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TRUCK MARKET * China - Large-power trucks favored
Beijing,China -Auto China/China Daily, by Rong Xiandong -20 Mar 2007: -- The commercial vehicle market, especially the heavy-duty truck market, will have bright prospects this year, said a company executive in the industry recently... Heavy truck sales in 2007 are expected to rise 10 percent to 330,000 units after the sales figure surged 29.3 percent in 2006 to 305,432 units, said Wu Qiwei, vice-general manager of Yuchai Machinery Co Ltd... Medium and light truck sales are estimated at 210,000 and 1.03 million units, a year-on-year increase of 3.5 and 8.5 percent respectively... "Large-power multi-axle trucks will be favorite in the heavy truck market and fuel-efficient models with a gross weight of between 19 and 32 tons will be the most popular," Wu predicted...
Labels: trucks markets
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