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

  Home>News Center>Bizchina>Business
       
 

Auto-parts supplier to quadruple China sales
By Xiao Xie (China Daily)
Updated: 2004-06-11 08:54

World-leading automotive parts and components supplier Robert Bosch GmbH plans to cash in on China's fast-growing auto sector by quadrupling its sales in the nation by 2012.

The company plans to lift its sales to 5 billion euros (US$6 billion) by 2012 from last year's 1.3 billion euro (US$1.56 billion).

Bosch will expand its existing production facility, build new factories and seek acquisition and merge opportunities to help it meet this ambitious target, said Peter Pang, president of Bosch (China) Investment Ltd.

"We want to maintain our leadership in the industry," said Pang.

Bosch announced that it will establish a joint venture in Wuxi in East China's Jiangsu Province to produce common rail systems - a diesel fuel injection system in auto engines - for local Chinese customers, an important aspect of its expansion plans.

The project, which awaits government approval, will be the firm's largest overseas investment, totalling 411 million euros (US$493 million).

Production of the joint venture is due to start this summer.

Bosch Group holds a 67 per cent share in the venture, with the Wuxi Weifu Group taking the remaining 33 per cent.

Bosch also plans to establish a 50 million euro (US$60 million) technical centre in Wuxi by 2005.

"Our partnership with Wuxi Weifu is yet another exciting opportunity for Bosch to further extend its leadership in the China market through expansion of our production capabilities for providing the efficient and clean diesel technologies," said Christoph Kirsch, general manager of Bosch Automotive Diesel Systems Co Ltd.

Kirsch said China's automobile market presents huge opportunities for Bosch's expansion in China.

Huge growth potential exists for auto firm's investing in China, as the nation's average car ownership is 0.5 per 100 people, as compared with 55 in Germany and 80 in the United States.

Bosch has three main business divisions in China - customer/building technology, industrial technology and automotive technology. The automotive business accounts for more than half of the company's total revenue in China.

The company will increase its exports by expanding its production capacity to take the advantage of China's lower labour costs, according to Pang.

"We have strong plan for export," said Pang. "But we are now too busy to meet domestic demand."

Bosch also plans to expand its auto service network and has also launched a campaign to expand the Bosch Car Service (BCS) network which aims to set up 200 new service stations throughout China by the end of this year.

Bosch plans a massive rise in the number of Bosch Car Service network from the current 160 to 1,500 by 2013.



 
  Story Tools  
   
  Related Stories  
   
Auto R&D centre to set up in Shenzhen
   
New auto policy big leap forward
   
DaimlerChrysler to invest 1b euros in China
   
Carmakers hold high hopes for Beijing show
Manufacturers, Exporters, Wholesalers - Global trade starts here.

 

Advertisement
         
主站蜘蛛池模板: 91精品久久久久久粉嫩 | 偷自在线 | 黄色成人在线播放 | 国产一二区在线观看 | 精品久久久中文字幕 | 91免费高清视频 | 一区二区三区少妇 | 精品资源成人 | 亚洲精品1区2区 | 屁屁影院国产第一页 | 日本亚洲欧美在线 | 日韩在线一 | 亚洲天堂一区在线观看 | 国产高清一区 | 色婷五月| 亚洲丝袜综合 | 黄色免费网站视频 | 成人午夜视频在线观看 | 黄色黄色片 | 亚洲一区在线看 | 91亚洲在线 | 欧美性猛交bbbbb精品 | av中文资源在线 | 国产精品999 | 91精品国产91久久久久青草 | 成人一级片| 国产精品不雅视频 | 久久精品区 | 亚洲第一视频在线 | 天天操天天干天天操天天干 | 一区二区在线免费观看视频 | 国产成人精品视频在线观看 | 亚洲精品自拍偷拍 | 久久久久久久一区二区三区 | 久久av一区二区 | 老汉色av | 日韩天天干 | 欧美在线视频一区 | 五月婷婷丁香 | 91裸体视频 | 日韩精品在线观看视频 |