Growing Chinese market
The Present and Future of Automakers in China
The Leading Players In China
Volkswagen
GM
Peugeot
Honda
본문내용
Until the 1970s China had planned economy
Then the government realized that their vehicles were inefficient, unattractive, unreliable
Importing would drain currency reserves
Modernize the automobile industry
Attract foreign direct investment joint venture
Early 1980s to 1990s, many global automakers hesitant to enter China’s automobile industry
Toyota turned down the offer and
established JV with the U.S. instead
Only three companies established JVs
Volkswagen, American Motors, and Peugeot.
Automobile companies faced with crisis due
to recession and overcapacity
940 vehicles out of 1000 residents in the
United States.
In 2006, only 10 vehicles per 1000 residents
in China.
Notable Public Automobile Companies
Shanghai Automotive Industries (SAIB)
- Largest car producer in China
- Partner of both General Motors & Volkswagen
- Bought Nanjing Automobile Company
- Owns 51% stake of SsangYong Motor Company
and some share of Daewoo Motors
First Auto Works (FAW)
- Second largest car maker in China
- Strong government support of FAW cars
- 30 wholly-owned units and 17 holding companies
- Total assets of 117 billion yuan and 129,492 employees
- Partnership deals with Volkswagen, Audi, Mazda and Toyota
The merged American Federation of Labor and Congress of Industrial Organizations. The merger took place in 1955 and gave labor a more unified political stance.미국 노동 총연맹 산업별 회의 - 미국노동연맹과 산업기관회의가 합병된 것. 그 합병은 1955년에 일어났고 노동자에게 더 많은 단일화된 정치적인 입지를 주었다.Agency for international development(AID) - The U.S. agency that is part of the State Department and which is in charge of U.S. aid for foreign countries.국제 개발처 - 국무부 소속과 미국의 대외 원조 계획
the natural rate only at the cost of ever-increasing rates of inflation.가속도 원리 주장자 이론 : 정부가 인플레이션의 증가율을 희생해야 실업률을 자연율이하로 유지할 수 있다고 하는 이론.Acreage allotment : A farm program that sets a limit on the total number of acres that can be placed in production.에이커 할당 : 생산에 쓰일 수 있는 에이커의 총량에 대한 한계를 설정하는 농장 프로그램.administered prices : A term coined by Gardiner Means to describe price inflexibility in concentrated industries. Means labeled
속주의 이론 : 그 정부가 오직 인플레이션의 ever-increasing 비율을 댓가로 정부가 자연적인 비율의 아래에 실업을 유지하기 위해선 오직 인플레이션의 항상 높은 비율을 댓가로 지불해야만 한다고 말한 이론.Acreage allotment : A farm program that sets a limit in the total number of acres that can be placed in production.에이커 할당 : 생산될 수 있는 에이커들의 전체 수에 한계를 정한 프로그램.Administered prices : A term coined by Gardiner Means to describe price inflexibility in concentrated industri
the one word or phrase that best completes the sentence.11. “ What do you think about U.S. ? If I had known it was so industrialized, I come here. ① will never have ② had never③ would never ④ will never⑤ would never have12. The average person expresses himself differently in writing and in speaking. With proper practice the difference can be overcome, and ones writing will be more ① intense ② like his talk③ interesting to read ④ widely known⑤ clear and precise13. I wish you had brought your children with you.Ill get them on the
the newmanager by the end of the day on Tuesday(A) our (B) us(C) we (D) ourselves111. - sales increased significantly this quarter, itwasn’t enough to make up for last quarter’s losses.(A) Nevertheless (B) Although(C) However (D) Whereas102. Anyone who wants additional - on the newprogram should sign up with Sandy in humanresources.(A) instruct (B) instructed(C) instruction (D) instructional112. The management at Ryerson Advertising Agency iseager - steps to increase its competitiveness.(A) take (B) took(C) to take (D) taking103. To enter the lottery, ju
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