"Big Five" "Chinese" Auto Makers

[Hannah Bell]

#1: FAW Group Corporation, est. 1953 with Russian tech, joint ventures with Toyota, Volkswagen, Audi, Mazda.

#2: Shanghai Automotive Industry Corporation, est. 2004: joint ventures with GM & Volkswagen. With GM, produces China's top-selling car.

#3: DongFeng: est. 1968 (Mao's brainchild). Joint ventures with Peugot/Citroen, Honda, Nissan, Kia, Hyundai.

#4: Chang'an Motors: est. 2001. Joint ventures with Suzuki, Ford, Mazda.

#5: Chery: est. 1997 by Wuhu prefectural gov't. Scheduled for IPO. Initially produced using technology from Ford Europe, GM, Mitsubishi - purchased & pirated. Hired Japanese engineers & other foreign consultants. First Chinese exporter, largest independent in China. Plants in iran, russia, egypt, latin america.



How do "economic miracles" happen? Capital transfer, technology transfer. Global labor arbitrage.

Build one area up, take another down, profit both ways.


Who's the "competition"?

That's the cover story; it's always peasants v. kings.

[Hannah Bell]

1. hey, if you're going to rec, kick too. i'm competing against important stuff like palin's turkeys

& fat people taking two seats in planes.

[Spectral Music]

3. OK

OK

[Hannah Bell]

4. :>)

FAW (#1): First models = Chrysler

[Grey]

2. It's hard to compete with a Turkey,

just ask Barney.

[bluesmail]

5. It's hard to compete with China. n/t

[Hannah Bell]

6. It's hard for labor to compete with corps who are in each other's pockets

& play their respective labor forces against each other.

[SammyWinstonJack]

8. BINGO!

[ColbertWatcher]

7. Tell me what you think of this idea (link inside)

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=7902575&mesg_id=7902575