Sinotruk to sell more trucks in Vietnam
Source: Shanghai Daily
CHINAíS largest maker of heavy trucks, Sinotruk (Hong Kong) Ltd, aims to sell as many as 2,500 vehicles in Vietnam next year, as economic growth in the southeast Asian nation boosts demand for trucks.
The company has signed an agreement with TMT Auto Co, Vietnamís largest commercial-vehicle distributor, it said yesterday. The first 500 trucks will be delivered in the first quarter of 2008.
"It took Japan 40 years to become a great automotive nation. It took South Korea 20 years. I think it will take China as little as 10 to 15 years."