Tuesday, December 21, 2010

Automobile market scan - 4

 Key information from the National Passenger Car Market Information Joint news
a daily basis, new products, price scanning
1, the Great Wall in Beijing, the first car listed for sale wizard 4.39-5.39 million
3 8, Great Wall Automobile's first car - the Great Wall in Beijing, officially listed on the wizard, priced at 43,900 yuan m5.39 million. with the previous sale of pickup trucks and SUV's network, the new car sales network also announced the Great Wall started, 3 month will appear in more than 70 cities nationwide listing ..
analysis: the Great Wall started the car network broaden its industrial chain is of great significance, but the small displacement to resolve the crisis of the Great Wall can be very difficult. < br> General Comments: In March the second week of the most sensitive period, passenger car manufacturers did not choose the main routine of the price cuts, and its distinctive features. passenger car business into a new style features robust, cost pressures will influence the price of the key features of the new initiatives of its concern.
Second, the next new dynamic
1, push the red flag during the B-Class cars powered by engines
own self-developed China's first V-Twelve cylinder engine mmCA12GV FAW Technology Center in the successful ignition, which means that China has mastered the top car engine development technology; in this year and next, the red flag will launch B-and D-class cars, and the level of D Protocol on national luxury cars, reported that these models will carry the red flag of the independent Audi A6L is a platform technology, is the second Red Flag HQ3 after the launch of the first follow-up products. In addition to the development of high-end models, the red SUV and Pakistan will launch vehicle ..
analysis: high-end red operation will make its return to Chinese rod end brand positioning, sales guaranteed as long as their brand should be able to flourish.
2, Dongfeng Dongfeng BF's first independent brand sedan car market by the end
end of this year, the first independent mm hanging brand cars, franchise store.
last September, a total investment of 7.6 billion base of Dongfeng own-brand passenger cars in Wuhan Development Zone started, including two R & D center and factory projects, covering 1,500 acres, constructed in two phases, the first 3.0 billion of investment, can form an annual production capacity of 160,000 cars; 2010, determined to build the second phase, total capacity will reach an annual output of 330,000 cars. million in market segments, compact, economical, high-grade, the first cars will be 1.6 liters sedan, priced 10 million, distribution store's 70% m80% for the transformation to build stores, new store construction There 12m15, the main office in Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan and other cities.
analysis: the path more and more brands, but can grasp the core technology is the key.
3, from Ssangyong Royal SAIC Roewe enjoy exposure
first SUV in the domestic market there is currently Ssangyong Actyon, Rest, Road, Royal, Royal 4 different styles to enjoy, SUV, three displacement. And the most sales in the domestic Royal Ssangyong enjoy even better this compact 2.0-liter diesel SUV. Roewe SUV, should be the first to enjoy the Ssangyong improved on the basis of Royal. Roewe SUV to be moderate on the shape of many, more in line with people aesthetic needs ..
Analysis: Roewe brand and the UK should be able to achieve a better combination of Korean products, and strive to replicate the success GM.
4, 2008 Main 8 Geely cars classic cars panda Listing
expected this year in the auspicious eight new models in the market, including the high hopes Geely Panda hatchback classic cars and Geely King Kong, the new Dragon sports car, while also introducing new Geely King Kong Geely sedan, 4-speed automatic transmission Geely King Kong, and three new CNG bi-fuel cars and other vehicles. its self-developed domestic first 4-speed automatic transmission, and lightweight to improve fuel economy technology, will be equipped this year to the lucky one after another series models ..
Analysis: Geely car much, but the product serial rapid expansion, which is good.
5, 6, a new generation of horses listed on the old models will be early 2009 goal of 08 sales of 72,008 total impact of 100,000 annual sales, of which 6 of the first generation of sales 70,000 horses, imported horses 3 hatchback sale 18000, MPV Mazda 5 sales of 12,000. Ma 6 will perform policies, 2.3 million or more displacement to maintain a 20 market share in the same (currently about 4%), and the displacement of 2.0 points as a major fire attacks, 40% of the incremental emissions will come mainly from 2.0 ..
Analysis: Ma 6 more obvious product advantages, may be part of the 1.8 upgrade do not divert market share.
6, New Elysee upcoming new price of about 6.88-11.58 million
Elysee 4 of this year have been identified month, priced consistent with cash (68,800 ~ 115,800 yuan.) leaked from the recent increase in the length and width increased by 62mm and 1mm ..
analysis: the shape of the new changes should be effective Elysee, the price advantage is obvious, and networks to enhance the brand is the key.
7, the end of the new Carnival 1.4 and 1.6 available, or push the two displacement
publish the Geneva Motor Show in the sixth-generation Ford Fiesta (Carnival) is going into the domestic production of new Fiesta, the domestic version is likely to be five-door hatchback version and the four door sedan. current European version of the Ford Fiesta total of 5 dynamic specifications include 1.3-liter gasoline engine and 1.4-liter Duratec system, the other for the first time joined the 1.6-liter Ti-VCT petrol engine ..
Analysis: As the new carnival will be listed at the end of the year, so it can be said whether the 08 elderly An Fute further sales growth will depend largely on the performance of the Mazda 2, after the listing, I believe that 2008 sales target older An Fute difficult to accomplish or very large .
8, 858 ~ 99,800 yuan expected new exposure
Bora Classic has more than a year older delisting is expected to FAW Bora - Volkswagen resumption of production. the media get a group known as Polaris ; the classic version of Indeed, the classic design is better, and its obvious price advantage, has used every possible model.
three, policy tracking
1, the Ministry of Finance on the adjustment of large off-highway dump truck and its key zero parts, raw materials import tax policies for domestic enterprises
development, manufacturing of large off-highway mining trucks and imports of some key components and raw materials are subject to import duties and import VAT implementation of front-end retreat, the tax rebates as state investment deal, became the state capital, mainly for business development and production of new products and innovation capacity-building ...
Analysis: This is a better support policy, car companies need appropriate support to countries, rapid introduction of technology to enhance the speed. and the introduction of domestic enterprises as long as there is a success, and achieve self-improvement, other companies will quickly learn to form a leading pack in the way of technological development makes sense.
2, the General Office of the State Development and Reform Commission organize auto parts remanufacturing Pilot Work carried out auto parts remanufacturing
pilot's overall objectives are: 2-3 years through pilot projects to explore the automotive parts remanufacturing industry to promote the development of policies, management systems and regulatory system and carry out transactions and domestic used auto parts sales and other aspects of re-manufactured products and the response of relevant experience, as related to the adjustment of management policies and regulations provide the basis for the establishment of another manufacturing-related technical standards, market access, circulation control system such as the accumulation of experience.
conduct pilot auto parts remanufacturing product range is tentatively scheduled for: engine, gearbox, generator, starter, steering five products.
the principles (a) temporarily not allowed to re- dismantling scrapped automobiles manufacturers acquisitions from the parts quality warranty. (c) parts remanufacturing recycled or re-manufacturing enterprises shall not be authorized without the other enterprise products. (d) should be re-manufactured products into the automotive after-sales service system, circulation enterprises, not the retail market directly to the community Sales ..
Analysis: Remanufacturing conducive for the WTO remanufacturing automotive products on the market access negotiations to prepare for measures to help reduce consumer costs, is also beneficial to make full use of the old products contain renewable resources. < br> 3, odd and even numbers during the Olympic Games road vehicle points
compensation will be suspended during the Beijing Olympics will be odd and even number of vehicles traveling mode, is expected to be the Olympic Village on July 27 about a week before the opening time of the village began . suspended vehicles will be the government compensation, mainly for road maintenance and other expenses of the waiver. The general idea is to control the vehicle travel, sealed part of the official vehicles. Olympic lanes will be established to ensure smooth traffic Olympics. Games Spectators can Free use of public transport. traffic management measures during the Olympic Games is not only for transportation, but also protect the air quality during the Games.
Analysis: Beijing's air quality and transportation security measures have reached the National People's financial strength with the degree of protection, many measures can not be long.
four, two proposals for the motion and the auto companies interviewed
1, Xu Ping, general manager of Dongfeng - should give priority to the development of natural gas and hybrid vehicles
should focus on the development of a single electronically controlled fuel natural gas vehicles. and in the development of hybrid-related technical standards and regulations, as much as possible with our own (or own) to develop a hybrid vehicle products verified by the real vehicle, rather than the imported mainly from the reference model (or domestic joint venture products) starting to be developed ..
analysis: the proposal east standards issue is the common cry of self-brand manufacturers.
2, Yin Jiaxu, general manager of the South --- Automotive economic incentives should be introduced to consumers < br> countries should be introduced to the economic incentives for consumers, such as the reduction of vehicle purchase tax, vehicle and vessel usage tax, subsidies, etc. ..
analysis:. The difference in favor of universal car policy measures to promote the automotive industry has long the development of the core power.
3, Geely chairman Li Shufu --- industry standards can not be blindly copying foreign
develop industry standards to comply with China's national conditions, adhere to independent innovation, and not blindly adopt foreign ready-made standard. Prior to that, Mr. Li also initiated the proposal as soon as possible fuel surcharges.;
analysis:. national standards is basically copied abroad, in particular emissions standards, and are basically being held hostage by the measures in the hope to speak more directly again. However, industry standards and international Docking is also conducive to low-cost export market development.
4, Great Wall Motor president Wang Fengying --- the development of small displacement vehicles from tax policy to encourage
hope to improve and perfect the corresponding system of incentive policies to give priority to the development of high quality, energy-saving environmentally friendly small cars, and truly the work of the automotive industry implement energy-saving and emission reduction.
Analysis:. small displacement problem is the policy mistakes made, or will not be so severe decline. < br> Fifth, the domestic market Hotspots
1, BYD is any plan to build new channels will be in two net new sales
BYD Auto sales network is divided into two channels A1 and A2. which A1 network responsible for the F3, F6, F8 and other vehicles for sale; the A2 network is responsible for the F3R, F1, F8, S3 series models sold. the model corresponding to the future of DM dual-mode electric vehicle will be in the corresponding network in sales.
analysis: BYD's products reflect the expansion of network and brand recognition increased, but not the sub-network segment to the effective establishment of consumer groups, because the effectiveness of sub-networks is hard to say.
2 return to A shares in Shenzhen Stock Exchange issued to finalize locations BYD
A shares BYD Shenzhen Stock Exchange board of directors announced that it has selected sites for the return of A shares. At present, the decision will be submitted to the Extraordinary General Assembly for approval. 1 year months, based in Shenzhen, BYD announced through the notice, the proposed issue of not more than 58.5 million A shares. expects A shares to raise capital will reach 2.4 billion.
Analysis:. BYD's automobile production capacity will scale rapid expansion, market pressure will be greater.
3, Chery, Geely is actively enter the Russian market
entitled certification standards will improve the car, only the standard items can only enjoy the benefits of local factories. Geely Automobile, Chery Automobile was sentenced because of the basic certification due out, China's Great Wall Motor Tatarstan projects is only expected to be granted. According to the survey, Russia Counsellor never said The certification as soon as possible. Geely and Chery will not only l out r, and is the most promising in Russia, China, the two car brands ..
Analysis:. Although the rumors, but the chance is still very easy to set up factories. in serious imbalance in trade between Russia and the friction and Chinese products are still gaps would severely hinder the smooth progress of China's auto development in Russia.
4, Chery overall objective of equity financing market lock A basic listing will determine
the whole group Chery quality assets, all packaged into listed companies to obtain the maximum amount of financing. Chery will market all of the Group's high quality assets into the listed company packaged in order to obtain the maximum amount of financing. Chery executives had initially hoped to finance through the listing close to 1,000 billion yuan. Chery is striving This year's profits will be 20 million. but difficult to achieve the target amount of the financing.
Analysis: Chery strategic adjustment, focusing on increasing margins on overseas income and huge, and its targeted market.
5, as modern as opponents Brilliance in 17 markets across Europe will
China Brilliance Auto plans to enter the 17 key markets in Europe, 2018 European sales target of 20 million. Brilliance European importer HSO Motors Europe president, said Brilliance target consumer Duixiang car for the European middle-income families, the next 10 years the company will be the main rival Hyundai, plans 10 years in the European market share of 1.5%.
Analysis:. own brand sales prices in Europe and profits will be higher, but the technical threshold is hard to match.
6, Beiqi limited to complete share reform soon, Beiqi limited Research Institute of the future models, technical support. Beijing Automobile Works Co., Ltd. will be important BAIC own brand Foton stronger, bigger and Beijing Hyundai, Beijing Benz doing fine, so specialized Beiqi limited
7, Chung-tai reached the target by 100,000 For the first camp
3 Independent 1 March, all the Thai automotive business in 2008 to start the General Assembly in Xiangtan, Hunan Province. Zotye Holding Group Chairman Wu Jianzhong disclosure of the Group Five long-range planning goals: business vehicle this year will average 10 million units of production and sales growth in vehicle sales target in 2008 10 million units, to 2012, more than 50 million units of automobile production and sales, total sales revenue exceeding 500 billion yuan . Taihe Alto outstanding first half of the new push to change models and pure electric vehicles; through the with two new models (L and M platform) will be in the second half off the assembly line; from abroad 30 million project will also be the second half of the engine volume offline, and launch the automatic transmission with independent intellectual property rights .. < br> Analysis:. all the fast pace of development of Thailand, while small cars are more serious crisis, the Thai public's breakthrough pressure.
8, MG exposure
three-year plan to the end of 2009, MG will be built with an annual output capacity of 20 million bases in size. Meanwhile, SAIC NAC MG in the new development into a global A-Class platform, the future will be developed 4 series models. which, based on the platform The new MG 5 will be on sale in 2010, .2008, will launch the MG 3 StreetWise, MG TF, and with changes in the existing 7 Series models; 2009, introduced a new style with a sporty B Class, MG products in this segment to fill the market gap; 2010, MG5 market. A-car platform based on the MG5 will be equipped with 1.5L, 1.5T, 1.5CVT three engine and six-speed manual and Six-speed automatic analysis of two series ..
:. good prospects for the development of MG, but a sequence of independent development the strong need for sustained and significant investment in output results.
9,2007 profits in auto industry 65% of the total profit surged high
both production and sales situation in the automotive industry is to bring wealth effect in China last year became the 39 industrial sub-sectors in the profits of the fastest growing industries .2007, although China's auto sales growth from 25.3% in 2006 to slow to 22%, but profits grew by 65%, total profit is a record high of 5 years, far exceeding the 1,000 billion yuan, only 16 key enterprises reached 61.0 billion profit. in key automotive enterprises, profit growth faster than the main business revenue growth. National Bureau of Statistics also showed that the first 11 months of 2007 the automotive industry profit of up to 130.9 billion yuan, much higher than the 39 industrial sectors the average benefit of 588 billion ....< br> Analysis:. car industry profits are too high, product upgrades faster than the popularity of the corresponding problem is also very serious.
10,2007 China's second-hand car trading the total cumulative
2007 年 used car transactions 2,657,600, an increase of 27.88%. In the second-hand car trading volume in the top ten provinces are: Guangdong, Beijing, Zhejiang, Shanghai, Jilin, Shandong, Henan, Yunnan, Sichuan and Jiangsu. all kinds of second-hand car, car trade in 2007 totaled 1,295,300, an increase of 44.46%; buses 644,500, an increase of 27.45%; trucks 455,400, an increase of 17.12%. Another According to statistics, in December 2007 the national total of 260,600 second-hand car trading, an increase of 38.05%, growth of 19.34%. Also, according to Beijing Municipal Bureau of Statistics, National Bureau of Beijing Survey Organization statistics, in January 2008 in Beijing a total of sales of 83,000 vehicles, an increase of 17.5%, an increase over the same month of previous year 7.3 percentage points. which used car trading volume of 35,000 ..
: .07 increase in used cars than new cars, but Beijing slowdown in the growth of second-hand cars, used cars the key issues unresolved.
11, Volkswagen auto parts inspection, China also has launched another in lower costs, speed up the establishment of domestic strategic mm central laboratory in China. the laboratory and put into use, many based in Germany so far need to complete the inspection of materials were moved to Beijing, which greatly simplify and speed up the Shanghai Volkswagen and FAW-Volkswagen produced using domestic materials, parts and components of the certification process. equipment investment of 10.6 million yuan. The central laboratory for the future of Volkswagen Group China to increase local production, purchases of domestic raw materials provide better technical support, and can further support China's auto parts manufacturers and suppliers for the development and application of new materials, and effectively promote the export of domestically produced materials.
Analysis:. the public's localization system continue to advance, the standard right to return to the larger significance of China's domestic competition.
12, should the proposed product expansion of Dongfeng Nissan 4S stores
Nissan transformation plan has the upgrading of the franchised store, put on the program agenda, across the country this year will be expected to start this project after another, while the hall is the focus of reform expansion to meet the manufacturers continue to introduce new models. hall every model now only put a squeeze, coupled with also new this year, pushing manufacturers to change paragraph 4, and models, If we do not expand the exhibition hall to overflowing when the car really was.
analysis:. Dongfeng Nissan has a very comprehensive series of products, continue to make more critical than for large strong.
13, Changhe shares of the amount of notice the new Pre-losing nearly 300 million loss
Changhe said, because the national fuel consumption standards for automobile collision and the promulgation of laws and regulations, part of the company stock cars relevant laws and regulations do not conform to the requirements of the product announcement was canceled, it can not be sold. Changhe Automobile sold 107,699 cars last year, fell by 20.3% cumulative, caliber statistics in the group-year decline in car prices Maximum ..
Analysis:. by the greater environmental impact, Changhe the poor performance of the micro car, the expected changes in its equity concerns for investors.
14, Beiqi incoming Changhe Automobile denied rumors of the final encounter
Beijing media quoted, listed in the Sebring event before the Beijing Auto Chairman Xu and Yi said that and controlling shareholders have made it clear that I do not know this, no matter contacts with Beijing Automotive or other parties, the reports are not real ..
analysis:. Fast merge state-owned enterprises is a recent policy trends, Changhe's whereabouts should soon clear.
15, FAW Toyota Changchun 3.6 billion expansion of the first production plant of FAW Fengyue Auris
capacity expansion from 10,000 to 200,000; specific time expansion began in May of this year The first phase project is expected to operational by late next year, the production line of Toyota vehicles; Phase II project will be completed in 2013, when the production capacity will reach 20 million units, annual sales revenue is expected to reach 300 billion yuan. FAW Fengyue after expansion , will mainly produce Corolla derivative platform products, namely, the global flagship Toyota Auris hatchback A-Class cars and travel Wish, the first off the assembly line will be the Auris, wagon Wish will then put into production. FAW Toyota Motor in China by the abundance of the more, Toyota trade, a joint venture between FAW Group, holding 45%, respectively, 5%, 50%. At present, the more production of FAW Toyota Land Feng Ze cool way, two Prius models, with an annual capacity of about 1 million units.
Analysis:. expansion FAW-Feng Yue, the new recycling plant in Tianjin than easier access to national authorities to approve the release, and the short construction period.
16,. March 15 departure
by the China Automotive Technology and Research Center's March 15 in Beijing. turn the whole event from Beijing, Chengdu, Wuhan, Guangzhou, Shanghai, and finally to six cities of Changchun for three months.
analysis: professional authority more and more cooperation between enterprises and more concern about the fairness also.
17, Zeng Qinghong: Guangzhou Automobile Group will seek the overall market this year, Guangzhou Automobile Group is seeking
the overall market during the year, is still awaiting approval. Meanwhile, the Guangzhou Automobile next year will be to establish auto finance and insurance companies, has been reported. This year the Guangzhou Automobile Group will invest 6.8 billion research and development center established to support the independent innovation of enterprises, of which 38 billion for plant construction, 30 billion for technology research and development. .
analysis: the independent development of Guangzhou Automobile, a joint venture firm backing the profit, its financing and future earnings should be lasting protection.
six, multinational corporations and overseas markets
1, Toyota will cooperate with the iron and steel enterprises said they did not intend to increase the price of
raise the prices as reasons for negative opinions, worries, president Fujio Cho said: . China, is to preserve the past 10-20 years people. not fire itself is a talent investment. the waste of steel in the purpose to control the costs ..
Analysis: Toyota's approach is the trend of international giants, the market is shrinking under the risk of price increases to reduce the sales rate is the best way to deal with.
2, BMW hopes to control costs through layoffs to achieve high profit growth
the layoffs involved in Germany's 2500 full-time employees and 2,500 temporary employees and 600 employees outside of Germany, the 600 name will be laid-off employees outside Germany mainly engaged in international sales. from the end of last year, the global auto manufacturers would set off a round of layoffs in the climax. General Motors announced last December 18 cut in early 2008 at least 5,200 United Auto Workers (UAW) employees . Chrysler announced in November 2007 throughout 2008 in North America more than the additional reduction of 8500-10000 time workers, while a monthly basis will be reduced by about 1,000 employees who, as contract employees to reduce by 37%. Ford Motor the intention to adopt an early retirement program, cut 9,000 jobs in U.S. factories.
Analysis: U.S. Department of car manufacturers want to speed up the pace of traveling light and the line, but the drastic downsizing of the German BMW thin, more direct purpose is to through cost reduction, the growth of high profit margins.
3, Fiat developed a new system to reduce vehicle emissions
that the system can be called EcoDrive car driving down the relevant data with a PC connected via USB. Fiat related procedures will be developed to analyze the data so the driver be able to understand automobile exhaust emissions. Subsequently, the drivers will be driving recommendations, which aim to reduce emissions ..
Analysis: Fiat the company has increased in recent years, information technology equipment, automotive research and development efforts, this is one of its concrete results.
4, Nissan speed up the development of alternative energy electric cars in the U.S. market after two years in the 78th
Ghosn said the Geneva International Motor Show, Nissan is developing an electric car, and 2010 to meet with U.S. consumers. He pointed out that California adopted stringent restrictions on vehicle exhaust emissions of new legislation prompted the company to increase the alternative energy R & D efforts and products.
analysis: strict regulations are the driving force enterprises to upgrade. But Peugeot has just given up, the corresponding differences in the larger multinational corporations.
5, small cars has become a global car manufacturers industry trends
American 2004, an increase of nearly 50%. Even in the United States for such a large car kingdom sales of small cars by 2012 is expected to grow 25% to 3.4 million. The SUV and pickup sales will continue to decline. a new generation of consumers identified , driving small cars can reduce carbon dioxide emissions. After all, small car driven by a smaller engine, less gasoline used, fewer greenhouse gas emissions.
Analysis: As oil prices continue to rise, coupled with the developed countries concerns about global warming, global sales of small cars is gradually growing. China's large-scale miniaturization and foreign contrasts.
6, Japan's Honda Motor Co. plans to raise the mini-vehicle production and sales
Honda Motor Takeo Fukui, president and CEO, said recently that the market for mini vehicles in Japan is expected to continue to maintain strong demand, Honda plans to increase production and sales of such vehicles. Takeo Fukui said in an interview, started to produce motorcycles Honda should have a strong in the mini car market, but is not the case, taking into account the market demand for compact cars will remain strong, Honda plans to strengthen the micro-car sales business ....< br> Analysis: Honda's dedicated hybrid also power cars and other energy saving R & D models, while the same emphasis on the micro car, the two lines do not completely overlap.
7, world famous automobile manufacturers in February U.S. sales dropped significantly
the three major U.S. mm auto makers GM, Ford, Chrysler in February this year, car sales in the U.S. market fell by 13%, respectively, 7% and 8%, Japan's Toyota Motor Corp. in U.S. sales fell 3%. which GM truck and SUV month sales fell 19%, Ford's Taurus large sedan sales fell 26%, Chrysler truck sales fell 22%, Toyota's luxury Lexus LS460 flagship model sales dropped 25% ..
Analysis: high oil prices, consumers worry about the U.S. economy into recession, the reasons for this phenomenon.
8, a variety of Citroen to market this year is the most important models, while also debut the new Belingo. Peugeot side issued a new 308SW, starting at the same time along with the sister models Berlingo and Peugeot Partner. Volkswagen Group This world premiere of the Scirocco coupe. Also starting a new Audi A4 station wagon, the new Skoda Superb and other models. General Motors Group in addition to world debut of a new generation Chevrolet Aveo (AVEO) in three version, , and the rest almost all concentrated in the concept of Aspect car. Toyota iQ concept car launched the production version. Honda Motors released a European version of the new generation Accord models.
analysis: a new model of international China's auto market almost simultaneously intensified competition and the introduction of the upgrade.
9, Tata promises to be huge amounts of money do not change financial image
Tata Jaguar Land Rover is funding $ 3,000,000,000 for the acquisition of Jaguar and Land Rover . As the proposed acquirer, Ford, Tata Jaguar and Land Rover will retain the brand image has always been and will not be any tampering with ....< br> Analysis: The international automotive market, more and more mergers and acquisitions, was purchased whether to retain the brand's style, flavor, is the wide range of user groups and other parties of concern. brand new force transformed into a major way into the traditional markets, so to speak This time is particularly important.

No comments:

Post a Comment