Home > light truck

Foton announces three-year action plan aiming to become a top three heavy-duty truck maker by 2020

BEIJING – Foton announced its three-year action plan here on May 19 with an aim to become a top three heavy-duty truck maker by 2020. The three-year action plan involves strategic direction, management principles and development measures for Foton’s major businesses.   Strategic direction Foton will continue to enhance its

| | | | | | | Read More

CNHTC net profit more than quintuples in 2017 on sales of £¤55.4 billion

HONG KONG – China National Heavy-Duty Truck Group Corp. (CNHTC), or Sinotruk, achieved revenues of ¥55.4 billion in 2017, up 68.26 percent, according to annual financial results released by the Hong Hong-listed truck maker on March 23. Total truck sales reached 263,903 units in 2017, with a year-on-year increase of

| | | | | Read More

New policies to alter industry structure

The history of the farm vehicle will be coming to an end in about two years while low-speed electric vehicles could finally be recognized as part of the auto industry, according to two policies released in November by China’s top industrial and macroeconomic regulators. Both policies are expected to transform

| | | | | | | | | | Read More

Brilliance-Jinbei initiates light truck project in Shenyang Auto Zone

SHENYANG, Liaoning – Brilliance-Jinbei, a subsidiary of Brilliance Auto, recently initiated a light truck manufacturing project in the Shenyang Auto Zone with an investment of ¥1.49 billion ($225 million), expecting to have an annual output capacity of 90,000 units, find800.com reported. Also, within this year, Brilliance Auto is to invest

| | Read More