Overseas markets offer rich rewards to truck firms
By Wang Chao | China Daily | Updated: 2015-05-19 07:38
Vehicle manufacturers take the fast track to success in Southeast Asian nations, reports Wang Chao.
Sluggish is not a new word to describe the Chinese truck industry, as the sector has been suffering consecutive drops in the past few years, both in the domestic and overseas markets. But amid the global gloom, Southeast Asia is becoming a silver lining.
Figures from the China Association of Automobile Manufacturers show that during the first three months of the year, Chinese companies exported 78,700 commercial vehicles, including trucks and buses, a decline of 5.3 percent from the same period last year.
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