Howard Liu: Some people say that heavy-duty truck sales in China will decline this year because of an inventory of 200,000 units in this market. But I think the sales this year will be flat, with a 5% fluctuation. The eventual trend will be determined by the intensity of the country’s macro-regulation and its control over the real estate market.
May 23 , 2011Affinia’s global footprint has changed dramatically in the past 3 years. We have closed over 25 different facilities primarily in North America to right size our business.
Apr. 29 , 2011"Federal-Mogul has in China manufacturing bases and a technical center to serve our customers. We have overall 11 manufacturing bases here for pistons production, rings, bearings, sealing, gaskets, friction material, systems protection and so on, together with our 18 technical centers in the world and more than 100 manufacturing plants all over the world."
Dec. 27 , 2010The global financial crisis temporarily disrupted growth in the business for exporting vehicles made in China. However, domestic vehicle manufacturers are once again focusing here and the business has picked up rapidly since early 2010, experiencing a 62.5% growth in the first nine months of 2010. Total export is as high as 405,200 units with even split of passenger and commercial vehicles. Such a strong rebound is largely fueled by a recovery of market demand in places such as Algeria, Vietnam, Syria, Russia, Egypt, Bangladesh, Iran, Chile, and Brazil. Moreover, improved product quality and a focused business strategy of Chinese local brands has contributed to Chinese export growth. One example is Great Wall Motor Company’s success in securing approval for sales in the European Union, which has enabled them to assemble and ship their 4 small cars to all European countries. It also has greatly enhanced the quality image and market acceptance of Chinese vehicles in other markets.
Dec. 21 , 2010