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Markets

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Heavy-duty truck market boom

By Hao Zhou (chinadaily.com.cn)
Updated: 2007-11-12 15:23

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In the first nine months of the year, China produced a total of 1,636,100 trucks, an increase of 27.82 percent from the same period of last year, and sold a total 1,622,200, up 27.49 percent, according to the statistics from the China Association of Automobile Manufacturers.

Impacted by new highway toll methods, a total of 378,600 heavy-duty trucks were produced in the first three quarters this year, up 71.41 percent year-on-year. Meanwhile, some 374,895 heavy trucks were sold, up 68.27 percent.

Specifically in individual manufacturers, China National Heavy Duty Truck Group Co Ltd (Sinotruk) sold 78,100 heavy trucks, up 76.15 percent year-on-year; First Automobile Works (FAW) 76,300, up 58.08 percent; Dongfeng Automobile Co Ltd 66,500, up 33.50 percent; Beiqi Foton Motor Co Ltd 43,600, up 107.01 percent; Anhui Jianghuai Gerfa Automobile Co Ltd 7,991, up 306.46 percent; and Hualing Automobile Co Ltd 8,237, up 120 percent.

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The full text is available in the November Issue of Auto China.