Home > Shaanxi Auto (Page 2)

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

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

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

| | | | | | | | | Read More

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

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

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

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

Investing for the future and going high-end to survive

This issue continues the rest of Automotive Business Review (ABR)’s interview of FAW Jiefang president Hu Hanjie and features another story that puts two of its close competitors – CNHTC and Shaanxi Auto – in the spotlight. As Hu pointed out in his interview about competition, as China’s regulations become

| | | | | | | | Read More

CNHTC and Shaanxi Auto deserve attention as heavy-duty truck sales speed toward 1 million units

Heavy-duty truck sales surged 74.85 percent in the first eight months of this year to 768,200 units, according to the latest data from China Association of Automobile Manufacturers (CAAM). The remaining quarter of the year is unlikely to see any market fluctuations and China selling one million heavy-duty trucks in

| | | | | Read More

August heavy-duty truck sales surge 84 percent to 91,000 units

Heavy-duty truck sales hit another record in August, as sales surged 84 percent to 91,000 units, the sixth consecutive month since March sales have exceeded 90,000 units, according to the latest data reported by manufacturers. (Update: Heavy-duty truck sales grew 89.83 percent to 93,700 units in August, and 75 percent

| | | | | | | | Read More

Heavy-duty truck sales up 89 percent in July: six factors behind the surge

Sales of heavy-duty trucks in the traditional slack season of July surged 89 percent to 94,000 units, continuing surprisingly strong performance so far this year. According to analysis of cvworld.cn, six major reasons are the driving force behind the surge. First, it is the imbalance between demand and supply in

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

Natural gas heavy-duty truck output increase more than 6-fold in H1 2017

China sold 584,000 heavy-duty trucks in the first half of 2017, surging 72 percent on a yearly basis. Likewise, production of natural gas heavy-duty trucks continued to outpace industry growth, by far. A total of 8,430 natural gas heavy-duty trucks were produced in June 2017, up 4.9 times from the

| | | | | | | | | Read More

Shaanxi Auto Chairman Yuan Hongming: heavy-duty truck sales to top 1 million units this year

CHANGCHUN, Jilin – China’s medium and heavy-duty truck demand will average at about 800,000 units a year in the future, according to Hu Hanjie, Party secretary and president of FAW Jiefang, the country’s leading heavy-duty truck maker. Hu made the comments in a media interview following a ceremony to celebrate

| | Read More