日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

  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中文字幕在线观看 | 91精品一区二区三区久久久久久 | 视频一区二区三区四区五区 | 猛草视频 | 能看的av网站 | 日韩一区二区三区四区五区 | 免费人成年短视频在线观看免费网站 | 欧美一区在线观看视频 | 久久精品视频在线看99 | 国产亚洲视频在线 | 九九热综合 | 碰碰碰精品视频在线观看 | 99久在线视频| 国内精品视频九九九九 | 91福利免费观看 | 国产色 | 久久伊人中文字幕有码 | 视频在线观看一区二区 | 777色狠狠一区二区三区香蕉 | 欧美人两个人激情的免费视频 | 国产福利资源在线 | 久久精品国产一区二区三区不卡 | 超碰97青青草 | 久久综合成人网 | 亚洲youjizz| 97精品一区二区 | 亚洲精品午夜国产va久久成人 | 国产在线日韩在线 | 亚洲精品成A人在线观看拍拍拍 | 国产成人综合网 | 久久综合久色欧美综合狠狠 | 亚洲成人偷拍 | www色网站| 欧美精品久久久久久久免费观看 | 91福利免费观看 | 欧美激情五月 | 久久久无码精品亚洲日韩按摩 | 日韩网红少妇无码视频香港 | 日韩久久一区 | 李旭个人资料及简介 | 成人欧美网站免费 |