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Foton Motors released July sales and sales report, Foton Cummins sales of engines increased by 81.4%.
Foton Motor released the July sales and sales bulletin and disclosed the data of domestic sales and export of Foton Cummins for the first time. In July, Futian Cummins sold 13,000 engines , an increase of 81.4% year-on-year. In this regard, we have the following comments: l The company's future has seen dramatic changes, and Foton Cummins has become a core growth point. The profits of the truck industry are concentrated on the engine. The improvement of light-duty truck emission supervision has led to an increase in entry thresholds for light-duty engine industries. Some engine manufacturers that are sparse in technology reserves are likely to be eliminated, resulting in an optimization of the industry's competitive landscape. From the previous price competition to competition technology, product upgrades, supply improvement, and competition The combined effect of these three declines is expected to increase the profitability of the industry. Enterprises with core technologies will obtain an extension of the value chain and an increase in net profit margin. The Foton Cummins engine will become the company's new and future growth point. The development of engine technology requires a long period of time to accumulate and more expensive trial and error costs. As a joint venture brand, Foton Cummins has Cummins support for the company's technology sources, and the future growth is more certain.
Cummins isf engine
In July, the Foton Cummins Engine sold 6031 units, an increase of approximately 133.9% year-on-year. Against the backdrop of the upgrading of light truck emission regulations, the output of many light diesel engine manufacturers continued to decline sharply, and the sales of the company's Fukang engine increased significantly. The company’s announcement of July 2014 Fukang’s internal sales increased by approximately 133.9% year-on-year. As the inventory that has not reached the standard for emissions is gradually digested in September and October, the company's domestic sales of the Foton Cummins engine are expected to increase further. In addition, we estimate that the Foton Cummins heavy-duty engine is also in a rapid climb in the 14th and 15th years. In the future, the company is expected to become a domestic engine. Star business.
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