Volkswagen: I want to adjust the share ratio in China! SAIC: Have you discussed it with me? !

1994, China promulgated the industrial policy of the automobile industry, pointing out that the automobile industry is managed by the "catalogue" system, and that foreign businessmen must produce and sell automobiles in China in the form of joint ventures, and that "the foreign ownership of a joint venture automobile company shall not exceed 50%".

It's 20 18, and the National Development and Reform Commission and the Ministry of Commerce jointly issued the Special Administrative Measures for Foreign Investment Access (Negative List) (version 20 18). According to this measure, the automobile industry cancels the restrictions on the ratio of foreign shares in special purpose vehicles and new energy vehicles; In 2020, the restrictions on the ratio of foreign shares in commercial vehicles will be abolished; In 2022, the restriction on the ratio of foreign shares in passenger cars will be abolished, and at the same time, the restriction on no more than two joint ventures will be abolished.

In the fourth quarter of 2065438+2008, BMW announced that it would increase its shareholding in the joint venture company from 50% to 75% in the future. After increasing the shareholding ratio, BMW plans to further expand its investment in China, and plans to build a third BMW Brilliance factory in Tiexi Sino-German high-end equipment manufacturing industrial park in Shenyang, Liaoning. At the same time, BMW and its partner Brilliance Auto also signed a strategic cooperation agreement, including BMW's new investment of 3 billion euros, extending the joint venture agreement between the two parties to 2040; In the next three to five years, the annual production capacity of BMW Brilliance will gradually increase to 650,000 vehicles/year, further deepening the cooperation between the two parties.

On March 12, at the annual meeting of Volkswagen, Herbert, CEO of Audi AG? Diss made it clear: "We really want to readjust our share ratio in China in 2020." He also said: "Negotiations are under way and the results are expected to be announced at the end of 20 19 or the first half of 2020." In the subsequent internal communication meeting, Diss repeatedly repeated "profit makes people free" in front of hundreds of managers. This statement immediately caused an uproar and was strongly criticized by mainstream media around the world, especially in Europe and America.

The media quickly found the source according to the phrase "profit makes people free" The slogan of Nazi concentration camps in Germany during World War II was "Labor makes people free". During the whole World War II, whether forced or active, the public could not wash away the name of "accomplice".

In the face of fierce criticism from the media, Edith had to apologize again and again. However, it is still hard for the public to forgive, thinking that the scandals such as the "emission gate" of the public in the past are not accidental, but the concentrated expression of corporate culture alienation. An enterprise that ignores social morality and doesn't care about public order and good customs can hardly match its position as a global hegemon.

SAIC particularly emphasized that "in the long-term joint venture and cooperation process, SAIC and Audi AG have made outstanding contributions to the development of the joint venture, and they have the same right to speak on important issues of the joint venture ... SAIC regrets the behavior of foreign parties unilaterally expressing their positions on major issues of the joint venture in China without prior communication".

At present, Audi has three automobile joint ventures in China: FAW-Volkswagen, SAIC-Volkswagen and JAC-Volkswagen. Except FAW-Volkswagen's share ratio between China and Germany is 60: 40, the other two share ratios are 50: 50 (SAIC- Volkswagen transferred 65,438+0% of the shares to Audi, at present, Volkswagen accounts for 49% and Audi accounts for 65,438+0%).

For the comparison of the shares of the two parties to the joint venture, and even if China has a slight advantage, will the foreign party expand its shares if it wants to?

China automobile joint venture will be fully liberalized. What do you think of this matter?

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