SAIC Logistics International 2030 four plates in hand Finance News | Electric Cars and Hybrid Vehicle - Green energy

SAIC Logistics International 2030 four plates in hand Finance News

19 мая 2014 | Author: | Комментарии к записи SAIC Logistics International 2030 four plates in hand Finance News отключены
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SAIC Logistics International four plates in hand

⊙ Wu Qiong

Ranked China Group sales in the first after SAIC eyeing expansion of the road.

No foam the investment

May 30, SAIC chairman Hu said, is being developed in SAIC strategic development completed during the year to the future SAIC will within the global automotive to enhance core competitiveness, competitiveness, SAIC passenger Company and SAIC-GM-Wuling accelerate the of overseas markets.

SAIC earnings growth, hit the capital does not buy .2013, SAIC volume, revenue, profits but the stock performance is not satisfactory in the first quarter, total reached 133.6 SAIC an increase of 17.04%, operating of 145.244 billion yuan, an of 17.16%, net profit of 6.198 yuan, an increase of 10.54%, but SAIC colleagues at home and this year, the first months, SAIC shares 11(http://www.best-news.us/).39% over the same GAC Group shares rose than 50%, overseas giant, Toyota Motor nearly 50 percent, Nissan rose about 37%.

In general meeting, on the face of the investment value SAIC ‘the doubts, the Hu Maoyuan Last year, one-third of the of Shanghai Automotive will dividends, even higher the bank interest From point of speaking We have value on account of the remaining the future dividends may also be News http://www.best-news.us/). ‘Meanwhile, Hu also make the stock underperformance reflection, he said:’ The market as the production of beer. to be a bubble, we (Shanghai cars the production of rice wine, is no bubble. ‘reporter has learned a long time without a to tell of SAIC, one after on the ground this year or play yards.

Hu Maoyuan SAIC SAIC is developing strategic development plan, for the completed in the forthcoming three plan, SAIC will be through the development of strategic listed companies will be plates — vehicle. auto finance and service development to further improve the time, enhance the core international operating force to the focus of future development of

Further promote the four

SAIC Vice Chairman and Chen Hong told ‘SAIC is not the pursuit of expansion of the but rather the establishment of core R D in the field of independent brands, Automotive positioning in the high-end directly involved in the joint brands of intense competition on the one because in the years after the venture, SAIC’s advantage is in the high-end market, on the other the core R D capability is an important for rapid development of the company. SAIC passenger car sales of about 200,000, not yet profitable. Hong said: ‘If we taking the low road, now might be 400,000 to 500,000 in annual volume.’ Hu Mao claimed: ‘own-brand cars breakeven point of 230,000. 2013 .2013 plan will achieve sales of 240,000, of which sales target of 160,000, MG to sell 80,000. ‘

This reporter has learned, will be two international subsidiaries SAIC Passenger Vehicle SAIC-GM-Wuling, focusing on walking of two independent international road in a joint venture SAIC-GM-Wuling SAIC-GM-Wuling General Manager Yang said: ‘With and General Motors in India SAIC-GM-Wuling way through CKD and other exported to India, our cost-effective the output product, technology, team, which kind of will help accelerate the internationalization process. ‘May 9, Enjoy (Wuling Hongguang in Mumbai, Kolkata and Bangalore listed four major the main multi-type passenger car and Suzuki Ertiga, Toyota and Mahindra Xylov local in India to grab the market. pointed out: ‘Wuling listed in India, is just the step in our future domestic and will make full use of proven platform to develop products, Wuling Hongguang eventually fight the one million international platform. ‘2012, Hongguang series model sales of about 316,000, in plans to sell 400,000 It is that the company intends to passenger autonomy, joint on two legs. Chen Hong ‘2013, MG brand plans to 10,000, in 2012 exports of 4000.’ In addition, SAIC car joint venture company and Chia Tai Group, a joint plant in the state of Qin, sales and want coverage to Asia. Hu Mao said: ‘We are considering other emerging such as South America, and other places.’

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When asked whether to mergers and acquisitions, the Hu Maoyuan ‘The acquisition and merger is the automobile development problems to be state-owned auto companies need to mergers and acquisitions. all, China is still auto companies, but SAIC mergers or acquisitions co-operation, stand on the position of international will give more to how to enhance, integrate core R D and international competitiveness. ‘


In traditional car, while new energy automobile business has made some progress. Hong told reporters: have formed a new energy system’s competitiveness in the new energy industry chain are (with the such as electric air-conditioning, steering so difficult areas. is understood that the first of this year, SAIC E50 electric car sales reached are exposed to the private consumer Chen Hong said:’ A lot of car companies are very interested in but because car rental licenses are government authorities are discussing the ‘

Car finance or will become SAIC profit growth Chen Hong analysis: car is expected to finance the proportion increase. Current national car ratio of about 8%, Shanghai Shanghai General Motors services accounted for less 10%, but with overseas still a wide gap between the and Overseas markets, car loans is about 70-80%. ‘To end, SAIC in controlling intends dealer. GMAC-SAIC Finance Corporation to provide

SAIC Group Finance Gu Feng said: ‘The to introduce a commercial bank to solve the dealers to build funding package liquidity help to further boost sales and SAIC improve profits. ‘When asked’ and risk of bad debts ‘, the peaks that do not have to about, he said:’ The current car far less than the risk of bad bad debt rate of commercial loans. Additionally, SAIC Before requiring all dealers to asset-backed collateral and monitoring funding to further control the ‘

Enter [Sina Finance it] discussion

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