Weichai chasing in the Turkish market

February 13, the country also filled with the atmosphere of the New Year, Turkish International Boat Show (EURASIABOATSHOW2016) has already kicked off in Istanbul, more than 300 ships product suppliers, service providers participating. Weichai nearly 150 square meters of exhibition area in the exhibition engine chasing harvest numerous attention and become the focus of the scene.

The annual Turkish International Boat Show is almost all Weichai ShowTime, last year's show, dozens of Weichai sales fell swoop, brought nearly a million dollars in the market order for the market to create a new growth point, new product into the market to provide a successful application cases.

Turkish north of the Black Sea, south of the Mediterranean, connecting Europe and Asia at the crossroads of the ancient Silk Road is the gateway to Europe. Today, Turkey with excellent geographical location and a stable economic situation in advance "along the way" building plays an important role, is one of the core markets coveted by many enterprises.

In a crowded market, how can a person become a large-scale exhibition of the show, which is a lot of peer puzzling problem. Naturally, relying solely on Majestic booth, a full range of products will be able to field full-chasing, which is obviously not enough!

This small series go to Turkey team Weifang, Weifang Secret campaign Turkey's "exclusive secrets", do not look will regret it yo!

Zhuchaoyinfeng

Turkey has a long coastline, fisheries development, ship engine and power generation equipment demand in 2004, Weichai power generation equipment as the starting point, successfully entered the local market. After years of careful cultivation, Weifang currently has in local power generation equipment and marine engines Qi drive and drive pattern formation.

To increase development efforts in 2015 to set up the flow Weichai Turkish company, and has established a large-scale storage of accessories in the local central repository FTA to Turkey as the center, will quickly cover parts and services to North Africa, Europe and other markets, improve market response efficiency.

Zhuchaoyinfeng Weichai Turkey after its establishment, soon attracted many local people to join. Turkish boy ENCANYAZICI, 2014 July to join Weichai Turkish sales team. Recruited more than a year, outgoing personality, high professionalism, so he quickly integrated into the team, the Turkish team to become "best foreign aid." Language and culture have the advantage of local talent, the market is also more familiar, ENCANYAZICI become Weichai and other local staff of the Turkish market to open up a razor.

Speak with strength

Go steady is more important than faster pace. In the channel construction, Weichai Turkish companies did not blind expansion, but carefully selected, rational distribution. In June 2015, they invited a local influential truck plants to visit the headquarters of Weifang, Weifang size and strength to get the top of this enterprise is quite shocking, and expressed willingness to deeper cooperation. In fact, this is the principle Weichai Turkish company: "We rely on strength to speak favored partners, we will also use the strength to prove everything!"

With the strength to speak, it is the Turkish company Weichai guide to action. Turkish coastal town dotted with a large number of fishermen who are potential end customers, but because of the distance involved, more scattered distribution, large-scale exhibition activities are often less than the radiation here. 2015, Weifang Joint dealers around the Black Sea along the Turkish important fishing port product tour, full of more than 3000 kilometers, so that vessel owners and fishermen to observe at close range products, many customers signing site, closer relationship between the end customer and Weichai .

According to Hao Feng Weichai Import and Export Corporation Europe manager: Currently, in all market segments, a large number of loyal customer base is become the size, they are not only the most loyal users Weifang, Weifang in the Turkish market has become the most powerful advocate. Weichai engine being approached more and more Turkish users.

Yuchai hand in hand with the German MTU embarked on a new starting point

February 19, 2016, Yuchai and German MTU company after two years of joint venture negotiations finally settled, the two sides held a joint signing ceremony in Yulin hotel, a joint venture between MTU Yuchai Power Co., Ltd., to create a powerful combination the world's leading high-technology, high-speed high-power engine, expand domestic and foreign shipping electric power market. This marks the internationalization process Yuchai has a major step forward.

China Internal Combustion Engine Industry Association executive vice president and secretary general Xing Min, Chinese internal combustion power generation equipment industry Association Zhang Hongzhong, Deputy Secretary-General Yang new levy, as well as the mayor of Yulin Su Haitang, Deputy Mayor Qiu Dekui, Yuchai Yan Ping, chairman of Shares Dr. MTU CEO Dole (Dr.DOHLE) attended the signing ceremony.

MTU is the Rolls - Royce Power Systems, a subsidiary, is the world's leading engine manufacturers. This time, Yuchai joint venture with MTU, established in Yulin Yuchai MTU Power Co., the company's exclusive introduction of MTU S4000-03 Series engine development technology and manufacturing technology, and gradually realize the localization series engine parts, in a competitive price to the market in line with China T3 emissions regulations, the engine power output in the 1400-3490 kilowatts. The joint venture will be officially put into operation in 2017, with an annual output of the engine 1500.

Construction joint venture will advance in two phases. The first phase, the joint venture will invest in new production lines, procurement-related parts and components produced from MTU, and China Yuchai tripartite suppliers, products will be marketed in China Yuchai shares by the company and MTU, while in China the overseas market MTU will be the exclusive sales, the target market for high-powered generators, power and oil and gas drilling market areas. The second phase, the joint venture plans to expand according to market demand and market product spectrum of applications, and consider establishing a sales and service network in the joint venture to sell directly to end customers.

Speech by Dr. Dr. Dole Dole said, MTU company chose China because China is the largest emerging market, MTU's S4000 diesel just to meet the needs of the Chinese market. MTU chose Yuchai, because China Yuchai is the largest independent manufacturer of diesel engines, Yuchai in non-road especially oil and gas fields and electric power boat market have ambitious strategy, and Yuchai has a strong R & D, manufacturing and marketing strength. MTU company hopes to cooperate with Yuchai, reduce production costs through the engine made in China and the expansion of sales channels in China, to achieve incremental market.

Yan Ping believes that the "new normal", the greatest difficulty facing Yuchai mainly from the external market environment, competitive environment and changing policies and regulations, Yuchai need to "pass through the transition." The partnership is expected to promote the realization of three Yuchai transition, namely "market transformation", "management restructuring" and "brand transformation." In recent years, Chinese enterprises to strengthen each engine-power high-speed diesel engine development and upgrading, Yuchai high-powered electric boat sector also increased investment in research and market development, market influence gradually enhanced. Yuchai joint venture and MTU company's long-term strategic planning in line with Yuchai to develop the strategic direction of the ship electric power business segment, can broaden the product chain, enhance competitiveness, the industry leader. The next five years, Yuchai will continue to build partnerships with the new partnership, the full development of the international advanced level of product platform to enhance the competitiveness and international level Yuchai.

According to industry experts, the future, China will continue to maintain a strong development potential, which will bring both new opportunities of cooperation in a number of markets: power generation, such as high-end high-speed rail, airports, data centers, intelligent manufacturing and other infrastructure, China demand for natural gas, oil drilling, etc., so that the cooperation will have a more broad prospects for development.

During the signing ceremony, Yuchai also signed the first batch of 50 firm orders and MTU engine company, with the signing of the first OEM customer sales orders.

Quan Chai and Bosch signed to develop high-end diesel

January 20, all diesel powered with Bosch Automotive Diesel Systems Co., Ltd. signed a comprehensive strategic framework agreement. All wood Group chairman Xie force all diesel powered, full-power general manager Chai Pan Zhongde, president and general manager of Bosch China, Wang Weiliang, Deputy General Manager Miao Yuming, attended the signing ceremony.

Under the agreement, both sides will field five country road vehicle and engine emission regulations over fuel system matches, after the country road vehicle emission regulations over five and treatment projects, the country more than three non-road engine emission regulations matches the fuel system and the like comprehensive cooperation and common accelerate technology research, development and marketing of diesel engines for the Chinese market of high-end products.

The strategic cooperation agreement covers all diesel-powered cars, construction machinery and agricultural equipment with a full range of products. As Bosch common rail diesel systems in China, one of the largest users, this cooperation is conducive to the acceleration of global sourcing all wood Next, enhance the quality of development, establish a benchmark for the industry. At the same time as the comprehensive strategic partnership Bosch, all diesel powered hope is to establish normal coordination mechanism to assist all wood with a higher brand image and competitive ability to participate in market competition, to provide users with more energy-efficient, environmentally friendly and efficient green power.

In 2004, all diesel began working with Bosch, a new generation electronically controlled diesel engine product research and development. Since the early technology development, technical reserves and accumulated for a long time, whether it is product development, advancement, stability, economy, or in response to the market and policy changes, all wood are at the forefront of the industry. With the escalating enforcement and national emissions regulations, all wood innovation-driven competitive advantage gradually become the nation's largest independent small and medium power diesel engine supplier.

By the end of 2015, all diesel fuel accumulated delivery system equipped with Bosch four-country vehicle diesel engine more than 150,000 units, product quality has been OEMs and users of praise.

It is reported that all wood products on the market five countries are working smoothly. Currently, all wood has been completed A, B, F, and other developed countries and five diesel gasoline A series of products, including N1 class, 4A2,4H A series of vehicle and diesel engine and five countries and 4F1 series N2 class 4A2,4B2,4H1 Automotive diesel engine five countries, five countries where diesel 4H platform is all wood to build a new power platform, the product uses high-pressure common rail diesel technology advanced dual overhead cam, four-valve single-cylinder, dual-axis balance, with upgrade six more than the ability to emission standards and the country.

Currently the whole country five diesel engine is cold Heihe doing calibration tests, low temperature start good product performance, reliability and stability. N2 class products are automobile companies with the engineering development, various models of the main project will be completed in February, all of the "three high" calibration test. Product verification has been completed and key components, and related products will be mass production in March. N1 products with various OEMs cooperation projects have been started, but long product calibration cycle, the first half of 2017 is expected to mass production.

Under the current environmental policy and technology continues to upgrade the background engine companies take the lead in restructuring and development in the automotive, construction machinery and agricultural equipment industry trend. The five countries all wood products on the market system work smoothly, meaning that all wood is fully equipped with the ability of independent research and development of higher technical requirements for diesel engine, complete with an independent advanced diesel and gasoline engine and the ability to use the whole match calibration, to further promote the full Chai achieve strategic transformation, product upgrades. And the all-round cooperation with Bosch diesel-powered strategic layout in line with the future development of both sides, both sides can better play their respective advantages to expand domestic and foreign markets.

Cummins announced the results of 15 years and 16 years is expected to disclose

Passed in 2015, it has entered a new Cummins 2016. Today will take you reviews Reviews Cummins 2015 results.

2015 annual sales revenue of $ 19.1 billion, not counting such as restructuring and impairment and other related expenses, EBIT margin was 12.5%

2015 fourth quarter revenue of $ 4.8 billion Excluding restructuring and impairment and other related expenses, EBIT margin was 11.1%.

The company expects 2016 sales will fall 5-9%, EBIT margin expected to be between 11.6 to 12.2 percent.

Recently, Cummins Inc. (NYSE: CMI) announced its 2015 full-year and fourth quarter sales.

US dollar led to higher sales fell 4 percent in the fourth quarter Cummins sales $ 4.8 billion, down 6%.

North American sales fell by 2%, while sales in the international market suffered a greater decline, a drop of 12%. In many international markets, the largest Latin American market sales decline.

Fourth quarter EBIT of $ 531 million (not counting $ 211 million of impairment and restructuring charges of $ 90 million), EBIT margin was 11.1%, while the same period in 2014, EBIT was $ 661 million, EBIT margin was 13%.

For a more scientific planning Cummins global manufacturing footprint, the company reduced the size of the North American light engine manufacturing. The move to re-evaluate the carrying value of the related manufacturing assets. Accordingly, the financial data for the quarter Cummins record $ 221 million non-cash, pre-tax impairment. In addition, Cummins has produced a restructuring expenses of $ 90 million, in the fourth quarter and $ 60 million in financial accounting or loss.

Cummins 2015 fourth quarter net income of $ 161 million ($ 0.92 per diluted share), Excluding impairment and restructuring charges, net income was $ 355 million ($ 2.02 per diluted share). Remove one-time items, the same period in 2014 was $ 465 million data ($ 2.56 per diluted share).

2015 annual sales of $ 19.1 billion, down 1%. Although revenue in the North American market increased by 7%, but sales in Latin America, Europe and Asia Pacific fell, the international market fell by 11%.

EBIT $ 2.09 billion, an EBIT margin of 10.9%. If you do not calculate the difference between the impairment and restructuring charges, EBIT was $ 2.39 billion, an EBIT margin of 12.5%. Remove one-time items, EBIT in 2014 was $ 2.53 billion Cummins.

Cummins 2015 full-year net income of $ 1.4 billion ($ 7.84 per diluted share), Excluding impairment and restructuring charges, earnings of $ 1.59 billion ($ 8.93 per diluted share), compared with Cummins EBIT of 1.67 billion dollar ($ 9.13 per diluted share).

"2015 on a series of key initiatives we have made significant progress, including the launch of new products in the Chinese market and gain market share, the acquisition and integration of distributors in North America, to improve product quality while effectively reducing the cost of materials." Cummins chairman and CEO of Lamborghini text (TomLinebarger) said, "but, the strong appreciation of the dollar to the weak market and our business has brought great challenges. in response to market demand is low, we promote the restructuring and other aspects of the staffing plan, manufacture and launch related initiatives in order to reduce operational costs. "

"Despite the macroeconomic environment remains challenging, benefiting from restructuring, lower material costs and product quality improvement initiatives, coupled with the upcoming release of 2016 new products and upgrade product platform, Cummins future will have a more robust business performance. We expect 2016 will return through dividends and share repurchases 75% of operating cash flow to shareholders. this is all based on our 2015-related initiatives. we return to shareholders in 2015 reached $ 1.5 billion, creating a new record . "Rambo Wen made the summary.

Based on current projections, by 2016 sales revenue fell Cummins will hover between 5-9%. EBIT of about 11.6% -12.2%.

Dongfeng commercial vehicle truck 118 000 2016 target

January 27, 2016, Dongfeng Commercial Vehicle Co., Ltd. Operations Work Conference and in 2015 concluded awards ceremony was held in Shiyan. Conferencing systems reviewed Dongfeng commercial vehicle business in 2015, and set the 2016 business objectives: truck vehicle sales will reach 118,000, to further enhance the market share compared with 2015, the overseas market sales steadily. The meeting stressed that 2016 will be further Dongfeng commercial vehicle market and customer focus, focus on the tractor started and win the battle, the quality of the war, the Battle of powertrain and organizational optimization of the war, consolidate the leading position.

Deputy general manager of Dongfeng Automobile Company, Dongfeng Commercial Vehicle Company Ltd. Tong Dongcheng, Dongfeng Commercial Vehicle Co., Ltd. Chinese and foreign management team members attended the meeting.

Huang Gang, general manager of Dongfeng Commercial Vehicle Co., Ltd. in the work report that in 2015, Dongfeng commercial vehicle sales of 114,000 trucks, up slightly increase market share in overseas markets to maintain growth, spare parts business continued to grow, the further integration of foreign management team, supporting the position of the DFG in the heavy truck industry sales of the first, Dongfeng Shiyan base to ensure harmony and stability. 2016 truck sales target will be up to 118 000, market share, sales revenue and operating profit compared with 2015, to further improve.

2016, Dongfeng commercial vehicle will synchronize the development of domestic and overseas markets, accelerate product development and strategic competitiveness of existing products to maintain and strengthen the competitiveness of goods; adhere problem-oriented, improve quality and reduce the rate of compensation; further strengthen the marketing capacity expansion to develop a marketing plan based on market segments, while strengthening large customers to develop, enhance distribution capabilities; in overseas markets, to seize the "along the way" development opportunities, build retail organization for overseas; continue to promote business development after the market through commodity R & D support for the development of post-market, strengthening after-market technology, quality improvement to enhance and continue to broaden revenue streams.

Bosch sales of over 70 billion Euro

According to preliminary data show earnings, the Bosch Group 2015 sales growth of about 10% *, for the first time more than 70 billion euros. 2015 company earnings also made progress, EBIT contains non-recurring items increased to about 50 billion euros. After removal of the non-recurring items, earnings total 4.5 billion euros. Group EBIT margin of 6%, according to the same basis, compared with last year has improved.

Although the company money in the acquisition of all the shares and now the BSH Bosch Steering Systems Co., Ltd., the asset-equity ratio and cash flow remains good. Bosch Group Board Chairman Dr.Deng Lull said:. "Although the 2015 challenging business environment, many market showed weakness, but the advantages of the Bosch Group with innovative, able to successfully continue the positive development of business growth is a major driver force that we are able to provide more and more connectivity solutions. "

Bosch is leading the digital revolution

Things to bring the Internet trend is gradually driving Bosch business began to transition some of these areas and even fundamental change. Bosch is the company all three levels have contributed the only company in the Internet of Things. Key Technology Bosch Group offers Internet makes it possible, for example, sensors and software, and the development of new services on this basis.

"We are with our sensors, software and services in the hands of professional technicians dedicated to create a connected world, and open up new business opportunities 'digital revolution' for us, will never be a threat; the contrary, we will it as a huge opportunity. "Dr. Deng Naer added. For example, Bosch announced its entry into the smart home market. On a few weeks ago in the United States Las Vegas International Consumer Electronics Show, to the public for the first time Bosch demonstrate its smart home system.

* Recently acquired BSH Bosch Group and Steering Systems Co., Ltd. is the first complete financial data included and displayed in the earnings report. All 2014 traffic data have been adjusted for comparison on a uniform basis.

2015 Development of various business sectors

By 2015, the performance of four business sector development each showing a different trend. Dr. StefanAsenkerschbaumer CFO and vice chairman of the Bosch Group, explains: "In 2015, we further improved in a number of business areas of our market position and competitiveness, and achieve a higher market share." While the global automotive production the poor growth, according to preliminary data, the Bosch automotive Group and intelligent transportation technology business remains strong, with annual sales growth of 12% in 2015, reaching 41.7 billion euros.

Gasoline and diesel injection systems, driver assistance systems, and infotainment systems are Bosch's most successful products last year representatives. Consumer goods business also achieved strong growth, with sales up 9.3% over last year to reach 17.2 billion euros. One of the most popular products, including household appliances, cordless power tools and interconnected stove and other products.

Energy and Building Technology business 2015 sales reached 5.1 billion euros, to achieve 11% growth over last year improved significantly. Its success is mainly attributed to the service, security systems and large-scale infrastructure projects interconnected intelligent heating solutions. The Industrial Technology business continued to be the weak global impact of mechanical engineering, sales fell by 1.7% compared to 6.6 billion euros last year. By 2015, the field of drive and control technology is important in the mechanical engineering department of the market is still showing the doldrums.

2016 outlook - cautiously optimistic

Bosch expects the global economy in 2016 will be 2.8% showed a moderate rate of growth. "We also need a more intense market volatility ready, which includes both market volatility regional and industry-specific." Dr. Asenkerschbaumer representation.

In 2016 the market will continue to show the complexity of the situation, and uncertainty. Nevertheless, Bosch still want to be able to maintain growth momentum this year, and made higher than the market average growth rate of growth in multiple markets. In addition to ensure long-term development of the company to invest outside, Bosch will also aim to further enhance performance and EBIT.

Internet solutions to make life more convenient, more comfortable, more comprehensive quality

Bosch's strategic goal is to travel the Internet, the Internet production, construction and interconnection of energy systems and provide all kinds of solutions. By 2015, the company has released a series of the latest achievements in these areas. "Internet technology is the key to face scarcity of resources and urbanization challenges of the future." Dr. Deng Naer representation. For example, to achieve a smart interconnected buildings, make their energy consumption by up to 40%. 2020, or about 15% of the world's 230 million households will be equipped with smart home solutions.

"Internet technologies and systems will provide users with high convenience and intuitive operability," Dr. Deng Naer continued. Accordingly, Bosch Intelligent home system is very concerned about the user experience. Through a central control platform, the system can achieve intelligent network including heating, household appliances, entertainment systems, lighting and security systems, and other devices. Just be ready for all connected devices in the home operated by Bosch Intelligent home APP on your smartphone or tablet.

Based on the traditional business advantage, the courage to enter new areas

"We are entering new market development prospects, such as the Internet and smart home industry, and seize every opportunity to traditional markets." Dr. Deng Naer representation. Intelligent Transportation Electrification It is one aspect. In 2015, one of the most important cases of the acquisition of start-up battery technology Bosch is the American company Seeo. It also helped Bosch mastered the field of solid-state battery of cutting-edge technology. As Dr. Deng Naer said: "In this business, whether progressive or subversive development, Bosch will have to participate."

Bosch also sees great potential in the field of commercial vehicles and two-wheelers. In both areas, Bosch recently set up a special division to better serve the market and customer needs. Automation, electrification and interconnected, that three major trends in intelligent transportation, will have a profound impact on the two-wheeler and commercial vehicle markets. In the field of commercial vehicles, automation will play in reducing accidents increasingly important role; in the field of two-wheelers, particularly in developing countries, compared with two-wheelers injection systems currently used carburetor system can effectively reduce fuel consumption, energy savings made outstanding contributions.