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European and American mainstream automotive companies are suffering financial crisis hit, the survival status of Japan and South Korea Cheqi noticeably better than them. But Honda like risk estimates that has always had the most serious type of care, on the contrary it became cheqi financial crises emerge a winner.

At the end of last month, Honda released the 2009/10 years (April 1, 2009-2010-31 March) of the fiscal report show: operating profit as 3637 billion yen, an increase in the estimated 91.8% 2010/11 year group operating profit to 4000 billion yen, an enrichment 10.0%. Honda said the 2009/10 annual pre-tax profits for the company 3362 billion yen, an increase of 107.9%; 2009/10 year company net profit to 2684 billion yen, an increase of 95.9%.

Benefit from Asian growth of sales volume and cost reduction, Honda 2009 fiscal year's net income and operating income rose is more than 90%. Fiscal 2009, Honda's net income was $ 2684 billion yen (about $ 28.6 million), an increase of 95.9%, a bit reluctant to disclose the names of the insider said: "Honda 2009 fiscal year operating profit exceeded the prior-year growth of 69% to 3200 billion yen. ”

Still in losses in Toyota and Nissan, Honda is currently the best benefit in Japan Cheqi. The production scale, 2009 global sales of Toyota and general lack of 1/2. This is enough to let those greedy for large multinational companies seeking more alert, the original is not a production and sales of the car, the more the more profitable company.

Adequate cash flow and good profit situation gave Honda increase investment by sustaining power. Beijing motor show, Honda, especialy young gentleman also told reporters that Honda is being reflected on the financial crisis had to judge too serious, they will accelerate the expansion of production capacity, the size of the entire production to keep pace with the needs of the market. "Honda in China has two ventures, Dongfeng Honda second plant has been started, and the Guangzhou Honda is also considering expanding production capacity. ”

(Economic observation network)

Super cars news wire services reported, according to a comprehensive three-bit informed , modern United States wishing to enter the car pick-up market, and there is might be and Chrysler . achieving cooperation

According to media reports, prior to the beginning of modern vehicles in Chrysler Ram pickup platform on a modern pickup models, and on the car for a market test and found relatively positive consumer reaction, so the modern car decided to develop Pica, pica to enter the United States market.

Cooperation with Hyundai Motor will help achieve the aspirations of Chrysler, while production expansion will reduce Ram pickup models of production costs. Ram is the third global sales of truck brand.

United States pickup market profitable, but fierce competition, motor and Nissan Toyota cars couldn't beat Detroit in this area cheqi. This is also the collaboration with Chrysler automobile starting point.

But the Insider also revealed , Chrysler and Fiat CEO Malchow in February had rejected the proposal of cooperation in modern vehicles, and said that Chrysler's current strategy focuses on the implementation of Fiat's "recovery plan". However, modern car did not abandon the cooperation plan, still trying to convince the Chrysler.

In response to the message, Chrysler spokesman Gualberto Ranieri refused to publish any views.

Super cars news wire services reported that according to the combined three Insider recently disclosed, Italy's largest automobile manufacturer Fiat (Fiat SpA) in its agricultural, truck and tractor business separation with car business, want to raise 50 billion euros ($ 63 billion).

The informed that Fiat this desire raised funds of EUR 20 million will be used to repay under CNH agricultural equipment company Global NV's internal debt, as well as for Fiat future five-year development plan.

The Insider also disclosed that Fiat CEO Malchow in hope that the Board of Directors approved the beginning of July the financing plan.

As a result of the financing plan is in the discussion stage, the informed refused to disclose the specific name.

In response to the rumors, Fiat press spokesman refused to publish any comments.

In April, Fiat announced in the next five-year development plan, including its subsidiary of CNH agricultural equipment company NV and dynamic Global Fiat (Fiat Powertrain) operation of industrial and marine business unit split out, founded a company named "Fiat industrial" (Industrial Fiat SpA) of the new company; Fiat Auto (Fiat Auto) and others including engine, automobile components business unit will be retained.

Yesterday, Korea SsangYong motor launch auction announcements, launched the auction sale, the introduction of new shareholders. At present domestic enterprises in Korea and India in a Corporation interested in competing for the Dragon's control.

Double Dragon by public auction will be conducted in Korea, the auction of underwriters is Samjong KPMG and Macquarie Securities.

This reporter has learned that, from today onwards, the underwriters of the start of the consultation, potential investors and to accept the letter of intent for the acquisition, the work will be to 28 closing this month. Received after purchasing intentions, underwriters will be on the qualification of potential investors, and then select the object, then priority negotiation and signing of a memorandum of understanding on priority object. After that, the investor for the formal signing of due diligence, investment contracts. (Reported by Yang opened so)

Super cars news integrated foreign reports, car Suzuki (SuzukiMotor) is expected, because of the strong yen and European market turbulence, Suzuki operating profit this year will be less than expected, and equaled last year.

Prior to this Honda , also forecast this year, margins will be flat with last year. However, benefit from the United States market demand warmer, Toyota is expected profit for the fiscal year of the car will go up 48%.

In the past for several years, Swifts (Gallery Forum) (Swift) trim and (Gallery Forum) (Alto), and other small fuel-efficient cars are becoming more and more affected by global consumers, Suzuki's performance is better than the average level in the automotive industry.

2010 fiscal year, operating profit is expected to Suzuki rose 0.8% to $ 800 billion yen (about $ 8.74 million), net profit up 3.8% to 300 million yen (approximately $ 3.23 million).

Benefit from India market demand growth, Suzuki expects global sales in FY 2010 Suzuki will rise 5.7% to 248.2 million units.