January-April 2011 China Heavy Truck Market Analysis and Forecast

I. The trend of the commercial vehicle market in January-April 2011 In April 2011, China’s auto market continued the sluggish trend of the previous month. The automobile production and sales experienced the first negative growth in 27 months since February 2009 and it was also the automobile of China since the financial crisis. After the industry resumed its first negative growth after growth, the overall situation was not optimistic.

From January to April 2011, the production and sales of automobiles reached 6,413,100 units and 6,533,900 units respectively, an increase of 5.09% and 5.95% year-on-year, respectively, representing an increase of 58.71% and 54.56% respectively from the same period of 2010. Among them, the decline in commercial vehicles was even more pronounced. In April 2011, the production and sales of commercial vehicles completed 377,700 and 407,700 vehicles, respectively, a decrease of 14.69% and 14.81% respectively from the previous month.

For the continuing downturn of the Chinese auto market since 2011, Zhu Yiping, Assistant Secretary General of the China Association of Automobile Manufacturers, stated: First, the withdrawal of policies such as purchasing tax concessions and the impact of the country’s macroeconomic controls; second, the continuous rise in fuel prices, It is the impact of the implementation of the policy of restricting urban blockade and purchase restrictions in some cities, as well as the implementation of the oil price admission policy and the impact of the Japan earthquake. The impact of the Japan earthquake was even more pronounced in April.

II. The trend of the medium and heavy truck market in April 2011 1. General trend Since 2006, the sales growth trend of medium and heavy trucks has been similar to the overall situation of commercial vehicles. Except that the increase rate in 2008 has declined, the overall growth rate has been increasing year by year. After nearly two years of rapid development in China's heavy-duty truck industry, the space for market demand in 2011 has been small, and it is difficult for sales volume to increase continuously. In April 2011, domestic sales of medium- and heavy-duty trucks saw a month-on-month decline. In the first four months, a total of 501,160 medium- and heavy-duty trucks were sold, an increase of 3.09% year-on-year, and the trend was slowing down.



The development of heavy-duty trucks is heavy. In 2006, heavy trucks accounted for 51.54%, Zhongka accounted for 48.46, in 2011, heavy trucks accounted for 79.11, and China Cards accounted for 20.89%. The proportion of medium-sized trucks shrank year by year.

2. In terms of the sales volume of the medium- and heavy-duty trucks in each sub-model, the China Cards were slightly sluggish, and the market demand was not high. It was basically maintained at a fixed level. In April 2011, China Card sold 104,707 units, which had a slight increase in sales compared to the same period. increase.

Compared with the spurt growth in 2010, the performance of heavy trucks in the first four months was lukewarm. In January-April 2011, a total of 396,453 heavy trucks were sold, a cumulative increase of 3.33%. In April, it decreased by 18.34% from the previous month.