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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

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CNHTC inks agreement to deliver 200 heavy-duty trucks to the Philippines

JINAN, Shandong – China National Heavy-Duty Truck Corp. (CNHTC) recently inked a deal to deliver 200 heavy-duty trucks to the Philippines, according to a corporate news release. CNHTC and the largest distributor from the Southeast Asian country, which has worked with CNHTC for many years, further communicated about local market

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Schaeffler sets out strategy for China truck market

SHANGHAI – Schaeffler Group, the world’s leading supplier of integrated automotive and industrial products, is making great progress in the Chinese truck market. On May 26, the “Schaeffler-Sinotruk Technology Seminar” was held at the headquarters of China National Heavy-Duty Truck Group Co., Ltd. (Sinotruk) in Jinan. The products that Schaeffler

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Heavy-duty truck makers offer mixed views on 2014 as State IV “mystery” continues

It was a banner year in 2013 for China’s heavy-duty truck market. Total sales surged 21 percent to 770,000 units as December sales jumped 53 percent year-on-year to 76,000 units, according to the latest data released by major heavy-duty truck makers. The annual tally is the third highest all-time after

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