On November 6, Fast Auto Drive, China's largest manufacturer of high-end commercial vehicle automatic transmissions, signed a contract with German GROB SYSTEMS to purchase horizontal machining center machine tools worth 32.3582 million US dollars.
Kou Zhida, deputy general manager of Fast Auto Drive, said that the current annual output of Fast Auto high-end commercial vehicle automatic transmissions is 40,000 units, which is in short supply. After the new equipment purchased this time is put into use, the annual output can be increased to 200,000 units. Development is crucial.