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200 strikers arrested resume production of modern India





Super cars news integrated foreign reports, modern car India branch (Hyundai Motor India Ltd) Chennai factory workers strike continues until June 8 until the police arrested participated in a strike of 200 workers. After that, the factory will resume normal production.

This strike led to the modern factory in Chennai India, on 7 and 8 June discontinuation for two days, the total loss of approximately 13 billion rupees (approximately 1430 million).

Modern management, workers ' representatives and Government officials in India trilateral talks from June 8, morning and lasted until the afternoon, but ultimately there is still no consensus. Third-party was scheduled for June 9th to continue negotiations.

Modern India this strike is in order for 67 last year dismissed workers back to work. But modern adhere to disagree with this 67 employee reinstated, and indicated that the strike was illegal.

Due to the ongoing effects of the strike, modern India export European cars have been transferred to the Turkey plant production.

(Super car network)

Chrysler change supply contract repair vendor relations





Super cars news, comprehensive foreign coverage United States automobile manufacturers Chrysler global purchasing and quality management, Senior Vice President Dan Knott on June 10, in the suppliers ' Conference, said that Chrysler is modifying the vendor contract terms, and will announce new vendor contracts.

Modify the supply contract is Chrysler recently implemented a series of patch vendor relations.

Dan Knott revealed: "the new supply of provisions for the supply chain to provide greater security. Compared with the previous treaties, the new supply contracts to the suppliers more opportunities to express their ideas. We will and suppliers to discuss issues without allowing them to bend the ear threads. ”

In addition, Dan Knott also said Chrysler recently did not deliberately develop streamlined vendor, as well as increase the developing parts procurement objectives.

(Super car network)

Global sales for may Audi rose 14.6%





An integrated electric super car, Germany luxury car manufacturer Audi published data show that benefit from China, the United States and United Kingdom, and other export markets sales growth, 5, Audi global sales reached 94,900 units, an increase of 14.6%; the first five months of this year, Audi global cumulative sales of 455,700 units, an increase of 21.7%.

Audi worldwide sales, said Peter Schwarzenbauer, head 5 month Audi United States market sales performance is beyond the company's expectations. In may, the Audi United States sales rose by 22.7%. The first five months of this year, Audi United States sales rose by 31.4% to 39,839 vehicles.

As the Audi world's third largest export market, may-United Kingdom market Audi sales rose by 26.6% to 8,892 vehicles.

China market as the world's largest automobile market, Audi's rapid growth in global sales volume naturally. In may, the Audi China market sales reached 17,396 units, an increase of 39.9%.

(Super car network)

Universal IPO underwriting rates or invasive ten years minimum





Super cars news wire services reported, according to a comprehensive financial expert analysis, as the United States Department of the Treasury in the top five investment banks on Wall Street and in the negotiation of IPO underwriting again lower the common, generic IPO underwriting rates rates or as low as 2%, to United States 1999 IPO underwriting rates lowest on record.

United States General financial owns 61 percent of the shares. In order to get rid of government holdings, GM will be listed. United Kingdom independent international investment research company (Independent International Investment Research Plc) predicted that the scale of financing universal IPO could reach $ 12 billion, or become a United States company's second largest IPO.

United States Bank, Citibank, Goldman Sachs, JP Morgan and Morgan Stanley, five investment banks is to negotiate with the United States Government, the bid to become the universal IPO underwriter.

Over the past decade, the United States company IPO underwriting rates of average 5.5%. But because the United States Department of the Treasury in the 2008 financial crisis has given the above five investment banks for a total of 1500 billion of funding, so the United States Government is likely to achieve the universal IPO underwriting rates down to 2% of the target.

Pengboshe, the United States more than US $ 5 billion IPO underwriting rates of average is 3%. If you follow the 3% rate of underwriting, the dealers from Universal's $ 12 billion of the IPO in underwriting fees 3.6 million, equivalent to Goldman Sachs Bank, JP Morgan and Morgan Stanley IPO underwriting fee revenue this year 1.8 million.

(Super car network)

Brazil over Germany to become the world's fourth largest auto market





Statistics show that 1 ~ 5, Brazil automobile sales 131.6 million, more than Germany become the world's fourth largest auto market. Estimated annual car sales 340 million units, an increase of 8%.

巴西超过德国成为世界第四大汽车市场

The first five months of this year, the world's three largest automobile market in China, the United States and Japan's automobile sales are 540 000, 460 million and 208 million. Germany car sales during the same period, 118 million, world ranking dropped to fifth.