A few days ago, a person in the industry disclosed to the reporter of “Commercial Automotive News†that in the cooperation between Yuchai and Guangzhou Automobile Co., Ltd., he joined a new member, CIMC Vehicles (Group) Co., Ltd. (hereinafter referred to as CIMC). The focus of the tripartite cooperation is heavy trucks. CIMC and Yuchai will use Guangqi Hino's heavy truck platform to cooperate with heavy trucks.
"As CIMC has the advantage of a special vehicle network, Yuchai has the advantages of an engine and a sales network," said the person. "At the same time, both have capital advantages and they are not bad."
It is not surprising that cooperation between Yuchai and GAC has been reported in the 138th issue of the newspaper. It is strange that CIMC has joined. In February this year, CIMC has issued an announcement and plans to join hands with Chery to set up a joint venture to set up Juri Union Truck Co., Ltd. In the field of heavy trucks, CIMC has already found a partner. Why did it suddenly find GAC?
The picture shows the HINO 700 series heavy truck
GAC's calculations
An expert who has worked in the heavy truck industry for many years told reporters that it is not surprising that Guangzhou Automobile, Yuchai, and CIMC have cooperated in the heavy truck field.
Looking for Yuchai, CIMC, on the one hand, GAC Hino has a local partner for the engine, and the geographic advantages of Guangdong and Guangxi make it possible to reduce costs. "Even if Hino's P11C and E13C series 11L and 13L diesel engines are produced at home, it is definitely not as good as a local engine company such as Yuchai in terms of cost, network, and services," said the expert.
On the other hand, the expert thinks: “In the domestic market, Hino’s technology and reputation are still good, especially in South China, where the user’s spending power is higher and the demand for high-end heavy trucks and special vehicles is greater. The imported Hino trucks are The market’s share was quite large. Now that the joint venture between Hino and GAC, it is even more unlikely that this market will be surrendered.†Therefore, it would naturally be natural to find a CIMC company with headquarters in Shenzhen and a major advantage in the special vehicle sector. .
Yuchai, CIMC want to expand the market
For Yuchai and CIMC, what will they gain from it?
Yuchai 6M series high-powered engines were introduced in Dongfeng Tianlong and Dongfeng Liuqi for the past three years. The other heavy truck companies have relatively few matching facilities. As the engine supporting systems of all heavy truck companies have been improved, and with the further improvement of Dongfeng commercial vehicle engine plant products (mainly the dCil1 and 4H series), it will inevitably expand the supporting share in the system. Industry insiders told reporters that in the past two years, Dongfeng Tianlong has gradually increased the number of dCil1 and 4H series engines. Therefore, to further expand the supporting range of high-powered engines and find more stable partners, it becomes a key issue for Yuchai's heavy-duty engines.
To catch Guangzhou Automobile's Hino, Yuchai can promote its high-powered engine. In addition, although Yuchai's engines currently match the Yangcheng light trucks in the GAC system, GAC Hino has said that it does not rule out the introduction of Hino's light truck products. In this way, Yuchai's supporting system may be further expanded.
CIMC took a fancy to the brand and products of GAC Hino. The related person in charge of CIMC told the reporter: “Guangxi introduced the Hino heavy truck to China and positioned it in the high-end market. We have inspected their products and found that the quality is good.â€
In April this year, CIMC produced a J6 concrete mixer truck in cooperation with FAW Liberation. However, according to relevant sources, the sales performance of this product was not good, and promotion was difficult, mainly because “users did not approve of J6â€.
CIMC and Guangzhou Automobile have their own plans
On July 10th, the reporter called the relevant person in charge of CIMC to verify the news. The person in charge denied the rumors. He said that the cooperation between CIMC and Guangzhou Automobile's Hino was limited to providing GAC Hino with vehicle modification and was a regular reform and cooperation.
In fact, at the Guangzhou Auto Show last year, relevant persons of Guangzhou Automobile Co., Ltd. and Japan had a similar position. At the time, GAIC Hino exhibited a HINO 700 tractor. The person in charge of the Guangzhou Automobile Co., Ltd. and Hino told reporters that in addition to tractors, GAC Hino will launch various special vehicles.
An industry source also revealed that in August Guangqi Hino heavy truck will be listed, vehicle modification business will also be put on the agenda. It seems that Guangzhou Automobile's Hino and CIMC hit it off in cooperation with special vehicles.
In response, Li Shao, director of Guangqi Hino and executive deputy general manager, also confirmed: “Guangxi Hino, Yuchai, and CIMC have not conducted tripartite cooperation. At present, Guangzhou Automobile and Yuchai signed a strategic cooperation agreement, and the cooperation between the two parties. Mainly concentrated in the light truck field, Yangcheng light trucks equipped with Yuchai engine, heavy trucks currently equipped with Shanghai Hino production of P11C engine, will use Yuchai 6M engine, depends on the future form of cooperation."
It can be seen that Yuchai and CIMC cooperate around the vehicle platform of GAC Hino, while GAC Hino uses the advantages of the former two engines and modifications to create a complete industrial supply chain. This is the basis for the three parties to come together.
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