Sinotruk to keep export growth in 2013
Source: Xinhua |
June 5, 2013, Wednesday
|
Print Edition
Print Edition
CHINA'S largest heavy-duty truck maker, Sinotruk, is poised to maintain growth in its exports this year despite shrinking overseas demand due to the eurozone debt crisis, the company said yesterday.
The Jinan-based truck manufacturer has clinched export orders for more than 14,000 heavy-duty trucks so far this year.
The company said Southeast Asian countries have become a major export destination for its vehicles, while other overseas markets like Central Asia and Africa have all witnessed steady growth.
The company has just delivered the first batch of 300 HOWO-A7 type heavy-duty trucks to Hong Kong.
Ma Chunji, chairman of the board of Sinotruk, also said the firm has broken through in Hong Kong, a market long dominated by European and Japanese truck makers.
The company owns the complete intellectual property right for the HOWO-A7 truck. The truck entered markets in Brazil, Africa and West Asian countries in 2012.
Its export revenue rose 82 percent year on year to US$610 million dollars last year.
The Jinan-based truck manufacturer has clinched export orders for more than 14,000 heavy-duty trucks so far this year.
The company said Southeast Asian countries have become a major export destination for its vehicles, while other overseas markets like Central Asia and Africa have all witnessed steady growth.
The company has just delivered the first batch of 300 HOWO-A7 type heavy-duty trucks to Hong Kong.
Ma Chunji, chairman of the board of Sinotruk, also said the firm has broken through in Hong Kong, a market long dominated by European and Japanese truck makers.
The company owns the complete intellectual property right for the HOWO-A7 truck. The truck entered markets in Brazil, Africa and West Asian countries in 2012.
Its export revenue rose 82 percent year on year to US$610 million dollars last year.
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