Driving forward with a global vision
By Wang Qian | China Daily | Updated: 2014-06-25 07:12
Sinotruk is developing technical partnerships to accelerate its push into overseas markets
Despite shrinking domestic and overseas demands, China National Heavy-Duty Truck Group Co, the nation's largest heavy truck maker by revenue, which is also known as Sinotruk, still secured orders for 165,237 vehicles last year, up almost 20 percent from 2012, and its sales revenue grew 10.8 percent to 62 billion yuan ($9.95 billion).
A total of 24,500 vehicles were sold abroad, making the Shandong-based company the largest exporter of heavy trucks in the country for nine years in a row. Revenue from overseas sales amounted to $740 million, a year-on-year increase of 2.97 percent.
Photo