Weichai Announces Price Reduction of 16,000 yuan for High Pressure Common Rail Engines

The impact of the international financial crisis on China’s economy is increasingly evident. The market demand has shrunk, and production companies have started underemployed. Demand for bulk raw materials such as coal, iron powder, and sand and gravel materials has dropped significantly, which has directly led to a decline in freight traffic. A large number of transport vehicles stopped, causing users who originally planned to buy cars to run transportation to make money. They tighten their pockets, look closely at the purse strings, and prepare to shoot at the most favorable time.

It is understood that the EGR heavy truck price has increased by more than 10,000 yuan compared with the national 2 discharge standard heavy truck, and the high pressure common rail heavy truck is higher than 25,000 yuan. EGR heavy trucks have a clear competitive advantage due to their low prices. Heavy truck companies such as China National Heavy Duty Truck Co., Ltd. equipped with EGR engines quickly expanded the market share of China's triple-duty trucks. Heavy-duty truck companies that use high-pressure common-rail engines are forced to compete with low-price EGR and sales have fallen sharply. Users report that high pressure common rail heavy trucks are good, that is, high prices. If they can narrow the gap between EGR and heavy trucks, they are still willing to consider high-pressure common rail heavy trucks.

In order to eliminate user wait-and-see psychology, indecisive owners have decided to purchase cars, and truck manufacturers equipped with electronically controlled high-pressure common-rail engines have lowered product prices, hoping to attract owners to purchase cars through this promotion.

It is reported that heavy-duty high pressure common rail heavy trucks recently cut prices. Weichai first announced the price reduction of 16,000 yuan for high-pressure common-rail engines, reversing the disadvantages of high-pressure common rail and EGR heavy truck competition in the market. The price of high-pressure common rails and EGR heavy trucks is not much different. The price of individual models is quite similar, even Approaching the national 2 car level. Due to the impact of the international financial crisis, the production and sales of heavy-duty trucks were sluggish. At the same time Weichai announced price cuts for its engines, some heavy-duty truck companies were also cutting prices. High-pressure common-rail heavy trucks saw a double price cut for engines and vehicle prices.

It is understood that Xichai, Weichai, and Yuchai have all prepared to launch EGR engines and will determine marketing strategies based on market conditions. EGR heavy-duty trucks and high-pressure common-rail heavy trucks still need time and market inspections. There may be two situations: First, the user's awareness of the country 3 products is becoming clearer and clearer. It is clear which products are more cost-effective and which products are Really environmentally friendly. Second, companies and users still pursue EGR products. This will lead to more truck companies producing EGR heavy trucks and waste of resources.

The relevant personages of the China Internal Combustion Engine Industry Association believe that EGR has made a breakthrough in breaking the high price of high pressure common rail products by foreign companies and changed the pattern of monopoly of foreign parts enterprises. Products that meet the requirements of the national emission standards are good products. In respect of parts and components, we have long been subject to spare parts suppliers in developed countries and have been drawing high profits. In the course of this emission upgrade, China National Heavy Duty Truck launched EGR products, forcing foreign companies to cut prices and safeguarding the interests of consumers. As for how the heavy truck market will develop in the future, it also needs market testing and consumer choice.