Saic To Buy Uk To Pull Strings With Dr Li Ldv Commercial Vehicles - Saic Acquired Ldv-auto Parts
Test the water after the failure of South Korea's Ssangyong
, SAIC's overseas expansion pace did not stop. In addition to joint development with the common Indian market, as early as 7-8 months of this year, SAIC acquired abroad on another plan brewing, this time, its goal is to light the UK Commercial Vehicle Manufacturers LDV, bypass the middleman is worked NAC Rover Car Contributions towards the people?? Lee Qu. With the acquisition curveQu Li According to informed sources, the current British light commercial vehicle maker LDV is EcoConcept the legal owner of the company, the holders of the company is the British Chinese Li Qu.
It is understood, EcoConcept newly established this year, the company set up specifically for the purpose is to buy British LDV, and SAIC to curve and through the company's acquisition of the purpose of LDV. Recently, Lee song confirmed to the media, SAIC is working with her to discuss matters relating to acquisition of LDV, but the specific purchase price and the final published the time, because the two sides signed a confidentiality agreement, so Li Qu declined. So what is the song
Lee "and source"? Why SAIC to curve through the acquisition of the British LDV she does?
In the British media "eye", by Dr Li is currently the UK's best-known Chinese business woman, she worked for SAIC bought Rover matchmaking, so now she does, chasing the target British media.
Li Qu lived in the UK for 20 years, familiar with British culture, lifestyle and work style, rich in connections. Dr Li's father was an important NAC veterans, because this relationship, she and several major automakers in China are linked. Lee has been with people who have dealt with evaluation of curved her work as a consulting services company, to help both sides carry out a reasonable allocation of resources to communicate with her in the middle of contact, some seem a lot of complex things will be smooth.
2005, Li Qu was the Phoenix Group, an investment adviser to the British, when the Phoenix Rover Holdings bankruptcy acquisition, in her matchmaking, the Nanjing Auto, Brilliance has joined the ranks of foreign-funded enterprises to buy in this the ultimate success of the acquisition of Nanjing Auto Rover. British media that the acquisition of Rover in the NAC process, the role of Lee song appears to be far more important.
Besides helping Nanjing Auto, SAIC, Li Qu before for other Chinese car companies to buy overseas matchmaking, "Dr Li's work is now playing the role of an investment adviser," a knowledge of Dr Li told reporters.
LDV padded with wide-body passenger and light short board
LDV Group is located in Birmingham, a light commercial vehicle manufacturer, the annual capacity of 13,000, main products are series of Maxus vans and mini buses. In recent years, as losses in July 2006 by the Russian Gorky Automobile Group bought its 10 million pounds capital injection, but the sudden global Financial Gorky did not allow the crisis to revive LDV. Before Christmas in December 2008, Gorky Group announced LDV discontinued
In October of this year, with foreign broke the news of SAIC to buy LDV, SAIC has been taken on the matter swept under the carpet approach. Until November 23 when the Guangzhou Motor Show, SAIC president Chen Hong was officially admitted to the media, SAIC has been involved in acquisition of LDV. "SAIC is mainly to its intellectual property rights and the corresponding tooling over to buy in the UK to retain part of the factory also produced our parts will be exported to the United Kingdom, in the local assembly, so that we can solve the wide light passenger side Bus body blank. "
Commercial vehicles has been a weakness SAIC, while light commercial vehicle is its short board. Currently, commercial vehicles, the SAIC has Huizhong Automotive in addition, there is a Fiat, "joint" of Chongqing Hongyan heavy truck project, but with FAW, Dongfeng, compared SAIC's commercial vehicle sales very different.
by: gaga