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Real-life experience of managing a successful joint venture in China
It was a herculean task for any senior expats from MNCs to manage a 50:50 equity joint venture in China twenty five years ago. China had just opened its economic door to the west and those management practices seemed to be common and best in host countries might be very difficult to apply there. In this book, the author was the deputy managing director of a very successful joint venture, Shanghai Volkswagen, between 1985 and 1988 and he recounts what never-ending flood of management problems he had encountered and how he and his joint venture partners could seek different solutions in the process of transforming a backward-looking joint venture into a modern and admirable world-class firm.Most of the books about doing business in China are written by either journalists (Plafker's "Doing Business in China: How to Profit in the World's Fastest Growing Market") or scholars (Yan's International Joint Ventures in China", Chen's "Inside Chinese Business") and this book is...
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Posth arrived in China with a vision. He navigated a steep learning curve, achieved his goals and now shares an insightful, first-hand account of an intriguing journey that included bumps and highlights. 1,000 Days in Shanghai is a breathtaking manual for anyone contemplating a business career in the increasingly vibrant arena of today's China. It is also a personal account, done with great sensitivity, revealing between the lines a deep respect for the spirit that propels China's social and industrial revolution today.
—Hans Michael Jebsen, Chairman, Jebsen and Co., Ltd.
To really understand China's economic development, one needs to look at the history of individual projects. This applies in particular to those who are considering a venture on site. This book by Martin Posth is a unique document on the subject: evidence of profound knowledge, didactically sound, with comprehensible conclusions--simply readable!
—Prof. Heinrich v. Pierer, Former Chairman of the Supervisory Board, Siemens AG, Former Chairman of the German Asian-Pacific Business Commission, Co-Chairman of the German-Chinese Dialog Forum
This book is a must-read for anyone seeking to work in or via China. The personal experiences of a pioneering manager can also help management to see the transformation of China in a new light. Anybody wanting to be successful in China should heed the practical lessons that Martin Posth draws.
—Prof. Dr. Eberhard Sandschneider, Otto-Wolff-Director, Research Institute, Executive Officer, German Council on Foreign Relations (DGAP)
In establishing the Volkswagen works in Shanghai at the beginning of Deng Xiaoping's reform era, Martin Posth made a breach in the wall behind which the People's Republic of China had dug its trenches up until then. His experiences are useful for anyone wanting to work the Chinese market with any degree of success. The fascinating reading that his report makes, and heeding his lessons, can help any entrepreneur to avoid costly mistakes.
—Dr. Theo Sommer, DIE ZEIT, Editor-at-Large
For the Chinese, this book by Martin Posth is a historic document on the Open Door Policy for foreign investors. It is a must-read.
—Prof. Xu Kuangdi, Mayor of Shanghai 1995-2001; Chairman, China Federation of Industrial Economics (CFIE); Co-Chairman of the German-Chinese Dialog Forum Top to learn more
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Scholarly Research Paper from the year 2010 in the subject Business economics - Operations Research, printed single-sided, grade: 1,0, Munich University of Applied Sciences, language: English, abstract: Volkswagen Group is based in Wolfsburg, Germany, ranks among the world's leading automobile manufacturer and is the largest carmaker in Europe. Therefore the Group posses 11.3 percent share of the world passenger car market and holds 20.9 percent of the European automobile market. The Volkswagen Group with its nine brands (Audi, SEAT, Å koda, Volkswagen, Volkswagen Commercial Vehicles, Bentley, Bugatti, Lamborghini and Scania) offers a broad product range from low-consumption small cars to luxury class vehicles. For simplicity reasons the Volkswagen Aktiengesellschaft (as parent company of the Volkswagen group) is referred to as Volkswagen or VW where as the whole Volkswagen Group is either referred to as Volkswagen (VW) Group or Group within this paper. Despite the Group's international alignment it is currently only slightly represented in India. As it has entered the Indian passenger car market ten years ago, significantly later than its Japanese and American competitors, its current market share amounts only to two percent. Because potential customers are increasing, the automotive industry is getting more dynamical and international and government's politics are focusing on economic growth, India could become the future key market to the automotive industry. Due to the eminently strong growth of the Indian main street and the proceeding social change, as the younger generation wants to go for a distinguished career, especially the Indian minicar market's (IMM) potential is higher than ever before. As Volkswagen Group is alive to the importance of this market but lacking in appropriate knowledge how to produce cheapest cars in large-scale production, it considers strengthening the cooperation with Suzuki Motor Corporation and Volkswagen by building a Joint Venture Top to learn more
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This is a brand new black badgeless sport grille. It is made of high quality ABS plastic, and can be painted to any color. Excellent fitment and easy to install. Perfect for a nice, aggressive look! Top to learn more
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This digital document is an article from WWP-Business Opportunities in Eastern Europe & the CIS, published by Thomson Gale on March 1, 2006. The length of the article is 788 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: RUSSIA: Construction start-up on planned 250,000 vehicle per year assembly plant is now scheduled to begin in May 2006, VOLKSWAGEN AG (VW) [Germany] Project #: 033806.
Publication: WWP-Business Opportunities in Eastern Europe & the CIS (Newsletter)
Date: March 1, 2006
Publisher: Thomson Gale
Volume: 14 Issue: 03
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This digital document is an article from WWP-Business Opportunities in Asia & the Pacific, published by Worldwide Projects, Inc. on June 1, 2005. The length of the article is 469 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: INDIA: Construction plans for proposed $900,000,000 automobile plant are likely to be approved within 1 month, VOLKSWAGEN (VW) [Germany] - Order #: 065705.
Publication: WWP-Business Opportunities in Asia & the Pacific (Newsletter)
Date: June 1, 2005
Publisher: Worldwide Projects, Inc.
Volume: 14 Issue: 06
Distributed by Thomson Gale Top to learn more
Business, Business News, Business Opportunities Concept 1 At the 1994 North American International Auto Show, Volkswagen unveiled the J Mays-penned "Concept 1" with lines heavily influenced by the original Beetle. First generation 2003-2005 New Beetle convertible Strong public reaction persuaded the company to move the car into production,[citation needed] and in 1998 Volkswagen launched the New Beetle, designed by J Ma. It is used for calculating the monthly loan related compensations that are necessary to pay after you buy the car for some loan. There are a lot of advantages of buying a car.
With VW-Audi’s fiances what they are ( not what they’re reporting ) along with the new debt they’ve just incurred with this Ducati purchase VW -Audi and now Ducati as well are heaing for a major fall. VW Group has become the General Motors of Germany. All so VW- Audi can satisfy their BMW envy thats been in place since VW-Audi and BMW went head to head over the ownership of Rolls Royce. Now we’ll be able to count on the combination of Audi reliability ( very bad as are all VW -Audi products ) as well as the inherent lousy Italian reliability of Ducati. Revenue for for 2011 were $630 million (480 million euros)In April 2008 the Volkswagen Group already tried to buy Ducati before eventually losing out to Investindustrial SpA. VW/Audi is the same as the toyota/lexus connection, but Audi’s leave you scratching your head going , “thats it. this is what i payed for. Bad news , Bad news and even more bad news.
“For the first time, a Nokian tyre wins a GF tyre test…and it completely deserves to, as the very balanced Finn manages to reach top marks not only for braking on wet surfaces, but also for rolling resistance,” the magazine commented. The Nokian Z G2 won the Gute Fahrt (3/2012 edition) summer tyre test, which included six size 225/45 R 17 W tyres, and received the top “very good“ grading. The frontrunner Nokian has 22 per cent less rolling resistance than the worst ranked tyres, meaning that it can save up to half a litre of fuel per 100 km compared to them.
By CHRISTOPH RAUWALD FRANKFURT—The top labor representatives of Volkswagen AG and its Audi luxury brand said on Friday they expect binding commitments to secure jobs at Audi's two main plants in Germany before agreeing to a new plant in North America.
This will mean travelling to VW's theme park, located next to the VW headquarters in Germany. The glass towers of the Autostad, or car town, are the world's biggest car delivery centre and an icon in Wolfsburg. The cars are built in a plant next door
His grandfather designed the original Volkswagen Beetle for the Nazi regime in Germany in the 1930s as well as tanks that were used by the Germans in World War II. As a child, "Butzi" — as he was known to his family and business associates — enjoyed
