Yutong bus to bet on new energy vehicles and special for tough problems

Posted on 8/19/2014 5:09:33 PM

At low period of the development of the industry, will be high quality spare parts assets into listed companies, is the current status of yutong bus.
Yesterday afternoon, zhengzhou yutong bus association released the m&a company lean a series of announcements of auto parts company, announced the final transaction price is 3.794 billion yuan, the price a third party given China united assets appraisal group co., LTD. 4.075 billion yuan 281 million yuan.
Reasons, such as high-speed bypass China's passenger car industry is faced with 2 ~ 3 years trough, the sheer scale of China is a passenger car market, and yutong bus already account for more than 30% of the entire Chinese passenger car market.By national overall discharge standard by three to four shift and new energy bus subsidy policies expire, in May and June 2013, China's passenger car enterprises experienced a historical developing small peak, but with the development of China's macro economy and the development of the passenger car market, in 2014 China's passenger car sales decline from the same period a year earlier.
Slump for the coaches, yutong bus to move into the new energy automobile market, benefited from the country promulgated the atmospheric pollution control policies, and consists of car out of the stimulus, new energy and energy saving and new energy bus market as a whole will be in stable growth momentum.
In addition to the new energy, yutong also wants to enter the market space more special automobile market.

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