China National Heavy Duty Truck Group Co., Ltd. has seen impressive growth in the first two months of this year, with a combined production and sales volume of 17,900 heavy trucks, reflecting a 42.28% increase compared to the same period last year. The company maintained a strong market share of 22.45%, securing its position as the leading player in China's heavy truck industry. In March, the company is expected to achieve a monthly production and sales figure of 15,000 units, potentially setting a new record for the Chinese heavy truck sector.
Since its reorganization in 2001, CNHTC has focused on scientific development, technological innovation, and global expansion. This strategic approach has driven sustained growth for seven consecutive years, with production and sales volumes increasing by 26 times. The company not only regained its leadership in the domestic market but also 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 rapid growth, the company has also improved its operational efficiency and product quality, achieving annual revenue of 37.1 billion yuan and generating 2.8 billion yuan in profits and taxes.
In 2008, CNHTC aims to produce and sell 125,000 heavy-duty vehicles, with a target of 135,000 units, including 20,000 exported units and 25,000 units secured for domestic use. The company is accelerating its "Eleventh Five-Year Plan" strategy, aiming to complete its goals two years ahead of schedule. This reflects the company’s commitment to long-term growth, innovation, and maintaining its competitive edge in the global automotive industry.
For more updates: China National Heavy Duty Truck Breaks Monthly Sales Record for National Heavy Truck Industry
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