In the first quarter of 2010, the heavy truck industry achieved a record high.
It is expected that the sales growth of heavy-duty trucks will exceed 130% in the first quarter of 2010; the shift in demand for downstream customers to high-end products is already evident; the sales volume of heavy-duty trucks equipped with high-horsepower and more gearboxes is expected to be in 2010. Above 30%, the average price of heavy truck sales will further increase, and the gross profit level will increase further. It is estimated that the price increase for heavy trucks in 2010 will be between 1.5% and 2.5%, which will basically cover the increase in the cost of raw materials caused by price increases.
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