Mann China and China National Heavy Duty Truck launch new heavy truck brand next year

The Man Group, which took a share of China National Heavy Duty Truck Group last year, plans to launch a new brand together with China National Heavy Duty Truck next year. The brand's products will be higher than the mainstream products in China's current heavy truck market, and will be oriented to global emerging markets.

At the Hannover Motor Show in Germany, Man Group CEO Pachta (DR.Georg Pachta-Reyhofen) "In 2011, Mannheim and Sinotruck launched a new brand based on the TGA technology platform."

Chairman of China National Heavy Duty Truck Board Ma Chunji explained that both parties have determined their respective advantages market when determining the development of new brands. In the future, the export of new brands is mainly a blank market for both parties. For example, Mann has developed a very deep Brazilian market, and new brands will not enter. In Southeast Asia, the Middle East, Africa and other markets, new brands will enter.

Last year, the Manchester Group obtained a 25% +1 share in the listed company of Sinotruk Hong Kong for a price of 6 billion Hong Kong dollars.