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Below are the 4 most recent journal entries recorded in billiewitt25's InsaneJournal:

    Tuesday, December 20th, 2011
    11:59 pm
    Chinese Cars Arrive in America - More to Follow
    Here you can find geely cars.

    When Ford bought this company in 1999 they paid a total of $6 billion, but the sale Volvo Cars to the Zhejiang Geely Holding Group only will get them a entire of $1. 8 thousand. Ford has been divesting itself of numerous car brands lately as the company implements a innovative strategy where it begins to focus more on the company's center brands.

    The brand new Chinese owner of this Volvo brand is expected to build a factory for any company in China. Along with the ever increasing automotive gross sales in China, a Chinese owned Volvo could gain a substantial amount of sales with China. Geely Automotive Possessing, a subsidiary of Zehejiang Geely Holding, is the second largest private auto manufacturer within China (twelfth biggest overall in China) and with Volvo they will now be capable to quickly move into a higher end market segment with the automotive industry within the country. The company is currently making the vast majority of its money on inexpensive compact and subcompact vehicles.

    Geely offers made a promise in Sweden not wearing running shoes will retain the Volvo brand for what it's, and will keep this Volvo cars separate from those already made by Geely Automotive Holding. Many in Sweden are worried about the sale associated with its beloved automotive brand to a Chinese company, but many in China will be proud that a Chinese company is now internet websites such a well identified brand.
    .
    China's a funny place from a Western perspective, the market is far more cost conscious and far less quality inspired. Big Western names have been spanked in the united states by plucky but localized competitors, Google may have officially withdrawn from China over a spat involving censorship nevertheless it wasn't making the inroads against local google search Baidu either. Then ebay came and went after being thoroughly trounced by Taobao.

    And so the big question on everyone's head is; can Geely create a success of selling brand-new cars on Taobao, despite the fact that they've already become enough on the success to Hoover up Volvo this coming year?

    It's a hard one to ponder though; an Internet sales model for manufacturers can be a fine line to hike.

    Probable Problems

    Web Penetration - While virtually every Chinese citizen in an initial tier city has regular Internet access, which has become much less regulated (though users of Internet cafes still have to provide ID try using a connection, anyone with their own personal laptop can connect to wi-fi with no registration in places such as hotels and coffee shops) a sizable chunk of the country still doesn't have a major access to the net.

    Dealers - Using a surplus on forecourts as a result of changes in the country's tax regime this coming year, many dealers are battling to shift large overstocks, how are they going to respond to increased competition from an online presence? More to the issue, how will they respond if Geely begins to pass on savings from using a cheaper sales channel to help customers?
    Instead, a lightweight model costing about $10, 000 may very well be sold, but that doesn't seem to be likely before 2013.
    11:50 pm
    Will the Global Auto Industry Consolidate?
    Here you can find geely cars.
    And don't think to get a moment that this trend will abate. Likely, we'll be hearing of additional mergers, acquisitions and alliances formed in a bid to help companies profit from these changes.

    Marchionne Opines

    According to Sergio Marchionne, chief executive for any Fiat Group and Chrysler Party, LLC, automakers need to provide approximately 5. 5 million cars annually so that you are profitable. That scale of operation happens to be reached by a few companies right now, but as mentioned by The Auto Writer in December 2008, a few changes here or there and you'll enjoy the consolidation Marchionne has envisioned taking place.

    Not all consolidations or collaborations figure out according to plan. Most recently, the Daimler-Chrysler hook up was an abject malfunction not the merger and acquisition originally conceived in 1998.

    Still, that didn't stop Daimler from pursuing a small car alliance with Renault-Nissan, with each company choosing token stakes in each other to seal the deal. Daimler was burned as soon as so don't expect this agreement to travel beyond small car component sharing with perhaps a few commercial vehicles thrown within.

    Emerging Markets

    Around Europe, there are too many manufacturing plants to make a case for production. The strongest increase markets are China, India and Brazil and the wonderful are the places where capacity is being expanded. One only has to look at the major players functioning in each country to realize that the stakes are high. Meanwhile, contraction of sorts is happening in Europe and North America which means that some companies are downsizing, making it more difficult to enable them to go it alone.

    One likely scenario is this: as emerging markets always fuel demand, local manufacturers will always look abroad for alliances. Just as Geely snapped up Volvo, expect other Chinese companies to undertake the same. For several years, China's auto industry has contains local-foreign alliances, perhaps a telling sign of what the rest of the world may soon discover.
    .
    My how the vehicle business has changed since our house had two Volvo dealerships. Sometimes I wish my dad were here just so that i could say "Look only at that! China bought Volvo!! " I waiting to see the look on his face and discuss this remarkable news with him.

    We were among the list of oldest Volvo dealers near your vicinity. My father was part of the early meetings with Volvo when they were looking to establish a presence in the usa. Everyone thought he had been crazy. "Who wants an ugly tank for a car? " As all car companies have their ups and downs in this ever adjusting business climate. Volvo was on top of the world for many years as one of the strongest, best quality together with safest cars available. As a Volvo dealer with a pair of Volvo stores for across 40 years we rode that highs and lows with sales and customer conception, which was on the upside for most of those years. The year before we sold some of our dealership, Volvo was offered to Ford. Slowly, the quality of the cars started to change.

    Do you will have a story to share concerning Volvo?
    11:30 pm
    Geely Cars
    Here you can find geely.
    There has already been speculation that an unnamed buyer in the country is in negotiation for the now defunct Hummer brand and may well resurrect it using metropolis of Dalian (that's pursuing local government investment in large scale auto manufacturing) to spotlight the luxury sector within China.

    There's no doubt that the next year or two will be one of the most interesting periods of this development of China for a major player in the automotive sector not only domestically but also around the globe.
    .
    Volvo is heading eastern to China after user Ford announced that Geely gained pole position in purchasing the struggling manufacturer.

    Ford claimed that despite some work yet to do, the deal is probably finalised in the springtime. Now the green light may be given, the future of Volvo along with the launch of promising upcoming models such as the S60 should 'fingers crossed' get secure.

    Pursuing the well executed sale of Jaguar, Land Rover and Aston Martin, Volvo could be the last of Ford's Top Automotive Group brands to advance on. Despite the sad move across the country, the sale to Geely will offer them a vital foothold inside European market and while some believe china at only great at inventing chopsticks and fireworks, the move will considerably benefit the Chinese corporation as Volvo's research and development expertise and engineering skills is a huge advantage, as its main interests are in improved quality and safety. In their defence the Chinese were renowned for their safety in cars, therefore for Volvo to advance over; it's a very wise move and may possibly no doubt that this is a positive and effective transition, moving Volvo forward to help hopefully drive sales together with generate a generous roi, after years of wallowing in the floundering business.

    Geely may be the largest privately owned car company in China, and contains grown at an astonishing rate since making its first passenger car in August 1998, following the following success, In 1999 it built an additional 2, 000 vehicles and just last year production hit an impressive 300, 000. With statistics boasting such soaring numbers it's only one matter of time just before Geely cracks the European market along with the revived brand. Only time can tell and until then and while knowing Volvo is protected, fellow Swedish firm Saab is still waiting to be hosted a lifeline following Standard Motors plans to wind down the firm.
    .
    The global automotive industry is going through some big modifications with some manufacturers merging whilst some are forging important alliances.

    Becoming Together

    Just last year, Fiat acquired a spot in bankrupt Chrysler while Toyota is constantly on the hold shares of Daihatsu, Subaru together with Mazda. Recently, Daimler agreed to form a small vehicle alliance with Renault-Nissan, again a Franco-Nippon agreement hatched within 1999. Spyker now are the owners of Saab while China's Geely Vehicle is acquiring Volvo.

    What on earth is being conducted with the car industry?

    Consolidation may be the word as rapidly going consumer demand, stressed out economies and too much capacity weigh in. And don't think for a moment that this craze will abate. Likely, we'll be hearing of additional mergers, acquisitions and alliances formed in a bid to help companies cash in on these changes.
    11:19 pm
    Ford to Sell Volvo
    Here you can find geely.
    .
    Ford has been focusing on selling the Volvo name plate as many experts have a money loosing venture for them for a little bit now. They are currently negotiating with U. Ohydrates. based bidders and will work towards narrowing the talks down to one potential buyer. Your Crown Group, which is headed by Michael Dingman, some sort of former Ford director (with 1981 to 2002), his son James Dingman together with Shamel Rushwin, who is a former manufacturing and labor executive for any automaker, is currently a front runner to your purchase of Volvo. Ford has succeeded in being the only major U. S. auto manufacturer containing avoided bankruptcy. They are working on making themselves leaner just by shedding the international luxury lines so as to focus on its own name badge products, believing it's going to again become profitable as a result of 2011.  

    Crown, who entered into dialogue with Ford about two months ago, has offered as few as the two billion Geely Holding Group Co, offered. Volvo haven't lost favor as a brandname, it still has its loyalists nonetheless has a good name, sales have just stalled. This company can and will succeed should it be purchased by a company that enables the people that know Volvo the most effective to do what they will do best. Crown is working towards that goal by looking to attract former Volvo executives as equity partners. Those being coveted include Roger Holtback, who was chief executive officer of the Swedish auto manufacturer inside lat 1980s.  

    Ford is hoping to finish negotiations and conclude a successful sale during this one fourth. They may be narrowing the list of bidders down to one in just a couple of weeks. Geely is currently China's biggest private automaker and they are currently the most likely successful bidder within a bidding war that started more than a year ago. Everyone in Ford, Crown and Geely are now being hush hush about the progress of negotiations and which way they often go. Ford will stay the supplier of engines and other components for Volvo is working the protection involving its intellectual property into the negotiations.

    Ford ought to be very careful about intellectual property but that's pretty difficult. It is possible being so closed mouth about intellectual property that you end up damaging the product together with damaging the relationships while using the auto makers who take over the Volvo nameplate. Still in negotiation could be the responsibilities of liabilities including pensions. This as few as a third of what the automaker taken care of the nameplate ten years ago. Ford had a 'pre-tax' decrease of 231 million in the second quarter compared with 120 million lost in the full year prior. Investors seem to be happy about Ford's selection, as the Ford carries rose. 21 cents to help $7. 05 in composite trading in the New York Stock Change. I'm sure we'll discover some upcoming changes in Volvo following your new ownership takes above and starts investing moneys and ideas from this old standard.
    .
    My how the vehicle business has changed since our house had two Volvo shops. Sometimes I wish my dad were here just so i could say "Look at this! China bought Volvo!!
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