日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Cars

Auto JVs to benefit from cheap EU imports

By Liza Lin (China Daily)
Updated: 2010-05-27 09:46
Large Medium Small

SINGAPORE - PSA Peugeot Citroen and Volkswagen AG's joint ventures in China will benefit as a weaker euro reduces the cost of components imported from Europe, Nomura Holdings Inc analysts said.

Dongfeng PSA, a partnership between France's Peugeot and Hubei-based Dongfeng Motor Group Co, will be the biggest beneficiary, Hou Yankun, an analyst at Nomura, said on Tuesday. A 15 percent drop in the euro may boost earnings at Dongfeng PSA by as much as 5 percent or 250 million yuan ($36.6 million), Hou and fellow analyst Xu Ming wrote in a report this week.

For European carmakers in China, the world's largest auto market, "the import of components from their home countries is one way to make profit", Hou, based in Hong Kong, said.

Related readings:
Auto JVs to benefit from cheap EU imports Peugeot Citroen looks to new liaison
Auto JVs to benefit from cheap EU imports Peugeot to build 3rd China plant
Auto JVs to benefit from cheap EU imports Peugeot-Citroen mulls JV with Chang'an Auto
Auto JVs to benefit from cheap EU imports Peugeot, Changan in JV deal

The euro has declined 14 percent against the US dollar this year on concern that a government debt crisis may spread from Greece, and reached a four-year low against at $1.214 on May 19. The currency's decline increases the competitiveness of Europe's carmakers and auto parts suppliers in China, where the yuan has been pegged at about 6.83 to the US dollar for almost two years. China is also under pressure to revalue its currency.

European auto joint ventures in China rely on imported car parts more than the industry average, Hou said. "China still doesn't have the economical scale to produce high-tech components," he said.

Peugeot added 40 cents, or 2.2 percent, to 18.48 euros at 9:07 am in Paris trading. Volkswagen rose 40 cents, or 0.6 percent, to 66.52 euros on the Frankfurt exchange.

Bloomberg News

 

主站蜘蛛池模板: 2019中文字幕在线视频 | 久久精品大片 | 国产剧情自拍 | 午夜精品久久久久久久久久久久 | 女教师淫辱の教室蜜臀av软件 | 久久99这里只有精品 | 国产精品探花视频 | 一级片在线免费播放 | 午夜激情久久 | 在线免费观看国产精品 | 热久久av | 日韩免费视频网站 | 国产欧美在线播放 | 久久久久久久久久国产精品 | 激情婷婷六月天 | 久久久久麻豆v国产精华液好用吗 | 国产麻豆精品在线观看 | a在线播放 | 亚洲一级生活片 | 成人久久网站 | 91久久精品视频 | 久久久资源 | 亚洲国产欧美视频 | 欧美精品久久久久久久久久 | av在线首页 | 99视频这里有精品 | 国产女人呻吟高潮抽搐声 | 国产内射毛片 | 黄色网久久 | a级片在线看 | 青春草在线播放 | 国产高清欧美 | 婷婷五月小说 | 国产福利视频 | 爆操少妇| 国产一区二区三区免费看 | 日韩视频一 | 免费视频久久 | 国产有码在线 | 久久这里只有精品99 | 日本三级视频在线观看 |