China Zenix Auto signs MOU with SinoTruck

China Zenix Auto International Limited, the largest commercial vehicle wheel manufacturer in China, has signed a memorandum of understanding (MOU) to form a strategic partnership with SinoTruck Limited. SinoTruck is a subsidiary of China National Heavy Duty Truck. Under the terms of the partnership, the companies will jointly develop new steel and aluminum wheels for SinoTruck’s commercial vehicle fleet, including Euro 4 and Euro 5 compliant vehicles. The two companies will also develop new wheels for SinoTruck’s light duty truck line. In exchange for making Zenix Auto SinoTruck’s tier one supplier for light duty SinoTruck commercial vehicle wheels, Zenix Auto will provide both aftermarket support and service to SinoTruck’s customers. China Zenix Auto has a distribution network of more than 4,600 distributors in China. “Since we first installed Zenix Auto’s wheels in 2008, we have been pleased with their superior product quality, competitive pricing, punctual delivery, and industry-leading technology capability, which have helped us to better serve our customers,” said Chunji Ma, chairman of SinoTruck. (August 18, 2011)