Supply chain leader shows support for Chinese Automotive industry's growth and expansion
BEIJING, April 13, 2012 /PRNewswire-Asia/ -- CEVA Logistics, a leading global supply chain management company, is proud to be Gold sponsor of the ninth Automotive Logistics China Conference from 18-20 April, 2012 at the JW Marriott Hotel in Beijing. This year CEVA's Executive Vice President for China, Martin Thaysen, will be sharing his expertise and insights in a keynote presentation on 'Supplying China and the World'. Mr. Thaysen will discuss how the market is changing as well as the increasingly important strategic role the supply chain plays in ensuring continued growth for automotive brands in China.
As both a leading multinational logistics provider with a presence in China since 1988, CEVA has developed a deep understanding of the opportunities and challenges in China's automotive logistics market. CEVA established the first automotive joint venture in China with Shanghai Automotive Industry Sales Corporation in 2002, Anji-CEVA, which combines expertise from both businesses to offer world-class services with state-of-the-art technology.
With close to 20 million car sales projected in 2012 (Note 1) and strong growth expected to continue, China's automotive market is expanding at a remarkable rate, but also brings challenges relating to cost and market share with the globalization of Chinese companies.
Note:
1. Gear change ahead: The future of China's auto dealership market, KPMG 2010
Automotive Logistics China is one of the major annual conferences for automotive logistics and CEVA has been a key participant for a number of years as a Gold sponsor. This year's conference is themed 'Driving for efficiency' and aims to find ways to ensure automotive logistics providers deliver maximum efficiency. In partnership with the China Federation of Logistics and Purchasing (CFLP), the conference will bring the domestic market in touch with international expertise, creating a collaborative atmosphere that will accelerate the development of much needed solutions.
Notes to editors
Event information:
Automotive Logistics China Conference 2012
Keynote speech: Supplying China and the World
Date: 19 April, 2012
Time: 14:00-15:15
Location: JW Marriott Beijing - 83 Jian Guo Road, China Central Place, Chaoyang District
CEVA - Making business flow
CEVA Logistics, one of the world's leading non-asset based supply chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 51,000 employees are dedicated to delivering effective and robust supply chain solutions across a variety of sectors and CEVA applies its operational expertise to provide best-in-class services across its integrated network, with a presence in over 170 countries. For the year ending 31 December 2011, the Group reported revenues of euro 6.9 billion. For more information, please visit www.cevalogistics.com
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This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company's expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2011 and the other non-historical statements. These statements can be identified by the use of words such as "believes" "anticipates," "expects," "intends," "plans," "continues," "estimates," "predicts," "projects," "forecasts," and similar expressions. All forward-looking statements are based on management's current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company's global operations, fluctuations and increases in fuel prices, the Company's substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's annual and quarterly reports, available on the Company's website, which investors are strongly encouraged to review. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
For more information contact:
CEVA
Anita Wei
Marketing and Communications Manager, Greater China
Anita.Wei@cevalogistics.com
+86-21-2310-7688
