Key information from the National Federation of daily news
by automobile this week outlined:
1. 9 in the first week sales of passenger cars in early stationary
9 .9 manufacturers remained stable in the first week only 4 days, the resulting 8-end manufacturers such phenomena if Yaku will be reflected in the more obvious, in addition to Sept. 2 in the oil price adjustment factors on the September start of the negative impact on sales.
by the Federation from the main manufacturers of passenger cars within the narrow track to see, the overall average daily level of retail sales in a better manufacturer .9 in the first week in August first week of sales volume has increased 14% over 08 years the first week of September 136% of average daily sales growth. taking into account the first week of August some manufacturers leave, removing the factory base of 8-month 0, the first week of September relative to August with the first Sunday caliber are a slight decline in sales, which is a more reasonable result, the market basically no heat down.
2. the discussion of exit strategies
concern as the world economic recovery was evident, all the major national policy to stimulate the economy exit strategy into focus. from Observation of recent policy perspective, a lot of background sound worthy of serious policy concern, such as credit policies reflect the fine-tuning the background sound effects and so. As the economy a good friend, the emergency measures to stimulate consumption phase out, while the new system to improve the consumer policy The establishment is also imminent. only consider short-term policy to maximize long-term benefits of short-term expectations may be difficult to achieve. gradually reduced the intensity of existing policies and establish a new long-term incentive system may also focus on encouraging consumption in China. Further amplification of incentives is not realistic.
the present situation of information on vehicle emissions tax, which is gradually realized early rumors. If the tax information for consumers, consumption will have a huge impact, improper handling becomes inhibition of new consumer policy. irritant response to the crisis but also fiscal policy coordination to phase out other policies, to prevent the consumption of enthusiasm was quickly exterminated.
3.
diesel cars need to be cautious as the world's two major exporting countries, sensitive relations between China and Germany, several events in Europe and America are reflected in policy towards China is extremely concerned. Europe's increasing reliance on the economic crisis predicament Chinese market, which triggered a lot of trouble. With the abolition of vehicle characteristics, the crisis of government procurement problems, car has become a sensitive issue between China and Europe. If the auto industry to give concessions in other sectors of China's exports end mutual concessions, the Chinese auto market should make some concessions, the current strategy of Development and Reform Commission's position more. particularly in the automotive mainstream popularity of the promotion of small displacement, high-end diesel SUV in China do not have much chance, but do not come with a technological upgrade, only the improvement of trade surplus. With high growth in the automotive market in rural areas, diesel demand is not rich, not in the auto industry consumes diesel fuel at the same time then to seize resources.
4.
Chinese overcapacity of China is deploying inhibition of excess capacity in some industries and redundant construction. This is the type of production surplus. As the intensity corresponding to the larger economic crisis, local governments a strong desire for economic development, combined with self-help enterprises, excess capacity is more obvious. However, this excess capacity in the passenger area of the narrow and less obvious, but the mini-car more prominent industries such as the outbreak.
overcapacity in the Chinese style is often reflected in the explosive overcapacity. Micro-off and other such market growth in the outbreak period, and then enter the flat period of growth, and the resulting The outbreak of investment is slower than the explosive growth in consumption, while the explosive growth is explosive when stabilization of the production capacity in place of investment, the effect of the collision will be more dangerous.
5. China's luxury car in the world, raise the status of
With China becoming the world's largest car production market and the new car market, China's luxury car status in the world has been increasing. As China's products are highly inclusive, the world's top luxury cars are increasing investment in China, but also against China adjustment of product design system rising, European and American multinational corporations have gradually established R & D and sales of products in China at both ends of the corresponding system, the recent Mercedes-Benz also established design centers in China, which is the European Department of the foundation of China's successful luxury car, but its R & D system and other construction does not necessarily bring the production of localized deepening. the public's change in foreign mining procurement strategy has been adopted reflects the interests of recovery under the pressure tendency.
Japanese luxury cars the other hand, the products targeted to improve slowly. China inclusive, luxury brand market in China remodeling chance, Audi has already become the absolute leader in China, brand, and Japanese luxury cars for 60 years has been dissipated the impression, the negative attitude of the Chinese market more and more lost.
6. the employment pressure and the demand for cars in urban and rural employment pressure
now seems to be focus of economic growth, but my message seems to be confusing, a Pearl River Delta and other places is the rebound in exports caused by recruitment difficulties, On the one hand is difficult for university graduates. My understanding is that low-cost rural labor force is not as abundant imagination, and inefficient education, the pressure of urban employment are huge, and that led to the effective labor and wealth in rural areas access to the declining ability After all, effective employment and consumer groups, many from rural and urban living pressures are increasing.
employment groups in this trend of consumption of the rural market potential is difficult to expand substantially, and the city's hierarchy of needs is difficult to significantly speed enhance the future growth potential of rural car do not expect too much, excessive considering the effect of car to the countryside there is a continuous risk of recurrence. The downward extension of the marketing strategy should also moderate, urbanization trends such demand is still the private urban car body needs.
one, new products, price scanning
1. Senya Buoy Senya M80 officially announced in Beijing on sale. as FAW Group mini-car is an important independent strategy, deployment, Senya M80 not only maintain the technology partner, the world leader in small cars made mm Japanese technical quality small cars, and in the performance , practical value, the domestic market adaptability, the overall increase, the grand launch of 5 and 7 seater 8 seater standard product lines, 6 colors of the cars.
Senya M80 in effort to build reality. still, super value model L Standard 7 seater 56,900 yuan, 1.5L standard 5 seater 62,900 yuan, 1.5L standard 7-seater 64,900 yuan, 1.5L comfortable 5 seater 67,900 yuan, 1.5L 7 seater comfort 69,900 yuan, 1.5L luxury 5 seater (AT) 7.59 万元, 1.5L luxury 7-seater (AT) 7.79 万元 ..
analysis:. Senya As with good design standards and high standards of manufacturing technology security products, low prices, the market is very significant advantages over current products, there should be a very high sales expectations, the key lies in how the Chinese consumers to accept.
2. price of 37,900 yuan, the open Swiss Youyou LISTED.
9 1 May, to open Swiss Youyou work in Zhengzhou, Henan Lu Chen, portrait of the market. The new car's model for the horizontal 4-cylinder DOHC 16V multi-point EFI Gasoline The 1.0-MT, and 1.1-MT series, priced from 37,900 yuan. The first listing of the minimum configuration 1.0L models, prices of other models will be announced in the near future.
analysis:. Henan as the largest rural China the potential to become a strongly contested market, coupled with recent state subsidies paid to rural areas started, Chery small customer facing good opportunities for development, its future trends and entered by a strong reference to a model.
3. New Jun Wei Elite 1.6T Sport, priced 199,900 yuan.
9 2 March, Shanghai General Motors officially launched a new 1.6T turbocharged engine and 6-speed manual transmission generation Buick Regal 1.6 T Elite Sport, the market price of 199,900 yuan, in addition, there is the price of 4,000 yuan skylight option available ..
Analysis:. Regal 1.6T purchase tax incentives for listed directly form the only A purchase tax of 5% by the preferential reduction products, combined with its real price of the sensitivity of private consumption stronger groups, incremental potential. At the same time because the price is not too low, Shanghai GM's profits are more lucrative.
4 . Price 73 800 -8.48 million, the new 2010 models listed Elysee.
9 1 May, Dongfeng Citroen Elysee official listing of 2010 models, the introduction of two levels of a total of 3 models. which, Technology type manual 73,800 yuan, 84,800 yuan tech automatic transmission, the distinguished type of manual 82,800 yuan. The new password for the entire department added an electronic anti-theft system, reversing radar and traffic automatically latch, and with a new stylish metallic Drawing lines and advanced integrated throttle trim EAP technology, distinguished high-end model also adds leather seats ..
Analysis:. With the Aeolus listed, upgrading and adjustment of Elysee products is accelerating, particularly in entry-model raise the level of the larger configuration.
II, the macroeconomic environment and policy information
1. imported car parts unified tax rate of 10%.
Development and Reform Commission and other four ministries will jointly cancel the implementation of more than four years Part of the import tariffs. At present, this is the case of only a few high-end cars, each about a few million ..
Analysis:. after the implementation of new policies, especially for some of the production joint venture luxury car brands, and net imports foreign luxury car brands have a greater impact after the implementation of new policies, especially for a relatively low number of joint ventures localization rate is more favorable, such as the Mercedes-Benz, BMW and other luxury brands, luxury brands made these models localization rate is relatively low, the tax rate after reduction will save at least 15% of these enterprises the cost of taxes, it is worth noting that after the implementation of the new policy will be local parts enterprises in China cause a greater impact.
2. Development and Reform Commission: China's automobile production and sales this year expected to reach 12 million.
Bin in The introduction of the automobile industry in China Big improvement. 1.6L passenger cars in the proportion of the following models increased by nearly 10 percentage points. Secondly, the car to the countryside policies for the development of rural markets and expand rural consumption has played an important role in long-term development of far-reaching auto industry. Third Since this year, independent brand car business development in good shape. Fourth, a clear national strategy for the development of new energy vehicles on the current critical period is in the development of new energy automotive industry to the great support and promote. Fifth, made to promote the industry organizational restructuring of the new ideas, for the cultivation of large enterprise groups, to promote independent innovation, develop their own brand of great significance. Bin pointed out that with the increase in car ownership, energy supply, air pollution, traffic congestion and other issues will become more severe, increasing energy efficiency and emission reduction requirements. automobile industry must pay attention to sustainable development, emphasis on technological innovation capability, attention to the harmonious development and social environment. a simple model of development to expand production capacity has reached a time to be adjusted. grasp of the automotive industry should be cautious capital investment, more investment in the product structure adjustment and foster the ability of independent innovation, investment in the promotion of energy saving, environmental protection and new energy vehicle development and production, competition in the market to grasp the initiative, long-term sustainable development of enterprises . to prevent the blind expansion of production of conventional cars, resulting in industry-wide overcapacity ..
Analysis:. countries to promote the development of the automotive industry fully reflect the effects of policies, the future of sustainable development a priority.
3. Jianguo: function is to support the road vehicle purchase tax cuts make sense.
from the industry point of view, is there to consider what kind of car battery can be used in large quantities. may still be in private consumption of passenger cars, the city's goal is to coach . pure electric transit bus several hundred miles of gaining mileage, to the use of large quantities of motive power batteries, the battery is not the expansion and cost reduction has played a very good role in promoting, you can take to promote the use of new energy the development of the car.
we also support the proposed policy, it was proposed to reduce vehicle purchase. vehicle purchase function is to support road construction, so there is no reason to reduce easily. finances can not be funded subsidies, it is also very important concept for . some say that we have so many poor people, they need government subsidies to buy a car is relatively well-off people, the Government is not necessary to provide subsidies? make life difficult for the customs, government subsidies are more difficult. also present a thinking, for example, we can raise their own, such as to increase prices of petroleum products used in conventional cars, and subsidies in the development of new energy vehicles. Of course this is a thought, but we are still talking about oil prices too high. < br> Analysis:. media questions more concise, lay on the line of new energy vehicle development and support of policies is still no clear statement in the exploration of new energy vehicles to move forward.
4. Xin Guobin: to strengthen the new energy business access management.
new energy vehicles, there are some prominent constraints. The first evaluation of standards and testing system is not perfect. Second, compared with developed countries, the technology gap remains large. Third, the popularity of new energy vehicles also face infrastructure constraints.
interested parties on the development of new energy vehicles is very high enthusiasm. The new energy vehicles production show herd, the trend everywhere.
the next stage of work plans. First, to further improve the relevant amendments policy. clearly the development of new energy direction of the automobile industry. Meanwhile, in the new energy vehicles access management rules on the basis of the implementation, to further improve the new energy automobile manufacturing companies and product access management policies,
Second, strengthen supervision and management 1 is a new energy vehicles in strict accordance with the rules of access to management of enterprises and products of new energy vehicles access to the review of .2 is has received notice of the new energy auto companies and products to supplement the review to ensure the vehicles have been sold using the normal operation. Third, the joint local government departments to establish a sound system, new energy vehicles running protection mechanisms and supporting infrastructure for the development of new energy vehicles used to create a good environment. Third, the promotion of new energy vehicles, the coordinated development of key parts industry . Fourth, we must constantly improve the standards of new energy vehicles. The new energy vehicles are new, domestic and foreign management models and approaches are also being gradually improved. In this case, need to make full use of domestic resources and experience for the actual needs, From the testing, reliability, improved safety standards of most systems, the development of new energy vehicles in order to achieve the needs of ..
Analysis:. constantly improve the standards and management measures to strengthen the management is an important way to prevent overheating.
5 . Wan Gang: The Government will implement incentive policies for electric vehicles.
developed countries have more stringent vehicle emission and fuel economy regulations. which is characterized by the carbon dioxide emissions as an important measure of fuel economy. EU carbon dioxide by reducing vehicle Directive to limit emissions of new car emissions by 2015, the average new car emissions in Europe will be gradually reduced to 130 grams of carbon dioxide per kilometer by 2020, 95 g / km. U.S. fuel economy regulations passed in 2016 aims to sold in the U.S., the average 155 grams per kilometer of carbon dioxide emissions. to 2020 with the world's advanced flat. Japan's target is 2015 155 g, 115 g in 2020. less than the limit of the products will be encouraged. In France, if less than emissions of 60 grams per kilometer of products can be subsidized more than 5,000 euros. China will launch a new fuel consumption regulations, and will be implemented in 2015, the corresponding conversion of carbon dioxide emissions to 161 grams per kilometer. China on the one hand to the core technology, the key components, systems integration and infrastructure integration, focusing on the implementation of national development plans, increase investment in research. On the other hand, to small and medium-sized passenger cars and buses as a breakthrough, the implementation of incentive policies to further promote the industrialization of electric vehicles and commercial of.
Analysis:. objectives and specific measures may be out of touch. I do not know how to measure the goal of 161 grams in China, if only to encourage lower fuel consumption relative rather than absolute energy conservation, the state's energy goals difficult to achieve. < br> 6. Chen Qingtai: to forward-looking perspective, the strategic vision to assess the situation of new energy vehicles, and to re-examine and deployment of China's automotive energy strategy. in the existing policy, in order to obtain state financial subsidies, and some firms are not stepping up R & D accumulation of self-knowledge property rights, but the battery can not wait to buy key components from abroad for assembly and control system, calling it a supported the practice of assembling, then ten, a hundred examples to follow, popular assembly, innovation will die ..
Analysis:. many domestic enterprises assembling of new energy vehicles sell at high prices, multinational corporations and domestic loading huge profits, no accumulation of technology, the country has attracted more consistent negative view.
7. environmental pressure diesel vehicles are expected to turn raw salted fish.
National Development and Reform Department of Industry Director of machinery and equipment Li Gang, the traditional automotive gasoline and diesel vehicles in energy-saving, emissions control, still has great potential, should continue to focus on energy saving support. through the establishment of, and improve the appropriate supporting policy to give priority to the development of high-quality energy-saving environmentally friendly cars, is the relevant government departments are actively promoting car policies. energy saving models in the specific technical path selection, Li Gang that, first of all focused on accelerating the development of naturally aspirated and a small passenger car technology upgrade and improve the market share of low-emission passenger cars, followed by modest increases in market share of diesel passenger cars. strengthen the research of key technologies for diesel, the recent focus on increasing sport utility vehicles and multi passenger vehicles the proportion of diesel vehicles, the forward is gradually expanding the scope of application of diesel passenger cars.
Analysis:. NDRC's policy approach is better, the media's interpretation seems to be bias. the development of small displacement in Europe and China top priority, China will not develop in the European luxury car, while encouraging the development of low-emission diesel cars. diesel passenger cars is the lack of restricting the development of diesel, while the passenger's energy is the key, but Europe is also considering a small displacement in response to energy and environmental pressures. However, according to Europe's diesel technology has an advantage over Japan, the battle lines must be a hot topic in recent years. As the EU's big influence on China policy, abolition of vehicle characteristics, collision regulations, and other European diesel technology policies and activities need close attention.
8. Qin Bin: billion, motorcycle new 80000, the amount of 400 million yuan subsidy. all provinces and local governments attach great importance to this work and have taken some measures to actively promote the implementation of car and motorcycle to the countryside. Henan, Anhui farmers in the remote province to buy the cars motorcycles into the scope of local subsidies. We understand that auto companies have also taken various measures to actively support and work with the car to the countryside. Some companies with the countryside policies of the opportunity, actively develop products to meet the needs of rural consumers, and some by multiple state subsidies, corporate subsidies and various measures of services to rural areas to increase the subsidies, even the ones who enjoy the peasants.
view from the national car market According to statistics of the China Automobile Dealers Association data show that from January to July 2009, total vehicle sales of 7.18 million vehicles, an increase of 23%, and the cars, car models countryside incremental contribution of the car reached 35%.
next step: First, we should actively carry out a concentrated campaign car to the countryside, ready to combine the traditional automotive market Kim nine silver ten Township Vehicle sales charts and sales and service network list. Fourth, to further improve the rural distribution networks. Fifth, strengthen the supervision on the car to the countryside prosecution efforts. Sixth, tracking policy implementation efforts, to resolve existing problem.
Analysis: .7-8 traditional off-season months of micro-off is still outstanding market performance, and the main corporate performance super car to the countryside is better.
9. MIIT: to encourage conditions of the acquisition of overseas brands SMEs.
the Ministry of Industry will continue to promote the pragmatic and the country of small and medium enterprise market development, technical cooperation and trade exchanges, enhance cooperation with foreign small and medium enterprises, communication and inter-regional cooperation, and encourage qualified SMEs in various forms in foreign investment, mergers and acquisitions, the acquisition of the brand, the establishment of trade and technology R & D entity. To create a favorable environment for SMEs in international trade and economic cooperation, the central government strengthened its cooperation with relevant countries and international organizations in the field of SMEs cooperation and exchange, the establishment of an intergovernmental mechanism for policy consultation for SMEs on a regular basis, and signed the relevant agreement. To better promote the development of industrial clusters, our country will be implemented in the most recent demonstration project of a hundred industrial clusters.
analysis: . automobile industry of the private vehicle and parts companies overseas cooperation should be a good chance, although it is lack of capacity, but has great potential.
10. Ma Kai: to promote eight key areas of structural adjustment.
Ma pointed out that the international financial crisis has highlighted the problems of unreasonable economic structure, so that the task of solving the problem more urgent, but also to speed up economic restructuring has brought a rare opportunity. to promote economic structural adjustment should adhere to the scientific outlook on development as guidance, dealing with economic growth and structural adjustment, the relationship between local and global, market and government relations, the relationship between recent and long-term, domestic and international relations, the following eight areas and key links in key areas of work: First, adjust the structure of demand in to maintain investment in moderate growth and stable external demand at the same time, efforts to enhance the consumption of economic growth effect; second is to adjust income distribution structure, focus on improving the work remuneration in primary distribution of income and narrow the income gap; third is to adjust the three industrial structure, While continuing to strengthen agriculture as the foundation to promote the industries to grow stronger at the same time, focus on improving the proportion of service industry; Fourth, adjust the industrial internal structure, with one hand and industry efforts to eliminate backward production capacity, with one hand and strive to foster new industries; Fifth, adjustment of urban and rural structure , in the continued strengthening of rural construction, efforts to promote the development of urbanization and urban-rural integration; six is to adjust the regional economic structure, continue to implement the overall strategy for regional development, focused on building strengths, positive interaction and coordinated development of new pattern; seven to adjust land development of spatial structure, focus on promoting the construction of the main functional areas; eight to adjust the trade structure, focus on improving the general trade and the export share of own brand products ..
Analysis:. adjust the demand structure and industry development opportunities for urban and rural large. < br> 11. China's trade surplus with the EU to substantially reduce.
China-EU trade volume from January to July this year, 192.73 billion U.S. dollars, down 20.7%. Among them, the EU exports 124.25 billion U.S. dollars, 55.7 billion trade surplus. and 2008, the EU's trade surplus for 1600 million. In the context of the economic crisis, trade protectionism is clearly on the rise, bilateral trade friction also increased .2008 July so far, the EU initiated 12 investigations were in China, and some clear violation of WTO rules. However, the proportion of trade friction is not large, accounting for total trade between China and Europe can still be controlled, and both parties have a more complete analysis of the mechanism ..
:. EU is China's largest trading partner and source of technology import, auto and other EU policy areas more tolerant of compromise.
12. meeting to seek consensus on issues of common concern, and for the upcoming G20 meeting preparation. ministers to the International Monetary Fund (IMF) capital increase, limiting executive pay and the introduction of the banking sector reached consensus on issues such mechanisms. It is reported that most of the EU countries hope that the G20 meeting in a the timing of the withdrawal of economic stimulus measures and scale of the discussion ..
:. While it is on the implementation of are in a similar position.
13. World Bank president said the Chinese leaders did not consider the exit strategy.
World Bank President Robert Zoellick said in Beijing, the Chinese government leaders on the current signs of economic recovery and cautious stimulus did not consider exit strategies. Zoellick recalled that the Chinese leaders told him that recycling is discussed fiscal policy and monetary policy too early, great uncertainty, the need to maintain the current monetary and fiscal policy the situation, rather than take exit strategy. When asked about the discussions with Chinese leaders has been that China will be a new round of economic stimulus measures the impression , Zoellick said that did not get that impression and conclusion.
Analysis:. the current situation reflects the contrast between the exit strategy for the future will inevitably become the focus of discussion, it is not yet clear.
14. 9 月 2 日from gasoline and diesel prices, the Beijing 93 # gasoline increased 0.24 yuan per liter.
National Development and Reform Commission, 1, to announce that since starting at 0:00 on September 2 will be gasoline and diesel prices were increased 300 yuan per ton, equivalent to 0 90 # gasoline and diesel (the national average) retail prices were increased by 0.22 yuan per liter and 0.26 yuan ..
Analysis:. the frequency of the current high oil price adjustment, and the tax break record high prices, which cost-sensitive needs of the user's car has some inhibitory effect.
15. pollution of motor vehicles tax countries like the Ministry of Environment, etc., have reached a consensus.
Pollution Prevention and Control Division Ministry of Environmental Protection Commissioner said Ren Hongyan environment on the increase tax, he said: the consent of the Ministry of Finance to study the next name and form of collection ..
Analysis:. Vehicle related tax system needs to improve, not without tax is to promote, but never like the road maintenance fee poll tax, otherwise inhibiting private car consumption. should be the principle of polluter pays taxes to the relative fair, and this will add to government vehicles, rental and other costs, so the process is a game of interest.
Third, new car information
1 . the price of domestic concern listed GTI is expected next March.
Golf GTI made time to market models will be next March, and in the end of October this year, domestic Golf will officially debut. and as the sixth generation Golf , Golf in the Volkswagen GTI also 2009m2010 launch in China is one of 10 new models, overseas GTI has been officially launched in March this year. domestically GTI 5-door hatchback version will be the model, engine and 6-speed equipped 2.0TSI DSG gearbox. GTI achieve maximum power 155kW (210 hp), maximum torque of 280N.m. GTI models on the domestic price, then there are two pre-interval, one at around 20-23 million , and the other will be more than 25 million. from the perspective of the Positioning GTI models, priced at more than 25 million is more likely ..
Analysis:. GTI's personality as a mass brand in overseas markets respected by many consumers. At present, only appeared in the POLO and golf had. current fifth generation Golf GTI capacity to import cars into the Chinese market, but its 399000-411000 prohibitive price that most consumers. Sixth-generation Golf Once achieved domestically GTI is expected to be 25 million. expected to be officially listed, it will be the favorite of consumers prefer sporty ..
2. and Q5 Audi A3 or a total production will be made next year.
Audi A3 has been scheduled for production next year in Changchun, FAW-Volkswagen has just put into operation a new assembly plant in addition to Audi's production A4L, other than the end of Q5 small pilot production next year, Audi will produce a total line A3. According to Audi, planning version of its five-door in the U.S. starting price of $ 27,270, equivalent to less than 20 million RMB, equipped with a 2.0TFSI engine and S-Tiptronic automatic transmission.
Analysis:. FAW Audi currently has the capacity very nervous, new plant put into production next year after the introduction of the first two models will be produced and A4L Audi Q5, especially the Audi Audi A4L A4L 1.8T as the main model, but by the capacity limits are listed only of a vehicle, resulting in a 2.0T Audi models rely only on A4L alone, sales have not been significantly improved, so we expect at least until the end of next year, the Audi A3 will not officially joined the ranks of domestic ..
3. Chang'an jointly push U.S. parts provider turbo models.
Chang has been with Honeywell turbocharger manufacturer signed an agreement, the two co-Founder R & D related products. Chang'an and its signature is a small turbo project cooperation memorandum of intent, which is the development of small cars and Changan engine to achieve an important step in miniaturization ..
Analysis:. small supercharged engine is to reduce fuel consumption and meet the emission tax policy than domestic good responses, which have helped mid-size car to its development.
IV News
1. Chery plans capital investment of Kaifeng in Henan Province amounted to 1.773 billion yuan.
8 25 , chairman of Chery Automobile Yin Yao went to Zhengzhou and Henan Provincial CPC Standing Committee Xu Guangchun talks and reached consensus, Chery Automobile will invest in Kaifeng, an annual output of 200,000 micro-scale cars, 80,000 light trucks and agricultural machinery production base investment amounted to 1.773 billion yuan. regarding the progress of construction is fast, Chery company has been appointed to the senior leadership of Kaifeng, Henan Province on the construction issues and the relevant person in charge of Kaifeng City started construction on the details of the negotiations. Chery side that is for Chery to build Kaifeng base is imperative, now Chery's mini-car brand has been fully operational, with the constant introduction of new products, production ...
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