China’s Nov heavy truck sales seen jumping by 26% YoY
Dec 02, 2020 18:00
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Total sales of heavy trucks across China in November could have increased by as much as 26% or by 26,000 units on year to around 128,000 units, according to a prediction made by Beijing-headquartered Commercial Vehicle World (CVWorld) on December 2. Though declining by 7% on month, last month’s sales still showed that China’s trucks market has continued to flourish in fourth quarter, with every likelihood of staying positive for the foreseeable future.
If the November result is confirmed, it will make for the eighth successive on-year rise, as well as historical high for each of those months, Mysteel Global learned from the data.
China’s heavy truck sales by month
CVWorld’s forecast for China’s total heavy truck sales over the first eleven months stands