China National Heavy Duty Truck Group

Chinese truck manufacturing company From Wikipedia, the free encyclopedia

China National Heavy Duty Truck Group Co., Ltd., CNHTC or Sinotruk Group is a Chinese state-owned truck manufacturer headquartered in Jinan, Shandong province.[1] It is currently the third largest truck manufacturer in Mainland China. It is known for developing and manufacturing China's first heavy duty truck - "Huanghe" (黄河, lit. Yellow River) JN150.

IndustryTruck manufacturing and sales
Founded1935; 91 years ago (1935)
FounderKuomintang government of the Republic of China
Quick facts Company type, Industry ...
China National Heavy Duty Truck Group Co., Ltd.
中国重型汽车集团有限公司
Company type
State-owned enterprise
IndustryTruck manufacturing and sales
Founded1935; 91 years ago (1935)
FounderKuomintang government of the Republic of China
Headquarters,
China
Area served
Worldwide
Key people
Ma Chunji
ProductsTrucks
Revenue110,049,530,000 renminbi (2018) Edit this on Wikidata
OwnerChinese Central Government
ParentThe SASAC
DivisionsZongtong Bus, Luye, Keytrans, Wuyue, Sinotruck Huawin, Yunqaing, Sinotruck King, Howman, Huánghé,
SubsidiariesSinotruk (Hong Kong) (51%)
Websitewww.cnhtc.com.cn
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History

Huanghe JN150, the earliest model built by Jinan Automobile Works
A Steyr 91 built by CNHTC

CNHTC was founded in 1935 by Kuomintang Government of the Republic of China era on the basis of Jinan Automobile Works. It started developing heavy-duty trucks in 1956, with its first truck modeled after Škoda 706 RT. In 1984, Jinan Automobile Works began to produce Steyr 91 with technology imported from Steyr-Daimler-Puch. Since the reform and restructure in 2001, the company has got rid of the operating losses for previous years.

Most of the group assets was now listed on the Stock Exchange of Hong Kong in 2007, as a Hong Kong-incorporated company, Sinotruk (Hong Kong).[2] Another subsidiary (subsidiary of Sinotruk (Hong Kong)), Sinotruk Jinan Truck (SZSE:000951), was listed on the Shenzhen Stock Exchange.

After the collaboration with Steyr, Sinotruk had done collaboration with Volvo Trucks (which terminated around 2009), sold under the Howo nameplate,[3][4] and later, collaboration with MAN AG, sold under Sitrak nameplate.[5]

Some Howo model like Howo 7 series uses Volvo FL10 derived cabin,[6] others like Howo A7 uses Volvo FH derived cabin.[7] Sitrak models on the other hand, uses MAN TGA derived technology.[8]

In October 2019, Shandong Heavy Industry became the controlling shareholder of "China National Heavy Duty Truck Group", acquiring a 45% stake.[9]

Markets

Brazil

Sinotruk sells trucks in various South American countries. They came to Brazil in response to a group of businessmen with experience in the transportation industry. Sinotruk has sold 2,000 vehicles thus far. Sinotruk began building their first plant outside China in 2013 with an initial investment of more than 300 million dollars. Its location will be in Lages, Brazil.

India

Sinotruk entered India in 2014 with an order of 60 Howo dump trucks[10] and in 2015 Sinotruk partnered with a Hyderabad based company to set up assembly plant in India they planned to set up a plant in Maharashtra or Telangana.[11] In 2018 Sinotruk launched HOWO Mine King a 98 ton GVW 6x4 dump truck with a 12.4 liter diesel engine based on MAN producing 480hp supported by an Allison 4600 ORS automatic transmission.[12]

Pakistan

Sinotruk also produces trucks in Pakistan through a joint venture with Dysin Automobiles.[13]

Philippines

They are also active in the Philippines as well since 2011 through dealership, selling light and heavy trucks.[14][15]

Light passenger vehicle models

References

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