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Daimler strengthens truck business in China with new executive appointments for DTBC and BFDA

BEIJING – Daimler said in a statement on December 5 that it is strengthening the focus of its truck organization in China by appointing two new senior executives at Daimler Trucks and Buses China (DTBC) and heavy-duty truck joint venture Beijing Foton Daimler Automotive (BFDA). Effective January 1, 2018, Sven

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November heavy-duty truck sales down 9 percent, but YTD sales top one million units

After a year of explosive growth, the heavy-duty truck market had its first year-on-year sales drop in November but sales through to November nevertheless topped one million units as expected, according to the latest data reported by truck manufacturers. Sales of heavy-duty trucks shrank 9 percent in the month from

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Natural gas heavy-duty truck production growth “slows” to 372 percent in October

China produced 7,671 natural gas heavy-duty trucks in October 2017, up 372 percent from a year earlier, according to the latest factory production certification data from the Ministry of Industry and Information Technology (MIIT). While the market is still surging, the production volume was 34 percent off from that of

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Gong Yueqiong appointed board director and president of Foton Motor

BEIJING – Beiqi-Foton Motor Co., Ltd. (Foton Motor) announced in a statement on November 3 that Gong Yueqiong, former deputy Party secretary, vice president, CFO and CEO of Commercial Vehicle Group at Foton Motor, has been appointed the new board director and president of the company. Gong succeeds Wang Jinyu,

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Growth tapers off: October heavy-duty truck sales up 32 percent to 92,000 units

October heavy-duty truck sales were up 32 percent from the previous year to 92,000 units, but shrank 9 percent from September, according to the latest data provided by manufacturers, showing signs of growth tapering off after a strong fourth quarter 2016. October numbers reflect two key trends. First, monthly sales

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