Pekka: World-class truck companies want to find business opportunities in China


    The reporter learned from the Beijing International Auto Show in April that the largest truck manufacturer in the United States, Peica, had contacted and selected China's local parts suppliers since January 2011. It gave instructions to these suppliers. Yes, Pecca will land in China within 18 months. This means that before the end of 2012, Pekka's models will be opened from the Chinese production base.

    World Class Truck Company
    About Pekka, the Chinese know little about it. There are three major automobile manufacturing companies in the United States: GM, Ford, and Chrysler, but this refers to the field of passenger cars. In the area of ​​trucks, Pekka is the big brother. Seattle-based Pekka is not only the largest truck manufacturer in the United States, but also ranks second in the world behind Daimler Automotive in the ranks of world truck companies.

    The three major brands of Pegas Group include Kenworth, Peterbilt and Duff. Kenworth Trucks produces high-level commercial cargo cards in markets such as the United States, Canada, Mexico, and Australia; Peterbilt Motors designs, manufactures, and sells high-end commercial vehicles for the United States and Canada; Duff Truck Manufacturing Throughout the Netherlands, Belgium and the United Kingdom, products are sold throughout the East and West Europe markets. In 2010, Pega sold 78,800 vehicles worldwide, of which Duff sold more than 25,000 vehicles.

    Duff, which originated in the Netherlands, has a history of 50 years in the research and development of engines, and was once the only manufacturer specializing in vehicle engines for developers. Now the core business is to develop, produce, market and sell medium-sized and heavy commercial vehicles.

    The Pegas Group brought to China is a full range of Duff LF, CF, XF products. Among them, LF is a mid-tier card that focuses on the urban distribution market; CF is for the engineering construction market, and XF has advantages in long-distance logistics transportation. All three cars are closed logistics vehicles.

    73 consecutive years of profit
    Working with Pecca, you should not worry about future profitability. Peca Group is a company that places great emphasis on profitability and has the highest profitability in the world. Statistics show that in the world's mainstream truck manufacturers, including Mann, Scania, Volvo, Mercedes-Benz, and Navistar, Pegas Group's profit margin is the highest in the world.

    According to the Q4 2011 financial report that Peica Group has announced, Pecca has achieved a net profit for 73 consecutive years. In 2011, Pekka's annual net sales and financial services revenues reached US$16.36 billion, compared to US$10.29 billion in 2010; net income in 2011 was US$1.04 billion, which was double that of 2010 net income of US$457.6 million. many.

    Peca announced that the cash dividend per share for 2011 was US$1.30, an increase of 88% over 2010, and it maintained the Group’s annual credit commitments since 1941.


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