Beijing at 18:30 on December 23, Mercedes – Benz F1 team announced via a conference call: F1 seven times world champion Michael - Michael Schumacher in 2010, will join Mercedes-Benz F1 team back. Schumacher himself official website announced the news of his comeback.

“I have decided to return to the 2010 season, F1, and has reached an agreement with the Mercedes team. To tell the truth, I am very excited.” Schumacher declared the official website of the beginning of the case said.

“I do not deny that the formation of a full-team German driver is very attractive to me, I think all German drivers get the same feeling. Of course, were able, with Ross (Ross Brawn) has again co-operation is also very gratifying.”

“In fact, I feel has never left the venue of the competition after three years I am still passionate about. Participating in a few games motorcycle racing, I am ready to continue to participate in F1 competition.”

This year in August, due to Ferrari driver Felipe Massa of unintentional injuries, which filled the car we see the hope of returning king. However, due to neck injury reasons, Schumacher was forced to cancel the back end. European local time November 16, Mercedes – Benz F1 title this year, Brown, GP acquired fleet of Mercedes-Benz, and Schumacher immediately begin within the year for the latter “second” comeback effort. Schumacher is now under 41-year-old age (the oldest arena next year’s F1 driver) to return to F1 track, he will partner with compatriot Nico Rosberg; the same time this was his meeting with Ross again – Brown together. Let us look forward to the new season of F1.

China Automobile Dealers Association, Lei Luo, Deputy Secretary-General, said: “Next year’s auto industry focus on independent innovation, the development of clean energy, business bigger and stronger integration of three aspects of resources.”

Independent innovation and new energy vehicles combined

Recently, the CPPCC National Committee Vice-Chairman, Science and Technology Minister Wan Gang, China’s auto industry in the 2009 International Forum, said the Government will continue to invest and vigorously support the electric car as the representative of the new energy automotive research, development and market applications.

Lei Luo said that the car enterprises for independent innovation should be divided into two aspects; one in the traditional automotive manufacturing; Second, in the new energy vehicle manufacture.

Recently, the Beijing Automotive in outgoing messages, “New Energy Co., Ltd. Beijing Auto” has been successfully registered, this wholly-owned subsidiary of Beijing Automotive Holdings will soon be formally established at the same time there is a Beiqi set up joint ventures with a domestic in charge of the battery and motor manufacturing business. “This company will be responsible for Beiqi new energy automobiles and key parts of the R & D, production and sales business.” Lin Yi, vice president of Beijing Automobile Research Institute said.

A new phase of new energy vehicles will enter the real innovation rather than a “take-ism” stage. Recently, SAIC said it related to the core components of the innovative technology has been to circumvent the international hybrid car technical barriers, SAIC will be the first in the country to achieve the industrialization of new energy vehicles.

2010 mergers and acquisitions, restructuring efforts will increase

Relevant officials of the Department of Engineering has revealed a letter from the Department of Engineering led the drafting of the letter “On speeding up the views of corporate mergers and restructuring,” will soon be issued, “the automotive industry guidance on mergers and acquisitions” will also be distributed together. The policy covers the bank-to-business support and encourage qualified enterprises issuing shares and debt financing, benefit-sharing models between regions to explore, as well as automotive products and resources integration.

Recently, the capital market transaction can be fully proved that the restructuring of domestic enterprises desire. November 3, has been rising for several days and sustained heavy volume of Dongandongli suspension, the company announcement said the company received the actual controller informed the China Aviation Industry Group, China National Aviation industry is on the automotive business and investor negotiations, the company’s actual controller may be subject to change.

From the beginning of acquisition of Guangzhou Auto, Changfeng, Geely now acquired Volvo, the automotive industry mergers and acquisitions, restructuring of business began to cross “boundaries” in 2010, mergers and acquisitions, restructuring wave is expected to “intensified.”

Usher in a new upsurge in auto and financial development

Recently reported that Guangzhou Auto Group has approved auto finance license, the process of establishing the establishment of auto finance companies. In addition, FAW, Changan, Brilliance, JAC and other enterprises are also planning for the auto finance company, is still in the stage of waiting for approval. Following in April this year, China’s first own-brand car finance companies – Chery Automobile finance company logo after the establishment of Bank of China will usher in a new upsurge in auto finance company.

Auto Financing in stimulating the automobile consumption, it is also through to the automobile industry production capacity and the adjustment of the economic cycle, protect and optimize the automotive industry. China Automobile Dealers Association, Song Tao, deputy director of the Committee of Experts, said: “the development of auto finance companies can benefit from the auto companies, will also promote a more depressed now second-hand car market.”

Lei Luo said that the Automobile Dealers Association on auto finance draft policy recommendations will be in the next one to two weeks to complete.