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Executive changes of Hualing Xingma Automobile

MA’ANSHAN, Anhui – Liu Hanru, director of the sixth border meeting and director of strategic committee of Hualing Xingma Automobile (Group) Co., Ltd. ( Hualing Xingma Automobile), resigned as president of the company, according to a corporate news release on August 6. His replacement is Zheng Zhiqiang. Hualing Xingma Automobile’s

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Natural gas truck sales decline narrows

According to the statistics provided by cvworld.cn, China produced 1,086 natural gas (NG) trucks in March this year, down 19 percent from the previous year, indicating a narrowing sales decline compared with monthly production of just a few hundred units in previous months. Natural gas truck output in Q1 2016

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April heavy-duty truck sales grow 14 percent to 67,000 units

China sold 67,000 heavy-duty trucks in April, up 14 percent on a yearly basis and made April the third consecutive month of growth. The minor growth of domestic consumption triggered the recovery of road logistics transportation and further pushed up the demand increase of heavy-duty trucks, especially trailers and load

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February heavy-duty truck sales grow 16 percent to 32,000 units

BEIJING – Sales of heavy-duty trucks in China increased 16 percent to 32,000 units in February, and ended the 18-month sales decline that began in August 2014. Six out of the top 10 heavy-duty truck makers witnessed sales increases while the other four experienced drops. FAW sold 5,700 units in

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Potential ranking change of top 10 HD truck makers in 2016

The sales ranking of leading heavy-duty truck manufacturers has changed from time to time during the past five years. Industry experts predicted certain ranking change in the next five years based on the companies’ performances during the past five years and their latest market strategies. China’s heavy-duty truck sales plummeted

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Heavy-duty truck sales about 40,000 units in January

BEIJING – Heavy-duty truck sales in the first month of the year totaled around 40,000 units, basically flat with the 39,990 units in 2015. It is unrealistic to expect any large boom in sales under the “New Normal” of China’s economy. The PMI index of China was 49.4 percent in

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2015: worst ever since 2009; 2016: quality rather than quantity

China’s heavy-duty truck sales totaled 46,000 units in December 2015, down 18 percent on a yearly basis, with sales down 27 percent for the year to 546,800 units, nearly 200,000 units less than 2014. <Sales of top 10 heavy-duty truck manufacturers in December 2015 (in units)> Top seller DFCV sold

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October HDT sales slide 14 percent to 44,000 units

BEIJING – Heavy-duty truck sales decreased 14 percent to 44,000 units in October, and sales in the first ten months dropped 29 percent to 452,800 units, according to the latest statistics from truck manufacturers, reported cvworld.cn. Dongfeng sold 8,500 heavy-duty trucks in October, down 23 percent, maintaining its dominant position

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