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Roundup of commercial vehicle enterprise financial reports in 2015 (I)

Major public-listed commercial vehicle and construction machinery manufacturers recently released their financial performance for 2015. Below are some highlights of their financial reports. DFG sales revenue increases 52.3 percent According to the 2015 yearly performance of Dongfeng Motor Group Co., Ltd. (DFG), the company witnessed sales revenue increase of 52.3

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NEV, intelligence and connected vehicle future trends of logistics industry

The 2015 Logistics and Transportation Vehicles Summit, organized by the Automotive Committee of China Council for the Promotion of International Trade (CCPIT-Auto), was held on November 13 in Wuhan, Hubei Province. Experts and executives from truck manufacturers and logistics companies shared their perspectives on recent development and future trends of

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Cutthroat competition and culture divide force Chery to divest from C&C Trucks

Chery’s run with its heavy-duty truck venture may be coming to an end soon. According to unconfirmed media reports, Chery is considering backing out of its investment in Jirui United Industry Co., Ltd. (also known as C&C Trucks), a tripartite truck maker established with China International Marine Containers Group (CIMC)

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CIMC and Shaanxi Auto allegedly made illegally heavy-duty vehicles

CIMC-Shac (Xi’an) Special Vehicles Co., Ltd. (CIMC-Shac) has been alleged to have made heavy-duty trucks illegally by outsourcing production at small and unauthorized workshops, causing severe quality problems and accidents, according to a report on China Times. Established in September 2006, CIMC-Shac is a joint venture between China International Marine

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