Antonov and Loncin Gearbox Joint Venture Project Fell
The reporter recently learned that the joint venture of Antonov, an automotive gearbox R&D and design company, and Chongqing Longxin Industry (Group) Co., Ltd. has already been blown, Loncin opted to withdraw from the Antonov codename TX6's 6-speed automatic transmission. Joint venture project.
According to informed sources, the cooperation between Loncin and Antonov began in mid-2007. Loncin and Antonov took two steps in the joint venture project of the TX6 automatic gearbox. The predecessor Loncin and Antonov worked together to complete the trial production of the first prototype of the TX6. The two parties then set up a joint venture to produce the TX6 automatically. Transmission. According to sources, the Chongqing municipal government strongly supported the Antonov 6AT gearbox in production ramping.
According to the joint venture agreement previously reached between the two parties, the two parties plan to invest 20 million to 30 million euros in a period for the establishment of an automatic transmission production base in Chongqing, with an initial annual production capacity of 200,000 units; the joint venture will receive technical authorization from Antonov. The products will initially be supplied to Chinese domestic automakers and will be exported in the future. In addition to the stock dividend, Antonov will also receive a certain amount of property fees for every gearbox sold.
However, the reporter was informed that Loncin was in a wait-and-see mode after completing the “navigation agreement†(another agreement signed by Antonov and Loncin other than the letter of intent for joint venture), mainly because it was not too promising for the market prospect and competitiveness of TX6. More confidence. The two parties did not completely sever the relationship. If the second-generation prototype of TX6 is successfully mass-produced in China, Loncin may participate in the stock.
Antonov did not respond positively to this matter. The reporter was informed that Antonov has now identified three local vehicle customers, of which Lifan is the only one explicitly disclosed (Lifan has officially concluded a procurement agreement with Antonov at the end of 08, and plans to be autonomous in the second half of 2010. Antonov 6AT is used on the mid-size sedan. As for the other two, Antonov would not disclose it.
In November 2008, Antonov held a test experience meeting in Chongqing. Seven local automakers including Changan, Lifan, JAC, BYD, and GAC came to test; the test experience held in Shanghai was followed by FAW. SAIC personnel participated. However, Antonov’s main competitor in China, BorgWarner, formally signed a joint venture agreement with China Development Enterprise on November 25 of the same year to produce the most technologically advanced module in the dual-clutch transmission (DCT)—dual clutch. Modules, control modules, torsional vibration damper modules. The 12 car companies - FAW, SAIC, Dongfeng, Chang'an, Chery, Brilliance, Jianghuai, Changfeng, Geely, GAC, Zhongshun, and Great Wall - basically accounted for 90% of the sales of Chinese local auto makers.
In the end of 2006, Antonov granted Geely the license to use the "TX6" transmission core technology. Geely plans to start production of the gearbox based on this technology from the beginning of 2009, but this cooperation did not end in 2007.
Another: At the 2008 Beijing Auto Show, Antonov announced that Antonov’s CEO John Moore will resign from the joint venture with Chongqing Longxin on January 21st, 2009. He was taken over by Jos Haag. On the same day, An Christopher Ross, chairman of East-Nov, retired. Antonov’s high-level replacement was also to further promote mass production in China. The British company’s staff in the Netherlands revealed to Gasgoo.com that John Moore’s departure was because “he is an engineer and he has already completed The TX6 will be promoted as the task of mass production prototypes, and the new CEO Jos Haag "is good at mass production, and he will accelerate the mass production of TX6."
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