CVWorld: China's heavy truck sales jump by 40% YoY in October

Sales of heavy-duty trucks in China from makers direct to dealers and for export continued to hum along in October to total 93,000 units, marking the seventh straight monthly on-year increase, according to a preliminary estimate released by the Beijing-headquartered Commercial Vehicle World (CVWorld), a well-recognized market intelligence provider on China's truck manufacturing sector.

If the estimate proves accurate, last month's sales would be higher by a large 40% from the 66,400 units sold in October 2024. However, this would be 12% lower than September's result, mainly due to the eight-day National Day holiday over October 1-8, the provider noted. Similarly, total heavy truck sales over January-October would exceed