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Dayu’s “big fortunes” is a result of perseverance and determinatio

This week’s newsletter features our guest columnist Yao Wei’s critique of the secrets behind the success of Dayun Automobile Manufacturing, China’s 7th largest heavy-duty truck manufacturer and 6th largest in heavy-duty truck tractor sales. The most unique thing about Dayun, which literally means “big fortune” in Chinese, is that

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China’s heavy-duty truck market in 2016: key highlights (II)

China’s heavy-duty truck market is winding down to be a year of surprising growth, with sales expected to rise more than 30 percent to over 700,000 units (actual sales reported by China Association of Automobile Manufacturers were 733,000 units, up 33 percent). What were some of the key highlights? Commercial

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Heavy-duty truck sales up 45 percent in August

Based on the latest data released by manufacturers as reported by cvworld.cn, a total of 49,500 heavy-duty trucks were sold in August, surging 45 percent from a year earlier in what is usually a slack sales season. This increase marked the highest monthly growth yet in 2016.   Record monthly

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Heavy-duty truck sales jump 34 percent in July

China sold 50,000 heavy-duty trucks in July, surging 34 percent from a year ago, according to a report on cvworld.cn tabulating data reported by major truck manufacturers (see table below). January-July heavy-duty truck sales topped 390,000 units, up 17 percent. Despite the significant year-on-year growth, the market showed signs

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