You can subscribe to this discussion group using an RSS feed reader. RSS Feed
Schedule Anything

Feature requests, design considerations and architecture for the Schedule Anything product.

Just want to say Hello!

Wonderful content. Thanks a lot!  my web-site -  http://gizmowise.com/node/add/forum?edit%5Btitle%5D=Rouble+collapse+buffets+Asian+carmakers%27+big+Russia+bets&edit%5Bbody%5D%5Bund%5D%5B0%5D%5Bvalue%5D=Asian+carmakers+who+bet+big+on+expanding+in+Russia+face+a+test+of+their+commitment+to+a+market+they+once+hoped+was+set+to+surpass+Germany%27s+by+size+as+the+rouble+plunges+and+auto+sales+skid.%3Cbr%3E%3Cbr%3E%0D%0AManufacturers+including+Japan%27s+Nissan+Motor+Co%2C+China%27s+Great+Wall+Motor+Co+and+South+Korea%27s+Hyundai+Motor+and+its+Kia+Motors+affiliate+have+been++stepping+-+http%3A%2F%2Fwww.Squidoo.com%2Fsearch%2Fresults%3Fq%3Dstepping++up+investment+in+Russia+in+recent+years+and+are+gaining+market+share+there+at+the+expense+of+European+and+U.S.+rivals.%3Cbr%3E%3Cbr%3E%0D%0ABut+the+rouble%27s+sharp+fall+this+week+on+tumbling+oil+prices%2C+which+brought+its+losses+against+the+dollar+this+year+to+about+50+percent%2C+leaves+their+near-term+prospects+there+looking+decidedly+bleak.%3Cbr%3E%3Cbr%3E%0D%0ALate+on+Tuesday%2C+China%27s+Geely+Automobile+Holdings+Ltd+%2C+whose+parent+Zhejiang+Geely+Holding+Group+owns+Swedish+brand+Volvo%2C+warned+that+its+profit+this+year+would+roughly+be+halved%2C+partly+as+a+result+of+foreign+exchange+losses+in+Russia.%3Cbr%3E%3Cbr%3E%0D%0AGeely%2C+whose+Russian+sales+have+slumped+49+percent+in+the+first+11+months+of+2014%2C+said+it+was+raising+prices+in+the+country+and+had+begun+%22to+restructure+its+Russian+operations+with+an+aim+to+reduce+its+financial+risks%22.%3Cbr%3E%3Cbr%3E%0D%0AEven+before+the+rouble%27s+recent+slide%2C+Russian+car+sales+were+forecast+to+drop+15+percent+this+year+and+a+further+4+percent+next+year%2C+according+to+Hyundai+and+Kia%27s+in-house+think+tank%2C+which+expects+overall+Russian+sales+this+year+of+2.37+million%2C+compared+with+3.25+million+in+Germany.%3Cbr%3E%3Cbr%3E%0D%0A%3Cbr%3E%3Cbr%3E%0D%0A%3Cbr%3E%0D%0A%3Cbr%3E%0D%0ASCALING+UP%3Cbr%3E%3Cbr%3E%0D%0AThat+slowdown+comes+just+as+some+producers+are+scaling+up.%3Cbr%3E%3Cbr%3E%0D%0AIn+August%2C+Great+Wall+Motor+Co%2C+China%27s+biggest+SUV+maker%2C+broke+ground+on+a+3.2+billion+yuan+%28%24517+million%29+car+factory+in+Russia%2C+its+first%2C+which+will+have+annual+capacity+of+150%2C000+cars.%3Cbr%3E%3Cbr%3E%0D%0AThe+company+said+Tuesday+that+those+plans+remain+intact+despite+the+market+turmoil.%3Cbr%3E%3Cbr%3E%0D%0ALast+week%2C+Japan%27s+Nissan+Motor+Co+began+producing+its+X-Trail+model+at+its+plant+in+St.+Petersburg%2C+where+it+is+doubling+capacity+to+100%2C000+vehicles+per+year+in+a+bid+to+increase+the+share+of+locally+made+cars+it+sells+in+Russia+to+90+percent+by+2016%2C+from+70+percent+now.%3Cbr%3E%3Cbr%3E%0D%0AWhile+they+can+take+comfort+from+the+fact+the+rouble%27s+fall+gives+comparative+advantage+to+carmakers+with+higher+levels+of+localised+production+and+content%2C+a+tottering+Russian+economy+hurts+the+entire+industry.%3Cbr%3E%3Cbr%3E%0D%0AFrance%27s+Renault%2C+which+is+the+biggest+player+in+the+market+through+its+control+of+top+local+carmaker+Autovaz+%2C+benefits+from+having+the+highest+share+of+rouble-denominated+costs+for+the+cars+it++produces+-+https%3A%2F%2FWww.Vocabulary.com%2Fdictionary%2Fproduces++there%2C+at+90+percent%2C+followed+by+the+Hyundai%2FKia+pairing%2C+at+68+percent%2C+according+to+a+Nomura+report.%3Cbr%3E%3Cbr%3E%0D%0AJapanese+manufacturers+generally+import+a+bigger+share+of+their+cars+into+Russia%2C+the+report+said%2C+although+the+weaker+yen+has+helped+Nissan+and+Toyota+Motor+Corp+post+sales+gains+this+year+in+Russia.%3Cbr%3E%3Cbr%3E%0D%0AKia%2C+which+along+with+Hyundai+holds+a+combined+15+percent+of+the+Russian+car+market%2C+good+for+second+place%2C+has+been+diverting+some+of+the+cars+it+usually+imports+to+Russia+from+plants+in+Slovakia+and+South+Korea+to+other+markets+to+avoid+selling+them+at+a+loss%2C+a+company+official+said.%3Cbr%3E%3Cbr%3E%0D%0A%22We+are+trying+to+minimise+losses+by+redirecting+vehicles+to+other+European+countries%2C%22+the+Kia+official+said%2C+declining+to+be+identified+or+give+further+details.%3Cbr%3E%3Cbr%3E%0D%0ATo+offset+the+pain+of+a+tumbling+rouble%2C+Kia+also+raised+prices+on+key+models+in+both+the+second+and+third+quarters%2C+according+to+a+company+official.%3Cbr%3E%3Cbr%3E%0D%0AKia+declined+to+comment.%3Cbr%3E%3Cbr%3E%0D%0AHyundai+invested+%24500+million+to+build+a+plant+near+St.+Petersburg+in+2010+that+it+shares+with+Kia+and+is+running+at+full+speed.+It+said+Tuesday+it+has+no+plans+to+expand+capacity+in+the+country+for+now.%3Cbr%3E%3Cbr%3E%0D%0AHyundai+and+Kia%27s+Russia+sales+fell+2+percent+and+4+percent%2C+respectively+from+January+through+November%2C+compared+with+the+market%27s+12+percent+decline.%3Cbr%3E%3Cbr%3E%0D%0A%22The+more+we+sell+in+Russia%2C+the+more+we+lose+money+there%2C%22+another+Kia+official+told+Reuters+recently+on+condition+of+anonymity+because+he+was+not+authorised+to+speak+to+the+media.%3Cbr%3E%3Cbr%3E%0D%0A%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%3Cbr%3E%3Cbr%3E%0D%0AGRAPHIC%3A+Carmakers%27+sales+in+Russia%3Cbr%3E%3Cbr%3E%0D%0Alink.reuters.com%2Fjyd23w%3Cbr%3E%3Cbr%3E%0D%0AGRAPHIC%3A+Carmakers%27+cost+exposure%3Cbr%3E%3Cbr%3E%0D%0Alink.reuters.com%2Fbut63w%3Cbr%3E%3Cbr%3E%0D%0A%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%5E%3Cbr%3E%3Cbr%3E%0D%0A%28%241+%3D+6.1922+Chinese+yuan+renminbi%29+%28Additional+reporting+by+Mari+Saito+in+TOKYO+and+Joonhee+Yu+in+SEOUL%3B+Editing+by+Tony+Munroe+and+Rachel+Armstrong%29%3Cbr%3E%3Cbr%3E%0D%0A%3Cbr%3E%3Cbr%3E%0D%0AIf+you+liked+this+article+and+also+you+would+like+to+collect+more+info+concerning++x+trail+-+https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DloGd8j_DpE4++i+implore+you+to+visit+our+own+site.
นิ ส สัน ที ด้า Send private email
Wednesday, February 25, 2015
 
 

This topic is archived. No further replies will be accepted.

Other recent topics Other recent topics
 
Powered by FogBugz