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China’s August heavy truck sales may slump 52% YoY

ABSTRACT

Sales of heavy-duty trucks in China in August will probably decline by 52% on year, according to a preliminary estimate released by Beijing-headquartered Commercial Vehicle World on August 31. If CVWorld’s forecast proves correct, monthly sales will have fallen on year for four straight months.
During August, CVWorld estimates that the country’s heavy truck sales reached around 62,000 units, which was also down 19% from July. However, this would put total sales over January-August at 1.19 million units, higher by 9% on year. CVWorld is a well-recognized market intelligence provider on China’s truck manufacturing industry,

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