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The reorganization of Chery and JAC was re-instated, but this time it was using the "cooperation" slogan to create "Daan Anhui Auto"; FAW Jilin received Daihatsu Senya; BAIC competing for Opel's defeat; following Sinotruk and German MAN After the marriage of the company, Volvo was rumored to be marrying the east wind... The reorganization and merger of the automakers is happening again in the country, and there is a tendency to spread to the second-tier and third-tier camps and the commercial vehicle sector.
[phenomenon] The dream of Chery and Jianghuai "Great Anhui Auto"
Some media reported recently that the restructuring of Jianghuai and Chery is a foregone conclusion, and will be formally introduced before the end of this year. Contrary to previous rumors, Anhui Province has basically determined the main idea of ​​joint or merger of automobile plates in the province: based on Chery Automobiles and Jianghuai Automobile Group, it will build Daan Automobile Industry Group, and the two companies will hold mutual shares. The "Who Eats Who" model.
FAW Jilin receives Daihatsu Senya
Just last week, the reporter learned from the relevant personage of FAW Jilin Automobile Co., Ltd. that FAW Jilin Motor had received a large-scale deal. In the future, Senya's trademark will be changed from Dafa to FAW.
However, in the face of doubts about whether “Yenya will suspend production and there is no guarantee after saleâ€, the person said that Senya will not stop production due to the replacement of the brand logo, and all the existing car owners’ after-sales service rights will not be affected.
BAIC and Opel missed the game
Recently, due to the tendency of the German side to acquire other parties, BAIC Motor's acquisition of GM's Opel car ended in a row. It is reported that Beijing Auto Holding intends to turn to the Ford Motor Company's Volvo brand.
Sinotruk is married to German company MAN
Global MAN, a leading manufacturer of trucks, will subscribe for a 25% stake in Sinotruk Hong Kong with a capital contribution of 560 million euros (5.4 billion yuan). In addition to the introduction of international technology, Sinotruk's cooperation has also opened up new opportunities for foreign companies to take up small shares in joint ventures.
[Analysis] Second-and third-line camp scrapes M&A restructuring wind
Zhong Shi, a domestic auto critic, believes that the characteristics of this wave of mergers and acquisitions are that most of the mergers and reorganizations initiated are the second camp or even the third camp of the domestic auto group. The most active of the second-line camps were Beijing Automotive and Guangzhou Automobile Group. For example, Guangzhou Automobile Group successfully reorganized Changfeng Automobile in May this year. In addition, Jianghuai Automobile Group and Chery Automobile are also planning to build a relatively loose coalition. In addition, mergers and reorganizations have begun to break through regional boundaries, and mergers and acquisitions of cigarettes have even become overseas. GAC's mergers and acquisitions from the north, BAIC South mergers and acquisitions, Tengzhong, Beiqi and other overseas mergers and acquisitions have this feature. In addition, in the field of parts and components, the cross-country bargain-hunting of Chinese auto companies is also attracting attention. On January 23, Weichai Group bid for related assets of French Baudolean company. Geely Automobile successfully acquired Australian DSI automatic transmission company.
Mergers and reorganization "money is not everything"
In the process of foreign bargaining that has already started, people feel the least pragmatic, that is, the concept of "not bad money" for Chinese companies is outstanding. Whether it is the acquisition of a strong buyer image in “Puma†or the acquisition of “Opel†as a leading bid and the acquisition of Volvo’s strong position, it gives foreigners a first impression that Chinese companies have money.
Car critics have said to Han Song that it is not worth considering where more money comes from than their bottom line, but this time to buy a reluctant “marital relationship†is indeed worth thinking about how the future will be.
Commercial vehicle sector car companies joint venture climax next station
After the domestic automobile companies have started cooperation with foreign passenger vehicles for many years, the current foreign marriage is deeply cutting into the commercial vehicle sector. In addition to CNHTC, recent examples include Beiqi Futian's marriage with Daimler, which is seen as the first order to get rid of the market-for-tech joint venture model. There is also the GAC Hino project, which will be officially put into production in the near future.
Car analyst Jia Xinguang pointed out in an interview with this reporter that with the development of the automotive industry, some car companies will be involved in the field of commercial vehicles, after the commercial vehicle companies have also entered the car market. For these two kinds of depots in the same place, it is expected that in the near future, under the impetus of policies, it will become a breakthrough for merger and reorganization of enterprises.
View related topics: China's auto industry recommence mergers and acquisitions wave
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