Sinotruk Listed Top Ten China Auto Industry for 11 Years
www.chinatrucks.com: “2014 China Mechanism Top 100 Companies” was revealed in Ningbo city and the event was organized by China Machinery Industry Federation and China Association of Automobile Manufactures. The annual revenues of Sinotruk were 68.3 billion Yuan in 2014, listing the 9th among top 30 China auto companies and this is the 11th consecutive year for Sinotruk listed top ten among China auto industry.
Although the economy this year is rather sluggish, Sinotruk adjusts their market strategy and structures to improve their management levels and production quality and their growing ability and operation efficiency is better than the average level of China auto industry, and the sales revenues are increasing over last year. And they produced and sold 176,000 vehicles last year, up 6.5% over last year, including 121,000 heavy trucks, up 0.4% over the previous year and its sales revenues amounted to 68.3 billion Yuan, up 10% over that of 2013. And the net profits increased by 54% over last year.
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