China's auto industry match and flash marriage

China's auto industry match and flash marriage


The restructuring of the car company will be the biggest drama in the year of the Rat.

From the "Automotive Industry Policy," it can be found that the state is hoping to use the market share and sales revenue in two ways to cultivate no more than 3-4 large-scale automobile groups.

The above steam is the starting point for the complete integration of Nanjing Auto. The Chinese auto industry, as a strategic industry led by the national capital, is about to start substantive consolidation under the guidance of industrial policies and market logic.

First of all, the drama of Dongfeng’s annexation of Hafei is about to bear fruit. At present, the SASAC is directly subordinated to six auto companies - FAW, Dongfeng, Hafei, Changhe, Shenfei Hino and Xi'an Xiwo. Together with the Changan Automobile Group, a subsidiary of the Ordnance Equipment Group, it has a total of seven auto companies. Among them, only FAW Group, Dongfeng Group and Chang'an Group ranked among the top 10 in terms of strength.

Dongfeng not only restricted PSA, but also quickly gained a base for its own-brand sedan. Afterwards, Changhe is also likely to be used as a dowry and handed over to Dongfeng for integration.

Different from FAW, Dongfeng currently has a large number of joint venture partners, and even the parent company has a joint venture with Nissan. This has caused many industry insiders to reflect on it. At the moment when national policies are changing, the lack of self-owned brand cars has become the biggest issue affecting Dongfeng’s long-term competitiveness.

After winning Hafei, Dongfeng can also use Hafei's existing resources to develop its own brand passenger car. In addition to the models, there are Hafei's Shenzhen base. Dongfeng can also really digest the technology obtained in the joint venture into its own capabilities.

In 2008, there will be an integration of heavy-duty dramas that will be unveiled, as well as the integration of Beiqi and Fuqi.

The reporter learned that, at least a year and a half ago, the president of FuChang Ling Yuzhang informed Fujian’s scientific and technological community at the conference of the Fujian Science and Technology Association about the integration with Beiqi. Ling Yuzhang said at the time that Fuqi and Beijing Automobile were born under the strong support of the former chief leaders and there was room for cooperation on the human side.

In addition, the industry analysis shows that Fuqi and Beijing's partners Mercedes, Chrysler and even Mitsubishi have deep roots and capital connections. Therefore, after positioning the Beijing auto industry as an important part of the economy after the Beijing Olympics, in 2008, the cooperation between Fuqi and Beiqi will inevitably accelerate.

In 2008, the number of central SOEs that can really be promoted may not be large, but cooperation is the trend of the times. This is a consensus.



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