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China Heavy Truck Industry Report, 2009
Research In China, Oct 2009, Pages: 81
Chinese heavy truck market has developed rapidly since 2005, but slowed down after the international financial crisis in 2008. On January 1, 2008, the implementation of the National Standard ? forced heavy truck enterprises to invest huge capital in introducing new manufacturing and maintenance technology and make the adjustments on product strategies. In 2009, China increased investment and issued 'Automobile Industry Promotion Plan' to stimulate domestic demand as well as support the development of automobile industry, so heavy truck industry rebounded. From January to July of 2009, 274700 heavy trucks were sold in China. It is expected that the infrastructure construction will be carried out in the latter half of 2009, and there will be increasing demand for heavy trucks, so the industry is expected to revive then.
China National Heavy Duty Truck Group Co., Ltd. always takes a dominant position in Chinese heavy truck market. In 2008, it produced 105,600 heavy trucks, with a year-on-year increase of 6.06%; it sold 111,400 heavy trucks, up 6.2%. From January to July of 2009, it produced 74,800 and sold 77,500. The layout of China heavy truck market is relatively balanced. The sales volume of Hebei and Shandong is 5000 to 10000, much more than that of other provinces and cities. China National Heavy Duty Truck Group Co., Ltd. is the first enterprise to adopt EGR technology, so the heavy trunks made by it are qualified for the National Emission Standard III with reasonable performance-price ratio, and the trucks sold well. In 2009, its market shares will be further expanded.
The report researches the development and market changes of heavy truck industry in 2008 and 2009 from the view of external environments, internal market, key enterprises, and heavy truck technology. The report works out a large number of analysis charts according to the materials offered by National Bureau of Statistics of China and China Association of Automobile Manufacturers. The report predicts the development trend of heavy truck industry in 2009. Through studying the status quo of heavy truck industry, the report intends to find out the development roadmap of the industry and grasp the future market trends.
This title is also available in the following language
China Heavy Truck Industry Report, 2009 (Chinese Version)
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