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Under the influence of the global financial tsunami, many large-scale projects have been suspended or delayed, exports have stagnated, and the volume of logistics and transport services has plummeted, eventually reaching the heavy truck industry. This year, China’s heavy truck market is expected to have a relative sales volume of 550,000 vehicles, a growth rate of 77.4%, and an absolute growth rate of approximately 33% over the same period of last year, but it is far from the expected target value of doubled sales at the beginning of the year. However, post-disaster reconstruction has made heavy truck companies see huge business opportunities.
Three major challenges for heavy truck companies ahead of winter
Dongfeng Automobile Engineering Association Secretary-General Wang Weidong believes that the challenges brought about by the environmental changes in the medium- and heavy-duty truck market in 2009 are mainly threefold: first, the severe situation of energy-saving and emission-reduction, and the sampling inspections implemented by the State III in 2009 will be further strengthened; The deceleration of the Chinese economy brought about by the spread of the international financial crisis has led to a drop in GDP growth and a drop in the total volume of imports and exports. Third, the international economic environment has deteriorated, and the demand for heavy trucks in domestic medium- and heavy-duty truck export countries has declined.
According to the latest data from the China Association of Automobile Manufacturers, production and sales volume of medium- and heavy-duty trucks and special vehicles are still falling. October,
Post-Disaster Reconstruction Brings Huge Business Opportunities to Heavy Trucks
The production and sales volume of commercial vehicles in China dropped by 3.05% and 9.30% respectively year-on-year, with the largest drop in medium and heavy trucks. Compared with the same period of last year, the production and sales volume of semi-trailer tractors, non-completed passenger vehicles and non-integrated trucks, and production and sales of goods vehicles decreased more significantly. Experts predict that this situation will continue until at least early next year.
In September this year, the medium and heavy truck dealers in the Guangdong area obviously felt that the car could not be sold. In Dongguan, Nanhai, Shunde, and other economically developed regions, many companies have closed down, and the volume of logistics transportation has plummeted, and the chassis order volume of special-purpose vehicle companies has also been significantly reduced. According to the reporter's understanding, the output of some special-purpose vehicle companies in September and October was only 1/10 of the same period of last year. This is still a good situation, many private car companies have stopped production.
Sichuan's layout to seize the opportunities for post-disaster reconstruction
In the face of the challenges of the economic environment, medium- and heavy-duty truck companies are also beginning to find a way out. "Restoration after the disaster will be even hotter next year. What kind of materials will be used for reconstruction? Of course, heavy trucks." The business opportunities for reconstruction after the disaster have attracted many companies to Sichuan and become the first choice for many companies to spend the winter.
According to Lan Longquan, a salesperson of the liberation car, currently CNHTC, Liuzhou Liberation, and Shaanxi Auto have all started to invest in Sichuan or increase investment, and strive to rebuild business opportunities in the next year. Dongfeng Liuqi Marketing Department project manager said that this year, many dealers are demanding more investment in the Chengdu market. The company is also preparing to increase investment in the Sichuan market next year and expand market share. Lan Longquan expects that with the opportune time of post-disaster reconstruction, sales of heavy trucks will increase by 100% next year. Sichuan is a must for many heavy truck companies. "A lot of companies have set a new point in Sichuan, and the competition for the next year will be great."