Sinotruk May Lead The Truck Industry out of The Dark Time

According to the statistics of the China Heavy Duty Manufacturers, the heavy truck industry sold out 618,000 units from January to November 2022, and it is expected to reach 672,000 units in the whole year. In 2022, due to the slow economic growth, we cannot predict the heavy duty truck market. And affected by the policy, there is a certain big demand; and for the tractor market, especially for cross-regional long-distance transportation tractors are more affected.

Although the tractor market is affected by many factors, tractors are still the largest demand due to their large load capacity, strong power, and high transportation efficiency. Especially in long-distance truck, the Sinotruk high-power products have been recognized by the market.