The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Heavy Trucks Market: Daimler Trucks, Volvo, Paccar, MAN Group, Scania, IVECO, Oshkosh, Hino, Isuzu, Navistar, KAMAZ, Rosenbauer, Dongfeng, SINOTRUK, FAW, Foton, Shacman, JAC, Saic-Iveco Hongyan, CAMC, DAYUN, BeiBen Trucks.
The name Shacman is an amalgam of three others: ‘Sha’ comes from the first three letters of the province in which the trucks are made, Shaanxi; the ‘c’ stands for Cummins, the legendary American diesel engine that powers a large range of trucks and equipment worldwide – the Chinese are now making that engine through a 50/50 partnership; and ‘man’ in homage to the German-made truck called MAN.
Shacman has been operating units under rugged conditions in Jamaica for the China Harbour Engineering Company, and in 2017 TW purchased several trucks to test for its own purposes.
He further noted that "Shacman considers Algeria as its most strategic market, globally, as 40,000 heavy-duty trucks have been sold here since 2007, representing 80 percent of the Algerian trucks market share."
Heavy Trucks Market Segment by Type:> Complete Vehicle> Incomplete Vehicle (Chassis)> Semitrailer Tractor
The China-based company, which recently inked a deal with Tank-Weld (TW) to distribute its trucks in Jamaica, will be setting up offices in Six Miles, St Andrew, close to TW’s main offices, by end of April 2018. The company announced its decision to its partners early last week.
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The assembly plant that will manufacture the vehicle, under the brand "Shacman," is due to produce yearly as many as 3,000 heavy-duty trucks of international standards under the latest models, sold in both local and foreign markets.
"We sold a piece of property to CHEC and they moved in beside us, and we’ve been watching their fleet for the last three years. We decided to get in touch with Shacman to buy one of those trucks for a test," Ralston said, relating the preliminary development.
Indigenous trucks are still popular but they now compete with all of the major European brands, plus Chinese, Japanese and Korean marques, American vehicles and a bewildering array of second-hand vehicles imported from all over the world.
Global and China Heavy Duty (HD) Truck Market 2016 – Daimler Trucks, Volvo, Paccar, MAN Group, Scania, IVECO, Hino, Isuzu, Navistar, TATA, Ashok Leyland | Shacman Factory Blue 6×4 Tractor Truck Related Video:
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