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In April 2011, the domestic production and sales of heavy-duty truck companies were basically stable. Although there was no hot flash in March, there was no significant drop in fear of many people. As of the end of April 2011, the heavy truck market sold a total of approximately 108,000 vehicles in the month, bringing the total sales volume in the first four months of 2011 to exceed 390,000, nearly 400,000.
It is understood that Dongfeng Commercial Vehicles will continue to maintain its top position in heavy truck sales with monthly sales of 22,500 heavy trucks (headquarters, 18,081 vehicles). The FAW Jiefang and China National Heavy Duty Trucks followed the sales volume of about 19,000 vehicles; in the second group, Shaanxi Automobile maintained the fourth place with 13,866 units, and Futian Auman sold 13,015 units, a small gap of 851 units from Shaanxi Auto. Ranked fifth; in the Third Army, Beiben, Hongyan, Jianghuai Gerefa sold 5006 vehicles, 4,416 vehicles, and 3,160 vehicles respectively.
At the end of April 2011, companies are still suffering from unevenness, and the rapid rise of the Third Army may bring greater uncertainty to this market.
In the first four months of 2011, Dongfeng Commercial Vehicle, JAC Gehrfa and Bei Ben Heavy Duty Trucks won outstanding performance
Compared with March 2011, which had a sales volume of 130,000 units in a single month, sales in April had a deceleration from the previous month. The top eight companies sold a total of 99.96 million heavy trucks, which was calculated based on the market share occupied by the eight companies (calculated according to the total share of 92.53% in the first quarter of 2011). In April, the total sales volume of the heavy truck market was approximately 108,000 units. It was down 17% from the previous quarter and was down 6.8% from 115.9 thousand vehicles in April 2010. As heavy truck sales reached 290,400 units in the first quarter of 2011, the total sales of heavy trucks in the first four months was about 398,400, which was close to 400,000.
Dongfeng Commercial Vehicle Co., Ltd. sold a total of 83,800 units in the first four months of 2011, an increase of nearly 10% year-on-year. It is the only net growth company in the first group. The liberation of FAW was hampered by the overall decline in the tractor market. Sales volume in the first four months fell by more than 20% year-on-year. In addition, the slight decline of China National Heavy Duty Truck and the same as the liberation of FAW has fallen significantly, so that the overall market share of the heavy truck first tier continues to decline.
From January to April 2011, the second tier of heavy trucks maintained steady growth. Shaanxi Automobile and Foton both increased by more than 14% year-on-year, higher than the average growth rate of the industry, indicating that the two companies have a relatively stable development trend.
Among the top eight companies, the highest rate of increase was Jianghuai Gefa, which ranked first in the growth rate of heavy-duty trucks with a cumulative sales volume of 15,100 units and an increase of 86%; the second and third fastest growth rates were Beibei respectively. (29.80%) and SAIC Iveco Red Rock (26.52%). The growth of the third group army is generally high, indicating that Beiben, Hongyan, Jianghuai are narrowing the gap with the Second Group Army, and its market share is also rising month by month.
The sales of heavy trucks in the first four months of 2011 showed a slight increase year-on-year, indicating that the rigid demand in the terminal market is still relatively strong. Otherwise, if you only rely on distributors to distribute goods, it is impossible to continue.
May will usher in a turning point, still good for the first half
From the beginning of April into the second quarter of 2011, the heavy truck market faces more uncertainties. On the one hand, the year-on-year increase in CPI (consumer consumer price index) exceeded 5% in the first quarter. Several agencies predict that the increase in CPI in April will continue to rise, monetary policy will tighten further, and the possibility of raising interest rates again will be very high; On the other hand, the rise in oil prices, the low freight rates, and the inconvenience of sales of road vehicles.
The state controls the excess liquidity, the terminal market is very tight, and the bank provides a small amount of consumer loans for distributors. This is the most different place in 2011 compared to previous years. Moreover, due to the lagging effect of the policy, the adverse effect of continuous national interest rate hikes on fixed asset investment and the heavy truck market since the end of 2010 will be clearly demonstrated in the second quarter of 2011.
In order to guard against the risks, heavy truck manufacturers have not forced distributors to distribute goods since the beginning of 2011. A top-heavy truck company executive believes that due to the macroeconomic control and the advancement of various companies by the end of 2010, heavy truck production season will end in May 2011. In May, the schedules for the various companies' production plans will be greatly reduced, and the heavy truck market will gradually enter the off-season. It is understood that in May 2011, many heavy-duty truck companies had orders of production that fell in varying degrees from April to April.
Although the annual decline in tractors is a foregone conclusion, it is still too early to say that vehicle sales for construction vehicles will decline. Although the growth rate of investment in fixed assets has slowed down, there are still some affordable housing projects in various places. Water conservancy projects are also under construction. The domestic demand for coal mines, iron ore and steel is still at a high level. These are good aspects.
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