Sinotruck Signs 5,000 Heavy Trucks Export Deal with Russia Partner

SHANGHAI - December 6, 2007:

China National Heavy Duty Truck Group Corp or Sinotruck announced that the company has signed a heavy truck export deal with Russia heavy truck maker Likhachev-AMO ZIL, according to China’s Ministry of Commerce.

Under the export deal, Sinotruck will supply at least 5,000 heavy trucks to the Russia partner in the coming 12 months.

Founded in 1916, Likhachev-AMO ZIL is Russia's second largest heavy truck maker. It produces 3-8 tons trucks, pickups, minibuses and tourism buses.

The Shandong-based Sinotruck, is China’s largest heavy truck maker that holds 20.8 percent of China's heavy truck market. By the end of October, Sinotruck has achieved this year’s sale target of 80,000 units; in the first nine months, the company has achieved this year’s export target of 10,000 units, a company official said.

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