Isuzu Motors to Establish Global Purchasing Center in Chongqing

On June 1, the mayor of Chongqing City, Huang Qifan, met with President Hiroyuki Isuzu Motors. In the meantime, Hosoda disclosed that Isuzu Motors will establish a global procurement center in Chongqing, which will provide engines for the global Isuzu Motors.

According to reports, in 2007, Chongqing Qingling Automobile Co., Ltd. and Isuzu Automobile Co., Ltd. jointly established Qingling Engine Co., Ltd., and Isuzu transferred the new automotive engine demand in overseas markets to Qingling Production. This time, after the completion of the Isuzu Global Purchase Center in Chongqing, Isuzu will produce a large number of automotive engines in the global market.

Huang Qifan introduced to Hosui. In the context of the financial crisis, Qingling Automobile has maintained a good momentum of development in recent years. In 2009, the annual production of Qingling Automobile reached 40,000 units, which was double that of 2008; this year, Qingling The annual production of automobiles is expected to reach 60,000 units. According to the plan, by 2012, the annual output of Qingling Automobile will reach 120,000 units.

Huang Qifan said that at present, exports of goods from the coast to Europe via ferry vessels will take 36 days. During this year, Chongqing will open five train lines for rail freight to Europe. By then, Chongqing exports to Amsterdam, the Netherlands, and Hamburg, Germany. It will take only about 11 days, which will save the cost of the engine export of Chongqing Isuzu Auto Global Sourcing Center. At the same time, Hosei said that the lower labor costs in Chongqing will also reduce the production costs of automobile engines and make Isuzu more competitive in the international market.

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