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China Commercial Vehicle Demand Remains Subdued

China’s heavy and medium truck and tractor markets remained soft in Q1’15. Total sales (domestic and export) were just over 135,000 heavy trucks and tractors in Q1’15, compared to approximately 162,000 units sold in Q4’14, a decline of more than 33% y/y and 16% q/q. According to ACT Research, which compiled the data, the pace […]

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