nanjing fiat automobile
jiangsu nanya fiat automobile co. , ltd. in nanjing, jiangsu, cn
an automobile joint venture with italy' s fiat, [ 23 ] nanjing fiat automobile was abandoned by its foreign investor in 2007. [ 15 ] [ 20 ]
jiangsu nanya fiat automobile co. , ltd. in nanjing, jiangsu, cn | elm analytics
the 50 - 50 joint venture between nac and fiat was set up in april 1999. located in the jiangning district new technology park of nanjing, nanjing - fiat produced and sold 24, 000 vehicles in 2002, bringing a sales revenue of 2. 3 billion yuan (us $ 280 million). nanjing - fiat produce four models: fiat palio, fiat palio weekend, fiat siena, designed by idea and fiat perla the first model jointly designed by fiat and nanjing fiat automobile .
the report quoted fiat chief executive sergio marchionne as saying fiat will no longer put new models into production at nanjing fiat, a joint venture established in 1999 between nac and fiat .
numerus™ facility profile includes detailed information about jiangsu nanya fiat automobile co. , ltd. .
in the 1950s, oversight of the small automobile workshop that would become nanjing automobile was transferred to china' s first ministry of industrial machinery .
nanjing automobile corporation sell such automotive products as yuejin brand series of light - duty trucks .
these automotive facilities are located within 15 miles of jiangsu nanya fiat automobile co. , ltd. :
these facilities produce automotive parts or offer services similar to jiangsu nanya fiat automobile co. , ltd. :
on july 22nd 2005, the nanjing automobile group purchased the british mg rover group for £53 million .
rover sold to nanjing automobile bbc. com, saturday, 23 july 2005, 09: 36 gmt
jiangsu nanya fiat automobile co. , ltd. in nanjing, jiangsu cn is an automotive automaker parts plant. this location produces automotive parts such as: engine
= = history = = the production began in november 2001 with the fiat palio. it was followed by the fiat siena in september 2002 and the fiat palio weekend and fiat doblă˛ in june 2003. the production of the fiat perla was launched in july 2006. the perla was the last model launched by nanjing fiat. another model, the fiat linea, was developed by nanjin ...
( - literally meaning
leap forward
) and approved the establishment of nanjing automobile works that same year .
the wuxi soyat branch of nanjing automobile (group) corporation is the fourth integrated production base following yuejin, nanjing - iveco and nanjing - fiat, and the second production base of saloon cars. it locates at wuxi, the centre of the hangzhou - shanghai - nanjing triangle, covering an area of 640 m² .
the history of nanjing automobile (group) corporation can date back to 1947. it successfully produced the first light truck of china on march 10, 1958. the state named the truck guerin autos and approved the establishment of nanjing automobile works .
50 - 50 joint venture between nac and fiat was set up in april 1999. located in the jiangning district new technology park in nanjing, nanjing - fiat produced and sold 24, 000 vehicles in 2002, bringing a sales revenue of 2. 3 billion yuan (us $ 280 million). nanjing - fiat produces three models developed by giugiaro, the fiat palio, fiat palio weekend and fiat siena. iveco, an affiliate of fiat, also has a us $ 300 million joint venture with yuejin trucks producing iveco commercial vans .
fiat had also decided not to let nanjing fiat produce the d 200 sedan and would
make separate arrangements
for production of the alfa romeo in china, said an insider .
, (about 150 km east of nanjing) the wuxi branch of yuejin automobile co is a nanjing auto production base, and it may be the newest having been built sometime after 2003 .
the delayed reciprocal investment and inaction by nac has been intolerable to fiat
, fiat china president franco amadei was quoted as saying .
nanjing fiat sold only 30, 668 vehicles last year and nac has no plans for additional investment in the fiat joint venture as it concentrates of developing auto brands it owns, said the report .
italian auto giant fiat appears certain to terminate its joint venture partnership with nanjing automobile corp. (nac) after the chinese company failed to make its promised investment in the project, the shanghai securities news reported on saturday .
the numerus automotive supplier database contains even more detailed information about jiangsu nanya fiat automobile co. , ltd. including contacts, parts, processes, materials, and more .
indians are increasingly replacing expats to take pole position at several multinational automobile companies operating in the country .
the mg factory of nanjing automobile corporation is located in the high - level new technology economic development zone in pukou (a new district of nanjing). the capacity of the future nanjing - mg factory will reach 200, 000 autos, 250, 000 engines and 100, 000 gear - boxes .
during the ninth five - year program, the company jointly established nanjing viejo automobile co. with iveco company of fiat auto s. p. a. of italy. later it introduced foreign capitals through various channels to establish nanjing fiat company, initiating the production of saloon cars. at the meantime, it carried out shareholding reform on manufacturing enterprises of yuejin autos and established yuejin automobile shareholding co. , ltd. ; it introduced mature technology and auto models from europe and established wuxi soyat branch .
volkswagen group china has signed a memorandum of understanding with anhui jianghuai automobile group (jac) and seat .
iveco now runs a light truck joint venture in east china' s jiangsu province with nanjing automobile group. the venture has an annual output of nearly 20, 000 units .
nanjing fiat has been loss - making since 2003, despite a surge in demand and strong growth by almost all other vehicle manufacturers present in the country .
et had reported in september of 2016 that fiat chrysler is exploring the ...
fiat will also quit from the joint venture' s management team, said marchionne .
another joint venture was nanjing fiat, [ 14 ] established with fiat in 1999. [ 15 ] this italian automaker quit the company in 2007 [ 15 ] [ 20 ] citing a lack of investment on the part of its chinese partner. [ 15 ]
nanjing auto gears up to expand chinadaily. com, 2003 - 09 - 03
however fiat decided to persist with the chinese market by establishing a new joint - venture with chery. the aim of this partnership was to create 175 thousand fiat and alpha romeo cars, but this strategy was cancelled in 2009. as a consequence, fiat established another joint - venture with guangzhou automobile group co and invested 400 million euros (i. e. around £337 million). in 2011, fiat aimed to sell 300 thousand cars in china by 2014. to do so, fiat was relying on its alliance with chrysler, which was the first american automaker to build vehicles china. lorenzo sistino, fiat’s head of international operations confirmed its ambition to export small cars and green technology to the chinese market. the fiat 500 was introduced in china last year and was supposed to be the company’s “weapon”. however, sales of the fiat 500 didn’t really take off in 2012 .
2007 is a crunch year for fiat' s operations in china. according to china automotive review (car), nanjing fiat automobile co. ltd. , has been in crisis for some time. established in 1999 with a capacity of 100, 000 vehicles, sales peaked at 36, 739 units in 2003, and have remained around the 30, 000 units mark each year since then .
the wuxi soyat branch is the fourth integrated production facility for the nanjing automobile group, the others being yuejin, nanjing - iveco and nanjing - fiat, and the second production base for saloon cars. it is located at wuxi, in the centre of the hangzhou - shanghai - nanjing triangle and covers an area of 640 m². soyat currently makes the following models: soyat nj7150 (under seat licence) soyat unique (under seat licence) soyat suv (under isuzu licence) soyat pick - up (under isuzu licence) these models are sold in mainland china only
in 1996, nanjing auto established naveco (nanjing iveco automobile co ltd [ 17 ]) with iveco, [ 16 ] fiat' s commercial vehicles unit. [ 8 ] the joint venture initially manufactured a version of the iveco daily for sale in the chinese market, [ 16 ] and, as of 1995, it continued to make light trucks but had added diesel engines as well. [ 18 ]
wang haoling, chairman of nanjing automotive group corporation (nac), the chinese parent of the joint venture, is quoted as saying :
i don' t think fiat has a good understanding of the chinese market. our provincial governor and mayor have discussed product development strategies with fiat' s people and expressed the hope that it would introduce medium - to high - end models to the chinese market. studies have also been conducted on the possibility of introducing alfa romeo or lancia models, or the fiat panda, for production in nanjing. but the italian side is not willing to do so. the result is that nanjing - fiat does not offer enough models to customers .
according to the purchase agreement, nanjing automobile has bought the mg, austin and other british car brands, production technology and equipment for the mg zt, mg zs, mg zr and mg tf and k - series engines .
amadei said delaying the reciprocal investment in the fiat joint venture for two years may give nac' s mg project some breathing room but by then the fiat brand will have already lost out on the chinese market .
fiat avventura crossover, the eye candy vehicle showcased during the delhi auto expo 2014, by ...
the iveco purchases allowed nanjing auto to produce a version of the iveco daily. [ 9 ]
nanjing auto has had at least two joint ventures with the italian automaker fiat. a 50 / 50 [ 14 ] joint venture set up in 1999 [ 15 ] that collapsed sometime in 2007 [ 15 ] and naveco, a joint venture with fiat' s commercial vehicles unit, iveco, established in 1996. [ 16 ]
southeast university (seu) - jiulonghu campus steel mill 江浦区 zimu island xinsheng zhou masteel iron plant jiangxin island shijiu lake chery automobile co. wuhu fighter airbase
as mentioned below, fiat experienced management issues and failed to adapt their cars to the chinese market. indeed, while chinese people are looking for bigger cars than in europe, fiat just imported old models without adapting them to the country .
by 2011, nanjing hopes to assemble 85, 000 mg 7 a year and 25, 000 mg tf. nanjing will source as many parts as possible in china for both models to keep costs down .
with the merger of nanjing auto and saic, ownership of the longbridge plant became a saic controlled facility .
globalization of the automobile industry: the united states, japan, and the people' s republic of china pg. 140 by xiaohua yang, google book search, 1995
globalization of the automobile industry: the united states, japan, and the people' s republic of china pg. 159 by xiaohua yang, google book search, 1995
the company was located in the jiangning district' s economic & technological development zone in nanjing. [ 22 ]
on july 12, 2006 senior officials of nanjing automobile corporation announced the revival of the historic mg brand of vehicles, as well as plans to build a new mg product in oklahoma, with the formation of mg motors north america, inc. , in a ceremony in oklahoma city .
the fiat - owned company will also launch more suvs and another' specialty' model - a giulia - based coupe called the gtv .
fiat group automobiles india pvt ltd (fgaipl) will launch three more cars in india by december 2014, a top company official said .
fiat' s fidis sale would push net above eu1 billion, chief says bloomberg. com, september 14, 2006 10: 25 edt
as of 2006, it was producing four models: the perla and siena sedans, palio, compact and palio weekend station wagon. [ 14 ] most of nanjing fiat' s design and tooling was taken over by zotye in 2008. [ 21 ]
takeover of nanjing, wuxi soyat production came to a halt. the factory is now used by saic to build the
nanjing iveco rolls out new yuejin light truck for export findarticles. com; asiainfo services, 06 - 28 - 20077
nanjing auto merged with the much larger saic in 2007 [ 4 ] becoming a subsidiary of that company. [ 2 ]
production of the junda suvs and pickups was taken over from nanjing' s yuejin brand in 2005. by 2008, after
“there is the potential of a technical partnership with hyundai, which already supplies some components and transmissions for the us, ” said fiat chrysler ceo .
in 2007, the naning automobile plans to build 13, 000 cars based on the rover 75 / mg zt lower - premium sedan. it also plans 7, 000 mg tf convertible sports cars .
fiat group' s auto component arm magneti marelli will hire 300 people this year to support its expansion plans in india, a top company official told etauto .
the latest member of the 500 family, which follows the 500l wagon, is especially important to halt losses and sliding market share at fiat’s operations in europe .
soyat - the nanjing yuejin soyat, a chinese version of the first generation seat ibiza, is sold under the brand. [ 10 ]
last year nanjing - fiat set a 300, 000 unit sales target for 2010, but the car article is not optimistic that this target will be reached. instead it concludes with comments by industry observers that the companies need to improve their understanding of one another, and foster mutual trust and respect .
the assembly line is likely to come up in fiat' s ranjangaon unit, where the auto co already has a 50: 50 manufacturing joint venture with tata .
the italian group realised its mistake and decided to expand its models into china in 1986 through a joint - venture with iveco and nanjing automotive. in 1999, fiat signed a joint - venture with nanjing automotive but the group was already far behind its competitors. in 2002, after investing around 330 thousand euros (i. e. almost £280, 000), it started the production of the following models: palio, siena and perla .
shortly after nanjing automobile bought the company it revealed plans to employ 1, 200 workers and ultimately build 100, 000 cars in 2006, but apparently just 600 jobs are now likely to be created and 15, 000 cars assembled at the beginning, which represents a tenth part of those originally planned. the factory is now planned to reopen in early 2007 .
nanjing' s rover 75 - based cars will be mostly sedans that will be called the mg 7. nanjing will also build some station wagons called the mg 7t. it intends to build the mg 7 in both china and at the former mg rover factory in longbridge, england .
the new naveco is celebrated in nanjing archived 2008 - 12 - 25 at the wayback machine. iveco official site, 29. 10. 07
in the mid - 1980s, nanjing auto purchased designs and moulds from isuzu [ 7 ] and obtained technology from the italian iveco, the commercial vehicle unit of fiat, [ 8 ] participating in a spate of technology transfer deals circa 1980 that saw japanese designs and machinery sold to chinese buyers. [ 7 ]
fiat has been in india longer than any other foreign carmaker and yet, had little to show for it in recent years. jeep compass is steering its fortunes around .
shares of ford, general motors, as well as the u. s. - listed shares of fiat, were up between 1 percent and 2. 4 percent .
currently, the company has reached an annual capacity of 200, 000 sets of various autos, including over 400 kinds of saloon cars, light trucks, heavy trucks, light buses, off - road vehicles, estate cars, special vehicles and special - purpose vehicles as well as a wide series and multi - type product mix of various chassis, which has developed into four integrated production bases of yuejin, nanjing - iveco, nanjing - fiat and soyat .
however, fiat didn’t follow the trend at first and lagged behind rivals due to an inappropriate strategy. everything started in 1982 when a chinese manufacturer visited fiat in italy to offer a joint - venture. but the company didn’t really believe in the potential of the chinese market so the manufacturers left italy for germany and established a joint - venture with them instead .
). the capacity of the nanjing - mg factory will reach 200, 000 autos, 250, 000 engines and 100, 000 gear - boxes .
sometime before the 1980s, nanjing auto was under the joint jurisdiction of both the central and local governments. [ 7 ] as of 2003, this vehicle manufacturer was owned by yuejin automobile group of jiangsu, which held just over fifty - percent ownership of the company at this time, and two state firms created to dispose of non - performing bank loans, china huarong asset management and china cinda asset management. [ 23 ] nanjing auto is now a subsidiary of saic, having been merged with the much larger automaker in 2007. [ 25 ]
a result of chinese state policy to encourage mergers and acquisitions in the domestic automobile market, saic motor and the state - owned parent company of nanjing auto, yuejin automotive group, finalized a long - planned merger in december 2007. [ 25 ] fitful merger negotiations between the two companies had begun in 2001, and the tie - up was widely anticipated. [ 23 ] prior to the merger, but bidding alongside saic, [ 1 ] nanjing auto purchased the remaining assets of british group mg rover for near us $ 100 million. [ 26 ]
fiat had previously planned to invest 500 million euros in the joint venture over five years in a drive toward meeting the company' s 2010 sales goal of 300, 000 vehicles in china .
in 1999 the design, and possibly the tooling, for seat' s first generation ibiza was purchased and the car sold in china as the nanjing yuejin soyat. [ 10 ]
one of the reasons for a lack of trust may be nac' s acquisition of rover and its plans to develop its own brand. fiat dislikes the competition, but also the joint venture may have suffered from a lack of attention from nac management, according to the car report. on the other hand fiat has entered into an engine supply agreement with chery and there have been rumours that this may result in a joint venture .
nac unveiled its mg 7 series in nanjing in march this year, announcing it would become the first chinese automaker to manufacture in the united states by building the mg in oklahoma from may 2008 .
nanjing - iveco, or naveco, [ 16 ] is a joint venture with the italian iveco. [ 23 ] as of 1995, it builds diesel engines and light trucks. [ 18 ]
the initial mg range consisted of just the mg 7 and the mg tf. [ 11 ] nanjing auto also started production of the rover streetwise - based mg 3 sw in 2008. [ 12 ]
creating a fiat 500 in china that is adapted to the market trend could be an alternative, but it won’t be a piece of cake. according to chinese social networks and blogs, both experts and potential clients are doubtful of its possible success since small cars can be perceived as low value, even if equipped with the best technology. the price of the fiat 500 might be too expensive for the country given that numerous competitors offer small cars with very competitive prices in china .
iveco, an affiliate of fiat, also has a us $ 300 million joint venture in co - operation with the yuejin trucks, producing iveco commercial vans. iveco is the world' s second biggest bus manufacturer, following only mercedes - benz .
the mg range will expand in late 2008 with the launch of two new model ranges which may also be sold as austins. these will effectively replace the mg zr and mg zs ranges which nanjing decided against continuing .
nanjing is already seeking price quotes from suppliers in china, including many who are already making parts for a version of the rover 75 that will be assembled by saic motor, a subsidiary of shanghai automotive industry corporation .
sometime in 2007, yuejin' s truck - making business was merged with the iveco - nanjing auto joint venture naveco, [ 16 ] [ 19 ] which continued to sell under the yuejin brand. [ 17 ]
but industry insiders say nanjing and saic will eventually be forced to co - operate in building rover - based cars. indeed, the chinese government has already told the two to work things out, say sources close to both companies .
however, as of the beginning of 2007, there have been reports of quarreling between the americans partners and nanjing auto over differences of opinion regarding mg' s future. some people speculate that the americans are impatient with nanjing, who seem to be more heavily favouring the existing british longbridge factory and their own chinese operations over the planning of the us factory. there is also believed to be extensive cultural difference between the chinese and the americans that are causing rifts .
nanjing automobile corporation sells a range of light trucks under the yuejin name. the yuejin motor group has an annual production capacity of 200, 000 vehicles of various types including light trucks, light buses, cross country vehicles, minibuses, vans and special - purpose vehicles as well as various types of chassis. they have also been active in exporting vehicles and components with sales to countries including argentina, south africa, sudan, ivory coast, namibia, djibouti, tanzania, cyprus, togo, italy and spain. in addition they have established in some countries local skd / ckd assembly plants for trucks and minibuses .
saic sources say the agreement under which saic purchased the intellectual property rights of the 75 has loopholes that allow nanjing to also make the sedan, that means there could be two copies of the rover 75 on chinese roads in a few years .
nanjing auto acquired some assets of mg rover group and powertrain ltd in 2005 after the group had entered administration. according to the purchase agreement, nanjing auto bought mg, austin, and some other dormant british car brands, and the production technology and equipment for the mg zt and mg tf models. some equipment and blueprints were repossessed by honda, as its intellectual property is used in some of mg rover vehicles, in particular, the rover 45 and mg zs, which were based on the honda domani. [ 1 ]
however, even if its market shares remain very low (0. 39 %), fiat - chrysler chinese sales soared by 45% in 2012 compared with 2011 which is an encouraging growth rate. the group also announced its plans to reintroduce jeep – a brand of chrysler group – on the chinese market whose sales more than doubled last year. after 30 years of mistakes in the chinese market, fiat is at last on the right track but still has a long way to go. if the group wants to succeed, it will have to adapt to the chinese trend and expectations which has not been the case so far .
china is a goldmine for car manufacturers. since 2009 it has been the world’s largest car market. the car industry has experienced record sales for the past few years in china. but fiat was not part of this phenomenon. let’s find out why the italian group failed for over thirty years to enter the chinese car market .
fiat is a latecomer to the china market and showed half - year sales of 16, 442 units for the first six months of 2006. the company hopes the perla, which goes on sale in september, will help it reach total sales of 40, 000 units this year, which would be an improvement of 20 percent from 2005
however, introducing three old car models to the chinese market was not enough to adapt to the market trend. along with this unsuccessful strategy, fiat experienced management issues (the joint - venture’s president changed four times) and they achieved much lower sales than expected. as a consequence, the joint - venture split up and its factory was sold to volkswagen in 2007 .
if we compare this strategy with the other big car manufacturers, we notice that most of them modified the models making them bigger than the originals in order to match the chinese expectations. take the example of the volkswagen’s passat. the chinese version is larger and longer than the european models which is a perfect example of adaptation while fiat just imported the models without making any changes .
mg vehicles will not only be built in nanjing, china, but also at the longbridge assembly plant near birmingham, england and at a new american assembly plant to be built at the ardmore air park in ardmore, oklahoma. headquarters for mg sales, marketing and distribution (outside of asia) will be located in oklahoma city. research and development will be in norman at the university of oklahoma .
the site is owned by st. modwen properties which acquired 412 acres (1. 67 km 2) in two deals in 2003 and 2004 for £57. 5 million and leased it back to mg rover group. a 33 - year deal was signed in february 2006 between nanjing auto and st. modwen properties covering the lease of 105 acres (a quarter of the total area of the longbridge plant) but including the two main car assembly plants, the paint shop and administrative offices at a rent of around £1. 8 million a year. £10 million was estimated to be needed to reopen the factory. [ 13 ]
nac has now decided to establish production bases of mg project at longbridge, nanjing, and ardmore. on one hand, the production of some products with rather high cost if produced in the u. k. , such as engine, transmission and medium and low end vehicle products, will be transferred to china, where a mature supply chain with low cost will be set up step by step. on the other hand, with part of production facility retained in the uk, the original longbridge site will be integrated to resume the production of mg tf sport car and part of high end products (including zt and zt - t). meanwhile, by making full use of the prominent r & d capability and human resources in the uk as well as that of china, the euro iv engines and a new generation of vehicles will be developed and then produced in both china and the uk in the near future. then, the sales network of china established by nac and the global sales network of the former mg rover can be used to meet the demand of various markets in china, britain, europe and north america .
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the main reason is a lack of new products. it currently offers four models, the palio, siena, palio weekend and perla, but all are essentially versions of the palio. the perla was launched last year and was developed locally, but is still based on palio technology .
another problem is the lack of leadership. since the joint venture was established seven years ago it has been run by four ceos, mao xiaoming, su tongchang, paolo massi and now andrew j. humberstone. there have been frequent personnel changes elsewhere in the business, including in marketing. a dealer notes that the reason for the high staff turnover is that there is a cool relationship between the two partners .
neither seems to have a good opinion of the other ,
he said .
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( chinese: 南京汽车集团有限公司) (yuejin motor group corporation, china' s oldest car maker, founded in 1947) is a state - owned enterprise with 16, 000 employees. the group occupies an area of 4, 000, 000 m², has fixed assets amounting to rmb 12 billion and an annual production capacity of 200, 000 vehicles. the group' s major products are cars, trucks, and travel buses .
from 1958 to 1979, moved to a leading position in light auto trade in china. in 1980, in order to satisfy the need of the countryside market, it was the first to install diesel motor in the light trucks. in 1982, it introduced a whole set of moulds of isuzu cab, which enabled them to leap to the leading position of china auto trade in terms of auto model conversion technology and the auto output to a sharp increase from 250, 000 sets to 650, 000 sets .
at present, yuejin motor group possesses an annual production capacity of 200, 000 vehicles of various models. the products cover different types of models, including light duty trucks, light duty buses, cross country vehicles, small - sized passenger / cargo transportation vehicles, special - purpose vehicles as well as various types of chasses etc .
yuejin motor group has been engaged mainly in exploring the overseas markets of automobiles and parts & components thereof. the products have been exported to many countries and regions such as argentina, chile, south africa, sudan, ivory coast, namibia, djibouti, tanzania, cyprus, togo, italy and spain. in addition, it has obtained successful experience in establishing abroad skd / ckd assembly plants of trucks and minibuses .
it is a significant step taken by nac in its global strategy to acquire the assets of mg rover and powertrain ltd. after its successful acquisition of mg assets, nac is now undertaking the overall planning of mg project, of which, some part is already underway for implementation .
nac is in the process of making detailed plan for the strategy implementation in the uk and china and has taken steps on some important strategic issues such as longbridge site integration and euro iv engines development .
in the current plan, the production will be resumed in the longbridge in march 2007, when mg tf, mg zt and mg zt - t production will resume. the first customers will take delivery during the summer .
therefore, it is a key point in the global strategic plan of nac to re - establish a new sales network based on the original one of former mg rover group .
it is predicted that the factory, which covers 290, 000 m², will have a construction time of seven to nine months with completion in 2006 with the first cars produced in 2007 .
the mg series will be renamed as mg3z, mg5z and mg7z, from the original mgzr, mgzs and mgzt .
the mg rover plant at longbridge was for many years one of the most important factories in europe and was the largest british owned car manufacturing plant until the bankruptcy of the mg rover group. after the factory of abingdon closed in 1980, longbridge was also from 1982 the home of mg. longbridge employed 16, 000 ten years ago, down to 6, 000 when the company collapsed into administration in april 2005 .
the ownership of the site is held by the st modwen properties company who acquired 412 acres of the longbridge site in two deals in 2003 and 2004 for £57. 5 million and leased it back to mg rover group .
a 33 year deal was signed in february 2006 between nac and st modwen properties covering the lease of 105 acres (a quarter of the total area of the longbridge plant) but including the two main car assembly plants, the paint shop and administrative offices at a rent of around £1. 8 million a year .
an estimated £10 million is needed to reopen the factory. the company has also encountered problems securing suppliers to make components for the mg tf the unique car it plans to build there at the moment .
the development of euro iv engines, previously completed by powertrain, would be carried into production, with much of the final stages now being complete. bulking up the european end of the operation, a uk research and design centre would be set up in order to develop euro - specific models. there will also be a research and design centre in china for the development of cars for the chinese market .
there are plans for three new model range to go on sale in late 2008, with mg and possibly also austin badges .
nac has recruited a seasoned american auto executive, duke t. hale, to be the new company’s president and chief executive officer responsible for the revival of mg in the uk and europe followed by the re - launch of mg in north america .
according to mg motors officials, approximately 550 jobs will be created in oklahoma, including headquarters operations, assembly operations, parts and distribution operations and research and development .
the company expects to start construction of the ardmore assembly facility early in 2007 with production to start by the third quarter of 2008 .
this page was last edited on 10 january 2009, at 07: 48 .
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in 2005, nac outbid china' s biggest automaker, shanghai automotive industrial corp. , to acquire the bankrupt british carmaker mg rover group and its engine producer, power train ltd, for 53 million pounds .
nac has spent enormous amounts of human and financial resources on its mg project, said the report .
nac general manager yu jianwei said earlier this year that his company would need more than three billion yuan (390 million u. s. dollars) over the long term to boost mg project .
the italian auto giant is considering chery as a new partner, which would produce both the d 200 and alfa romeo, said the report .
shanghai gm dong yue automotive powertrain co. , ltd. in yantai, shandong, cn
golden motor supaplari san. ve tic. a. s. in gaziantep, tr
schaeffler technologies ag & co. kg - homburg plant 1 in homburg, saarland, de
schaeffler technologies ag & co. kg - - hirschaid plant in hirschaid, bavaria, de
schaeffler technologies ag & co. kg - - luckenwalde plant in luckenwalde, brandenburg, de
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seeing the country’s potential, japanese, american and european car manufacturers quickly decided to target china. in order to do so, they elaborated joint - ventures with local car manufacturers, created factories and adapted their car models for the market. and their strategy has succeeded. for instance, general motors sold more cars in china than in the united states in 2010 and it is planning to introduce nine new or restyled models to the chinese market in the next five years. they have also announced that they will build four more factories and create 6, 000 new jobs .
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the italian - american auto maker is making another attempt to unlock ...
the car manufacturer has also opened 108 dealerships across the country in just 11 month and hopes to touch 150 dealerships by this year end .
marcello gandini is unusually low - profile for an italian car designer, whose long career has spawned several hot - wheels — the lamborghini miura, countach, etc .
jeep luxuriously wheels into india, launches two models starting at rs 71. 59 lakh
the grand cherokee, available in three variants, will be priced in between rs 93. 64 lakhs and rs 1. 12 crore .
founded in august 2016, nullmax got $ 10 million from a chinese firm, xinmao science and technology co .
the investment will boost production of cars, utility vehicles and vans in india by 1. 3 - 1. 5 million units a year and generate employment for 20, 000 - 25, 000 people .
with so many cos reporting, analysts will try to spot results that differ from expectations .
communication technologies, information systems and safety gadgets are all being bundled into cars to make them more safer, convenient and sophisticated .
the group' s products have included cars, trucks, and buses. [ 1 ]
truck production continued until july 1987 at which point 161, 988 units of various models including the nj - 130, nj - 230, nj - 135, and nj - 134 had been built .
, usa was not realized. the production of engines, transmissions and medium and low end vehicle products would be transferred to china, where a supply chain would also be set up. a production facility would be retained in the uk, with the original longbridge site integrated to resume the production of
engines and a new generation of vehicles would be developed and then produced in both china and the uk .
. these cars would be mostly sedans (saloons), plus some mg 7t estate cars. it also planned 3, 000
and then of the rover marque which gradually replaced austin in the late 1980s .
the company acquired the truck manufacturing assets of yuejin motor co sometime in 2007. [ 16 ] [ 19 ]
as the company further developed its management, four complete production ecosystems were created .
brand. the production of isuzu - based suvs and pickups was transferred to the wuxi soyat branch in 2005 .
key events, may 21, 1958 / aug. 1, 1958 archived march 4, 2009, at the wayback machine. faw official site
refile - update 2 - saic to make mg 6 in uk, upbeat on own - brand car reuters. com, wed nov 25, 2009 5: 04am est
mg tf sports cars again produced in england archived 2011 - 06 - 09 at the wayback machine. xinhuanet. com, 2007 - 05 - 29
chinese plant rolls out first mg - bbc news. retrieved 27 march 2007 .
introduction to jiangning economic & technological development zone archived 2011 - 01 - 17 at the wayback machine. government of jiangning district official site
mg? not in america! archived 2008 - 09 - 04 at the wayback machine. auto trends, september 2, 2008. retrieved september 7, 2008 .
saic and yuejin auto merger creates chinese car colossus archived 2011 - 06 - 09 at the wayback machine. xinhuanet. com, 2007 - 12 - 26
autoshow - update 1 - brilliance plans us sales as early as 2007 reuters. com, mon apr 23, 2007 3: 22am edt
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the nanjing fiat automobile co. , ltd. ( chinese : 南京菲亚特汽车有限公司 ) was a car manufacturer located in the jiangning district 's economic & technological development zone in the city of nanjing ( people 's republic of china ) . the company was founded with an investment of 3 billion yuan in april 1999 as a joint venture between fiat auto s.p.a. and the nanjing automobile group . around 30,000 up to 35,000 vehicles were manufactured annually for the chinese market by nanjing fiat . 
the nanjing fiat automobile co., ltd. (chinese: 南京菲亚特汽车有限公司) was a car manufacturer located in the jiangning district's economic & technological development zone in the city of nanjing (people's republic of china). the company was founded with an investment of 3 billion yuan in april 1999 as a joint venture between fiat auto s.p.a. and the nanjing automobile group. around 30,000 up to 35,000 vehicles were manufactured annually for the chinese market by nanjing fiat.
the nanjing fiat automobile co., ltd. (chinese: 南京菲亚特汽车有限公司) was a car manufacturer located in the jiangning district's economic & technological development zone in the city of nanjing (people's republic of china). the company was founded with an investment of 3 billion yuan in april 1999 as a joint venture between fiat auto s.p.a. and the nanjing automobile group. around 30,000 up to 35,000 vehicles were manufactured annually for the chinese market by nanjing fiat.