Despite the challenging overall market environment, Cummins China still achieved a record performance in 2014. China’s total sales revenue was US$3.869 billion (including consolidated sales revenue and unconsolidated sales revenue of joint ventures), which was a year-on-year increase of 11.5%, setting a record high. The good results were mainly attributed to the growth driven by the medium and heavy trucks, the continued growth in sales of the light engine business in the domestic market, and the promotion of emission upgrades to boost the parts and components business.

Cummins China Recreates Record High Record in 2014
Cummins China Recreates Record High Record in 2014

Under the unfavorable condition that the overall heavy truck market in China declined by 7% year-on-year, Cummins successfully launched ISG heavy-duty engines, combined with the existing medium- and heavy-duty models represented by D, L, M, and Z, and Cummins Power's displacement coverage was even greater. Comprehensively, according to different market segments, tailor-made power solutions are provided to meet customer needs, and engine sales in this market have risen against the market. In the light truck market, light engines such as the Cummins ISF have been steadily hit, earning customers a reputation for outstanding performance and outstanding environmental performance. With the implementation of the National IV emissions nationwide and the increasing emphasis on the power performance of the light truck market, Cummins's sales of light engines have increased rapidly, and its share in the domestic high-end market has continued to rise.

In the electricity market, benefiting from the increase in engine sales for imported unit engines and the increase in the performance of generator sets in data center projects, the sales of Cummins' electric power business continued to grow steadily despite the fact that the Chinese power market was only at the same level as last year.

With the implementation of the National IV emission standards, Cummins key components that help the engine meet the emission requirements are gaining momentum. In addition to supplying Cummins engines, Cummins emissions treatment systems and Cummins turbocharged technology systems also deepen cooperation with Other engine manufacturers, OEMs and end users to meet customers' performance upgrades and environmental protection standards.

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