Market & Industry
Initialing Joint Venture Owned Brand, Changan Capacity Expand with Ford

The first plant of Changan- Ford which is located in No. 1 West Changfu Rd. new North Area of Chongqing City, may produce the first Changan- Ford owned mode after 2 years, which is coded I06.

May 20 , 2014
CHEN Guozhang, Former President of Renault, Switches to PSA, In Charge of DS

As reporter known, CHEN Guozhang, former executive president of Renault switches to PSA and in charge of DS brand Chinese and Asian business. Outsider believes that swift of CHEN Guozhang is connected with Carlos Tavares. He was the COO of Renault and “original supervisor” of CHEN Guozhang. Carlos Tavares joins PSA at the end of last year, and takes global president of PSA in April this year.

May 19 , 2014
Luxury Car Competes for Sales Mode, Second Camp Speeding Channel Organization

Facing the huge market of China, no automobile company will let it walk away. They optimize structure actively. At present, Chery- Jaguar- Land Rover announces with Jaguar- Land Rover, both sides will found a new sales and marketing service organization for China made and imported automobile sales.

May 19 , 2014
FAW- VW Foshan Plant Capacity Increase, Total Capacity Grows to 600 Thousands

On May 7, FAW- VW has its groundbreaking ceremony for the second phrase project of Foshan Plant at South China Base. The plant will own about 300 Thousand cars capacity after the second phrase project build up. The entire production capacity will mount to 600 thousandth.

May 16 , 2014
Dongfeng- Renault Faces Red Ocean, HU Xindong: Take it Slowly

On 12 May, Nissan announces its financial report. Net profit of Nissan has increased 14% to 3.8 billion dollars up to April 31, because Japanese Yen deprecation and sales growth in China and North America. Global sales of Nissan has increased 5.6% over last year to 5.19 million cars. In financial year 2014, Nissan expects small 4.1% growth to 3.94 billion dollars because Japanese consume tax increase may hurt automobile sales.

May 16 , 2014
XU Liuping Cooperates with Fields: Changan- Ford North to Haerbin

“We do not want to build new plant yet.” MA Ruilin, president of Changan- Ford tells reporter during interview. Plant of Changan- Ford are very flexible, which is able to meet market demand based on real situation. 4 days ago, HUANG Yanxin, vice director of Rural Economic System and Management Division of Ministry of Agriculture, says not in purpose that Changan- Ford plans to build new plant in Beijing when he takes the “2nd New urbanization Conference”. He criticize Beijing “Beijing owns so much manufacture industry companies, such as Benz, Hyundai and Beijing Auto. Now it still wants Changan- Ford. How do other cities develop under the situation.” The speech shall be taken as the response for Changan- Ford Beijing plant build. However, it is possible that capacity of Changan- Ford is not enough. According to public statistics, sales of Changan- Ford last year was 679 thousand cars, which has increased 62% over last year. It is the fastest growth joint venture among others. The first and second plants of Changan- Ford own capacity of 600 thousands per year. Even with the other 2 plants, the entire capacity only mounts to 1.2 million cars per year. It still distance 300 thousands cars from “1.5 million sales goal”. Where is the next spot if does not include Beijing inside. Changan builds plant in Beijing already, which paves for Ford forwards north. However, the current policy situation will not allow Changan- Ford moves into Beijing. Beijing now thinks about move manufacture project out of the city because of environment pressure and Beijing- Tianjin- Hebei Province synergy. Under the background, it is not very possible for Changan- Ford against tendency. However, it does not mean the company will give up its north plan. On May 12, MA Ruilin did not go back to Chongqing after take part in ceremony of Chinese Super League. However, he went to Haerbin with four senior managers, which research for Changan- Ford plan in the future. It is the first time for senior management of Changan- Ford visiting Haerbin Aviation. Haerbin Aviation is a choose of Changan, which shall tightly connected with destination of Changan- Ford in the future.

May 15 , 2014