The first quarter of commercial vehicle production and sales double negative support policy was introduced in the second quarter?

In the first quarter of this year, under the influence of the financial crisis and the implementation of the National III regulations, the commercial vehicle market, which accounts for about 30% of the total sales of automobiles, has continued to slump, and it has become an indisputable fact that the auto market is falling behind. Compared with the sales of passenger cars, commercial vehicles increased in March, but due to the continued sluggishness of most vehicle models, the sales and sales in the first quarter still experienced negative growth year-on-year, and inventory continued to rise. At present, this market is stimulating slowly by policies and is still affected by economic fluctuations. The situation is not optimistic.

Data show that in March, the production of commercial vehicles was 348,800, a month-on-month increase of 58.73%, an increase of 6.52% year-on-year, and sales of 337,400 units, a month-on-month increase of 53.18% and a year-on-year decrease of 5.29%. From January to March, commercial vehicle production and sales reached 692,600 units and 683,100 units, a year-on-year decrease of 4.38% and 6.13%. Since the beginning of this year, the commercial vehicle market has undergone little change. Futian, Dongfeng and FAW have ranked top 3 in terms of market share. The top ten companies account for about 70% of the country's total sales.

It is worth noting that after the trucks increased from the same period in February, production and sales in March increased by 27.13% and 10.07% respectively. The main influencing factor of the growth of trucks is the expectation that the economy will improve, and the potential purchasing power formed in the second half of last year will be released. However, the vehicle sales to the countryside have not yet formed an effective pull for truck sales. The tractor-trailer has doubled for two consecutive months since February and non-completed passenger vehicles have doubled since March. In the current situation, these data should be a positive signal for the commercial vehicle market, indicating that signs of bottoming are emerging. However, the commercial vehicle market will not fully recover in advance before the entire national economy has rebounded sharply.

The future trend of the commercial vehicle market has become one of the key variables of the 2009 auto market. According to the prediction of the China Association of Automobile Manufacturers, commercial vehicle sales this year will reach 2.75 million, an increase of 5% year-on-year. With the gradual implementation of the country’s 4 trillion investment, the domestic commercial vehicle market is likely to recover in the second half of the year and is expected to achieve certain growth throughout the year. At present, the state has already issued a plan for the revitalization of the automobile industry, involving fewer commercial vehicle sub-sectors. Only when the car goes to the countryside involves light trucks, it is hoped that the government will introduce relevant policies as soon as possible to stimulate the sales of exports and commercial vehicles and promote the overall recovery of the industry. In the second quarter, it is more likely that the state will introduce support policies for the development of commercial vehicles.

Power Tiller

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