Recently, the Development and Reform Commission approved the joint venture of Anhui Jianghuai Automobile Co., Ltd. and the United States Navistar to produce diesel engine projects. When did the project start construction? What is the product? When is offline? Where is the market? Why did Jianghuai and Navistar negotiate with heavy trucks and engines during the negotiation period, and now the NDRC has only approved engine joint venture projects, but there is no heavy truck project? With all sorts of questions, Fang Dewang’s reporter interviewed Lu Wei, general manager of Navistar China for the first time.
Lu Hao told the reporter that before the approval of the JAC and Navistar engine joint venture project, the factory design work had already started. Now it has been approved and it is expected that it can be started soon. "The time for approval of this approval is in line with our previous estimate, and it is expected that the new factory's products will go offline next year." Lu Hao gave such a timetable.
Speaking of the factory's products, Lu Hao said: "The joint venture factory mainly produces JAC HFC4DA1 (2.8L) series diesel engines and Navisida MaxxForce (3.2L, 4.8L and 7.2L diesel engines), with an annual production scale. Up to 150,000 units. However, this scale will be gradually achieved."
Speaking of the joint venture's product market, Lu Hao said: "The joint venture's products are mainly equipped with JAC light trucks, of which the 7.2-liter Maisfu engine will be fitted on JAC's Sword platform. The joint venture's products, in addition to satisfying China's domestic Outside the market, it will also aim at high-end markets for foreign light engines."
In addition, the reporter further learned that the registered capital of the joint venture company is 600 million yuan, and the two sides invested 300 million yuan in accordance with the principle of reciprocity, with a total investment of 1.8 billion yuan. The project construction site is located near the intersection of Zishi Road and Lianhua Road in Hefei Economic and Technological Development Zone.
In response to the approval of the Development and Reform Commission, the reporter raised some speculations from the industry that the joint venture of Jianghuai and Navistar will only report and approve the engine project, but the entire vehicle project will not be approved. It will be because of the heavy truck market in the past two years. The downturn has caused the entire vehicle joint venture to be blocked?
Lu Hao made it clear: This is not the case. “When the two parties negotiated together, the engine project was negotiated with the vehicle project, but it was later considered that the engine project approval was simpler and faster. Therefore, both parties decided to declare the engine joint venture project to the NDRC. The engine project has now been approved. The joint venture project for complete vehicles and heavy-duty engines will also be reported to the NDRC soon." Lu Hao said that the two parties have been discussing the introduction of large-displacement diesel engines, such as the Navicus MaxxForce9.3L and MaxxForce11/13L. In the future, JAC and NA After the approval of the heavy-duty truck and engine project of Vidastar joint venture, the joint venture engine company will expand its business scope to produce heavy-duty diesel engines.
When reporters asked whether the decline in China's heavy-duty truck market in the past two years will affect Navistar’s confidence in entering the Chinese market, Lu Hao said: “Navistar has been very optimistic about the heavy-duty vehicle market in China. Although there have been sales in the past two years, The callback, but we believe that in the long run, heavy truck sales will return to a stable development path."
Talking about this year's heavy truck market, Lu Hao appears relatively optimistic: “This year's heavy truck sales may continue to decline compared to last year, but from next year and the following year, it will resume a small steady growth. Learn from the capacity of heavy truck market in western developed countries As a development trend, China’s future heavy truck market will maintain a stable market capacity and sales volume may not continue to increase, but it will continue to increase in terms of safety and stability.â€
Speaking about the previous period when Navistar was punished by the government in the United States will not affect the cooperation with Jianghuai in China, Lu Hao made it clear: “No. First of all, the impact of this matter is limited to the US domestic market; This incident has absolutely no impact on China; in addition, Navistar is also actively looking for solutions. A specific statement will soon be issued."
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