by fulltimestudent 22 Replies latest social current
From Fortune Magazine as quoted in China Daily:
No 6, Guangzhou Automobile Industry Group
Fortune Global 500 2014 rank: 483
Revenue: $24,144.8 million
Profit: $66.0 million
GAC's concept car is displayed at the 13th Beijing International Automotive Exhibition, also known as Auto China 2014, in Beijing, China, April 22 2014.
No 5, Zhejiang Geely Holding Group
Fortune Global 500 2014 rank: 477
Revenue: $24,550.2 million
Profit: $52.4 million
A Geely Emgrand Hybrid is displayed at the 13th Beijing International Automotive Exhibition, also known as Auto China 2014, in Beijing, China, April 20, 2014. [ZhangJie/chinadaily.com.cn]
Didn't Geely buy Volvo.
No 4, Beijing Automotive Group
Fortune Global 500 2014 rank: 336
Revenue: $33,374.5 million
Profit: $1,074.4 million
BAIC's Concept 900 is displayed at the 13th Beijing International Automotive Exhibition, also known as Auto China 2014, in Beijing, China, April 22 2014. [Photo/chinadaily.com.cn]
No 3, Dongfeng Motor Group
Fortune Global 500 2014 rank: 146
Revenue: $61,721.9 million
Profit: $1,333.6 million
Dongfeng S30 PHEV is displayed at the 13th Beijing International Automotive Exhibition, also known as Auto China 2014, in Beijing, China, April 20, 2014. [ZhangJie/chinadaily.com.cn]
No 2, China FAW Group
Fortune Global 500 2014 rank: 141
Revenue: $64,886.0 million
Profit: $2,622.4 million
FAW's Hongqi L5 luxury limo is displayed at the 13th Beijing International Automotive Exhibition, also known as Auto China 2014, in Beijing, China, April 22 2014. [Photo/chinadaily.com.cn]
No 1, SAIC Motor
Fortune Global 500 2014 rank: 103
Revenue: $76,233.6 million
Profit: $3,289.1 million
SAIC's Roewe 950 Fuel Cell is displayed at the 13th Beijing International Automotive Exhibition, also known as Auto China 2014, in Beijing, China, April 20, 2014. [YuHongyan/chinadaily.com.cn]
Note: I noticed (on my recent visit) that cars from this maker were common in Shanghai and Hangzhou.
designs:
Didn't Geely buy Volvo.
Yes!
However, my understanding is that the HQ remains in Sweden. However, Wikipedia lists three production plants in China, with one of them opening this year.
Assembly Plants
Torslanda, Sweden (Volvo Cars Torslanda - Torslandaverken) 1964–present
Ghent, Belgium (Volvo Cars Ghent) 1965–present
Chongqing, China (Chang’an-Volvo) 2009–present
Chengdu, China (Zhejiang Geely-Volvo) (2013–present)Daqing, China (Zhejiang Geely-Volvo) (Future Assembly Plant Opening 2014)
Volvo XC60, Volvo XC90
Chongqing and Chengdu are located close together and have easy access to Europe via a new rail link.
Daqing is right up north, near the border with Russia and N.Korea. It has reasonable access to Europe via the older Russsian Siberian railway
China is certainly the worlds largest vehicle manufacturer, with the OICA ( Reference: http://www.oica.net/category/production-statistics/ )
stating that in 2013 China made more than 18,000,000 cars and over 4,000,000 commercial vehicles, for a total of 22,116,806 vehicles, more than 14% up on the previous year.
A large chunk of that production is from American car makers, manufacturing in China and selling in China, though many are also made for export to other GM and FORD markets.
of the seven models shown, The blonde in frame one,-- I liked best, she reminds me of my mother.
seriously; it is amazing what industrious, focussed (not distracted by religion) & numerous people can do.
the workshop of thee world at it's best.
