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WABCO and FAW Jiefang form vehicle control systems JV to produce single-piston ADB from 2019

HANNOVER – WABCO Holdings Inc., the leading global supplier of commercial vehicle braking control systems, signed an agreement here on September 21 with FAW Jiefang, China’s largest heavy-duty truck maker, to establish a joint venture for vehicle control systems in China. The JV is expected to begin production of WABCO’s advanced

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Still shooting for sales? Eight heavy-duty truck manufacturers reveal plans for H2 2018

– by Wu Ming As of July 30, most major heavy-duty truck OEMs have held their mid-year business conferences. Eight particularly important ones, including FAW Jiefang, Dongfeng, CNHTC, Shaanxi Auto, Foton Daimler, SAIC-IVECO-Hongyan, JAC and Hualing, have also spoken on their strategic redirections for the remainder of 2018. Below, we outline

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January-May tractor market: mixed performance among top 10 players

The tractor segment of the heavy-duty truck market has been under a lot of pressure lately. Between January and May 559,000 heavy-duty trucks were sold, up 15.2 percent year-on-year. Tractors accounted for 40 percent of those sales, still the largest segment, but this is 15.9 percentage points lower than the

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May heavy-duty truck sales top 110,000 units, one million units likely for 2018

The heavy-duty truck market just witnessed its fourth month of record sales so far in 2018. About 114,000 heavy-duty trucks were sold in May, up 17 percent, while sales through to May topped 560,000 units, up 15 percent year-on-year, according to the latest manufacturer reported data obtained by cvworld.cn. May

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April heavy-duty truck sales hit record 121,000 units, rising inventory could be trouble

Another month, another record. With 121,000 heavy-duty trucks sold, up 16 percent year-on-year, April 2018 broke the old April sales record of 115,900 units achieved in April 2010, according to the latest manufacturer reported data obtained by cvworld.cn. It also represented the second consecutive month in which monthly sales record

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March heavy-duty truck sales hit new record of 132,000 units, turning point coming in June?

– by Xie Guangyao UPDATE: March heavy-duty truck sales reached a historical monthly record of 138,900 units, up 21.21 percent from a year ago, according to official data released by China Association of Automobile Manufacturers (CAAM) on April 11. Sales in the first three months totaled 323,400 units, up 13.85 percent. Another

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February heavy-duty truck sales tank, YTD sales still up

As expected, February heavy-duty truck sales tanked after a “strong” January performance. China sold about 68,000 heavy-duty trucks in February, down 21 percent year-on-year and about 38 percent off the record 109,600 units sold in January. Over the first two months of the year, sales were still up 5 percent to 177,600

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Knorr-Bremse and FAW Jiefang to collaborate on braking systems and AMT products

CHANGCHUN, Jilin – Knorr-Bremse, a leading commercial vehicle systems supplier, signed a strategic cooperation framework agreement on February 7 with FAW Jiefang Automotive Co., China’s leading medium and heavy-duty truck manufacturer, marking the beginning of a new stage of closer cooperation in multiple areas. The two partners are planning a

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One million heavy-duty trucks twice in eight years: how did top five players fare?

From 2010 to 2017, China’s annual heavy-duty truck sales topped 1 million units twice. In those eight years, FAW Jiefang, Dongfeng, CNHTC, Shaanxi Auto and Foton remained as the top five heavy-duty truck makers. But their market shares over these eight years fared differently.   Top five combined market share

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