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China Commercial Vehicle Demand Up

Demand for China’s heavy and medium trucks and tractors was mixed in Q1’16. Total heavy duty sales, trucks and tractors, rose more than 8% y/y in 2016’s first quarter, representing a 4.1% q/q increase. Medium-duty truck sales, on the other hand, rose 11% y/y, but contracted more than 22% from the final quarter of 2015. […]

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