Quote of the Day: Chinese Meritocracy Edition

Edward Niedermeyer
by Edward Niedermeyer

Getting involved in European companies is likely to bring a complexity of personnel management that will blow their minds.

European auto analyst Graeme Maxton in an Automotive News [sub] report on potential issues with Chinese buyouts of western auto brands. “I’m not sure they can handle a brand like Volvo and turn it around,” adds an anonymous “senior executive working in China with a major U.S. automaker.” To be fair, Maxton concedes that auto-sector mergers are difficult under any circumstances, but that doesn’t stop AN [sub] from trotting out an ominous quote from BAIC chairman Xu Hey, who blames “western discrimination” for China’s trouble wooing established brands.

If we were unable to sail through choppy waters on our own, we still have a chance to get to the other side of the ocean by taking other people’s boats.

Saab’s boat, in this case. Xu’s firm recently bought a minority holding in Koenigsegg Group, which is taking Saab off of GM’s hands. And actually, this approach shows that the Chinese are approaching their brand acquisitions with a little more finesse than the stereotypes (and AN‘s breathless coverage) suggest.

Though bad experiences with Hummer, Ssangyong and ( until recently) Roewe point to possible issues, it’s way too early to write off Chinese stewardship of western auto brands wholesale. American and European OEMs can wail to the heavens about Chinese incompetence, but at least China’s market is growing. Like crazy. If Chinese firms want the brands and they’re paying cash, why refuse to sell them for the patronizing reasons that litter AN‘s analysis?

Meanwhile, where were these people when the Daimler-Chrysler deal was going down?

Edward Niedermeyer
Edward Niedermeyer

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  • Wsn Wsn on Sep 15, 2009
    Ronnie Schreiber : September 15th, 2009 at 12:00 am Changfeng uses the Liebao (Leopard) brand name, and in front of their factories and offices they have a statue of a leaping leopard. Any similarity to Jaguar’s leaper is, I’m sure, cough, cough, completely coincidental. ------------------------------------------------- As coincidental as both Porsche and Ferrari use a prancing horse and the two factories are within 1000 miles of each other.
  • Wsn Wsn on Sep 15, 2009

    BTW, "Liebao" is not Leopard. It's Cheetah. Very different animal, even though they do have some resemblance.

  • W Conrad Sedans have been fine for me, but I were getting a new car, it would be an SUV. Not only because less sedans available, but I can't see around them in my sedan!
  • Slavuta More hatchbacks
  • ED I don't know what GM is thinking.I have a 2020 one nice vehicle.Got rid of Camaro and was going to buy one.Probably won't buy another GM product.Get rid of all the head honchos at GM.This company is a bunch of cheapskates building junk that no one wants.
  • Lostjr Sedans have been made less practical, with low rooflines and steeply raked A pillars. It makes them harder to get in and out of. Probably harder to put a kid in a child seat. Sedans used to be more family oriented.
  • Bob Funny how Oldsmobile was offering a GPS system to help if you were lost, yet GM as a company was very lost. Not really sure that they are not still lost. They make hideous looking trucks, Cadillac is a crappy Chevy pretending to be fancy. To be honest, I would never step in a GM show room now or ever. Boring, cheap ugly and bad resale why bother. I get enough of GM when i rent on trips from airports. I have to say, does anybody at GM ever drive what everyone else drives? Do they ever then look at what crap they put out in style fit and finish? Come on, for real, do they? Cadillac updated slogan should be " sub standard of the 3rd world", or " almost as good as Tata motors". Enough said.
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