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October heavy-duty truck sales jump 41 percent on a yearly basis

BEIJING – China sold 61,400 units of heavy-duty trucks (including trailers) in October, a minor decrease of 4.2 percent on a monthly basis but a huge jump of 40.7 percent compared with the 43,640 units sales in October 2012, reported cvworld.cn. Top three manufacturers Dongfeng, FAW and China National Heavy-Duty

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Zhongtong and CAMC: Abandon disadvantaged markets and seek opportunities in emerging markets

  As China’s heavy-duty truck market is recovering, more and more enterprises are realizing the key to success is using best materials available. Zhongtong Bus and CAMC Hualing Automobile Co., Ltd., two emerging enterprises in the heavy-duty sector, are wise enough to abandon disadvantaged markets and models to make better

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Overseas revenues of 14 public-listed automakers up 0.4 percent in H1 2013

BEIJING – Overseas revenues of 14 Chinese public-listed automakers combined in the first half of this year rose a slight 0.4 percent on a yearly basis to ¥13.017 billion ($2.129 billion), reported Gasgoo.com. The ¥13.017 billion overseas revenues only accounted for 3.3 percent of the total revenues of these automakers,

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Liu Hanru: China’s heavy-duty truck market to grow 10 percent this year

“China’s domestic economy tends to remain stable after September and the heavy-duty truck market will recover as well,” said Liu Hanru, chairman of CAMC Hualing Automobile (Group) Co., Ltd., at CAMC semiannual business conference held recently. Liu believes that China’s heavy-duty truck industry will increase 10 percent this year and

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Third-level players expand market shares in the first six months

– by Xie Guangyao China’s total sales of heavy-duty trucks increased 39 percent in the second quarter of 2013, driving the cumulative growth rate of the first six months to 8.4 percent. Third-level players were the biggest beneficiaries even though all manufacturers got a slice of the larger cake. In

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