National standard III light truck price down makes way for high end trucks
The NDRC price monitoring center released a monitoring result showing that influenced by raw materials price hike, commercial vehicle price rose 2.95% in July up 0.11% y-o-y.
However, after a continuing rise, cargo truck price declined 0.14% compared with Jun. Experts said it was caused by the National III light truck price cut rush in recent days.
It is a bit confusing why the price cut comes? Expert believes that the major reason is truck makers want to get more market share.
Presently, light truck market hasn’t been familiar with performances of national III light trucks and price hike is unacceptable to them. Light truck market demand is lagged widely.
To solve the problem, truck makers’ strategy is to push market demand up by price cut and once truck users have known the good performances of national III trucks they will put their more expensive high end light trucks on the market. It is an effective way to expand market.
Views:0
- Office Closed for National Day Public Holiday 2021-09-30
- Dongfeng Trucks with National VI Emission Standards to Arrive in Beijing 2019-10-22
- Notice on Closure of Office During National Day Holiday Period 2019-09-30
- 42 JAC New Energy Commercial Vehicles Delivered to Beijing Daxing Int'l Airport 2019-09-27
- Weichai Obtains China Heavy-duty Diesel Engine National VIb Certificate 2018-10-15
- Yuchai Releases K08 Diesel Engine with National VI Emission Standards 2018-10-11
- Notice on Closure of Office During Chinese National Day Holiday 2018-09-30
- JAC Held Its International Annual Conference 2018 2018-04-24
- National VI “Tianlongxin” Engines Delivered to Dongfeng Commercial Vehicle 2018-01-18
- JAC Attends 2017 China(Macau) International Automobile Exposition with i5 and i6 2017-11-10
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021
