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Sinotruk's sales down 28.4% in Q3

Oct. 17, 2012 (China Knowledge) - China National Heavy Duty Truck Group Co Ltd or Sinotruk Group<000951>, a truck manufacturing state-owned enterprise headquartered in Jinan, Shandong Province, has announced that its auto sales decreased 29% YoY to 57,031 units in Q3 this year.

Last month, the truck manufacturer sold 5,133 vehicles, down 5.3% than it realized in August 2012.

In the first nine months of this year, the company saw its auto sales decrease 29% YoY to 57,031 units and the company produced 54,484 vehicles in the period, reflecting a YoY decrease of 25%.

From January to August, the Chinese truck manufacturer saw its export orders exceed 21,000 vehicles, reflecting a YoY increase of 26.3%, and it expected to export 28,000 vehicles this year.

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