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Erdos Into The Domestic Automobile Industry, The "new Hot Spot"

Chery Automobile 20 billion yuan car project settled in Erdos City, Inner Mongolia, the message (see the paper February 8, 2010 A3 version “Chery want to hit 20 billion Erdos repairer”) has further information, the project settled in the Ordos and equipment manufacturing base of tube Authority’s stakeholders confirmed to reporters, Chery has commenced civil works projects, while the other giant car project – a total investment of 12.2 billion of the public treasure automobile manufacturing projects has also been settled in the Ordos will become a new investment in the domestic auto industry, ” hot spot. ”

Settled a number of automotive projects

Chery project called the “Chery Automobile and Industrial robot manufacturing projects,” because the visibility of Chery Automobile in China, making it settled in the Ordos received unprecedented attention.

“Lunar eighth day (February 21), the Government of the Chery land formation projects has begun, because the large area of land required for optical components supporting the project, there were 40 ~ 50.” Ordos MC-related say. In the Spring Festival, Erdos, head of investment office also said that after the Spring Festival, and Chery will be further contact, we can see the local on the Chery project’s “desire.” The amount of all of the 200 billion investment for the production of vehicle, or at least the size of 50 million units, which is the work of inviting foreign investment Ordos great victory.

Chery Erdos project is just “caught a big fish”, the equipment base has also attracted a number of other cars “predators”, in which there is planning an investment of 12.2 billion of the public treasure car. “The intention of the project agreement has been signed, can be described as a personal investment plan, the specific circumstances I am not very clear.” Ordos CMC are told reporters.

Reporter from the “2009 Investment of industrial projects in Erdos City,” was found on the

Comprehensive Interpretation of car light industries – automobiles, revitalization, electric cars – metal industry

Premier Wen Jiabao chaired a State Council on the 14th executive meeting examined and approved in principle the automotive industry and Steel Light industries. The meeting stressed that a development of the automobile to the consumer market. From 2009 January 20 to December 31, the displacement of 1.6 liters and below 5% reduced rate of levy passenger vehicle purchase tax. NetEase car expert opinion from all sides the first time, comprehensive interpretation auto industry restructuring and rejuvenation program.

1, New Deal for how long?

“Subsidies or only one year”

Background: According to the China Association of Automobile Manufacturers statistics this week, last year, domestic car sales 9.3805 million, up 10-year low of the event, less than 7%.

Yesterday, many experts believe that the published content from the point of view, planning is only a partial measure. “Is in financial difficulties, the government with taxation in return for a move.” Economic and Technical Information of China Automobile Industry Research Institute Li Jingsheng that in a period of one year’s “rescue”, the subsidy policy may stop.

Automotive Marketing Communications expert Zhang Zhiyong that planned follow-up support measures will be more operational, it is more important. “With Europe and the United States different from China, mainly to save rather than save the enterprise market.” Zhang stated that the plight of China and the United States different from China does not lack purchasing power, lack of consumer power recovery.

2, car plan proposed objectives? “The next three years, car production and sales increase 12% annually”

Background: The plan, from this January 20 to December 31, the displacement of 1.6 liters and below 5% reduced rate of levy passenger vehicle purchase tax. At present, the vehicle purchase tax is 10%.

Five goals 1 Development of the automobile consumer

New cars in India: Changes the Indian Automobile Industry

The quantity of new vehicles in India is building at a quick pace. It’s due for the fast building automobile market place from the country in addition to due to the building income of young urban Indians.

In 1990 India was among the under developed countries. In the beginning of the 1990s the Indian government had to open the entrance doors on the economy under the pressure with the Worldwide Monetary Fund. On this occasion the region had less than b overseas trade reserve. When the doors on the economy were opened regarding overseas corporations arrives along with complete company about in India, lots of economic actions began to take action. All main auto corporations entered Indian together with the hope of catering for the huge under-exploited current market designed for vehicles.

After the liberalization of foreign investments in India came into being New Maruti Suzuki Cars planted their unit in Manesar, India. From that onwards there was no looking behind for Maruti Udyog. Now there are around 222 vendors across India for Maruti Suzuki Cars.

Quickly, auto makers like Honda, Toyota, General Motors, Ford, BMW and also Mercedes all starting to sell their automobiles all over region. Numerous businesses also started to establish their manufacturer’s plants by investing heavily throughout the nation. They were taking benefit of the low-priced labor expense offered here. Tax advantages of manufacturing automobiles locally also helped the automobile organizations.

The economic activities had a very positive impact on the overall economy on the region. Soon, everyone had a strong middle class young Indians getting lots of well-paid jobs offered to them simply. This type of young people suddenly had lots of

van leasing for businesses- The main types of leasing options for industry automobile leasing

Vans for businesses are said to be a very valuable asset for any industry. trade vans can be used fro deliveries, clients or employees. When choosing on a van lease. for your business, you have the choice to buy or to lease it. industry vans come in various shapes and sizes, and have different needs and requirements. Sometimes businesses don’t want to invest in buying a vehicle and opt to lease an automobile instead. It’s a large sum to soend if you buy a transport for your business, so leasing is an excellent option. grasping an automobile on lease for your trade is much easier.

There are many kinds of transport leasing services on hand. Some companies can choose any of these leasing methods depending on what their requirements are. The most common lease types are Contract hire lease, Standard lease and hire purchase.

Standard Lease: This type of lease covers damage and servicing of the automobile and doesn’t put limit on the mileage. A commerce can then use the van without any limits for standard lease duration. Standard vehicle lease does not give the industry ownership of the vehicle at the end of the agreement.

Contract Hire Leasing: This type of leasing is on a contract and mileage basis. The type of lease is valid for an agreed amount of miles covered. Unlike standard leasing, contract hire is not time limited. Contract hire does not grant the business ownership of the vehicle at the end of the lease tenure.

Hire purchase: Hire purchase lease is different from standard or contract hire as you own the automobile at the end of the agreement. You make monthly payments the same as contract hire but hire purchase is similar to acquiring the transport on finance. Hire purchase has bigger monthly payments but is suitable if you don’t want to spend more money

Evolution of Modern Automobile Industry

Evolution of Modern Automobile Industry

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