October heavy truck sales in China down from high in Sept, up 41% year on year

Tuesday, 03 November 2020 14:36:57 (GMT+3)   |   Shanghai
       

In October this year, heavy truck sales in China amounted to around 129,000 units, up 41 percent year on year, while down 14.3 percent month on month, according to the data issued by cvworld.cn, a Chinese auto industry information service provider. In the January-October period this year, heavy truck sales in China totaled 1.365 million units, up 39 percent year on year.

Heavy truck sales in China have successively reached historical high levels in each of the seven months since April this year.

Since the subsidy for eliminating heavy trucks conforming to national stage III pollutant discharge standards will expire by the end of the current year, it is thought that heavy truck sales will be at a high level in the fourth quarter this year. 


Similar articles

Chinese HRC export price trend lacks clarity, local market still gradually improving

07 May | Flats and Slab

Ex-China stainless steel prices remain stable while stainless futures prices decline

07 May | Flats and Slab

Shagang Group keeps local steel plate price stable for May

07 May | Flats and Slab

Silicomanganese prices in local Chinese market - week 19, 2024

06 May | Scrap & Raw Materials

China makes positive return from holiday, longs prices up, expectations good but cautious

06 May | Longs and Billet

Shagang Group keeps local HRC prices stable for May

06 May | Flats and Slab

Shagang Group keeps local rebar prices stable for early May

06 May | Longs and Billet

MOC: Average steel prices in China up slightly during April 22-28

06 May | Steel News

Ex-China stainless steel prices move sideways, less restocking than expected

30 Apr | Flats and Slab

Ex-China HRC prices stable from mills, but tradable level gains $5/mt

30 Apr | Flats and Slab