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In 2007, the truck market achieved full growth with a steady increase in growth rate, with both production and sales exceeding 2 million vehicles. In the market segment, heavy trucks have become the strongest driving force for the advancement of the industry with a year-on-year increase in production and sales. After experiencing a wave of rebounds, China Cards resumed its downward trend. Light and micro card growth rates also slowed down.
Statistics provided by the China Association of Automobile Manufacturers show that in 2007 the truck market produced a total of 2,157,300 trucks, a year-on-year increase of 23.07% and sales of 2,144,500 vehicles, a year-on-year increase of 28.85%.
Heavy trucks smoothly finish
Since March of last year, a new round of “blowout†growth has engulfed the heavy truck industry. The heavy truck market has sold more than 50,000 units in a single month for three consecutive months. In April, the heavy truck sales have reached the highest single month in history. Vehicle. After the second half of the year, the heavy-duty truck market experienced a more significant decline, with the remaining sales falling below 40,000 units in addition to September. However, compared with the same period of last year, the heavy truck market still maintained high growth, with a slight slowdown in growth.
Statistics show that in 2007, the cumulative production of heavy trucks was 489,900, an increase of 61.36% year-on-year; sales of 487,500 units, an increase of 58.64% year-on-year.
Throughout the heavy-duty truck sales market in 2007, the total mass of heavy-duty trucks with a total mass of >32 tons showed the fastest year-on-year growth rate of 208.51%. In 2007, a total of 1,885 units were sold; 19 tons of heavy-duty trucks with a total mass of ≤ 26 tons remained. Maintaining the maximum sales volume, its annual sales in 2007 reached 43,400 units, accounting for 46.63% of the total sales volume of heavy-duty trucks; 26 tons of heavy-duty trucks with a total mass of ≤ 32 tons also achieved rapid growth. In 2007, a total of 31,700 units were sold. Vehicles, an increase of 102.87% over the same period last year. In addition, semi-trailer tractors sold a total of 177,800 vehicles in 2007, a year-on-year increase of 91.86%.
From the industry sales data, although the growth rate of the heavy-duty card market slowed down significantly in the second half of 2007, the major production enterprises achieved rapid growth year-on-year. China National Heavy Duty Truck Co., Ltd. was disproportionately sold for 99,800 units, up 65.78% year-on-year. FAW's total sales of 96,200 units followed closely, up 47.32% year-on-year. The third to seventh units are Dongfeng (8.87 million units), Shaanxi Auto (60,100 units), Futian (56,600 units), SAIC Iveco Hongyan (24,000 units), and North Mercedes-Benz (5.11 million units). Among them, Shaanxi Auto and Foton continued to maintain the momentum of rapid growth, with an increase of 84.36% and 77.43%, respectively. In addition, Hualing (11,200 units), JAC (1.02 million units), and Sanhuan (0.59 million units) ranked eighth to tenth also achieved rapid growth, with year-on-year increases of 107.02% and 235.56% respectively. And 94.56%.
China Card returned to a slump
As a result of the impact of product structure adjustments, the market share of China Card once quickly declined. In the first half of 2007, with the improvement of product quality and its own characteristics, China Card achieved a recovery in sales volume and stabilized its market share at 11%. However, from the beginning of August until the end of the year, China Card also showed a year-on-year downward trend. Statistics show that in 2007, China Card produced a total of 234,600 units and sold 236,700 units, which represented a year-on-year increase of 16.16% and 17.24% respectively.
From the perspective of the China Card Market, the total sales of the China Card in the range of 10 tons of total quality ≤12 tons fell significantly. In 2007, a total of 23,500 units were sold, a year-on-year decrease of 48.44%; 12 tons of total cards with a total quality of ≤14 tons were in the whole card market. The car exploded in the second half of the year. In 2007, it sold a total of 0.94 million units, an increase of 136.94% year-on-year.
In the card sales market, Dongfeng and FAW have obvious advantages. In 2007, Dongfeng sold a total of 73,700 medium-in-line cards, a year-on-year increase of 21.29%; FAW accumulated sales of 58,700 vehicles, an increase of 3.23% year-on-year. Chengdu Trump, Jianghuai and Sichuan Nanjun ranked third to fifth, and the cumulative sales of the three companies were 20,600, 14,000, and 13,700. Light and micro card growth slows down
In 2007, young card sales continued to grow steadily, and micro-cards experienced a certain decline in the second half of the year. According to statistics, the 2007 young card market produced a total of 1,132,200 vehicles and 1,104,900 vehicles, an increase of 18.31 percent and 16.19 percent year-on-year; micro cards produced a total of 309,700 vehicles and 315,400 vehicles, an increase of 3.87% and 8.36% respectively year-on-year.
From the perspective of the light-duty card segment, the light-duty trucks in the 4.5 tons of total weight ≤ 6 tons in 2007 recorded a rapid growth from the previous year, an increase of 40.73%, and the cumulative sales volume was 126,000 units. In contrast, the light trucks with a sales volume of 1.8 tons and a total mass of ≤ 3.5 tons have a relatively stable growth rate of 18.49%, but their sales volume is the largest, totaling 577,100 units, accounting for 57.41% of the total sales volume of light trucks.
From the perspective of sales performance in 2007, Fukuda has obvious advantages, with cumulative sales of 319,600 units, an increase of 11.04% over the same period last year. Dongfeng ranks second, with 120,700 light trucks sold, a year-on-year increase of 16.05%; JAC ranks third, with an accumulated sales of 106,300 light trucks, a year-on-year increase of 14.44%.
In the micro-card market, the top three are Chang'an, SAIC-GM-Wuling and Hafei, respectively. In 2007, the cumulative sales volume was 76,900 units, 56,200 units and 41,900 units respectively.