国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Markets

Industries

Insights

Reports

Events

Engine makers mull price rise

By Hao Zhou (chinadaily.com.cn)
Updated: 2008-04-29 17:07

Related publication:

Related readings:  Chery builds own engine block plant  Shanghai Diesel Engine  Shanghai Auto to buy diesel engine maker  Carmakers outline engine strategies

"Soaring raw material prices are pressuring engine makers, and most of them are mulling price raises," said Liu Tiezhuang, deputy general-manager of Dalian Diesel Engine Sales Co Ltd owned by FAW Jiefang Truck Co Ltd.

"We may raise product prices between 10 and 15 percent. Steel comprises 98 percent of an engine. Skyrocketing iron ore prices will undoubtedly affect engine makers' purchasing costs," echoed Wu Changhong, deputy sales manager of Shanghai Diesel Engine Co Ltd.

"At least a 10 percent rise in engine prices could offset engine makers' rising costs," believes Jia Guiqi, chief designer for Dongfeng Chaoyang Diesel Engine Co Ltd. "We are exchanging opinions with auto factories, who are under great price pressure, and hope to reach common ground with them, but not until now," Jia added.

Yuchai is distinct from average engine makers confronted with the raw materials price hike. Early in 2007, the engine maker had set up an independent budget department in an effort to control costs from inside and strengthen internal supervision. "We are able to digest current cost rises," said a Yuchai insider with confidence. "However, Yuchai may follow the market tide and change its prices."

....

The full text is available in theApril Issue ofAuto China