China’s biggest heavy-duty truck maker, Sinotruk Hong Kong Ltd., said its first-half income surged 77% on higher demand for commercial vehicles, Bloomberg reported.
August 30, 2010Government
China’s 2010 Heavy-Duty Truck Sales May Top 1 Million
Sales of new heavy-duty commercial vehicles in China surged 83% from a year ago in the second quarter, ACT Research Co. reported.
September 8, 2010Government
China Overtakes U.S. as World’s Largest Energy Consumer
Oil held over $76 a barrel Monday following three straight declines, and the Wall Street Journal reported that China has overtaken the United States as the world’s largest energy consumer.
July 19, 2010Government
China’s Dongfeng Motors to Build New Truck Plant
China’s Dongfeng Motor Group Co. will spend $146 million to build a heavy truck factory in that country’s Hubei province, Bloomberg reported.
May 26, 2010Government
Michelin Plans $300 Million Investment in China Tire Plant
Tire maker Michelin said plans to invest $300 million to make tires in China, Bloomberg reported.
March 30, 2007