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Wednesday, April 1, 2009

Chinese joint venture auto industry's future?

By Professional editor from led automotive bulb.

Brief content: Shanghai GM also told reporters that GM will not be high-level changes in the development of Shanghai GM impact GM attaches great importance to the Chinese market, Shanghai GM and the related investment projects and business will continue as planned . Chrysler is responsible for the Asian market-related business people that the crisis on the North American auto operations of Chrysler some global influence, but Chrysler did not intend to abandon the Chinese market.

GM and other auto makers face a "big shake", the Chinese partnership, shall be affected? Yesterday, the journalist interviewed relevant servant enterprises.

GM reforming plan as "hard board", CEO Wagner was coerced to resign afterwards news came out, this journalist had an interview with GM related to Chinese corporations, which said: GM in China because of all the finances and policies are in China formulate regional population, and Wagner's withdrawal cannot be GM in China are any adverse impressions, frequent in all Chinese finance and commerce shall extend as usual. Chinese high-level GM said, "Prior to this, GM committed to invest in China one billion U.S. dollars, encompassing the audience of the energy boost finance, broaden presentation and so on. At current, this engagement remains." In the commodities, GM shall extend to introduce fresh energy cars and related technologies. 2011, GM's majority approached Volt prolonged range electrical cars shall be introduced into the Chinese. In attachment, the fresh 1.6-liter turbocharged motor shall also be introduced to China.

Shanghai GM furthermore notified reporters that GM will not be high-level alterations in the development of Shanghai GM influence GM attaches large significance to the Chinese market, Shanghai GM and the associated buying into tasks and enterprise will extend as planned.

Due to Fiat Auto have formed an alliance with the agreement, Chrysler is expected to help the United States Government. However, weaker Chrysler still become the focus of attention of the outside world, the storm will affect the operation of Chrysler in China has also aroused concern about the industry. Chrysler is responsible for the Asian market-related business people that the crisis on the North American auto operations of Chrysler some global influence, but Chrysler did not intend to abandon the Chinese market.

Industry professionals accept as factual that, despite of which business, if its parent business, Europe and the United States proceeds bankrupt, the Chinese junction project will absolutely be an harmful effect on the brand's integrity and status to decrease, likely follow-up to the introduction of stuck vehicles, and even Europe and the United States monster junction project through the sale of assets to equity and the preservation of their own. But even so, the mainstream of Chinese junction project will not be effortlessly shut, first because the Chinese junction project has a powerful base often; two are still hopeful about the Chinese market, junction projects, there is no inquiry of survival.

"The Chinese market is the majority profitable market, Europe and the United States must not abandon the Chinese corporations, servant partnership corporations must hence not be touched via a main impact." Consultative growth of China's auto industry masters think the corporation, "the occasion of bankruptcy headquarters must be The main sell with a figure of evil resources, good point, the fresh shareholders shall be protected. - 21392

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