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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Voodoo who wrote (24750)	11/3/2007 10:55:56 AM
From: elmatador	Respond to of 217711

China's own timeline: Create the purchasing power to buy your products. Need to create relationships need to have make your suppliers affluent, else they don't have money to by your stuff. I returned to Nigeria Sept. 04 to Mar. 05. The main street of Kaduna was clogged with knock offs from China. You could not even drive through... I think China will go for cars to Africa. trucks, buses, automobiles... Sell there as a test ground: high temperature. bad roads, no trained mechanics... and from what they learn there attack the rest of the world.

To: Dr. Voodoo who wrote (24750)	11/3/2007 11:11:20 AM
From: elmatador	Respond to of 217711

Tested my assumption: Africa is too poor to be a major market for the world's major automobile companies, but the industry has started noticing a new trend: China's young car companies are aggressively moving into the continent. Chinese car manufacturers roll into Africa with a vengeance Posted Aug 28th 2007 4:00PM by Kevin Shult Filed under: International markets, Industry, Competitive strategy, DaimlerChrysler (DAI), Ford Motor (F), General Motors (GM), China, Toyota Motor Corp. (TM), Tata Mtrs Ltd (TTM) Africa is too poor to be a major market for the world's major automobile companies, but the industry has started noticing a new trend: China's young car companies are aggressively moving into the continent. The majority of people in Africa, especially in the smaller economies like Senegal in West Africa, lack the means to purchase a new Toyota (NYSE: TM), Ford (NYSE: F) or Volkswagen (OTC: VLKAY), according to a story in the Wall Street Journal (subscription required).For years, many Africans purchased used vehicles from developed nations in Europe. Now, Chinese automakers like Great Wall, Chery Automobile and Geely Group are challenging European, Korean, Japanese and American automakers by offering cheaper alternatives in the price-sensitive market. In addition to exporting to Africa, China's car companies are quickly building manufacturing hubs outside their home country. Now other companies are quickly maneuvering to be included in the global market expansion: Japan's Nissan Motor Co (NASDAQ: NSANY) and Renault SA of France are in talks with India's Mahindra & Mahindra Ltd. to develop a car that would cost less than $3,000. Last month, Chrysler (NYSE: DAI) and Chery announced their joint venture to export cars to Latin America and Eastern Europe. India's Tata Motors Ltd. (NYSE: TTM) is also developing a $2,500 car and putting up showrooms across Africa, the WSJ reported. The Detroit News Wire Services reported that General Motors Corp (NYSE: GM) and Malaysia's DRB-Hicom Bhd. agreed to form a manufacturing and distribution joint venture in Malaysia to gain market share in Southeast Asia. In July, the Wall Street Journal said that Ford would invest $930.6 million into Romanian car maker Automobile Craiova if it won the sole bid for a 72.4% stake in the plant. The Romanian government hopes to close the deal by September 1. With the current set of problems between the UAW and American car manufacturers, the recent threats from Ford and General Motors could spur additional joint ventures in foreign lands. Tags: DAI, F, GM, inthenews, NSANY, TM, TTM, VLKAY bloggingstocks.com