Trade Resources Market View Hubei Tri-Ring Newly Increases Four Overseas Markets This Year

Hubei Tri-Ring Newly Increases Four Overseas Markets This Year

With the five complete vehicles exported to Sierra Leone, Hubei Tri-Ring newly increases four overseas markets this year, namely Sierra Leone, Venezuela, Bolivia and Chile.

Statistics show that from Jan. to Jul, Tri-Ring has exported over 440 units of vehicles in total, obtaining a foreign exchange earning of 7.46 million USD, up by 37% year on year. Peru enjoys the most and fastest growth in exporting. From Jan. to Jul., the accumulative sales reach 195 units, up by 314%. 

Over recent years, Tri-Ring persists in the strategy of "two market" and comes up with an overseas sales target of "top three in segment market". Hence, on one hand, with careful layout, the company successfully develops the African and South American markets and seeks for breakthroughs in emerging markets by radiating basic markets of Africa and South America, for instance, centering on Peru in South America radiating to Chile and Venezuela, etc. On the other hand, the company enhances exported product portfolio, and puts them into market selectively. A package of products including mature light, medium and heavy trucks is launched. In June, July and August, the company is granted with a lot of orders totaling more than 30 units of vehicles. In addition, the company keeps improving overseas marketing service platform to ensure overseas sales by establishing repair and maintenance centers providing 24 hours fast responsive service in Peru, Mozambique, etc.

Source: http://www.chinatrucks.com/news/2013/0903/article_4788.html
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Tri-Ring Exports Over 440 Units in First Seven Months