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According to the latest automobile production and sales data released by the China Association of Automobile Manufacturers, in 2009, the production and sales of commercial vehicles in China reached 3,407,200 units and 3,133,500 units respectively, an increase of 33.02% and 28.39% year-on-year. In contrast, the domestic commercial vehicle lubricant market is basically based on CD-grade lubricants, including the recently launched Kunlun “Tianhong†new formula series products that can meet the requirements of refined, heavy-duty, and high-power commercial vehicle engines. Less than 20 kinds of lubricating oil products above the CF standard, and 85% of which are still high-priced foreign products, commercial vehicle users in the choice of engine oil, the actual is very limited.
Sustained increase in commercial vehicle ownership
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