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Blog

18 Dec 2024

In 2024, facing the dual pressures of continued low-level operation of the domestic industry and weakening momentum in the international market, China National Heavy Duty Truck Group, together with its partners, will go all out to seize market share, grab orders and ensure delivery. Its operating performance will once again lead the industry. The annual consolidated revenue is expected to exceed 194 billion yuan, an increase of more than 10% year-on-year; the total profit and tax is expected to be 12 billion yuan, an increase of more than 15% year-on-year; and the sales volume of complete vehicles is expected to be 370,000 units, an increase of more than 10% year-on-year.



Among them, the export of heavy-duty trucks is expected to reach 135,000 units, a year-on-year increase of 4%; export revenue is expected to reach 45.1 billion yuan, a year-on-year increase of 5%; while the domestic traditional energy heavy-duty truck industry is expected to decline sharply by 12% year-on-year, heavy-duty trucks and light-duty trucks have the fastest growth rate among the top five groups, achieving the first place in sales volume, market share and exports of heavy-duty trucks in the same domestic industry; the annual sales volume of new energy heavy-duty trucks is expected to reach 8,600 units, a year-on-year increase of 280%; the sales volume of new energy light-duty trucks is expected to reach 3,300 units, a year-on-year increase of 15%.



China National Heavy Duty Truck's new generation heavy-duty truck platform launch conference. Grandly launched a new generation of fuel tractors, a high-end heavy-duty truck designed for long-distance trunk lines;


China National Heavy Duty Truck's new HOWO TX7-N launch conference. The vehicle adheres to the integrated optimization and weight reduction measures of high quality, high safety and high load-bearing capacity, and can be called the king of cost-effectiveness in the field of coal/composite transportation.


China National Heavy Duty Truck's HOWO 2025 light truck launch conference. The vehicle's fuel economy, power output and reliability have reached the leading level;


China National Heavy Duty Truck's second-hand car certification standard launch conference. It not only reflects China National Heavy Duty Truck's emphasis on the construction of a full life cycle service ecosystem for vehicles, but also is a strong proof of its commitment to continuously creating higher value for partners!



Facing the upcoming 2025, Sinotruk has firmly set a goal of 450,000 vehicle sales and a year-on-year growth of more than 20%, and has jointly launched five mutually beneficial and win-win actions in 2025 with its partners:


1 Work together to create a full range of products that make customers the most profitable


2 Work together to build a sales channel network that customers trust the most


3 Work together to create the most intimate and efficient service support system


4 Work together to establish a rapid linkage mechanism that directly reaches the market


5 Work together to provide the maximum value of the product throughout its life cycle


At this conference, Sinotruk exhibited a total of 79 vehicles, set up multiple exhibition areas such as new energy, long-distance trunk, green cold chain, express delivery, etc., covering different models such as heavy trucks, light trucks, special vehicles, dump trucks, buses, as well as assemblies and parts such as engines, axles, power chains, and automatic driving systems. A total of 2,400 Sinotruk partners and related personnel attended the conference on site.

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