China's heavy truck industry exports fell in the first half of the collective profit decline


An incomplete statistic shows that several major companies, including China National Heavy Duty Truck and Dongfeng, did not have satisfactory exports in the first half of the year, and some companies even experienced a regression in their export business. Exports that brought them huge profits in 2005 have met with tremendous resistance this year.

Although the latest comprehensive statistics have not yet been announced, the reporter found from interviews with some heavy truck companies that the number of exports this year has decreased year-on-year. An executive from FAW Jiefang Automobile Co., Ltd. introduced the products and frequently exported products from Europe and Central Asia. Compared with last year, this year's performance was much less.

The news from CNHTC also indicated that its export prospects are not optimistic. The company exported 4,390 cars last year and earned $127 million in foreign exchange. It also performed well earlier this year. However, there has been some decline in the number of recent orders.

Industry insiders analyzed that due to the over-dispersed product sales, the products exported by the company did not receive good after-sales service, which inevitably led to local consumers not accepting it. This is an important reason for the decline in exports.

Dongfeng Motor Co., Ltd. said that relevant personnel of the Overseas Business Division of commercial vehicle companies must make greater efforts to increase the technological content of products, strengthen internal management, improve product quality, and improve after-sales service in order to increase the competitiveness of enterprises in the international market.

Shaanxi Automobile Group stakeholders also said that they will continue to increase their investment in independent research and development, and strengthen innovation in market sales and service areas so as to increase their competitiveness. They will not lose their ambitious goals because they are seeking a small profit.



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