Yuchai signed a supply agreement with Russia
Guangxi Yuchai Machinery Co., Ltd. recently signed an engine products supply and marketing agreement worth 10 million U.S. dollars with a Russian distributor. It is the first batch of Chinese engines to export to Russia, according to report.
Yuchai is China's largest manufacturing base of diesel engine. Its main products including engines for passenger cars, trucks, buses, agricultural vehicles and construction machines were exported to more than 40 countries and regions in Asia, Europe, Americas and Africa. Yuchai enjoys a good reputation internationally due to its leading technology and quality. Because of the outstanding performance in alpine region of Russia, YC6M heavy-duty diesel engine has gained popularity in Russia.
Each year, more than 1, 000 heavy-duty trucks assembled with YC6M engines were exported to Russia. This Russian distributor believed that the cost-effect ratio of Yuchai product would benefit the Russian users who are affected by financial crisis. Therefore, the distributor signed the contract of large amount product supply with Yuchai. The engines being signed for the order are full range single engines, ranging from YC4108D toYC6M320D with a total of 13 models. In the future, it will be expanded to construction machines, cars, etc. The amount of engines be exported will reach 40, 000 eventually in line with the cooperation agreement.
According to expertise opinion, in the past, all engines used in China were imported from Russia and other Eastern European countries. Nowadays, a large amount of engines produced in China started to enter EU market. The order shows that Guangxi Yuchai keeps building a national brand, marching to internationalization and firmly holding the market opportunity. It also gave an example to some enterprises who are struggling with the financial tsunami impacts.
Views:0
- 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
- Yuchai’s Exports to ASEAN Countries Saw a Growth of 70% in YTD Sales 2021-09-15
- Yuchai Engines Continue to Strengthen its Presence in Vietnam 2019-12-02
- Yuchai Exported 13L Heavy-duty Engines to Vietnam 2019-12-01
- Yuchai Subsidiary Establishes New Business Enterprise in Vietnam 2019-11-22
- Yuchai National VI Engines Achieve Its Annual Sales Target 2019-11-13
Submit Your Requirements, We Are Always At Your Service.
- World’s First All-electric Scania Car Transporter Goes into Service
- China’s First Mining Specialized Remote Sensing Satellite Launched
- SINOTRUK Delivers Full Year 2022 Results, Heavy Truck Sales Down 52.50%
- FOTON and Cummins Team up to Build a New Engine Plant in Thailand
- SANY Awarded as 2022 Forbes China TOP 50 Sustainable DEV Industrial Enterprises
- Daimler Trucks and Buses Signs Deal with XCMG Fire Fighting
- FAW Jiefang Sichuan Branch Was Officially Established
- Bus & Truck Expo Set to be Held in May 2023
- Yutong, SCG Signed MoU for Green Mining in Thailand
- CAT Displays Its First Battery Electric Large Mining Truck
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade
- China’s Pickup Exports Jumped 65% YOY in 2022
- China's Truck Exports Grew by 42% YOY to 53,000 Units in November
- Heavy Truck Sales in China Fell by 9% YoY to 46000 Units in Nov.