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Heavy truck sales fell for two consecutive times! China V has not digested the inventory of vehicles, and the market is going to be cold?

Heavy truck sales fell for two consecutive times! China V has not digested the inventory of vehicles, and the market is going to be cold?

  • Categories:Industry News
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  • Time of issue:2021-08-11 15:47
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Heavy truck sales fell for two consecutive times! China V has not digested the inventory of vehicles, and the market is going to be cold?

(Summary description)

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2021-08-11 15:47
  • Views:
Information

Recently, the China Automobile Association announced that following the decline last month, the sales volume of heavy trucks continued to decline this month, which has shifted from 14 consecutive months of growth to two consecutive declines.
According to the China Automobile Association data learned by the editor of the unified brake fluid, a total of 158,000 heavy trucks were sold in June, a year-on-year decrease of 6.9%. However, the decline has narrowed compared to May. In May, the sales of heavy trucks totaled 162,000, a year-on-year decrease of 9.5%. From the production and sales data released by various companies, the head host manufacturers of heavy trucks have basically declined to varying degrees.
In June, FAW Jiefang sold a total of 33,100 heavy trucks, a year-on-year decrease of 15.10%, which was higher than the industry average, but the market share remained at the top; light trucks sold 6,124 vehicles, a year-on-year decrease of 23.78%. In June, Foton heavy trucks sold 13,000 vehicles, a year-on-year decrease of 24.56%; among them, Auman products also sold 13,000 vehicles, a year-on-year decrease of 5.79%. Although the above two items still continue to decline, the decline has been greatly eased. In May, Foton heavy truck and Auman products fell by 37.32% and 19.16% respectively.

In another set of data learned by the editor of unified brake fluids, the sales volume of China Trucks in June continued the momentum of May and continued to grow, with a growth rate of 15.7%. In May, China Trucks sales increased by 4.1% year-on-year. In particular, Futian China Truck has performed well, with a total of 7742 vehicles sold in June, an increase of 142.39% year-on-year, which can be said to have significantly outperformed the overall performance of the China truck market.

Despite this, some OEMs still have unsatisfactory performance in the context of the China-Cargo market rising against the trend. FAW Jiefang China Truck's sales fell by 36.70% year-on-year, with a total of 959 vehicles sold; JAC China Truck sold a total of 1,015 vehicles, a year-on-year decrease of 27.91%.
Under the background of National VI, the traditional fuel commercial vehicles have experienced a continuous decline, but the new energy models have ushered in the spring, and they have performed relatively strongly in all aspects. According to data from the China Automobile Association, in June, the production and sales performance of the new energy vehicle market was due to fuel vehicles, setting a record high.

Through a visit to the main engine factory, the editor of Uni-President Brake Fluid learned that Hanma Technology now has the endorsement of Geely Commercial Vehicles and has firmly transformed to the direction of new energy vehicles. In June, it also produced 42 new energy buses.
On the other hand, many OEMs are also focusing on digesting the National V inventory. The OEMs that do not have inventory pressure are already planning to vigorously promote the National VI models waiting for the spring of the National VI market in order to occupy more market shares in the future, and have launched many promotional activities and innovative financial products for the National VI models.

At present, the heavy-duty truck market has fallen for two consecutive times. Under the National Sixth Emission Standard, will the heavy-duty truck market usher in a new pattern? Let's wait and see.

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