The relationship between Weichai Power and China National Heavy Duty Truck Group has finally come to an end. Weichai Power recently announced that it has officially established a clear relationship with China National Heavy Duty Truck Group in terms of property rights and has recovered nearly RMB 200 million from the heavy truck group. As one of the largest domestic engine companies, Weichai Power was once an important company under China National Heavy Duty Truck.
In August 2005, Weichai Power acquired the Hunan Torch, indirectly controlled Shaanxi Heavy Duty Truck, and openly expressed its intention to build its own heavy-duty automotive industry chain. After the separation with China National Heavy Duty Truck, Weichai Power, which already has the core resources in the field of domestic heavy trucks, is likely to integrate its heavy truck parts assets to realize the dream of heavy trucks.
View related topics: China National Heavy Duty Truck Breaks Monthly Sales Record for National Heavy Truck Industry
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