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Antonov JV plans plant in China

United Kingdom's Antonov transmission firm and its Chinese production partner, Chongqing Landai Industry Corp., are proceeding with plans to build Antonov 6-speed transmissions that would be used for applications with 1.5-liter to 2.0-liter engines on China-built vehicles. The joint venture already has started erection in China of a new 17.2-million-square-foot

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China’s mid- and low-end vehicle manufacturers see net profits down in first quarter

BEIJING – Chinese automakers targeting mainly the mid- and low-end markets witnessed a reduction in their net profits in the first quarter of this year due to the cancelation of government incentive policies, high oil prices and auto restriction policies, Guangzhou Daily reported. The First Automobile Works (FAW) saw net

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Heavy-duty truck market slows as semi-tractor trailer growth falls big

BEIJING – China sold 160,406 heavy-duty trucks (including whole vehicles, chassis and semi-tractor trailers) in the first two months of 2010, up 7.1 percent from the same period of last year, according to data from China Association of Automobile Manufacturers (CAAM). This represents a big slow-down compared with the 60

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China’s new heavy-duty truck players: an overview

China’s heavy-duty truck (including whole vehicle, chassis and semi-tractor trailer) market had an unprecedented year in 2010 as sales broke through the 1million-unit annual sales mark for the first time ever. No other country has even come close to selling a million heavy-duty trucks in a single year, let alone

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Lifan heavy-duty trucks receive SDRC approval

BEIJING - Lifan Junma Vehicle Co., Ltd. (Lifan Junma), the light/medium/heavy-duty truck subsidiary of Lifan Industry (Group) Co. (Lifan), has recently received product approval from the State Development and Reform Commission (SDRC) on heavy-duty trucks covering seven model series and 28 different specifications. These products have passed 96 types of

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