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With the growth of domestic economic strength, the commercial vehicle market has gradually expanded, prompting more automakers from Europe, America and Japan to enter the Chinese market. In 2011, China’s large and medium-sized trucks sold about 1.3 million vehicles, which accounted for nearly half of global sales, 2.5 times that of 2006. 
Among them, the world’s largest truck manufacturer, Germany’s Daimler, set up a large- and medium-sized truck factory with an annual production capacity of 100,000 vehicles in cooperation with Beijing Automotive Group in 2011; U.S. GM and FAW cooperated to start producing small trucks; Germany’s Volkswagen and China’s heavy-duty vehicles The group researched the joint development of heavy-duty trucks; Suzuki Motors Japan also plans to cooperate with Chongqing Auto to build a new commercial vehicle factory in the area.
In 2012, Volvo Group and Dongfeng Motor will jointly explore the truck market in China and Southeast Asia. Japan’s UD trucks under the Volvo Group will invest 2 billion yen. It plans to start producing Volvo-brand medium and large trucks in China from 2013, with an annual production capacity of 50,000 vehicles. In addition to domestic sales in China, it exports to neighboring countries such as Southeast Asia. The Volvo Group uses the effective combination of the advanced environmental technology and quality management model of Japan's UD Trucks and Dongfeng Motor's low-cost production system to further increase its international competitiveness and expand its global market share.
Volvo and other European and American car companies increase investment in China