China's truck market share is expected to break 50% in 10 years

September 27 reported that China has accelerated its entry into the global truck market in recent years, and its market share in the Middle East, North Africa, and Southeast Asia has increased significantly. In 2010, global market share is expected to exceed 50%.

Reported that in 2009 China's Dongfeng, FAW and Heavy Truck Group's truck production was ranked 2-4 in the world, of which Dongfeng truck production reached 193,000, second only to 229,000 in Daimler. Experts in the industry stated that given the gap in quality between China and Germany and other developed countries, coupled with the fact that it is temporarily unable to meet strict European emission standards, this will protect European and American domestic truck manufacturers to a certain extent.