Yuchai Engine Wins 2011 Outstanding Commercial Vehicle Engine Award
SINGAPORE, Dec. 16, 2011 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or "the Company") is pleased to announce that the YC6L-40 diesel engine manufactured by its major subsidiary, Guangxi Yuchai Machinery Company Limited, Yulin, China ("GYMCL"), has won the "2011 Outstanding Commercial Vehicle Engine" Award at the Auto Sports' Top 10 Engines award ceremony in China. The Company extends its congratulations to GYMCL's management and staff on its success.
Considered an authority by vehicle consumers and manufacturers, Auto Sports Magazine has organized the annual Top 10 Engines Competition since 2006. Commercial vehicle engines were included in this year's competition for the first time. A total of 36 engines from 30 different engine companies entered this year's competition. After three months of rigorous review and evaluation, the expert committee assessed the finalist engines based on their power, technology, energy conservation, sales performance and test-drive evaluation.
With its improved fuel efficiency, low emission and noise, and reduced weight, Yuchai's YC6L-40 diesel engine won the only award for the 2011 Outstanding Commercial Vehicle Engine.
Mr. Benny H. Goh, President of China Yuchai, commented, "It is an honor for Yuchai to win such a prestigious award. We are pleased that the enhanced performance and environmental friendliness of our next-generation YC6L diesel engine have been recognized by industry experts. This new platform serves as the foundation for the next generation of diesel engines we are developing to further strengthen our industry leadership."
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide array of light-duty, medium-sized and heavy-duty diesel engines for construction equipment, trucks, buses and cars in China. GYMCL also produces diesel power generators, which are primarily used in the construction and mining industries. Through its regional sales offices and authorized customer service centers, the Company distributes its diesel engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2010, GYMCL sold 551,592 diesel engines and is recognised as a leading manufacturer and distributor of diesel engines in China. For more information, please visit http://www.cyilimited.com
Safe Harbor Statement
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. The Company specifically disclaims any obligation to update the forward-looking information in the future.
For more information, please contact: |
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Kevin Theiss / Dixon Chen |
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Grayling |
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Tel: +1-646-284-9409 |
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Email: |
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SOURCE China Yuchai International Limited
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