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Old 04-04-2006, 04:16 PM   #1
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HONG KONG (Dow Jones)--Carmaker China Great Wall Motor Co. (2333.HK) said Monday its 2005 net profit rose 9.4%, lifted by a surge in exports to eastern Europe and the Middle East.
Net profit for the year ended Dec. 31, 2005 totaled CNY441.0 million, up from CNY402.9 million the previous year. Revenue rose to CNY3.81 billion from CNY3.18 billion. Hebei-based company recommended a final dividend of 10 fen a share, unchanged from the previous year.

Great Wall Motor, which manufacturers mainly pick-up trucks and sport utility vehicles, attributed the rise in its profits to robust export performance and signs of recovery in the Chinese auto industry, which had been in the doldrums for several years.
The company sold 57,198 vehicles in 2005, up more than 20% from the previous year, with revenue from auto sales rising 23% to CNY3.58 billion.
During the year, Great Wall Motor exported 14,326 vehicles, nearly quadrupling from 2004 and accounting for 25% of total sales volume. About 80% of all exports were pick-up trucks.
"We will continue exploring various overseas markets with an aim of achieving a 50-50 domestic and overseas sales mix in 2008," said Great Wall Motor Chairman Wei Jian Jun.
The company's major export markets are in Russia, Iraq, Ukraine, Saudi Arabia and Algeria


souce:http://sg.biz.yahoo.com/060327/15/3znlw.html
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Old 07-11-2006, 04:37 PM   #2
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Default USA Distribution

ZAP the independent usa auto distributor desires to distribute vehicles made in China to usa . Particularly interested in high mileage, electric or hybrid models.

contact: Gary Starr [email protected]
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Old 09-12-2006, 06:43 AM   #3
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Default Great Wall H1 profits thrive

"CHINA Great Wall Motor Co Ltd said yesterday that first-half net profits surged 81 percent on high sales of pickup trucks. The company also announced it will delay construction of a manufacturing facility in Russia.

Net profits rose to 367 million yuan (US$45.8 million) for the first six months of this year, up from 202 million yuan a year earlier, Great Wall said in a statement to the Hong Kong Exchange yesterday. The profit increase was fueled by a year-on-year 61.3 percent boost in sales of pickup trucks globally. More than 24,591 units were sold, accounting for 63 percent of the company's total sales of 38,509 vehicles during the first half of this year.

Sales revenue also rose 57.7 percent to 2.52 billion yuan despite higher excise taxes on gas-guzzling pickups. China's demand for pickups will expand 10 to 15 percent annually for the next five years, boosted by massive construction projects, company spokesman Shang Yugui told Shanghai Daily yesterday.

The company's profit margin dropped 1 percentage point to 26 percent over the first half of the year, mainly due to an increased excise tax on vehicles with engine larger than four-liters. Great Wall has accelerated its expansion of exports as domestic market competition intensifies, Shang added. The company aims to export more than 30,000 units this year, up from 18,000 last year.

The company has postponed plans to set up a manufacturing facility in Russia, one of its largest export destinations due to problems getting approval for the project. The wholly owned plant, which was expected to turn out 20,000 units annually, was scheduled to start construction this October."
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Old 09-12-2006, 12:47 PM   #4
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great wall is doing great
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Old 09-12-2006, 04:50 PM   #5
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Default China exports 500 vehicles to Italy

Sep. 8, 2006 (China Knowledge) – China's Great Wall Motor Co. Ltd has exported 500 sports utility vehicles (SUVs) to Italy, according to the China Economic Net website today.This is the first time local automobiles have been exported to the European market.Great Wall Motor won the order after it exhibited its SUVs at the 30th International Automobile Exhibition at Italy’s Bologna in December last .....


http://www.chinaknowledge.com/news/n...l.aspx?id=4245
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Old 09-18-2006, 06:51 PM   #6
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Default Great Wall Motor Co. NEWS

N E W S11.07.2006
Top 6 of SUV and PICKUP Brand of First Half Year
According to the news of China Auto Industry Association, from January to June, the total sales volume of SUV and Pickup is 109173 units. Among them, 18,000 units are GWM, which account for 16.6% of the whole sales volume. The following is Dongfeng Honda, 13,200 units and 12.1% of market share, and Beijing Hyundai, 12,700 units and 11.71% of market share. Then Changfeng Liebao12300 units by 11.4%, Beijing Benz 8800 units by 8.1%, Chery 8600 units by 7.9%. Till June, GWM SUV has been the champion of the sales volume for three and half consecutive years.

In terms of single SUV Model, Hover was ranked the third place following CR-V, Tucson, and the forth and fifth models are Liebao and Ruihu. The Sales volumes for each model are listed as: 11900, 13200, 12700, 9800, and 8600.

Comments from expert say that the increase of the major brand lies on the continuous improvement in the adverse circumstance. And the marketing performance of Hover contributed much for the champion—GWM, the self determination brand. From the beginning of 2006, it has kept the No.1 in each month. For this, it is regarded as “well expected and well performanced model”.

The lastest data from China Auto Industry Association shows that GWM Pickup is in the highest flight with the total volume of 24955 units, followed by Jiangling, 12515 units, Zhongxing 9168 units, Nissan 9098 units, Foton, 6504units and Qingling 4440units

GreatWALL are working very good
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Old 09-18-2006, 07:05 PM   #7
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Looks like they are working hard Dennis

IMO they have to work harder and get rid of the rebadged vehicles and do some good old fashion engineering and make there own designs to be taken seriously in Europe, US etc.
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Old 09-18-2006, 07:06 PM   #8
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Default Greatwall Motor Company up Date News

This kind of pickup holds the first position in 4 aspects: the first pickup equipped with electric controlled high pressure common rail INTEC diesel engine; the first pickup which integrates the spacious room and the loading capacity of pickup and combines the practicability, motility and security together; the first pick up with the ability of dragging, off road and loading and sitting; the first pickup which absorbs the occidental style both from appearance to interior decoration.

Wingle shows its advantage mainly in the diesel engine which adopts electric-controlled high pressure common rail technology. This engine is the achievement of the first cooperation in China with world class BOSCH Company which takes the leading position in technology of diesel engine. It is called INTEC--King of intellectual oil saving. Speaking of it, Ms. Wang Fengying gave voice to her courageous words,” We will take the lead in the power of integration and innovation and start ‘the heart of China’.”

At the press conference, Mr. Lin Fan, Sales Superior in Chinese region of BOSCH Company gave a brief introduction to the engine. This engine features higher acceleration, quick and accurate reaction and easy to control with electric oil valve after dismantling the oil valve wire; high torque at low speed, plenty power and long response time make it superior to the traditional pressure diesel engine, and thus solve the problem of max torque lasting for short time and power unsteadiness. Another advantage of electric controlled high pressure common rail fuel direct injection technology is steady running and low noise. The noise is 16% lower than traditional high pressure diesel engine; under the accurate control of ECU computer, the fuel injection pressure is higher and pulverization is excellent, then it makes the combustion efficiency 8% higher and 100KM fuel consumption 20% lower than traditional high pressure diesel one; it can be easily started at -35 ?; The emission reaches EURO III standard and leads the domestic diesel power. It is reported that this engine will be also equipped in HOVER diesel model.

VERY GOOD improving little by little every day
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Old 09-19-2006, 10:14 AM   #9
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Default from sluggish to strong

Great article Dennis about the good news for GWM. This engine, with its optimized torque will give Great Wall a big advantage in foreign markets.



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Old 10-14-2006, 01:06 AM   #10
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Default GWM to Adopt ABB Robots

Tuesday, October 10, 2006; Posted: 11:10 AM
BAODING, Oct 10, 2006 (SinoCast via COMTEX) -- Recently, Great Wall Motor Co., Ltd. (GWM), signed an agreement with ABB (China) about accepting the stamping automation system from the later. This is the largest cooperation of ABB (China) with a China's private automaker, after the ABB Global Robotics Headquarters opened in Shanghai this April.
GWM is the largest privately owned automotive manufacturer in China, while ABB is a global leader in power and automation technologies. GWM will use the system in its sedan project.
According to the agreement, ABB (China) will provide two production lines using robots for the newly built production base of GWM in Baoding, including the de-stacker system and the stamping automation system with twelve robots, to enlarge the enterprise's capacity.
This project will be put into production next March, and will increase the production capacity of GWM to 400,000 ones.
Presently, GWM annually produces 200,000 kinds of pichups and SUVs and 200,000 engines.??
From www.nbd.com.cn, Page 1, Monday, October 09, 2006 [email protected]
Copyright (C) 2006 SinoCast, All rights reserved
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