China truck market to cool off through 2020-study

Newswire

By Deepa Seetharaman DETROIT, Feb 28 (Reuters) - The Chinese market for medium- and heavy-duty trucks will cool down over the next eight years, according to a Boston Consulting Group study, which projects sales growth in the country will lag that of the global truck industry. At the same time, there will be growing demand in China and other emerging markets for more upscale trucks outfitted with air conditioning, radios and air bags, said the study, which was released on Tuesday. The global ...

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