The Chinese lubricants provider will supply aftermarket products to the heavy duty truck maker
Great Wall Lubricants and Sinotruk have signed a strategic agreement to supply lubricants products. The lubes producer already enjoys more than 80% market share for aftermarket truck products, so the deal will further consolidate its position in the market as a leading supplier.
As well as gaining an advantage in the booming domestic market, the agreement will also open up possibilities for both companies to expand their reach internationally as well. Sinotruk is already exported its trucks to more than 90 countries around the world and Great Wall is also adopting a "go out" strategy to investment.
Great Wall has been investing heavily into heavy duty diesel oils and already retails a CH-4 diesel engine oil that is compliant with China's increasingly stringent standards.