Mitsubishi/Soueast Motor news

Raul · 04-21-2006, 01:01 PM

Mitsubishi Motors has agreed to take a 25% share in Soueast (South East) Motor Co (SEM), which is located in Fujian Province.

Under the agreement Mitsubishi Motor will take 20 percent of Soueast shares this year and its shareholding will rise to 25 percent next year.

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Xinhua News

Soueast (SEM) is authorized to produce vehicles with the brand of Mitsubishi and it will learn from Mitsubishi's expertise through the cooperation, said Soeast (SEM) president Lin Yuzhang.

Mitsubishi was optimistic about the Chinese market and hoped to build SEM into its production and sales base of sedans, multi-purpose vehicles and light commercial vehicles, said president Osamu Masuko.

SEM is the largest auto joint venture with investment from across the Taiwan Straits, producing and selling 300,000 vehicles every year.

It was jointly founded in 1995 with a registered capital of 138 million U.S. dollars by Fujian Auto Industrial Co., Ltd and China Motor Corporation of Yulon Enterprise Group, the largest auto group in Taiwan.

Under the new agreement, Fujian Auto Industrial will keep its 50 percent shareholding while the Taiwan company will transfer some of its shares to Mitsubishi.

Mitsubishi holds 14 percent of the motor corporation of Yulon (Yue Loong) and has been providing technologies for SEM, according to Lin Yuzhang.

**Admin** · 04-21-2006, 06:45 PM

this is great news!!

congrats to SEM!!!!!

**Admin** · 04-22-2006, 10:42 AM

IF SEM keeps growing, i might have to add a forum for them soon

The Alchemist · 04-28-2006, 07:55 AM

Soueast Lioncel is one of my favorite Chinese made cars at the moment. Not saying much but still a decent car.

sherif · 05-20-2006, 07:50 AM

I did not find soueast company among the chiness car manufacturers

**Admin** · 05-20-2006, 02:26 PM

its there....just not in the forums...and welcome to chinacarforums sherif

dirextor · 03-14-2008, 03:15 PM

Hello everybody!

Is someone knows what connection between Jackie Chan and Soueast Motor Co LTD? I have found a news topic on an official site of Soueast but cannot translate it. There is some photos from thise site, i had downloaded:

It seems to me, that Jackie Chan is a person of the company and will represent production on external and a home markets. Correct me if I wrong, pls.

P.S. Sorry about my English.

Joest · 03-15-2008, 05:27 PM

Jackie Chan has been hired by Mitsubishi many years ago. Not only he made many commercial for the brand, but it's also stated in his contract that in his movies, he can't drive any car but Mitsubishi.

So, it's no surprise that in China, he makes a few speech at SouEast Mitsubishi

ash · 03-15-2008, 08:16 PM

cool did not know that

dirextor · 03-16-2008, 07:37 AM

Quote:

Originally Posted by Joest

Jackie Chan has been hired by Mitsubishi.
So, it's no surprise that in China, he makes a few speech at SouEast Mitsubishi

Yes, I know that! But I actually more interested is that true facts about my guess... However I practically have no doubt about it.

04-21-2006, 01:01 PM	#1
Raul Senior Member Join Date: Feb 2006 Location: Finland Posts: 547	Mitsubishi/Soueast Motor news Mitsubishi Motors has agreed to take a 25% share in Soueast (South East) Motor Co (SEM), which is located in Fujian Province. Under the agreement Mitsubishi Motor will take 20 percent of Soueast shares this year and its shareholding will rise to 25 percent next year. -------------------------------------------------------------------------- Xinhua News Soueast (SEM) is authorized to produce vehicles with the brand of Mitsubishi and it will learn from Mitsubishi's expertise through the cooperation, said Soeast (SEM) president Lin Yuzhang. Mitsubishi was optimistic about the Chinese market and hoped to build SEM into its production and sales base of sedans, multi-purpose vehicles and light commercial vehicles, said president Osamu Masuko. SEM is the largest auto joint venture with investment from across the Taiwan Straits, producing and selling 300,000 vehicles every year. It was jointly founded in 1995 with a registered capital of 138 million U.S. dollars by Fujian Auto Industrial Co., Ltd and China Motor Corporation of Yulon Enterprise Group, the largest auto group in Taiwan. Under the new agreement, Fujian Auto Industrial will keep its 50 percent shareholding while the Taiwan company will transfer some of its shares to Mitsubishi. Mitsubishi holds 14 percent of the motor corporation of Yulon (Yue Loong) and has been providing technologies for SEM, according to Lin Yuzhang. __________________ "It took Japan 40 years to become a great automotive nation. It took South Korea 20 years. I think it will take China as little as 10 to 15 years." Giorgetto Giugiaro

04-21-2006, 06:45 PM	#2
Admin Chery Driver Join Date: Jun 2005 Posts: 1,055	this is great news!! congrats to SEM!!!!! __________________ Chinese Cars/Auto Community - for anyone interested in Chinese Cars

04-22-2006, 10:42 AM	#3
Admin Chery Driver Join Date: Jun 2005 Posts: 1,055	IF SEM keeps growing, i might have to add a forum for them soon __________________ Chinese Cars/Auto Community - for anyone interested in Chinese Cars

05-20-2006, 02:26 PM	#6
Admin Chery Driver Join Date: Jun 2005 Posts: 1,055	its there....just not in the forums...and welcome to chinacarforums sherif __________________ Chinese Cars/Auto Community - for anyone interested in Chinese Cars

03-14-2008, 03:15 PM	#7
dirextor Junior Member Join Date: Feb 2008 Posts: 5	Soueast news Hello everybody! Is someone knows what connection between Jackie Chan and Soueast Motor Co LTD? I have found a news topic on an official site of Soueast but cannot translate it. There is some photos from thise site, i had downloaded: It seems to me, that Jackie Chan is a person of the company and will represent production on external and a home markets. Correct me if I wrong, pls. P.S. Sorry about my English. Attached Thumbnails Last edited by dirextor; 03-14-2008 at 03:39 PM.

04-28-2006, 07:55 AM	#4
The Alchemist Join Date: Apr 2006 Posts: 7	Soueast Lioncel is one of my favorite Chinese made cars at the moment. Not saying much but still a decent car.

05-20-2006, 07:50 AM	#5
sherif Join Date: Apr 2006 Posts: 1	I did not find soueast company among the chiness car manufacturers

03-15-2008, 05:27 PM	#8
Joest Senior Member Join Date: Jun 2007 Location: France Posts: 165	Re: Jackie Chan is a face of Soueast (Mitsubishi)? Jackie Chan has been hired by Mitsubishi many years ago. Not only he made many commercial for the brand, but it's also stated in his contract that in his movies, he can't drive any car but Mitsubishi. So, it's no surprise that in China, he makes a few speech at SouEast Mitsubishi

03-15-2008, 08:16 PM	#9
ash CCF Mod Join Date: Dec 2005 Posts: 807	Re: Jackie Chan is a face of Soueast (Mitsubishi)? cool did not know that __________________ Tata Motors - India's Biggest Car Manufacturer

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