Sales Analysis of China Heavy Trucks in June

www.chinatrucks.com: China heavy truck markets are still down in June. 63,600 heavy trucks were sold out in June, down 32.2% over last year.

Among the top three heavy makers, Dongfeng topped as sales of 14,000 units, and sales of FAW and Sinotruk decreased by over 50%, and their sales volumes were 11,000 units and 8,000 units. 6,800 Shaanxi Auto heavy trucks were sold out, down 42.9%, and 9,100 Foton heavy trucks were sold out, comparable to the sales of last year, the only truck makers among the top five to maintain the sales volumes as in last year.

And sales of Beiben, SIH and CAMC dropped over 20%, and JAC heavy trucks increased sales. And the top nine truck makers took 94-95% market shares, and 63,600-62,900 heavy trucks were sold out, down 32.2%-32.9% over last year.

Affected by the undesirable sales in May and June, 543,100 heavy trucks were sold out in the first half year, down 7% over 2010.

290,400 heavy trucks were sold out from Jan. to March, up 8.4%; 396,500 heavy trucks were sold out from Jan. to April, up 3.33%, and the sales in the first five months decreased by 2.29% over last year, and the sales in the first half year decreased by 7%.
 
The sales gap between the top three groups of truck makers are decreasing. Sales of all the top three truck makers decreased. Sales of Sinotruk decreased by 19.7%, and sales of FAW decreased by 34% affected by the sliding sales of tractors. And sales of Dongfeng decreased by 0.8%. Nearly 200,000 Dongfeng vehicles, including medium and heavy trucks, light trucks, buses, bus chassis and special vehicles, were sold out in the first half year, up 14.8%. And 140,000 medium and heavy trucks were sold out, leading in China truck industry.

65,900 Shaanxi Auto vehicle were sold out from Jan. to June, up 2.2%; and 65,900 Foton trucks were sold, up 12.8%.

And among the third truck makers, sales growth of JAC were 90%, and 26,500 Beiben trucks and 22,700 SIH trucks were sold, up 13.2% and 17%. And sales of CAMC increased slightly.

Sales of main truck makers in the first half year

It is predicted that sales of truck will be the lowest in July and Auguest, and it is rather hard to sell more than 60,000 trucks in a single month. On one hand, it is the traditional slack season for truck sales in July and August; on the other hand, the higher fuel prices, low freight rates and squeezing expense credits affect logistics markets. In addition, the newly released "Highway Safety Protection Regulation" delays truck purchasing and replacement to some extent.

Some industry insiders said that there is no clear favorable factors in the second half year, and sales of trucks may decrease by 15% to 20%.
 
And some others deem that sales of heavy trucks may increase clearly in Sept. and Oct.And the affecting factors include concentration expenses in the fourth season of financial budget and clearing of chargable highway.