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Target set for truck industry
( 2003-09-09 13:47) (chinadaily.com.cn)

China National Heavy Duty Truck Group Co. Ltd (CNHTC)aims to be one of the biggest powers in China, executives with CNHTC said today in Jinan, the capital city of China's Shandong Province.

CNHTC, which has a yearly capacity of 30,000 heavy trucks, is the Major heavy truck manufacturer in Shandong Province. By 2005, the province is expected to turn out 150,000 heavy-duty trucks and buses, about 30 per cent of the country's total, and by 2010, the figure is expected to top 250,000, according to the provincial government plan.

CNHTC is co-operating with Volvo to upgrade its products, and the Qingdao Automobile Factory of the First Auto Works (FAW), pushing Shandong to become the country's largest truck producer.

   
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