Wednesday, September 15, 2010

Changfeng Motor

Fate

China Business / Yang Xiaolin, Kou Jiandong reported

2009 Beijing National during the two sessions, NPC, Mr. Li decided before the media did not mention the reorganization.

frequently came in 2008 with Beijing Automotive and Guangzhou Automobile reorganization of the keep a low profile. Changfeng Group Holdings, according to the listed companies - Changfeng Motor Manufacturing Co., Ltd. (Changfeng Motor 600 991) Board of Directors,UGG shoes, a senior said, Lee refused to answer any questions during the two sessions, and



paradigm of week, Hunan Province, Mr. Li told a local media interview pretending to be mysteriously that Changfeng Group in 2009 in the The Changfeng Group on how to Group cooperation, or the acquisition by the Guangzhou Automobile Group, Changfeng Group, or both and build a joint venture of Mitsubishi cars.

Mitsubishi Motors Beijing office on the top also with the Japanese ambassador to China to study in Hunan,Discount UGG boots,

in August 2008 and in October, to Mitsubishi Motors Corporation headquarters.

has worked for many years in Hunan Province Development and Reform Commission,UGG boots clearanc, a local official recently told reporters: issued the

However, declining for the Changfeng Group, as head of the paradigm of the future of the enterprise can not find a better way out.

Changfeng Motor announced on March 3, 2008 report shows that in 2008 the company net profit 141 million yuan, down 23.44%. However, in the face of financial and technical bottlenecks, and even car

three-lane state-owned enterprises Choice

joint venture with the waveguide and repairer scheme failed completely, the left Changfeng Group, and the paradigm of their own,

. Bird's

2006 10 months, Changfeng and waveguide 50% of the funding Changfeng Science and Technology set up and use the engine before the waveguide technology and vehicle platforms to produce Changfeng Qi Ling. Lack of precipitation made cars, technology, Qi Ling appalling domestic sales.

HSBC is clearly not possible from the SUV to the car's strategic restructuring and adjustment of product structure.

led Changfeng for nearly 20 years of Mr. Li is concerned, to lead this This ambitious and strength of the Moreover, the sudden economic crisis, this

position in the paradigm of M & A launched a more workable policy The head of the Ministry of Industry and the automotive industry, almost at the same time, the full text issued a

The reduced to less than 10. Industry watchers pointed out that this could mean a new round of state-owned auto industry M & A wave is coming.

in accordance with the policy intent, line a large auto groups will be to promote the trend of the dominant force in this round of consolidation. Among them, the China's heavy truck (collectively,UGG boots, the

River and with the background information for the country, and the restructuring of the welfare of the news that gas and Changfeng, without any doubt a walk in the proverbial

reorganization of course is a general trend, just do not know the executive order to promote actions under the regulations, whether the end can be completed with the purpose of restructuring and industrial upgrading. In the current 170 vehicle plants in China, is not a waste of resources that may be eaten in the second and third tier state-owned enterprises; the other hand is less than 10,000 in sales, or less, small plants, shade in place under the umbrella of protection to continue with their own repairer dream.

to maintain vitality of the market need a certain body mass of catfish, especially in the competitive Chinese car market is not sufficient. (This article has been published in the March 9, 2009,

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