
Author: Koma wu
According to report, Taiwan ATV products have encountered a fierce competition with mainland ATV which is much cheaper than Taiwan ATV.
How serious is it?
Take the lead factory "HEQI" for example, the benefit of first quarter is 153 million, almost 50% of this period of last year. Benefit for one stock is just 0.05 yuan.
The other smaller factory's benefit has decreased for about 50% to 80%.
In order not to be defeated by mainland ATV product, ATV manufacturers in Taiwan sit together discussing the stratgies to compete with mainland ATV manufacturers.
Board chairman of HEDA company said: mainland ATV is popular now in EU market, Taiwan ATV manufacturer must take action to it. We must depend on designing difference model and concentrate on 500cc or 600cc ATV engine.
General manager of JUYONG company said: our quoted price for 50cc-100cc ATV is about USD:800-1000 for internation market, but mainland ATV for sale manufacturer can accept half of the price. This is the reason Taiwan ATV market for internation is getting down.
ATV parts manufacturers also encounter the bad situation now.
Article source: ATV news
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