China’s Heavy Truck Sales in March Up 26% MoM

In March 2023, China's heavy truck sales stood at about 97,000 units (invoiced, including exports and new energy), an increase of 26% from February, an increase of 26% from 77,000 units in the same period last year, and a net increase of about 20,000 units. Since February, the heavy truck market has entered a channel of continuous year-on-year growth.