In the past two years, the “new normal†appeared in the commercial vehicle sector. To cope with the new changes, Yuchai consolidated its advantages and further accelerated the development of the light machine market. With its advantage in the light engine market, Yuchai took the initiative and achieved significant growth in the light truck and light passenger markets in 2015.
Yuchai responds to the growth of the new normal light truck
Light machine product highlights
Those who understand the engine industry know that Yuchai started with medium-sized engines. At that time, a 6105 became popular in the north and south, still a classic product.
However, there are relatively few people who pay attention to Yuchai's light and micro-engines. In fact, as early as around 2005, China's first car diesel Yuchai YC4W was released. The engine's first design displacement is 1.2 liters. The fuselage adopts an all-aluminum structure with an in-line 4-cylinder. Afterwards, 1.4 liters of YC4W and 2.0 liters of YC4Y20 are also available one after another.
With the rapid development of the country’s economy, the development of the tourism market and modern logistics, owners’ demands for vehicle dynamics, comfort, and fuel economy are increasing, and the supporting medium- and light-duty diesel engine market is more chaotic and mainly low-end products. . Yuchai has launched two new YC4S and YC4EG products for mid-to-high-end market for medium and light engines as early as 2013 in order to meet customer demand changes.
Yuchai's YC4EG engine is in cooperation with Ricardo Consulting of the United Kingdom, and its market positioning is maintained at mid-to-high end, mainly targeting the market: 8-8.5m passenger cars, 4x2, 6x2 medium-sized road vehicles. The YC4EG engine has a wide range of economic operations and is ideally suited for road vehicles. It was developed for the performance of road vehicles.
Yuchai's YC4S engine is a product for "high-end road vehicles, with a total mass of 5-8T trucks and 7-8m passenger cars." This product is jointly designed and developed by the Southwestern Institute of the United States. The overall strength is high, and it has the potential for 5,6 emissions from the country. The product technology is not only advanced, integrated, lightweight, and compact; the key component suppliers are synchronized with the international market. A high-end quality power product. In addition to the above advantages, Yuchai's YC4S engine has a small size, a small overall weight, and a very beautiful appearance. It is designed to have a detonation pressure of 180 bar and a high strength of the whole machine. Dry cylinder liners are of good maintainability; injectors are installed with copper. The sleeve structure has good technics and good cooling performance.
These two products have been popularized for two years and have been applied to light trucks and light passenger cars.
In addition to the existing YC4D, YC4E, YC4G, YC4FA, YC4FB and other light engines, Yuchai has a complete layout in the field of light engine subdivision, with mature products and leading technologies.
Passenger car power market share gains further boost
In 2015, Yuchai launched a more applicable product for the new changes in the passenger car market, so that Yuchai’s market share in the passenger car's internal combustion engine power market was further enhanced.
Not long ago, Huang Yi, deputy general manager of Yuchai Sales Co. disclosed that from a strategic point of view, Yuchai’s past market coverage was heavy trucks and buses. “In the past few years, we have started to develop heavy trucks and big passenger power. We have laid a good foundation for the development of the heavy-duty vehicle market. In the future, we will focus on a fast-growing emerging market—light buses as the Yuchai power chain. Added."
“Original Yuchai did not have gas engine products for light passenger vehicles under 6 meters in size. Now that we have it, we have demonstrated these two gas-fired vehicles for light passengers at the recent Beijing Road Transport Exhibition and the Shanghai Bus Technology Exhibition. The engine products are available.†Huang Yi believes that Yuchai’s launch of light gas engine products will play a positive role in promoting the upgrade of light commercial vehicles in China.
Huang Yi believes that in 2015, despite the impact of electric buses, but with its own product advantages and market factors, Yuchai bus sales of power products will be basically the same as in 2014.
Light truck power doubled growth
The truck market is actually an advantage market of Yuchai, especially the advantages of light trucks and China Cards . Through the changes in the Anhui market in 2015, we can take a peek into the leopards and see Yuchai’s advantage in lightness.
From January to April of 2015, the heavy-duty truck market in Anhui declined by 45% year-on-year. The main reasons for the decline in the market were twofold: First, due to the economic downturn, the overall heavy-duty truck market was sluggish, especially in the construction vehicles. The second was in the country. Fourth, switching and the elimination of yellow label vehicles in Anhui Province under the dual pressure, Anhui truck dealer sales have an impact.
In this context, an Anhui mainstream heavy truck manufacturer launched a preferential version of 4*2 trucks to support Yuchai's YC4E160-45 as its main product. In order to compete for the market in a limited market, dealers order one after another. In April, 82% of the four trucks produced by the company were assembled with Yuchai’s YC4E four engines.
According to the data we have learned, from January to April 2015, Yuchai's light truck power sales increased doubling. From this, we can also see that Yuchai’s light engine advantage has already formed.
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