actually easy, the key manufacturers of determination. it is expected June sales of narrow high passenger car manufacturers should be grasp.
see from the internal communication by the Federation, the retail trend this week picked up slightly last week, June narrow high passenger car retail sales should also be sure.
2, in the breakout success of high-end cars.
6 months to high-end cars in the fourth week in June 2008 full-year growth has reached 28% in January, the full restoration of activity in the high-end cars. The growth of the main models and the Regal is the sudden emergence of new Teana revitalization, Reiz , such as the Camry better growth.
function from the sub-market perspective, the work in the business market is much smaller than the impact of high-end cars by MPV, while the private market, Reiz, the new Regal, MA 6, etc. private sports to demonstrate high growth market.
mid-luxury cars as 5 has begun to show signs of recovery, more prominent increase in June, 09-year rise in sales of luxury cars will become a foregone conclusion, combined with luxury cars made good profits, The narrow 09 passenger cars will be more satisfactory profit growth.
from the factory to see the trend, in June of the largest passenger car market is characterized by a strong rebound in Japanese companies. support the first half of the auto market is important engine of growth is the different types of enterprises The resumption of high growth .6 echelon of the Department of Enterprise outstanding Toyota Camry, Reiz growth is better, Honda also increase. This makes from its own brand, South Korea, Department of the echelon of Japanese high-growth, coupled with the public system consistently strong growth in passenger car market to ensure that the narrow record highs.
3, the automotive industry has already entered the cycle of increasing production and income
according to the National Bureau of machinery manufacturing industry from January to May 2009 statistics:
A, 09 in 1-5 months, the automobile industry, machinery manufacturing output accounted for 2.8% share of fair value, while the May value of 2.9% in the vehicle industry, an increase of 0.3 percentage points in the manufacturing industry sub-categories .09 largest automobile industry in January-May profits accounted for 3.7% of machinery manufacturing, up 0.5 percentage points higher than the output value of the performance.
B, 09 cost of the automotive vehicle industry profit margin 6.5% 7.7% Return on net assets, benefit much less than the industry average decline in the level of efficiency indicators in the leading position. especially the passenger car joint venture, the overall state of good.
C, 09 The automotive industry 1-2 months the average monthly profit of 4.5 billion, 3-May 15.8 billion monthly average, growth of 249% .09 profit in March-May monthly average increase of 8.7 over the same period 08 million, an increase of 5.8%.
D, 09 年 5 February auto automobile industry, finished goods inventory turnover days for 15 days, compared with the same period in 2008 decreased by 2.1 days, of which passenger car joint venture, finished goods inventory turnover days to 10.2 days, a decrease of 3.1 days.
in 2009 the automotive industry is increasing output without increasing speculation surprising. As the financial crisis 1-2 months to go in the process of inventory, lower vehicle production and sales profits decline. then 3 month of positive growth in profits year on year gradual recovery , April car market has entered a positive growth in the profit range, in May is even more substantial growth in profits year on year, 2-quarter profit increase of car certainly fully compensate for the reduction in profit from January to February the number of 2009's auto market growth in profits very prominent.
4,08 in the first half is over the top of the pressure the economy peaked in early
08, while the auto market is also stimulated by many the first half of 2008 peaked .08 popular face in Q3 the implementation of the country, three standards, the Olympic was held, the decline in exports and a series of car reduction factors, sales quick access to the bottom.
stimulated by the low base, 09-year growth of more relaxed Q3. also affected by the decline in exports, etc., 2008 The passenger continued to decline in high-end products have emerged .09 3-year quarter economic recovery, export momentum improved, will bring enormous benefits to the automotive industry improve. low-end models of high growth, high-end models the situation of low growth will significantly improve the .09 auto industry increase production in the second half more obvious.
but the point of the high profits of the automotive industry concentrated in the MPV, SUV, more than in the high-end cars, heavy trucks, and several other key points. For example, the sales of an enterprise abnormal profit growth will significantly affect the industry. The only profit is the impact of MPV, but the total amount of small, little impact. special features of the Chinese automotive market, the industry profit indicators are not representative of industry, an important indicator of economic status. several narrow passenger in corporate profits are in the 30-50 million level, total industry profits can reach more than 50%.
5, set the tone for the economic rebound is more optimistic about Viagra.
nearly two weeks The evaluation of the mainstream of the Chinese economy has grown from stabilized, pick up words such as care shifted to more positive levels. the controversial power generation is also projected to show positive growth, particularly in Guangdong and other places significant power consumption picked up more wind vane.
Since 2008 the MPV and other negative growth almost from the start, followed by a marked decline. So the second half of 2009 MPV, the growth rate in the high-end cars have picked up the support. If the implementation of the differential rate of purchase tax adjustments, compared to its recovery drive large, but even if the speculation is not conducive to the current over-recovery.
6, purchase tax rate differential in favor gradient balanced development.
09 年 popular passenger car market, of which 5% purchase tax reduction contributions great. National by the Federation made in November 2008 passenger car market bottomed out, suggested to stimulate differentiation to purchase tax relief measures, that is, the smaller the purchase tax relief displacement of the more displacement the greater the proportion of relief imposed less, that is, half rose to a file, gradient plus tax, 1 liter of 2%, 1-1.5 liters of 4% or 6% ,1.5-2 ,2-2 .5 8%, which consumer groups to upgrade to the tax the burden of the rate of increase is small, is conducive to consumer diversity. Meanwhile, manufacturers of the product to adjust the pressure off.
of new energy vehicles to limit fuel consumption in the integrated implementation of the gradient on the basis of relief. For example, 1350 kg Prius cars type combined consumption 4.7 liters, less than its own standards of 9.7 liters of 2 phase of 52%. If we take this as a leader, fuel oil consumption limit of less than 50% of stage 2 full purchase tax, fuel consumption and lower fuel consumption limit of 40% of stage 2 Free 80%, fuel consumption limit of less than 30% of stage 2 fuel-free 60%, fuel oil consumption limit of less than 20% of stage 2 40% free, fuel oil consumption limit of less than 10% of stage 2 20% free, the current low fuel consumption The model may therefore avoid purchase tax of around 20%, so the engine can stimulate manufacturers to further improve fuel economy, the energy saving effect of the formation of multiple purposes. also change the high price of new energy models the passive situation of high tax burden .
First, new products, price scanning
1. Sri Lanka Keda Jing Rui tiptronic models from the market price of 93,900.
6 22, Shanghai Volkswagen Skoda brand new top-3 carrying Tiptronic 6 gear manual transmission of the Fabia model crystal sharp, crystal were caused Edition tiptronic 1.4L, 1.4L tiptronic shinny Edition, 1.6L tiptronic shinny version, priced at 93,900 ~ 109,900 element.
Analysis:. the small car a high proportion of the female consumer groups, many of them novices, and the more serious congestion in large cities, the demand was high tendency of the crystal sharp line with this trend launched tiptronic , enhance the effect of sales should be more obvious.
2. Chery official listed price of 55,000 QQme ~ 62000.
6 26, Chery QQme officially released this as the Mercury blue, fluorescent yellow, clear water and green six. QQme equipped with 1.3L SQR473F gasoline engine, maximum power of up to 62 kilowatts,.
Analysis:. Chery characteristics of this new car is strong, niche-oriented groups, need to be recognized by the mass consumer acceptance process.
Second, the macroeconomic environment and policy information
1. the introduction of new energy vehicles access rules go into effect July 1.
announced by the Ministry of Industry The official website of the Ministry of communications and new energy vehicles, including hybrid electric vehicles, pure electric vehicles, fuel cell electric vehicles, hydrogen engine car, the other new energy sources (such as high energy storage devices, dimethyl ether) Automotive and other categories of products. rules, report ..
Analysis:. The standard description of the product introduction more clearly, is the recent promotion of new energy vehicles important basis. its nickel-metal hydride batteries, lithium batteries, the promotion stage by more features.
2 . Jia stressed that vigorously promote the leap-forward development of new energy vehicles.
Jia Qinglin and Liu Qi, Liu Yandong, Wan Gang and other people, came to Beijing Foton Motor Company Limited, to the development of new energy vehicles to conduct special investigations. Jia pointed out that the development of new energy car needs the strong support of all sectors of society, create a good social environment. to fully draw on international best practice, greater policy support and resources for integration efforts, the development of new energy vehicles in the state of the policy, planning carried out, actively organizational models and institutional innovation, mobilize all forces to form a unity of purpose, coherent, clear division of labor, joint promotion of the new situation, strive to put as little as possible, the shortest possible time, realization of China's new energy car by leaps and bounds ..
Analysis:. greater policy support and resources for integration efforts will enable some companies to enhance development effectiveness of new energy vehicles significantly.
3. automotive fuel consumption, .
production of automotive products have been licensed to the vehicle fuel consumption identity be marked. automobile production enterprises or imported car dealer should ensure that its automotive products sold must be pasted in a process integration costs, the real fuel consumption indicators more meaningful. whereby tax relief measures introduced were able to pull more energy saving effect.
4. NDRC: vehicle purchase tax reform will be completed before the end of the year. < br> The current price of the vehicle purchase tax for the tax base is the automobile, energy saving car tax but higher than the average car, so many people are discouraged energy saving vehicles, collection must be changed. NDRC expects first half of 2009, China's automobile production and sales of 600 million vehicles, the year will reach 11 million.
Analysis:. vehicle purchase tax reform, if linked with the combined consumption indicators effectively stimulate the sales of fuel-efficient models, and new energy vehicle purchase tax policy may be more lenient policy, the application of new technologies to promote the effect of the engine should be very clear that companies need prompt attention.
5. views the introduction of support vehicles in Hainan Province industrial development.
Hainan FAW Haima Automobile Co., Ltd. to help its real estate business to overcome the difficulties of supporting parts, recently introduced three-year hippocampus and related costs and changes in corporate annual fee, and in strengthening the corporate brand advertising on the car to support it. Hainan provincial departments and municipalities, the county government should be included in the hippocampus brand scope of government procurement vehicles, similar models priority brand vehicles by the hippocampus. province cities, counties, add or update a taxi, encourage the use of the hippocampus brand vehicles. hippocampal brand of eligible car dealers, used car dealership granted by law and leasing business. central government's subsidies for SMEs international market develop special funds to give priority to supporting enterprises to develop the hippocampus and support the international market.
Analysis:. Hainan small domestic market, although greater efforts to foster policy, but the effect is difficult ideal. provinces were encouraged to launch their own automobile industry policies, Hainan, the smallest local markets may be the most suffer.
6. China's economic recovery is the recovery rather than , r economic stimulus policies to maintain growth better than expected, the government played a l r hand the purpose of China's economic rise. but only picked up the Chinese economy, not the recovery, the next step of macro control policies should focus on l adjust the structure of the level of r, can lead the Chinese economy into recovery. the short term, due to the inventory r l basically completed, China's economy has bottomed out recovery. face of macroeconomic policy adjustment: the total amount from the previous turn to restructuring as the main control-oriented , shifted from the expansion of investment-based expansion of consumption-based, from the existing production capacity to keep training for the purpose of steering the advanced productive forces, science and technology high ground for the purpose of the loan to support the direction and support from key state and government projects to focus on technological improvement and institutional support upgrade and consumption structure upgraded.
Analysis:. early economic recovery is mainly driven by the downturn in the world to bring faster growth in low-end products, but only a recovery of world economy, the restructuring of the difficult task difficult.
7. the central bank will continue to implement appropriate monetary policy
Monetary Policy Committee recently held a regular meeting that the second quarter, to conscientiously implement the Party Central Committee and State Council on the macro-control policies and arrangements to implement the moderately easy monetary policy, to ensure policy continuity and stability, to guide reasonable growth of money and credit. The meeting said the next phase will further rationalize the monetary policy transmission mechanism, optimize credit structure, increase the weak links such as financial support to efforts to develop consumer credit, to support innovation, mergers and acquisitions, industrial transfer and regional economic development. strict control of high energy consumption, high pollution and excess capacity industries and enterprises of the loan. continue to push forward financial reform and innovation great efforts to strengthen risk management, enhance the ability of financial firms to prevent risks.
analysis:. This should be the three-quarter set the tone for the policy, pre-State Council meeting to stimulate economic growth essential to ensure clear, the implementation of appropriate monetary policy, the automotive market in Q3 should maintain high growth rates, and various models are high growth.
8. Coastal rebound initial signal power demand: the release of part of production can begin.
in the coastal economically developed provinces, the June decline since the electricity gradually narrowing and the emergence of a rebound in electricity demand signal .6 early April, Guangdong Province, last year generating capacity increased 11% over the same period, electricity consumption increased by 7%.
Analysis:. in investment and consumption, driven by rapid growth, companies The inventory adjustment process will be basically finished, industrial production is expected to continue to pick up, drop in electricity consumption will continue to narrow.
9. the United States intends to push the second wave of economic stimulus plan.
White House senior adviser Axel Roe Germany 28, said that if necessary, President Obama might be the second round of economic stimulus plan. He said the U.S. economy remains under pressure, if the second wave of economic stimulus to growth can help, will be taken into account. Axelrod said in a television interview, the United States and not from the recession breakthrough. There are many difficulties to face the future. A reporter asked whether the need for a second round of economic stimulus plan, he expressed the belief that efforts now are very full, but if you need more, I do not rule out this possibility. Obama took office in January, the introduction of 787 billion U.S. dollars in economic stimulus plan, which will control the White House said at the time the unemployment rate, does not break double digits. But with the destructive power of the financial crisis more than expected last week, the U.S. unemployment rate is expected in the next few months to 10%.
Analysis:. the U.S. government content of the speech has changed in recent days, 25 Obama said no, and 28, there are signs of loosening.
10. Expert champions usher in the 15 years since the first major overhaul. Recently, a car should be a protection of consumer rights, rights system should be established regret, that is, within a reasonable time so that consumers can unconditionally return, this activity does not apply to all consumer behavior, but the volume of transactions like buying a car that is a huge consumer behavior applicable. further protection, but for a car this large volume of transactions transactions, market transactions is likely to cause confusion.
Third, new car information
1. the new 1.2L and 1.4L Sail will carry two engine.
designed by the Pan Asia Technical Automotive Center will be powered by the new Sail 1.2 and 1.4 of two engines, the second half of this year, and sales in China and emerging developing countries. The front car of snow inherited Flemish brands genes, body size slightly smaller than the Chevrolet Lova. In addition to information providers, the new chassis Sail in the central fuel tank (regular fuel tank is located in the rear of the chassis, so that is conducive to the smooth filling), so designed to increase the rear seat space.
Analysis:. Shanghai GM's extension of fast cars, a change in the pattern of joint venture important measure brand of low-end. Once Sail made, the GM products in the small car market derivatives will be further down the line, which in the small car market will greatly enhance competitiveness, it is learned, made a new European version of Sail will not use models (the new Opel corsa), but in the Shanghai GM Pan Asia Technical Automotive Design Center made a re-design, so the new cost of Sail will be further reduced, their competitiveness will be greatly enhanced, after all, in the small car market, the leading consumer car price factor is still the most important.
2. MG7 MG Resembling a new BMW to BMW.
first domestic model MG7 will be a small facelift, while retaining the original British style, while details of the re-optimization, a new car before the face of the kidney into the air grid and BMW models are very similar. Apart from a small facelift, the Sport Series models will be introduced.
Analysis:. MG 7 has been sold since listing is not ideal, this is caused by many reasons , and to resolve this situation, nor is relying solely on the introduction of modified models can be solved, first of all, manufacturers of the original MG Rover models developed enough, did not fully meet the MG 7, the concept of Chinese consumers; consumer brand recognition of MG knowledge is low, brand building is not enough; the market, sales network and research and development system is not perfect; are listed on the product quality is rough, the market is difficult to form a good reputation and most importantly, the price of the MG 7, while for consumers words would be too high, and difficult to arouse consumer interest. The new MG 7 is listed, in addition to the improvement of a certain shape, the manufacturer should the pricing for its fall further learned that in some of the 4S shop, MG Roewe has begun and with net sales, which for the purposes of MG is a good news, the manufacturers should also seize this opportunity to increase market new MG 7 campaign ..
3. General Motors OnStar will Cadillac took the lead with a landing in China.
as the first outside North America, OnStar information service, the Shanghai OnStar December this year, the company will be formally produced in China Shanghai General Motors, sales of cars OnStar service, these services will include Automatic Crash, emergency assistance, remote door emergency open-Turn Navigation, condition, test reports and other services.
Analysis:. Although Shanghai GM claimed since 2007 to install in the vehicle's telematics service system, but let Toyota grab the first, during the Shanghai Auto Show, Guangzhou Toyota launched the first loading of the G-Book Camry, GM announced that Chinese consumers will now enjoy the Onstar service, is expected to taken for Toyota response measures, it is learned, in addition to Toyota and GM, the preparation in 2013 to promote similar services in China also includes Nissan, Honda and other car manufacturers at least 8.
4. Audi 1.8T and the new 2.0 A4L push T under the extended version of the price range.
whole new generation of Audi A4L listed six months ago, the existing 2.0T and 3.2L models include a total of five products of two displacement. A4L the second half of the product line will continue to expand, to be put on entry-level 1.8T and 2.0T high-power version, the price range to further downward. It is reported that, A4L used for the EA888 engine series 1.8TFSI one of Audi in the global market is currently the most advanced engine series. Germany , the Audi A4's 1.8TFSI engine has high and low output power (88 kW and 118 kW), the domestic version will use the maximum power of 118 kW and peak torque of 250 Nm. m adjustment, associated with the CVT Continuously Variable Transmission box does not change, the new 5-speed manual transmission version. and also to enter the market there 1.8TFSI 2.0TFSI model high-power version of the car engine line changes from the original CDZ CAD, Audi has been to use the new engine The A4L apply the new directory name. The new engine upgrade to the maximum output power of 155 kW 2.0T models than the current increased by 23 kW, torque does not change, remains of 320 cattle. m ..
Analysis:. Audi A4L Since the date of listing, the basic monthly sales in 3000 are maintained about the same level of performance is better, but not further improved, mainly because of Audi's flagship model A4L 1.8T has yet to market, which greatly A4L affected the overall sales of Audi, it is learned, A4L 1.8T products will be on the Audi is currently commissioning a new assembly line assembly, the new Audi assembly about the official commissioning date of September this year, which directly affects the A4L 1.8T car type of delivery time and capacity restrictions that also has yet to launch 1.8T Audi A4L one of the reasons, a conservative estimate A4L 1.8T fastest possible end of the year will be officially listed ..
four companies Dynamic
1. January 6000 far exceeded sales expectations in recent SAIC Roewe is expected to only loss this year.
in the doldrums for two years, SAIC's own-brand Roewe turnaround last year. the first 5 months to achieve the average monthly sales of nearly 6000 results. It also means that 2009 is expected to turn around ..
Roewe Analysis:. SAIC own brand has been able to turn around in the future, mainly thanks to the good performance of the Roewe 550 , SAIC will continue to launch early next year, and MG6 two mid-size car N1, N1 will be placed on the production of Class A Pukou base, MG6 Roewe 550 with a total line of production in the port, and these two models has also been make preparations for mass production, which is bound to its own brand in the next year's overall sales of SAIC referred to a new height, the other, the Roewe and MG's after the merger, the two brands sourcing from the manufacturer pre-unification and then to develop a unified sales and marketing, which will help to further reduce business costs, earnings for the SAIC's own brand laid a good foundation ..
2. Chery stand: FY Cowin QQ Swiss tiger sub-network sales.
Chery Automobile Sales Company will build a car sales company responsible for the situation, Cowin, QQ, Oriental Son and Switzerland already have Tiger, and other 10 kinds of models, dealer in the face of so many models, the service lag becomes urgent problem. Chery aspects of the dealers has been the model should also be a new sub-brand Chery mode continued. Chery channels becoming more segments, or part of the model is difficult to have good opportunities for development.
3. capacity of 150,000 by the end of the hippocampus in Zhengzhou plant started < br> hippocampus in Zhengzhou in planning the end of the second plant will be put into production. Zhengzhou new commercial vehicle plant will be put into the hippocampus, this year's target will be 20,000 to 30,000. It is understood that after completion of the project in Zhengzhou plant form annual output of 150,000 cars and 300,000 engines production capacity, has now entered into a comprehensive process equipment installation and commissioning stage, before and after October this year, will be formally put into production. In addition to the production of commercial vehicles ready outside, SUV also taken into account within the. the future will be moving away from low-end products hippocampus, in the second half is primarily for restructuring and the introduction of new products. This year, the hippocampus will be at least 3 new models on the market, including changes in the hippocampus after 3 car models, mainly trucks 1.6L type, but also to retain the 1.8-liter models, which are H1 facelift cars on the platform. In addition, H2 and M2 of two new car models will be a new impetus to the hippocampus. The SUV, code-named S3, will be next year introduced.
Analysis:. hippocampal current product line is still short, but the cost advantage is not obvious, and its products to adjust slowly, and capacity to adjust quickly. Familia has almost become the only engine to maintain the 1.6-liter displacement without reduction 1.5 liters of the main domestic enterprises.
4. FAW Group canceled plans
Mexico plant by the global financial crisis, China FAW Group (FAW) has canceled a joint venture assembly plant in Mexico plan. FAW Mexico Salinas Group's joint venture partners (Grupo Salinas) confirmed the news. Salinas said that the current cooperation between the two sides will focus on imports and, through Elektra supermarket (Elektra superstore) sell Chinese vehicles. market recovery, we will consider whether to restart the factories scheme. JAC second half of the new car market
JAC 4 and MPV and with Yue Yue AMT model will be the first to seize the market, JAC, and Wyatt will be officially listed in September of this year, a new mini-car Yue Yue may be at the end of the Guangzhou Motor Show officially listed. JAC and Yue will target compact market this big cake, the aspect for the new car 4595t1765t1465mm, wheelbase of 2710mm; with a 1.5L VVT engine and five-speed manual transmission; maximum power and maximum torque, respectively 78Kw / 6000rpm, peak torque 141N.m/4000rpm, the maximum speed of up to 190Km / h.
Analysis:. JAC has been through the most difficult period of rapid expansion, the future needs of the main models in order to further enhance the amortized cost of sales .
6. Dongfeng Motor Company acquired the reputation of setting up shop in Wuhan in the mini-car market.
Dongfeng Motor Company has successfully acquired the reputation of Zhejiang, established in Wuhan, a wholly owned subsidiary mm Wuhan Zhongyu Automobile, the second acquisition including 450 acres of Wuhan Zhongyu production plant and equipment, will be used to produce compact cars east. Dongfeng this acquisition primarily through the operation of Dongfeng Yu'an Limited.
analysis:. Dongfeng Yu'an the main production bases in Chongqing and Shiyan, Wuhan, the increase in base to form a triangle similar to the operation of Chang'an, but the layout is not ideal.
V. News
1. luxury car market trends in China will soon expand into China more new car < br> 2009 年 1-4 months advanced passenger cars (luxury cars) sales fell 7.6%, of which the top luxury car models in the fall then Jinliang Cheng. but this did not hit the luxury car firms flock to China's enthusiasm . June, Bentley Bentley Motors will continue in China, power of attorney given under the Hong Kong Shanghai DCH Bentley Motors Ltd.. According to Audi sales of 200,000 plans in 2012, Audi plans to sell the network from expansion of the current 144 to 210, and 2015, domestic sales account for the global scheme Audi 1 / 7. In contrast, the expansion of Japanese luxury cars did not slow down the speed in which Acura plans will in China the number of dealers increased from the current 20 35. Infiniti dealer from the end of 2008 the number increased to 13 23 the end of 2009, the product will last 4 to 5 paragraph .2009 years, Acura and Infiniti's sales target are developed for the 4000.
Analysis:. because high economic growth and the rich-poor divide, luxury car should have a huge potential Chinese market, but that does not mean that all high-end brands will share the fruits of high growth.
2. Dongfeng Yulon group together next year in Taiwan, mainland China joint venture to produce SUV
learned from the Dongfeng Automobile Company, Dongfeng, a subsidiary of Dongfeng Hangzhou Motor (the ), acquired a subsidiary in mainland China Yulon satisfied Chi Jie (Hangzhou) Auto (Luxgen Motor) 20% stake in Dongfeng Hangzhou Steam next year will be the basis of commercial vehicles in the production of passenger cars into production. Xu Ping, general manager of Dongfeng Motor , told reporters that Dongfeng Hangzhou and Yulon company has recently signed a three-way strategic cooperation agreement, we set up a new company in Hangzhou, will achieve Jie Chi, Taiwan Yulon reputation in the previous year with the Zhejiang Hangzhou Xiaoshan District in the established joint venture company, according to plan, Dongfeng and Yulon the first car will come in the next 10 months ago, is a 2.0-liter SUV. admittance Zhi Jie design capacity in Hangzhou, 240000, bilateral cooperation will be the first car plant in their production. At that time, the design in Hangzhou Dongfeng Motor capacity is expected to reach 54 million, or 30 Dongfeng Hangzhou Steam commercial vehicles intellectual capacity and satisfied Jie capacity of 24 passenger vehicles.
Analysis:. no wind support, the new facility is difficult to develop.
3. BeijingWest acquisition of Delphi's non-core assets
BeijingWest insider told, the company has acquired Delphi's non-core assets: the brake and suspension systems, . expected delivery of assets on the first day of 11 January 1. success ...