The export market of the truck industry continues to rise

2024/9/29 15:01:50

The export market of the truck industry continues to rise


Overseas exports are a major incremental market for my country's truck industry. 

According to data released by the China Association of Automobile Manufacturers, in the first half of this year, my country exported a total of 351,000 trucks, a year-on-year increase of 6%, setting a new record for exports in the same period in the past seven years. 

In the export market, both heavy trucks and light trucks showed a good growth trend. 

Among them, FAW Jiefang, Sinotruk, JAC Motors and Jiangling Motors have all performed well in overseas markets, further promoting their revenue and profit growth.

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"As the comprehensive competitiveness of my country's automobile industry continues to improve, Chinese cars are expected to gain more recognition on the international stage, especially in the field of commercial vehicles. 

Whether in terms of quality, process, technology, or cost control and service provision, they have the strength to compete with global competitors. 

Therefore, the overseas market will become an important engine to promote the development of my country's commercial vehicle industry."

Lin Yun, senior expert of commercial vehicles at Roland Berger, said. 

Enterprises need to face challenges actively.                                     

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In the first half of this year, thanks to the introduction of favorable policies, the growth of natural gas and new energy trucks and export markets, 

the domestic commercial vehicle market has gradually recovered, and corporate performance has also shown a steady growth trend. 

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Looking ahead, both industry insiders and corporate financial reports are looking forward to the continued recovery of the market.

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