TRATON and Chinese Sinotruk significantly expand strategic partnership
TRATON GROUP and Chinese CNHTC Group announced a further expansion of their long-term partnership .
MAN and Sinotruk have been working together highly successfully since 2009 and have agreed to broaden this cooperation by establishing a joint venture to localize a MAN heavy-duty truck in China and evaluating and intensifying technology and procurement cooperation.
Since the beginning of the partnership, MAN has held a 25% stake plus one share in Sinotruk, one of the leading heavy-duty truck manufacturers in China.