Ngai Shing Development Limited , https://www.ngaishinghk.com
Relevant data show that in October China's heavy-duty truck market sales fell over 15% last year, the majority of heavy truck business sales in September this year, basically the same or slightly lower. Among them, FAW Jiefang and Dongfeng are still 10,000-class sales. In October, sales of heavy trucks were approximately 13,100 and 12,900 respectively. China National Heavy Duty Trucks continued to rank third in sales of 8,000 units in a single month; Auman and Shaanxi Auto sold 7,400 vehicles and 4611 vehicles respectively. The monthly sales of the third group Jianghuai, Beiben, Hongyan, and Hualing were 2,988, 2,840, 1,123, and 1,138 vehicles respectively. The industry's top nine companies have sold a total of about 45,100 heavy trucks, and the entire industry is expected to sell 58,200 vehicles, a decrease of about 4% from the previous month and a decrease of about 17% year-on-year. 
It is reported that in the first 10 months of this year, the heavy truck market sold a total of approximately 770,200 vehicles, a year-on-year decrease of approximately 10.3%. Dongfeng sold 163,300 of the total ranking Ngau Tau, and the second and third FAW heavy truck pull a certain gap; second army in order to maintain Fukuda cumulative sales of 93,200 up a slight increase (6% ) Shaanxi Automobile had a 8% year-on-year drop. Among the third group, Jianghuai Heavy Trucks and Hongyan Heavy Trucks maintained growth at 66.9% and 0.4% respectively. Beiben and Hualing sold 32,600 and 23,300 vehicles, respectively, down 13.8% and 11% year-on-year.
Why the traditional “Golden 9 Silver 10†reflected in the market this year is so cold, according to industry analysts, first of all, the industry inventory in the first half fell to a low point, from the highest 250,000 to the current 110,000-130,000 range, Some companies may increase their pre-arrangement and inventory in November and December to prepare for the peak season after the Spring Festival next year. Secondly, the overall situation of the heavy truck market has improved, especially the tractor market, which has been stimulated by the overwhelming efforts of the national overhaul to limit the extent of recovery. Heavy truck manufacturers such as FAW, which are known for their tractors, have begun to emerge from the low point. The sales volume has returned to more than 10,000 vehicles (the sales volume of FAW Jiefang Heavy Trucks was 13,852 vehicles in September this year).
The Chinese economy will continue to grow in 2011, but the growth rate has slowed down. The sales growth of the heavy truck market has a significant relationship with the country's GDP growth rate. Therefore, the slowdown in the growth of the heavy truck market in 2011 is certain. In addition, the heavy truck market in 2010 to some extent overdrawn the market demand in 2011, and the current logistics market profits are low, may affect the traction market in 2011.
At the same time, the growth rate of fixed asset investment will continue to remain high in 2011, making the demand for engineering heavy trucks more optimistic. In addition, with the upgrading of emission standards and the maturity of users, the demand for high-end heavy-duty trucks with long service life and low fuel consumption will be significantly increased, and the market share of mid- to high-end heavy trucks may increase in the future.