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Foreign commercial vehicles to recombinate heavy truck markets
Date:2012-02-02 Author:Eric Source:www.chinatrucks.com
www.chinatrucks.com: Currently China and Brazil are two main overseas markets for MAN. 50,800 MAN trucks were sold in Brazil in 2011, up 18%, and 86,000 units and 100,600 trucks were produced and sold with their China partner Sinotruk in 2011 in China, down 34.62% and 7.97%.
65,600 MAN trucks were sold in 2010 with sales revenues 14.6 billion euro, and their sales revenues in Brazil were 3.1 billion euro.
MAN is expecting deepening cooperation with Sinotruk, and currently MAN holds 25% and one more share of Sinotruk, and its total investment amount to 0.56 billion euro.
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