CVWorld: China sells fewer heavy trucks in July

Sales of heavy-duty trucks in China from makers direct to dealers and for export slowed in July, with the volume last month approaching 92,000 units. The on-year rise was only 8.4% – considerably smaller than the 18% YoY increase during June and 22% in May – while compared with June, the volume was 21% lower.

This is according to preliminary estimates released by the Beijing-headquartered Commercial Vehicle World (CVWorld), a well-recognized market intelligence provider on China's truck manufacturing sector. Nevertheless, even if the estimate proves accurate, combined heavy truck sales over January-July will still amount to nearly 753,000 units, 21% higher on year, according to CVWorld. A