SINOTRUK: New Growth Points in NG HD Truck and Export
www.chinatrucks.com: Learnt from SINOTRUK, its product quality and profits in the first half year are greatly increased despite of a leveling-off sales volume with the same period of last year driven by the upturn of HD truck industry and export markets. From Jan. to Jun., the total profits grow by 27.54% year on year. NG HD trucks and overseas markets become new growth points.
It is said that HD truck market has been in a dump drugged by the slowdown of macro economy, and the sales of the whole industry even drop by approximate 40%. SINOTRUK declines by almost 26% last year. In responding to such an unfavorable situation, SINOTRUK puts much effort in developing the market needed NG engine. NG trucks are preferred by the market due to low emission, environmental protection and high economic efficiency. Over years, the production of NG HD trucks grows fast. In the first half year, the production and sales of SINOTRUCK NG HD trucks reach 2500 units, up b 82.46% year on year. In the meanwhile, LNG HD trucks are exported in a mass, presenting a sound market prospect.
At the same time of product adjustment, SINOTRUK also actively explores overseas market. In June 2013, 300 Euro 5 HD trucks enter Hong Kong market, the first batch of Euro 5 HD trucks produced by mainland manufacturer. Currently, SINOTRUK has basically covered all developing countries and gained an export capacity of 30,000 units. In the first half year, despite of depressed HD truck market, SINOTRUK remains to witness a distinctive performance in overseas market and awarded with orders totaling 14,000 units.
Views:0
- Sinotruk Wins 2024-2025 Most Trusted International Brand Award 2025-01-09
- SINOTRUK Competes for the "2025 Most Trusted International Brand" Award 2024-12-24
- SINOTRUK Unveils Three All-New Electric Trucks 2024-12-19
- Sinotruk 2024: A Year of Record-Breaking Achievements and Growth 2024-12-10
- Sinotruk and DHL Partner to Boost Spare Parts Supply Efficiency in Mexico 2024-11-22
- IAA 2024: Sinotruk Unveils a Variety of New Energy Models 2024-09-18
- IAA 2024: SINOTRUK Unveils Yellow River X7 Hydrogen Internal Combustion Tractor 2024-09-18
- IAA 2024: SINOTRUK Set to Unveil Its SITRAK Hydrogen Fuel Cell Tractor 2024-09-12
- SINOTRUK Set to Make a Big Splash at IAA 2024 2024-09-04
- SINOTRUK SITRAK G7H 630 Gas-powered Trator Unit Launched 2024-08-01
Submit Your Requirements, We Are Always At Your Service.
- FAW TRUCKS Expands Global Reach with Australian Partnership
- Foton Leads in February Heavy-Duty Truck Sales with Upgraded Products
- Dongfeng Introduces 2025 New Products and Technologies to Global Dealers
- GAC Hino Showcases New Models at 2025 GAC Int'l Partner Conference
- Foton and Teld New Energy Form JV to Drive New Energy Heavy Truck Development
- JMC Overseas Sales Surge
- Indonesian Ambassador to China Visits Shaanxi Automobile
- FOTON Launches the "Auman Galaxy Global Experience Tour"
- Geely Expands into Pakistan with New Partnership
- Zhizi Auto Successfully Holds 2025 Product Launch Event
- China's New Energy Heavy Trucks See Record Sales in 2024
- January Heavy Truck Sales Drop 28% YoY to 70,000 Units
- November 2024: Heavy Truck Sales Hit New Highs
- November 2024: New Energy Light Truck Sales Hit 14,000 Units in China
- November 2024 Sees Surge in New Energy Heavy Trucks in China
- Heavy Truck Sales Reached 56,000 units in First Three Quarters 2024
- Heavy Truck Sales in September 2024
- Heavy Truck Sales Reach 59,000 Units in July in China
- Tractor Sales in H1, 2024 Reached 162,100 Units, Up 4%
- China's Truck Export Reaches 351,076 Units in H1 2024