Wide phenanthrene first new car is not lead ya, total investment amounted to 5 billion

Guangzhou Automobile Group Co (hereinafter referred to as GAC) and Fiat Group Automobile Corporation (hereinafter referred to as Fiat) Changsha in the open area to set up a joint venture Fiat Automobile Limited company (hereinafter referred to as wide Philippines) in March this year has been formally approved by the Ministry of Commerce, wide Philippines progress a concern for the industry. Last week, Shanghai Museum of World Expo in Italy, Guangzhou Philippine board of directors and management staff for the first time in front of the media brief appearance, wide Philippines, vice chairman of Fiat (China) business limited company chairman Meng Feixuan is laughing: “ Guangzhou to what car can give.
The right-hand man with wide Philippines, the reporter was informed that the day before, Fiat JV company was established in March 9th this year, the current work has been scheduled to start. Recently, the joint venture company's board of directors and management team to identify candidates for senior management, shareholders were both from the management of their own in the selection of the right-hand man to join the venture, reflects the great importance of the joint venture.

Take a little time before going to Italy on business, Guangzhou company vice chairman and general manager of Guangzhou Automobile Group Vice Chairman, Qing Hong had revealed Fiat's board of directors and executives told reporters in World Expo Italy museum. According to its introduction, four directors of China Guangzhou sent a joint venture company, in addition to himself, including the deputy general manager, GAC GAC Changfeng general manager Fu Shoujie, deputy general manager of Guangzhou Automobile Group, GAMC general manager Wu Song and executive vice general manager of Fiat joint venture company Jiang Ping; while Fiat directors include Fiat (China) business limited company chairman Meng Feixuan, Fiat international operation PaolinoGagliardo, senior vice president of Fiat Group in charge of quality and manufacturing Stephan senior vice president K etter. In the board of directors of the joint venture company, Ceng Qinghong served as chairman of the board of directors, and Meng Feixuan served as vice chairman. It is reported that Zheng Xiancong, the first general manager of the joint venture company, was Taiwanese, who served as vice president of Fiat China Global Sourcing center. Jiang Ping, deputy general manager of Guangzhou Automobile Group, was appointed the first deputy general manager of the joint venture company, and Jiang Ping also served as deputy general manager of Guangzhou Honda. Originally served as the general manager of the first Fiat JV company highly Chinese Fiat chief representative Arpellino, after the completion of the joint venture company to negotiate the task, have left China was promoted to chief financial officer of global Fiat powertrain technologies.

In addition to Zheng Xiancong and Jiang Ping, Ceng Qinghong also revealed that the company did not set up deputy general manager, belongs to flat management.

“ two (Zheng Hejiang) work 15 hours a day, after visiting the Italy Museum, familiar with the Italy culture, will also fly to Italy. ” a Fiat China insider said the reporter, “ they live in Guangzhou Sophia by agents at the site, stay all day.
Once the management of the Philippines was questioned by the outside world, the management finally released, marking the progress of the project further accelerated.

“ all products will be considered in Fiat's
According to the announcement of the Ministry of Commerce, the total investment of GAC was 5 billion 31 million 700 thousand yuan (5 billion 31 million 700 thousand) RMB, the registered capital was 1 billion 800 million yuan (1 billion 800 million) RMB, and both investors accounted for 50% of the shares. Previously, the Fiat Fiat project in Changsha production base has been officially started construction, covering an area of 700 thousand square meters, with a total investment of 5 billion yuan. The first achievement is that the joint venture company has a capacity of 140 thousand cars and 220 thousand engines per year.

After the establishment of the management, the main consideration is the introduction of models, after the failure of Nanjing Fiat, one of the reasons is the aging of the product, the Philippines will not repeat the same mistake.

The company originally planned to introduce an intermediate model Linea (LED), but has now officially changed into a new intermediate car Fiat C-Medium tailored specifically for the Chinese market. “ the two sides discussed, think that in the beginning of the car should be updated to better models, rather than on the original model of simple improvements, so the new car made a new build. ” Fiat China insiders say.

Analysts said that after the failure of Nanjing Fiat, Philippines is the only opportunity for Fiat to turn over in China, Fiat and GAC will go all out. Even just into the Fiat Group Chrysler can also be included in the Philippine wide, more news that Guangzhou and Chrysler has reached a preliminary cooperation intention, the two sides will cooperate in the production of Jeep in Hunan Changsha Chrysler's models, the first type is Jeep guide.

“ all future Fiat products can be considered; Fiat brands are numerous. ” Meng Feixuan said in fluent Chinese, "“ they were very tired, but the vitality of the Chinese market excited us very much.". ” Ceng Qinghong further adds that, as long as the market is in demand, it can be introduced. It also gives people a lot of imagination