China: Sinotruk announces 140,000 orders for 2008
Monday, January 28, 2008, AutomotiveWorld.com
The country's largest heavy truck maker, China Heavy Truck Corporation (Sinotruk) says it has received purchase orders of 140,000 heavy trucks for 2008, with exports planned to double this year.
The company notes in a statement that it is currently rolling out more fuel-efficient models that now comply with Euro 3 tailpipe emission standards and is in the process of converting all models to the standard.
As for sales, the state-controlled OEM plans to sell 125,000 heavy trucks this year. According to Gasgoo.com, the firm sold 100,619 such vehicles in 2007, a year-on-year rise of 66%.
Sinotruk adds that it expects its registrations for January 2008 to rise 40% year-on-year.
Published on Monday, January 28, 2008
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