BUSMAKERS NEWS * China: Zhengzhou Yutong Bus'
* Zhengzhou - Bus maker gains foothold in Venezuela
(Photo by WANG CHUN/CHINA DAILY: Coach buses manufactured by China's Zhengzhou Yutong Group Co are loaded onto a cargo carrier bound for Venezuela, in Lianyungang Port, Juangsu province, on Tuesday)
Port Lianyungang,Juangsu,China -China Daily/ECNS, by Qin Dexing -21 July 2014: -- Zhengzhou Yutong Group Co, China's largest bus manufacturer by production capacity, is pursuing a stronger foothold in Venezuela by assisting the country to build a new plant and more after-sales service stations, as Chinese automakers focus on this new and lucrative market in Latin America... The plant in the western state of Yaracuy has an expected assembly capacity of 3,500 buses a year by 2017. It will produce three models of buses for urban, suburban and rural use, including 25- to 54-seat diesel and gas buses... As part of a bilateral agreement signed in September when Venezuelan President Nicolas Maduro visited China, more than 2,000 Yutong buses will be shipped to Venezuela within this year...
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