Emission Upgrate: CAMC Profits down by 46% in the First Half Year

www.chinatrucks.com: Recently, CAMC released its sales report of the first six months. According to the report, the turnover of CAMC registered 30.40 billion yuan, and net profits was 90.56 million yuan, down by 19% and 46.17% respectively year-earlier.

According to the objective that CAMC set in the beginning of 2014, the operated receipt of 2014 is expected to grow by 30% to 85 billion yuan, and the sales of heavy duty truck is 30,000 units. So far it is difficult to finish the target.

In the first half of the year, CAMC delivered 11,000 units of heavy duty trucks, down by 30% compared with last year. The declined sales is affected by the economic slowdown and the motor vehicle emission standards transferred from national three to national four. Now in China trucks market, many heavy trucks are manufactured with false national 4 emission standard. But CAMC insisted real national 4 and gave up some domestic market.

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