China's heavy-duty truck giant seeking larger overseas market: newspaper
Xinhua
1562570340000

BEIJING, July 8 (Xinhua) -- China National Heavy Duty Truck Group, or Sinotruk, expects this year's heavy-duty truck exports to reach 45,000 units, up nearly 24 percent year on year in pursuit of greater market share overseas, said Monday's China Daily.

VCG31N1151032714.jpg

File photo: VCG

Sinotruk sold 12,589 heavy trucks overseas during the first four months of this year, accounting for 48 percent of the country's total heavy truck exports during the period, the newspaper said.

Liu Wei, deputy general manager, said the company is making efforts to set up after-sales service networks and spare parts supply centers this year to upgrade its service level in oversea markets.

To better meet local demand, it has established nine cooperative knockdown production plants globally and 16 hubs of automobile parts in 12 countries and regions.

While maintaining its momentum in Africa and Asia, the company is foraying into high-end markets in countries and regions like Australia and New Zealand.

Based in east China's Shandong Province, the company produced China's first-ever heavy-duty truck, and is also one of China's first heavy-duty vehicle manufacturers to explore overseas markets.