CAR.dy77.com
NEWSnews
China Bus News

Yutong, Zhongtong, Ankai Bus Develops New Energy Buses

2013-08-22    
Yutong, Zhongtong and Ankai Bus released their sales reports of the first half year on Monday, and it predicts that China bus industry will be sluggish and fierce in the second half year, and new energy buses is a key field.
Yutong, Zhongtong and Ankai Bus released their sales reports of the first half year on Monday, and it predicts that China bus industry will be sluggish and fierce in the second half year, and new energy buses is a key field. 

Ankai Bus released their sales reports on Monday, and they profited 25.01 million Yuan, up 60.8%, and sales growth of buses contributed the main profits growth. The sales revenues were 2.05 billion Yuan from Jan to June, up 40.51%. Ankai Bus"s market shares and operation scales are growing steadily with improvement on product structure, technology advantages, manufacturing levels, management innovations.

Yutong Bus released their sales report on Monday, and their sales revenues were 9.66 billion Yuan in the first half year, up 16.48% over last year, and the profits were 632 million Yuan, up 7.18% over last year. Yutong operation costs increased by 33.44%, which are mainly comprises development costs, new energy production base, land purchasing and related taxes. Yutong energy-saving and new energy bus production base started to run and they sold 2000 hybrid buses and its market shares are 40%. 

Zhongtong Bus released their sales revenues on Monday, and their net profits were 45.09 million Yuan, up 71.56%. In the first half year, Zhongtong sold 6208 buses and their sales revenues were 1.56 billion Yuan, up 21.41% 

Zhongtong Bus invested more on development and marketing, and their sales of buses were increasing amid sluggish China bus markets and fierce competition. 

Zhongtong developed 12 meter passenger coach and hybird bus in the first half year as well as LCK6750DY school bus to improve their high end coach and new energy bus. 

Yutong energy saving and new energy production base are gradually operation.