China Yuchai Controls 95% of the Pakistan Municipal Bus Engine Market
07 April 2017
www.chinabuses.org: China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”) announced today that engines produced by its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (“GYMCL”) and installed in 200 Yutong buses were put into use in Lahore’s Bus Rapid Transit (BRT) system in Pakistan. Lahore is Pakistan’s second largest city and a key municipal bus market.
Mr. Weng Ming Hoh, President of China Yuchai, commented, “Since 2012, we have won a number of orders for the supply of our bus engines to power the public transportation systems of Islamabad and Lahore. Our dominant position in the municipal bus markets of these two key cities is the result of our engines being recognized for its reliable performance and our strong after-sales service support. A further 100 bus engines will also be supplied to the city of Multan further extending GYMCL’s coverage in Pakistan.”
Source : www.chinabuses.org
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