Bill Russo to Discuss Chinese Auto Market at Investor Conference Call

Investor Conference Call, April 4, 2013

Chinese Auto Market at an Inflection Point
Slowing Sales and Crowded Competitive Landscape Challenge Ford and GM

Bill Russo is President of Synergistics, Ltd, a consulting firm to the auto market and he has more than 25 years of experience in the industry. Prior to Synergistics he was VP of Chrysler Northeast Asia, where he successfully negotiated and secured government approval for six vehicle programs with three different Asian partners. In this time period, he launched a regional holding company as well as two distribution companies and oversaw the industrialization of the first Chrysler and Dodge-branded vehicles in Asia. As Director, Product & Business Strategy at DaimlerChrysler, Bill led the integration of three key functions: strategic and long-range product planning and the capital investment plan. He holds a U.S. Patent for his innovative efforts towards reducing automotive new product development cycle time and is a published author and opinion leader whose viewpoints have appeared throughout several media outlets.

-  China’s automotive industry has arrived at an inflection point, following a period of rapid growth that culminated with a stimulus-driven surge in demand in 2009-2010. Since then, the industry has sharply decelerated, with total auto sales growth slipping to 2.5% in 2011 and 4.3% in 2012.   Although overall market growth has decelerated, there is still sustainable and healthy activity occurring in lower-tier regions of the country, as well as in certain segments such as premium cars and compact SUVs.
-  With our expert, Bill Russo, we’ll analyze how the Chinese auto market is downshifting to a more sustainable growth pattern in line with GDP.  We’ll evaluate the intense competition among the foreign and domestic brand vehicle manufacturers as they attempt to adjust to this new pattern while maintaining profitability. We’ll examine consolidation opportunities and look at automotive suppliers and dealership dynamics. We’ll conclude with a focus on General Motors and Ford and how the companies are positioned to pursue expansion in the Chinese auto market.

For more information, contact:

Michael Cohen

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