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Coming at a price range of CNY 340,000 to CNY 602,000, the 700 series, which include tractors, concrete mixer trucks, and pump trucks, are 30% cheaper than their imported foreign counterparts. The first phase of the Conghua plant claims with a yearly production capacity of 20,000 heavy trucks and 30,000 light trucks. It is expected to have a yearly output value of CNY 10 billion and create 3,000 job opportunities. When asked if these trucks will be exported, general manager at the company says that they will first mainly meet the demand from Chinese buyers and export them after they get final approval from the shareholders. Government officials in Guangzhou, Guangdong Province, south China, encourage the carmaker to use more China-made components to lower its costs. Source: www.dayoo.com (September 22, 2009) For full details for HINOY click here.
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