Chinese light van market Overview in Q1
Under the influence of international financial crisis, the downward trend of commercial vehicles is very clear from the beginning of August 2008. Light truck sales fell month by month. In order to cope with the adverse impact, China has taken a series of economic stimulus policies early in 2009. And these policies have made a great progress.
The first quarter of 2009, light truck sales were 319,105 and 317,879, with a year-on-year increase of 9.9% and 4.5%. It has a sharp increase in February and March. And the data also showed light truck market come out from the shadow of financial crisis.
What's more, the major market performances are light truck's tonnage with fastest-growing and technologies become the main competitive power in market competition.
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