SAIC's equity cooperation hopes
With the deepening of the cooperation in the Yangtze River Delta, SAIC and the Nanjing Automobile Group are also involved in the whirlpool. The news of the cooperation between SAIC Group and Nanjing Automobile Group has been buzzing, but SAIC Motor and SAIC have not publicly disclosed the news.
Yesterday, the Shanghai Securities News learned that SAIC Motor’s hopes for equity cooperation with the Nanjing Automobile Group are bleak. Previously, it was said that the engine technology was not established in SAIC's two resources, namely the international brand and engine technology. In the self-owned brand building of SAIC and SAIC, SAIC Group has taken advantage of engine technology. The engine is the heart of the car. Mastering engine technology is the most important part of making a car.
"The only thing SAIC Motor lacks is an internationalized brand, but Nanjing Automobile Group currently owns MG, an international brand that has advantages and disadvantages for SAIC Group." People familiar with SAIC Group stated that "MG is indeed an international brand, but it is too narrow. Public; Its value is lower than Rover's value. Even if it is compared with SAIC Group's new creation of an international brand, it is difficult to distinguish."
As for the SAIC Group's attention to the engine technology of the Nanjing Automobile Group, it intends to cooperate with the Nanjing Automobile Group. This argument is ridiculed in the industry as nonsense.
"The engines on SAIC Roewe are more advanced than those of the original MG Rover, with a power increase of 5 kilowatts and an increase in emissions from Euro II to Euro IV. In addition, the existing engine technology is more flexible and lean from the production point of view. The principle of chemical production. The improved engine production technology will help SAIC Motor to produce different types of products at the same time in the assembly line." SAIC Motor insiders said.
As early as SAIC Group spent 67 million pounds to buy Rover's core intellectual property Rover's 25-type sedan, 75-type sedan, K-series gasoline engine and L-series diesel engine technology intellectual property, began to operate the engine project.
In April 2006, the original Shanghai Happy Motorcycle Factory in Baoshan District was renamed SAIC Motor Engine Factory. The original Rover Powertrain Director Steven Pitt was appointed as Deputy Director of SAIC Automotive Engine Factory, and the frequency was changed from that of the former Shanghai Shenwo Executive Deputy General Manager. Fang Jie, general manager of the original happiness motorcycle factory, was responsible for the engine project. In addition, SAIC Motor Engine Factory also cooperates with Italy's advanced engine planning company, which is responsible for engine planning and design.
When SAIC Motor's engine rolled down the assembly line, many car companies targeted the engine. Dongfeng Liuqi decided to purchase SAIC Engine to be fitted on its new car B11.
Compared to SAIC Motor’s engine process, Nanjing Automobile Group, which acquired engine production equipment of the original Rover Powertrain, has made slow progress. It is understood that as the original Rover's engine production is highly rigid and is not suitable for flexible production, it has affected the smooth production of the NAC MG project.
In June of this year, during the annual meeting of the China Automotive Engineering Association, when an automotive expert from Beijing visited the production line of Nanchi MG, he publicly pointed out the inadequacies of the MG. The relevant persons of the Nanjing Automobile Group also admitted that the engine and assembly of the NAC MG.
"The engine of SAIC Group is not insufficient for outside production. With the smooth start-up of the new construction project, it is expected that the demand will be met in the future," said a related person of SAIC Motor.
It is understood that the current planned production capacity of SAIC Motor's Baoshan Engine Plant is 120,000 units, while the planned production capacity of the newly-built engine base is 150,000 units. By 2010, SAIC Motor’s two engine bases will have a capacity of 300,000 units. According to SAIC Motor’s plan, the production of 200,000 complete vehicles will be achieved in 2010. As a result, SAIC Motor’s two engine bases, in addition to supplying its own brand needs, have an additional 100,000 units available for other automotive companies.
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