Curve to bypass the risk of going into Russia and Belarus Chery
In rank to circumvent the guideline of the Russian market indecision, Chery has made it clear for the Russian market the strategic migration arrange - Russia's nearby Belarus in the assembly and fabricate of drive vehicles, focused at the assembly in Belarus after the trade overseas to Russia.
According to localized newspapers accounts of Russia, Belarus Chery tasks initially designed in April this year, former to finalizing the task are the major contents of automobile manufacturer in Minsk, Belarus set up marking, welding and decorating lines, the whole method of China's Chery Automobile assembly.
Chery beside the commerce said that Chery has all the groundwork work to do a good job and is awaiting the acceptance of the Government of Belarus, the major commerce are preferential assesses and policies.
In item, because of the high-level alertness to the Government of Belarus, the venture quite indecisive prospects. Moreover, in harmony with the Russia and CIS nations noted a free trade accord, assemble Chery motor vehicles in Belarus, as long as the restricted goods produced 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 dejected, and the whole Russian market.
Russian Industry Minister Viktor Khristenko said that Russia in 2009 the entire history of the automobile industry will face on the worst year for car sales is expected to decline more than 60%. The Russian government in December last year when 40 percent expected to decrease. Downturn in the market so that enterprises in the Russian capital the local chain is almost broken and vulnerable. Russian Volga car plant's largest distributor - British克姆拉达Corporation (who) has recently declared bankruptcy.
March 30, Russian Prime Minister Putin of Russia dedicated to the release of four foremost state-owned automobile vegetation gathering, Russian Deputy Prime Minister, applicable ministers, as well as the four foremost state-owned enterprises and Russia - the Volga, Gorky, Kamaz, Sollers's individual in ascribe of all present, the tremendous and unprecedented scale. Russian Prime Minister Vladimir Putin on Russia's biggest vehicle constructor AvtoVAZ administration of constructing businesses and employees that the business and other distinction is that the Volga automobile constructing business did not lay-offs, but this is a exorbitant score.
At the assembly on the long in the past, the Russian government has resolved to an supplemental 10 billion rubles of in the household economic vehicle for government procurement program, very large efforts. "Russian restricted enterprises very large cracks in funding, the Russian Government's stated intent is very apparent, is to support restricted enterprises." Rowland advised reporters, "and these financial gatherings are just the Chinese motor vehicle rivals."
At present, all of the Russian government did not rescue package implemented, originally introduced last year has been planned for March 24 against the implementation of people buy 350,000 Russian rubles preferential loans for the following models, up to now has not happened .
"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 financial endeavour market has become an agreed to item, even by the Russian government greeted the cross-border capital financial endeavour in Russia very very carefully, principally the Japanese auto financial gatherings, for instance, after the Toyota-owned production vegetation in Russia only in 100 million U.S. dollars, which the world at large Toyota apparent 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 situation, the two edges did not recognize the initial investment. At present, TagAZ grave topic of funding string of connections, as asserted by Russian newspapers accounts, the vegetation has been was obliged the bank 6.0 billion Russian rubles southwest of the Russian foreign trade bank, as well as 6.5 billion rubles.
Because of currency shortages, the vegetation or even the matching supplier only, seller of "barter", bonds, allocations, apparatus, wares can be employed for settlement. Because of the deficiency of auto elements suppliers, TagAZ commence goods produced in February from the prevailing goods produced has not entirely recovered. Chery and give the method of assembly, TagAZ in addition forcing their own brand label of motor vehicle C-100, this motor vehicle fittings imported from Korea.
Chery implore not to cease the Russian market, with the someone as saying "the Board will draw close out will be very difficult." Last year, Chery terminals in Russia of 1.2 million entities marketed this year, the matching task in Russia is the least foundation line. Chery is presently the purpose of the work is firm self-confidence in the seller in Russia, and in selling efforts.
Roland believes that Chery assembled in Russia want to draw the lessons of the project, in the hands of the production control of Belarus. It is understood that the Chery projects in Belarus are of great importance to the Government, Belarus Deputy Prime Minister to personally intervene. "China's car prices have suffered setbacks in Russia, an important reason for this is that did not receive the support of the Russian government, and Toyota, GM and other multinational corporations 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 important partner of Russia, which directly involves the political and security of Russia, including Belarus, the CIS countries and Russia have signed a free trade agreement, except for certain commodities, the basic import tariff to zero. Roland said that Chery As for future projects in Belarus, the key depends 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 motor vehicle was virtually fully completed annihilated in Russia, which in addition embraces one of the expansion in 2008 of the Great Wall and other Chinese motor vehicle costs, from this consideration, Chery is a collection of Belarus was no option but to force, but one time this thoroughfare of Belarus had a depart, will give a many impetus to China's motor vehicle costs instance, in rank to retain the Russian market, Chinese enterprises will be more collection in the assembly and fabricate of the Commonwealth of Independent States. - 18424
According to localized newspapers accounts of Russia, Belarus Chery tasks initially designed in April this year, former to finalizing the task are the major contents of automobile manufacturer in Minsk, Belarus set up marking, welding and decorating lines, the whole method of China's Chery Automobile assembly.
Chery beside the commerce said that Chery has all the groundwork work to do a good job and is awaiting the acceptance of the Government of Belarus, the major commerce are preferential assesses and policies.
In item, because of the high-level alertness to the Government of Belarus, the venture quite indecisive prospects. Moreover, in harmony with the Russia and CIS nations noted a free trade accord, assemble Chery motor vehicles in Belarus, as long as the restricted goods produced 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 dejected, and the whole Russian market.
Russian Industry Minister Viktor Khristenko said that Russia in 2009 the entire history of the automobile industry will face on the worst year for car sales is expected to decline more than 60%. The Russian government in December last year when 40 percent expected to decrease. Downturn in the market so that enterprises in the Russian capital the local chain is almost broken and vulnerable. Russian Volga car plant's largest distributor - British克姆拉达Corporation (who) has recently declared bankruptcy.
March 30, Russian Prime Minister Putin of Russia dedicated to the release of four foremost state-owned automobile vegetation gathering, Russian Deputy Prime Minister, applicable ministers, as well as the four foremost state-owned enterprises and Russia - the Volga, Gorky, Kamaz, Sollers's individual in ascribe of all present, the tremendous and unprecedented scale. Russian Prime Minister Vladimir Putin on Russia's biggest vehicle constructor AvtoVAZ administration of constructing businesses and employees that the business and other distinction is that the Volga automobile constructing business did not lay-offs, but this is a exorbitant score.
At the assembly on the long in the past, the Russian government has resolved to an supplemental 10 billion rubles of in the household economic vehicle for government procurement program, very large efforts. "Russian restricted enterprises very large cracks in funding, the Russian Government's stated intent is very apparent, is to support restricted enterprises." Rowland advised reporters, "and these financial gatherings are just the Chinese motor vehicle rivals."
At present, all of the Russian government did not rescue package implemented, originally introduced last year has been planned for March 24 against the implementation of people buy 350,000 Russian rubles preferential loans for the following models, up to now has not happened .
"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 financial endeavour market has become an agreed to item, even by the Russian government greeted the cross-border capital financial endeavour in Russia very very carefully, principally the Japanese auto financial gatherings, for instance, after the Toyota-owned production vegetation in Russia only in 100 million U.S. dollars, which the world at large Toyota apparent 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 situation, the two edges did not recognize the initial investment. At present, TagAZ grave topic of funding string of connections, as asserted by Russian newspapers accounts, the vegetation has been was obliged the bank 6.0 billion Russian rubles southwest of the Russian foreign trade bank, as well as 6.5 billion rubles.
Because of currency shortages, the vegetation or even the matching supplier only, seller of "barter", bonds, allocations, apparatus, wares can be employed for settlement. Because of the deficiency of auto elements suppliers, TagAZ commence goods produced in February from the prevailing goods produced has not entirely recovered. Chery and give the method of assembly, TagAZ in addition forcing their own brand label of motor vehicle C-100, this motor vehicle fittings imported from Korea.
Chery implore not to cease the Russian market, with the someone as saying "the Board will draw close out will be very difficult." Last year, Chery terminals in Russia of 1.2 million entities marketed this year, the matching task in Russia is the least foundation line. Chery is presently the purpose of the work is firm self-confidence in the seller in Russia, and in selling efforts.
Roland believes that Chery assembled in Russia want to draw the lessons of the project, in the hands of the production control of Belarus. It is understood that the Chery projects in Belarus are of great importance to the Government, Belarus Deputy Prime Minister to personally intervene. "China's car prices have suffered setbacks in Russia, an important reason for this is that did not receive the support of the Russian government, and Toyota, GM and other multinational corporations 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 important partner of Russia, which directly involves the political and security of Russia, including Belarus, the CIS countries and Russia have signed a free trade agreement, except for certain commodities, the basic import tariff to zero. Roland said that Chery As for future projects in Belarus, the key depends 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 motor vehicle was virtually fully completed annihilated in Russia, which in addition embraces one of the expansion in 2008 of the Great Wall and other Chinese motor vehicle costs, from this consideration, Chery is a collection of Belarus was no option but to force, but one time this thoroughfare of Belarus had a depart, will give a many impetus to China's motor vehicle costs instance, in rank to retain the Russian market, Chinese enterprises will be more collection in the assembly and fabricate of the Commonwealth of Independent States. - 18424
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