Yuchai Group: a Sales Income of 31.2 Billion Yuan in First Three Quarters
www.chinatrucks.com: A team of journalists of “2013 National Online Media Tour Guangxi Trip” visits Guangxi Yuchai Group on October 28 during which they have in person observation on its engine production lines including heavy duty engine and assembly workshops. It is learnt that Yuchai Group successfully fulfills its goal of updating Yuchai Diesel products, but also becomes very powerful in terms of product development and competitiveness. Data shows that Yuchai Group has yielded a sales income of 31.2 billion yuan in the first three quarters with a year-on-year growth rate of 5.6%.
Engine production line
“Yuchai engine is the heart of buses and trucks. To better understand how a key component of engine is produced and how is a engine is assembled, it’s worth to pay a visit to the workshops of production and assembly.”
According to the person in charge of heavy engine processing workshop, the above mentioned workshops have to receive several groups of visitors, including media, potential customers and distributors. In the buzz caused by collision and friction of machines, workers in the production line work dedicatedly and orderly.
The engine is Yuchai Group’s leading competitive product. R&D of the engine has never stops in the 60 years history of Yuchao Group during which it develops 6 business sections, namely engine, engineering machine, energy and chemical, logistics and vehicle trading, spare parts and special vehicles. The only way to push Yuchai Group to grow fast is to constantly launch new products.
According to Liang Bing, Vice General Manager of Overseas Division of Yuchai Diesel, in 2013, the business is steadily uprising. Production and sales volume and profits all witness dramatic increase this year, surpassing the industrial average. With respect to foreign cooperation, Yuchai joins hand with Beiben to construct Beiben Yuchai and the ground breaking ceremony is held in October 12. The new company is expected to produce 100,000 units per year. In addition, its product mix is improved as well. China 4-complinat heavy and light duty engines are launched to the public and replacement has been done. The popularity of gas engine and hybrid power lay a good foundation for Yuchai to enhance a leading position in new-energy power. On September 25, Yuchai Diesel releases seven diesel engines special for high-speed boats in its headquarters.
The correspondents learn that Yuchai marine diesel engines and generator sets marched into Vietnam market for the first time in 1960s, and till now it has exported to the ASEAN market 73954 units. Currently, Yuchai’s engines are used by all intercity buses in Hanoi and Ho Chi Minh and coaches of Lang Son International Bus Associated Company. Its products are widely applied to Vietnam automotive industry, engineering machinery, agriculture machinery and marine industry.
In the first half year, Yuchai’s overseas sales volume outnumbers 16,000 units, rising by 40% year on year. The ASEAN market is the most brilliant. From Jan. to Jul., 61% of the annual target has been completed. The sales in ASEAN market account for 35% of Yuchai’s overseas sales.
Views:0
- Yuchai Sets New Record for Engine Exports in January 2025-02-11
- Yuchai's Hybrid Mining Trucks to be Exported to Peru 2025-01-03
- Foton Starglory Power (Xinghui) Brand Launch 2024-10-31
- Yuchai Signs Strategic Cooperation Agreement with FUTA Group 2024-09-03
- Yuchai Opens Its First Overseas Factory in Thailand 2024-08-21
- Yuchai's Engine Sales in North-west Africa Jumped 74.5% YOY in Jan. to Aug. 2022-09-21
- Yuchai Exports Went Up 49% YOY in First Eight Month of 2022 2022-09-13
- Yuchai Ignites China’s Largest and Most Powerful Hydrogen-fueled Engine 2022-07-14
- Yuchai Launches Its Internal Combustion Engine Fueled with Hydrogen 2021-12-24
- LIUGONG Mining Trucks Powered by Yuchai Engines to Be Exported to South America 2021-10-11
Submit Your Requirements, We Are Always At Your Service.
- FAW TRUCKS Expands Global Reach with Australian Partnership
- Foton Leads in February Heavy-Duty Truck Sales with Upgraded Products
- Dongfeng Introduces 2025 New Products and Technologies to Global Dealers
- GAC Hino Showcases New Models at 2025 GAC Int'l Partner Conference
- Foton and Teld New Energy Form JV to Drive New Energy Heavy Truck Development
- JMC Overseas Sales Surge
- Indonesian Ambassador to China Visits Shaanxi Automobile
- FOTON Launches the "Auman Galaxy Global Experience Tour"
- Geely Expands into Pakistan with New Partnership
- Zhizi Auto Successfully Holds 2025 Product Launch Event
- China's New Energy Heavy Trucks See Record Sales in 2024
- January Heavy Truck Sales Drop 28% YoY to 70,000 Units
- November 2024: Heavy Truck Sales Hit New Highs
- November 2024: New Energy Light Truck Sales Hit 14,000 Units in China
- November 2024 Sees Surge in New Energy Heavy Trucks in China
- Heavy Truck Sales Reached 56,000 units in First Three Quarters 2024
- Heavy Truck Sales in September 2024
- Heavy Truck Sales Reach 59,000 Units in July in China
- Tractor Sales in H1, 2024 Reached 162,100 Units, Up 4%
- China's Truck Export Reaches 351,076 Units in H1 2024