Guangxi Yuchai Machinery Group Co., Ltd. is reported to have encouraging results in production and sales in the 1st quarter of this year with a total volume of over 150 thousand engines. It was more than twice the amount of the same period in 2008.
The market of Yuchai Machinery was slowdown from Sept. 2008 due to the global financial crisis. Facing the crisis, Yuchai timely adjusted the business strategy to target the light construction vehicle market which was in fast startup and the rising agricultural machine market. It launched a special campaign to break through product crisis. It developed appealing products in the markets and gained over 20 achievements in the short 5 months. Those achievements stimulated the entire growth of full series of Yuchai 4-velve engines and traditional medium engines. Because of the action and effective approach, Yuchai kicked off the year with a bright future. It received orders for 50 thousand engines in February and 70 thousands in March that was record high.
According to Yan Ping, a large number of OEMs called him currently, trying to get more engines from Yuchai. In order to meet the demands of customers, since February, all assemble lines of Yuchai has been running in full shift. Compared to early February, the recent output capacity is increased by 50 % to 2200 per day.
Authors: Wei Dagan, Qin Guanghua Source: Xinhuanet