Archive for the ‘Truck’ category
Beiqi Foton Motor profits down 60 pct as sales drop off
AutoChina.org (Beijing October 31)- Beiqi Foton Motor Co., China’s largest commercial vehicle manufacturer, said Sunday that its third-quarter profits slid 59.9 percent from one year earlier because of falling sales. The car maker’s profits dropped to 211 million yuan (33.28 million U.S. dollars) for the third quarter of 2011, according to a statement filed with [...]
Zenix and SinoTruk sign MOU
China Zenix Auto International Limited (Zenix) and Sinotruk (Hong Kong) Ltd. have entered into a Memorandum of Understanding (MOU) to form a strategic partnership. Based on the MOU, Zenix Auto and Sinotruk will co-develop a variety of new steel and aluminium wheel products for Sinotruk’s CV fleet, particularly next generation Euro IV and Euro V [...]

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