China's heavy truck production and sales growth will return to rationality in 2011 with a growth rate of 15%


The Spring Festival 2011 is approaching, and the commercial vehicle market has ushered in the traditional peak season. It is learned from such companies as China National Heavy Duty Truck and Weichai Power that they are currently producing at full capacity, and the order situation is also growing slightly year-on-year.

In 2010, the old-fashioned trade-in policy and subsidy for cars to the countryside all came to an end in 2011. The industry's forecast for 2011 is relatively consistent: the high growth of commercial vehicles is no longer expected, and it is expected to return to rationality.

It is understood that the market demand for commercial vehicles in 2011 will remain stable. Rural water conservancy construction has received the attention of the government, which should have a leading role in the domestic commercial vehicle industry, mainly focusing on the demand for agricultural vehicles and light trucks. In addition, it is also a good opportunity for the development of the construction machinery industry. In addition, in 2010, China’s heavy truck market exceeded the one million mark for the first time. In 2011, the market development of commercial vehicles such as heavy trucks was on the basis of explosive growth in 2010, and the increase in the heavy truck industry in 2011 will not be the same as 2010. So big, but it will still maintain a moderate increase. Judging from the performance of the heavy truck market in recent years, the average compound growth rate has reached 15%, and the growth in 2011 will return to a normal state, at least around 15%.

According to reports, the performance of the bus industry in 2011 was mainly affected by changes in the direction of monetary policy and national emissions regulations. Whether it is the reduction of the credit line or the general flow of good liquidity, it will have an impact on the prevailing loan purchase. At present, about 40%-50% of commercial vehicle consumers purchase cars through loans. The monetary policy in 2011 has brought greater pressure and challenges to the sales of the bus industry. It is expected that the country will provide more flexible and open financial platforms and loan channels.

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