Weichai want to "backdoor" Chuanjiang car dream car dream

Weichai want to "backdoor" Chuanjiang car dream car dream


After experiencing Shaanxi Automobile, Asian Star Bus, and German Man Company, the dream of the giant engine maker Weichai Power is expected to be realized in Chongqing. Shandong Weichai Power will invest 800 million yuan in Jiangjin to build a 5000 passenger car plant with annual production capacity. At present, Weichai is negotiating with Chongqing Municipality to acquire Chongqing Chuanjiang Automobile, which has been losing money, in order to obtain vehicle production qualification.

Weichai wants to acquire Chuanjiang Automobile

Weichai Power took a peek at Chuanjiang Motor Co., Ltd. in Jiangjin Baisha and hoped to borrow backplanes to obtain Chuanjiang's bus production catalog and realize its dream of building a car for many years.

Many people don't know Chuanjiang Automobile. It is understood that Sichuan Jiangjiang Automobile Co., Ltd. is known as Chongqing Chuanjiang Vehicle Manufacturing Co., Ltd., located in Jiangjin Baisha, Chongqing, and mainly produces vans, dump trucks, traction cars, medium and light buses and sleeper buses. Chuanjiang Automobile is also well-known in the southwestern region and has produced and sold nearly 10,000 vehicles in its glorious period. However, in recent years, due to poor management and fierce competition in the commercial vehicle market, it has been heavily indebted and was hosted by the Jiangjin government.

The key projects of the Chongqing automobile industry chain in 2010 include Changan Ford Mazda's expansion technology, Chang'an Suzuki No. 2 Plant and Weichai Automobile Plant. “Shandong Weichai had a factory in Jiangjin, and it was a matchmaking by senior leaders of the municipal government. Therefore, Weichai and Sichuan River were 'good'.” The person familiar with the matter said that the negotiations on Weichai’s acquisition of Chuanjiang had already been conducted. In the past half year, the negotiation process has been complicated and twisted. Recently, there have been breakthroughs and there should be final results within this year. “At the upcoming Bianlu Economic Cooperation Summit, it should be a node.”

Yesterday afternoon, the reporter tried to contact Ding Lixin, the director of Shangchai Diesel Engine Co., Ltd. to verify the matter, but his office staff informed: “Dai always had a business trip. I don’t know what you’re asking. If there is any, let’s wait for the announcement.” However, Jiang Jin An official who declined to be named in the District Economics and Information Commission affirmed: “The incident is definitely correct, but WeiChai is a listed company, so the announcement is required.”

Plans to invest 800 million yuan to build a new base in Jiangjin

The reporter has compiled a "Chongqing Key Industry Development Planning and Industry Chain Project Planning Research Report" recently edited by the Chongqing Municipal Economic and Information Commission and found some information about Weichai's entry into the market. In accordance with the plan of Chongqing Municipality, Weichai will complete a total investment of 800 million yuan in the Weichai vehicle project, improve the supporting system, and build a 30 billion-class commercial vehicle industry chain. It is reported that the initial capacity of the Weichai vehicle project is designed to be 5,000 vehicles, and the estimated new output value is 3 billion yuan. The person familiar with the matter said that the government of Jiangjin District has already started a project named "Weichai and Chuanjiang Automobile Cooperative Project Earthwork Square" at Desen Industrial Park. The total excavation volume of the project is about 3.5 million cubic meters, and the bidder is Chongqing. City Desen Industrial Park Construction Co., Ltd. The factory start date is expected to be on Labor Day this year, including factory buildings, office buildings, etc., and is scheduled to be completed by the end of 2012.

News depth

Chuanjiang Motor is the most valuable "license"

Since Weichai Power formally broke away with China National Heavy Duty Truck in 2006, China National Heavy Duty Truck has been trying hard to strengthen its engine segment, and Weichai Power has never given up the dream of getting into vehicle manufacturing.

In June 2007, Weichai Power had increased the capital of 416 million yuan in Shaanxi Zhongqi, trying to control Shaanxi Automobile to enter the vehicle field, but was blocked by Shaanxi Automobile, which sought to be listed as a whole. Afterwards, Weichai again ties up with the world heavy truck giant German Manger and announced that it will form a joint venture with Man. However, this “sweet dream” was quickly intervened by old rival Sinotruk. German Man announced in July 2009 that it spent 6.048 billion euros to buy shares. China National Heavy Duty Truck became the second largest shareholder, and WeiChai's dream of car also failed to materialize. During this period, there was also an obituary scandal involving Weichai and Zhejiang Yaxing buses, but no results.

Judging from the strength of Weichai, the Suqian River car is not alone. In the eyes of Weichai, Chuanjiang’s most valuable is the car production catalogue he owns. Weichai’s dream of making cars for many years may be realized in Chongqing this year. .
View related topics: Weichai Power: Expanding Auto Parts Gold Industry Chain


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