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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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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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Recap of heavy-duty truck manufacturers’ annual business conferences (II)

The last two weeks of December 2017 saw a bunch of heavy-duty truck manufacturers holding their annual business conferences. Following are highlights from those held by SAIC-IVECO-Hongyan and C&C Trucks. – Editor   SAIC-IVECO-Hongyan launches internet dream truck, aims to sell 60,000 HDTs in 2018 BOAO, Hainan – SAIC-IVECO-Hongyan launched

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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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Natural gas heavy-duty truck production growth “slows” to 372 percent in October

China produced 7,671 natural gas heavy-duty trucks in October 2017, up 372 percent from a year earlier, according to the latest factory production certification data from the Ministry of Industry and Information Technology (MIIT). While the market is still surging, the production volume was 34 percent off from that of

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SAIC-IVECO-Hongyan starts construction of global KD operation center in Chongqing

CHONGQING – SAIC-IVECO-Hongyan Commercial Vehicle Co., Ltd. (SIH) officially held a groundbreaking ceremony of its global KD operation center in the Chongqing Liangjiang New Area on November 12. With the rapid development of vehicle and parts production, SIH sets up its global KD operation center to promote the export of products

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Growth tapers off: October heavy-duty truck sales up 32 percent to 92,000 units

October heavy-duty truck sales were up 32 percent from the previous year to 92,000 units, but shrank 9 percent from September, according to the latest data provided by manufacturers, showing signs of growth tapering off after a strong fourth quarter 2016. October numbers reflect two key trends. First, monthly sales

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September heavy-duty truck sales surge 89 percent to 100,000 units

China’s monthly sales of heavy-duty trucks have broken records for four consecutive months after sales topped 100,000 units in September, according to the latest data reported by manufacturers. That follows 97,576, 90,213 and 93,666 units in June, July and August, respectively, which all surpassed the previous monthly highs

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