Sinotruk to launch China III diesel engine in June

Shanghai, May 29 (Gasgoo.com) China's top heavy truck maker, Sinotruk (Hong Kong) Ltd, is set to launch a national III (emission standards) disesel engine in June, according to the Sinotruk Executive Director Tong Jingen. He said the company has spent multi-million dollars on the development of the new engine, and now the self-developed product has met the China III emission standards. 

The national III diesel engine independently developed by China's Sinotruk costs less than its foreign counterparts and this will enhance its competitiveness in the local and global markets. Starting on July 1, 2008, all vehicles sold in China's mainland must follow the China III emission standards.

Tong said he didn't know whether some customers will have bought the national II diesel engines before July and thus will affect the sales of Sinotruk's new engines, but he added that if they have bought the engine earlier, both the depreciation fees and monthly running fees will increase considerably.