Corporate News
Date:
2009-02-06
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Expansion of the engine remanufacturing market

Since the engine re-manufacturing project was started in 2006, Yuchai Group has equipped the complete engine re-manufacturing facilities. On March 2, 2008, it won the first national auto parts remanufacturing certification.  

The so-called re-manufacturing is the process of recovering the original technical performance and product quality of the disposed products. Statistics shows that the re-manufactured auto parts share 4550 of auto after-sales service market in the US. Currently, China has a total of 35.85 million vehicles. If 2 million of them are disposed each year, the room for auto parts re-manufacturing is huge.  

The recycle of the material of engine represents the best method of engine industry as it has the advantages of low energy consumption, high quality, low cost, fast production and other distinctive features. The cost of re-manufactured engine is 50 lower than new product. The energy for melting is 40below and save more than 70material. The long term objective of Yuchai is to build itself to be a first class engine model enterprise of re-manufacturing. The specific goals are: 20072008, to have the capacity of re-manufacturing 10, 000 engines annually; 20092011, to construct remaining workshops and purchase new equipments to form the capacity of re-manufacturing 30, 000 engines per year; and to 20122015, to purchase remain equipments to have the capacity of re-manufacturing 50, 000 engines per year.   

Author: Tong Zheng, Li Chunmei      Source: Economic Daily News

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