Key information from the National Federation of daily news
by automobile this week outlined:
1. 4 automobile market increased steadily in March
99 million small-car market hit a peak after 4 months continue to reflect strong passenger car market in the narrow sense of the trend. According to the internal communication by the Federation of view, relative to the first week of April 2009 the same caliber of the main manufacturers shipped 34,000 units of average daily high, up increase of 33%. ring the first week of March 2010 the daily average sales growth of 35%.
relative to the second week of the manufacturers sales in April 2009 Week 2 of the same caliber of the main manufacturers of the average daily volume reached 3.6 million units of high, an increase of 38%. the chain in March 2010 the first 2 weeks of daily average sales growth of 5%. In the current situation of market complexity, the relatively good sales this week.
2. This week the economy state policy efforts to stabilize earlier this week a super
quarter economic data uncertainty, economic growth is good. in the first quarter, house prices nationwide soared 16% year on year in the context, the Government issued three days after another on the 14th State Council executive meeting documents, 15 for the Land Department in 2010 to plan and the State Department notified the three programmatic policy documents such as housing prices rose too fast, this is a rare strong policy control, reflecting the government regulation of the real estate determination can not be ignored. The housing problem has been increased from the economic level to affect social stability, about the political dimensions of people's livelihood, and the more targeted policies, the speculative demand for the marginal inhibition is more obvious. From the analysis, the current mainstay of the car, etc. The rapid growth of the industry situation and the domestic economy and increased the capacity to withstand the crisis, the concept of the pillar industries of real estate should be turned into pillars holding stability, and economic pillars of the car for more promotion, this industry is good for passenger cars.
for regulation will curb the overheated real estate prices continued to rise expected, reducing the possibility of there global bubble, reduce the risk of the financial system, making economic growth more stable. from the longer-term time perspective, the real estate position in the economy reduced, especially to curb investment demand, will guide the flow of social surplus funds more in other industries, the use of funds to increase the efficiency of the whole society, the containment of prices may also increase spending in other areas residents ability. in particular to promote resident consumption of over-investment funds turned back from the consumer has a positive meaning. private car consumption of residents with better financial security.
3.
similar price control and automobile supply and demand from the market point of view, this the price regulation to increase supply to ensure that the relative balance of supply and demand. And from the auto market to see a lot of market characteristics is the case, the formation of a huge excess profits of speculation. In case of goods vehicles under the Ministry of loose, individual dealers and strive to make cars appear more intense source to form a series of sales increase consumer satisfaction problem, and similar vehicles in short supply effect of rising house prices to stimulate buying, resources, the more nervous, more purchase of a lot of people increases. When resources are tight, the market instead of waiting to see. The current housing market and automobile market back to normal state of the rational consumer is a good thing.
4. Do not make the market to normal this year as manufacturers with disaster
gradually increase production capacity, market supply and demand gradually from the 2009's demand into balance production and sales, which industry, consumers will be a good thing or a disaster?
imbalance between production and marketing, demand should be good, but no one in short supply that the market is not normal; gradually balance the market supply and demand, but a lot of people uncomfortable, and that this is a serious abnormal. I think the balance between production and sales, and even competition in the market oversupply is the normal state transition for the market over-speculation, I do not know what is the significance?
5. the market does not need to mess with the numbers on the industry s
dealer inventory and inventory data by the Federation Council is always in close observation and early warning. The 1.6 liter that has been reported that the following passenger car inventory serious, I do not denied dealer inventory growth, but I just do not understand the reference to the relationship between figures and conclusions, figures can not mess Resolution.
industry was not strictly accurate inventory data, so data need not be too seriously, the actual inventory is always Yuanda Enterprise in this state. both good and bad markets, the overall automotive industry, automobile manufacturers have not less than 0.3 the inventory reported in the depth of the so-called high-value inventory. and we must see an annual efficiency of 09 commercial vehicles has been low, many manufacturers possession of a few stocks 的 2009 did not spit, do not explain the industry inventory data, particularly data on the low side truck seriously, while the narrow passenger car sales data is relatively balanced. reference data must have a reasonable basis for causal relations and information otherwise assume, of course, assume it can, and sometimes the assumption is consistent with the facts, but with independent data and error status information inferred conclusion is always bad, especially for the state do not understand the characteristics of the industry can not just consumers with digital flicker.
6.
brands need a lot of industry self-regulatory status of more complex figures are confusing. own brand as the industry's strong, must have a strong self-discipline, so long-lasting high-speed development.
7. Renault exit India joint venture company in India is a cause for concern
multinational focal point of contention is not only the capital investment and product strategy is the counterpart of the system adjusted. emergence of Renault this week out of India joint venture enterprises, and the pre-Benz sold shares of Tata Group, to reflect the multinational retreat, this exit and enter the major adjustment is worth attention and reflection of Chinese enterprises, joint ventures need to strengthen their independent development capacity, which is not simply to enhance enterprise capabilities, but rather the development of future joint ventures, the basic conditions for survival.
one, new products, price scanning
1. BYD G3 Smart Edition listed.
4 月 16 日BYD Auto's launch of the price: 1.5MT Xin Ya-type 77900, 1.5MT Hoya type 80900, 1.8CVT Hoya type 96900, 1.8CVT Qi Ya-type 109,900. BYD G3 equipped with the keyless system, keyless car owners can achieve accurate identity of the intelligent identification, a key to start and other functions.
analysis:. BYD product upgrades and the rapid advance of faster electronic products series and gradually form a system. The G3 expected target 2 million units / month has been reached Elantra high-low combination with Yuet peak levels of high-end, and now the gap is huge. the future need for inter-vehicle prices, a balanced distribution of sales, but is estimated to be significantly inhibited the potential to enhance sales.
2. 31.98-36.48 million hybrid Camry officially off the assembly line.
4 月 12 日 Guangzhou Toyota officially announced that the Camry hybrid off the assembly line, and publish the model price of 31.98-36.48 million. hybrid Kay Murray would only sell in the permitted area (specifically, the increase in the sales area), and a new car to the shop to be sold. now been identified for domestic sales of hybrid Camry models region: Beijing, Shanghai, Tianjin, Chongqing, Dalian, Hangzhou, Jinan, Hefei, Guangdong, Hunan, Jilin, Fujian, Shaanxi, Sichuan, Guizhou, Gansu, Yunnan, Jiangxi, Xinjiang and Ningxia. Camry Hybrid warranty is 3 years or 100,000 km, HV Ni-MH battery warranty period is 5 years or 200,000 km, and vehicles with battery life. dynamic, hybrid Camry with a 2.4L gasoline engine models will be (147 hp) and 40-horsepower electric motor gasoline-electric hybrid dynamic system, its The maximum power can reach the power 2.8L-3.0L models, the car that is the core technology used in Toyota Hybrid Synergy Drive (gasoline-electric hybrid system). Camry Hybrid uses a new generation of Toyota's hybrid system strong, by the electric motor, engine, HV batteries, generators, power separation devices, power control unit, according to different driving conditions, driving forces alone to drive the motor, or the use of the engine and electric motor-driven vehicle. from the planetary gears and other components of the power separation unit will be divided into two engine power, in part be used to directly drive the wheels.
Analysis:. The Camry Hybrid curb weight 1670 kg, an increase of 150 compared with the same model kg, costs a lot. The higher prices, from the Prius market performance, enhance the image of this if the owners, after all, Chinese consumers are pragmatic, will not bring significant growth in private car sales. However, needs of special groups of public funds and the concept car and luxury, Guangdong, in particular the recent introduction of electric vehicles policies should promote the upgrading of its government procurement.
3. promotion.
4 月 16 onwards, all parts of the FAW Mazda dealership to buy Mazda6, can enjoy the innovative financial Programme: , dealers can enjoy complimentary full purchase tax concessions.
4 月 1 日 至 6 30, Dongfeng Honda Civic was held for : Any car users have a chance to visit the Shanghai World Expo; also be offered, including oil cards, auto emergency kit, including the , car kits and other Fun Gifts with activated carbon. Dongfeng Honda quad two , replacement gift packs and so on; also launched a nationwide interest-free loans and other financial services.
to June 6, 2010, Dongfeng Citroen launched Sega four lines in parallel for a nationwide tour of the trip, signed up for interactive activities, users can receive all kinds of gifts.
to May 15, 2010, Shanghai launched the British sea sea lucky big turntable activities on the Internet Registration and participation in activities, have access to 500-3,000 per car fund, and have access to South Africa the opportunity to watch the World Cup.
Second, the macroeconomic environment and policy information
1. a quarter of economic releases.
first quarter gross domestic product 8.0577 trillion yuan, calculated at comparable prices, an increase of 11.9% over the year earlier, accelerating 5.7 percentage points. Among them, the primary industry 513.9 billion yuan, an increase of 3.8%; the second industry the added value of 3.9072 trillion yuan, up 14.5%; the tertiary industry 3.6366 trillion yuan, an increase of 10.2%.
A, the basic stability of the overall agricultural production, grain sown area continued to increase.
B,. rapid recovery of industrial production , a substantial increase in enterprise efficiency. A quarter of above-scale industrial added value up 19.6% over the year earlier, accelerating 14.5 percentage points. sub-region, the eastern region increased by 18.3%, 23.1% growth in the central region, the western region increased by 20.2% .1-2 year, national large-scale industrial enterprises realized profits of 486.7 billion yuan, an increase of 119.7%. which produced 1.75 million vehicles in March 1-March production units 4.59 million units.
C. rapid fixed assets investment growth of real estate investment growth accelerated. in the first quarter, fixed asset investment 3.532 trillion yuan, up 25.6% over the same period last year dropped 3.2 percentage points. The urban fixed-asset investment 2.9793 trillion yuan, up by 26.4%, down 2.2 percentage points; rural fixed assets investment 552.8 billion yuan, an increase of 21.0%, down 8.4 percentage points. of different regions, 24.4% investment growth in eastern and central regions increased 26.2%, 30.0% growth in the western region. the first quarter, real estate development invested 659.4 billion yuan, up 35.1% over the same period last year to speed up 31 percentage points.
D, steady and rapid market growth, rapid growth in consumption hot spots. in the first quarter, total retail sales 3.6374 trillion yuan, up 17.9% than the year earlier, accelerating 2.9 percentage points. by Location of business, urban retail sales total 3.0571 trillion yuan, up 18.4%; rural retail sales of consumer goods accumulated 580.3 billion yuan, up 15.4%. according to consumption patterns points above Retail sales 1.2877 trillion yuan enterprises, of which motor vehicles was up 39.8%.
E,. Consumer prices rose, production and prices rose rapidly. in the first quarter, consumer prices rose 2.2%. Among them, the city rose 2.1 % in rural areas rose 2.4%. from the chain perspective, in March consumer prices fell 0.7%. the first quarter, industrial producer prices rose 5.2%. from the chain perspective, in March rose 0.5%. in the first quarter, raw materials, fuel and power purchase prices rose 9.9%.
E,. accelerate the recovery of foreign trade, trade deficit in March. a quarter of total imports and exports 617.85 billion U.S. dollars, up 44.1% over the previous year fourth quarter, accelerating 34.9 percentage points. Among this, exports 316.17 billion U.S. dollars, up 28.7%; imports 301.68 billion U.S. dollars, an increase of 64.6%. import and export balance, surplus of 14.49 billion U.S. dollars, less than the 47.9 billion U.S. dollars last year; of which, March trade deficit of $ 7,240,000,000.
F,. urban and rural incomes continue to grow, transfer income growth is still faster. the first quarter, total income of urban households per capita 5787 yuan. in which urban residents per capita disposable income 5308 yuan, an increase of 9.8%, after deducting price factors, real growth of 7.5%. per capita cash income of rural residents 1814 yuan, up 11.8%, after deducting price factors, the actual increase 9.2%.
G, high money supply growth eased, new loans fell .3 end of broad money supply (M2) balance of 65 trillion yuan, up 22.5% over the previous year fell 5.2 percentage points; narrow money supply (M1) balance of 22.9 trillion yuan, up 29.9%, down 2.4 percentage points; the currency in circulation ( M0) balance of 3.9 trillion yuan, up 15.8%, accelerating 4.0 percentage points. RMB loans of financial institutions balance of 42.6 trillion yuan, an increase over the beginning of 2.6 trillion yuan, up by 2 trillion yuan less; RMB deposits 63.8 trillion yuan, an increase over the beginning of 4 trillion yuan, up by 1.6 trillion yuan less ..
Analysis: .1 faster growth in the quarter car, in which the truck is growing rapidly. iron and steel, cement and other important basic products over 20% production growth, coupled with the resources and housing prices soared, the growth rate of resource products consumption growth over large trucks was up resulting better growth in private car is not ideal.
2. Bo South: second dip risks have subsided.
Federal Reserve Chairman Ben Bernanke on April 14 testimony before the U.S. Congress that the U.S. economy seems to have entered a mild recovery. In view of signs of a rebound in private sector demand, U.S. economy into a came out, more private economists have begun to rise on the U.S. economic recovery is expected. Many people believe that, after the outside world economic growth forecasts may be too conservative.
Analysis:. Although a good number of the Chinese economy, but China's economy for thinking of the second bottom, the United States should give the Chinese confidence in the economy.
3. Zhong Shan, Vice Minister of Commerce: China-US agreement on the RMB exchange rate remained stable
Zhong Shan, Vice Minister of Commerce of early non-stop to persuade the United States conducted a series of explanatory work, on April 17 he said, China has established the :. the exchange rate will not increase growth in exports this year are expected to have greater domestic confidence, but also to adjust domestic policies to bring better external environment.
4. State Council executive meeting of the economic situation in the first quarter. < br> 4 月 14 meeting the State Council executive meeting to analyze the economic situation in the first quarter, research and plan the next stage of economic work. meeting that the current economic environment remains extremely complex and rapid economic growth, or policies to stimulate a greater extent the result of There are also reasons for the low base last year, the process of economic recovery there are still many good contradictions and difficulties, some new situations and new problems also appeared. The meeting stressed the need to adhere to the handle to maintain stable and rapid economic development, economic structural adjustment and management of the relationship between inflation expectations, as the core of macroeconomic regulation and control, to speed up the transformation of economic development, improve quality and efficiency of economic growth in a prominent position, to continue to implement the proactive fiscal policy and loose monetary policy, efforts to enhance macro-economic policies relevance and flexibility. present, we should focus on the following:
devote greater effort to grasp agricultural production. to financial regulation and control. strengthen liquidity management and maintain appropriate growth of monetary credit. continue to strictly control ; two high effective supply, a more stringent differentiation housing credit policy to curb speculative buying. accelerate research to develop a reasonable guide individual housing consumption tax policy. to maintain a reasonable steady growth in domestic demand. actively promote structural adjustment. continue to implement the restructuring and revitalization of key industries . to increase energy conservation efforts. to enhance the level of opening. accelerate reforms in key areas and crucial links. vigorously protect and improve the livelihood of the people ..
Analysis: .1-quarter economic growth was designated as the policy to stimulate faster results The policy aims to iron out fluctuations in economic growth, how to improve the timeliness of policy adjustment and forward-looking test of ability, these priorities reflect the work of readjustment.
5. Notice of increase, some cities, house prices, land prices appeared precipitous rise, the speculative re-active, you need to pay close attention. First, all localities and departments should earnestly perform their duties to stabilize housing prices and housing security. (a) of the unity of thinking, awareness. (b) establishment of an examination of accountability mechanisms. Second, resolutely curb irrational demand for housing. (c) of the differential housing to implement more stringent credit policy. (d) to play on the housing consumption tax policy and regulation of real estate income effect. Third, the increase in the effective supply of housing. (e) increasing the effective supply of residential land. (f) adjusting housing supply structure. Fourth, to speed up construction of affordable housing. (vii) ensure the completion of the construction of affordable housing in 2010 300 million units, various shantytowns housing 2.8 million sets of tasks. V. strengthen market supervision. viii) strengthen the real estate development companies to buy land and finance regulation. (i) increase the trade order supervision. (X) improve the real estate market information disclosure system.
Analysis:. many times in a row instead of air conditioning for housing prices rose after the policy stricter. the control down higher level of social stability.'s visit to the performance of the speculative demand for unprecedented harsh attitude. At the same time by a hunger to encourage increased supply of sales law changes to curb soaring housing prices. and the establishment of accountability of officials directly involved in performance evaluation, it is more popular.
6. iron ore price fierce as a tiger.
It is reported that Japanese steel companies have reached with CVRD price is $ 105 per ton, higher than the previous year 92% of the agreement . not only the price surge, shortened the duration of contracts, mining companies will monopolize maritime operations, from which make the difference. BHP Billiton on March 30 announced that it has the same number of short-term price agreements. lasted 40 years, the annual iron ore pricing model is completely broken.
seller of these increasingly demanding blackmail, firmly resist the iron and steel enterprises in China. At present, three iron ore giants have not yet signed with the international price agreement. Australian miners users in China's offshore price of 110-120 U.S. dollars / ton, at current shipping market, the CIF will be to 148 in U.S. dollars / ton.
4 13, 63% from India grade iron ore CIF price has reached $ 176 / ton, the highest bit. compared to same period last year, has a whole has doubled. the spot market so that mining companies adhere to the crazy double the increase of lung power more abundant. in iron ore the expected significant increase in the cost of stone under the pressure of the recent major steel price increases for steel prices frequently, the domestic steel prices are rising rapidly, from a low of last year, has now been increased by 20% -30%.
Analysis:. As investment growth decreased, while iron and steel stocks higher, prices will not last. and not narrow the amount of passenger car steel, iron ore, the impact of price increase modest.
7. oil price adjustment during the year for the first time gasoline prices country Ⅲ 90 0.24 yuan.
National Development and Reform Commission announced late on April 13, the official raised gasoline and diesel oil price per ton of 320 yuan, while jet fuel prices have also increased accordingly .90 and 0 # diesel gasoline national average retail price increased by 0.24 yuan per liter and 0.27 yuan. Development and Reform Commission said the price adjustment to control the chain reaction, the oil price adjustment, the urban public transport, rural road passenger transport, rail passenger and freight prices, Additional standards are not improving aviation fuel.
Analysis:. Although the automotive industry guide price competition has been full of little significance. However, the pricing of the interests of big oil, the core of the problem is a monopoly.
8. SGD appreciation of the yuan appreciation is expected to lead or follow the example of Indonesia, South Korea.
monetary authorities in Singapore April 14 to re-set the currency's trading range, and said it would allow Singapore to continue to rise. This is a positive anti-inflation measures, but also help to restrain economic growth from overheating. In the first quarter of Singapore's economy grew 13.1%. Singapore set off a new round of this approach the expected appreciation of Asian currencies, especially the sudden appreciation of the renminbi is expected to increase. speculation , the Chinese government to follow the Singapore currency appreciation, or policies to deal with the threat of inflation. Many foreign media that, in Singapore, South Korea and Indonesia are likely to also make an appropriate appreciation of their currencies. After the news, Asian currencies have gained.
Analysis:. revaluation is expected to lead to increased domestic asset bubble, China's economic environment is complex.
9.
resources such as tax reform within a year of fuel tax reform, in the last year, only half the task, put the maintenance fee change became the levy of consumption tax, it also leaves the other half did not complete the task, that is, through the consumption tax, fuel tax to achieve emission reduction targets. He believes that the pressure of the huge energy saving, per unit of GDP in 2020 carbon dioxide emissions must be reduction of 40-45% of the target, so the next step must also be increased for gasoline, diesel tax approach to strengthen the function of the price of fuel tax.
Analysis:. resource tax reform is estimated that the owner must increase general consumer box groups using the cost of future passenger car market to experience the pressure adjustment.
10. Motor Credit: Policy will focus on support from auto finance companies
recently was informed by stakeholders, to further boost automotive consumer, automotive credit support Policy forthcoming. It is reported that the policy will focus on supporting auto finance companies and auto finance operations. The New Deal will focus on major national objects to companies account for only 20% of total loans, while commercial banks have accounted for 80%. If the increased development of the auto financing company, will vigorously promote the automobile consumption credit business. state when given support from the capital, auto finance company to purchase interest to provide loans for cars will be lowered to attract more buyers into the door of an auto financing company ..
11. China's first regional program to develop electric vehicles mm vehicle charging problem. The plan referred to electric vehicles, including hybrid electric vehicles, pure electric vehicles and fuel cell electric vehicles. By 2015, sales of electric vehicles for the province's total new car sales accounted for 3% -5%, yield accounting for about 5% of the total automobile output. to public transport, government agencies and institutions, focusing on the demonstration of electric vehicles to carry out operational work for 3-5 years, up to 30,000 operating scale model. to encourage government departments and institutions to buy electric cars, and setting a quota and funding in the vehicle priorities. local governments to gradually increase the proportion of electric vehicles in the car, and strive to about 10% by 2012.
analysis:. This is the first regional action of electric vehicles planning, direction greater significance. Guangdong with Toyota, Nissan, Honda and other new energy vehicles leading group of international car prices, coupled with the rapid development of BYD, Guangdong plans to promote the reality of greater significance.
three new cars Information
1. Beijing Motor Show, Nissan MARCH Chinese naming Ma Chi?
Nissan MARCH and the import of a new generation of the Geneva Motor Show last month in the fourth generation of fame out of the same door MARCH model system is at Nissan's one of the most popular models. Since its inception in 1982, Nissan MARCH has four generations of transmission. The MARCH of the Chinese name as .
Analysis:. a new generation of the target consumer group is MARCH 80, represented the younger consumers, and MARCH competitors including the new Sail, Aveo, Swift, Yaris, C2 and other models, For now, MARCH pricing in between 7-9 million, far higher than competitors such as Sail and Swift models, higher pricing could allow Nissan's capacity pressures ease.
2 . During the year, or will launch Chevrolet Spark Spark Beijing Motor Show will feature a new generation
1.0L inline 4-cylinder engine, with five-speed manual gearbox, one hundred kilometers mixed conditions fuel consumption is only 5.1L, one hundred kilometers mixed conditions under 119 grams of carbon dioxide emissions. With a new car to enter the European market, also made the process of implementation of last year, the domestic version of models tested in the shape of the road vehicle and with what we see now in the appearance of the production version the same, the Beijing auto show debut, made the Spark is also expected to start this year in domestic sales ..
comprehensive analysis:. At present SPARK main 1.2 liters, and the new one liter machine in the micro-off has been a gradual manner. face Benben MINI's strong debut, manager of sales fell after the beginning of the competitive vitality of SPARK should be excited.
IV News
1. BYD: sales for the first time in the top three
latest data show BYD Auto in March this year, sales reached 68,129, growth of 99.3%, an increase of 112.3% full beyond the Japanese car firms, the first advance three. Thus, the first quarter of BYD Auto has sold more than 163,500 total vehicles, up 110% from a year earlier. BYD's total of 3 models into the vehicles to reach a new high of 10,100. In addition, the new wealth of high-class cars F6 8056 version also gain a performance ..
analysis:. Historical amazing coincidence, is March's own brand of outstanding .07 years March of the Chery won the first of March this year, BYD into the top three, which are own-brand sales in the peak of the spring reflects the dominant position. but its own brand sales is still not over the pursuit of status and numbers, sound development is still important.
2. Wuhu set made 6.5 billion investment in Swiss Heavy Trucks Heavy
joint project of Wuhu Swiss base set first phase of the construction work is in full swing, painting, frame, welding, assembly such as the four main plant has been capped, is entering the equipment installation phase is expected to re-card the first one off the assembly line by the end of October this year.
The total investment of 6.5 billion, including the truck plant project (ie an annual output of 200,000 in heavy-duty and heavy vehicle production areas and finished vehicles), truck plant to plant and transmission matching Axle Plant. planning and construction period of 6 years, sub-3 building. where an investment of 2.2 billion, the annual produced 30,000 heavy truck vehicle construction, production and independent research and development, the domestic heavy truck market in high-end products. is expected to formally end of 2010, a project volume production, annual sales income will reach 9.0 billion. Set Heavy Swiss joint project by the Wuhu Terry Investment Co., Ltd., CIMC Vehicle (Group) Company Limited and Shenzhen Investment Management Co., Ltd. jointly Jiusi invested a total investment of 6.5 billion yuan, covers an area of 4350 mu.
Analysis:. this project area and inputs are not small. At present, China's heavy truck companies are facing pressure to upgrade technology, new entrants more difficult.
3. hippocampal KD overseas factories in Russia assembly building models
Hippocampus hippocampus 3, 2007 began to develop the Russian market, looking for potential partners and ultimately in Russia DERWAYS company entered into a collaboration, the two sides signed the end of the hippocampus 3 hatchback and sedan assembly cooperation agreement. Under the agreement, authorized DERWAYS hippocampus and assembly in Russia Distribution 3 sedan and hatchback models hippocampus, the hippocampal output KD car parts, providing production support, DERWAYS KD parts for import, assembly and distribution ..
Analysis:. domestic car prices by KD model and the rapid development in Russia eventually killed, the model seems little change in the hippocampus. future domestic automobile enterprises to expand overseas, or should learn the gradual improvement of Toyota, and make improvements for the target market.
4. Great Wall Motor Tianjin base completed this year a production capacity of 25 million
Great Wall Motor said in a statement, the group's vehicle production base in Tianjin, and other related facilities has begun on the construction of a 250,000 capacity building will be completed this year and first quarter 2011 production is expected to Tianjin will be completed in 2012 Phase II 250,000 base capacity building. In addition, the Great Wall of transmission projects of the former construction has been completed into production. Great Wall in 2010 plans to launch two new SUV products, is expected to be divided into 2.0,2.4 and 2.5 l three kinds of displacement.
Analysis:. As the country ...
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