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Auto market to the top of the list August 31st to September 6th news review: Shenzhen Business Daily reporter Gao Xiaoning Xu Honghui took second place this week, Beijing held a legislative hearing on the traffic in the new "Traffic Safety Law" for motorists and pedestrians The public hearings were held on the issue of liability for accidents and other incidents, and triggered hot discussion among various sectors of the society. Some auto companies in China are still operating frequently. For example, Great Wall plans to refinance MPV production, and Southeast Auto Mars plans to push more new products; in the international market, M3 has heard good news for increasing production, while Fiat, new The leadership team has stated that it will reorganize its internal management structure in September in order to seek the road to recovery as soon as possible. The first "motor vehicle pays bill" sparked a heated debate On September 3rd, the Standing Committee of the Beijing Municipal People's Congress convened the first legislative hearing to publicize the "Measures for Beijing Municipality to Implement the Road Traffic Safety Law of the People's Republic of China (Consultation Draft)" Hearing. Statements from various levels of people's opinions at the hearing site focused on the “two-wheeled vehicle and non-motor vehicle, pedestrians’ liability for damages†and “electric bicycles and bicycles carrying people†two hearings. Among them, the issue of "motor vehicle pays bills" has become the focus of controversy. Some people shouted "people-oriented" and emphasized the protection of the weak. Some people reminded people that sexual favors should not be overdone and appealed not to harm the law-abiding people. In addition, the media outside the venue and the public also engaged in heated debates over this issue. Comments: The new "Traffic Safety Law" that began on May 1st this year differs from the original law in that it emphasizes people-centeredness and protects the right to life of pedestrians, of which Article 76 has new provisions for liability for accidents. However, during the implementation of the new law, the issue of compensation liability for traffic accidents between motor vehicles and pedestrians has caused controversy among many citizens. This time, Beijing used hearings to widely listen to opinions from different sectors of different industries, and also to make the implementation of the new Traffic Safety Law more realistic and fair. Moreover, after this debate, the implementation of the new traffic safety law in Beijing in the future will inevitably have an impact on other parts of the country. Indices:★★★★★ The 2nd Great Wall Financing puts into production MPV On August 30th, Great Wall Motor, which has just been listed in Hong Kong for more than half a year, issued an announcement saying that the company’s board of directors passed a resolution and plans to list on the domestic A-shares, with no more than 300 million shares issued. After the successful listing of the A shares, Great Wall Motor will raise no more than 2.74 billion yuan in funds. At the same time, the Great Wall said that this plan will be submitted to the China Securities Regulatory Commission for approval. According to the Great Wall Motors’ announcement, the company will use 299 million yuan in the proceeds of the share issuance for the research work of the technology center. The remaining 2.36 billion yuan will be used to fund a production base with a capacity of 200,000 passenger cars a year. Construction. According to White Snow, the head of the Great Wall Automobile Securities Department, the base is mainly to develop MPV. Comments: The Great Wall has revealed the direction of its future development strategy - not the legendary car, but the MPV. At present, the country’s new industrial policy clearly suggests that automobile companies should be encouraged to develop and produce energy-saving and environmentally-friendly cars. The SUV, the main model of Great Wall Motors, is considered to be a large-displacement vehicle with large energy consumption. It is reported that the Great Wall has therefore considered the development of other types of vehicles, and the MPV that has maintained a high growth rate in the first half of this year has become the choice of the Great Wall. At present, the new production base of the Great Wall has started construction in June. If this A-share listing plan is successful, its subsequent development will be more optimistic. Jilin Index: ★★★★☆ The 3rd Southeast Jieshuai pushes the new car According to the news from Southeast Automotive, from September 1st, Liu Xingtai, deputy general manager of Taiwanese China Automotive, took over as the general manager of the Southeast Automotive Company of Lin Guoming. It is reported that the changes in the senior personnel of the Southeast Automotive Industry Group are due to the determination of the shareholders of the two companies in Southeastern Auto Taiwan to build up their core competitiveness by strengthening new product development and improving their R&D capabilities, so as to strive for an invincible position in market changes. . In the next year or two, Southeast Automotive will launch a variety of new and competitive vehicles, and build a first-phase engineering research and development center to form a certain capacity for vehicle models to quickly respond to market needs. Comment: Southeast Automotive said that the newly appointed general manager Liu Xingtai has long been responsible for the development of new products of Taiwan Zhonghua Automobile, which has made outstanding contributions to promoting localization of products, reducing costs and technological cooperation with domestic engine factories and gearbox factories. Lin Guoming has been in the past two years. During half of the time, we devoted ourselves to improving the Southeast Auto Distribution System. Up to now, 84 "4S" stores, 596 exhibition and sales points, and 481 maintenance stations have been established. This high-level personnel change can be said to represent the strategic direction of Southeast Motor's development. After the distribution network is gradually perfected, we will expect to see even more actions in the southeast in the new car. Jilin Index: ★★★★ The 4th Guiyang Youth Car Project has been stagnant According to the “Jinghua Times†report, there is a conclusion that Jinhua Youth has used Guiyang Airlines to cooperate with Fuji. According to related sources from Jinhua Youth Group, the introduction of the Fuji model by Jinhua Youth was unsuccessful and is currently discussing the introduction of a sedan model with other partners. However, Mr. Huang of the Guihang Group’s marketing department stated that the technical cooperation between Fuji and Guihang has not been interrupted. At the same time, the negotiations between Guiyang’s youth cars and Fujifilm have continued. It is understood that the current Guihang Youth Car Project has stagnated. On the other hand, Jinhua Youth's reply to its new car is: The new model has been selected, and it is still aimed at the mid-to-high-class car market. It seems that Jinhua Youth has a new partner. Comments: In the commercial warfare, the interest is first. In the cooperation between Guihang Group and Jinhua Youth, the purpose of Jinhua Youth is to use Guihang Airlines to produce cars in cooperation with Fuji. The purpose of Guihang is to save the lark. Now Fuji Heavy Industry has admitted that it has withdrawn. Two of the three joint venture projects with Guihang, without the key figure of Fuji, Jinhua Youth naturally would not be willing to invest lightly, and would even divert their partners and dream of a round-up car. This is also a reasonable matter. In the final analysis, the "wings" of Guizhou Skylark are too heavy. It is not easy to get out of the difficulties it has formed for many years. This is also the biggest obstacle to its re-entry. Indices: ★★★★ No. 5 Mazda 3 Out of Sales Increase Recently, Mazda stated that Mazda 3 is currently out of stock globally, especially in the United States and Europe. In July, Mazda 3 sold 6,706 vehicles; in the first seven months of this year, the sales volume of the vehicle reached 48,678 units. Therefore, Mazda decided to increase the production of the car from the original 250,000 to 320,000, an increase of 28%. It is reported that the Mazda 3 production increase plan will be completed by U2, the reopened factory in Hiroshima. At the same time, Mazda plans to increase engine production to meet the strong demand for the two best-selling models, Mazda6 and Mazda3. Comments: At present, the global automotive market is not well-sold and inventory remains high. The latest data show that China's automobile inventory has also exceeded 400,000. In order to reduce inventory, manufacturers have increased the car discount and even use the method of reducing production. Against such a backdrop, Mazda still announced an increase in production. On the one hand, it shows the company's strong sales momentum and firm confidence; at the same time, it is also the lackluster global automotive market that has few bright colors. It is worth noting that the overwhelming M3 has become the focus of domestic auto companies, and its settlement problem is still unknown. Indices: ★★★ 6th Fiat Restructuring Recently, the newly appointed Fiat Group CEO Marchionne and Fiat Auto CEO Herbert Damon jointly announced an important decision. Fiat will begin in early September of this year. In its 105-year history, it is the largest restructuring of its management structure. Marchionne said that according to the new restructuring model, Fiat's three major brands, light commercial vehicles and after-sales maintenance companies will each have their own managers, and the company will also re-appoint the heads of the five production lines, adding 15 Auxiliary companies and identified their respective leaders, these 25 individuals are reported to the company’s CEO Dimon. Of course, the five major companies are still responsible for their own market sales, brand distribution and brand development. Comments: Fiat Motor Company's July report showed that the company continued to experience losses in the second quarter, which was the company's 11th consecutive quarter of losses. This has thrown cold water on Fiat, which has been looking forward to early profitability. At the same time, the death of Fiat's President Agnelli, the resignation of CEO Molchio, the possibility that there will be no successor in the recovery plan, and the company’s credit crisis will undoubtedly worsen Fiat’s already in danger. Some experts believe that it is necessary for Fiat to start a new restructuring plan at this time, but whether it can work to help it recover its profits in advance will also need to be tested by time and market. Stimulated index: ★★★ Author: Shenzhen Chinese Commercial News reporters Gao Xiaoning and Xu Honghui