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Weichai Power Co. Ltd Message Board

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  • Reply to

    china and weichai doing bad

    by rbtsherman Jun 9, 2015 10:06 AM

    so a long term look
    China has huge over capacity
    Weichai has improved its product
    But it loses all bids for the best engines to Cummings
    And Cummings loses all bids when some one wants cheap
    Neither is doing well right now in China
    Because there are many more players and China is not upgrading to new vehicles in a large way
    Its simple.
    sales are not increasing and show no signs of change
    This must be reflected in all Chinese stocks as large growth in China is over
    Weichai had helped in financing on some vehicles and that has hurt when owners of vehicles stopped making payments
    The days of weichai and all companies taken these risks must end
    When things turn bad ,these companies get hurt a lot
    So they are more risky investments and drop a lot when things turn bad

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