Output and Sales Volumes of Fast Transmissions Reach 620,000 units in 2014

www.chinaspv.com: In 2014, as we review, the whole commercial vehicle industry hardly grows, even 4% down in heavy truck sector. However, Fast remains the sales income growth, y/y growth of 11%, occupying 70% market shares of accessories of heavy trucks.

In general, the sales revenue of Fast comes to 11.9 billion Yuan, referring to transmissions of 620,000 units, and this builder stays top one ranking in China in the twelfth successive year for gearboxes, especially the world top one for the ninth successive year for heavy-duty transmissions due to output and sales volume.

Overall, the sales achievements are satisfactory in the various terms this year, compared with the same period of 2013, better in the first half and worse in the last half. In Jan.-Nov., the growth exceeds 14% while the sales of the heavy truck industry reduces 0.96% overall. In Jan.-Nov., the sales income reaches 11.2 billion Yuan, both production & sales volume of transmissions adding up to 583,000 units. Actually, the predicted amount sets at 620,000 units and almost 12 billion Yuan in 2014 as the plan.
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