Hi Access it was covered in one of the quarterlies but briefly ... I had the conversation over the boardroom table.Some of the problems with the buses were nothing to actually do with the unit. a transmission issue was tendered as an example.Once a commercial vehicle stops its a major inconvenience and fingers are pointed.But in the report it talks about climate and fuel irregularity.Actually this touches on another area ...customer follow up post sales.It was hinted that Weichai were poor in this area(OEM)(obviously bad blood now) ..also it was mutted that Norinco (i viewed a comprhensive brochure)has the ability to 1.collect the money(chinese to chinese) and 2 the after sales support will fill the gaps that little ace's china based team cant do.This has been strengthend to help solve this particular issue in any case.Norinco could prove to be a winner for ace.the brochure had everything from fuel tanks to engins.impressive.MD commented norinco and tata represent a better structure than original concept of oem only.
ACE Price at posting:
6.9¢ Sentiment: ST Buy Disclosure: Held
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