Despite shrinking domestic and overseas demand, China's major commercial vehicle manufacturer, Sinotruk, still reported a positive performance in the first quarter of 2015.
China National Heavy-Duty Truck Group Co, the nation's largest heavy truck exporter, is striving to expand its business into overseas high-end markets.
China National Heavy-Duty Truck Group Co signed a $100-million deal for a new assembly plant to produce trucks in Lagos, Nigeria.
Sinotruk is developing technical partnerships to accelerate its push into overseas markets
The Finnish company Cargotec Oyj, one of the world's leading providers of cargo and load handling solutions, has set up a joint venture with China National Heavy-Duty Truck Group Co.