Scanning -2010 auto market in 14 (April 7 -4 12)

 Key information from the National Federation of daily news
by automobile this week outlined:
1. 4   automobile market high point in March
record 99 million small-car market after the climax, April's passenger car market continues to reflect the strong narrow the trend. According to the internal communication by the Federation of view, relative to the first week of April 2009 the same caliber of the main manufacturers shipped 32,000 units of average daily high an increase of 33%. ring the first week of March 2010 the daily average sales growth of 35%.
3 sprint at the end of the quarter after the end of the first week of the manufacturers can achieve sales growth of 30% compared with early March levels, while 3 at the end is not due to a result of early April Yaku dealer stock in the doldrums, this is unexpectedly good level, it is apparent in March of the reseller channel in a relatively normal state, this should be reassuring all parties a data. At the same time we must take into account the statistics by the Federation within the first week of April 6 working days, the first week of March and more than a day, and 3 more in the doldrums the market early, so early April of this data is not should be blindly optimistic.
2. 3 月 trade deficit with China and the auto market downturn similar to the characteristics of
Customs announced a total trade deficit of 7.24 billion U.S. dollars in March, suspended since May 2004 began more than 70 consecutive months of trade surplus situation. While commodity prices have risen a lot over the past year, 1st quarter, the number of commodity imports still remain at historically high levels, indicating strong demand for domestic investment. for domestic market consumption of non-bulk imports of goods increased significantly over the ring, indicating that domestic consumption demand for speed. deteriorating terms of trade and exports have also been at the Spring Festival of factors led to the cause of the deficit, this year's Spring Festival holiday in 2 months late, started during the few exporters, affecting the export of one month after the Spring Festival. The future export situation for the better, With the normalization of export growth, the deficit is expected to be temporary.
3 months of China's domestic automobile market is similar to the characteristics of domestic demand since early March the first month of sales from the Spring Festival has not yet out of the doldrums, so in March of Market demand is not really reflect the full demand. The continued high production factors lead to the production than the market retail sales also showed a larger deficit. The March of the truck class reflects the strong investment trend of the strong, the economy overheating has led Truck class, strength, and a temporary downturn caused consumer market is weak.'s future auto market is still strong vitality.
3. Daimler and Renault-Nissan Alliance's revelation this week, Daimler
Le Nissan and Renault alliance, this alliance is the GM, Ford and other multinational corporations in the context of contraction of a new strategic alliance. former GM, Ford and other auto giants are keen to promote the acquisition of large capital holding, and is popular smooth co-equity exchange and complementarity, this approach is clearly able to largely avoid the drawbacks of holding acquisition. Its better to maintain the independence of each group, and the need to constantly maintain a superior position in the competition to obtain the cooperation of the capital .
If we can achieve an effective alliance of enterprises will be able to bring better to avoid the integration of mergers, to reduce unnecessary friction. But this alliance has been established in their respective competitive advantages of proven elements, and the present apparent low level of homogenization of the enterprise, the real effective with fewer resources, the success of the joint are rare. the future advantages in the competition after the full formation of cooperative enterprises and monetary union should win, not all mergers and acquisitions across the board requires a simple operation .
4. not to exploit the forefront of China's auto enterprises to enter the world of
seen recently in the media, SAIC 275 million into the world top 10, we believe that the performance of SAIC is China's Automotive Group is very good, but must not be said to be the world's top 10 companies.
media such analysis is the lack of common sense. If this combination can be considered the world's top 10 companies, the best set up in China's resumption of Automobile Corporation, on behalf of groups like the Chinese, the production and sales estimated 17 million units this year, estimated this year than the combined sales of Toyota and Volkswagen is also high. If you do this in China is already the world's super car the first group, we have full integration should be simple to enhance concentration, develop a global status. < br> I say this is not very good for SAIC performance, but for the industry increasingly filled with arrogance emotional anxiety. After all, China is the world's iron and steel, cement, notebook computers and other numerous products in the world manufacturing base, but China, these industries will not be considered a world power, or earn only a modest production base processing fee of OEM manufacturers. we need to develop their own brand, SAIC's own brand performed well, it should be said from this point on Steam is still very good.
5.
private car penetration do not simply measure one hundred private cars in Beijing recently that penetration is only 36, the feeling seems too low, such statistics can be misleading. How Beijing has seen 400 million vehicles, while the penetration rate of only 36, according to international cities that still a big gap, Beijing seems to really need to do the next car to achieve the popularity of private cars reached the international level, and this short-term government and the environment unbearable.
popularity of private cars in China is still under consideration as many different cars similar to the actual use of private vehicles or functional units of .100 million and 100 million private vehicles operating Private cars are not car is impossible, especially in units with a private company cars or car and can replace some of the effects of private cars, private cars in Beijing spread to at least one hundred more than 50 levels (including family second vehicles, the first N cars). Beijing has entered the era of change-oriented, private car has reached a high level of popularity.
6.
urban congestion as control for the recent implementation of congestion measures in Beijing, and Chengdu also consider how to resolve the congestion. from Beijing this morning to hear traffic information to see Beijing's peak shifting effect on the mitigation work is good.
in Chengdu began to consider measures to prevent the congestion has become an important factor in the further promotion of car . hedge factor in the uncertain times of the car to accelerate the process for consumers, such as a means of control to limit the effect of congestion is not necessarily the ideal simple idea, but consumers do not necessarily have real benefits. Beijing guidance measures should be more worthy of study.
7. the traffic pressure on novice decision more difficult to resolve
According to Ministry of Public Security statistics present, China has 190 million vehicles, the driver 200 million, of which there are 22 million of the novice, this number is interesting. now there are the affirmation of the no car less than 1 billion, and there is no car in the family is also the less. Last year, 22 million of the novice, it is estimated this year, many more, many new cars are the future of driving by the novice , and its ability to respond to the relative lack of roads, road congestion which is also more obvious.
With the further study of the strict test of the difficulty increases, the estimated increase rapidly this year's newcomers, novice to reduce next year brought face new car sales pressure, which will advance the needs of 2011.
8. real estate policy may affect the popularity of small car for urban real estate holding tax
media may be introduced in the first-tier cities (, April 9, 2010). If the report is true, for the city's real estate holding tax line so that capital flows may be a more reasonable price of second and third tier cities, pushing up real estate prices there.
current showings prices continue to rise is already a major consumer expenditures (statistically called investment), while the prices of the current relationship between house prices and lead to the development of automobile market is being squeezed state. relatively expensive price, the prices of only a drizzle. If The three-city housing prices continued to rise, the phenomenon is obviously out of consumption, the current prevalence of over-investment and speculative investment has to a certain extent, crowding out spending, which is not necessarily the future popularity of private cars is good.
First, new products, price scanning
1. Beijing Hyundai ix35 -24.28 million listed price of 169,800.
Beijing Hyundai ix35 listed in the National Convention Centre, covering 169 800 price range -24.28 million, with 2.0L, Two displacement 2.4L, 2WD, 4WD models two drivers 6 models. Beijing Hyundai ix35 price: cutting-edge version of 2.0L GL 2WD MT16.98 million, cutting-edge version of 2.0L GL 2WD AT 18.38 million Elite 2.0L GLS 2WD AT 19.58 million, GLS 2.0L GLS 4WD AT 21.58 million, GLS 2.4L GLS 2WD AT 21.38 million pilot version of 2.4L GLS 4WD AT 24.28 万元.
analysis:. Sales in the domestic SUV, the city is very much a domestic models, such as Dongfeng Honda CR-V, Jun Qi Dongfeng Nissan, Shanghai Volkswagen and FAW-Toyota RAV4 Tiguan, etc.; import cars like the Renault kore proud Subaru Forester and so on, they formed a very direct with the ix35 the competition. Overall, ix35 appearance more attractive, dynamic performance is also good, the price and cost-effective compared to Japanese cars more advantages. The total of six models, the 4 main models of the price distribution in the range 18-21 million, following a RAV4, CRV below the market, and with 16-18 million in Tucson a better connection between the price range. but because of the recent Tiguan Japanese market and the gradual promotion, ix35 listed and then the effect will be much earlier.
2. Mazda6 sedan ran up the Core-wing commercial 203,800 -23.98 million.
4 8, FAW Mazda Motor Sales Co. the company announced: Mazda6 coupe wing officially listed Rui, 2.5L Extreme Edition price is 239,800 yuan, 2.0L Deluxe Edition price is 203,800 yuan. flagship sports coupe concept of the Core-wing coupe's body structure with a hatchback. The greatest feature is the car's rear hatch wing shape and movement.
Analysis:. Core-wing coupe price is not high, but power is also general. domestic sedan market has not been effectively started, personalized car import rapid growth, Rui-wing coupe to be the market pull effect has to be observed.
3. Skoda Octavia the official listing of the new sale 12.34-18.55 million.
4 On 10 April, the new Octavia is the 2010 officially listed. The listing of the new Octavia were pushing four displacement 12 models, 09 models than the increase in the number two. Apart from cash the 1.6L, 1.8TSI and 2.0L power unchanged, the new Octavia has also added a the price shall 1.4TSI.12 models .2010 interval 12.34-18.55 million LWH Octavia models for the 4569t1769t1462mm, with a wheelbase of 2578mm. compared to 09, the new car is reduced in length 3mm.
Analysis:. because the high level of Shanghai Volkswagen's sales, adjusted its product is worth serious attention should be. The 2010 models compared to 09 of 124,900 to 179,900 with the high price of low-end prices are extended. which 1.6 liters The price band pulled wide, and strengthen the incremental effect; and moved to bring the price of 2.0 liters, the 1.4 TSI to create a better pricing environment. and lift high-end 1.8TSI for brand promotion and increase in sales of high-end models to stay under good space. due to the current sales to further enhance Hao Rui slow to adjust to the Skoda Mingrui products enormous impact on the overall operation.
4. Tellabs public market price of the entire department CVT Core 6.28-7.48 million element.
4 8, China's first continuously variable transmission CVT small suv Core CVT public Tellabs officially listed in Jinan City, Shandong Province, the first full line of five models of collective appearance. Release of the listed activities, the public Tellabs CVT Core prices all models and all of the surface, respectively: Music Core CVT 1.3L standard 62,800 yuan, 1.3L comfortable 66,800 yuan, 1.3L Luxury 69,800 yuan, 1.5L comfortable 71,800 yuan, 1.5L Luxury 74,800 yuan ..
Analysis:. mini SUV products less, more comfortable price range, all Thai products have a better chance of CVT.
5. promotion.
until 2010 on June 30, Dongfeng Honda quad two and so on; also launched a nationwide interest-free loans and other financial services.
4 月 10 日 至 5 31, FAW Toyota launched the bit, giving the oil coupons, buy gift packs during the rainy season and many other services package .4 1 to April 30, FAW Toyota to launch RAV4, Corolla, Corolla, Vios models, customers receive 950 Traffic Insurance.
4 月 1 日 至 4 30, Lifan Motors launched the during the event to enjoy the highest preferential purchase of 620 to 10,000; buy 520 fuel card will receive 4,000 yuan; buy Lifan 520i, 320 will receive a 2,000 decorating.
4 月 1 日 至 6 30, for Toyota Lexus ES240 0 interest promotions launched during the event, pay only 50% down payment, you can enjoy the 12 months 0 interest, 0 months for financial services.
4 月 1 日 至 4 30, Ling Ao Great Wall Motor launched series of promotions during the event to the store to buy Ling Ao models available 3-year warranty and 2.5% purchase tax subsidies and preferential treatment.
Second, the macroeconomic environment and policy information
1. a quarter of credit 2.6 trillion yuan loan ratio fell in March 40%.
this year from 7.5 trillion yuan of new loans the tone, in the first quarter, accounting for about 34.7%, 2.6 trillion yuan last year compared to the scale of 4.58 trillion yuan dropped significantly, but still high by historical standards. which long-term loans accounted for more than Jiucheng, demand deposits with the inflation expectations of a significant trend in the formation of contrast. this new credit 510.7 billion yuan in March. < br> Analysis:. such as by regulatory authorities had set the market rumors, not, we will continue through the issuance of central bank bills and open market operations to manage liquidity, raising the deposit reserve rate less likely. whereby the RMB is expected to begin in the second quarter against the dollar, interest rates occurred in the third quarter.
2. in the first quarter, million, 1.9 million motorcycles, 1.11 billion yuan subsidy amount. In addition, a rapid growth momentum of car trade, in the first quarter of the national total of 24,000 vehicles go through subsidies, capital subsidies 3.5 billion. ﹑ Hebei, Jiangsu, Zhejiang ﹑ 5 provinces of Henan, Shandong ﹑ ﹑ number of vehicles subsidies ranks among the top ..
Analysis:. car to the countryside of the policy effect is obvious, while the trade-in, or spend the money more slowly.
3. 3 month our country's foreign trade Automobile imports increased deficit 240.8%.
3 months, China exported 112.11 billion U.S. dollars, up 24.3%; imports 119.35 billion U.S. dollars, an increase of 66%, trade deficit of $ 7,240,000,000. This is the May 2004, China's first monthly trade deficit. automobile and other large fast-growing imports of consumer goods, a quarter of imported cars $ 6,830,000,000, an increase of 159.1%; which imported 3.22 billion U.S. dollars in March, an increase of 240.8% ..
Analysis: .3 month of raw materials strong growth in import demand and the marked increase in the international market price of raw materials to promote faster growth in imports, and foreign trade deficit helps to ease the pressure of public opinion. and this deficit is not sustainable, the future export potential is still large.
4. China's motor vehicle about 192 million to keep up by 2.67%.
as of March 2010, the national vehicle fleet of about 192 million, the national motor vehicle drivers about 205 million people. and the end of 2009, compared to the national increase of 498 vehicles million, an increase of 2.67%. It is noteworthy that in 2010 a quarter of the increase in vehicle population significantly more than the same period in 2009, an increase of nearly 1 percentage point. the main focus of the driver, 26-year-old to 50 years in age between , accounting for nearly 80% of the total drivers. It is noteworthy that, in the crowd holding a driving license, driving less than 1 year of driving more than 2200 million people, accounting for the total number of motor vehicle drivers 10.75% year on year growth of 19.61% ..
Analysis:. novice increased quickly, and will continue for a substantial increase in the near future, which was driven automobile market. However, many beginners also increased traffic pressure.
5. 3 月份 China Automobile prices fell slightly.
3 月份 domestic car prices were down 0.15%, rose 1.49%. One passenger cars were down 0.36% the price, rose 0.46%. mini passenger car prices were unchanged; basic model and motion type of passenger car prices fell last month to 0.08% and 0.71%, year on year gains were -0.82% and 1.05%. narrow range commercial vehicle prices in March, down 0.10%, rose 2.77%. which, commercial vehicles Prices fell 0.56% last month, rose 5.74%. commercial passenger car prices rose slightly, up 0.17% chain, rose 0.82% .3 month, prices of imported cars declined continuation of the trend, a decline of 1.13%, rose by 3.01% ..
Analysis:. This year's models to enhance quality, reasonable prices rose.
6. Beijing households have 36 per one hundred thousand car ownership is 228.
Beijing Municipal Bureau of Statistics , the current residents of the capital with 36 per one hundred vehicles, thousands of car ownership is 228, close to the international metropolis of the middle class. As of last year, car ownership in Beijing is 4,019,000, of which 3.003 million private cars. Private cars are divided into domestic cars and operating the vehicle categories, the number of private cars is 2,181,000. Last year, a total of 1755 permanent population of Beijing people, the number of households in the six million or so. Even so, Beijing every hundred households have 36 cars ..
Analysis:. Bureau of family cars can not simply divide the number of algorithm operations. privately run of 1 million cars, or use either public or private, belonging to the family disposable. and I am sure that millions of Beijing's leading limousine bus, it should be right to use the family. one hundred families have a rate of 200 million figure should be bound by too much, the actual level of reserves, at least over 50.
7. Beijing government blocked a number of measures introduced intensive
4 6, Beijing will launch the seventh phase of measures to ease traffic congestion, including the continued increase rail transit construction, rational plan the layout of six major transit network, the 56 .4 items 6, morning and evening peak traffic mitigation held in Beijing, the pressure to work when the wrong measures to improve the video conference, to further improve the arrangements for the wrong measures to work when the related work. Details: Since April 12, the municipal party and government organs, social organizations, institutions, state-owned enterprises and urban collective enterprises, the implementation of new measures to work the wrong time. relevant units of work hours will be 8:30 adjusted to 9, the work hours from 17:30 to adjust 18 pm. in Beijing, the central state organs and social organizations, enterprises and institutions belonging; schools, hospitals, shopping malls, on the same working hours.
Analysis:. system of blocking measures will accelerate the further adoption of the second car today. congestion mitigation morning good results in Beijing.
8. Chengdu total control caused the vehicle to be implemented automobile buying surge
26, Chengdu Transportation Committee released the will among the business is still in the arctic, the loss of traffic makes sales plummeted 40%. automobile market has already begun by this undercurrent of shares, starting from early April, Chengdu auto market has been the emergence of an enormous wave of panic buying .. < br> Analysis:. Every time the policy changes have led to the market boom, policy makers and this is the starting point itself is inconsistent.
Third, new car information
1. RC accent kept Listing production is pushed north, Accent does not stop. Beijing Hyundai is currently in the compact-class car market, the implementation Sports & + Elantra's the The 4310t1695t1480mm have not changed much, but the 2570mm wheelbase than the Accent Features 70mm,
Analysis:. the small car market in the price range of small and strong high-end brand models, RC incremental effect Sports & + Elantra estimated as a combination.
2. During the year, or will launch Chevrolet Spark Spark Beijing Motor Show will feature a new generation
1.0L inline 4-cylinder engine, with five-speed manual gearbox, a hundred Mixed conditions km fuel consumption is only 5.1L, 119 grams per hundred kilometers mixed conditions of carbon dioxide emissions. With a new car to enter the European market, also made the process of implementation of last year, the domestic version of the road test in the shape models vehicle and we are seeing now with the production version is exactly the same in appearance, the Beijing auto show debut, made the Spark is also expected in the country in full swing this year on sales ..
Analysis:. SPARK main current 1.2-liter, 1 liter of the new machine has been gradual progress in micro-off, combined with a strong debut MINI Benben, SPARK competitive activity should be stimulated.
IV News
1. facelifted Mazda 3 is expected to move in July listing has been to Nanjing and Chongqing factory production
Fox and the production of the Mazda 3 line will be moved to the Nanjing plant at the same time to stop cash Changan Mazda Mazda 3, launched in the facelifted Mazda Nanjing plant 3. facelifted Mazda 3 will be July listing, but the age of the car which is only a small facelift, not the new Mazda 3 will be made overseas ..
Analysis:. Nanjing-based models require additional venting capacity, and Mazda and Ford's stake relationship weakening trend of the independent operation of Mazda gradually clear. the idea of a volt will affect China's cooperation.
2. Audi A3 two years to promote high technology into China in the new A8L is not longer the hybrid
version have been identified in Beijing Motor Show, the Audi A3 sportback models will soon introduce, and the first hybrid version of the Q5 will be the first in Europe this year, and in 2012 entered the Chinese market. e-tron electric wheel drive vehicles by the end of the 2012 limited edition small batch production. Audi models into China's practice has always been extended, will be extended for the Audi A3 is the problem of Tang Mai said: the introduction, for a compact car is no longer meaningful, so that now there is no plan to it for longer.
Analysis:. At present, the large A-Class is also evident, the Audi A3 localization should be extended.
3. Toyota-made vehicles will be powered by Toyota
BOS system in order to prevent the production of Toyota vehicles in China similar brake failure accident in North America, decided to sell in China for The new models equipped with BOS (Note) system, and strive to the end of 2010 for all new models equipped with the system. As one of Toyota's domestic partner, Guangzhou Automobile Guangzhou Automobile Toyota Toyota said that while the product does not exist and throttle pad pedals, and other related issues, but in order to further improve customer satisfaction and a sense of Chinese customers peace of mind for the Camry sold, if the customer made requirements, will establish the institutional system should carry BOS. as soon as possible to establish the system should carry BOS system. because of the need for time for the BOS system equipped with a specific time and content of the notice. BOS: Break Override system (brake priority system). is in a state of the throttle pedal depresses the brake pedal, when to inhibition of engine power output system, in the case of an accident, if the slam on the brake pedal to stop the vehicle ..
Analysis:. as early as March 1, 2010 in overseas markets because of Toyota brake failure, the Ottomans card live in such accidents throttle, Toyota has sold cars in North America began to join BOS system above, but for the Chinese market, came to apologize Toyoda said there is not yet a similar situation occurs, we do not consider the system with BOS , several days later, as Chinese consumers and the relevant departments call for the intervention and interference, do not wait until the Chinese market, Toyota has finally happened after a similar system with BOS.
4. General Motors will push the next two years in China, 25
new models GM will launch in the Chinese market in 2011 the Chevrolet Volt plug-in electric vehicles. In addition, GM also said that in the next five years, GM will develop more hybrid vehicles, plug-in electric cars and electric vehicles and other models, while, in order to improve vehicle fuel economy, GM will also improve the turbocharger, direct injection system and the application of aerodynamics.
Analysis:. current generic products should be the most successful transition.
5. Chery joint days of new energy to push the electric car
Group Chery Automobile of new energy technology companies and the days to the Group in Hong Kong Convention and Exhibition Center recently entered into a strategic cooperation agreement. According to the agreement , days to groups of new energy sources for new energy Chery electric vehicle battery development and production of new energy companies also committed to give priority to new energy automotive products in its day to power the use of the product ..
Analysis:. Chery electric car battery business cooperation with Jiangsu and Zhejiang lead-acid batteries will help promote the industrialization of electric vehicles, which is the promotion of electric vehicles QQ more.
6. Chery over 2 million the next three years, Yin Yue electric car
that ushered in the Chinese auto industry present two a good starting point environment and new energy sources; the second is a new energy vehicles in China auto industry is ripe, the battery also has the lead. It is understood that the battery, the electrolyte R & D is crucial Chery series of core technology an important part of the project ..
Analysis:. Chery to develop a more comprehensive cooperation and external battery seems to have its own battery R & D results.
7. Land Rover sales in China surge in imports of recovery agents the right to marry a breakthrough
After Tata, compared to the strict system under the jurisdiction of the Ford, Jaguar Land Rover management in self-improvement in the level has been greatly, therefore, continued higher sales in emerging markets, whether Jaguar or Land Rover are fully aware of the brand in the local market in order to further develop and grow, several regional agents alone would be difficult to achieve economies of scale, therefore, to establish a national sales company is the inevitable choice. expedite the establishment of more than two years has been the preparation the pace of sales of the company, the right to cancel the import of regional agents to form a unified sales management channels and enhance the Land Rover brand has become the Disi Hao placed in front of one of the major work.
Analysis:. Land Rover with Chinese companies CITIC Bank formed a strategic alliance to strengthen the incremental effect of channel control more apparent.
V. News
1. Newman: The future of Volkswagen China's new Winterkorn, chairman of the courtesy to meet with the super-size the arrival of Newman, and even the return is defined as . this man than the current president of Volkswagen China Vahland 5 years younger, the annual party 48,2004, he joined the Continental Group as CEO, before, he had long served as the VW brand chief technology officer of electric vehicles sector. Last September, House Front Newman dismissed after the acquisition of Continental Le. But after the return of Volkswagen, Winterkorn has added to his courtesy, to the post is the public electric vehicle project leader. In order to overweight the importance of this position, specifically in the official Winterkorn said in a statement: adjust the industry reflects its strategic intentions.
2. Shanghai Automotive promoted the world's top ten auto companies
first annual sales in China have the world's top ten largest in the large car group. Shanghai Automotive recently released 2009 annual report , annual vehicle sales to reach 2.725 million. It is understood that the sales volume higher than the Suzuki, Fiat and other international auto companies, some living in the world's eighth place. thanks to the expansion of sales, Shanghai Automotive in 2009 to achieve business The total income of 139.64 billion yuan, operating profit of 8.43 billion,.
Analysis:. SAIC is excellent, but the article's concept into the world top 10 is wrong. After all, China's vehicle joint venture is the result of policy options, so that The top 10 position is very dangerous, reflects the seriousness of China's auto impetuous and arrogant tendencies.
3. BAIC interested in investing in or into the Saab Saab
partner Beijing Automotive, said depth of our Saab great interest in cooperation, and we are well prepared to invest in new Saab In 2009, General Motors, Saab brand in the sale, the Beijing Automotive has been involved in bidding, but in the end part of the assets acquired Saab. In through some twists and turns, the Saab brand was eventually Dutch sports car maker Spyker (Spyker) in the bag. Earlier this year, Saab new master had died outside CEO Victor Muller MG, said Saab is looking for new partners, through sharing parts and technology to reduce costs ..
Analysis:. Saab trend reflects the European car of the local decline and adjustment should not be a good time to invest is now estimated that Saab is difficult to return to profitability. even if it should buy so, first talk to digest existing assets. If the particular want to get into, is the best option to enter a small observation, looking for future opportunities, not fast generous access.
4. Changan, PSA fastest this month Changan Group within the contract
internal sources, and PSA Peugeot Citroen (PSA) within the fastest in Shenzhen this month signed a preliminary letter of intent. PSA stakeholders were cautious about this, that before signing the final completion, is still To get into cars, stock allocation and balance the relationship with the east no small difficulty of the problem.
Analysis:. Chang'an to do ...