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Heavy-duty vehicle market sees steady increase

By Dai Yan (chinadaily.com.cn)
Updated: 2006-11-17 08:53

Special coverage: Auto China 2006  Related publication:        Related readings: Hot heavy-duty trucks in 2007 Overview of heavy-duty truck sector in 2005-2006

The domestic heavy-duty vehicle market reported an accumulated sales of 222,791 units in the first nine months of 2006, an increase of 21.18 percent year on year. The large increase resulted from investments in fixed assets, export expansion and vehicle upgrade.

Among the heavy-duty segment, heavy truck sales were 39,990 units, down 23.5 percent compared with the same period in 2005. Chassis sales were 119,056 units, up 32.02 percent year on year. Semi-tractor sales jumped by 54.22 percent year on year to 63,745 units.

The top five heavy truck manufacturers in September were Dongfeng Motor, FAW Jiefang, Sinotruk, Shaanxi Heavy Truck and Beiqi Foton Motor. Sinotruk's Steyr series posted strong growth in the first nine months. Shaanxi Heavy Truck's increase had been at the top nationwide during nine consecutive months this year.

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The full text is available in the November Issue ofAutoChina.