個人收集整理CommericalVehicleNews0729

1、commerical vehicle news20130729-0802jac light truck demonstrates chinese high-level image to the world chinese leading high-level light truck brand jac shuailing also achieves remarkable performance in the international market, such as exporting to over 100 countries and regions, becoming a hot prod

2、uct in more than 70 countries and regions, successfully accessing to european and american markets, totaling over 150,000 units exported in 8 successive years. in spite of chinese brands staying at low-end market squeezed by foreign brand in chinese market, shuailing, thanks to its excellent perform

3、ance and high quality, create a brand new high-level light truck image in international market.“in 2012, jac exports 22,889 light trucks, ranking first for 12 consecutive years. in the first half year of 2013, it exports more than 13,000 units, leading ahead of others. we are very proud that more th

4、an 80% of our exports are high level light trucks. we put more emphasis on creating a high level image for chinese light trucks in stead of expanding market,” said by she cairong, vice general manager of jac and general manager of jac international.brics member brazil improves ipi tax in a large amo

5、unt, leading to many international renowned light trucks less competitive and even blocked outside of brazil. at the end of last year, 500 shuailing with commins isf2.8l motor, zf5s400 gearbox and euro emission standard successfully get into brazil market and serve brazilian public service instituti

6、ons, large logistics companies as the highest level trucks.in algeria, colombia, chili, peru, and others, users have fairly high recognition on shuailing. at the national military parade held at the end of last year, shuailing, as the only truck brand, shows up at the national fire brigade matrix, d

7、emonstrating chinese light trucks strength.in addition to its traditional overseas market like south america, north africa, shuailing also conducts bulk exports to australia, singapore, new zealand, turkey and mexico, and successfully makes trial sale in american and european markets. “jac quality”

8、is now widely recognized in the world.xiamen xgmas off-road dumper completes production recently, the xgq3653 hydrodynamic off-road dumper of xiamen xgma heavy industry co., ltd is successfully completed and then comes to a period with a lot of tests.in 2013, xiamen xgma explores a new production li

9、ne while maintaining product quality. the xgq3653 hydrodynamic off-road dumper is designed to meet market demands, enrich product family and enhance market competitiveness. the product adopts double-c framework cooperated with jilin university, yuchai yc6mk375l motor and imported allison 4430ors aut

10、omatic transmission. it is special useful for heaving mining with 4 dampers and a wide driving room. it is improved in terms of reliability, power, comfort and security. the xgq3653 automatic transmission improves drivers operation comfort and solves the problem of easy erosion of clutch. the lifesp

11、an of motor is also improved. the hydrodynamic retarder reduces braking times in heavy duty and down slope, avoiding too fast abrade.hd truck market to see rebound regarding the investment strategy in auto industry in the second half of 2013, researcher feng chong from auto and part industry of huat

12、ai securities makes analysis on the commercial vehicle sector that the growth rate in q1 is higher over last year, in q2 the growth rate declines but still maintain double-digital growth, in q3 it climbs up month by month and is expected to be 20% in september, and in q4, the monthly growth rate is

13、going to maintain 15-17%. it is estimated 15.5 million commercial vehicles in a narrow sense (including car, mvp and suv) will be sold in 2013, up by 16.5% year on year.in the first half year, in the capital market, the value of assessment reflects the growth rate of profits of auto industry in 2013

14、 is between 15%-20%. the value of assessment is rational. under such a background, companies that have breakthroughs could win in this market. combined with features and characteristics of the market, the following companies are recommended to invest stocks: faw, jac, changan and great wall motor.in

15、 terms to medium and heavy duty trucks, the market underwent deepening adjustment in 2012 with a sales volume of 630,000 units, far less than normal demands. the sales volume of heavy trucks in 2013 is expected to be 750,000 units, more than 15% year on year. in june, the sales volume of heavy truck

16、s is 75,000 units, up by 50.8% year on year. in q2, the sales volume of heavy duty truck is 234,000 units, up by 39.1% year on year. the whole trend of heavy truck industry in q2 is beyond expectation.with respect to buses, the sales volume is stable but a little weak in 2013. in the first five mont

17、hs of 2013, the growth rate of sales volume only increases by 2.0%, lower than that in the past two years. the growth rate in the whole year is estimated to be less than 5%, and the growth remains from public city buses, exports, school buses and tour coaches.volvo bounces back in q2 2013 the volvo

18、groups sales for the second quarter of 2013 recovered considerably compared with the first quarter of 2013 and amounted to sek 72.8 billion, up 25%. profitability also improved thanks to higher sales volumes and better capacity utilization in our plants. despite having to increase our warranty reser

19、ves by sek 900 m for legacy truck quality issues, operating income totaled sek 3.3 billion, corresponding to an operating margin of 4.5% compared with 0.8% in the first quarter. in the second quarter, net sales increased by 25% to sek 72.8 billion compared to the first quarter. compared to the secon

20、d quarter of 2012 sales decreased by 12% and by 4% adjusted for currency movements and acquired and divested units. the second quarter operating income amounted to sek 3,262 m compared with sek 482 m in the first quarter of 2013 and sek 7,709 m in the second quarter of 2012. compared with the second

21、 quarter of 2012, changes in currency exchange rates had a negative impact of sek 1,210 m. operating margin in the second quarter was 4.5% compared with 0.8% in the first quarter of 2013 and 9.3% in the second quarter of 2012. in the second quarter, earnings per share were sek 0.99 compared with a n

22、egative sek 0.15 in the first quarter of 2013 and sek 2.41 in the second quarter of 2012. in the second quarter, operating cash flow in the industrial operations was positive in an amount of sek 4.1 billion. during the quarter, renault trucks launched a completely new range of trucks for distributio

23、n, construction and long-haulage. volvo trucks launched four new truck models. altogether this is the biggest product renewal in the groups history. “after a weak start to the year, the groups sales and profitability recovered during the second quarter of 2013. the renewal of the groups truck offeri

24、ng entered an even more intensive phase and during the quarter we presented a completely new product portfolio within renault trucks, as well as a number of important new trucks for volvo. thus far, the trucks have been well received by customers and dealers, which is of utmost importance since thes

25、e new trucks will be highly significant to the groups sales and profitability in the coming years.” olof persson, president and ceo. vehicle manufacturers being forced to reallocate overseas market “its worth noticing the unexpected declines in vehicle exports in the first half year of 2013,” vice c

26、hairman of caam dong yang says.the export of chinese vehicles which grew very fast last year presents a declining trend in the first half of 2013. according to statistics of caam released in july, a total of 486,800 vehicles are exported in the first half year, down by 0.6% year on year. the export

27、of passenger vehicle is 294,300 units, up by 2.3% year on year; and the commercial vehicle 192,500 units, down by 4.8% year on year.currently, many chinese manufacturers are busy with laying out overseas market. when chinese vehicle market enters into a “micro growth” stage squeezed by joint venture

28、s and imports, the “going-out” strategy is regarded as a life straw to drive sales and offset insufficient growth in chinese market. the overseas market, however, is in a downturn; therefore, those companies having international business may confront risks led by their expansion. exports in june dro

29、p by 2.3%as a matter of fact, since the beginning of the year, exports of vehicles have been seeing a declining growth till the first negative growth in may.caam statistics show that in may, 86,400 vehicles are exported, down by 3.4% over last month and down by 16.1% year on year. from jan. to may,

30、a total of 402,300 units are exported with a growth rate lower than that in chinese domestic market.june proceeds with the declining trend. a total of 84,400 vehicles is exported in june, 2.3% lower than last month. both passenger car and commercial vehicle suffer declines.south america, middle east

31、 and russia are major exporters of chinese vehicles, and since this year, the exports in above areas have been declining. statistics by caam show that iraq, venezuela, iran, vietnam and turkey are top five countries seeing much decrease in importing chinese vehicles.chinese vehicle manufacturers hav

32、e sufficient reason to believe the great potential of overseas market based on the robust increase of exports in 2012. in 2012, a total of 1.056 million units are exported, 5.5% in total sales, up by 29.7%. top five exporting companies are chery, geely, great wall, saic and lifan. chery and geely ev

33、en breaks through 100,000 units.in 2013 by contrast, chery suffers a largest decrease. in the first half year, it only exports 69,600 complete vehicles, declining by approximate 25%, and its exports to brazil is sharply down by 72.5%. only a few companies enjoy growth, like geely, lifan, jac and cha

34、ngan.transform to brand building from sales top strategydespite the export volume reduces, news regarding chinese vehicle manufacturers exploring overseas market come one after another. following steps of private companies like chery, geely and changan, some state-owned companies pour into internati

35、onal market in succession.along with this trend, problems are exposed to the public. besides the deteriorating vehicle trade environment, the weak core competitiveness of products and brands and insufficient knowledge about the foreign market are main barriers for the development of chinese vehicle

36、manufacturers in overseas market.it is too early to know whether to have a turning point in a short term for exporting chinese vehicles. but it is confirmed that chinese brands, forced by the depressed overseas market, have to end the “sales top strategy”, and march towards the strategy of building

37、brand image and improving service. gaz group ceo, bo andersson, receives distinguished service citation from the automotive hall of fame on thursday 25th july gaz group ceo, bo andersson, received a distinguished service citation from the automotive hall of fame in detroit, usa. the citation is desi

38、gned to recognize men and women “who have contributed in some significant manner to the automotive industry. it is reserved for those individuals who are active in the business and are making an important difference.”those nominated for the distinguished service citation must meet the hall of fames

39、exacting standards. nominees must meet the following criteria:have made a meaningful contribution to the development of the automobile, the truck, or the motor vehicle industry and achieved success in their particular field of automotive endeavor as exemplified by positions of leadership, awards and

40、 honors, patents, etc.be recognized as innovative, generally characterized by the “invention” of products, ideas, or concepts and be recognized as a risk-taker, generally characterized by establishing a new direction or developing a position not popular at the timebe of high moral character having m

41、ade contributions outside the automotive industry, exemplified through community, educational, philanthropic, or government activitieshave a long-standing affiliation with the automotive industrymr anderssons citation recognizes the progress gaz has made under his leadership since his appointment as

42、 ceo in 2009 and the important role he has played in that process.the citation in mr anderssons honour reads: “bo andersson the president and ceo of gaz group in russia is credited with achieving the best financial results in the companys history, renewing over 75% of their product range in just 3 y

43、ears, retaining leadership in the commercial vehicle market through russias entry into the world trade organization, and launching contract manufacture of multiple vehicles with leading international auto makers.”gaz group has maintained its position as russias largest manufacturer of light commerci

44、al vehicles with major revamps of core products including the sobol and gazelle. this is part of a program that has seen 75% of the companys product range updated within three years.mr andersson has overseen the groups transition as it adjusts to russian accession to the world trade organisation (wt

45、o). he has also played a crucial part in gazs increasing engagement with international players leading on the establishment of partnerships with top western manufacturers.these factors, combined with increasing efficiency and productivity in gazs plants, have resulted in some of the best results in

46、the groups history. the companys most recent set of results for 2012 show record profit margins helped by the performance of improved product ranges in export markets, costs savings in purchasing and logistics and greater productivity.paccar announces second quarter revenues and earnings; paccar fin

47、ancial services achieves record first half pretax income “paccar reported good revenues and net income for the second quarter of 2013,” said mark pigott, chairman and chief executive officer. “paccars second quarter results reflect the benefits of gradually improving truck sales and strong aftermark

48、et parts and financial services results worldwide. i am very proud of our 22,000 employees who have delivered excellent results to our shareholders and customers.”paccar earned $291.6 million ($.82 per diluted share) for the second quarter of 2013, compared to the $297.2 million ($.83 per diluted sh

49、are) earned in the second quarter of 2012. second quarter net sales and financial services revenues were $4.30 billion, compared to the $4.46 billion in the second quarter of 2012. net sales and financial services revenues for the first six months of 2013 were $8.22 billion compared to $9.23 billion

50、 last year. for the first six months of 2013, paccar reported net income of $527.7 million ($1.49 per diluted share) compared to the $624.5 million ($1.75 per diluted share) in 2012.construction of paccars daf factory in ponta grossa, brasil is progressing on schedule. “brasil is a major truck marke

51、t with projected industry sales above six tonnes of over 140,000 vehicles in 2013,” said marco davila, daf brasil president. “the daf product range offers premium quality, low operating costs and the industry-leading paccar mx-13 engine. our dealers in brasil are building new facilities throughout t

52、he country to provide world-class aftermarket support to our customers. we look forward to the production of daf trucks in brasil in late 2013.”financial highlights second quarter 2013highlights of paccars financial results for the second quarter of 2013 include:consolidated sales and revenues of $4

53、.30 billion.net income of $291.6 million.manufacturing cash and marketable securities of $2.52 billion.cash generated from operations of $768.6 million.record financial services pretax income of $81.5 million.research and development expenses of $61.8 million.$2.0 billion of bank credit facilities r

54、enewed.financial highlights first half 2013highlights of paccars financial results for the first six months of 2013 include:consolidated sales and revenues of $8.22 billion.net income of $527.7 million.cash generated from operations of $1.15 billion.record financial services pretax income of $161.6

55、million.medium-term note (mtn) issuances of $1.35 billion.record shareholders equity of $6.11 billion.global truck marketsdaf achieved a market share of 15.8 percent in the above 16-tonne segment in europe this year, and is the market share leader in the united kingdom, the netherlands, belgium and

56、central europe. motor transport magazine in the united kingdom recently honored the daf xf105 with the “2013 fleet truck of the year” award. “customers recognize dafs product quality leadership, low operating costs and excellent resale value,” said harrie schippers, daf president. “dafs range of ind

57、ustry-leading vehicles has been enhanced by the launch of the new daf xf, cf and lf euro 6 vehicles. it is estimated that industry sales in the above 16-tonne truck market in europe this year will be in the range of 210,000-230,000 units.”“class 8 industry retail sales for the u.s. and canada in 201

58、3 are expected to be in the range of 210,000-230,000 vehicles,” said dan sobic, paccar executive vice president. “our customers are benefiting from record levels of freight tonnage and good freight rates. truck demand is being driven primarily by the ongoing replacement of the aging truck population

59、 and an improving housing sector. the truck market should benefit from projected economic expansion in the remainder of the year, particularly growth in auto production and construction activity.”capital investments and product development paccars excellent long-term profits, strong balance sheet, and intense focus on quality, technology and productivity have enabled the company to invest $5.5 billion