Dongfeng Fu steam or restructuring agreement signed in September does not involve commercial vehicles segment

Dongfeng Fu steam or restructuring agreement signed in September does not involve commercial vehicles segment Micro-growth market environment, the cummins engine Motor is planning to make use policy "Dongfeng", southeast important step.Recently, this reporter was informed that, Dongfeng Motor Corporation, or will be in September signed a cooperation agreement with the blessing Automobile Group, the main content of this cooperation agreement will involve mainly southeast car passenger car body plate."The two sides originally planned to sign an agreement in late August, some details but the agreement by both parties suspend and currently informed middle of this month, the two sides will sign a cooperation agreement." A source close to the people of the blessing Automobile Group, told reporters, "The cooperation in the scope of the restructuring also adjust for passenger car body, commercial vehicle and other business segments involves temporarily. " This also means that the steam group will be split into passenger cars and dongfeng cummins, such as part of the business, and as a passenger car assets southeast car became the focus of Dongfeng completion of the merger. Southeast car in Fujian Province, and the support of the relevant government departments in the shareholding structure of Taiwan Yulon has "countless" Contact arm of Dongfeng Motor income. Questioning the progress in the restructuring of the global automotive forum held in Chengdu on September 6, general manager of Dongfeng Motor Corporation Zhu Fushou responded by saying, "Restructuring the issue has not yet determined, dongfeng truck for restructuring has been open-minded, and also to keep cautious and steady style of work. "He also eloquently expressed in the market environment of rapid growth in the past, "rather be beheaded do Pteris" cultural role, in order to integrate the "very difficult", "(now) in trouble enterprises to mind sooner, or face will not be the merger and reorganization, but the more serious problem of existence. "Zhu Fushou persuasive tone, looks determined to win the object of merger and reorganization. News the other steam avoided. However, the reporter was informed that, in grafting central enterprises "of the Fujian provincial government policies to push men, Dongfeng Fu steam up to more than 10 months of contact and consultation, the Chinese and the remains Southeast Automotive Group, a joint venture of the steam.According to sources of the proximity blessing Automobile Group, the final negotiated the cooperation still holding southeast by Southeast Automotive base, development of own-brand vehicles. Meanwhile, Fuzhou Linhai geographic advantage will undoubtedly Dongfeng Motor's overseas markets bring more help. Moreover, this partnership will also help an important partner of Dongfeng cummins parts, Yulon Group, straighten out the business in the Chinese equity relationships. Joint venture with Dongfeng Motor 50:50 Dongfeng Yulon, Dongfeng Motor Group included in the "independent" checkerboard to a joint venture, southeast automotive future or also the Dongfeng "independent" of the column. Peel passenger car body, steam the main job of the passenger cars, spare parts, light truck cummins 6bt business. "The the proximity fu steam sources. The Participation Holdings Group steam car prices Longma the southeast car, Fujian Daimler, Xiamen Golden Dragon, and the construction of the new, products related to cars, MPV, micro cars and medium-sized passenger cars such as.Group from steam released data show that the first half of 2012, the Group ownership enterprises steam car sales of 88,033, operating income of 138 million, essentially flat with the same period last year. Southeast of automotive sales and profits growth.In contrast, Fujian Benz cummins isde Group steam naturally nurtured another plate. But today, this business segment is still flagging. From the Joint Committee of the National Passenger Car Statistics show that the first eight months of this year, Fujian Benz sales declined across the board, the cumulative sales of 3581, a year-on-year decline of 50.5%.BAIC and Daimler signed a joint venture framework agreement, subsequently renamed the "Fujian Benz positioning is still a high-end commercial vehicle market. The Mercedes-Benz brand can still improve the product positioning of the automotive industry in Fujian, but the future direction remains a challenge. From the scale of the production capacity, Fujian Mercedes-Benz with an annual output of 40,000 is only "entry-level", while in the Ministry of Industry issued new auto companies exit mechanism, Fujian Benz consolidation issues also had to re-mention on the agenda. Fujian Benz or the introduction of new models, including commercial vehicles, school buses are one of them. Xiamen King Long Motor Group Holdings steam (600686, SH) is regarded as its most high-quality assets, The Jinlong owns three bus companies, are one of the leading enterprises of the Chinese passenger car manufacturing, the steam Group, the commercial vehicle cummins kta19 segment restructuring, and Xiamen Kinglong strong profitability.In addition, in August just won the Development and Reform Commission, the cross-category production approvals for new Ryoma expansion project is also expected to be commissioned at the end of September, the production of micro-car and engine. Future passenger-based Xiamen Golden Dragon, the new micro car based Ryoma Fuda car, light truck-based re-build the vehicle architecture of the steam Group.To be quoted recently GAC with Mitsubishi's new joint venture company, its shareholders, parties Mitsubishi the southeast car's attitude is also a "silent attention."