综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Auto China

Joint venture on road to success in minibus market

By Xing Zhigang and Li Jiabao (China Daily) Updated: 2014-05-13 10:10

Beijing company is banking on new plant to upstage Toyota in SouthAfrica, report Xing Zhigang and Li Jiabao from Johannesburg

It's not often that one finds a new entrant stealing the thunder of an established global company in a mature marketplace like South Africa.

But one Chinese automotive company looks set to zoom past the market leader, Toyota Motor Corp, in the fast-growing South African minibus market.

Joint venture on road to success in minibus market
A minivan travels down the production line at a factory of BAW South Africa in Springs, Gauteng province. WANG JING/CHINA DAILY 

The company has already made a splash with its 16-seater Sasuka minibus, whose name means "we are departing" in the local Zulu language. These vehicles have become popular for their reliability and affordability.

"We want to dethrone Toyota in minibus sales in South Africa," said James Chung, 50, chief executive officer of BAW South Africa.

Sitting in his sprawling office on the East Rand in Gauteng province, about 50 kilometers east of Johannesburg, Chung said that success in South Africa may prove crucial to the company's long-term success.

"Our products are cheaper (than Toyota's) and of exceptional quality. It's just that we need to do much more to promote our brand," he said.

BAW South Africa is a joint venture between Beijing Automotive Works Co Ltd, the Industrial Development Corp of South Africa and China Africa Motors. It was set up in November 2012 to assemble minibus taxis on a semi-knocked-down basis.

BAW's parent company, Beijing Automotive Industry Holding Co, owns 51 percent of the company, the balance being held by the Industrial Development Corp of South Africa and China Africa Motors - a company set up by James Chung and family.

Chung, born in Taiwan, started his trading business in South Africa in 1991, selling items including gadgets, electric fans and tires. China Africa Motors was previously the importer and distributor of BAW taxis in South Africa. It holds a 24.5 percent stake in BAW South Africa.

Previous Page 1 2 3 4 Next Page

Hot Topics

Editor's Picks
...
...
商河县| 旅游| 汽车| 沾化县| 兰西县| 拜泉县| 靖西县| 河西区| 永修县| 扬州市| 阿合奇县| 罗田县| 黄冈市| 喀喇沁旗| 合水县| 阿拉善右旗| 方正县| 水富县| 连城县| 宣恩县| 武汉市| 富平县| 灵川县| 页游| 海兴县| 德州市| 宁陵县| 怀集县| 太仓市| 威海市| 镇远县| 荔浦县| 临邑县| 射阳县| 海伦市| 南澳县| 曲麻莱县| 木兰县| 读书| 房产| 千阳县|