On September 12, 2013, Weichai Power's sales executive revealed that during the first half of the year, the sales of domestic heavy trucks grew rapidly. Weichai sold a total of about 150,000 heavy-duty engines, a year-on-year increase of 22.7%, and still has an absolute advantage in the industry.
At the 12th China International Combustion Engine and Components Exhibition held in Beijing on September 10, a sales person in charge of Weichai Power at the exhibition stated that Weichai Power sold more than 200,000 10L-13L engines in the first half of the year. Compared with the same period last year, it has increased. The dominant position of heavy-duty engines for Weichai Power's main products in the heavy truck market and loader market is still very strong. Affected by the heavy truck and loader terminal market, Weichai Power's business in these two areas is also increasing or decreasing.
Weichai Power Station
Weichai Co., Ltd. sells heavy-duty truck engines that are mainly supplied by heavy-duty truck manufacturers such as Foton Motors, Shaanxi Auto , and Qingdao FAW. The combined capacity of the heavy-duty trucks in the 14-ton or above market is 38.5%, which still has absolute advantages in the industry.
Weichai Power mainly supplies Shandong Linggong, Liugong and other mainstream loader manufacturers. In the first half of the year, it sold 40,000 sets of 5-ton loader engines, an increase of 5.9% year-on-year. In the most mainstream products, the supporting share of the 5-ton loader reached 67%, and it continues to maintain its leading position in this field. At the same time, the company began supporting the excavator engines for the mountain reconstruction machine and XCMG machinery in 2010, as well as supporting the bulldozer engine for the Shantui Group.
The responsible person stated that small diesel engines still have competitors in the domestic market, while the heavy diesel engine field has no rivals for Weichai Power.
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