Key information from the National Federation of daily news
by automobile this week outlined:
1,4 super
4 months market movements January to February in passenger car market remained stable, and by the Federation from manufacturers on track to see the terminal market, manufacturers in recent weeks has always been higher than in March sales grew by 12% over the same period, the factory is expected to narrow in April passenger car sales expected to nearly 66 million units, up more than 30% growth rate. the beginning of the country reduce the purchase tax policy is still supporting the market growth, the total passenger growth in the State through the stimulation effect is most obvious. Overall performance of new businesses launched in better, FAW Toyota, Dongfeng Nissan, Beijing Benz, the growth of large enterprises. Dongfeng Honda to seize the market yield strong, SUV sales million units expected to appear on the vehicle.
2, May Day holiday golden week retail hot
is the calendar year before the height of sales in recent years, a small holiday become a selling opportunity, market stability after the Shanghai Auto Show, there is no impact on the market.
3, why so hot
retail automotive market micro-hot-off from January and so will be able to reflect the consumption boom is difficult to stop China's private car popularity of slow and hinder private car consumer policy and ideas has always existed, the current fuel tax to stimulate consumption demand policy changes of the environment. purchase tax policy is only a minor role, road maintenance is the key to cancel .
4, universal car show
08 focusing effect in the latter part of the real estate market cooling significantly, leading to reduced investment spending, residential investment spending into consumption. Other hot spots did not form the bulk consumer, automotive consumption focusing effect appears. why people do not want to buy a car the house fine save, preserve and increase the appreciation of the considerations, the cost to maintain phase differences are important factors. The current real estate prices are still stable, private car must be hot spots as popular.
reflect their appearances are as follows: A, the strong sales of low-priced entry-level models. B, low-cost micro-passenger hatchback sedan grow stronger. C, middle and low performance models much stronger than the high-performance universal . D, 2.0 升 B-class mid-range performance super car. E, secondary and tertiary markets of the low popularity of stronger regional growth. F, large cities, low-cost means of transport vehicles increased rapidly.
5, new energy vehicles subsidy system has loopholes
new energy vehicles has made it clear subsidy policy, the country's support to the larger, and targeted to encourage independent innovation. but operating perspective, urban public transport and other large customers using the state subsidies to achieve their own calculator explicitly specify a multinational group of hybrid systems procurement.
suggesting that the new index system of energy subsidies for car problems. state subsidies forceful, energy-saving targets strict evaluation, but not independent of the rate evaluation component indicators target system is to guide a problem.
no clear policy direction and only the self-energy rate index, the results of this policy is to subsidize multinational group of mature hybrid system.
and our FAW, Dongfeng, SAIC , Chang and other electric vehicles or hybrid development has achieved preliminary results, the policy did not guide its promotion, there will be the country's new energy subsidies end result of multinational corporations.
6, the new energy system slower car parts < br> With the new energy vehicle market, automobile companies R & D capability has been some increase, but few parts enterprises claimed their support for the new energy automotive parts product R & D results. large passenger vehicles and other new energy sources small volume, demanding as a constraint to the threshold of the domestic parts companies. Bosch spare parts and other transnational groups can provide system solutions, and made huge profits subsidies. no new domestic energy system for the growth of car spare parts, China low-cost competitiveness of new energy vehicles is difficult to grow. new energy vehicles in the technical and cost competitive balance, high subsidies, simplification is not conducive to the development of numerical targets.
one, new products, price scanning
1. Reiz two special edition listing price 228,800 ~ 234,800 yuan
since April 30, 2009, the FAW Toyota Reiz REIZ launched two special edition, which are comfortable version 2.5S, 2.5S AVX version. REIZ Reiz 2.5S Comfort Edition costs only 228,800 yuan, in particular the configuration of the VSC + TRC (vehicle stability control + traction control system), can effectively restrain the vehicle skidding, inhibition of wheel slip to ensure that the driving safety. exterior mirrors with turn signals, HID xenon headlights (headlights level of regulation), and was equipped with headlight cleaning function, so that the stability of the whole body, control and security can be improved .2.5 S AVX edition is based on the 2.5S comfortable version of the upgrade. its special assembly AVX (car multimedia systems), the stereo, DVD player, reverse image, the steering wheel control device in one set, let the driver drive interest in the full enjoyment of movement, and The price was only 234,800 yuan.
analysis:. Toyota Reiz characteristics of the product should be strong, the movement should have a better sense of the style of the market, if they can create high-end sports car series and Business Series side by side there should be greater development opportunities, and future products of these sports cars are more and more as soon as possible if Reiz become the leading sports car, due to the sensitivity of such information and consumer acceptance higher, the market prospect will be well, or other vehicle may seize the high ground.
Second, the macroeconomic environment and policy information
1. the environmental pollution caused by automobiles lack of national standards exist.
countries Environmental Protection Department data also show, including exhaust emissions, including, automotive products produced by large and medium pollution has become an important source of urban air pollution. There is also information displays, in general, the quality of air inside the air pollution worse than ordinary 10-20 times. This gives people is a big health threat. Now many domestic interior inspection of indoor air environment testing agencies in accordance with methods and standards for testing of automotive products, is not strict on the science, the two sampling points differences in the measurement method, there are also very different. , so China is still not on the authority of air pollution inside the car ..
analysis of test results:. vehicles tremendous benefits of high growth opportunities, testing organizations also hope to seize the market, the larger problem of inconsistency of standards Therefore, industry standards is urgent.
2. Ministry of Finance hosted the work coordination meeting Cars to the countryside.
Cars countryside policy showing positive results. The next step, work, first to the State Council After approval the matter, promptly formulate issued strengthen supervision and inspection departments to perform their duties and divide our forces the mouth, on the price, quality, sales and after-sales service to strengthen supervision and inspection to protect the legitimate interests of consumers, farmers, investigate entrapping and harming behavior, 6 months late members of the joint inspection unit ..
Analysis:. car to the countryside policies of the stimulating effects models lead to strong sales of cars to the countryside, peasants strong sense of self-protection, problems are inevitable. If the establishment of an effective verification mechanism will be urgent task.
3. car and motorcycle to the countryside in Henan Province to increase by another 3% of the subsidies.
farmers in Henan Province in the car and motorcycle consumers will get more benefits to rural areas of work, production and purchase of the province subsidies to rural areas in line with car and motorcycle models class farmers, in addition to enjoying state subsidies, but would add another 3% of the subsidies. specific subsidy standards, the three-wheeled cars or low-speed vehicles scrapped and a new redemption or purchase of light trucks mini buses, 13% of the sales price subsidies, which priced at 5 million yuan, 6,500 yuan each were given by a fixed subsidy; buy motorcycle 16% of the sales price subsidies, which sold more than 5,000 yuan price , each given by the standard fixed subsidy of 800 yuan. The new provincial subsidies to increase the financial analysis of the full commitment ..
:. Henan local passenger and light truck production of micro-small enterprises, so the amount of subsidies is not too large, At the same time subsidizing the difference, the production of micro-province visitors, and other light truck sales will be much larger. But such subsidies is to market fragmentation, the formation of new regional protection, such subsidies do not necessarily follow if the spread is a good thing. < br> 4. stimulate the automobile consumption license would be issued in Shanghai or 30%.
Shanghai will expand the automobile consumption, the number of licenses issued this year may increase by about 30% .2008 84 500 Shanghai license plates were auctioned, and 30% of the incremental For Shanghai, the is not considered a big number. to expand an important part of automobile consumption is to promote and update out of the car. According to statistics, Shanghai Oasis Ⅰ vehicle emission standards under 30 million. Shanghai started in the city for June made out of the car policy. These include: further increase the limit on high-emission cars line area, elevated from now extended to the outer ring; increase the useful life out of updated vehicle in accordance with financial subsidies granted; actively promote the used car market development; active play SAIC Group, the role of large enterprises, the enterprises to implement the trade-in, consignment and other marketing initiatives to rent ..
Analysis:. the Shanghai World Expo and other vehicles need to accelerate the update, reduce pollution, Shanghai Crown can be targeted to take more powerful incentives update, enterprises are fully capable of doing better.
Third, new car information
1. Junjie is expected in June listed the three emission models FSV push. < br> China Junjie FSV will be listed in June this year, FRVCross will also be introduced later, and the devaluation 1.6L models. FSV China Junjie FRV the sedan is actually a car, but did not take the Chinese cars tailing practices, and is also carried out before the face of change, in order to increase the tail with the new shape, which makes changes FSV hatchback sedan model to become the most harmonious product. dynamic, new cars will be equipped with 1.3L and 1.6L engines, but at the moment because Dongan aspects of the engine output is less than 1.6L, Mianyang Brilliance is considering its own 1.5L engine engine plant to be replaced, and the 1.5L engine from the data above to see significantly higher than in the dynamic, the new morning 1.6L.1.5L engine is the engine plant in Mianyang the 4A15 engine, this engine is the biggest highlight of the first to join VVT technology, this engine is the engine of Brilliance China strategy to a new small-displacement engine. but at the moment the engine only with manual models. The maximum power 110 hp and maximum torque of 135N.m..
Analysis:. Brilliance China capital market, the product gradually downward, Junjie great success, Junjie FRV also achieved high sales performance, the three Junjie FRV car to enhance its sales to be larger, but whether the model Junjie rebirth of the traditional hot topic is more important.
2. Dongfeng Peugeot For accounting systems to push high-end market segments, new car .
end of this year or early next year, Peugeot will introduce a higher level than the 307 models. With the 207 sedan and 207 hatchback has been launched, Dongfeng Peugeot already has four models, the end of 2009 early 2010 Dongfeng Peugeot will release another new car, it will be more than 307 high-end ..
Analysis:. Dongfeng Peugeot's four current models of the market distribution is too concentrated, often among the causes of internal models competition, expanding product lines in terms of the Dongfeng Peugeot is still very necessary, and Dongfeng Peugeot wants to launch high-end models, now, to face two major difficulties, one is the capacity problem, the other one is brand recognition question of degree, most consumers in China are mainly awareness for Peugeot to stay in the low-end models, the situation and the Beijing Modern quite similar, therefore, before the introduction of high-end models, manufacturers must first find a way he is in the low-end models to reverse the image, otherwise the new models listed, are likely to face as well with the Sonata Yu Xiang did not appeal to audiences of embarrassment, there is little that is new models launched by Dongfeng Peugeot must be fully taken into account people's consumption habits, such as: long wheelbase, light interior, high configuration, etc., then there is the new model pre-IPO publicity must be in place ..
IV News
3. FAW Expand New round of deployed forces is intended to continue to strengthen the autonomy.
set an ambitious goal of their own brands, FAW re-deployed its forces from the FAW was informed that at .27, deputy general manager of FAW Toyota will bring long-Fa to serve as deputy general manager of FAW, FAW Xiali succeed Fa Tian Long, executive vice president positions; FAW Toyota Motor Sales Planning Minister Dongxiu Hui will be transferred to the Department of FAW Group, as Minister of marketing management; FAW Tianjin Commissioner , Tianjin, Wang Bing, deputy secretary of party division will be promoted to deputy general manager of FAW Xiali. This is the second mobilization Cui Dayong of 2007, the FAW joint venture once again mobilize support for their own brand ..
talent analysis:. a Xu, general manager of a gas that China FAW's immediate goal is to FAW to make larger in terms of personnel adjustments, FAW FAW Car is the most important base for their own brands, Pentium, and red are the two brands produced in the FAW, so staffing is the strongest.
4. SAIC Ssangyong published 08 annual reports asset holdings swallowed 3076000000
Although sales of Shanghai Automotive in 2008 reached 182.6 million units, the major domestic auto group living in the first place, but net profit fell 1 to 86% In 2009 March, the company accumulated 27.2 billion total revenue, compared with 5.92% decrease over the same period in 2008, achieved net profit attributable to shareholders of listed companies 627 million yuan, representing a 49.46% decline over the same period in 2008. of Shanghai Automotive substantial decrease in annual net primary The reason is: Ssangyong asset impairment, reduced investment income, combined with NAC NAC part of the loss. Company holds 51.33% of Ssangyong Motor has entered a regenerative process, the company end of 2008 totaled 8.739 billion yuan of assets, liabilities a total of 8.19 billion yuan, the company's provision of Ssangyong Motor impairment of long-term equity investment of about 3.076 billion yuan ..
Analysis:. SAIC's performance should be good, the full provision of assets Ssangyong loss is a better measure, the profitability of its development and future have a greater role in recovery. However, a problem is the 2009 Ssangyong events, 2008 to all of the practice of withholding more risk ahead.
5. Roewe MG in Beijing, Wal-grid
MG Wing and realized net sales is a multi-form integration. has been clear that Beijing, a second-tier cities, 4S store network and not across the board network, but to continue the operation of sub-networks, while second and third grade, and net sales in the city.
Analysis:. part of a strong brand and net incremental significance, but less vulnerable regional brand sites, and is faster growing second and third tier markets network is lost, reducing its sales support and confidence of this vulnerable brand dealers is not stable, and ultimately is shrinking MG.
6. Mazda FAW Mazda plans to increase shares in the FAW Mazda approved
Mazda stake increase from 25% to 40% .4 27, the program has been approved by shares. As early as in October 2007, FAW Car to announce the plan announced. Notice that the FAW Car replenishment motion has been agreed by all shareholders, subject to approval by the Ministry of Commerce. Today, the plan was formally approved. Mazda's explanation is that the notice was issued only a description of a capital increase of the intention, but in the capital increase the timing, amount, etc. are not OK. but industry analysts believe that, after the capital increase plan delayed Mazda difficult to implement, mainly with the former controlling shareholder Ford, subject to the equity relationship. learned that the capital increase funded by the Mazda 4950 a separate million in the form of completion. capital increase, the FAW Mazda's capital will be increased from 100 million yuan to 1.25 yuan, FAW Group, FAW Car, Mazda will also be before the share holdings of 5%, 70% and 25%, respectively, changed to 4%, 56% and 40%. Mazda explained that the move is to further strengthen the marketing network and improve sales in China.
Analysis:. The Mazda shares to increase their investment is relatively low , only 40%, which is rare in the joint venture, FAW FAW Mazda is still the initiative, the description of the FAW Mazda's marketing fully recognized by the Japanese side. Mazda increased its capital increase and other products on a larger significance.
7. Chrysler vice president: Be sure to China as the joint venture.
so when the time is ripe, we have the desire to make Chrysler a more powerful China market, a comprehensive auto companies, To be successful in the Chinese auto makers, there must be joint ventures.
Analysis:. In the short term, at least within a year or two, Chrysler in order to establish a joint venture in China is not reality, although the Chinese market, Chrysler also understand the importance of the development of their businesses, but forced by the economic situation is not optimistic, and the establishment of joint enterprises need to spend a lot of money into a Chrysler bankruptcy that do not have enough money strength to achieve this goal, which is, from its negotiations with Chery and Great Wall can be seen eventually die a natural death. Fiat and Chrysler are in the Chinese auto market failure loser, think of the future joint venture in China The biggest problem is that the company, due to past failures, making them at home when the introduction of new products, enhance brand is difficult. Currently in China's development, in addition to the Chrysler 300C and Sebring, the more can is to rely on imported car business, especially import SUV will be the future of Chrysler's focus in China, I believe this is quite upset business ..
8. Beiqi interested in cross-hand Lifan
BAIC Chongqing Lifan Automobile contact with the intention to cross-regional mergers and acquisitions Lifan cars. In this regard, Yin Mingshan, chairman of Lifan's attitude was clear in an interview, but said that out of the Akiyoshi also put forward new ideas of enterprise development: strategy, not behind closed doors.
Analysis:. BAIC had with the blessing of gasoline and Changfeng have rumors of mergers and acquisitions, but prefer Guangzhou Automobile, Changfeng, the industry has basically been ruled out. And although the geographical blessing steam and products are complementary with the Beijing Automotive is also co-personal connections, but because of steam and Taiwan Fu Yulon, Mitsubishi, Daimler of Germany and other car firms have business relationships, cooperation is very difficult, so the delay did not result . Lifan private ownership, will make the acquisition process with the BAIC more concise, the product can also be complemented with Beiqi ..
9. Changfeng deny the object of reorganization with the soldiers is still loaded Guangzhou Automobile < br> deep restructuring rumors Changfeng Motor, in the just concluded the Shanghai auto show is still a high profile. CP2 its internal code name for the Class B This time the prospective debut in Shanghai, Changfeng Motor to announce that the formal enterprise by the SUV business transformation to an integrated passenger cars. As the joint object Changfeng Motor, Changfeng Motor has been published to clarify the April 15 announcement, the official denied that its soldiers loaded with Changan Automotive Group restructuring scandal. In addition, although the Beijing auto Changfeng also want the bag, to create the most powerful SUV domestic base, but Changfeng is not very interested on joining BAI. Changfeng Automobile Finally, the object of joint reorganization lock Guangzhou Automobile Group, cheetah CS7 off the assembly line the same day, the relevant government departments in Hunan have also acknowledged the news.
Analysis:. Changfeng Motor and Guangzhou Automobile reorganization will help Guangzhou Automobile SUV involved in the field, and to build its leading position in the South China plate; The terms of Changfeng, Guangzhou Automobile strong financial strength, can also help Changfeng Motor car field to the transition. Changfeng cars currently active layout, or the hope that restructuring can have more bargaining ;.
10. Universal 1.4 billion reinvested into pure electric vehicles
4 25, invested 1.365 billion yuan of universal pure electric vehicles. Li-ion battery production base in Hangzhou that foundation. million Lu Guanqiu to the Group Chairman of the Board announced, Ministry of Science and Technology Minister Wan Gang, led a number of Secretaries and Directors, a special trip to Hangzhou to participate in this ceremony ..
Analysis:. Universal has got a pure electric vehicle Zhunsheng Zheng of China, its powerful system on the parts support the development of electric cars is significant, if effective integration with automobile companies, especially those with the support of Ministry of Science, the wider its prospects.
V. News
1. Hu Maoyuan promote joint research and development car prices < br> SAIC chairman Hu Maoyuan said the joint research and development should be the domestic car prices. He said that the international auto companies on the basis of strong R & D, capital investment, high level of cooperation, R & D experience in the domestic automobile enterprises not only the accumulation of small, small capital investment and lack of cooperation, resources are more scattered. It is understood that the world's auto giants are generally the proportion of R & D costs more than 4%, while the proportion of domestic R & D costs generally below 2%. China's auto industry would have less money to, should not be engage in the homogenization of research and development, and even low-level duplicated research and development.
Analysis:. now part of the enterprise development level is not high, and the accumulation of insufficient, inadequate basis for cooperation, but the cooperative development is the trend, especially in countries enterprise project funding support requires joint research and share results.
2. New Energy Bus huge subsidies flow into the it has suddenly appeared in the bus industry. more than a dozen bus companies have been expressed to be equipped with Eaton hybrid power systems of its intention. Eaton is not only arrogant, but also very harsh conditions: in addition to normal trading, but also to pay 100 million from technology transfer fees. Beijing Foton Bus and signed a 800 hybrid buses and chassis purchases alone. Beijing public transportation requirements of the hybrid electric bus with Eaton hybrid power systems. Prior to this, the Guangzhou Bus 30 purchase order of hybrid buses, but also require the use of the Eaton hybrid system. Both of these large unit, bus companies are considered to be the most industrial-scale procurement. Beijing's big single, but also to convince their choice of enterprise cooperation with Eaton reasons. Beijing to purchase such a large scale will certainly enjoy the government subsidy, and Beijing's example, but also affect the choice of other cities.
Analysis:. FAW, communication and other enterprises in the energy bus, including the production of new enterprises, have proprietary technology platform for hybrid buses, and the technology is relatively mature, with mass production capacity. but the state subsidies who call the shots?
3. the world's largest parts group Bosch sales surge in China 25%
Bosch Group, the world's largest parts company said its sales in China rose 25%. its Asia Pacific president, said Raschke, 2008, the growth of the Chinese economy by the financial crisis due to limited impact .2008 Bosch consolidated sales in China reached 22.8 billion yuan, an increase of 25% in 2007, .2008, Bosch's investment in China about 30 billion yuan. As of the end of 2008, Bosch in China, a total of 20,200 employees, the number second only to Germany. Last year, Bosch Group sales about 450 million euros, down 2.8% the previous year. But in China, Bosch is unexpectedly strong growth. Bosch Group provides for the parallel hybrid power systems and hybrid hybrid system extensive series of product line components, in order to seize the core components of the new energy vehicle market ..
Analysis:. Bosch is a strong business growth in China's core technology brings the advantages of market monopoly, the country's implementation of the three standards Bosch's market to expand and provide tremendous opportunities for profit improvement. The current strategy for new energy vehicles is a new profit growth point.
4. the domestic situation is not optimistic forecast of imported cars or imports fell 10%.
the amount of imported car brand in the first quarter up 16% year on year increase of 6.5% on average, 1-February, the country imported vehicles license 48000, an increase of 16%, this figure is far better than the previous market expectations. Growth in the first snowstorm in early 2008 due to declining sales make small base last year, the second is policy driven by the recovery of consumer confidence and the third is imported SUV, 3.0L less displacement of the rich, four-car market is in the fourth quarter uncertainties in the economic outlook to inhibit the release of the consumer. with different domestic car, import cars to moderate displacement (2.0L and above) mainly influenced by the adjustment of consumption tax, so the first quarter of the market structure of imported cars has been significantly changes, model, brand, region, displacement and other significant aspects of the structural characteristics of growth, the incremental displacement from 3.0L to see mainly the following models.
Analysis:. the domestic car market as driving the hot sales of imported cars gradually return to normal, coupled with appreciation of the renminbi to increase the competitiveness of imported cars.
5. commercial vehicle market is expected to rebound in the second half.
Chinese commercial vehicle market will rebound in the second half. The current volume has been greater than production, in the there are signs of improvement. to agricultural vehicles and dump truck-based rapid growth in demand for commercial vehicles, particularly in central and western regional market and reconstruction significantly speed up market launch ..
Analysis:. the Chinese commercial vehicle market in the doldrums expected to be rewritten in the second half.
six, multinational corporations and overseas markets
1. U.S. auto sales remained weak in April.
According to U.S. media reports, according to the U.S. auto industry sales report showed the U.S. in April Auto sales remain weak. Chrysler sales fell the most, 48%. 76,682 Chrysler vehicles fell 48%, Toyota down 42% of 126,540 vehicles, 47,190 units of Nissan fell 37.8% year on year decline in GM 172,150 units 33% of Ford's 133,979 vehicles, down 33% Honda 101,029 vehicles, down 25.3%.
Analysis:. General Motors and Chrysler dragged down the uncertainty of the future of its sales, while Ford's sales volume is relatively stable beyond promoting their Toyota's sales, the performance of Japanese companies in the United States is still poor.
2. Chrysler restructuring restructuring time 30-60 days of first hearing
Chrysler filed for bankruptcy protection, also submitted to the bankruptcy court programs, mainly for the co-operation with the Italian Fiat, Auto Workers union and the U.S. Government holding shares and so on. Chrysler from bankruptcy protection, will begin a period of 30-60 days of the bankruptcy reorganization. During this period Chrysler will shut down all factories in the United States until the completion of its alliance with Fiat. lockout period, employees receive 80% of the salary. a program involved in the development of Chrysler's senior White House official bankruptcy that the U.S. government will provide 3 to 3.5 billion U.S. dollars in a series of asset financing, to help Chrysler continue normal operation. UAW summary of the agreement with the provisions of Chrysler, UAW will eventually have reconstituted 55% stake in Chrysler. Fiat (Fiat SpA) will eventually hold 35% of the shares re-后克赖斯勒, the U.S. government and the Chrysler's secured lenders holding the remaining 10% of the common Shares ..
Analysis:. Chrysler's bankruptcy reorganization to business and trade unions, government, and all into the community of interests. and Fiat small investment, equity cash batches, the relative more aggressive.
3.
Daimler Chrysler Daimler sell cars (Daimler) last night announced the official to give up the last remaining 19,9% of Chrysler (Chrysler) shares, the future is just between the customer and supplier relationships. For this reason, Daimler cars in the second quarter pre-tax profit will be reduced by about 700 million euros ..
Analysis:. Daimler Auto Group If you do not give up the option is still being pestered by Clay Chrysler drag, so the future may still bleeding, so a one-time loss of 700 million euros is not much.
4. the U.S. government and the Auto Workers union will control 89% of shares of General Motors.
GM's new The U.S. Treasury has provided more than 150 common billion in loans. at least half of the debt will be converted into ordinary shares, so the U.S. government will control 50% of common shares. Meanwhile, the cash owed debt United Auto Workers union will be converted to ordinary shares, which trade unions, voluntary employees beneficiary association (VEBA) will receive a 39% stake in the company. GM hopes bondholders can accept ordinary shares. The creditors eventually will jointly hold 10% of GM shares, if they are willing to make concessions to say. Perhaps hardest hit will be the general ordinary shareholders present, if the success of the program, those of ordinary shareholders will only have only 1% of the Common Stock ..
analysis: . The Government may use 15 billion loan to obtain half of the 50% of new common equity, common equity change will make it a nationalized company. and $ 27,000,000,000 10% of bonds into shares, the original loss of the equity interests of the larger, which is firmly opposed to the reorganization of Ford's one of the reasons.
5. Watch Hanover: the world's new energy automotive industry chain has gradually taken shape.
Hanover Industrial Fair in Germany, you can see new energy vehicles started in various areas, come from the standard charging plug to the motor, battery innovative design and then to cars, hybrid fuel vehicles, fuel cell vehicles, in the Hanover Industrial Fair, held recently on the results of a landmark is the electric vehicles the advent of universal charging plug. Volkswagen, General Motors, Mitsubishi and other leading global vehicle manufacturers and power companies, charging for electric vehicles, GM has been the standard plug reached a preliminary agreement, and developed a sample, which for the mass production of electric vehicles, paving the way.
Analysis:. new energy vehicles in China with international standards the development of new energy vehicles large domestic enterprises in the world standards to reflect the will of its own is not strong.
6. Daimler and BMW will deepen the cooperation in three core areas.
Daimler and BMW have been mixed in addition to cooperation in the field outside the motor car will continue in the procurement, research and development, and three other motor vehicle financing and other core areas of deepening such cooperation, which will save the companies billions of euros in costs. The parties specifically exclude the possibility of cross-shareholdings , but if the car sales continued to decline, the two sides set up a holding company of the program is worth considering.
analysis:. both in the joint procurement easier, and research and development more difficult, that reduce the cost of their cooperation strong will, and the trend of energy-saving technologies the world needs both arrived in the United ...
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