Zhengzhou Yutong Bus Co., Ltd., (Yutong) one of the leading bus and coach supplier companies in the world, is expanding in Cuba. Yutong has been operating in Cuba since 2005 and contributing to Cuba’s transportation infrastructure since then. Yutong has sales in over 30 countries and regions such as France, UK, Australia, Venezuela, Russia, Saudi Arabia, China Macau, China Taiwan as well as Cuba. The company has a market share of over 30% in China and 15% globally. Xiao Song Chen, Customer Services Specialist at Yutong, told the Cuban press that the Company is currently managing new joint contracts and agreements with its established Cuban business partners. He also added that more than 8,000 buses are currently in use on the Island and predicted higher…
TO READ THE FULL STORY:
Unbiased reporting on economic news and business developments in Cuba by industry sector