According to the latest news, from January to July, China's heavy-duty trucks produced and sold 61,838 heavy-duty vehicles, an increase of 73.4% year-on-year, exceeding the total amount of the previous year. It is expected that the production and sales of heavy-duty vehicles will be expected to exceed 100,000 units this year, making it one of the leading manufacturers of heavy-duty trucks in the world.
As of the end of July, China National Heavy Duty Truck produced and sold 61,838 heavy-duty vehicles this year, producing 63,258 sets of engines, an increase of 76.2% year-on-year; sales revenue of 20.678 billion yuan, an increase of 61.9%; and profits and taxes of 1.677 billion yuan, an increase of 101.3%; exports earned 1.947 Billion US dollars, an increase of 47% year-on-year.
China National Heavy Duty Truck Group regards high quality and low cost strategy as the main way to build the core competitiveness of the company, gradually gaining a dominant position in the fierce market competition, and becoming China's heavy truck industry's most profitable enterprise. Last year, production and sales of heavy-duty vehicles broke through 60,000 vehicles at one stroke, which is an increase of 15.5 times compared to the early days of reorganization. After several years of development, the debt before the reform and reorganization has been 12.967 billion yuan, the asset-liability ratio was 138.49%, and the loss was 8.3 billion yuan. The sales revenue for 2006 was 21.97 billion yuan, and the profit tax was 1.786 billion yuan; the domestic market share of heavy-duty automobiles was determined by Less than 5% increase to 20%, and achieve a number of national firsts such as dump trucks, cement mixer trucks, fire engines, and heavy-duty vehicles of over 14 tons; export volume of heavy vehicles increased from “zero†to 6,296 units in 2006, earning foreign exchange The US$213 million this year is expected to reach 15,000 vehicles and earn 300 million U.S. dollars.
View related topics: China National Heavy Duty Truck Breaks Monthly Sales Record for National Heavy Truck Industry
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