Sinotruk Yong’an commercial vehicle program to be invested 200 million Euros
(chinatrucks.com, Sep 13, 2010) Sinotruk Yong’an commercial vehicle production program has signed the agreement on 14th China international investment trade conference on Sep 8th 2010 after one year’s great efforts.
It is learned by the reporter from the introduction that the program is located in Fujian auto Industry Park, and the planned investment is 200 million Euros. It will realize the annual production capacity with 80,000 to 100,000 medium and heavy trucks and light trucks after the program has been completed. The overall investment of first stage is 80 million Euros, and it will realize the annual capacity with 80,000 commercial vehicles.
Sinotruk decides to set up commercial vehicle Company with Fujian Yong’an Auto Company. Both parties will improve current mature products, and establish high, medium and low end production line and industry chain by the introduction of advanced heavy and medium truck products and technologies of Sinotruk. They will actively integrate both parties’ advanced, applicable and scientific management method and superior enterprise culture to develop operation activity. Products with high price performance, timely delivery period and perfect after-sale service shall be improved. The competition strength of products in China and overseas will be improved.
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