The new four major vehicle joint venture projects or change

At the end of 2011, the country again tightened its joint venture vehicle project. Recently, the National Development and Reform Commission and the Ministry of Commerce announced the "Foreign Investment Industry Guidance Catalogue (Revised in 2011)" (hereinafter referred to as the "Catalogue"), removing the entire automobile manufacturing items from the encouraged category, increasing the key spare parts and developing strategies for new energy vehicles. Items such as emerging industries show that the country intends to promote industrial integration and encourage the development of autonomous vehicles and new energy automotive industries.

Affected by this, the approval of the joint ventures of Dongfeng Renault, Dongfeng Infiniti, Chery Subaru, and Chery Jaguar Land Rover in the four major joint ventures in the current domestic round of joint ventures may be affected by new shocks. Dongfeng Motor related person told this newspaper that it is unclear how much the impact of these two projects has been affected; Chery's assistant general manager and the press statement Jin Yibo also only told this reporter: “At the moment, joint ventures and cooperation projects are not Easy to evaluate."

Raising the Joint Venture Threshold for Vehicles At the same time as the issuance of the new Catalogue, the Development and Reform Commission announced that the 2007 edition of the Catalogue will be suspended from January 30 this year. Compared with the previous two editions of the “Catalogue”, foreign investment in China’s auto industry has gradually tightened its policies, especially in the manufacture of simple automobiles.

In fact, the state's policy on the joint venture of vehicles is continuously tightening. In the new "Automotive Industry Development Policy" recently released, the entry threshold for foreign investment projects has been improved, including the requirement that new passenger car projects must have matching engines. Production, and continue to adhere to the foreign investment in 50% of the total vehicle project restrictions, while standardizing the automotive product identification, protection and support the development of independent brands.

Su Jing, deputy director of the Department of Foreign Investment of the Ministry of Commerce, said that through more than 30 years of reform and opening up and the absorption of foreign investment, the Chinese automobile industry has made considerable progress, especially in the field of vehicle manufacturing. In 2010, the national automobile production and sales volume exceeded 18 million vehicles, and 2 consecutive years. It ranks first in the world in terms of years, and it also achieved partial exports in addition to meeting domestic needs. The revision of the "Foreign Investment Industry Guidance Catalogue" is intended to adjust the automobile industry policy accordingly. The direction of adjustment is to shift the focus of encouragement from "whole vehicle manufacturing" to "key component manufacturing and R&D." In this context, the new catalog will "automobile manufacturing (less than 50% of foreign investment)" from the encouragement class to allow.

Can still "curve save the country"

The level of vehicle manufacturing in China has been recognized by the industry. Many international auto giants including Mercedes-Benz, BMW, Audi, Hyundai, and Kia have newly built factories in China. They all claim to have reached the world's most advanced level. Mercedes-Benz E-class and BMW 5-series. From China’s exports, China no longer needs to introduce foreign-invested vehicles to improve its manufacturing.

Jia Xinguang, a senior analyst in the automotive industry, told this reporter that a joint venture cannot be used for technology. From the perspective of the industry, no new joint venture project is required. Now the big brands have basically entered China, and some of the remaining small brands are not very Chinese. need. The revised "Catalogue" removes the entire automobile manufacturing from the encouraged category to the permitted category. Although there are adjustments, it has not been explicitly prohibited. Therefore, it will not affect the joint venture companies that have entered China, and at the same time it will introduce new foreign investment projects. The current "Automobile Industry Development Policy" still implements foreign investment access management. However, the policy does not specify whether it is possible or not. "The joint venture company should not start from the vehicle first, but can upgrade from the engine or the locally developed 'curve to save the country' to the entire vehicle, depending on who has the strong ability to move."

Zhang Jianping, director of the International Economic Cooperation Office of the Institute of International Economics of the National Development and Reform Commission’s Institute of Macroeconomics, also believes that China’s vehicle manufacturing capacity is already strong. Whether it is a joint venture or a wholly-owned enterprise, the manufacturing capacity of the vehicle has greatly improved. The annual production of automobile production enterprises has reached 18 million, ranking the world's forefront. In particular, the rapid growth of domestic self-owned brands also makes the space for foreign investment to play a relatively limited role, and the elimination of auto vehicle manufacturing from the encouraged category also takes into account the encouragement of better development of domestic enterprises.

“However, the development of domestic related industries in the field of new energy vehicles is still relatively large compared to international ones. At present, there is no case of successful commercial operation. Domestically, the key components of new energy vehicles, batteries, engines, transmissions and other manufacturing fields are still short. Board.” Zhang Jianping said.

The four major joint venture projects: 1. Dongfeng Infiniti Although Infiniti China issued an official statement, saying that “No decision has been made regarding the production of Infiniti in China” (mainly because it does not want to affect the sales of imported Infiniti), but one of them appeared in Dalian’s environmental protection. The EIA report on the Dongfeng Automobile Co., Ltd. Dalian Plant's production capacity of 240,000 passenger cars will announce the news that Infiniti will soon settle in Dalian. It also shows that the low-profile Infiniti may emerge as the top four joint venture projects.

The EIA report disclosed that Dongfeng Motor Co., Ltd. Dalian new plant will be built in the Dalian Bonded Area, with an investment of over 5 billion yuan and an area of ​​1.268 million square meters. The proposed plant includes stamping, welding and painting workshops. , assembly shop and so on. The new plant plans to produce 25,000 medium and high-end SUVs in 2014; in 2015, it will produce 80,000 medium and high-end SUVs and 40,000 high-end SUVs; and in 2016, it will further increase the total production capacity of the plant to 145,000 units and start production. High-end MPV products; finally increase the production of high-end SED products by 2017, and complete the total design capacity target of 240,000.

2. Dongfeng Renault In early December 2011, Nissan Motor Co., Ltd. had negotiated with Renault's project team and Nissan Motor Co., Ltd. had signed a memorandum with Dongfeng Group on Renault’s domestic production. According to the agreement reached between the parties, Dongfeng will establish an independent joint venture with Renault and will settle in Dongfeng Motor Company headquarters is located in Wuhan. For Dongfeng Renault's domestically-made models, most people's guess is that Renault's car imports in China are very popular, Koleos, and Koleos owns nearly 20,000 cars in China, accounting for 80% of Renault's imported car sales in China. China also became Kore proud of the world's largest market.

3. The joint venture plan of Chery Barucharis Baru was a series of twists and turns. After the news that the project was terminated because of qualification problems, at the end of 2011, the project unexpectedly made a breakthrough. According to informed sources, due to concessions from Fuji Heavy Industries, Subaru-made domestic projects have been substantially approved. The conditions for approval are that the domestically produced model will carry the Chery Automobile logo and will be sold by Chery’s existing sales network. The model will also be produced at Chery's Dalian plant.

Fourth, Chery Jaguar Land Rover Chery and Jaguar Land Rover's joint venture negotiations have made substantive progress, in many key aspects the two sides have reached consensus, is currently pending approval of the relevant state departments. Once approved, Land Rover’s products will be the first domestically produced by the Chery Dalian factory. The first model will be a new model developed for the Chinese market. In addition, new self-owned brands that are joint ventures will be introduced. According to Jaguar Land Rover’s future product plans, 40 new models will be launched in the next five years, most of which will enter the Chinese market.