The purchase tax reduction for small-displacement passenger vehicles will run through the whole year of 2009, and domestic refined oil prices will increase again. It is expected that the market share of small-displacement cars below 1.6 liters in 2009 will further increase. It is difficult to meet the domestic market demand because the power is too small for a car with a capacity of less than 1 liter. With the advancement of technology, heavy-duty small cars have been introduced to the following 1 liter models, and further support of the automobile revitalization planning rules is expected to be welcomed by the market. .
Heavy-duty truck sales rebounded significantly in February, with a year-on-year increase of 178%, and the year-on-year decline narrowed to 23%. Among them, semi-trailer tractors sold only 3,987 vehicles, which represented a 73% year-on-year drop. Excluding tractors, heavy-duty trucks sold 25,677 vehicles, up 7% year-on-year. From March 2009 onwards, new projects for fixed asset investment will enter the construction phase one after another. The demand for heavy trucks will begin to pick up. In the second quarter, a large number of new projects will start and demand for heavy trucks will recover substantially. We insist that the heavy-duty truck industry will benefit from the economic stimulus policies. With the advent of the peak season and more and more infrastructure construction projects, the demand for heavy trucks in March is expected to reach 60,000 vehicles. In the second quarter, sales of heavy trucks could reach 150,000 units, a 50% increase from the previous quarter.
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