CNHTC set the sales target and launched SITRAK at the Commercial Convention 2010
(chinatrucks.com, Dec.23, 2009)One heavy truck called "Shande Truck T7" was debut at the Commercial Convention 2010 of CNHTC in the December 20. The configuration table shows that the this truck was rigged with Man D20 430-horsepower States III common-rail engine, 3.73 Ratio of the HW1697 small single-stage drive axle, HW20176 gearbox and ABS + ASR + EBL + TPM braking system, which considered as the excellent heavy truck in China.
Sinotruk Group, is confident to sell 140,000 trucks in 2010 and will try to hit the target of 150,000 units, said Ma Chunji, chairman of Sinotruk Group, at the annual business conference over the weekend.
For the first 11 months, Sinotruk sold 115,000 heavy-duty trucks, up 9.69% from a year earlier, achieving sales revenue of more than 50 billion yuan ($7.32 bln). Full-year sales are expected to reach 125,000 trucks. Its sales this year hit 120,000 units on December 11.
Sinotruk said that it had become the world's second largest maker of heavy trucks in terms of annual output and sales in the last week of December. Its major overseas rivals Daimler and Volvo sell about 250,000 and 100,000 trucks a year.
In July, Volvo agreed to end its truck venture with Sinotruk after production had been suspended for several years, but in October German heavy truck maker MAN said it had received China's regulatory approval to acquire 25% stake in Sinotruk.
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