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The joint venture between ZF Germany and Baotou Beiben Heavy-duty Truck Co., Ltd. established the establishment of a commercial vehicle transmission company and has recently spread rapidly in the industry.
From alone to find a joint venture partner, ZF has been trying to Fast and Qi tooth-third of China's commercial vehicle transmissions in the world, and now it seems that this dream is still very far away.
Three points of the world is difficult to dream
ZF, which entered China in the 1980s, has continued to expand its business map. The number of factories in China has exceeded 20, and transmissions, axles, steering gears, shock absorbers and other products have been locally produced. However, in the field of commercial vehicle transmissions, ZF has been difficult to pick up. Two wholly-owned commercial vehicle transmissions production plants in Suzhou and Hangzhou have sold less.
ZF Transmission Technology (Hangzhou) Co., Ltd., incorporated in 2005, is ZF’s first wholly-owned plant for truck transmissions in China. However, since the factory mainly manufactures high-end transmissions, its sales volume has been relatively small. From January to October 2012, the company sold more than 16,000 units. This figure is obviously far from China's huge truck market.
As a result, the search for a Chinese partner and the establishment of a joint venture plant has become ZF's attempt to break the commercial vehicle transmission market. From the earliest teeth, to the current North Pentium, hopes to master the controlling stake ZF many twists and turns, and finally found a suitable joint venture partner, the two sides set up a joint venture at 51:49, Bei Ben gave up a controlling interest, from mining Efford Holdings.
Have you found a joint venture partner that will achieve breakthroughs and improvements in the commercial vehicle transmission market? At present, the difficulty is still very high.
ZF and Beiben are joint ventures, and Beiben’s use of a joint venture transmission is not a problem. However, at present, China’s heavy-duty truck market sells more than 600,000 vehicles, while Beiben sells only 24,000 vehicles, accounting for less than 5%. Even if Beiben is fully equipped with the transmission of the joint venture, the role of the ZF commercial vehicle transmission sales will be very limited.
Analysts pointed out that the joint venture company is controlled by ZF, indicating that the transmission products will definitely be supplied in the future. However, after the joint venture, it is not known how much ZF can reduce transmission costs, and it should be difficult to compete with Fast. In the field of heavy trucks, the dominance of the Fast Transmission is yet to be shaken.
The passenger car transmission market is also long-established by ZF. Mao Yongming, head of the caries sales department, stated: "At present, ZF's market share is below 5% in the field of passenger car manual transmissions. Joint ventures between ZF and Beiben will not affect the passenger car transmission market at least in the short term. ."
Who is still known
At present, the domestic heavy-duty vehicle transmission is almost driven by Shaanxi Fast Automotive Transmission Group Co., Ltd. (abbreviated as Fast), Qijiang Gear Transmission Co., Ltd. (abbreviated as fang tooth), China National Heavy Duty Truck Transmission and China National Heavy Duty Truck Group Datong Gear Co., Ltd. (referred to as Big Tooth), Harbin FAW Gearbox Co., Ltd. (abbreviated as FAW Harbin Gear) and FAW Liberation Gearbox Subsidiary and other large manufacturers monopolized.
In the heavy-duty transmission market, Fast and Crush occupy the hegemonic position of the heavy-duty transmissions and the medium- and large-size passenger car transmission market, respectively. Fast has secured the top position in the world in the production and sales of heavy-duty vehicle transmissions for six consecutive years. The heavy-duty transmission market has exceeded 4 million units and its market share is nearly 80%.
For now, internal competition in the industry is not enough to discolor the two giants. For them, the biggest threat comes from their "God" - OEMs have their own transmission plant. With the strong momentum of independent transmission enterprises and the competition pattern of auto manufacturers producing their own medium- and heavy-duty transmissions, who will eventually rise or fall?
In these years, while fasting his own country, Faest and his teeth were also frequently invading each other's "territory." After several battles, the two sides still tied. In spite of this, they have not given up their ambition to expand their territories.
During the “12th Five-Year Plan†period, Fast focused on adjusting product structure, transforming development methods, expanding market areas, optimizing quality performance, building well-known brands, and improving service levels.
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