By Sun Zhe German-based MAN's buyout of a quarter stake in Sinotruk will bring technology China's leading heavy truck maker needs to meet increasingly stricter emission standards, an industry analyst said Tuesday. MAN, the world's third largest heavy truck producer after Benz and Volvo, announce...
Shanghai, August 25 (Gasgoo.com) Sinotruk (Hong Kong) Ltd said on Monday its profit attributable to shareholders dropped 39.8 percent year-on-year to 462 million yuan ($67.63 million) in the first six months ended June 30, 2009.
Shanghai, August 11 (Gasgoo.com) Sinotruk (Hong Kong) Ltd., China's largest heavy-truck manufacturer by sales, has announced that it sold 5,672 vehicles in July, and the sales in the first seven months of this year came to 48,100 units, down 16.67% year on year, xinhuanet.com said today.
HONG KONG, July 16 - Shares in Sinotruk roared to life following a three-week suspension on Thursday, after Europe's third-largest heavy truckmaker MAN SE agreed to buy a 25 percent stake in the Chinese company...
HONG KONG, July 16 - Trading in shares of Sinotruk will resume on Thursday after German truckmaker MAN SE said it will pay 560 million euros ($786.7 million) to for about 25 percent of the...
Nov. 6, 2008 (China Knowledge) - China National Heavy Duty Truck Group Co Ltd (Sinotruk)<000951>, the largest heavy truck manufacturer in China, signed an agreement on Thursday with Ireland's Timoney Technology Co Ltd on further...
China National Heavy Duty Truck Group Co Ltd, the country's largest heavy truck manufacturer also known as Sinotruk Group, plans to issue RMB 1 billion worth of 365-day financing bills on Oct. 27, sources reported.The coupon rate of the bills will be determined during the process of book building. Interest on...
Shanghai, October 9 (Gasgoo.com) The German heavy truck maker MAN said that it had received approval from Chinese authorities to acquire a 25 percent stake in China's state-owned truck maker Sinotruk.
Sinotruk (Hong Kong) Ltd<3808>, the Hong Kong-listed arm of China's largest heavy truck manufacturer, China National Heavy Duty Truck Group, Monday announced that its net profit attributable to shareholders slumped 39.8% year on year to RMB 462 million in the first half of the year. In the first six months of this...
Volvo reached an agreement with China National Heavy- Duty Truck Corp recently to pull out of their truck venture, which suspended production several years ago due to poor sales, a source at the truck maker said. The move, which follows Sinotruk鈥檚 recent $800 million tie-up with Europe鈥檚 MAN,...