2003 Auto Market Inventory: Top 10 Auto Leaders 1

**Top Ten Auto Leaders of 2003: A Look at China’s Automotive Visionaries** *Southern Metropolis Daily, December 22, 2003, 14:13* In the Chinese auto industry, a question has long lingered in the minds of reporters and observers alike: With hundreds of light vehicle companies and thousands of auto executives, where are the true leaders? While it may be tempting to criticize the lack of prominent figures, the reality is that China’s auto industry still lags significantly behind its global counterparts in terms of market maturity, policy support, and the environment needed to cultivate strong leadership. However, as the domestic auto market expanded rapidly in recent years, many companies began to show remarkable vitality. A new generation of charismatic business leaders emerged, some with decades of experience in the industry, others who transitioned from government roles or other sectors, driven by the opportunities in the booming automotive sector. In 2003, *Car Magazine* recognized ten outstanding individuals who had made significant contributions to the industry. These leaders not only shaped their companies but also influenced the direction of the entire sector. **Miao Wei – The Reviver of Dongfeng** Miao Wei, former general manager of Dongfeng Motor, was both a savior and a leader. In 1999, he took on the role of CEO with a bold promise: “If I can’t turn the company around by 2000, I’ll resign.” Under his leadership, Dongfeng achieved profitability in 2000 and embarked on an aggressive strategy of international cooperation. Collaborations with Nissan, Honda, and PSA helped transform Dongfeng into one of the most open and globally integrated automotive groups in China. This year, Dongfeng maintained a profit level of 6 billion yuan, and Miao Wei remains one of the most influential figures in the industry. **Wang Chuanfu – From Battery King to Car King** Wang Chuanfu, known as the "battery king" in Asia, made a bold move by acquiring 77% of Xi’an Qinchuan Automobile Co., Ltd. through BYD. This marked the first time a private company held a state-owned automaker, and Wang transitioned from battery manufacturing to car production, redefining himself as a "car king." **Yan Yanfeng – The Architect of FAW’s Growth** Yan Yanfeng, once a technical worker at FAW, rose to become the group’s top leader. Under his guidance, FAW established partnerships with Volkswagen, Toyota, and Mazda, leading to significant growth in sales across cars, trucks, and SUVs. He also focused on developing the Hongqi brand, making FAW a key player in China’s national automotive landscape. **Wei Jianjun – The Pickup King and IPO Pioneer** Wei Jianjun, CEO of Great Wall Motors, built the company into a pickup market leader. His strategic move to launch the Saif SUV, priced over 80,000 yuan, was a hit, selling 20,000 units in a short time. This year, he fulfilled his dream of taking the company public on the Hong Kong stock exchange, with massive demand for shares. These leaders exemplify the transformation and growth of China’s auto industry, showcasing the potential for future success.

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