Tag Archives: chinese industrial policy

GM and SAIC to Develop New Electric Vehicle in China with U.S. Taxpayer Supported GM’s EV Knowledge and Technology

Posted on 20 September 2011 by Ken Zino

“The policy is not written, but the pressure is real,” said Mike Dunne in an interview with AutoInformed. “All the western automakers have the same story – GM, Volkswagen, Ford – all have now reluctantly agreed to do so as a condition of further market expansion.” Continue reading →

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GM Board Meets in China. New Investment Coming Tomorrow?

Posted on 19 September 2011 by Ken Zino

At about the same time the UAW reveals details of its new contract with GM tomorrow U.S. media, General Motors Vice Chairman Steve Girsky will be holding a conference call for media from Shanghai.

The latest communication from GM will likely detail plans for further job creation via new investment in China, GM’s and the world’s largest automarket. Continue reading →

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Chinese Government Approves Two VW Joint Venture Plants

Posted on 29 June 2011 by Ken Zino

VW is in the midst of an ambitious expansion designed to make it the world’s largest automaker surpassing General Motors and Toyota by 2018. The new VW JV plants at Foshan and Yizheng in the world’s largest car market are key to this expansion strategy. Continue reading →

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Great Leap Forward! GM China Announces Five Year Plan to Double Sales by Introducing 60 New and Upgraded Models

Posted on 18 April 2011 by Ken Zino

In fact, due to a job creating industrial policy dictated by the Communist Chinese government, China is actually benefitting from leverage as all western automakers must establish joint ventures with local Chinese companies – some of them former munitions makers and military suppliers – in order to gain access to the lucrative market. Continue reading →

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Ford to Build a Second Engine Plant in China

Posted on 2 November 2010 by Ken Zino

Ford Motor Company and its government dictated partners are building new engine plant in China that is due to open in 2013. With the additional capacity of 400,000 units at the new facility, Ford’s joint venture, Changan Ford Mazda Automobile Ltd (CFMA) is more than doubling its existing engine capacity of 350,000, to 750,000 engines annually.

China is now by far the world’s largest auto market, and Chinese industrial policy in effect requires that all profits earned there are reinvested in the country and its local partners. The U.S. remains alone among industrialized nations – with elected or totalitarian governments – without any such job and investment protecting policy.    Continue reading →

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