Auto sales in China are on fire, but how can U.S. suppliers find and capitalize on opportunities in the world's largest market?
That is among the topics to be discussed by four experts on the Chinese auto industry at the Automotive News World Congress on Thursday, Jan. 13.
The speakers are:
-- Freeman Shen, senior vice president at Volvo Car Corp. and vice president of Volvo's owner, Zhejiang Geely Holding Co.
-- Dazong Wang, President of Beijing Automotive Industry Holding Co. Ltd.
-- Ling Wu, Managing Director of Amherst Partners, an investment banking firm.
-- Jun Ni, a professor of mechanical engineering at the University of Michigan.
Each brings a different perspective on the huge topic of business prospects in China.
Shen oversees Volvo's China operations. Previously he was in charge of Geely's overseas business. Earlier in his career he played a key role in the growth of both BorgWarner and Fiat in China and Asia.
Wang has been president of BAIC since February 2008. For two years, BAIC has been the fastest-growing major auto company in China. Vehicle production has increased from 680,000 in 2007 to 1.24 million in 2009 and is expected to hit 1.5 million in 2010.
At Amherst Partners, Wu has helped several U.S. and Chinese companies in mergers and acquisitions and in corporate restructuring.
Ni is the founding dean of the University of Michigan-Shanghai Jiao Tong University Joint Institute in Shanghai. He also is director of the S.M. Wu Manufacturing Research Center.
The Automotive News World Congress will be Jan. 11-13, during media days at the North American International Auto Show in Detroit.