China Heavy Duty Truck Sets Monthly Sales Record for Heavy Truck Industry in China


According to China National Heavy Duty Truck Group Co., Ltd., China Heavy Duty Truck Group produced and sold 32,500 heavy trucks in the first quarter of this year, an increase of 41% year-on-year. Among them, March sales of 15,000 heavy trucks in a single month, a national heavy truck industry sales record for the highest single month. Since the beginning of this year, steel prices have continued to rise, domestic southern markets have been affected by bad weather such as ice and snow, and overseas markets such as Russia, West Asia, and the Middle East have begun to promote the use of Euro III emission standards. Although these factors have had an impact on the production and operation of enterprises, China CNHTC Group still maintains a relatively good production and sales performance. In the first quarter, China National Heavy Duty Truck Group's sales revenue exceeded 10 billion yuan, an increase of more than 40% year-on-year; export value exceeded US$100 million. China National Heavy Duty Truck Group made a good start in the first quarter, thanks to the company's technical reform investment of more than 500 million yuan. With the full commissioning of the two engine production lines of the Hangzhou Engine Plant and the Jinan Engine Plant, the company's annual production capacity of the engine can reach 200,000 units. In 2007, the production and sales volume of China National Heavy Duty Truck Group exceeded 100,000 vehicles. This year, CNHTC will ensure the production and sales of 125,000 heavy-duty vehicles.


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