Comments on: Chinese bidders interested in Opel

By: Lukaas

Lukaas — Wed, 22 Apr 2009 05:31:19 +0000

Murano,

You are not wrong…
“Sources” as in industry people who have travelled to China and in particular the plants (automotive) have revelled on how surprisingly “sharp” they have become.
[A] Chinese do learn fast, they have the skills, just lacking experience.

[B] They have access to very very low production cost, labour rates at about a quarter that of a typical Australian worker… HUGE advantage.

[C] Higher work rates, not only do they get paid less, but most labourers are willing to work extra to make a living.

The main drawback is that “piracy” is still HUGE over there, a plant can be “supervised” and ran by a corporate that has top notch security but a month later you will see that same “secret” they supposedly hide out in the streets being produced by a dodgy company without quality standards…. it “kills” reputations and product quality.
Look at the computer part market… Chinese produces cheap parts, initially was very poor in quality but now… not bad at all…

Still, Japan are too “knowledgED” and experienced to lose out… in the next 20 years anyways.

By: Murano

Murano — Tue, 21 Apr 2009 13:36:33 +0000

Low technology manufacturer buying a high technology manufacturer – excellent leapfrog strategy. Plus the Chinese have the capacity to learn fast. Reminds me of Isuzu which has its roots in Opel.
I think the Chinese will progress well in automobile industry due to the big local market aided by low production cost. I’m not surprised if in 5-10 years China becomes a major player. Only time will tell.
For now, Chinese made cars are awful.

By: gearboxdawg

gearboxdawg — Tue, 21 Apr 2009 08:05:38 +0000

China’s local manufacturers are going global. It is bottom feeding rather than top feeding. Tata Motors from India bought out Jaguar and Land Rover.

A couple of years ago, Nanjing Auto bought out Rover Group’s MG brand.

I don’t see Chinese auto-makers owning any part of Holden. China is a low cost manufacturer which would keep their manufacturing in low cost ares. If they do buy Holden, its because of the badge to retain local customers and not anything else.

By: RoFlmaTiC

RoFlmaTiC — Tue, 21 Apr 2009 07:18:33 +0000

Chinese investors and Chinese auto-manufacturers are not necessarily the same entities Frontman.

By: Who's Next

Who's Next — Tue, 21 Apr 2009 06:29:10 +0000

Maybe the Chinese will buy Holden………..i will laugh then…….Commodes with special fried rice!!!!!!

By: Frontman

Frontman — Tue, 21 Apr 2009 06:06:36 +0000

Isn’t it funny, look at one area of the news and Chinas car makers are suffering like the rest of us and are down scaling and shedding workers etc, (including holding off from export markets read Cherry). Then when you turn the page, every time another manufacturer is being put up for sale it’s the Chinese that are supposedly interested in it! Somehow this is starting to reak of lets just throw some names about and those that don’t deny must be guilty.

By: Yanzo

Yanzo — Tue, 21 Apr 2009 02:43:36 +0000

no… someone beat me!

By: Yanzo

Yanzo — Tue, 21 Apr 2009 02:43:16 +0000

so, what, is holden gonna be run by the chinese?

haha i’m the first to leave a comment!

By: The Salesman says "Horry Sheet"

The Salesman says "Horry Sheet" — Tue, 21 Apr 2009 02:42:16 +0000

And why not. As i have said before “Expand or die” We are going to see a huge shift in the top 10 automakers and i expect China will have one soon. If you cant win, buy out everything else you can.