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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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SOL, here it is: JAC-Volkswagen begins production of E20X electric SUV, eyes Q3 launch

HEFEI, Anhui – The SOL E20X, the first model from JAC-Volkswagen – Volkswagen Group’s third joint venture in China dedicated purely to the production of electric vehicles – began rolling off the production line on May 25. The start of production comes a month after the indigenous brand and its first

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Volkswagen’s e-mobility offensive in China “coming at the right time”

BEIJING – Volkswagen Group’s key message at this year’s Auto China 2018 in Beijing was “People’s Mobility.” To support that, the world’s largest automaker and the leading foreign automaker in China is earmarking €15 billion through 2022 with its joint venture partners for e-mobility, autonomous driving, digitalization and new mobility

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“Roadmap E” supercharged: CATL part of Volkswagen Group’s €50 billion battery procurement by 2025

BERLIN – Chinese battery manufacturer Contemporary Amperex Technology Ltd. (CATL), the world’s largest lithium battery manufacturer, has been selected as one of the battery suppliers from Asia for Volkswagen Group’s global electric vehicle push. CATL, along with Korea’s LG Chem and Samsung, have secured initial battery supply orders from the

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China heavy-duty truck sales surge 52.38 percent in 2017

China produced and sold 1,149,700 and 1,116,900 heavy-duty trucks in 2017, a surge of 55.07 and 52.38 percent from the previous year, according to statistics released by China Association of Automobile Manufacturers (CAAM) on January 11. Although heavy-duty truck market experienced a decline in the last two months of 2017

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Happy New Year!

Happy New Year! While the full year numbers are not yet out for the heavy-duty truck and bus markets as of the date of publication of this issue, we can be certain that 2017 was yet another banner year for both segments. This issue features highlights from a few business conferences from

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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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