May 30, 2015
No matter how big or small your business is or what industry you work in, chances are you use vehicles in your day-to-day operations. Whether it’s a single company car to get you around or a fleet of vehicles involved in multiple projects, in today’s competitive marketplace, vehicles drive business.
Unfortunately,commercial vehicle insurancecan often be complex and difficult to understand. Without this unique form of coverage, however, you could face financial losses that could seriously damage your company. With that in mind, here are five simple ways to tell if you need commercial vehicle insurance.
1. You Use Your Vehicle in aCommercial Capacity
The first question to ask yourself is whether or not your vehicle is being used for business. For example, if your vehicle is being used on a regular basis to carry equipment, deliver goods, transport people or provide a service (such as towing or snowplowing), you’ll need commercial vehicle insurance to properly protect you and your business.
That being said, different types of vehicles also require different types of commercial vehicle insurance. A taxi for example, would have different requirements than a vehicle used by a sales person, and a long-haul truck may also require some additional form of transportation insurance. The best way to be certain that you have the right type of commercial vehicle insurance is to speak with your broker and see what options are available.
2. You OperateMultiple Vehiclesfor Your Business
If you operate four or more vehicles in support of your business, you may want to consider a specialized type of commercial vehicle insurance known as Fleet Insurance. This type of coverage tends to cost less than individually ensuring each vehicle and often provides a single policy that covers multiple vehicles (making administration and renewal much easier).
Fleet Insurance also allows you to maintain multiple employee drivers, allowing you to have a flexible commercial vehicle insurance policy that can meet the demands of your business.
3. Employees Drive Your Vehicle
If employees (or anyone else associated with your business) drives your vehicle, then you’ll definitely need some form of commercial vehicle insurance in place. As mentioned earlier, Fleet Insurance allows you to haveauto parts supplieras drivers of your vehicles, but you can also customize your policy to select only a few key personnel.
Regardless of what specific type of policy you choose, if any employees are operating your vehicle, then you’ll need some form of commercial vehicle insurance to protect you from any financial damages that might result from an accident.
4. Your Business Could Suffer as a Result of aVehicle Accident
Two of the biggest risks you could face as a business owner are incorrect coverage or insufficient limits of coverage. In the case of incorrect coverage, you could be sued if you’re operating your vehicle for a business but only have personal automobile insurance. In the case of insufficient limits, the type of commercial vehicle insurance you have may not be enough to cover the full financial extent of the damages.
In either case, if the amount of potential financial damages could cause irreparable harm to your company, you should immediately speak with your broker to find the right type of commercial vehicle insurance.
As a general rule when looking for commercial vehicle insurance, you’ll want to make sure you have a knowledgeable team of insurance brokers who will understand your business’ specific needs. Additionally, a qualified insurance broker can help implement a risk management program to help eliminate potential problems before they occur. Most importantly though, having the rightcommercial vehicleinsurance in place means that you can spend more time focusing on your business and less time worrying about what might happen on the road.
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May 29, 2015
1, Increase the development of key parts and technology and improve the added value of the product.
One of the main advantages of China'sauto parts exportsis the low labor costs. However, in 2010, the majority of provinces and cities have increased the minimum salary standard, our employment costs are gradually improving, auto parts products in the price advantage is diminishing. Therefore, only increase investment in product development funds, strengthen the development of key components and technology, improve the technology and added value of auto parts products, can we obtain greater profit space.
2, Vigorously develop new markets while continually consolidate the traditional market.
Our country always encourages theauto parts enterprisesto expand foreign market and introduces a series of supportive policies. In such aspects as finance and export credit, the country gives strong support for national auto parts export enterprises and export bases, so domestic auto parts export enterprises should grasp the opportunity. They should strengthen the traditional vehicle markets in developing countries, at the same time, increase the market development in India, Brazil and Russia and try to occupy foreign markets and the middling and high level market of developing countries.
3, Attaches great importance to the e-commerce, reduce thetrade cost.
As we all know, e-commerce business not only can save a significant reduction in manpower, material resources, reduce transaction costs and inventory, but also it can create a free and equal competition environment and a wider space of cooperation for small and medium-sized auto parts export enterprises to enter the international market, so all of auto parts export enterprises should grasp this new business opportunities.
4, Reasonably setauto parts export priceand avoid vicious competition.
At present, some domesticauto parts productionenterprises are eager to open the international market and often quoted prices far below the international average price. In fact, this is definitely not a wise move: First, the very low profit margin is not conducive to long-term development of enterprises; Second, in the eyes of some large companies, not the lower the price, the better it is. They maybe think the product quality without a reasonable margin will be greatly reduced. Therefore, in order to avoid the adverse consequences caused by disorderly quotation, domestic manufacturers must first grasp the international market before the quotation. In addition, the auto industry association should also organize auto parts export enterprises price self-discipline and against vicious competition.
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May 24, 2015
Auto parts productionis the basis of vehicle production. without a powerful component industry as a support, the automotive industry must be vulnerable. Global parts enterprises correspond with the oems. The development scale of auto parts industry is not only related to whether we can keep up with the pace of world, but also related to the orientation of the development of automobile industry, so the development mode will undoubtedly play a crucial role.
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1, Theindependent brandandinnovation
As the basis of automobile industry, auto parts is the essential factor to support sustained and healthy development of automobile industry. Especially in the currentautomotive industryare vigorous to carry out independent development and innovation, so the strong system for support becomes more impendency. Vehicle independent brands and technology innovation need spare parts as a basis, however, the independent innovation produces impetus for the development of vehicle industry. They are mutual influence and interaction.
2, Establish the idea ofglobal competition
The industry pattern of the world car industry is undergoing change. With the new round of the merger and reorganization, vehicle andauto partsoligopoly has been significantly appears. It has become the consensus that the vehicle and parts enterprises should form the idea of both competition and cooperation. Global sourcing, which is based on "best procurement principles", is becoming widely used in vehicle business. In the future, the specialization of the vehicle and parts enterprises will be more clear, namely the automobile enterprise is engaged in vehicle design, assembly and brand; Parts enterprises are responsible for modular, systematic design and manufacture. Therefore, our parts industry must establish the idea of facing global competition idea and comply with the trend of world auto development.
3, Gradually form theinterests’ communityof the vehicle and parts enterprises
In the development process of the automotive industry, vehicle and auto parts enterprises is actually a interests’ community. The strong brand of automobile enterprise depends onspare partsbusiness which should have advanced technology and management, reliable quality and reasonable cost; At the same time, the sale of vehicle provides a stable market for the auto parts enterprise. Therefore, this is a coexistence relationship between them. Only advance together, they can win common development.
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May 22, 2015
Not too many people knowautomotive trendsthe way the staff does at The Ohio State University's Center for Automotive Research (OSU CAR). This interdisciplinary research center at OSU's College of Engineering focuses on advanced electric propulsion and energy storage systems, engines and alternative fuels, intelligent transportation and vehicular communication systems, autonomous vehicles, vehicle chassis systems, and vehicle safety.
Otherengineering trendsfocus on improving transmissions (adding speeds), accessory load reduction through the intelligent energy management of other vehicle components, vehicle electrification, hybridization, improved battery management systems, new battery chemistries, and power electronics.
"Weight reduction in vehicle subsystems is also being tested by using lightweight structures made from alternative materials such as aluminum, magnesium, composites, plastics, and multi-material construction," adds Rizzoni.
Battery Systems
Battery management systems are being designed to meet performance, life, and warranty goals for both batteries and their monitoring and management systems. "Automakers need to fully understand how varying operational limits affect the life of battery systems through extensive testing and modeling, followed by developing sophisticated algorithms to track and predict various parameters, such as state of charge and state of health through the life of the battery," comments Rizzoni.
Downsizing and Turbocharging
The two main benefits in downsizing an internalcombustion engineare thermodynamic and mechanical. "From a thermodynamic point of view, the engine operation will move towards higher loads, at which the engine efficiency is higher," says Rizzoni. "From the mechanical point of view, the positive aspect lies in the reduction of the friction in the piston units, together with the reduction of the number of cylinders."
Downsized engines are lighter than conventional engines, thereby reducing vehicle mass and the improving vehicle fuel consumption. Turbocharging recovers the energy of the exhaust gasses to increase the inducted charge, therefore increasing the power-to-displacement ratio. "A downsized and turbocharged engine has the potential to have the same or better performance as a non-downsized, normally aspirated engine, with the advantage of a significant increase of fuel efficiency," says Rizzoni.
Advanced Combustion Modes
Engineers are working to increase the efficiency of internal combustion engines by developing several advanced combustion modes. One of these modes is called (homogeneous charge compression ignition) HCCI. In the HCCI combustion, a highly homogenized mixture of air, fuel, and combustion products from the previous cycle is auto-ignited by compression. "This combustion mode aims at combining the advantages of modern diesel and gasoline combustion processes, namely low emissions and high efficiency," states Rizzoni.
Another research trend targets ways to recover the energy that is normally dissipated through the coolant and the exhaust gas systems of automotive powertrains using innovative waste heat recovery devices. These systems can convert thermal energy intoauto parts onlineor electrical energy, thus increasing the overall efficiency of the vehicle. Organic Rankine cycle, thermoelectric systems, turbocompounding, and recuperative thermal management systems all have potential for significantly increase engine efficiencies. A smaller but still significant aspect of fuel-efficiency research is called "intelligent energy management." "This ability to more intelligently control the accessory loads in aCommercial Vehicle—such as the alternator or power steering, etc.—will also contribute to better gas mileage," says Rizzoni. "With smarter control of these loads and the addition of stop-start technology there can be significant increases in fuel economy, with small or no increase in total vehicle cost."
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May 21, 2015
Engine is the power source of the car, also is the heart of the car. It can effect the car’s performance, fuel economy and environmental protection. So, it is very crucial to keep the car’sengine maintenance.
Automobile engineis a higher value of mechanical products, so in the long-term use of the automobile, it inevitably occurs malfunction and damage. the basic task of engine maintenance is to adopt the corresponding technical measures to prevent the happening of the fault and avoid the damage of the parts. However, the basic task of theengine repairis excluding the fault and repair or replace the damaged parts so that the working ability and good condition of engine can be restored.
Engine is a component of automobile, so the basic requirements and methods of engine and vehicle maintenance are consistent.
1, The type ofengine maintenance
According to their nature, engine maintenance can be divided into preventive maintenance and non-preventive maintenance.
Preventive maintenance refers to the content and timing of the maintenance. According to the predetermined plan, its purpose is to prevent faults and maintain the working ability of the engine . Preventive maintenance also can be divided into routine maintenance and plan maintenance. For the routine maintenance, it is not the business of the car mileage, but it is the one of the plan maintenance.
Non-preventive maintenance is usually carried out in the engine maintenance after the failure. Inauto partsuse, the sudden fault has great randomness, it is very difficult to predict before a failure occurs, so it is impossible to maintain a pre-arranged plan.
2,The mode of engine maintenance
The mode of engine maintenance is a comprehensive embodiment of the maintenance's type, timing and content. Generally, it can be divided into regular, on-demand and afterwards.
3, The cycle of engine maintenance
The cycle ofengine maintenancerefers to the maintenance interval, generally based on vehicle mileage.
In a word, mainly engine maintenance is to keep the engine in a good technical condition so that it can prolong its service life.
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May 19, 2015
1,Enterprise reorganization
The world's major car companies have supply system reform, they implement the global production and global sourcing. that is multiple auto parts manufacturers purchase into the supplier purchase system for the minority; a single steam car parts purchasing into a module purchasing ;the implementation of domestic procurement into global sourcing. The reform ofvehicle purchase systemshould fit with auto parts’ manufacturers constantly.Automobile spare partsmanufacturing enterprises not only require to widen their strength, improve the ability of product development, system development, system supply, but also to shorten the development cycle and provide quality cheap products.
2,Mergerandreorganization, overseas mergers and acquisitions will speed up step by step
The increasing fierce price war of whole car market is nibbling the profit margins of parts industry, At the same time, the demand of reducing costs and ensuring profits have become increasingly harsh. However, the output value of China's autoauto parts industryis large in scale, but there isn’t scale effect, so the integration and restructuring of the auto parts industry is imperative.
3,Market concentrationis higher which it will appear the development of supply chain
Market concentration is higher, OEMs increasingly tend to be modular and systematic procurement. The collaboration of suppliers is more closer, which it makes the supplier system of global automotive parts evolves to the pagoda type structure. At last, the manufacturer responsible for supply chain management will make the cooperation of supply chain become more standardized.
4,Operation globalization
In order to reduce costs and occupy the market, many automotive multinational companies have the ideas of operation globalization. Europeanauto parts productionenterprises invest overseas to make the international development; North American auto parts manufacturers are invested in Europe, which would also like to expand in eastern Europe market; Japanese car companies also continue to establish their own branch on a global scale. Emerging Asia is a major focus of automotive Multi-National Corporation competition. China is the battleground.
For thedevelopment direction of China's auto parts, the 12th five-year plan putted forward that auto parts is one of the four big development, the key problem is to improve the capacity for independent innovation so that we can achieve the breakthrough in key assembly technology and electronic technology 。
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May 17, 2015
Cylinder blockis the main part of the engine which will contact each of cylinder and crankcase into a whole. At the same time, it is the supporting frame of installing piston, crankshaft and other parts.
Cylinder headis bolted to the top of the machine body and becomes the top part of diesel engine. Its functions are as follows:
1,Close the top of the cylinder sleeve; form a sealed cylinder working space with piston and cylinder sleeve.
2,The cylinder sleeve is pressed in the correct position so that thepistonoperates normally.
3,Install all kinds of diesel engine accessories. such as injection valve, intake & exhaust valve, cylinder starting valve, indicator valve, safety valves and valve rocker arm device etc.
4,Arrange intake & exhaust, cooling channel. etc.In the small high-speed machine ofcylinder sleeveis also decorated with swirl chamber or precombustion chamber, so the hole and channel in the cylinder sleeve is various and make its structure more complex shapes.
Camshaft is a part of the piston in the engine, its main body is a cylindrical rod which has the same length with cylinder group. its top have a plurality of cam, used to drive the valve. One end of thecamshaftis bearing support and the other end is connected to the drive wheels, that its role is to control the valve opening and closing action. because movement characteristics of the valve is related to the power and running properties of an engine, camshaft design occupies a very important position in the design process of engine.
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I Cuidado para Información mucho.
Yo estaba buscando buscar este particular, cierta información para un largo tiempo tiempo.
Gracias y la buena suerte . | Gran puesto. Estaba revisando continuamente constantemente este blog y soy impresionado!
Muy útiles Datos particular la última parte May 16, 2015
Many businesses rely on them every day. Ranging from company cars to trucks and vans with specialized functions,commercial vehiclehave their own risks, and require proper protection. This is especially important for businesses with commercial fleets.
Commercial fleets are not limited to large-scale vehicle operations; any company owning at least five powered vehicles has a fleet. As the number of vehicles increases, so do the potential risks. Companies are liable whether their business vehicle are being operated by an owner, employee, or volunteer. Without appropriate coverage, a business could be facing a large loss in the event of a collision, injury, or death.
Beneficially, insuring a fleet is often cheaper and more convenient than insuring each vehicle individually. Companies may also qualify for lower premiums with a good record and risk management programs that can include:
1. Full compliance with allmotor vehicleregulations
2. Formalized and documented preventative maintenance
3. Clear and comprehensive policies and procedures
4. Carefully screened and well-trained drivers
Taking steps to reduce risk helps commercial fleets avoid incidents in the first place, and also be prepared should any occur.
It is important to note thatspare parts enterpriseapplies only to vehicles owned by the company. For businesses where employees are required to use their own vehicles, the company also faces potential liability. In these cases, a business cannot insure an employee’s personal vehicle, but Non-Owned Auto Liability Insurance coverage—which, in most cases, is part of the commercial general liability portion of the property/casualty policy where qualified—will protect the business as a whole from a potential liability lawsuit.
The risks facing commercial fleets are as varied as the fleets themselves; each business has a unique group of vehicles to serve its individual needs. Protecting your business starts with making sure you have the appropriate coverage. Call your BrokerLink Broker today to discuss your current coverage, or to get help finding the right insurance coverage for yourDongfeng Commercial Vehicleneeds.
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May 15, 2015
Here come the Nissan Leaf and Chevy Volt, the early entrants in the U.S. electric vehicle marketplace and the end products of more than 20 years of automotive innovation and advanced research and development.
Environmentalists and green car advocates—along with a loyal following of public policyholders, car buyers, and engineers—herald the Leaf, Volt, and other electric vehicles (EVs) due to arrive in the next few years as symbols of hope for clean, energy-efficient transportation.
Time will tell if the newspare parts enterpriseestablish a significant foothold in the marketplace. But for now, the technology the electric vehicle aims one day to replace—the internal combustion (IC) engine—is thriving and enjoying significant gains in research and development activity.
At universities, national laboratories, and corporate R&D centers, engineers and scientists are pursuing research to increase design and performance efficiencies in the IC engine across the full range of vehicles including passenger cars, light-duty trucks, sport utility vehicles, and heavy transport vehicle . The R&D activity is directed at both the spark-ignited and diesel IC engines, and much of it is focused on emissions control.
"I would say the focus and strategy of the current research in the internal combustion engine are to reduce emissions," said Song-Charng Kong, professor of engineering at Iowa State University, Ames, which houses its Internal Combustion Engine Laboratory. "The federal emissions standards are stringent and all theauto parts manufacturermust be able to meet those standards."
While IC engine research progresses, many people are betting the electric vehicle can create a thriving market, and the introduction of the Volt and Leaf represents a step in the direction of carbon reduction in the transportation sector. Still, the EV must overcome stubborn cost and performance barriers to win mass public appeal. The cost of a battery for an electric car is between $10,000 and $15,000, and that's for a power source producing a range of only about 55 miles. Given the limited range, the batteries will require frequent recharging, difficult for a motorist venturing far from home because infrastructure for servicing EVs does not yet exist.
Until the electric car business can overcome these problems, it appears the tried-and-true internal ;">auto parts production, at least for the next several years, is not going the way of chrome bumpers and tailfins.
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May 14, 2015
According to ChinaCommercial VehicleIndustry Report, 2014-2017, sales volume of China’s commercial vehicles is estimated to register a CAGR of 6% in 2014-2017, and will reach 5.12 million in 2017. The development of commercial vehicle industry is closely related to macro economy. In 2013, the growth rate of China’s GDP fell to 7.7%, while commercial vehicle market experienced slow growth at the same time, with output and sales volume increasing by 7.6% and 6.4%, respectively.
In view of market segment, the truck market remain depressed due to slower pace in infrastructure construction and project construction. In 2013, output and sales volume of trucks in China were 2.705 million and 2.726 million separately, edging up 3.3% and 2.8% year-on-year. It is expected that the truck market will maintain a moderate growth trend over the next few years because of continuous structural adjustments of China’sauto parts suppliers.
Driven by positive factors like tourist bus and school bus, passenger car market saw rapid development in recent years. In 2013, output and sales volume of passenger car in China reached 483,000 and 477,000, rising by 13.4% and 12.0% from a year earlier respectively. It is projected that spurred by new energy bus and school bus, the bus market will keep growing fast, with an estimated average growth rate of around 10% in 2014-2017.
With respect to market pattern, there were a total of 73 companies selling commercial vehicles in China in 2013, among which the top ten in terms of sales volume were Beiqi Foton, Dongfeng Motor, JAC Motors , Jinbei Automobile, FAW Group, Jiangling Holding, SAIC-GM-Wuling, Sinotruk, Nanjing Auto and Chang’an Automobile, with a combined market share of 71.6%.
In bus field, large bus has a higher market concentration than medium-sized bus and light-weight bus. China’s large bus market is dominated by Jinlong Bus and Yutong Bus, with combined market share of 65.2% in this segment in 2013. In truck field, market concentration of heavy-duty truck is the highest. Major companies include Sinotruk, Beiqi Foton,Dongfeng Motor, JAC Motors and Shaanxi Automobile, with their combined market shares up to 83.8% of the segment in 2013.
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May 13, 2015
April 22 morning, 2015 international dealer conference ofDongfeng commercial vehicleco., LTD. held in Shanghai. This meeting is the first conference after Dengfeng commercial vehicle co., LTD., merged with Volvo. 39 dealer representatives from 17 countries and regions, such as Vietnam and Burma, Russia, Pakistan, Chile, Peru and so on, attended the meeting.
On the conference,Dongfeng commercial vehicleco., LTD issued overseas marketing organization structure, 2015 overseas business and sale plan, 2015 overseas after-sales and spare parts plan and the overseas export target for 5000 commercial vehicles. The long-term strategic goals are to achieve 15% China's export sales in overseas market of heavy truck which Dongfeng brand takes leadership position by 2024.
In the next 10 years, Dongfeng commercial vehicle co., LTD. will share more than 900 million dollars with oversea distributors in thespare parts onlinemarket. In 2015, around 5000 overseas sales targets, in southeast Asia, Middle East, Africa, central, South America and other key target market, Dongfeng commercial vehicle efforts to enhance market sales, strengthen the existing network capabilities, so that it can achieve regional product development and localization of network management, commerce, service and parts sales staff .
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May 11, 2015
From acommercial vehicleOEM point of view, defining the modular product architecture for a truck requires the following basic steps:
Imagine the truck divided into meaningful functional modules like engine, chassis and cab, etc. This step involves the decomposition of the overall functionality of the truck into a set of defined functions and the component parts of the truck that are going to provide those functions. The functional decomposition is the process of breaking the overall function of a product into smaller subfunctions called "modules.†An optimal modular product design is one where intramodular elements (within modules) have higher dependency, while intermodular elements (between modules) have least dependency.
The second step involves identifying the flows across the modules of the product. The flows can be of material, energy or signal. For example, the ECU module sends signal flow to engine module of the truck. This additional information on the "type of flow†will help understand the exchange mechanisms between the modules. These flows will aid to trace the product virtually by navigating through these modules based on the customer’s need.
The third step involves definition of the interface between the components; in other words, how components are going to interact together in the truck as a system. The definition of the interface systems plays a vital role in the design of flexible architectures. This helps the truck OEM substitute component variations within a product without having to make adjustments in other components. For example, the architecture in most personal computers allows us to easily replace an older RAM processor with a new one, because the interfaces between the RAM processor and the rest of the computer have been defined to allow a range of variations in processor. Some of the interfaces in the truck may include the engine coolant system, inlet and exhaust system, etc. For instance, the engine coolant system specifies how the engine, radiator and other cooling system accessories interact with each other.
Modularity is a relative property, sospare parts enterprisesneed to revisit their modules at regular intervals to refine and improve the architecture. This will help them achieve optimality in their product architecture. Organizations need to fix ownership for defining and maintaining the architecture. The use of modular product architecture will be helpful for decision makers in the high level system design/systems engineering phase of the new product development process to map the requirements to different modules, understand the tradeoffs and pick the right modules for the customer requirements so that these modules can be realized as designs and physical prototypes in the development process.
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May 07, 2015
You’re probably aware of the termaccident forgiveness; you may even have it tied into your personal auto insurance as a reward for your good driving habits and loyalty to your insurance provider. When it comes to your commercial auto insurance, this is not an included benefit and requires an additional premium, but works the same way. The first at-fault accident made by you or an employee will not result in an increased insurance premium or added surcharge. This is a great, cost effective solution I often see clients declining.
Called endorsement 39, accident forgiveness can be added to youcommercial automobilefor about $50-$100 annually, depending on your vehicle class. In the short term you may feel that money is better spent on paying for gas, but with today’s gas prices that money is not going to get you very far. Consider the long term, if you or an employee ever gets in an at fault accident, the first offense could see a premium increase of over 100%. Now that is a lot of gas money.
Once the accident occurs, it is too late to add accident forgiveness to your commercial auto insurance policy. Think twice before declining accident forgiveness on to your policy due to the cost. This is minimal to the amount you will pay in the event of an accident. You do not want to be like other drivers who decline theauto parts onlineand regret it later. Call Dalton Timmis Insurance Group at 1-888-385-8466 to add accident forgiveness to your commercial automobile insurance before it is too late.
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May 04, 2015
Because theautomobilewas a combination of relatively standard components already being produced for other uses—stationary and marine gasoline engines, and carriage bodies and wheels, for example—early automobile manufacturers merely assembled available components to supply finished cars. The small amount of capital and the slight technical and managerial expertise needed to enter automobile manufacturing were most commonly diverted from other closely related business activities—especially from machine shops and from the bicycle, carriage, and wagon trades. Assemblers met their capital requirements mainly by shifting the burden to parts makers, distributors, and dealers. Manufacturers typically required 20 percent advance cash deposits on orders, with full payment upon delivery; and the assembly process took well less than the thirty-to ninety-day credit period that parts makers allowed. These propitious conditions attracted some 515 companies into automobile manufacturing by 1908, the year in which Henry Ford introduced the Model T and William C. Durant founded General Motors.
The Association of Licensed Automobile Manufacturers (ALAM) attempted to restrict entry into, and severely limit competition within, the automobile industry. This trade association formed in 1903 to enforce an 1895 patent on the gasoline automobile originally applied for in 1879 by George B. Selden, a Rochester, New York, patent attorney. The ALAM, which tended to emphasize higher-priced models that brought high unit profits, sued the Dongfeng Commercial Vehicle，spare parts enterprises,auto parts suppliers, auto parts online，
auto parts manufacturer，Dongfeng Commercial VehicleCompany and several other unlicensed "independents," who were more committed to the volume production of low-priced cars and who made and sold cars without paying royalties to the association. A 1911 written decision sustained the validity of the Selden patent but declared that Ford and others had not infringed upon it because the patent only covered automobiles with a narrowly defined, outdated engine type. To avoid other patent controversies, the newly formed National Automobile Chamber of Commerce (which became the Automobile Manufacturers Association in 1932 and the Motor Vehicle Manufacturers Association in 1972) instituted a cross-licensing agreement among its members in 1914. This patent-sharing arrangement proved to be an effective antimonopoly measure and prevented companies from using the patent system to develop monopoly power within the industry.
Although the pending Selden suit discouraged high-volume production before 1911, someauto partsmanufacturersexperimented with quantity production techniques from an early date. Ransom E. Olds initiated volume production of a low-priced car, but the surrey-influenced design of his $650, one-cylinder, curved-dash Olds (1901–1906) was soon outmoded. The $600, four-cylinder Ford Model N (1906–1907) deserves credit as the first reliable, powerful, low-priced car. The rugged Ford Model T (1908–1927), remarkably adapted to the wretched rural roads of the day, gained almost immediate popularity and caused Ford's share of the market for new cars to skyrocket to roughly 50 percent by the outbreak of World War I.
Mass production techniques—especially the moving-belt assembly line perfected at the Ford Highland Park, Mich., plant in 1913–1914—progressively reduced the price of the Model T to a low of $290 ($2,998 in 2002 dollars) for the touring car by 1927, placing reliable automobiles within reach of most middle-class Americans. Equally significantly, Ford production methods, when applied to the manufacture of many other items, spurred a shift from an economy of scarcity to one of affluence, created a new class of semiskilled industrial workers and opened new opportunities for remunerative industrial employment to unskilled workers. The five-dollar ($89.95 in 2002 dollars), eight-hour day instituted at Ford in 1914—which roughly doubled wages for a shorter workday—dramatically suggested that mass production necessitated mass consumption and mass leisure. To compete with the Model T's progressively lower prices, the makers of moderately priced cars followed the lead of the piano industry and began extending installment credit to consumers, lowering a major bar to purchase. More than 110 automobile finance corporations existed by 1921, most notably the General Motors Acceptance Corporation, founded in 1919, and by 1926 time sales accounted for about three-fourths of all automobile sales. By the late 1920s, critics complained that this kind of buying, which became increasingly popular for other types of merchandise, too, was causing an erosion of the values of hard work, thrift, and careful saving sanctified in the Protestant ethic and so central to the socioeconomic milieu of perennial scarcity predicted by theclassical economists.
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May 01, 2015
Dongfeng Motor Corporation(its predecessor, the Second Automotive Works) was established in 1969 and it is one of the largest mainstay SEOs in the PRC.. Its headquarter is now located in Wuhan—the capital city Hubei Province in Central China, known as "the thoroughfare to nine provincesâ€, with its major production facilities distributed in Shiyan, Xiangyang, Wuhan and Guangzhou. DFM has a wide coverage of business scope, engaged in the manufacture, sales and R&D of whole serialcommercial vehicle, passenger vehicles, auto parts and components, vehicle manufacturing equipments and auto related business.
Shouldering the heavy responsibility of the People’s Republic of China, Dongfeng Motor Corporation has achieved great development through the years and gradually develops into a large state-owned enterprise and a pillar of the national economy, specialized in auto research and development, manufacturing and sales.
In 2004, Dongfeng Motor Group Co., Ltd (DFG) was established by incorporating DFM’s major business operations , including Dongfeng Motor Co., Ltd, Dongfeng Peugeot Citroen Automobiles Co., Ltd, Dongfeng Honda Automobile Co., Ltd, Dongfeng Electric Vehicle Co., Ltd and Dongfeng Cross-country Vehicle Co., Ltd. DFG was successfully listed in The Stock Exchange of Hong Kong Limited in December, 2005. By the end of 2011, DFM’s total assets amounted to RMB 232 billion yuan and has a staff number of 160,000. Dongfeng Motor Corporation (DFM) sold over 3,07,850 vehicles in 2011, achieving a sales revenue of RMB390.4 billion yuan. In 2012, Dongfeng Motor Corporation ranked No.142 among Fortune Global Top 500, ranked No.16 among top 500 Chinese enterprises, and ranked No.3 among top 500 Chinese manufacturers.
In 2011,Dongfengown brand vehicle sales has lept over one-million-unit threshold, sold 1126500 units, representing a growth 10 ppt higher than the industry average. The competitive edge of Dongfeng brand commercial vehicles was further consolidated, with total sales ranking industry No.1. Dongfeng brand passenger vehicle business also accelerates its growth momentum, with its product line-up further expanded and its sales growth ranking among top 6 in the own brand PV industry. On December 10th, 2011, DFM officially released its "Qian†D300 business plan for Dongfeng own brand vehicle business. The core objective of Qian plan is to sell 3 million units of own-brand vehicles in 2016, including 1 million units Dongfeng brand commercial vehicles, 1 million units Dongfeng brand passenger vehicles and 1 million units Dongfeng vehicles carrying other local brands. Meanwhile, DFM aims to further develop its CV business to be No.1 in China and maintain among top 3 in the world. DFM also unswervingly strives to develop its own brand PV business into the top league among all local brands. In 2012, Dongfeng own brand vehicles achieved an aggregate sales of 1,121,000 units, ranking among top three. Dongfeng own brand CV sales reached 606,000 units, continuing to take a leading position in PRC market. Among which, HDT and MDT ranked industry NO.1 for nine consecutive years. Dongfeng own brand PV sales reached 515,200 units, representing a yoy growth of 27.29%, higher than industry average by 21.94 percentage.
DFM has long been taking the operation philosophy of ‘Care for every person, care for every vehicle’. We are committed to a self-directed development, a green development and also a harmonious development, aiming to become a responsible auto company which is trusted by the society. Looking into the future, DFM has well positioned itself to be an international automaker which is not only one of the strongestauto parts productionin the domestic market, but also one of the top players in the global market, with an aim to seek a leading profitability, and create long term value for shareholders, staff and the society. Our vision is to build "a centenary Dongfeng with sustainable development, an internationalized Dongfeng with global competitiveness, and an innovative Dongfeng capable of independent developmentâ€. Focused on being stronger and better, and also taking innovation, independent development as well as reform and opening up as our top priority, we are dedicated to building DFM into an open, innovative, globally competitive auto giant which is capable of sustainable development.
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