The Development Of Trucks

- Mar 20, 2018-

"2013-2017 China Heavy Truck Automobile Industry Production and Sales Demand and Investment Forecast Analysis Report" data show that in October 2012, the auto sales volume was 1.61 million, an increase of 5% year-on-year and a month-on-month decrease of 1%; the cumulative sales volume from January to October was 15.7 million units. Increased by 3%. Among them, 1.3 million passenger vehicles were sold, with a 6% increase, a drop of 1%; commercial vehicle sales were 310,000, an increase of 1%, and a 2% increase. Heavy truck sales will rebound next year. The first is a large number of cars entering the replacement cycle. Followed by the National IV regulations to promote the replacement and replacement. The heavy truck will have 2 million vehicles at the end of 2008 and its life cycle is 4-5 years. Therefore, the 2 million vehicles will enter the replacement cycle. Heavy truck sales growth is a high probability event.