Chinese Economy Watch

[helin]

Chinese brands top Israel's year-to-date imported car sales​

(Xinhua) 14:21, August 03, 2024
JERUSALEM, Aug. 2 (Xinhua) -- Chinese car brands became Israel's largest supplier of imported passenger vehicles in the first seven months of 2024, according to data released on Friday by the Israel Vehicle Importers Association.

Sales of Chinese cars reached 39,826 units during the period, compared with 31,736 for South Korea and 27,969 for Japan.

Chinese electric vehicles (EVs) dominated the Israeli market, accounting for 69.4 percent of all electric car sales, with a total of 30,686 units sold. BYD Auto was the top-selling EV brand, delivering 11,871 units, and also secured the fourth spot overall in car sales, including gasoline-powered models.

MG Motor followed as the second-largest EV seller with 5,715 units, while Tesla ranked third with 3,211 units.

 

[helin]

Uber, BYD announces strategic partnership on EV​

(Xinhua) 16:03, August 02, 2024
SAN FRANCISCO, Aug. 1 (Xinhua) -- U.S. Uber Technologies and Chinese automaker BYD have announced a multi-year strategic partnership to bring 100,000 new BYD electric vehicles onto the Uber platform.

The partnership is expected to offer Uber drivers access to affordable pricing and financing for BYD vehicles on the ride-hailing platform, starting with the European and Latin American markets with plans to expand further to the markets across the Middle East, Canada, Australia and New Zealand, according to a joint statement on Wednesday.

According to the Chinese manufacturer, BYD vehicles are well suited to rideshare thanks to the wide range of models, superior battery performance, lower maintenance and repair costs, and excellent build quality.

The firms' joint efforts to bring down the total cost of EV ownership for Uber drivers could include discounts on charging, vehicle maintenance, or insurance, as well as financing and lease offers.

"Uber and BYD share a commitment to innovate towards a cleaner, greener world, and I am excited to work together towards that future," said Wang Chuanfu, chairman and president of BYD.

"As the largest global agreement of its kind, we're thrilled about the benefits this partnership will deliver for drivers, riders, and cities," said Dara Khosrowshahi, CEO of Uber. "We're excited to help demonstrate the benefits of EVs to more people around the world."

Both companies have also vowed to collaborate on future BYD autonomous-capable vehicles to be deployed on the Uber platform.

 

[Hari Sud]

This is what Chinese airforce is all about. It is copied and reverse engineered. It will never work. Just read below:

From J-7 To Stealth J-20 — 8 Fighter Jets That China Copied From US & Russia To Develop Its Own Warplanes

Chinese government-controlled media continuously tells the world about China’s fast-emerging aircraft industry. However, great powers do not steal designs or unauthorisedly copy them, flouting all intellectual property rights and norms evolved by the fair and responsible world. Practically, most...

www.eurasiantimes.com

 

[E-195]

This is the scene in front of Honda’s China factory, where a massive number of unsold new cars are densely packed, creating a spectacular sight. Reportedly, Honda has hundreds of thousands of cars in inventory that cannot be sold, and the glory of their past sales success is gone.In response, Japanese car brands have decided to cut production. On July 25, Honda announced that it will reduce its annual production capacity of gasoline cars in China by approximately 290,000 units, about 20% of its total capacity, due to sales difficulties. This is Honda's first production cut in China, raising concerns about foreign companies withdrawing from the country.Currently, Honda has seven automobile production lines in China, with a combined annual capacity of 1.49 million units. A Honda spokesperson stated that the joint ventures with GAC Group and Dongfeng Motor will cease operations in October and November this year.Additionally, according to Nikkei Asia, another factory in Guangzhou may also close or suspend production. If this factory shuts down, China's annual production capacity could further decrease by about 200,000 units.

View: https://www.youtube.com/watch?v=cwBQXawlgDg

 

[E-195]

The Ecuadorian Navy recently announced its intention to protect the Galápagos Islands from the predatory actions of illegal Chinese fishing vessels. Previously, starting on June 23, the Ecuadorian Navy, along with the US, Canada, South Korea, Italy, Spain, Colombia, and Peru, conducted 16 days of intensive drills, preparing to intercept and board fishing boats, with a clear focus on Chinese vessels.

View: https://www.youtube.com/watch?v=45ldjJ5oXhQ

 

[Hari Sud]

This is the scene in front of Honda’s China factory, where a massive number of unsold new cars are densely packed, creating a spectacular sight. Reportedly, Honda has hundreds of thousands of cars in inventory that cannot be sold, and the glory of their past sales success is gone.In response, Japanese car brands have decided to cut production. On July 25, Honda announced that it will reduce its annual production capacity of gasoline cars in China by approximately 290,000 units, about 20% of its total capacity, due to sales difficulties. This is Honda's first production cut in China, raising concerns about foreign companies withdrawing from the country.Currently, Honda has seven automobile production lines in China, with a combined annual capacity of 1.49 million units. A Honda spokesperson stated that the joint ventures with GAC Group and Dongfeng Motor will cease operations in October and November this year.Additionally, according to Nikkei Asia, another factory in Guangzhou may also close or suspend production. If this factory shuts down, China's annual production capacity could further decrease by about 200,000 units.

View: https://www.youtube.com/watch?v=cwBQXawlgDg

Honda and other companies who enthusiastically went China very richly deserve total shutdown….. That is the right punishment for them.

 

[helin]

Honda and other companies who enthusiastically went China very richly deserve total shutdown….. That is the right punishment for them.

By 2023, Honda will have sold 20 million cars in China, equivalent to five times the total annual car sales in India.

Much better than what happened to Ford in India

 

[rockdog]

you are not listening and answering as we then will buy from you,thriffs will emerge because as you can not grasp, Sheibaum will align with who ever wins the Election, then what you expect? the USA will open the Markets; Europe also is closing going south to even more poor economies means lower profits do not be a fool.

A car in Europe is more expensive than in China, thus profit is higher, thus you pay chinese subsidies, got it or you are too slow?

African nations are poorer, most central american nations are poor, do you expect the West will just look? or a Zambian pay as much as an American for a EV car?

Specialy for an EV which its battery is delicate and is the most expensive part you are a fool. poor countries buy reliable cars, primitive diesel not evs

good luck. Only a fool expects middle income nations will let their economies being subdued by China

Like oil prices almost defined by USA, China has world's full supply chains, we have "Pricing power" for most industrial product.








Hurting Mexico or not just a "Collateral Damage", a term of excuse invented by US army.

If U can‘t deal withanddrug Cartels, and stopping addictive to Coca Cola, don't blame hard working nations like China，Korea，Japan...

When strong demand of drug enriched Nacros in Mexico, Cola Company made ur people super fat, didn't hear u complaint USA here, why? A colony mindset?

 

[rockdog]

Korea.foe 23, Honda will have sold 20 million cars in China, equivalent to five times the total annual car sales in India.

Much better than what happened to Ford in India

I was doing business with Mahindra IT, and also hired a software team from Gujarat, i like to communicate with young professional Indian, they are smart, world view, native level of English and also know exact gap between China and India and working on closing the gap. I also invited them work in China and Korea for a while.

The least generation of Indian i don't want to communicate is the one you talked to @Hari Sud , he was 70 or 80 yrs old. This generation were deeply educated as "Western is the best" concept, and couldn't accept any other nation would do as good as Westerners, including Indian themselves.

But this generation actually created the biggest econimic and military gap not only with China, but also the world. So it's really hard for them to swollow the military and economic failtures they created by themselves.

The only way to make them calm was accusing China's economic progress was "gifted" by USA, and Weapon tech were stolen. You should know this kind of mindset already described by our famost writer Lu Xun, the "阿Q精神“, or "Spirital victory".

Stay away from this kind of peroson...

 

[E-195]

Like oil prices almost defined by USA, China has world's full supply chains, we have "Pricing power" for most industrial product.


View attachment 5122

View attachment 5123

View attachment 5124

Hurting Mexico or not just a "Collateral Damage", a term of excuse invented by US army.

If U can‘t deal withanddrug Cartels, and stopping addictive to Coca Cola, don't blame hard working nations like China，Korea，Japan...

When strong demand of drug enriched Nacros in Mexico, Cola Company made ur people super fat, didn't hear u complaint USA here, why? A colony mindset?

}I will give a few clues and from that try to understand the world.

But first i will give you this concept intelligence is amoral, it can be used for good or evil, but wisdom is moral, since wisdom means the balance tend to justice.
Second stop pretending you are a gringo, you CCP sells drugs to Mexican narcos and in Australia too, so do not preach me.
Two weeks ago, 60 MINUTES reported on the emerging threat of nitazenes, highly potent synthetic opioids which can be up to a thousand times stronger than morphine. The day after our story was broadcast, her warning about these illicit drugs, many of which are manufactured in Chinese labs, was validated in the worst possible way. Four people inside a home in Melbourne, including a 17-year-old boy, died after taking cocaine, not knowing it was laced with nitazenes. It’s a tragic and senseless waste of life, but as Clancey reports, the Australian Federal Police, as well as other law enforcement agencies, are now determined to stop the influx of nitazenes into the country.

View: https://www.youtube.com/watch?v=t4GyH9JTVo8&t=193s
Chinese money launderers are facilitating the fentanyl epidemic and helping international drug traffickers, like Mexican cartels and the Italian mafia, launder the proceeds of crime. The FT investigates the connection between capital flight from China and global organised crime

View: https://www.youtube.com/watch?v=EjGIp7kdS6E&t=58s



View: https://www.youtube.com/watch?v=SwZ_CV4QMC0

 

[E-195]

Like oil prices almost defined by USA, China has world's full supply chains, we have "Pricing power" for most industrial product.


View attachment 5122

View attachment 5123

View attachment 5124

Hurting Mexico or not just a "Collateral Damage", a term of excuse invented by US army.

If U can‘t deal withanddrug Cartels, and stopping addictive to Coca Cola, don't blame hard working nations like China，Korea，Japan...

When strong demand of drug enriched Nacros in Mexico, Cola Company made ur people super fat, didn't hear u complaint USA here, why? A colony mindset?

Mexico retains its position as the seventh-largest vehicle producer globally, with a production of 4,002,047 units in 2023, according to recent data from the International Organization of Motor Vehicle Manufacturers (OICA). The country is steadily competing with its close counterparts, Germany and South Korea.

Germany, holding the sixth position, manufactured 4,109,371 vehicles, while South Korea, in fifth place, assembled 4,243,597 units. Globally, vehicle production witnessed a significant surge, surpassing 93 million units in 2023, marking a notable recovery from the pandemic-induced downturn in previous years. However, the industry has yet to reach the peak of 2017 when 97 million units were produced.

The top ten manufacturing countries experienced robust growth rates, with China leading the pack with a 12% increase. Notable performers also include Japan (15%), South Korea (13%), Germany (18%), Mexico (14%), and Spain (10%). Major players in the manufacturing sector, covering both conventional and electric vehicles, include China, the United States, Japan, India, South Korea, Germany, Mexico, Spain, Brazil, and Thailand.

Mexico Remains 7th Largest Vehicle Producer

Mexico maintains 7th position in global vehicle production, with 4M+ units in 2023, intensifying competition with Germany and South Korea.

mexicobusiness.news

Yes mexican are not hard working people according to you

Mexico has risen to third place among the world's largest automotive exporters. According to the World Trade Organization (WTO), Mexican automotive exports surged by 22.5% to US$158 billion in the past year, surpassing both Japan and the United States, whose exports increased by 16.3% and 13%, respectively.

The European Union (EU) remains the leader with exports totaling US$831 billion, followed by China at US$170 billion. Mexico's leap positions it slightly ahead of Japan and the United States, both at US$157 billion. These figures encompass the export of light and heavy vehicles, as well as automotive parts and components.

The automotive industry's landscape is expected to undergo rapid changes in the coming years, driven by advancements in electric and hybrid vehicle production, autonomous technology, car-sharing models, and subscription-based business models.

Over the past decade, Chinese automotive exports have seen an unprecedented increase of 270% from 2013 to 2023. In comparison, Mexico's exports grew by 90.4%, the EU by 25.7%, the United States by 15.6%, and Japan by 3.3%.

Mexico Climbs to Third in World Auto Exports

Mexico has risen to third place among the world’s automotive exporters, surpassing both Japan and the United States.

mexicobusiness.news

So China at US$170 billion
Mexico at US$158 billion

Tell me you hard working Chinese how come we export in value almost as much as China and by per capita more than China.

Aiman Hussein is a concrete-3D-printer operator who works for Alquist. The company uses 3D-printing technology to build homes and lower the cost of housing and infrastructure in economically distressed and underserved communities. He'll walk us through the process and show us the printing, his setup, and a walkthrough of a home when it's done.

View: https://www.youtube.com/watch?v=vL2KoMNzGTo&t=41s

Seems the americans do not need your houses they can 3Dprint them


Since 2020, manufactured products and brands from China have become increasingly popular among consumers, accounting for 8.2 percent of sales during the first quarter of this year.

Autos chinos acaparan el 8.2 por ciento de venta de vehículos en México: AMDA

MG Motor, Chirey, Omoda, Jaecoo, JAC, Baic, Changan, JMC y DFSK son las marcas de coches disponibles en el marcado mexicano.

abcnoticias.mx

of course you do not understand statistics, China send us many cars made for Ford or other none Chinese brands got it? but since we also produce as much cars and we import a lot of cars is obvious China with oversupply only wants to assembly and export cars to Mexico.

But you know the Gringoes Know them

Trump invites Chinese automakers to build cars in the U.S.—and says ones they build in Mexico will be hit with tariffs up to 200% Former US President Donald Trump during the Republican National Convention at the Fiserv Forum in Milwaukee on July 15, 2024.

Trump invites Chinese automakers to build cars in the U.S.

And says ones they build in Mexico will be hit with tariffs up to 200%

fortune.com

India says high tariffs on EVs to protect from Chinese imports​

https://www.reuters.com/business/autos-transportation/india-says-high-tariffs-evs-protect-chinese-imports-2024-06-14/

Tata makes 3 very good electric cars today — the Tiago EV, Punch EV and the Nexon EV. Each of these electric cars overlaps the other in terms of pricing. But which is the best Tata EV you should buy? Karan Singh finds out by pitting three through a head to head race on a go kart track followed by a real world test of the EV cars!

View: https://www.youtube.com/watch?v=wFpNy3E0asE

Are you starting to understand oversupply and tariffs or you are still denying things?

 

[rockdog]

Mexico retains its position as the seventh-largest vehicle producer globally, with a production of 4,002,047 units in 2023, according to recent data from the International Organization of Motor Vehicle Manufacturers (OICA). The country is steadily competing with its close counterparts, Germany and South Korea.

Germany, holding the sixth position, manufactured 4,109,371 vehicles, while South Korea, in fifth place, assembled 4,243,597 units. Globally, vehicle production witnessed a significant surge, surpassing 93 million units in 2023, marking a notable recovery from the pandemic-induced downturn in previous years. However, the industry has yet to reach the peak of 2017 when 97 million units were produced.

The top ten manufacturing countries experienced robust growth rates, with China leading the pack with a 12% increase. Notable performers also include Japan (15%), South Korea (13%), Germany (18%), Mexico (14%), and Spain (10%). Major players in the manufacturing sector, covering both conventional and electric vehicles, include China, the United States, Japan, India, South Korea, Germany, Mexico, Spain, Brazil, and Thailand.

Mexico Remains 7th Largest Vehicle Producer

Mexico maintains 7th position in global vehicle production, with 4M+ units in 2023, intensifying competition with Germany and South Korea.

mexicobusiness.news

Yes mexican are not hard working people according to you

Mexico has risen to third place among the world's largest automotive exporters. According to the World Trade Organization (WTO), Mexican automotive exports surged by 22.5% to US$158 billion in the past year, surpassing both Japan and the United States, whose exports increased by 16.3% and 13%, respectively.

The European Union (EU) remains the leader with exports totaling US$831 billion, followed by China at US$170 billion. Mexico's leap positions it slightly ahead of Japan and the United States, both at US$157 billion. These figures encompass the export of light and heavy vehicles, as well as automotive parts and components.

The automotive industry's landscape is expected to undergo rapid changes in the coming years, driven by advancements in electric and hybrid vehicle production, autonomous technology, car-sharing models, and subscription-based business models.

Over the past decade, Chinese automotive exports have seen an unprecedented increase of 270% from 2013 to 2023. In comparison, Mexico's exports grew by 90.4%, the EU by 25.7%, the United States by 15.6%, and Japan by 3.3%.

Mexico Climbs to Third in World Auto Exports

Mexico has risen to third place among the world’s automotive exporters, surpassing both Japan and the United States.

mexicobusiness.news

So China at US$170 billion
Mexico at US$158 billion

Tell me you hard working Chinese how come we export in value almost as much as China and by per capita more than China.
View attachment 5137
Aiman Hussein is a concrete-3D-printer operator who works for Alquist. The company uses 3D-printing technology to build homes and lower the cost of housing and infrastructure in economically distressed and underserved communities. He'll walk us through the process and show us the printing, his setup, and a walkthrough of a home when it's done.

View: https://www.youtube.com/watch?v=vL2KoMNzGTo&t=41s

Seems the americans do not need your houses they can 3Dprint them


Since 2020, manufactured products and brands from China have become increasingly popular among consumers, accounting for 8.2 percent of sales during the first quarter of this year.

Autos chinos acaparan el 8.2 por ciento de venta de vehículos en México: AMDA

MG Motor, Chirey, Omoda, Jaecoo, JAC, Baic, Changan, JMC y DFSK son las marcas de coches disponibles en el marcado mexicano.

abcnoticias.mx

of course you do not understand statistics, China send us many cars made for Ford or other none Chinese brands got it? but since we also produce as much cars and we import a lot of cars is obvious China with oversupply only wants to assembly and export cars to Mexico.

But you know the Gringoes Know them

Trump invites Chinese automakers to build cars in the U.S.—and says ones they build in Mexico will be hit with tariffs up to 200% Former US President Donald Trump during the Republican National Convention at the Fiserv Forum in Milwaukee on July 15, 2024.

Trump invites Chinese automakers to build cars in the U.S.

And says ones they build in Mexico will be hit with tariffs up to 200%

fortune.com

India says high tariffs on EVs to protect from Chinese imports​

https://www.reuters.com/business/autos-transportation/india-says-high-tariffs-evs-protect-chinese-imports-2024-06-14/

View attachment 5139
Tata makes 3 very good electric cars today — the Tiago EV, Punch EV and the Nexon EV. Each of these electric cars overlaps the other in terms of pricing. But which is the best Tata EV you should buy? Karan Singh finds out by pitting three through a head to head race on a go kart track followed by a real world test of the EV cars!

View: https://www.youtube.com/watch?v=wFpNy3E0asE

Are you starting to understand oversupply and tariffs or you are still denying things?

That's exact what i m saying! Even Mexico make 4 millions car per year, no big brand belongs to you, no key tech belongs to you, no key components belongs to you.

So you don't have "Pricing power". The Big brands like GM and Toyota would sale double the pricing to you with the same car in China, that's why China export cars to Mexico, not Mexico to China.

China has full supply chains, and key components and tech like batteries, AI piloting.

Your government works disfuntional, if it even couldn't destroy narcos, how they would make industry policy? Then only stay at assembly level.

Thanks for providing the vivid sample from your auto industry.

 

[E-195]

That's exact what i m saying! Even Mexico make 4 millions car per year, no big brand belongs to you, no key tech belongs to you, no key components belongs to you.

So you don't have "Pricing power". The Big brands like GM and Toyota would sale double the pricing to you with the same car in China, that's why China export cars to Mexico, not Mexico to China.

China has full supply chains, and key components and tech like batteries, AI piloting.

Your government works disfuntional, if it even couldn't destroy narcos, how they would make industry policy? Then only stay at assembly level.

Thanks for providing the vivid sample from your auto industry.

Mexico has the technology in that you are wrong however we have a different economic model and i will show in aerospace industry.

Mexico is a true capitalist country for starters we have a democracy, second in Mexico the consumer decides what they buy.

Since 2014, engineers at Ford Mexico have registered 252 patents with the Mexican Institute of Industrial Property (IMPI), contributing 62.8% of the company's total of 401 patents worldwide. This achievement makes Mexico the second-largest region for Ford's patent registrations, following the United States

Ford Mexico Engineers Register 62.8% of Global Total Patents

Ford Mexico engineers have registered 252 patents, representing 62.8% of the global total

mexicobusiness.news

basically we have engineers who can do anything that other countries have.

Third we have the technology to build most of a car since a car is not difficult as you think.


However there is a big difference between the chinese model and the Mexican model, we do not ask forced technology transfers, our companies need to become suppliers upon the free decision of the foreign company, that is the reason you can operate in Mexico and we can not in China.

What is the benefit? well for starters quality


Most of your cars are crap, sorry but the main reason in mexico they buy Chinese cars is price.

At engine is a supplier for SAFRAN and GE Leap engines. we are suppliers they chose the company freely not forced, so they need to be good, no subsidies to build crap true capitalism.


- Safran Aircraft Engines, a leading global manufacturer of aircraft engines, has announced at the Farnborough International Airshow the construction of a new maintenance workshop and the expansion of its production plant in Querétaro, both dedicated to the CFM LEAP engine.The announcement was made by the Governor of Querétaro, Mauricio Kuri, together with Olivier Andriès, CEO of Safran, and Jean-Paul Alary, CEO of Safran Aircraft Engines.Safran Aircraft Engines is investing $80 million in the construction of its second MRO (maintenance, repair and overhaul) workshop, which is scheduled to begin operations in 2026.This 14,000-square-meter facility will add significant capabilities to LEAP’s global MRO network to support increased service activities. Safran Aircraft Engine Services Americas will increase its annual capacity by 150 engines, bringing its total capacity to 350 engines by 2030, with the creation of nearly 500 direct jobs.The facility will be located next to the new test stand currently under construction.The new workshop is also designed to meet the best environmental standards, as part of Safran’s low-carbon strategy.In addition, Safran Aircraft Engines will expand its Safran Aircraft Engines Mexico (SAEM) engine production facility for the new LEAP fan and turbine modules, as well as final assembly lines to support the increased production of the next-generation CFM engine, creating 150 jobs.




Do you understand Safran is free to do as a private company anything? they own their business in Mexico, they are not forced to transfer any technology, as long as they give us jobs, we allow them to be free, what is the advantage? we are going to make parts from Mexican companies like AT engine and safran queretaro and we are going to assemble the Leap engine in Mexico
Got it? LEAP engines completly assemble from Queretaro for A-320s.


Now you will say China has its own engines, true, Mexico does not true, but the LEAP engine now is the most popular jet engine for Airbus and Boeing aircraft, China copies we respect in that sense we are in a major engine program and your engines are paper work.





Safran and Albany inaugurated third composite fan blade production plant for LEAP engine, in Mexico


View: https://www.youtube.com/watch?v=76BYoNmfFdk


This is an Isuzu Truck but the electric engine system for this electric truck is designed in mexico by Megaflux so pretty much you do not know a lot.



This is a bekkar bus the body is mexican and the Chassis for a a well known Brand, so the only reason we do not sell in China is because you have a protectionist industry, we are not like that.

 

[rockdog]

Mexico has te technology in that you are wrong however we have a different economic model andf i will show in aerospace industry.

Mexico is a true capitalist country for starters we have a democracy, second in Mexico the consumer decides what they buy.

Since 2014, engineers at Ford Mexico have registered 252 patents with the Mexican Institute of Industrial Property (IMPI), contributing 62.8% of the company's total of 401 patents worldwide. This achievement makes Mexico the second-largest region for Ford's patent registrations, following the United States

Ford Mexico Engineers Register 62.8% of Global Total Patents

Ford Mexico engineers have registered 252 patents, representing 62.8% of the global total

mexicobusiness.news

basically we have engineers who can do anything that other countries have.

Third we have the technology to build most of a car since a car is not difficult as you think.
View attachment 5142

However there isa bog difference between the chinese model and the Mexican model, we do not ask forced technology transfers, our companies need to become suppliers upon the free decision of the foreign company, that is the reason you can operate in Mexico and we can not in China.

What is the benefit> wel for starters quality
View attachment 5143

Most of your cars are crap, sorry but the main reason in mexico they buy Chinese cars is price.
View attachment 5144
At engine is a supplier for SAFRAN and GE Leap engines. we are suppliers they chose the company freely not forced, so they need to be good, no subsidies to build crap true capitalism.
- Safran Aircraft Engines, a leading global manufacturer of aircraft engines, has announced at the Farnborough International Airshow the construction of a new maintenance workshop and the expansion of its production plant in Querétaro, both dedicated to the CFM LEAP engine.The announcement was made by the Governor of Querétaro, Mauricio Kuri, together with Olivier Andriès, CEO of Safran, and Jean-Paul Alary, CEO of Safran Aircraft Engines.Safran Aircraft Engines is investing $80 million in the construction of its second MRO (maintenance, repair and overhaul) workshop, which is scheduled to begin operations in 2026.This 14,000-square-meter facility will add significant capabilities to LEAP’s global MRO network to support increased service activities. Safran Aircraft Engine Services Americas will increase its annual capacity by 150 engines, bringing its total capacity to 350 engines by 2030, with the creation of nearly 500 direct jobs.The facility will be located next to the new test stand currently under construction.The new workshop is also designed to meet the best environmental standards, as part of Safran’s low-carbon strategy.In addition, Safran Aircraft Engines will expand its Safran Aircraft Engines Mexico (SAEM) engine production facility for the new LEAP fan and turbine modules, as well as final assembly lines to support the increased production of the next-generation CFM engine, creating 150 jobs.

Do you understand Safran is free to do as a private company anything? they own their business in Mexico, they are not forced to trasnfer any technology, as long as they give us jobs, we allow them to be free, what is the advantage? we are going to make parts from Mexican companies like AT engine and safran queretaro and we are going to assemble the Leap engine in Mexico
Got it? LEAP engines completly assemble from Queretaro for A-320s.
Now you will say China has its own engines, true, Mexico does not true, but the LEAP engine now is the most popular jet engine for Airbus and Boeing aircraft, China copies we respect in that sense we are in a major engine program and your engines are paper work.
View attachment 5145
This is an Isuzu Truck but the electric engine system for this electric truck is designed in mexico by Megaflux so pretty much you do not know a lot.

View attachment 5147

This is a bekkar bus the body is mexican and the Chassis for a a well known Brand, so the only reason we do not sell in China is because you have a protectionist industry, we are not like that.

U r making examples like assembly, components, re-branding things, and repeating and repeating.

Wel, name some industry products Mexico have "pricing power", (except that chemical based addictive powder or crystal little thing) please ...

 

[E-195]

U r making examples like assembly, components, re-branding things, and repeating and repeating.

Wel, name some industry products Mexico have "pricing power", (except that chemical based addictive powder or crystal little thing) please ...

let us say we are building Leap engines from 2026 and you will have your crap jet engines no one uses, you need to buy airbuses to assemble them we just make parts no need to buy them

 

[helin]

let us say we are building Leap engines from 2026 and you will have your crap jet engines no one uses, you need to buy airbuses to assemble them we just make parts no need to buy them

Leap engines are good,
But this is an American product,
I wouldn't consider the iPhone a Chinese product either

 

[E-195]

Leap engines are good,
But this is an American product,
I wouldn't consider the iPhone a Chinese product either

Leap engines are French-American, Safran-GE, no one said they are Mexican, Safran-GE are the lead team, Altaser/AT-engines are only providers from Mexico, they just provide parts, but their contracts are due to quality not forced tech transfers, Safran and GE also built parts for Leap engines in Queretaro.

My point is there are 7000 orders for Leap engines, some of those have parts made in mexico by Safran and GE or suppliers like At-engine or Altaser.

we got an assembly line, why tell me? simple they trust we are not copying to screw them, simple like that.

The point why compete if you can make money cooperating got it?

why make a project by it self so expensive by only one company or one country?

over supply has another name it is called protectionism or protecting your industry, it means China wants to destroy others countries industries because subsidies are expensivea and debt, the other countries say no you will not destroy our companies and we are not going to pay for your subsidies. got it?

To put it simple Trump wants BYD to build in the USA, where salaries are more expensive, there is no subsidies for BYD and where the Chinese government subsidies will pay for american jobs got it the name of the game is that

 

[Hari Sud]

By 2023, Honda will have sold 20 million cars in China, equivalent to five times the total annual car sales in India.

Much better than what happened to Ford in India

And today they have a mountain of unsold cars in China.

 

[E-195]

Honda and other companies who enthusiastically went China very richly deserve total shutdown….. That is the right punishment for them.

Up to some degree I agree, but it is part of economic cycles, and part of the capitalist competition

 

[rockdog]

And today they have a mountain of unsold cars in China.

Honda to cut China production capacity for gas cars by 30%​

Honda to cut China production capacity for gas cars by 30%

Move marks latest reversal by Japanese automakers in world's biggest market

asia.nikkei.com

A simple logic:

Bad news: Sumsung closed all mobile phone facotries in China

Not that bad news: Sumsung lost all the market share in China to 0.1%, all brands are Chinese and Apple.