Tan Xuguang, chairman of Weichai Group, which owns Weichai Power and Shandong Juli two listed companies, recently stated that the Group’s sales revenue in 2008 exceeded RMB 50 billion, a 100-fold increase over 1998, and it strives to achieve sales revenue in 2012. Another breakthrough has exceeded 100 billion yuan and entered the world’s top 500 companies.
Facing the impact of the economic crisis on the heavy-duty truck industry, Tan Xuguang said that the company has made pre-judgment on the advent of this crisis as early as last year and has formulated a set of countermeasures. Weichai will make adjustments in the market segment, extending its power downwards, focusing on the development of 5-7 liters of truck power and 8-12 meters of passenger car power; expanding the applicable fields of products, exploring the access to drilling rigs, excavators, etc. The field of mobile machinery; continue to reduce the proportion of heavy trucks, 50 loader power products, tap the potential of other market segments, optimize product structure, and improve the ability to resist risks.
Recently, the company launched two WP5 and WP7 series diesel engines mainly for 8-12 meters passenger cars, medium and heavy trucks and various construction machinery. In addition, Weichai also actively improves the high-pressure common rail series heavy truck engines. At present, it has developed a National III diesel engine. Compared with a diesel engine with a mechanical pump and an EGR system, it is estimated that the combined fuel consumption of the same power can be reduced by 15%, and the current market share is steadily increasing. .
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