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  1. #276
    Thailand Expat OhOh's Avatar
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    ^Do they have a majority position or are they one of many with a % that requires "assistance", from others, to become the majority position in a boardroom vote?

    One wonders how the international majors in any industry reached their market dominance. Not their financial power by any chance.

  2. #277
    Thailand Expat OhOh's Avatar
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    Chengdu inks 22 foreign-invested deals

    European and Ameristani Car Manufacturers Increase their Chinese Investments.-5cb11b3ca3104842e4a85cd0-jpeg

    "A total of 22 foreign-invested projects worth $3.39 billion were signed during the "Chengdu can do" foreign investment signing event held in the capital city of Sichuan province on Friday.

    Nine of the projects are for high-end manufacturing, including sectors such as electronic information, aerospace, automobile and equipment manufacturing, which totaled $1.77 billion, and 13 are modern service projects that are related to finance, logistics, culture and creativity and senior care service., totaling about $1.62 billion.

    The investors include many worldwide industry leader companies such as French multinational AREP, Happyeasygo Group from Singapore, and Baxter International from the United States.

    Luo Qiang, the city's mayor, said Chengdu has always been the powerhouse of China's opening-up in the past four decades, and will continue to welcome foreign investments with ever improving business environment as China enters a new era of reform and opening-up.

    "The new round of foreign investments will inject more powerful momentum into the high-quality development of Chengdu," he said.

    "We will do everything possible to create a law-based, internationalized business environment with quality services that facilitate and support development of foreign investment projects."

    He emphasized the city plays an important role in China's national agendas such as the Belt and Road Initiative, the Yangtze River economic zone development, and the West China development strategy.

    "A large number of national strategic opportunities have presented themselves in Chengdu… Chengdu is now at the frontier of China's further opening-up, which shores up the city's fast growth in regional competence and influence," he said.

    Currently, the city has 8,155 foreign-invested enterprises. Among the 285 Fortune 500 enterprises in Chengdu, 198 are foreign-invested. Last year, the city's actual use of foreign capital reached $12.28 billion, increasing 22.3 percent from 2017, and foreign direct investment was $2.69 billion, with an annual increase of 44.1 percent, said Luo.

    Tena Koutou Katoa, consul general of the New Zealand Consulate General in Chengdu, said New Zealand had established its consulate in the city in November 2014 as it recognized the growing importance of Chengdu as a driver of growth and prosperity in Southwest China.

    New Zealand is ready to work closely with Chengdu to explore and pursue business and investment opportunities on both sides, he said, adding Chengdu's emphasis on optimizing its international business environment and making it easier for foreign companies to do business has been welcomed by New Zealand.

    In Chengdu, there are a lot of New Zealand companies either working in or exploring opportunities in areas such as creative industries, agritech, aviation and airports, the healthcare sector, tourism and residential property fit-out, said Katoa.

    Zhao Lei, general manager of IB China, the newly established wholly foreign-owned subsidiary of IB in China, one of the largest education groups in Germany, said the company was grateful for the convenient business registration process and the preferential policies for setting up offices."

    Chengdu inks 22 foreign-invested deals - Chinadaily.com.cn
    Attached Thumbnails Attached Thumbnails European and Ameristani Car Manufacturers Increase their Chinese Investments.-5cb11b3ca3104842e4a85cd0-jpeg  
    A tray full of GOLD is not worth a moment in time.

  3. #278
    Thailand Expat harrybarracuda's Avatar
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    Think what a polluted shithole that will turn into. Like the chinkies need another one.

  4. #279
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    Buckaroo Banzai's Avatar
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    How about we change the title of this thread to Eurostani and American cars?

  5. #280
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Buckaroo Banzai View Post
    How about we change the title of this thread to Eurostani and American cars?
    Better to change it to "Ohoh's incessant chinky brown nosing".

  6. #281
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by Buckaroo Banzai View Post
    How about we change the title of this thread to Eurostani and American cars?
    No need, the articles here already include those highlighting European car manufacturers investments, along with design office openings, parts suppliers and assembly factory expansion.

    ameristani companies as well, along with some closures.

    Quote Originally Posted by harrybarracuda View Post
    Think what a polluted shithole that will turn into
    Will it be a better or worse "shithole", than now?
    Last edited by OhOh; 13-04-2019 at 08:43 PM.

  7. #282
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    Will it be a better or worse "shithole", than now?
    Sometimes I get the impression English is not your first language.

    What is it, chinky?

  8. #283
    Thailand Expat OhOh's Avatar
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    Huawei drives ahead with smart car unit


    European and Ameristani Car Manufacturers Increase their Chinese Investments.-5cf704bda3105191900c49a1-jpg

    A Porsche Panamera car is steered by the Huawei Mate 10 Pro smartphone outside the Camp Nou stadium in Barcelona, Spain, during the Mobile World Congress in 2018. [Photo provided to China Daily]

    "Chinese tech giant Huawei Technologies Co has recently established a smart car solutions business unit, as part of its larger goal of driving a connected and smart future
    . "The automotive market is undergoing a profound information and communications technology-driven transformation," Huawei said in an internal document.

    "Huawei will not make cars. Focusing on developing ICT technologies, Huawei will enable car manufacturers to build better smart vehicles. Having accumulated 30 years of experience in offering ICT technologies, Huawei will be an ICT component supplier for smart cars."

    The newly formed business unit will offer end-to-end smart vehicle solutions including ICT components and solutions for car manufacturers, according to the document.

    "As a leading provider of ICT products and solutions, Huawei needs to gear up its expansion into various industries, including the smart vehicle sector," said Raymond Wang, partner of global consultancy Roland Berger.

    "Carmakers are accelerating the push for making a major foray into connected and intelligent cars. With advantages in areas like 5G technologies, in-vehicle computing platforms and cloud services, Huawei will be an enabler that helps carmakers to offer next-generation smart products."

    The new move came as Huawei faces stiff headwinds from the US government's decision to put it on a blacklist.
    The US administration accuses Huawei of posing risks to its national security. Huawei has repeatedly denied the accusations, claiming the charges were not supported by any factual evidence.

    Against this backdrop, Huawei plans to sell its majority share in an undersea cable unit. The company will sell its 51 percent of Huawei Marine Networks, a global submarine network provider and a joint venture between Huawei and United Kingdom-based undersea cable company Global Marine Systems.

    James Yan, research director at Counterpoint Technology Market Research, said considering the political headwinds, Huawei may need to shrink some businesses and focus its investment on key products and services offerings, such as the operating system, supply chain products, 5G and the smart vehicle business.

    "The ban may hamper Huawei's short-term development, especially its overseas business. In the long run, Huawei may experience a low point in the near future. With a key focus in developing its operating system, Huawei will gain strong momentum in the domestic market. And it will also gear up its expansion in emerging markets globally," Yan said.

    Yan noted that Huawei's new move in setting up the smart car business unit is an important aspect of Huawei's overall growth strategy.

    "The smart vehicle will be a key portal that brings consumers intelligent experiences, in a move to better tap into the consumer internet of things sector. As China will soon issue licenses for the commercialization of 5G, the newly formed business unit will help Huawei to integrate its resources and become a key supplier of smart automobile electronics," Yan added.

    Huawei's Business Group announced in March an all-scenario ecosystem strategy to bring consumers intelligent experiences, with the mobile phone as the main device, while other support portals include offerings such as connected vehicles, AI speakers, tablets, PCs and wearables."

    Huawei drives ahead with smart car unit - Chinadaily.com.cn
    Attached Thumbnails Attached Thumbnails European and Ameristani Car Manufacturers Increase their Chinese Investments.-5cf704bda3105191900c49a1-jpg  

  9. #284
    Thailand Expat harrybarracuda's Avatar
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    "The newly formed business unit will offer end-to-end smart vehicle solutions including ICT components and solutions for car manufacturers that they've spent years nicking off foreign competitors".


    FTFY

  10. #285
    Thailand Expat OhOh's Avatar
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    ^I suspect the "roof module" makes the KPL shite, affects the 0-60 time and causes overturning on bends.

    But Porsche owners have had to be exceptional for many years.

  11. #286
    Thailand Expat OhOh's Avatar
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    Sales soar in June as Audi bucks current market performance


    European and Ameristani Car Manufacturers Increase their Chinese Investments.-5d2296e4a3105895019199fd-jpeg

    "Audi's China sales jumped 22.5 percent year-on-year in June to 58,788 units, helping the German premium carmaker to consolidate its position in the world's largest automotive market.
    With the latest surge, Audi had delivered 311,871 vehicles from January to June in China, up 2.1 percent from the same period in 2018, according to figures released last week.

    Two other major premium vehicle brands-Mercedes-Benz and BMW-haven't released China sales for June.

    Audi's strong growth in June was thanks to the improved sales performance of models locally produced at FAW-Volkswagen, a Chinese joint venture which manufactures and sells Volkswagen and Audi-branded vehicles, the company said.

    Statistics show that sales of China-made Audi cars in the month, which accounted for 85 percent of the total, went up 14.2 percent from June 2018.

    Among others, FAW-Volkswagen delivered 14,194 of its Q5L model in June, up 64.7 percent year-on-year, consolidating its position in the popular SUV segment.
    Sales of the A4L sedan in June stood at 14,256, making the model the best-selling car in its segment. Its monthly sales averaged more than 14,000 in the first half of 2019.

    The Q2L SUV, which is targeted at young customers, is gaining in popularity as well, with its sales in the month up more than a third.
    The brand's imported vehicles' sales grew even faster in June, with sales soaring 109 percent to 8,700, according to FAW-Volkswagen.
    Of them, it delivered 2,413 Q7 SUVs, up 85.4 percent year-on-year. Audi's flagship sedan A8L saw its June sales go up 42.7 percent from the same month last year. The combined deliveries of its three high performance cars including the R8 totaled 1,957.
    FAW-Volkswagen said it expects the sales momentum to continue into the second half of the year, with sales of the models released in Q1 and Q2 growing, and a number of new models, the e-tron and the Q8, becoming available later this year.

    The e-tron will be Audi's first ever electric SUV. It will be manufactured in China starting from 2020.
    Audi said it will develop more high-end new energy vehicles for Chinese customers as the country is one of the fastest-evolving car markets in the world.
    Liu Yigong, general manager of FAW-Volkswagen, said he expects Audi to become a leading player in China's new energy vehicle market by 2025, with 30 percent of its total sales in the country being such vehicles
    .

    Audi has been the best-selling premium vehicle brand in China for the past three decades."

    Sales soar in June as Audi bucks current market performance - Chinadaily.com.cn
    Attached Thumbnails Attached Thumbnails European and Ameristani Car Manufacturers Increase their Chinese Investments.-5d2296e4a3105895019199fd-jpeg  

  12. #287
    Thailand Expat harrybarracuda's Avatar
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    Stupid cuntos really. Short term gain for long term pain. It won't be long before the chinkies are bashing out the Q8 ripoffs like they did with the A6:


    European and Ameristani Car Manufacturers Increase their Chinese Investments.-jac-refine-a6-e-quarter_0-jpg
    Attached Thumbnails Attached Thumbnails European and Ameristani Car Manufacturers Increase their Chinese Investments.-jac-refine-a6-e-quarter_0-jpg  

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