Curve to avert the risk of departing into Russia and Belarus Chery
In order to circumvent the policy of the Russian market uncertainty, Chery has made it clear for the Russian market the strategic migration plan - Russia's neighbor Belarus in the assembly and manufacture of motor vehicles, aimed at the assembly in Belarus after the export to Russia.
According to local media reports of Russia, Belarus Chery projects originally planned in April this year, prior to finalizing the project are the main contents of automobile factory in Minsk, Belarus set up stamping, welding and painting lines, the entire process of China's Chery Automobile assembly.
Chery near the industry said that Chery has all the preparation work to do a good job and is awaiting the approval of the Government of Belarus, the main industries are preferential measures and policies.
In detail, because of the high-level vigilance to the Government of Belarus, the task somewhat unsure prospects. Moreover, in agreement with the Russia and CIS nations marked a free trade affirmation, assemble Chery vehicles in Belarus, as long as the localized output of more than 50%, can be exported to Russia.
Russian highly talented, advised reporters Moscow University Roland, Chery ventures in Belarus with the type the meaning of thoroughfare open after this will not only assault the Russian Chery are a good way, and will have more collection in the Chinese motor vehicle costs Russia surrounding the set up assembly plants in the Commonwealth of Independent States.
"Escape" from the Russian
At present, very depressed, and the entire Russian market.
Russian Industry Minister Viktor Khristenko said that Russia in 2009 the whole annals of the automobile commerce will face on the poorest year for vehicle sales is anticipated to down turn more than 60%. The Russian government in December last year when 40 per hundred anticipated to decrease. Downturn in the market in order that enterprises in the Russian capital the localized string of connections is nearly broken and vulnerable. Russian Volga vehicle plant's biggest vendor - British克姆拉达Corporation (who) has lately announced bankruptcy.
March 30, Russian Prime Minister Putin of Russia committed to the liberate of four greatest state-owned automobile vegetation assembly, Russian Deputy Prime Minister, pertinent ministers, as well as the four greatest state-owned enterprises and Russia - the Volga, Gorky, Kamaz, Sollers's someone in accuse of all present, the very large and unprecedented scale. Russian Prime Minister Vladimir Putin on Russia's greatest motor vehicle fabricator AvtoVAZ organisation of fabricating financial gatherings and staff that the financial gathering and other divergence is that the Volga automobile fabricating financial gathering did not lay-offs, but this is a highly charge score.
At the gathering on the long before, the Russian government has determined to an added 10 billion rubles of household financial vehicle for government procurement program, tremendous efforts. "Russian localized enterprises tremendous breaches in funding, the Russian Government's aim is very conspicuous, is to support localized enterprises." Rowland notified reporters, "and these businesses are just the Chinese vehicle rivals."
At present, all of the Russian government did not release bundle applied, initially presented last year has been designed for March 24 against the implementation of persons purchase 350,000 Russian rubles preferential borrowings for the following forms, up to now has not occurred .
"In Russia, the policies introduced by the Government within six months do not have to implement it are normal, local government and bank accounts do not buy the deadly problem in Russia, if the preferential loans in June this year can not be carried out, the entire Russian Auto markets will face enormous difficulties. "Roland said.
Russian administration in agreement with the proposition, the preceding two months, year-on-year down turn in the Russian automobile utilisation up to 40% after the March sales will fall 50%, in 2009 a decline in the general market will come to not less than 35% -40%.
Not only that, but the doubt of the Russian market still has farther aggravated the starting of the year start to apply designs to halt in September of imported vehicles increased tariff principle has proceeded implementation of the present signs. Tariffs on imported vehicles is not only a assault to Chinese trades of vehicles, but furthermore the major reason is to battle a large influx of Japanese utilised vehicles in Russia. Data display that the first two months of this year, the Japanese utilised vehicles into Russia is nearly stagnant. In supplement, imported vehicles for the more tough security and ecological measures are brewing, the present public note is that Russia in 2010 to apply the European IV emission standards.
Russia is a high risk investment market has become an accepted fact, even by the Russian government welcomed the cross-border capital investment in Russia very carefully, especially the Japanese auto companies, for example, after the Toyota-owned factory in Russia only in 100 million U.S. dollars, which the world at large Toyota obvious contrast.
Policy to avert the indecision of Chery are one of the justifications he moved to Belarus, and new partnerships with the Russian co-operation does not productively TagAZ Chery in addition has to face.
Depressed because of market conditions, the two sides did not realize the original investment. At present, TagAZ serious issue of funding chain, according to Russian media reports, the plant has been owed the bank 6.0 billion Russian rubles southwest of the Russian foreign trade bank, as well as 6.5 billion rubles.
Because of money shortages, the vegetation or even the identical supplier only, vendor of "barter", bonds, portions, gear, items can be utilised for settlement. Because of the need of auto components suppliers, TagAZ start output in February from the present output has not completely recovered. Chery and give the method of assembly, TagAZ furthermore impelling their own emblem of vehicle C-100, this vehicle fittings imported from Korea.
Chery assert not to stop the Russian market, with the individual as saying "the Board will arrive out will be very difficult." Last year, Chery terminals in Russia of 1.2 million flats traded this year, the identical objective in Russia is the smallest base line. Chery is actually the aim of the work is firm self-assurance in the vendor in Russia, and in trading efforts.
Roland accepts as factual that Chery assembled in Russia desire to draw the courses of the task, in the hands of the output command of Belarus. It is appreciated that the Chery tasks in Belarus are of large significance to the Government, Belarus Deputy Prime Minister to in person intervene. "China's vehicle charges have endured setbacks in Russia, an significant cause for this is that did not obtain the support of the Russian government, and Toyota, GM and other multinational companies are just the opposite."
Of course, the fundamental reason is the benefits, Belarus national production has only a few hundreds of passenger vehicles, passenger cars and annual sales reached nearly 25,000, that is to say Chery to enter Belarus would not impact on the formation of local brands, and will be added beneficial.
The industry believes that there is also different from the Russian government anxious to protect the local car manufacturers, Belarus began in 2006 to set up joint venture production of Iran's car, there should be no domestic car companies are lobbying to put pressure on the Government policies often cause automobile industry adjustment.
Belarus are a very valued associate of Russia, which right away includes the political and security of Russia, embracing Belarus, the CIS nations and Russia have noted a free trade accord, except for certain goods, the minimal deal tariff to zero. Roland said that Chery As for future ventures in Belarus, the key is reliant on the Government of Belarus and the Russian government commitment.
Specific to drive vehicles, Chery very apparent with the pertinent population in Belarus, advised reporters, Chery vegetation in Belarus is changeable in rank to circumvent the guideline of the Russian risk, in harmony with the country's two free trade accords, as long as the restricted goods produced of Chery in Belarus 50% , you can trade overseas the Russian.
From the sales of the first two months of this year, the Chinese car was almost completely annihilated in Russia, which also includes one of the growth in 2008 of the Great Wall and other Chinese car prices, from this perspective, Chery is a selection of Belarus was no choice but to force, but once this road of Belarus had a go, will give a great impetus to China's car prices example, in order to keep the Russian market, Chinese enterprises will be more selection in the assembly and manufacture of the Commonwealth of Independent States. - 18418
According to local media reports of Russia, Belarus Chery projects originally planned in April this year, prior to finalizing the project are the main contents of automobile factory in Minsk, Belarus set up stamping, welding and painting lines, the entire process of China's Chery Automobile assembly.
Chery near the industry said that Chery has all the preparation work to do a good job and is awaiting the approval of the Government of Belarus, the main industries are preferential measures and policies.
In detail, because of the high-level vigilance to the Government of Belarus, the task somewhat unsure prospects. Moreover, in agreement with the Russia and CIS nations marked a free trade affirmation, assemble Chery vehicles in Belarus, as long as the localized output of more than 50%, can be exported to Russia.
Russian highly talented, advised reporters Moscow University Roland, Chery ventures in Belarus with the type the meaning of thoroughfare open after this will not only assault the Russian Chery are a good way, and will have more collection in the Chinese motor vehicle costs Russia surrounding the set up assembly plants in the Commonwealth of Independent States.
"Escape" from the Russian
At present, very depressed, and the entire Russian market.
Russian Industry Minister Viktor Khristenko said that Russia in 2009 the whole annals of the automobile commerce will face on the poorest year for vehicle sales is anticipated to down turn more than 60%. The Russian government in December last year when 40 per hundred anticipated to decrease. Downturn in the market in order that enterprises in the Russian capital the localized string of connections is nearly broken and vulnerable. Russian Volga vehicle plant's biggest vendor - British克姆拉达Corporation (who) has lately announced bankruptcy.
March 30, Russian Prime Minister Putin of Russia committed to the liberate of four greatest state-owned automobile vegetation assembly, Russian Deputy Prime Minister, pertinent ministers, as well as the four greatest state-owned enterprises and Russia - the Volga, Gorky, Kamaz, Sollers's someone in accuse of all present, the very large and unprecedented scale. Russian Prime Minister Vladimir Putin on Russia's greatest motor vehicle fabricator AvtoVAZ organisation of fabricating financial gatherings and staff that the financial gathering and other divergence is that the Volga automobile fabricating financial gathering did not lay-offs, but this is a highly charge score.
At the gathering on the long before, the Russian government has determined to an added 10 billion rubles of household financial vehicle for government procurement program, tremendous efforts. "Russian localized enterprises tremendous breaches in funding, the Russian Government's aim is very conspicuous, is to support localized enterprises." Rowland notified reporters, "and these businesses are just the Chinese vehicle rivals."
At present, all of the Russian government did not release bundle applied, initially presented last year has been designed for March 24 against the implementation of persons purchase 350,000 Russian rubles preferential borrowings for the following forms, up to now has not occurred .
"In Russia, the policies introduced by the Government within six months do not have to implement it are normal, local government and bank accounts do not buy the deadly problem in Russia, if the preferential loans in June this year can not be carried out, the entire Russian Auto markets will face enormous difficulties. "Roland said.
Russian administration in agreement with the proposition, the preceding two months, year-on-year down turn in the Russian automobile utilisation up to 40% after the March sales will fall 50%, in 2009 a decline in the general market will come to not less than 35% -40%.
Not only that, but the doubt of the Russian market still has farther aggravated the starting of the year start to apply designs to halt in September of imported vehicles increased tariff principle has proceeded implementation of the present signs. Tariffs on imported vehicles is not only a assault to Chinese trades of vehicles, but furthermore the major reason is to battle a large influx of Japanese utilised vehicles in Russia. Data display that the first two months of this year, the Japanese utilised vehicles into Russia is nearly stagnant. In supplement, imported vehicles for the more tough security and ecological measures are brewing, the present public note is that Russia in 2010 to apply the European IV emission standards.
Russia is a high risk investment market has become an accepted fact, even by the Russian government welcomed the cross-border capital investment in Russia very carefully, especially the Japanese auto companies, for example, after the Toyota-owned factory in Russia only in 100 million U.S. dollars, which the world at large Toyota obvious contrast.
Policy to avert the indecision of Chery are one of the justifications he moved to Belarus, and new partnerships with the Russian co-operation does not productively TagAZ Chery in addition has to face.
Depressed because of market conditions, the two sides did not realize the original investment. At present, TagAZ serious issue of funding chain, according to Russian media reports, the plant has been owed the bank 6.0 billion Russian rubles southwest of the Russian foreign trade bank, as well as 6.5 billion rubles.
Because of money shortages, the vegetation or even the identical supplier only, vendor of "barter", bonds, portions, gear, items can be utilised for settlement. Because of the need of auto components suppliers, TagAZ start output in February from the present output has not completely recovered. Chery and give the method of assembly, TagAZ furthermore impelling their own emblem of vehicle C-100, this vehicle fittings imported from Korea.
Chery assert not to stop the Russian market, with the individual as saying "the Board will arrive out will be very difficult." Last year, Chery terminals in Russia of 1.2 million flats traded this year, the identical objective in Russia is the smallest base line. Chery is actually the aim of the work is firm self-assurance in the vendor in Russia, and in trading efforts.
Roland accepts as factual that Chery assembled in Russia desire to draw the courses of the task, in the hands of the output command of Belarus. It is appreciated that the Chery tasks in Belarus are of large significance to the Government, Belarus Deputy Prime Minister to in person intervene. "China's vehicle charges have endured setbacks in Russia, an significant cause for this is that did not obtain the support of the Russian government, and Toyota, GM and other multinational companies are just the opposite."
Of course, the fundamental reason is the benefits, Belarus national production has only a few hundreds of passenger vehicles, passenger cars and annual sales reached nearly 25,000, that is to say Chery to enter Belarus would not impact on the formation of local brands, and will be added beneficial.
The industry believes that there is also different from the Russian government anxious to protect the local car manufacturers, Belarus began in 2006 to set up joint venture production of Iran's car, there should be no domestic car companies are lobbying to put pressure on the Government policies often cause automobile industry adjustment.
Belarus are a very valued associate of Russia, which right away includes the political and security of Russia, embracing Belarus, the CIS nations and Russia have noted a free trade accord, except for certain goods, the minimal deal tariff to zero. Roland said that Chery As for future ventures in Belarus, the key is reliant on the Government of Belarus and the Russian government commitment.
Specific to drive vehicles, Chery very apparent with the pertinent population in Belarus, advised reporters, Chery vegetation in Belarus is changeable in rank to circumvent the guideline of the Russian risk, in harmony with the country's two free trade accords, as long as the restricted goods produced of Chery in Belarus 50% , you can trade overseas the Russian.
From the sales of the first two months of this year, the Chinese car was almost completely annihilated in Russia, which also includes one of the growth in 2008 of the Great Wall and other Chinese car prices, from this perspective, Chery is a selection of Belarus was no choice but to force, but once this road of Belarus had a go, will give a great impetus to China's car prices example, in order to keep the Russian market, Chinese enterprises will be more selection in the assembly and manufacture of the Commonwealth of Independent States. - 18418
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