China
Medium Truck Industry Report, 2014-2017 released by Sino Market Insight
forecasts China’s medium truck output will be 151,000 in 2017.
From
January to April of 2014, China’s medium truck output and sales volume hit
57,300 and 56,200 respectively, down 19% and 15% separately compared with the
same period in 2013. The decline rates touched the bottom since 2012, because
medium trucks targeted at individual consumers, less economical than heavy
trucks in long-distance transport while less flexible than light trucks in
short-distance transport. In the future, the market share of medium trucks will
shrink further under the threat of heavy and light trucks.
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In
terms of vehicle sales volume, China National Heavy Duty Truck Group, Dongfeng
Automobile, Anhui Jianghuai Automobile, Chongqing Lifan and Beiqi Foton ranked
the top with the respective sales volume of 14806, 10765, 6053, 4465 and 4405,
accounting for 72.0% of the total sales volume of medium trucks together.
As
one of the major heavy-duty truck and military vehicle production bases in
China, China Heavy Duty Truck Group is an all-series commercial vehicle
conglomerate producing more than 2,000 models of heavy truck, medium truck,
light truck, special trucks, buses, special vehicles and with brands such as
Sitrak, Howo, Steyr, Huanghe Commander, Gold Prince, Hohan, Wangpai, Folor,and
Wero, boasting the most complete range of drive types and powers in China’s
heavy truck industry. In 2013, the Group operated nearly 900 sales units, more
than 1,200 service stations, a nationwide distribution network, a parts supply
network as well as an after-sales service & maintenance network.
The
report contains six chapters and 75 charts, introducing China commercial
vehicle industry, medium truck industry, competition patterns and future
trends. It also analyzes profile, financial indicators, capacity, output, sales
volume and development planning of 13 major domestic automobile manufacturers,
such as China National Heavy Duty Truck Group, Dongfeng Automobile, Anhui
Jianghuai Automobile, Chongqing Lifan Automobile, Beiqi Foton Motor, Sichuan
Hyundai Motor and Zhejiang UFO Automobile Manufacturing.
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