CBU 2010 Heavy-Duty Seminar
Dear Automotive Executive:
CBU/CAR (China Automotive Review) is preparing our CBU 2010 Heavy-Duty Seminar: Joint Venturing in China's Heavy-Duty Market: Current Challenges and Future Opportunities, to be held on December 13, 2010 at the Westin Beijing Chaoyang in Beijing.
The year 2010 has seen a boom of the heavy-duty vehicle market, with growth on par with that of passenger vehicles. This was due to a high replacement demand as the last boom year was in 2003. Sales growth of tractor trailers has been extremely bullish due to expanding construction and logistics demand.
We have seen a high replacement demand in 2010 as the last boom year for heavy-duty vehicles was 7-8 years ago in 2003. Sales growth of semi tractor trailers has been significantly higher than any other vehicle types due to the expanding construction and logistics markets. The sustained growth of China's economy and infrastructure development is expected to support the stable growth of the heavy-duty vehicle market for many years to come.
These industry characteristics have not only driven up interest for market expansion from existing players like Dongfeng Motor and Beiqi-Foton. They have also attracted investment from new players such as Chery and Chang'an. Expanding market demand, stricter emission standards and growing need for advancement powertrains and technologies offer renewed interest from multinational heavy-duty OEMs and suppliers to reevaluate China market conditions for possible new investment. Top multinational commercial vehicle manufacturers such as Daimler Trucks, Volvo Truck and Navistar are actively looking for new investment possibilities.
The 2010 Heavy-Duty Seminar will therefore focus on: Joint Venturing in China's Heavy-Duty Market: Current Challenges and Future Opportunities.
The 2010 Heavy-Duty Seminar will be kicked off with a welcome dinner on December 12, (Sunday 19:00-21:00). The one-day general session on December 13 will feature keynote addresses from CEOs of multinational and domestic heavy-duty vehicle manufacturers and government officials, a round-table discussion and presentations from industry analysts and senior OEM and supplier executives. The 2010 Heavy-Duty Seminar is sponsored by WABCO Vehicle Control Systems and Old World Industries, Inc.. Our media partners are Modern Logistics News (http://news.xd56b.com), CVWORLD.CN (www.cvworld.cn), Motorlink (www.motorlink.cn), Gasgoo.com (http://cn.gasgoo.com), find800.cn (http://www.find800.cn), 360che.com (www.360che.com) and dache168.com (www.dache168.com).
Since 1996, CBU/CAR's annual international conferences and seminars has evolved into a unique annual gathering of Chinese and multinational executives. It is both a value-added event for in-depth discussions of the China market and a high-level and rewarding networking opportunity. Our 2010 Global Automotive Symposium (GAS 2010), held this past April, attracted more than 230 attendees and nearly 50 distinguished speakers. For a recap of GAS 2010, please visit our GAS 2010 site.
As in the past, the 2010 Heavy-Duty Seminar will be covered in-depth by our weekly newsletters CBU-Auto (English) and Zhongguo Qiche Yaowen (Chinese, www.cbuauto.com.cn), biweekly newsletter CBU-HeavyDuty (English) and monthly magazine China Automotive Review (www.chinaautoreview.com). It will be broadcast live by leading Chinese automotive portals and covered by international and local business and professional media through our free media attendance program.
If you are interested to sponsor or to speak at the 2010 Heavy-Duty Seminar, please contact Lei Xing, our conference coordinator, at firstname.lastname@example.org.
Wayne W.J. Xing, Ph.D., Conference Chair