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The Road of China Buses Part II

29-09-2007

According to the statistics from China Bus Information Center, domestic bus manufacturers exported 11,488 units in 2006, up 117.45 percent year-on-year. The most remarkable growth comes from Suzhou Kinglong, whose exports grew by 409 percent over 2005. "We reaped great benefits in the global bus market last year, generating $81.63 million from the sale of 1,548 buses. This is significant compared to the $15 million we made from exports in 2005 and the $3 million we made in 2004," says Xu Jianzhong, vice-general manager of Suzhou Kinglong.

The trend is continuing this year. In January, Suzhou Kinglong announced that it won an additional order from Qatar for 300 Higer buses. Qatar purchased 500 Higer buses previously, valued at 300 million yuan, from Suzhou Kinglong to shuttle athletes, officials and media from all over the world to various venues during the games. It was the first time that Chinese buses served such a global event.

In 2006, Yutong exported 1,300 buses to Cuba out of its total exports of 2,002 buses and plans to further export another 5,000 units to the island nation within three years. Cuba had received the first batch last February at a ceremony hosted by Cuban leader Fidel Castro. According to Huatai Securities, Yutong has confirmed the export order of over 1,000 units, excluding the coaches to Cuba.

On March 28th, 500 JAC buses produced by Anhui JAC Automotive Co., Ltd set out to Algeria from its headquarters in Hefei of Central China's Anhui Province. The company sold 510 coaches to overseas market in 2006, but in the first quarter of 2007, 700 units were outbound, up 137 percent year-on-year.

Dongfeng Motor Co., Ltd signed a deal with Egypt in the first quarter of this year for exporting bus chassises. The first shipment of 800 units will be sent to the African within the year. In 2005, Dongfeng had won the big order with 1,000 buses to Ukraine.

She Zhenqing, chief analyst of China Bus Information Center, says that the exports of made-in-China buses will account for 30 percent in the global market by the end of 2010. (To be continued tomorrow with Part III)


 

Editor:Frederick Wei from Chinabuses.com


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