Heavy truck transmission will increase rapidly in next three years
(chinatrucks.com, May 31, 2010) The traditional products in Wan Liyang are medium truck transmission and light truck transmission. Especially, the medium truck transmission has taken the absolute advantages. The medium truck transmission and light truck transmission have respectively taken 72% and 7% market share in 2009. Wan Liyang is the largest manufacturer in domestic market at medium truck transmission field.
At present, Fast has occupied 80% market share in heavy truck field. Wan Liyang is the new of heavy truck transmission field, and the market share will be increased in next three years. The advantage of Wan Liyang is low cost. It has completed the R&D of heavy truck transmission in 2009.
Foton, Dongfeng, JAC and other completely vehicle sales have ordered 80,000. It is predicted that the heavy truck transmission revenue in next three years will be increased rapidly. The heavy truck transmission and bus transmission revenue will surpass 1/3 by 2012. The market share of heavy truck transmission has reached 10-15%.
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