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SAIC-GM-Wuling Automobile
SAIC-GM-Wuling Automobile ( zh, 上汽通用五菱汽车股份有限公司, abbreviated as SGMW) is a joint venture between SAIC Motor, General Motors, and Liuzhou Wuling Motors Co Ltd. Based in Liuzhou, Guangxi Zhuang Autonomous Region, in southwestern China, it makes commercial and consumer vehicles sold in China under the Wuling and Baojun marques, respectively. A major mass-volume producer in the Chinese interior, in 2011 SGMW sold 1,286,000 vehicles in China, 1,445,000 in 2012, and aims to sell 2 million cars annually. Its offerings range in price from US$5,000 to US$10,000. SGMW is one of the largest manufacturers of microvans in China. Known as ''xiao mianbao che'' (小面包车), or “small bread box cars,” these pint-size commercial vehicles are no larger than a compact car and have sold well in the poorer interior. One of its popular microvans is the Wuling Sunshine. Selling more than 450,000 units per year, SGMW has claimed no one model outsells it in China. Both S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi Motors
is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan.Corporate Profile , Mitsubishi Motors website, 19 June 2008 In 2011, Mitsubishi Motors was the sixth-largest Japanese and the 19th-largest worldwide by production. Since October 2016, Mitsubishi has been one-third (34%) owned by Nissan, thus a part of the Renault–Nissan–Mitsubishi Alliance. Besides being part of the Renault–Nissan–Mitsubishi A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chevrolet Spark
The Chevrolet Spark ( ko, 쉐보레 스파크, translit=) is a city car manufactured by General Motors's subsidiary GM Korea from 1998 to 2022. The vehicle was initially developed by Daewoo and was introduced in 1998 as the Daewoo Matiz ( ko, 대우 마티즈, translit=). In 2002, General Motors purchased Daewoo Motors, which had the vehicle being marketed with several GM marques and nameplates. The third generation was predominantly marketed under its Chevrolet brand, including in North America as the Chevrolet Spark and in Australia and New Zealand as the Holden Spark Barina. The fourth generation was launched in 2015, and also known as the Holden Spark in Australia and New Zealand. It also serves as the basis for the Opel Karl in Europe, Vauxhall Viva in the UK, and VinFast Fadil in Vietnam, the latter being manufactured under license. A limited-production all-electric version, the Chevrolet Spark EV, was released in the U.S. in selected markets in California and Oregon in Jun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baojun 630
The Baojun 630 is a small family car/compact four-door notchback saloon and was the first car produced by SAIC-GM-Wuling through the Baojun brand. The 630 is manufactured in Liuzhou, Guangxi, China. It was launched at the 2011 Shanghai Auto Show, and went on sale in August 2011. A five-door hatchback derivative called the 610 was added to the range in April 2014. Overview The car was developed at the SAIC-GM Pan Asia Technical Automotive Center (PATAC) in Shanghai. While not visually similar to other GM cars, it has been suggested that the 630 and 610 is based on the Buick Excelle/ Daewoo Lacetti platform. In 2014, the car debuted in Egypt and Algeria as the Chevrolet Optra. File:Baojun 630 01 China 2012-04-15.JPG, Baojun 630 pre-facelift front File:2014 Baojun 630 sedan, rear 8.3.18.jpg, Baojun 630 pre-facelift rear File:2021 Chevrolet Optra (Egypt).png, 2021 Chevrolet Optra (Egypt) 610 The hatchback variant of the 630 is known as the 610. File:Baojun 610 China 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geely
Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely (吉利 "auspicious"), is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately held by Chinese billionaire entrepreneur Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto subsidiary. Geely Auto is currently the seventh largest automobile manufacturer in China, with 1.328 million sales in China in 2021. Globally, the group sold over 2.2 million cars in 2021, and over 17,926 plug-in electric vehicles in January 2022. The company produces and sells vehicles under its own branding - such as Geely Auto, Geometry, Maple, and Zeekr - and under foreign-located subsidiaries - such as Volvo Cars, Polestar, Lynk & Co, Proton, and Lotus - as well as commercial only vehicles under the London EV Company, Ouling Auto and Farizon Auto brands. It also produces electric vehicles under some of the previously listed br ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chery
Chery Automobile Co. Ltd., trading as Chery and sometimes known by the pinyin transcription of its Chinese name, ''Qirui'' (), is a Chinese state-owned automobile manufacturer headquartered in Wuhu, Anhui, China. Founded in 1997, it is currently the ninth largest automobile manufacturer in China, with 0.959 million sales in 2021. Chery's principal products are passenger cars, minivans, and SUVs; it sells passenger cars under the Chery marque and commercial vehicles under the Karry brand. Chery began the production of automobiles in 1999 and their export from China in 2001. It has been China's largest passenger car exporter since 2003, and in 2011 exported around 25% of its total production. It operates Qoros formed in 2007, a 50:50 joint venture with Kenon Holdings, for selling a range of premium vehicles in emerging markets. In 2012, Jaguar Land Rover formed a 50:50 joint venture with Chery dubbed Chery Jaguar Land Rover for the production of Jaguar and Land Rover c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP (also called the Mean Standard of Living). GDP definitions are maintained by a number of national and international economic organizations. The Org ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austin Montego
The Austin Montego is a British family car that was produced by British Leyland from 1984 until 1988, and then by Rover Group from 1988 until 1995. The Montego was the replacement for both the rear-wheel drive Morris Ital and the front-wheel drive Austin Ambassador ranges to give British Leyland an all-new competitor for the Ford Sierra and Vauxhall Cavalier. On its launch, it was sold as both an Austin and an MG. It was the last car to be launched under the Austin marque, and from 1988 it was sold without a marque, following the phasing out of the Austin name. Design and development The Montego started life as a four-door notchback variant of project LC10. Development on the new model, intended to succeed both the Morris Marina and the Princess ranges by the turn of the 1980s, had begun in 1977 but ultimately the new car was not launched until seven years after development had started; in the meantime, the Marina had been updated and rebadged as the Morris Ital from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austin Maestro
The Austin Maestro is a five-door hatchback small family car (and two-door van derivative) that was produced from 1982 to 1987 by British Leyland, and from 1988 until 1994 by Rover Group, as a replacement for the Morris Marina and Austin Allegro. The car was produced at Morris' former Oxford plant, also known as Cowley, with 605,000 units sold. Today, the redeveloped factory builds the BMW Mini. An MG-branded performance version was sold as the MG Maestro from 1983 until 1991. Although later models were sometimes referred to as the Rover Maestro, the model never wore the Rover badge. The Austin Montego saloon was a variant of the Maestro. Background British Leyland was created in 1975 when the bankrupt British Leyland Motor Corporation was nationalised. In 1977 the South African-born corporate troubleshooter, Michael Edwardes, was recruited as chairman to sort out the troubled firm. Part of Edwardes' plan was to introduce a completely new range of mass-market models to re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FAW Jie Fang
FAW Jiefang is a truck manufacturing company headquartered in Changchun, Jilin, China, and a wholly owned subsidiary of FAW Group. It is the largest manufacturer of heavy trucks in China. FAW Jiefang was established in 2003 and has more than 22,000 employees, building more than 500 different models of 5-30 ton trucks. It has an annual production capacity of around 200,000 vehicles. History FAW Jiefang began as the FAW Car Co., Ltd, with its founding in 1953. The first truck rolled off of the lines in 1956. The technology came by way of Russia (Soviet Union). Subsidiaries and divisions FAW Jiefang is made up of other subsidiaries and divisions. Qingdao Truck Division The Qingdao Truck Division, located in Qingdao, China, merged into FAW Group in 1993, and later was assigned to the FAW Jiefang company. This subsidiary has 2,900 employees, and produces over 70,000 units per year. WuXi Diesel Engine Works (FAWDE) The WuXi Diesel Engine Works Division (also known as FAWDE), loca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Automobile Works
China FAW Group Corp., Ltd. (First Automobile Works) is a Chinese state-owned automobile manufacturer headquartered in Changchun, Jilin.FAW Today FAW's 50th Anniversary Brochure Founded in 1953, it is currently the second largest of the " Big Four" state-owned car manufacturers of China, together with , and |
Qingdao
Qingdao (, also spelled Tsingtao; , Mandarin: ) is a major city in eastern Shandong Province. The city's name in Chinese characters literally means " azure island". Located on China's Yellow Sea coast, it is a major nodal city of the One Belt, One Road (OBOR) Initiative that connects Asia with Europe. It has the highest GDP of any city in the province. Administered at the sub-provincial level, Qingdao has jurisdiction over seven districts and three county-level cities (Jiaozhou, Pingdu, Laixi). As of the 2020 census, Qingdao built-up (or metro) area made of the 7 urban Districts (Shinan, Shibei, Huangdao, Laoshan, Licang, Chengyang and Jimo) was home to 7,172,451 inhabitants. Lying across the Shandong Peninsula and looking out to the Yellow Sea, it borders the prefecture-level cities of Yantai to the northeast, Weifang to the west and Rizhao to the southwest. Qingdao is a major seaport and naval base, as well as a commercial and financial center. It is home to electroni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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