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    William Maley

    SAIC Puts Their U.S. Plans On Hold

      SAIC: You know on second thought, we're going to put our plans entering the U.S. on hold

    Chinese automakers see the U.S. as a land opportunity and have been making promises to start selling vehicles in the near future. None so far have made it. Now one Chinese brand is reconsidering their plans.

    SAIC Motor Corp., China's largest automaker and partner with GM, has put their U.S. ambitions on hold. Michael Yang, executive director of SAIC Motor’s international department said at a briefing that they have uncertainties about the trade policy between China and the U.S. due to the election of Donald Trump. Yang went on to say that the company would implement their U.S. strategy once it has gotten clarity. For the time being, SAIC has moved up plans to start selling vehicles in the European Union.

    “Eventually we aim to have all, but at the moment we are focusing on” China and then Europe, Yang said. “The reason is the ‘climate change’ after the new presidency.”

    This contrasts with another Chinese automaker, Guangzhou Automobile Group Co., (GAC) which plans on entering the U.S. by 2019 with their Trumpchi brand. Although there is talk that GAC is considering changing the name of the brand before arriving in the U.S.

    Source: Automotive News (Subscription Required)

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    In the long run, the brand mark will matter a little.  Ultimately the Chinese will probably do what Hyundai/Kia did 25 years ago, which is sell cheap and then build up from there.  How else do you think Toyota and Honda essentially took (a lot of) market leadership from GM starting in the 1980s?  Few people bought a Honda or Toyota back in the '70s but then built the factories here and more and more Baby Boomers went for those cars as time went on over the decades.

    I cannot believe that the Chinese will be successful within five years after they show up in dealerships here.  Europe is an even longer shot because that market is very saturated and sales are slowly sinking as we speak.  Without a proper unique selling point, SAIC and Geely and GAC would be better off selling in China and India for the next decade simply because those markets are growing rather than mature/stagnant.

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    2 hours ago, riviera74 said:

    In the long run, the brand mark will matter a little.  Ultimately the Chinese will probably do what Hyundai/Kia did 25 years ago, which is sell cheap and then build up from there.  How else do you think Toyota and Honda essentially took (a lot of) market leadership from GM starting in the 1980s?  Few people bought a Honda or Toyota back in the '70s but then built the factories here and more and more Baby Boomers went for those cars as time went on over the decades.

    I cannot believe that the Chinese will be successful within five years after they show up in dealerships here.  Europe is an even longer shot because that market is very saturated and sales are slowly sinking as we speak.  Without a proper unique selling point, SAIC and Geely and GAC would be better off selling in China and India for the next decade simply because those markets are growing rather than mature/stagnant.

    I hate to walk this fine line, but this thread tends to force one to acknowledge that there is political ramifications here.

    China just launched their 2nd aircraft carrier. China is at odds with the US unlike Japan and Korea. I think there is concern by Chinese businessmen and possible pressure from their own GOV about expanding into the US. 

    I honestly think many people around the world are holding off to see what all happens in our own country with our own messed up political mess before investing and moving forward.

    Stock markets will take short term gains and then unload to lock in profits, long term is going to be another story and only companies that are already invested with boots on the ground will continue to do business.

    We see American companies pulling out of Russia. 

    This is an interesting time from a business standpoint on how one considers and invests around the world.

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    19 hours ago, dfelt said:

    Trumpchi? I see the lawsuits already on that name. Be interesting to see how many hold off on the US market due to the irrational behavior of our current government.

    We are not acting like adults at all as a country, and it is not just political. Everyone (population at large, generalization) wants to pay other people 28 cents an hour for their labor and get paid $28 an hour with 3 weeks vacation and no cost health insurance for theirs. 

    Shopping at Walmart and buying cheap Chinese junk is a form of abdication and giving up as an American...I want no part of it.  I ahve gotten rid of my Asian cheap imported machines (most of them anyways) in my home woodworking shop, and replaced them with older American made Iron...tools work much better, and I am not shipping jobs overseas.

    ...but everything seems to be getting less and less rational with our society.  It will not end well for the Untied States, sadly...

    Also, I try to deal with small independent American businesses every chance I get, or at least highly ethical larger businesses.  Two that I really like are Whiteside (100% American made Router bits, wood shaping tools, etc) and Sierra Nevada (Brewer, very good beer, especially the stout).

    Both Whiteside and Sierra Nevada ahve awesome corporate ethics IMHO!

    The most patriotic thing we can do right now is demonstrate individual responsibility.

    Edited by A Horse With No Name
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    17 hours ago, riviera74 said:

    In the long run, the brand mark will matter a little.  Ultimately the Chinese will probably do what Hyundai/Kia did 25 years ago, which is sell cheap and then build up from there.  How else do you think Toyota and Honda essentially took (a lot of) market leadership from GM starting in the 1980s?  Few people bought a Honda or Toyota back in the '70s but then built the factories here and more and more Baby Boomers went for those cars as time went on over the decades.

    I cannot believe that the Chinese will be successful within five years after they show up in dealerships here.  Europe is an even longer shot because that market is very saturated and sales are slowly sinking as we speak.  Without a proper unique selling point, SAIC and Geely and GAC would be better off selling in China and India for the next decade simply because those markets are growing rather than mature/stagnant.

    I can agree with this to an extent...the problem is that China is building better and better stuff that is much more able to directly compete with items made elsewhere. Since they have lower labor costs and fewer environmental regulations, at some point consumer demand will drive the rise of Chinese products.

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    46 minutes ago, A Horse With No Name said:

    I can agree with this to an extent...the problem is that China is building better and better stuff that is much more able to directly compete with items made elsewhere. Since they have lower labor costs and fewer environmental regulations, at some point consumer demand will drive the rise of Chinese products.

    True will drive it till they reach a point of either killing their own population due to pollution or they wake up and start fixing the problems. Seems fixing is their focus based on their very strong hybrid/ev policy for auto's starting next year.

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    31 minutes ago, dfelt said:

    True will drive it till they reach a point of either killing their own population to do pollution or they wake up and start fixing the problems. Seems fixing is their focus based on their very strong hybrid/ev policy for auto's starting next year.

    ...and Solar and a bunch of other issues.  China lacks the freedoms we do, but at least they seem to be governed by actual adults.

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    2 minutes ago, A Horse With No Name said:

    ...and Solar and a bunch of other issues.  China lacks the freedoms we do, but at least they seem to be governed by actual adults.

    Yup, guess some places have to have adults in control, many places around the world are clearly lacking in that area.

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    10 minutes ago, dfelt said:

    Yup, guess some places have to have adults in control, many places around the world are clearly lacking in that area.

    Somalia and Eritrea would come to mind...not exactly countries I would like to imitate.

    Edited by A Horse With No Name
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    35 minutes ago, A Horse With No Name said:

    Somalia and Eritrea would come to mind...not exactly countries I would like to imitate.

    Yet the flip side of the issue here is that China owns one of the two big bus companies in California that is building pure battery EV Buses that we will see all over the road later this year and especially next year. You would think that if the Chinese auto companies are flush with cash and have a solid product, why not come to the US compared to Europe. Going into Europe as they are in a depression and clearly have excessive capacity makes no sense to me.

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    2 minutes ago, dfelt said:

    Yet the flip side of the issue here is that China owns one of the two big bus companies in California that is building pure battery EV Buses that we will see all over the road later this year and especially next year. You would think that if the Chinese auto companies are flush with cash and have a solid product, why not come to the US compared to Europe. Going into Europe as they are in a depression and clearly have excessive capacity makes no sense to me.

    It makes sense to me, they want world domination...and they will be smart about it.  Their culture goes back several thousand years to our three hundred.  All of our political and social developments in this country pretty much point to vandals at the gate, methinks.

    Also, pure battery EV buses seem to make an infinite amount of sense.  Low pollution in cities, limited mileage as they start and stop frequently, regenerate braking, lower maintenance, will satisfy the political proclivities of people who live in cities and ride them.

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    Oh, no!!!

     

    In all seriousness, even if they do make it over here, I think the market is too big and too far gone for them to ever catch on. The market is already oversaturated and brands that actually have a buyer base and good reputation are having it tough- just look at Mazda.

    We are at a point where the car industry is going to start getting smaller with less models and less MFR's, not more.

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    Pricing and warranty would be crucial....there will always be buyers looking for the cheapest new car, regardless of brand..think of the early days of Hyundai and Kia...cheap mediocre cars that sold on price and warranty..  maybe one of them could get in the market by pairing up w/ Costco or Wal-Mart and peddle the cars through their big box stores...

     

     

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    54 minutes ago, Frisky Dingo said:

    Oh, no!!!

     

    In all seriousness, even if they do make it over here, I think the market is too big and too far gone for them to ever catch on. The market is already oversaturated and brands that actually have a buyer base and good reputation are having it tough- just look at Mazda.

    We are at a point where the car industry is going to start getting smaller with less models and less MFR's, not more.

    Mazda is trying to sell a premium small car at a premium price. The
    Chinese will come in at the other end of things..

    16 minutes ago, Cubical-aka-Moltar said:

    Pricing and warranty would be crucial....there will always be buyers looking for the cheapest new car, regardless of brand..think of the early days of Hyundai and Kia...cheap mediocre cars that sold on price and warranty..  maybe one of them could get in the market by pairing up w/ Costco or Wal-Mart and peddle the cars through their big box stores...

     

     

    It is inevitable that they wind up in this market, i think.

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    25 minutes ago, Cubical-aka-Moltar said:

    Pricing and warranty would be crucial....there will always be buyers looking for the cheapest new car, regardless of brand..think of the early days of Hyundai and Kia...cheap mediocre cars that sold on price and warranty..  maybe one of them could get in the market by pairing up w/ Costco or Wal-Mart and peddle the cars through their big box stores...

    Exactly as to why Drew did that thread on Costco Auto Line. Kirkland Signature Autos if memory serves me correct.

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      Proven services like the flexible PIVOTAL subscription model (which has grown 750% during the fiscal year), born out of Jaguar Land Rover’s incubator and investor arm, InMotion, will now be rolled out to other markets following a successful launch in the UK.
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      Reimagine is designed to deliver simplification too. By consolidating the number of platforms and models being produced per plant, the company will be able to establish new benchmark standards in efficient scale and quality for the luxury sector. Such an approach will help rationalise sourcing and accelerate investments in local circular economy supply chains.
      From a core manufacturing perspective that means Jaguar Land Rover will retain its plant and assembly facilities in the home UK market and around the world. As well as being the manufacturer of the MLA architecture, Solihull, West Midlands will also be the home to the future advanced Jaguar pure electric platform. 
      Key partners including Trade Unions, retailers and those in the supply chain will continue to play a vital part of the extended new Jaguar Land Rover ecosystem and its journey towards reimagining the future of modern luxury.
      ReFocus to a more agile operation
      As evidenced with the latest financial results, Jaguar Land Rover has a strong foundation on which to build a sustainable and resilient business for its customers and their communities, partners, employees, shareholders and the environment.
      Driving this transformation is the recently launched Refocus programme, by consolidating existing initiatives like Charge+ with new cross-functional activities.
      Reimagine will see Jaguar Land Rover right-size, repurpose and reorganise into a more agile operation. The creation of a flatter structure is designed to empower employees to create and deliver at speed and with clear purpose.
      To accelerate this efficiency of focus, the company will substantially reduce and rationalise its non-manufacturing infrastructure in the UK. Gaydon will become the symbol of this effort – the ‘reactor’ of the business - with the Executive Team and other management functions moving into the one location to aid frictionless cooperation and agile decision-making.  
      Leapfrog to leadership with Tata Group
      In order to realise its vision of modern luxury mobility with confidence, the company will curate closer collaboration and knowledge-sharing with Tata Group companies to enhance sustainability and reduce emissions as well as sharing best practice in next-generation technology, data and software development leadership. Jaguar Land Rover has been a wholly-owned subsidiary of Tata Motors, in which Tata Sons is the largest shareholder, since 2008.
      “We have so many ingredients from within. It is a unique opportunity,” said Mr Bolloré. “Others have to rely solely on external partnerships and compromise, but we have frictionless access that will allow us to lean forward with confidence and at speed.”
      Bringing all these ingredients together, Jaguar Land Rover is on a path towards double-digit EBIT margins and positive cash flow, with an ambition to achieve positive cash net-of-debt by 2025. 
      Ultimately, Jaguar Land Rover aims to be one of the most profitable luxury manufacturers in the world.
      Mr N Chandrasekaran, Chairman of Tata Sons, Tata Motors and Jaguar Land Rover Automotive plc commented: “The Reimagine strategy takes Jaguar Land Rover on a significant path of acceleration in harmony with the vision and sustainability priorities of the wider Tata Group. Together, we will help Jaguar realise its potential, reinforce Land Rover’s timeless appeal and collectively become a symbol of a truly responsible business for its customers, society and the planet.”
      Mr Bolloré concluded: “As a human-centred company, we can, and will, move much faster and with clear purpose of not just reimagining modern luxury but defining it for two distinct brands. Brands that present emotionally unique designs, pieces of art if you like, but all with connected technologies and responsible materials that collectively set new standards in ownership. We are reimagining a new modern luxury by design.”
    • By William Maley
      Yesterday, Fiat Chrysler Automobiles and Groupe PSA officially merged to become Stellantis, the fourth-largest automaker in the world. But this merge has produced some consequences that need to be addressed. One of those being Peugeot's re-entry back in to the U.S.
      “We were last speaking about [Peugeot’s U.S. re-entry] a year and a half ago, before Stellantis. We can’t not take into account that in the coming days Peugeot will be part of this new world. I imagine in the coming months due to the new strategy we will have to adapt and reconsider all elements, including this one,” said Peugeot CEO Jean-Philippe Imparato to Automotive News.
      A key reason for this reconsideration not wanting overlap brands in the U.S.
      This is a polar opposite to comments made last year by Larry Dominique, CEO of PSA North America.
      Imparto's focus for Peugeot in the near future is concentrating on its core markets - Europe, the Middle East, Africa, and Latin America. There are also plans to get the brand back on track in China. As for the U.S., Imparto said it was "still on the table" down the road.
      Source: Automotive News (Subscription Required)

      View full article
    • By William Maley
      Yesterday, Fiat Chrysler Automobiles and Groupe PSA officially merged to become Stellantis, the fourth-largest automaker in the world. But this merge has produced some consequences that need to be addressed. One of those being Peugeot's re-entry back in to the U.S.
      “We were last speaking about [Peugeot’s U.S. re-entry] a year and a half ago, before Stellantis. We can’t not take into account that in the coming days Peugeot will be part of this new world. I imagine in the coming months due to the new strategy we will have to adapt and reconsider all elements, including this one,” said Peugeot CEO Jean-Philippe Imparato to Automotive News.
      A key reason for this reconsideration not wanting overlap brands in the U.S.
      This is a polar opposite to comments made last year by Larry Dominique, CEO of PSA North America.
      Imparto's focus for Peugeot in the near future is concentrating on its core markets - Europe, the Middle East, Africa, and Latin America. There are also plans to get the brand back on track in China. As for the U.S., Imparto said it was "still on the table" down the road.
      Source: Automotive News (Subscription Required)
    • By William Maley
      It has been some time since we last reported on PSA Group's plan to re-enter the U.S. When we last checked in, Peugeot was chosen as the brand to be entering the U.S. by 2023 and rumors were swirling about a possible merger between PSA Group and FCA. A lot has changed since then as the two automakers begin to finalize plans for a merger, and the COVID-19 pandemic has no end in sight in the U.S. What does that mean for Peugeot's return to the U.S.?
      "My role is to grow the PSA business in North America, growing our mobility capability and preparing for the launch of Peugeot." said Larry Dominique, CEO of PSA North America to Automotive News.
      "From our standpoint, we're planning as if [the merger] doesn't exist. We're marching forward as if PSA was going to be there by themselves."
      Dominique is right now focused on the present with the top priority being building out a dealer network for both U.S. and Canada before the launch. He explained that the company is planning a two-prong approach, having franchised dealers and online retailing.
      "The future success for OEMs is the reduction of distribution costs while ensuring both retail and OEM margin sustainability. This has to be done through strong pricing power, not volume turnover," he said.
      Part of this is due to COVID-19 pandemic which has many automakers rethinking how they sell vehicles, something Dominique admits is a big challenge.
      "All my competitors are going to be focusing on digital, which means we have to step up our game and deliver an even stronger customer experience when we launch Peugeot in North America. We need to get out of an environment where the retailers are dependent upon just F&I and service to pay their bills."
      Another challenge facing Dominique, what models to sell in the U.S. The market has changed a lot since PSA Group announced its intentions to re-enter the U.S. Consumers now are focused on trucks and crossovers.
      "I don't have a full-sized truck,. But the C and D segments are what's relevant to us. The C and D segments are high volume and important to North America. That's where we're going to focus initially,"
      To us, this hints at the 3008 and 5008 crossovers being some of the first models to be available.
      Source: Automotive News (Subscription Required)

      View full article
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