April 19 Xinhua China — Chongqing Chang’an Automobile Co., Ltd. (000625. SZ: Quote) (200625. SZ: Quote) said Sunday, Chang’an Automobile overseas will substantially realize the approach of endorsing the internationalization method, through a succession of fusions and acquisitions restructuring pursuits to realise the worldwide expansion.

Xu, chairman of the company to remain flat in the 13th Shanghai International Auto Show held in front of a press conference that “the financial crisis period, to expand overseas and it is possible that an important opportunity.” However, he did not disclose the specific objectives of overseas mergers and acquisitions.

When requested for the acquisition of Ford (F. N: Quote) if there’s interest in Volvo, said Xu Ping, presently nothing less knowledge could be disclosed.

Chang’an Automobile, said a press release provided, to 2012, Changan will invest 20 billion yuan R & D and manufacturing base for the construction of the engine, the Ford Motor Company is the U.S. partner of China.

The financial gathering in addition said that the January to March this year, Changan marketed 306,500 vehicles, an advance of 13%. The third quarter of 2009, Chang’an Hybrid will commence sales for separate someone users, strategies in the next two years, the realization of hybrid sort have been 10,000 sales.

China Association of Automobile Manufacturers issued after facts and numbers displayed China’s vehicle sales in March the general 1,109,800, an boost of 5.01%, of which traveller vehicle sales in March furthermore strike 772,400 of the all-time high, an boost of 10.26 per hundred, in February than the 607,300 than the development of Central 27.2%.

Chang’an Automobile A allocations Friday blocked at 7.64 yuan, or 0.23 yuan, or 2.92 percent.

Xu Ping said, “We are actively doing M & A activities at home and abroad, but which, because the talks have not, so there is nothing I can say.”

He trusts that a fiscal critical purpose if it carried on longer, some European and American automakers plunged, joining and reorganization, the bigger the prospect of contraction, but the Chinese automobile enterprises do not have much consequence, but for the Chinese enterprises to move into the motor vehicle give more possibilities for the global market.

He sharp out that the Chang’an Automobile vegetation in Mexico from the viewpoint of the entire of the North American market in alignment to give better play to the effectiveness of the constructing base.

In February this year, Chang’an Automobile AUTOPARK and Mexico marked a structure junction project affirmation to set up manufacturers in Mexico, which Chang’s sixth overseas plant.

Ping Xu in addition said that Changan to strategic support and connection endeavour partners to carry on to increase the extent down the stage of support, the connection endeavour to do a good job and realise their own brand labels and connection coordination of universal development of the brand.

Changan Ford Mazda Automobile Co., Ltd. by the Chang’an Automobile (000625. SZ: Quote) (200625. SZ: Quote), Ford (F. N: Quote) and Mazda (7261. T: Quote) a tripartite connection endeavour, the three parties each 50%, 35% and 15% equity. The company’s 2008 sales of commuter motor vehicles in China, positioned No. 10 industries.

The Chang’an Automobile, Shanghai Auto will launch Cheung Yuet Cheung HS, Alto and other new types as well as the number of unconnected R & D engine.

** In rank to micro-oriented, car-based **

Xu Ping, introduced in the Chang’an Automobile sales in the first quarter, small displacement vehicles of relatively rapid growth, including micro-cars increased more than 40%, reflecting the revitalization of the national industrial policy impact on the market, but also the layout of the company ahead of time to open up the results of micro-car market .

He sharp out that round the next three years Changan will adhere to the “micro-oriented, car-oriented” development scheme to farther boost the micro-car R & D, expansion efforts, especially in the building of trading passages and systems to elaborate to country areas.

Bao-Lin Zhang, general supervisor of Changan Automobile said that the next 3-5 years, Changan will launch 10 own emblem vehicles, five micro-car emblem, with the aim of self-brand vehicles to go in the peak three in the Chinese market.

The company’s press release also pointed out that in 2012 plans to achieve annual sales of motor vehicles for more than two million, the market share of around 15%, of which micro-car to reach about one million cars reached 800,000, about 12% market share .

Ping Xu in addition said that Chang will carry on to endorse the new vitality vehicle development and the conventional propelling force for motor vehicle upgrades, the next five years, hybrid, wholesome electrical vehicles is the purpose of strategic investment.

Deputy General Manager of Changan Automobile said the Ministry of Finance with the introduction of new vitality vehicles funding guideline, which is looked frontwards to to have 1,000 next year will be the size of Changan hybrid vehicles in 13 greatest habitation through the nation investigate run. With the expansion of goods produced and sales, new vitality, motor vehicle goods produced and will slowly lessen the acquisition cost.

China’s Ministry of Finance said previous, the centered government on the buy of energy-saving and new power vehicle by alike vehicle founded on the customary mail, will give due concern to the dimensions of the effect of components for example technological improvement to give a one-time repaired subsidies. Of traveller vehicles and lightweight financial vehicles, hybrid vehicles founded on hybrid and fuel finances is split up into 5 documents, the greatest grant for each 50,000 yuan; untainted electric driven vehicles per 60,000 yuan of subsidies; grants for fuel cell vehicles per 250,000 million.

April 19 Xinhua China — Chongqing Chang’an Automobile Co., Ltd. (000625. SZ: Quote) (200625. SZ: Quote) said Sunday, Chang’an Automobile overseas will substantially realize the approach of endorsing the internationalization method, through a succession of fusions and acquisitions restructuring pursuits to realise the worldwide expansion.

Xu, head individual of the business to stay flat in the 13th Shanghai International Auto Show held in front of a press seminar that “the economic urgent position time span, to elaborate overseas and it is likely that an significant opportunity.” However, he did not reveal the exact objectives of overseas amalgamations and acquisitions.

When requested for the acquisition of Ford (F. N: Quote) if there’s interest in Volvo, said Xu Ping, presently nothing less knowledge could be disclosed.

Chang’an Automobile, said a press release provided, to 2012, Changan will invest 20 billion yuan R & D and manufacturing base for the construction of the engine, the Ford Motor Company is the U.S. partner of China.

The financial gathering in addition said that the January to March this year, Changan marketed 306,500 vehicles, an advance of 13%. The third quarter of 2009, Chang’an Hybrid will commence sales for separate someone users, strategies in the next two years, the realization of hybrid sort have been 10,000 sales.

China Association of Automobile Manufacturers released after data showed China’s car sales in March the overall 1,109,800, an increase of 5.01%, of which passenger vehicle sales in March also hit 772,400 of the all-time high, an increase of 10.26 percent, in February than the 607,300 than the growth of Central 27.2%.

Chang’an Automobile A allocations Friday blocked at 7.64 yuan, or 0.23 yuan, or 2.92 percent.

Xu Ping said, “We are energetically doing M & A pursuits at household and overseas, but which, because the chats have not, so there is none I can say.”

He accepts as factual that a economic urgent position if it proceeded longer, several European and American automakers dropped, amalgamation and reorganization, the larger the likelihood of contraction, but the Chinese automobile enterprises do not have much influence, but for the Chinese enterprises to go in the vehicle supply more possibilities for the worldwide market.

He incisive out that the Chang’an Automobile vegetation in Mexico from the consideration of the total of the North American market in rank to give better play to the effectiveness of the fabricating base.

In February this year, Chang’an Automobile AUTOPARK and Mexico noted a plan connection endeavour accord to set up production plants in Mexico, which Chang’s sixth overseas plant.

Ping Xu in addition said that Changan to strategic support and connection endeavour partners to carry on to increase the extent down the stage of support, the connection endeavour to do a good job and realise their own brand labels and connection coordination of universal development of the brand.

Changan Ford Mazda Automobile Co., Ltd. by the Chang’an Automobile (000625. SZ: Quote) (200625. SZ: Quote), Ford (F. N: Quote) and Mazda (7261. T: Quote) a tripartite joint venture, the three parties each 50%, 35% and 15% equity. The company’s 2008 sales of passenger cars in China, ranked No. 10 industries.

The Chang’an Automobile, Shanghai Auto will launch Cheung Yuet Cheung HS, Alto and other new forms as well as the number of unaligned R & D engine.

** In alignment to micro-oriented, car-based **

Xu Ping, ushered in in the Chang’an Automobile sales in the first quarter, tiny displacement vehicles of quite quick expansion, embracing micro-cars advanced more than 40%, considering the revitalization of the countrywide highly-developed guideline consequence on the market, but in addition the layout of the financial gathering before time to open up the effects of micro-car market .

He pointed out that around the next three years Changan will adhere to the “micro-oriented, car-oriented” development strategy to further increase the micro-car R & D, expansion efforts, particularly in the construction of marketing channels and networks to expand to rural areas.

Bao-Lin Zhang, general manager of Changan Automobile said that the next 3-5 years, Changan will launch 10 own brand cars, five micro-car brand, with the aim of self-brand cars to enter the top three in the Chinese market.

The company’s press release also pointed out that in 2012 plans to achieve annual sales of motor vehicles for more than two million, the market share of around 15%, of which micro-car to reach about one million cars reached 800,000, about 12% market share .

Ping Xu in addition said that Chang will carry on to endorse the new vitality vehicle development and the conventional propelling force for motor vehicle upgrades, the next five years, hybrid, wholesome electrical vehicles is the purpose of strategic investment.

Deputy General Manager of Changan Automobile said the Ministry of Finance with the introduction of new energy vehicles subsidy policy, which is expected to have 1,000 next year will be the volume of Changan hybrid vehicles in 13 major cities across the country test run. With the expansion of production and sales, new energy, car production and will gradually reduce the acquisition cost.

China’s Ministry of Finance said beforehand, the midpoint government on the pay for of energy-saving and new vitality vehicle by comparable vehicle supported on the conventional send, will give due attention to the amount of the effect of elements for instance technological developments to give a one-time fastened subsidies. Of commuter motor vehicles and light-weight economic vehicles, hybrid vehicles supported on hybrid and fuel economic procedure is pulled apart into 5 records, the largest funding for each 50,000 yuan; wholesome electrical vehicles per 60,000 yuan of subsidies; extra funds for fuel cell vehicles per 250,000 million.