Shaanxi Automobile Group First Heavy Truck Exports in the First Quarter

Due to the ongoing financial crisis, the domestic heavy truck market experienced a general decline in sales during the first quarter of this year. However, Shaanxi Automobile Group managed to buck the trend by significantly increasing its exports. According to customs data, the company exported 3,340 vehicles in Q1, generating $130 million in foreign exchange—an impressive 220% year-on-year growth. This performance placed Shaanxi Automobile at the top of the national heavy truck export rankings for the quarter. To support its international expansion, Shaanxi Automobile has been actively pursuing a product internationalization strategy, focusing on continuous quality improvements. The company’s overseas operations are managed by Shaanxi Heavy Industries & Gas Import & Export Co., Ltd., which has taken a proactive approach in entering and expanding in key markets. The team has deployed more business professionals to Algeria, where they have also established new service centers to better serve local customers and improve market penetration. Thanks to its strong marketing network and reliable after-sales service, Shaanxi Automobile recently signed a major contract with Algeria in mid-April. The deal involves the purchase of 5,500 vehicles, with delivery expected within five months. Currently, Algeria accounts for approximately 80% of Shaanxi Auto's total exports, highlighting the country's importance in the company’s global strategy. In addition to strengthening its presence in Algeria, Shaanxi Heavy Duty Import and Export Company is now making a significant push into the Angolan market, aiming to diversify its export destinations and further boost international sales. With a focus on long-term growth and market stability, the company is well-positioned to continue its success in the global heavy truck industry.

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