China National Heavy Duty Truck Group Co., Ltd. reported strong performance in the first two months of this year, with production and sales reaching 17,900 heavy trucks—a 42.28% increase compared to the same period last year. The company maintained a market share of 22.45%, solidifying its position as the leading domestic heavy truck manufacturer. In March, the company is expected to produce and sell around 15,000 units, potentially setting a new monthly sales record for China’s heavy truck industry.
Since its restructuring in 2001, CNHTC has focused on scientific development, innovation, and international expansion. This strategy has driven seven consecutive years of rapid growth. Over that time, production and sales volumes increased by 26 times, and the company climbed to the top of the industry in terms of market share. By 2007, CNHTC had become one of the world's top five heavy truck manufacturers in terms of production and sales. Alongside this growth, the company also improved its operational efficiency and product quality. Annual revenue reached 37.1 billion yuan, with profits and taxes totaling 2.8 billion yuan.
In 2008, CNHTC aimed to produce and sell 125,000 heavy-duty vehicles, with an additional 135,000 units under development. Of these, 20,000 were planned for export, while 25,000 would be secured for domestic use. The company also announced it would complete its "Eleventh Five-Year Plan" two years ahead of schedule, showing its commitment to long-term strategic goals.
CNHTC continues to demonstrate strong performance, both domestically and globally, reinforcing its leadership in the heavy truck sector. With consistent growth, innovative strategies, and a focus on quality, the company remains a key player in China’s automotive industry.
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