CVWorld: China's heavy truck sales soar 43% YoY in April

After performing well in March, sales of heavy-duty trucks in China from makers direct to dealers including for export maintained strong momentum in April, with volume last month approaching 125,000 units, higher by nearly 43% on year, though this was lower by around 10% on month.

This is 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, combined heavy truck sales over January-April will amount to 443,000 units, 26% higher on year, according to CVWorld. The provider gave several reasons for