Signing agreement with Dongfeng soon
After Southeast Motor’s passenger car segment was placed under Dongfeng’s own plate, the signs of Fuqi turning to the commercial vehicle segment have become apparent.
Among them, Golden Dragon Motors ranked first in the six listed companies for bus companies based on operating revenue in the first half of this year. Some analysts believe that Dongfeng has an advantage in the truck field while passenger buses are weak. Golden Dragon Motor can not only fill this gap, but also add strength to the production and sales of 1 million commercial vehicles in the “Dry†D300 program.
Golden Dragon Bus is operating better in Fuqi Group
“Xinlongma is a newly-established mini vehicle production company. At present, both parties (Dongfeng and Fuqi) also discuss the future cooperation between the company and Dongfeng Xiaokang (Dongfeng mini vehicle manufacturer).†Mercedes-Benz Fujian, which has high-end business and low performance, is a test against the east wind that has never been involved in this field.
In addition to the passenger car segment, Mitsubishi's stay is also a problem. It is reported that Mitsubishi not only occupies 25% of the shares in the Southeast Motor, but is also the exporter of the core technology of Southeast Automotive. The Dongfeng insiders frankly stated that since the core technologies of the Southeastern models are all derived from Mitsubishi, Southeast Motor will face a period of “vacuum†on the technical level once Mitsubishi is withdrawn (the Dongfeng is also difficult to intervene in the short term).
However, after Mitsubishi decided to establish a joint venture with Guangzhou Automobile, Mitsubishi will not introduce new products into the southeast (new products have also been changed mainly), and the sales volume is in a serious downward trend. It seems to be a matter of course that the retiring shareholder South is just a matter of how to withdraw.
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